Financials Renesas Electronics Corporation OTC Markets

Equities

RNECY

US75972B1017

Semiconductors

Market Closed - OTC Markets 20:59:54 17/07/2024 BST 5-day change 1st Jan Change
9.75 USD -4.32% Intraday chart for Renesas Electronics Corporation -5.89% +9.06%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,281,587 1,866,244 2,764,012 2,118,920 4,510,709 5,712,930 - -
Enterprise Value (EV) 1 1,906,878 2,347,256 3,356,176 2,538,595 4,726,976 6,359,697 5,251,100 4,820,507
P/E ratio -215 x 40.7 x 20.6 x 8.6 x 13.4 x 19.9 x 16.1 x 14.2 x
Yield - - - - - 0.9% 1.03% 1.21%
Capitalization / Revenue 1.78 x 2.61 x 2.78 x 1.41 x 3.07 x 3.84 x 3.44 x 3.18 x
EV / Revenue 2.65 x 3.28 x 3.38 x 1.69 x 3.22 x 4.27 x 3.16 x 2.68 x
EV / EBITDA 12.3 x 11.4 x 10.5 x 3.97 x 8.12 x 11 x 7.67 x 6.25 x
EV / FCF -3.53 x 12.8 x -9.43 x 6.65 x 20.6 x -89.2 x 12.8 x 10 x
FCF Yield -28.3% 7.83% -10.6% 15% 4.85% -1.12% 7.81% 9.96%
Price to Book 2.07 x 3.03 x 2.39 x 1.39 x 2.31 x 2.45 x 2.21 x 1.99 x
Nbr of stocks (in thousands) 1,708,782 1,729,605 1,942,383 1,790,384 1,769,599 1,779,729 - -
Reference price 2 750.0 1,079 1,423 1,184 2,549 3,210 3,210 3,210
Announcement Date 12/02/20 10/02/21 09/02/22 09/02/23 08/02/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 718,243 715,673 994,418 1,500,900 1,469,415 1,487,968 1,662,959 1,796,116
EBITDA 1 154,871 206,669 320,097 639,200 581,900 577,416 684,483 771,773
EBIT 1 6,845 65,142 183,601 559,400 501,600 492,938 577,355 654,894
Operating Margin 0.95% 9.1% 18.46% 37.27% 34.14% 33.13% 34.72% 36.46%
Earnings before Tax (EBT) 1 257 65,216 152,463 362,299 422,173 379,947 460,076 516,860
Net income 1 -5,914 45,626 127,261 256,632 337,086 289,681 355,667 400,973
Net margin -0.82% 6.38% 12.8% 17.1% 22.94% 19.47% 21.39% 22.32%
EPS 2 -3.490 26.54 68.96 137.7 189.8 161.4 199.1 225.5
Free Cash Flow 1 -540,202 183,700 -355,742 381,802 229,135 -71,318 410,333 479,974
FCF margin -75.21% 25.67% -35.77% 25.44% 15.59% -4.79% 24.67% 26.72%
FCF Conversion (EBITDA) - 88.89% - 59.73% 39.38% - 59.95% 62.19%
FCF Conversion (Net income) - 402.62% - 148.77% 67.98% - 115.37% 119.7%
Dividend per Share 2 - - - - - 28.82 33.17 38.69
Announcement Date 12/02/20 10/02/21 09/02/22 09/02/23 08/02/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2020 S2 2021 S1 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1 2025 Q2 2025 S1 2025 S2
Net sales 1 345,415 370,258 421,553 314,432 572,865 346,696 376,620 722,908 387,100 390,860 777,990 359,374 368,717 728,091 379,391 361,933 741,324 351,790 357,852 709,660 378,474 397,623 753,156 399,102 410,698 801,738 841,353
EBITDA 1 - - - 100,436 - 155,200 165,147 - 163,400 155,500 - 144,300 149,000 - 152,600 136,000 - 133,800 133,842 - 153,968 157,368 - 154,981 - - -
EBIT 1 30,569 35,216 65,661 64,116 117,940 135,500 145,319 210,005 142,800 135,700 278,600 123,265 97,257 220,522 98,006 115,500 247,800 113,500 115,620 231,511 126,690 137,847 260,288 138,724 149,220 287,943 315,529
Operating Margin 8.85% 9.51% 15.58% 20.39% 20.59% 39.08% 38.59% 29.05% 36.89% 34.72% 35.81% 34.3% 26.38% 30.29% 25.83% 31.91% 33.43% 32.26% 32.31% 32.62% 33.47% 34.67% 34.56% 34.76% 36.33% 35.91% 37.5%
Earnings before Tax (EBT) 1 29,769 35,447 50,736 51,682 101,727 78,996 68,681 147,423 95,679 119,197 214,876 127,762 112,849 240,611 103,020 78,542 181,562 91,752 82,325 174,077 86,128 90,923 177,051 97,105 107,601 204,706 232,292
Net income 1 23,212 22,414 37,705 51,804 89,556 59,784 50,554 110,437 74,700 71,479 146,195 105,211 90,594 195,805 75,329 65,952 141,281 79,866 62,718 139,896 71,055 76,361 129,103 80,470 78,462 149,269 169,385
Net margin 6.72% 6.05% 8.94% 16.48% 15.63% 17.24% 13.42% 15.28% 19.3% 18.29% 18.79% 29.28% 24.57% 26.89% 19.86% 18.22% 19.06% 22.7% 17.53% 19.71% 18.77% 19.2% 17.14% 20.16% 19.1% 18.62% 20.13%
EPS 2 13.55 - 21.53 27.35 - 30.74 26.15 56.96 41.11 39.60 80.71 58.50 51.46 110.0 42.64 37.17 79.81 44.90 36.66 - 43.45 44.57 - 49.97 - - -
Dividend per Share 2 - - - - - - - - - - - - - - - - - - 13.99 - - 13.99 - - 15.45 - -
Announcement Date 30/07/20 10/02/21 29/07/21 09/02/22 09/02/22 27/04/22 28/07/22 28/07/22 26/10/22 09/02/23 09/02/23 27/04/23 27/07/23 27/07/23 26/10/23 08/02/24 08/02/24 25/04/24 - - - - - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 625,291 481,012 592,164 419,675 216,267 646,767 - -
Net Cash position 1 - - - - - - 461,830 892,423
Leverage (Debt/EBITDA) 4.037 x 2.327 x 1.85 x 0.6566 x 0.3717 x 1.12 x - -
Free Cash Flow 1 -540,202 183,700 -355,742 381,802 229,135 -71,318 410,333 479,975
ROE (net income / shareholders' equity) -1% 7.4% 14.3% 19.1% 19.1% 15.2% 16.1% 16.4%
ROA (Net income/ Total Assets) 0.64% 3.98% 7.59% 13.9% 11.3% 9.75% 7.6% 8.5%
Assets 1 -925,364 1,146,088 1,675,759 1,848,251 2,989,748 2,971,085 4,679,830 4,717,332
Book Value Per Share 2 363.0 356.0 596.0 854.0 1,105 1,313 1,452 1,615
Cash Flow per Share 2 83.90 109.0 143.0 237.0 274.0 271.0 301.0 335.0
Capex 1 10,800 22,261 88,000 216,400 88,223 72,500 88,333 87,500
Capex / Sales 1.5% 3.11% 8.85% 14.42% 6% 4.87% 5.31% 4.87%
Announcement Date 12/02/20 10/02/21 09/02/22 09/02/23 08/02/24 - - -
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
3,210 JPY
Average target price
3,753 JPY
Spread / Average Target
+16.91%
Consensus
  1. Stock Market
  2. Equities
  3. 6723 Stock
  4. RNECY Stock
  5. Financials Renesas Electronics Corporation