Financials SPK Corporation

Equities

7466

JP3163800000

Auto, Truck & Motorcycle Parts

Market Closed - Japan Exchange 07:00:00 28/05/2024 BST 5-day change 1st Jan Change
2,053 JPY +0.20% Intraday chart for SPK Corporation +0.54% +11.15%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,076 12,623 12,974 13,406 17,383 20,616 - -
Enterprise Value (EV) 1 8,931 8,643 8,023 9,548 14,125 20,777 20,616 20,616
P/E ratio 8.5 x 8.13 x 9.38 x 8.25 x 8.44 x 8.69 x 8.31 x 7.87 x
Yield 2.79% 4.38% 2.86% 3% 2.54% 2.42% 2.63% 2.83%
Capitalization / Revenue 0.28 x 0.29 x 0.31 x 0.28 x 0.32 x 0.33 x 0.32 x 0.3 x
EV / Revenue 0.28 x 0.29 x 0.31 x 0.28 x 0.32 x 0.33 x 0.32 x 0.3 x
EV / EBITDA - - - - - - - -
EV / FCF 22,403,979 x 19,096,673 x - -105,560,501 x 64,861,385 x - - -
FCF Yield 0% 0% - -0% 0% - - -
Price to Book 0.72 x 0.71 x 0.69 x 0.66 x 0.78 x 0.85 x - -
Nbr of stocks (in thousands) 10,042 10,042 10,042 10,042 10,042 10,042 - -
Reference price 2 1,202 1,257 1,292 1,335 1,731 2,053 2,053 2,053
Announcement Date 26/04/19 27/04/20 27/04/21 02/05/22 02/05/23 07/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 42,885 43,860 41,902 47,686 54,695 63,302 65,100 69,400
EBITDA - - - - - - - -
EBIT 1 1,925 1,945 2,044 2,034 2,720 3,145 3,400 3,600
Operating Margin 4.49% 4.43% 4.88% 4.27% 4.97% 4.97% 5.22% 5.19%
Earnings before Tax (EBT) 1 2,088 2,288 2,042 2,349 2,968 3,341 3,600 3,800
Net income 1 1,421 1,553 1,383 1,625 2,059 2,392 2,480 2,620
Net margin 3.31% 3.54% 3.3% 3.41% 3.76% 3.78% 3.81% 3.78%
EPS 2 141.5 154.7 137.7 161.8 205.1 238.2 247.0 260.9
Free Cash Flow 539 661 - -127 268 - - -
FCF margin 1.26% 1.51% - -0.27% 0.49% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) 37.93% 42.56% - - 13.02% - - -
Dividend per Share 2 33.50 55.00 37.00 40.00 44.00 50.00 54.00 58.00
Announcement Date 26/04/19 27/04/20 27/04/21 02/05/22 02/05/23 07/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4
Net sales 1 21,881 19,381 22,899 12,178 12,607 25,761 14,656 15,031 15,838 30,869 16,878 15,555
EBITDA - - - - - - - - - - - -
EBIT 1 993 805 987 499 468 1,049 897 983 791 1,774 892 479
Operating Margin 4.54% 4.15% 4.31% 4.1% 3.71% 4.07% 6.12% 6.54% 4.99% 5.75% 5.28% 3.08%
Earnings before Tax (EBT) 1,343 794 1,155 568 517 1,181 982 1,035 - 1,930 928 -
Net income 924 535 799 386 353 816 689 697 - 1,321 648 -
Net margin 4.22% 2.76% 3.49% 3.17% 2.8% 3.17% 4.7% 4.64% - 4.28% 3.84% -
EPS 92.10 53.31 79.59 38.45 35.20 81.35 68.53 69.47 - 131.6 64.53 -
Dividend per Share 17.00 16.00 18.00 - - 20.00 - - - 23.00 - -
Announcement Date 25/10/19 26/10/20 29/10/21 31/01/22 29/07/22 31/10/22 31/01/23 31/07/23 31/10/23 31/10/23 31/01/24 07/05/24
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 3,145 3,980 4,951 3,858 3,258 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 539 661 - -127 268 - - -
ROE (net income / shareholders' equity) 8.8% 9% 7.5% 8.3% 9.7% 10.3% - -
ROA (Net income/ Total Assets) 7.86% 7.59% 7.6% - - 9.2% - -
Assets 1 18,071 20,464 18,204 - - 26,005 - -
Book Value Per Share 1,666 1,781 1,882 2,014 2,208 2,438 - -
Cash Flow per Share 158.0 177.0 162.0 185.0 238.0 279.0 - -
Capex 1 557 421 398 663 570 700 700 700
Capex / Sales 1.3% 0.96% 0.95% 1.39% 1.04% 1.15% 1.08% 1.01%
Announcement Date 26/04/19 27/04/20 27/04/21 02/05/22 02/05/23 07/05/24 - -
1JPY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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