Projected Income Statement: Azbil Corporation

Forecast Balance Sheet: Azbil Corporation

Forecast Balance Sheet - Azbil Corporation
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Net Debt 1 -81,408 -71,232 -70,526 -89,413 -90,367 -75,459 -130,208 -148,765
Change - 12.5% 0.99% -26.78% -1.07% 16.5% -72.55% -14.25%
Announcement Date 5/13/22 5/12/23 5/13/24 5/13/25 5/13/26 - - -
1JPY in Million
Estimates

Cash Flow Forecast: Azbil Corporation

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
CAPEX 1 11,244 10,844 8,652 9,839 7,962 11,233 7,700 7,900
Change - -3.56% -20.21% 13.72% -19.08% 41.09% -31.45% 2.6%
Free Cash Flow (FCF) 1 6,130 11,141 25,180 45,985 44,504 29,706 36,316 36,124
Change - 81.75% 126.01% 82.63% -3.22% -33.25% 22.25% -0.53%
Announcement Date 5/13/22 5/12/23 5/13/24 5/13/25 5/13/26 - - -
1JPY in Million
Estimates

Forecast Financial Ratios: Azbil Corporation

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029

Profitability

        
EBITDA Margin (%) 12.89% 13% 14.74% 16.05% 18.19% 22.67% 24.47% 25.19%
EBIT Margin (%) 11% 11.22% 12.66% 13.81% 15.82% 14.98% 15.99% 16.54%
EBT Margin (%) 11.71% 11.54% 14.4% 17.69% 16.98% 16.22% 16.42% 16.95%
Net margin (%) 8.1% 8.12% 10.38% 13.63% 12.9% 11.53% 12.08% 12.48%
FCF margin (%) 2.39% 4% 8.65% 15.31% 14.89% 9.41% 11.83% 11.47%
FCF / Net Income (%) 29.49% 49.29% 83.36% 112.28% 115.4% 81.58% 97.89% 91.92%

Profitability

        
ROA 10.46% 11.14% 12.77% 13.41% 15.07% 13.93% 10.4% 10.4%
ROE 10.4% 11.2% 14.2% 17.9% 15.7% 14.78% 13.5% 13.3%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 4.38% 3.9% 2.97% 3.28% 2.66% 3.56% 2.51% 2.51%
CAPEX / EBITDA (%) 33.99% 29.95% 20.17% 20.41% 14.65% 15.69% 13.7% 13.32%
CAPEX / FCF (%) 183.43% 97.33% 34.36% 21.4% 17.89% 37.82% 21.2% 21.87%

Items per share

        
Cash flow per share 1 46.49 51.28 68.52 90.74 89.63 97.3 102.9 110.9
Change - 10.32% 33.61% 32.43% -1.22% 8.56% 5.76% 7.77%
Dividend per Share 1 15 16.5 19 24 32 50 32 35
Change - 10% 15.15% 26.32% 33.33% 56.25% -36% 9.38%
Book Value Per Share 1 364.8 379.5 420.1 459 497.7 490.4 567.5 610.8
Change - 4.04% 10.7% 9.26% 8.43% -1.47% 15.73% 7.63%
EPS 1 37.7 42.07 57.1 77.96 75.76 73.65 73.9 78.3
Change - 11.59% 35.73% 36.54% -2.82% -2.79% 0.34% 5.95%
Nbr of stocks (in thousands) 549,119 534,083 527,002 516,232 507,743 498,073 498,073 498,073
Announcement Date 5/13/22 5/12/23 5/13/24 5/13/25 5/13/26 - - -
1JPY
Estimates
2027 *2028 *
P/E 20.3x 19.3x
PBR 3.06x 3.04x
EV / Sales 2.12x 1.87x
Yield 3.34% 2.14%

EPS & Dividend

EPS & Dividend - Azbil Corporation


Y-o-Y evolution of P/E

Valuation ratios - P/E - Azbil Corporation
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Azbil Corporation
Trader
Investor
Global
Quality
ESG MSCI
AAA
MarketScreener Ratings - Azbil Corporation
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
1,498.50JPY
Average target price
1,720.00JPY
Spread / Average Target
+14.78%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Azbil Corporation
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