CENTRAL JAPAN RAILWAY COMPANY Financials Central Japan Railway Company Börse Stuttgart
Equities
JAP
JP3566800003
Passenger Transportation, Ground & Sea
|
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 20.08 EUR | +1.41% |
|
-0.05% | -12.56% |
| 04-11 | US, Japan signal support for Texas high-speed rail plan | RE |
| 03-28 | Beijing Outlook, Ex-Dividend Dates Roil Asian Stock Markets | MT |
Valuation
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,400,017 | 3,255,566 | 3,141,898 | 3,111,395 | 3,666,366 | 3,409,543 | - | - |
| Enterprise Value (EV) 1 | 6,986,880 | 7,349,320 | 7,256,158 | 7,229,531 | 7,581,985 | 7,321,042 | 7,111,906 | 7,138,543 |
| P/E ratio | 8.54 x | -16.1 x | -60.5 x | 14.2 x | 9.54 x | 8.9 x | 8.63 x | 8.49 x |
| Yield | 0.87% | 0.79% | 0.81% | 0.85% | 0.78% | 0.87% | 0.92% | 0.92% |
| Capitalization / Revenue | 1.84 x | 3.95 x | 3.36 x | 2.22 x | 2.14 x | 1.93 x | 1.89 x | 1.87 x |
| EV / Revenue | 3.79 x | 8.92 x | 7.76 x | 5.16 x | 4.43 x | 4.15 x | 3.95 x | 3.91 x |
| EV / EBITDA | 8.02 x | 503 x | 34.8 x | 12.4 x | 9.2 x | 8.7 x | 8.28 x | 8.27 x |
| EV / FCF | 53.1 x | -11 x | -89.2 x | 23.2 x | 32.1 x | 24.3 x | 26.2 x | 162 x |
| FCF Yield | 1.88% | -9.07% | -1.12% | 4.32% | 3.12% | 4.11% | 3.82% | 0.62% |
| Price to Book | 0.89 x | 0.89 x | 0.88 x | 0.83 x | 0.88 x | 0.75 x | 0.7 x | 0.65 x |
| Nbr of stocks (in thousands) | 981,529 | 983,555 | 983,996 | 983,996 | 983,995 | 983,995 | - | - |
| Reference price 2 | 3,464 | 3,310 | 3,193 | 3,162 | 3,726 | 3,465 | 3,465 | 3,465 |
| Announcement Date | 4/27/20 | 4/27/21 | 4/26/22 | 4/26/23 | 4/30/24 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,844,647 | 823,517 | 935,139 | 1,400,285 | 1,710,407 | 1,764,295 | 1,799,261 | 1,825,288 |
| EBITDA 1 | 870,680 | 14,611 | 208,747 | 581,542 | 823,787 | 841,529 | 858,512 | 863,295 |
| EBIT 1 | 656,163 | -184,751 | 1,708 | 374,503 | 607,381 | 621,591 | 640,568 | 652,258 |
| Operating Margin | 35.57% | -22.43% | 0.18% | 26.74% | 35.51% | 35.23% | 35.6% | 35.73% |
| Earnings before Tax (EBT) 1 | 573,436 | -268,576 | -66,745 | 306,132 | 545,328 | 553,034 | 569,294 | 580,952 |
| Net income 1 | 397,881 | -201,554 | -51,928 | 219,417 | 384,411 | 386,421 | 396,389 | 403,803 |
| Net margin | 21.57% | -24.47% | -5.55% | 15.67% | 22.47% | 21.9% | 22.03% | 22.12% |
| EPS 2 | 405.6 | -205.1 | -52.77 | 223.0 | 390.7 | 389.1 | 401.4 | 408.0 |
| Free Cash Flow 1 | 131,502 | -666,800 | -81,303 | 312,000 | 236,322 | 300,768 | 271,717 | 44,169 |
| FCF margin | 7.13% | -80.97% | -8.69% | 22.28% | 13.82% | 17.05% | 15.1% | 2.42% |
| FCF Conversion (EBITDA) | 15.1% | - | - | 53.65% | 28.69% | 35.74% | 31.65% | 5.12% |
| FCF Conversion (Net income) | 33.05% | - | - | 142.19% | 61.48% | 77.83% | 68.55% | 10.94% |
| Dividend per Share 2 | 30.00 | 26.00 | 26.00 | 27.00 | 29.00 | 30.00 | 31.80 | 31.86 |
| Announcement Date | 4/27/20 | 4/27/21 | 4/26/22 | 4/26/23 | 4/30/24 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 S1 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 889,036 | 337,888 | 485,629 | 386,949 | 299,440 | 248,750 | 309,342 | 324,797 | 634,139 | 385,012 | 381,134 | 395,091 | 422,454 | 817,545 | 455,472 | 437,390 | 419,478 | 440,838 | 860,000 | 460,422 | 443,388 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 249,290 | -113,573 | -71,178 | -34,103 | 71,276 | -35,465 | 83,540 | 88,386 | 171,926 | 134,443 | 68,134 | 146,518 | 165,574 | 312,092 | 190,505 | 104,784 | 164,661 | 177,827 | 339,000 | 186,927 | 92,654 |
| Operating Margin | 28.04% | -33.61% | -14.66% | -8.81% | 23.8% | -14.26% | 27.01% | 27.21% | 27.11% | 34.92% | 17.88% | 37.08% | 39.19% | 38.17% | 41.83% | 23.96% | 39.25% | 40.34% | 39.42% | 40.6% | 20.9% |
| Earnings before Tax (EBT) 1 | - | -155,606 | - | -65,182 | 52,820 | -54,383 | 66,629 | 69,326 | 135,955 | 118,117 | 52,061 | 129,236 | 148,752 | 277,988 | 176,206 | 91,134 | 144,000 | 161,000 | 305,000 | 175,000 | 82,000 |
| Net income 1 | - | -113,566 | - | -44,455 | 32,129 | -39,602 | 47,001 | 49,948 | 96,949 | 83,711 | 38,757 | 90,549 | 104,530 | 195,079 | 123,691 | 65,641 | 100,500 | 112,500 | 213,000 | 122,000 | 55,000 |
| Net margin | - | -33.61% | - | -11.49% | 10.73% | -15.92% | 15.19% | 15.38% | 15.29% | 21.74% | 10.17% | 22.92% | 24.74% | 23.86% | 27.16% | 15.01% | 23.96% | 25.52% | 24.77% | 26.5% | 12.4% |
| EPS 2 | - | -115.6 | - | -45.18 | 32.65 | -40.25 | 47.77 | 50.76 | 98.53 | 85.07 | 39.39 | 92.02 | 106.2 | 198.2 | 125.7 | 66.70 | 113.2 | 159.6 | - | 64.17 | 57.48 |
| Dividend per Share | - | 13.00 | - | 13.00 | - | 13.00 | - | 13.00 | 13.00 | - | - | - | - | 14.00 | - | - | - | - | - | - | - |
| Announcement Date | 4/27/20 | 10/28/20 | 4/27/21 | 10/27/21 | 1/31/22 | 4/26/22 | 7/27/22 | 10/31/22 | 10/31/22 | 1/30/23 | 4/26/23 | 7/28/23 | 10/30/23 | 10/30/23 | 1/30/24 | 4/30/24 | - | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 3,586,863 | 4,093,754 | 4,114,260 | 4,118,136 | 3,915,619 | 3,911,499 | 3,702,363 | 3,729,000 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.12 x | 280.2 x | 19.71 x | 7.081 x | 4.753 x | 4.648 x | 4.313 x | 4.319 x |
| Free Cash Flow 1 | 131,502 | -666,800 | -81,303 | 312,000 | 236,322 | 300,768 | 271,717 | 44,169 |
| ROE (net income / shareholders' equity) | 10.9% | -5.4% | -1.4% | 6% | 9.7% | 9% | 8.53% | 8.15% |
| ROA (Net income/ Total Assets) | 6.08% | -2.73% | -0.71% | 3.24% | 5.62% | 3.83% | 3.92% | 3.98% |
| Assets 1 | 6,546,874 | 7,384,716 | 7,349,827 | 6,766,553 | 6,837,255 | 10,080,564 | 10,120,564 | 10,158,554 |
| Book Value Per Share 2 | 3,903 | 3,702 | 3,622 | 3,820 | 4,237 | 4,604 | 4,968 | 5,366 |
| Cash Flow per Share 2 | 624.0 | -2.230 | 158.0 | 446.0 | 611.0 | 637.0 | 658.0 | 678.0 |
| Capex 1 | 463,725 | 497,446 | 500,917 | 462,650 | 437,212 | 474,100 | 642,075 | 817,433 |
| Capex / Sales | 25.14% | 60.41% | 53.57% | 33.04% | 25.56% | 26.87% | 35.69% | 44.78% |
| Announcement Date | 4/27/20 | 4/27/21 | 4/26/22 | 4/26/23 | 4/30/24 | - | - | - |
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
Sell
Buy
Mean consensus
HOLD
Number of Analysts
11
Last Close Price
3,465
JPY
Average target price
3,964
JPY
Spread / Average Target
+14.39%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +13.15% | 9.65B | |
| +0.26% | 8.78B | |
| -0.17% | 6.47B | |
| -5.28% | 6.36B | |
| -23.20% | 5.2B | |
| +11.50% | 4.08B | |
| -22.58% | 4.07B | |
| -28.24% | 3.47B | |
| -29.66% | 3.43B |
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- Financials Central Japan Railway Company
