Projected Income Statement: Lasertec Corporation

Forecast Balance Sheet: Lasertec Corporation

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -27,918 -13,495 -24,773 -38,152 -86,087 -91,503 -127,992 -179,963
Change - 51.66% -83.57% -54.01% -125.64% -6.29% 6.72% -40.6%
Announcement Date 8/6/21 8/5/22 8/7/23 8/7/24 8/7/25 8/6/26 - -
1JPY in Million
Estimates

Cash Flow Forecast: Lasertec Corporation

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 3,639 5,420 20,545 3,532 2,113 1,492 5,836 4,592
Change - 48.95% 279.06% -82.81% -40.18% -29.39% 116.92% -21.31%
Free Cash Flow (FCF) 1 6,785 -8,852 20,003 29,746 75,454 46,657 - 88,805
Change - -230.47% 325.97% 48.71% 153.66% -38.16% -100% -
Announcement Date 8/6/21 8/5/22 8/7/23 8/7/24 8/7/25 8/6/26 - -
1JPY in Million
Estimates

Forecast Financial Ratios: Lasertec Corporation

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 39.46% 39.81% 43.04% 40.33% 50.71% 47.7% 48.48% 48.86%
EBIT Margin (%) 37.12% 35.95% 40.76% 38.11% 48.85% 45.67% 46.47% 48.51%
EBT Margin (%) 37.64% 37.16% 41.66% 38.42% 47.5% 46.81% 46.4% 49.16%
Net margin (%) 27.4% 27.5% 30.21% 27.67% 33.66% 33.62% 33.65% 35.13%
FCF margin (%) 9.66% -9.79% 13.09% 13.93% 30% 20.24% - 23.55%
FCF / Net Income (%) 35.25% -35.62% 43.33% 50.35% 89.13% 60.21% - 67.04%

Profitability

        
ROA 26.37% 22.59% 28.28% 30.22% 39.76% 32.39% 29.29% 30.4%
ROE 40.8% 38.9% 50.8% 45.4% 46.9% 33.9% 33.86% 35.39%

Financial Health

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

Capital Intensity

        
CAPEX / Current Assets (%) 5.18% 6% 13.44% 1.65% 0.84% 0.65% 1.98% 1.22%
CAPEX / EBITDA (%) 13.13% 15.07% 31.24% 4.1% 1.66% 1.36% 4.08% 2.49%
CAPEX / FCF (%) 53.63% -61.23% 102.71% 11.87% 2.8% 3.2% - 5.17%

Items per share

        
Cash flow per share 1 231.7 314.2 550.6 707.4 990.4 915 1,075 999
Change - 35.61% 75.23% 28.5% 40% -7.61% 43.18% -7.09%
Dividend per Share 1 75 97 180 230 329 329 364.4 497.1
Change - 29.33% 85.57% 27.78% 43.04% 0% 12.54% 36.42%
Book Value Per Share 1 611.8 806.4 1,210 1,678 2,327 2,754 3,554 4,501
Change - 31.82% 50.04% 38.64% 38.72% 18.34% 27.78% 26.64%
EPS 1 213.5 275.6 511.9 655 938.6 863 1,115 1,476
Change - 29.09% 85.76% 27.97% 43.29% -8.06% 29.7% 32.36%
Nbr of stocks (in thousands) 90,178 90,181 90,184 90,187 90,190 89,631 89,631 89,631
Announcement Date 8/6/21 8/5/22 8/7/23 8/7/24 8/7/25 8/6/26 - -
1JPY
Estimates
2026 2027 *
P/E 57.6x 31.6x
PBR 18x 9.93x
EV / Sales 18.9x 10.3x
Yield 0.66% 1.03%

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
35,280.00JPY
Average target price
49,131.25JPY
Spread / Average Target
+39.26%

Quarterly revenue - Rate of surprise

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