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 -137,206 -173,109 -219,082
Change - 51.66% -83.57% -54.01% -125.64% -59.38% -26.17% -26.56%
Announcement Date 8/6/21 8/5/22 8/7/23 8/7/24 8/7/25 - - -
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 2,690 4,270 4,353
Change - 48.95% 279.06% -82.81% -40.18% 27.32% 58.72% 1.93%
Free Cash Flow (FCF) 1 6,785 -8,852 20,003 29,746 75,454 79,773 72,324 85,966
Change - -230.47% 325.97% 48.71% 153.66% 5.72% -9.34% 18.86%
Announcement Date 8/6/21 8/5/22 8/7/23 8/7/24 8/7/25 - - -
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% 48.23% 49.61% 49.29%
EBIT Margin (%) 37.12% 35.95% 40.76% 38.11% 48.85% 46.32% 47.79% 49.1%
EBT Margin (%) 37.64% 37.16% 41.66% 38.42% 47.5% 47.7% 46.35% 49.85%
Net margin (%) 27.4% 27.5% 30.21% 27.67% 33.66% 33.72% 34.48% 35.39%
FCF margin (%) 9.66% -9.79% 13.09% 13.93% 30% 34.86% 25.48% 24.13%
FCF / Net Income (%) 35.25% -35.62% 43.33% 50.35% 89.13% 103.36% 73.91% 68.19%

Profitability

        
ROA 26.37% 22.59% 28.28% 30.22% 39.76% 25.57% 27.98% 29.57%
ROE 40.8% 38.9% 50.8% 45.4% 46.9% 33.74% 34.33% 34.79%

Financial Health

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

Capital Intensity

        
CAPEX / Current Assets (%) 5.18% 6% 13.44% 1.65% 0.84% 1.18% 1.5% 1.22%
CAPEX / EBITDA (%) 13.13% 15.07% 31.24% 4.1% 1.66% 2.44% 3.03% 2.48%
CAPEX / FCF (%) 53.63% -61.23% 102.71% 11.87% 2.8% 3.37% 5.9% 5.06%

Items per share

        
Cash flow per share 1 231.7 314.2 550.6 707.4 990.4 750.9 841.8 1,100
Change - 35.61% 75.23% 28.5% 40% -24.18% 12.1% 30.69%
Dividend per Share 1 75 97 180 230 329 323.8 376.3 478.3
Change - 29.33% 85.57% 27.78% 43.04% -1.59% 16.24% 27.1%
Book Value Per Share 1 611.8 806.4 1,210 1,678 2,327 2,782 3,532 4,504
Change - 31.82% 50.04% 38.64% 38.72% 19.54% 26.99% 27.5%
EPS 1 213.5 275.6 511.9 655 938.6 858.2 1,090 1,403
Change - 29.09% 85.76% 27.97% 43.29% -8.56% 26.95% 28.78%
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 - - -
1JPY
Estimates
2026 *2027 *
P/E 39.2x 30.9x
PBR 12.1x 9.52x
EV / Sales 12.6x 10x
Yield 0.96% 1.12%

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
33,620.00JPY
Average target price
49,125.00JPY
Spread / Average Target
+46.12%

Quarterly revenue - Rate of surprise

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  4. Financials Lasertec Corporation