MURATA MANUFACTURING CO., LTD. Financials Murata Manufacturing Co., Ltd. OTC Markets
Equities
MRAAY
US6264251025
Electronic Equipment & Parts
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 11.93 USD | +5.72% |
|
+7.28% | +13.03% |
| 07-15 | Jefferies Adjusts Murata Manufacturing's Price Target to 5,500 Yen From 3,400 Yen, Keeps at Buy | MT |
| 07-04 | Correction: Murata Manufacturing Repurchase 20 Billion Yen Worth of Shares in June | MT |
Valuation
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,500,967 | 5,657,255 | 5,193,519 | 5,062,979 | 5,335,197 | 7,069,591 | - | - |
| Enterprise Value (EV) 1 | 3,325,778 | 5,317,181 | 4,736,057 | 4,720,726 | 4,819,130 | 6,425,938 | 6,267,616 | 6,106,592 |
| P/E ratio | 19.1 x | 23.9 x | 16.5 x | 20 x | 29.5 x | 26.9 x | 22.4 x | 19.8 x |
| Yield | 1.77% | 1.3% | 1.6% | 1.87% | 1.84% | 1.46% | 1.63% | 1.72% |
| Capitalization / Revenue | 2.28 x | 3.47 x | 2.87 x | 3 x | 3.25 x | 4.02 x | 3.71 x | 3.5 x |
| EV / Revenue | 2.17 x | 3.26 x | 2.61 x | 2.8 x | 2.94 x | 3.65 x | 3.29 x | 3.02 x |
| EV / EBITDA | 8.45 x | 11.7 x | 8.17 x | 10.3 x | 12.3 x | 12.4 x | 10.4 x | 9.28 x |
| EV / FCF | 48.4 x | 30.1 x | 22.6 x | - | 17.8 x | 25.8 x | 22.8 x | 18.4 x |
| FCF Yield | 2.07% | 3.33% | 4.42% | - | 5.6% | 3.87% | 4.38% | 5.42% |
| Price to Book | 2.07 x | 2.95 x | 2.29 x | 2.11 x | 2.09 x | 2.63 x | 2.45 x | 2.27 x |
| Nbr of stocks (in thousands) | 1,919,390 | 1,919,449 | 1,919,497 | 1,889,171 | 1,889,234 | 1,872,739 | - | - |
| Reference price 2 | 1,824 | 2,947 | 2,706 | 2,680 | 2,824 | 3,775 | 3,775 | 3,775 |
| Announcement Date | 20-04-30 | 21-04-28 | 22-04-28 | 23-04-28 | 24-04-26 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,534,045 | 1,630,193 | 1,812,521 | 1,686,796 | 1,640,158 | 1,759,252 | 1,904,652 | 2,022,733 |
| EBITDA 1 | 393,514 | 456,314 | 579,643 | 459,163 | 391,320 | 520,192 | 602,008 | 658,121 |
| EBIT 1 | 253,247 | 313,240 | 424,060 | 297,887 | 215,447 | 341,322 | 412,456 | 466,086 |
| Operating Margin | 16.51% | 19.21% | 23.4% | 17.66% | 13.14% | 19.4% | 21.66% | 23.04% |
| Earnings before Tax (EBT) 1 | 254,032 | 316,417 | 432,702 | 314,895 | 239,404 | 353,275 | 428,766 | 477,963 |
| Net income 1 | 183,012 | 237,057 | 314,124 | 253,690 | 180,838 | 264,820 | 318,643 | 358,661 |
| Net margin | 11.93% | 14.54% | 17.33% | 15.04% | 11.03% | 15.05% | 16.73% | 17.73% |
| EPS 2 | 95.35 | 123.5 | 163.6 | 133.8 | 95.72 | 140.2 | 168.7 | 191.1 |
| Free Cash Flow 1 | 68,735 | 176,911 | 209,158 | - | 270,106 | 248,818 | 274,640 | 331,001 |
| FCF margin | 4.48% | 10.85% | 11.54% | - | 16.47% | 14.14% | 14.42% | 16.36% |
| FCF Conversion (EBITDA) | 17.47% | 38.77% | 36.08% | - | 69.02% | 47.83% | 45.62% | 50.29% |
| FCF Conversion (Net income) | 37.56% | 74.63% | 66.58% | - | 149.36% | 93.96% | 86.19% | 92.29% |
| Dividend per Share 2 | 32.33 | 38.33 | 43.33 | 50.00 | 52.00 | 55.12 | 61.38 | 65.08 |
| Announcement Date | 20-04-30 | 21-04-28 | 22-04-28 | 23-04-28 | 24-04-26 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: Marzo | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2024 S2 | 2025 Q1 | 2025 Q2 | 2025 S1 | 2025 Q3 | 2025 Q4 | 2025 S2 | 2026 Q1 | 2026 S1 | 2026 S2 | 2027 S1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 773,107 | 752,005 | 878,188 | 908,074 | 471,387 | 433,060 | 904,447 | 436,657 | 483,567 | 920,224 | 418,978 | 347,594 | 766,572 | 367,694 | 442,656 | 810,350 | 439,394 | 390,414 | 829,808 | 405,825 | 473,271 | 880,783 | 481,256 | 425,601 | 936,426 | 446,219 | 981,134 | 1,021,348 | 1,112,715 |
| EBITDA 1 | - | - | 254,952 | - | - | - | - | - | - | - | - | - | - | - | 131,725 | - | 122,305 | 45,115 | - | 115,403 | 151,411 | - | 151,918 | 117,090 | - | 147,391 | - | - | - |
| EBIT 1 | 131,854 | 131,518 | 181,722 | 222,109 | 113,919 | 88,032 | 201,951 | 88,613 | 106,361 | 194,974 | 77,285 | 25,628 | 102,913 | 50,111 | 88,811 | 138,922 | 76,197 | 328 | 76,525 | 71,360 | 104,033 | 177,910 | 106,523 | 75,942 | 198,934 | 92,544 | 235,190 | 270,817 | 344,980 |
| Operating Margin | 17.06% | 17.49% | 20.69% | 24.46% | 24.17% | 20.33% | 22.33% | 20.29% | 22% | 21.19% | 18.45% | 7.37% | 13.43% | 13.63% | 20.06% | 17.14% | 17.34% | 0.08% | 9.22% | 17.58% | 21.98% | 20.2% | 22.13% | 17.84% | 21.24% | 20.74% | 23.97% | 26.52% | 31% |
| Earnings before Tax (EBT) 1 | 129,213 | 133,154 | 183,263 | 227,853 | 115,014 | 89,835 | 204,849 | 101,204 | 111,958 | 213,162 | 66,692 | 35,041 | 101,733 | 62,768 | 98,456 | 161,224 | 64,210 | 13,970 | 78,180 | 78,614 | 108,288 | 183,414 | 111,203 | 82,977 | 205,417 | 97,046 | 253,381 | 311,963 | 347,980 |
| Net income 1 | 92,283 | 99,860 | 137,197 | 167,788 | 82,646 | 63,690 | 146,336 | 75,201 | 85,155 | 160,356 | 51,467 | 41,867 | 93,334 | 50,098 | 75,055 | 125,153 | 49,358 | 6,327 | 55,685 | 59,426 | 83,669 | 140,243 | 83,166 | 61,131 | 160,326 | 74,442 | 197,737 | 243,431 | 271,524 |
| Net margin | 11.94% | 13.28% | 15.62% | 18.48% | 17.53% | 14.71% | 16.18% | 17.22% | 17.61% | 17.43% | 12.28% | 12.04% | 12.18% | 13.62% | 16.96% | 15.44% | 11.23% | 1.62% | 6.71% | 14.64% | 17.68% | 15.92% | 17.28% | 14.36% | 17.12% | 16.68% | 20.15% | 23.83% | 24.4% |
| EPS 2 | - | 52.03 | 71.48 | 87.41 | 43.06 | 33.18 | - | 39.34 | 44.92 | 84.24 | 27.32 | 22.22 | 49.54 | 26.52 | 39.73 | 66.25 | 26.13 | 3.340 | 29.47 | 31.17 | 42.27 | 77.80 | 46.38 | 32.25 | 86.90 | 43.90 | 107.2 | 131.9 | 147.1 |
| Dividend per Share 2 | - | 18.33 | - | 20.00 | - | 23.33 | 23.33 | - | 25.00 | 25.00 | - | 25.00 | - | - | 25.00 | 25.00 | - | 27.00 | - | - | 29.00 | 27.00 | - | 29.00 | 29.00 | - | 29.00 | 31.00 | 31.00 |
| Announcement Date | 20-04-30 | 20-10-30 | 21-04-28 | 21-10-29 | 22-02-01 | 22-04-28 | 22-04-28 | 22-07-28 | 22-10-31 | 22-10-31 | 23-02-02 | 23-04-28 | 23-04-28 | 23-07-31 | 23-10-31 | 23-10-31 | 24-02-02 | 24-04-26 | 24-04-26 | - | - | - | - | - | - | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: Marzo | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 175,189 | 340,074 | 457,462 | 342,253 | 516,067 | 643,654 | 801,975 | 963,000 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 68,735 | 176,911 | 209,158 | - | 270,106 | 248,818 | 274,640 | 331,001 |
| ROE (net income / shareholders' equity) | 11.1% | 13.1% | 15% | 10.9% | 7.4% | 10.1% | 11.4% | 11.9% |
| ROA (Net income/ Total Assets) | 11.8% | 13.4% | 16.4% | 11.1% | 8.1% | 8.76% | 10.3% | 10.8% |
| Assets 1 | 1,548,607 | 1,765,280 | 1,913,422 | 2,288,778 | 2,232,358 | 3,023,062 | 3,105,680 | 3,333,281 |
| Book Value Per Share 2 | 883.0 | 1,001 | 1,179 | 1,272 | 1,353 | 1,435 | 1,541 | 1,666 |
| Cash Flow per Share 2 | 168.0 | 198.0 | 245.0 | 219.0 | 259.0 | 232.0 | 268.0 | 291.0 |
| Capex 1 | 281,599 | 196,660 | 152,786 | 208,111 | 219,531 | 190,625 | 201,300 | 205,400 |
| Capex / Sales | 18.36% | 12.06% | 8.43% | 12.34% | 13.38% | 10.84% | 10.57% | 10.15% |
| Announcement Date | 20-04-30 | 21-04-28 | 22-04-28 | 23-04-28 | 24-04-26 | - | - | - |
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
BUY
Number of Analysts
17
Last Close Price
3,775
JPY
Average target price
3,768
JPY
Spread / Average Target
-0.18%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +103.83% | 92.04B | |
| +42.06% | 83.74B | |
| +25.31% | 40.7B | |
| +54.85% | 13.3B | |
| -7.32% | 13.08B | |
| +84.88% | 12.11B | |
| +131.12% | 10.98B | |
| -3.69% | 10.45B | |
| -8.18% | 10.36B |
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- Financials Murata Manufacturing Co., Ltd.
