Financials Rorze Corporation

Equities

6323

JP3982200002

Semiconductor Equipment & Testing

Market Closed - Japan Exchange 02:00:00 2024-04-26 EDT 5-day change 1st Jan Change
26,740 JPY +2.22% Intraday chart for Rorze Corporation +3.60% +77.56%

Valuation

Fiscal Period: February 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 28,013 57,202 127,019 184,910 183,009 470,766 - -
Enterprise Value (EV) 1 33,317 62,055 126,962 182,164 187,540 370,729 449,891 429,273
P/E ratio 6.37 x 10.5 x 19.6 x 14.4 x 8.56 x 18.9 x 20.1 x 19.7 x
Yield 1.54% 0.91% 0.41% 0.61% 1.27% 0.64% 0.6% 0.64%
Capitalization / Revenue 0.89 x 1.54 x 2.5 x 2.76 x 1.94 x 3.98 x 3.83 x 3.92 x
EV / Revenue 1.06 x 1.67 x 2.5 x 2.72 x 1.98 x 3.98 x 3.66 x 3.58 x
EV / EBITDA - - 12 x 10.5 x 6.6 x 13.9 x 12.6 x 11.6 x
EV / FCF -5.55 x 163 x 21.1 x 86.8 x -29.2 x 26.6 x 38.1 x 29.2 x
FCF Yield -18% 0.61% 4.73% 1.15% -3.43% 3.76% 2.62% 3.42%
Price to Book 1.36 x 2.26 x 4.12 x 4.08 x 2.68 x 4.02 x 4.18 x 3.81 x
Nbr of stocks (in thousands) 17,281 17,281 17,281 17,281 17,281 17,605 - -
Reference price 2 1,621 3,310 7,350 10,700 10,590 26,740 26,740 26,740
Announcement Date 19-04-10 20-04-10 21-04-12 22-04-11 23-04-11 24-04-11 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 31,368 37,103 50,803 67,004 94,518 93,247 123,011 120,055
EBITDA 1 - - 10,604 17,331 28,398 26,582 35,592 37,129
EBIT 1 5,812 7,743 9,314 15,809 26,418 24,138 32,529 33,359
Operating Margin 18.53% 20.87% 18.33% 23.59% 27.95% 25.89% 26.44% 27.79%
Earnings before Tax (EBT) 1 5,817 7,504 8,943 18,485 30,352 27,066 33,293 34,395
Net income 1 4,397 5,470 6,470 12,824 21,384 19,576 23,510 23,888
Net margin 14.02% 14.74% 12.74% 19.14% 22.62% 20.99% 19.11% 19.9%
EPS 2 254.5 316.6 374.4 742.1 1,237 1,111 1,333 1,355
Free Cash Flow 1 -6,006 380 6,003 2,100 -6,430 13,948 11,800 14,700
FCF margin -19.15% 1.02% 11.82% 3.13% -6.8% 14.96% 9.59% 12.24%
FCF Conversion (EBITDA) - - 56.61% 12.12% - 52.47% 33.15% 39.59%
FCF Conversion (Net income) - 6.95% 92.78% 16.37% - 71.25% 50.19% 61.54%
Dividend per Share 2 25.00 30.00 30.00 65.00 135.0 135.0 160.0 170.0
Announcement Date 19-04-10 20-04-10 21-04-12 22-04-11 23-04-11 24-04-11 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: February 2020 S1 2020 S2 2021 S1 2021 S2 2022 Q2 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 S1 2026 S2
Net sales 1 17,587 19,516 24,719 26,084 15,057 29,499 17,092 20,413 37,505 21,688 24,065 45,753 25,629 23,136 48,765 16,693 24,299 40,992 24,170 28,085 52,255 20,000 24,000 44,000 26,000 28,000 54,000 50,000 58,000
EBITDA - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
EBIT 1 4,414 3,329 4,747 4,567 3,833 6,681 4,093 5,035 9,128 5,029 5,903 10,932 6,807 8,679 15,486 4,718 5,234 9,952 5,811 8,375 14,186 5,800 6,600 12,400 7,400 8,200 15,600 14,800 17,200
Operating Margin 25.1% 17.06% 19.2% 17.51% 25.46% 22.65% 23.95% 24.67% 24.34% 23.19% 24.53% 23.89% 26.56% 37.51% 31.76% 28.26% 21.54% 24.28% 24.04% 29.82% 27.15% 29% 27.5% 28.18% 28.46% 29.29% 28.89% 29.6% 29.66%
Earnings before Tax (EBT) 1 4,199 3,305 4,496 4,447 4,601 8,158 4,659 5,668 10,327 7,181 - 16,907 9,751 3,694 13,445 5,208 8,664 13,874 7,447 5,745 13,192 5,800 6,600 12,400 7,400 8,200 15,600 14,800 17,200
Net income 1 2,932 2,538 3,290 3,180 2,802 5,498 3,217 4,109 7,326 5,126 7,240 12,366 7,300 1,718 9,018 3,557 6,278 9,835 5,652 4,089 9,741 3,931 4,507 8,438 5,083 5,659 10,742 10,096 11,824
Net margin 16.67% 13% 13.31% 12.19% 18.61% 18.64% 18.82% 20.13% 19.53% 23.64% 30.09% 27.03% 28.48% 7.43% 18.49% 21.31% 25.84% 23.99% 23.38% 14.56% 18.64% 19.66% 18.78% 19.18% 19.55% 20.21% 19.89% 20.19% 20.39%
EPS 2 169.7 - 190.4 184.0 162.2 318.2 186.1 237.8 423.9 296.6 419.0 715.6 422.4 99.37 521.8 201.9 356.3 558.2 320.8 232.1 552.9 - - - - - - 573.0 671.0
Dividend per Share 2 - - - 30.00 - - - 65.00 65.00 - - - - 135.0 135.0 - - - - 200.0 200.0 - - - - 240.0 240.0 - 280.0
Announcement Date 19-10-10 20-04-10 20-10-09 21-04-12 21-10-11 21-10-11 22-01-12 22-04-11 22-04-11 22-07-11 22-10-11 22-10-11 23-01-11 23-04-11 23-04-11 23-07-11 23-10-11 23-10-11 24-01-11 24-04-11 24-04-11 - - - - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: February 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 5,304 4,853 - - 4,531 - - -
Net Cash position 1 - - 57 2,746 - 3,253 20,875 41,493
Leverage (Debt/EBITDA) - - - - 0.1596 x - - -
Free Cash Flow 1 -6,006 380 6,003 2,100 -6,430 13,948 11,800 14,700
ROE (net income / shareholders' equity) 23.4% 23.9% 23% 33.7% 37.7% 24.4% 22.9% 21.2%
ROA (Net income/ Total Assets) 14.7% 14.7% - 24.1% 28.3% 19.2% 19.9% 19.5%
Assets 1 29,944 37,210 - 53,195 75,677 102,167 118,394 122,633
Book Value Per Share 2 1,191 1,464 1,785 2,624 3,948 5,233 6,396 7,011
Cash Flow per Share 2 290.0 372.0 449.0 830.0 1,352 1,256 1,526 1,683
Capex 1 4,512 6,279 2,154 2,658 4,715 1,596 3,100 3,150
Capex / Sales 14.38% 16.92% 4.24% 3.97% 4.99% 1.71% 2.52% 2.62%
Announcement Date 19-04-10 20-04-10 21-04-12 22-04-11 23-04-11 24-04-11 - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
26,740 JPY
Average target price
24,150 JPY
Spread / Average Target
-9.69%
Consensus
  1. Stock Market
  2. Equities
  3. 6323 Stock
  4. Financials Rorze Corporation