Financials Seika Corporation

Equities

8061

JP3414200000

Industrial Machinery & Equipment

Delayed Japan Exchange 01:51:57 2024-05-21 EDT 5-day change 1st Jan Change
3,900 JPY 0.00% Intraday chart for Seika Corporation +6.70% +32.11%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 33,126 17,164 13,293 18,985 19,129 24,748
Enterprise Value (EV) 1 26,630 12,896 7,148 10,773 7,289 16,135
P/E ratio 20.8 x 10.8 x -10.8 x 6.98 x 8.59 x 4.95 x
Yield 1.69% 3.32% 4.15% 2.91% 4.07% 4.38%
Capitalization / Revenue 0.2 x 0.11 x 0.09 x 0.14 x 0.22 x 0.27 x
EV / Revenue 0.16 x 0.08 x 0.05 x 0.08 x 0.09 x 0.17 x
EV / EBITDA 8.1 x 4.67 x 2 x 3.38 x 1.65 x 3.09 x
EV / FCF 33.1 x -15.2 x 1.88 x 5.13 x 2.06 x -4.22 x
FCF Yield 3.02% -6.6% 53.3% 19.5% 48.4% -23.7%
Price to Book 1.18 x 0.6 x 0.52 x 0.65 x 0.63 x 0.7 x
Nbr of stocks (in thousands) 12,435 12,658 12,263 12,280 11,963 12,049
Reference price 2 2,664 1,356 1,084 1,546 1,599 2,054
Announcement Date 6/27/18 6/26/19 6/25/20 6/25/21 6/29/22 6/28/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 165,585 157,145 140,677 136,273 85,307 93,311
EBITDA 1 3,288 2,764 3,575 3,186 4,408 5,226
EBIT 1 2,599 2,119 2,810 2,582 3,825 4,637
Operating Margin 1.57% 1.35% 2% 1.89% 4.48% 4.97%
Earnings before Tax (EBT) 1 3,198 2,588 -234 2,830 4,049 6,997
Net income 1 1,655 1,587 -1,262 2,721 2,246 5,001
Net margin 1% 1.01% -0.9% 2% 2.63% 5.36%
EPS 2 128.0 125.3 -100.7 221.5 186.2 414.8
Free Cash Flow 1 804 -850.8 3,810 2,098 3,531 -3,823
FCF margin 0.49% -0.54% 2.71% 1.54% 4.14% -4.1%
FCF Conversion (EBITDA) 24.45% - 106.58% 65.86% 80.1% -
FCF Conversion (Net income) 48.58% - - 77.12% 157.21% -
Dividend per Share 2 45.00 45.00 45.00 45.00 65.00 90.00
Announcement Date 6/27/18 6/26/19 6/25/20 6/25/21 6/29/22 6/28/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 62,651 70,935 40,452 20,803 20,597 40,452 23,069 19,053 40,043 20,587
EBITDA - - - - - - - - - -
EBIT 1 860 953 1,304 1,053 854 1,444 1,170 944 2,051 1,400
Operating Margin 1.37% 1.34% 3.22% 5.06% 4.15% 3.57% 5.07% 4.95% 5.12% 6.8%
Earnings before Tax (EBT) 1 1,022 1,104 1,334 1,088 808 1,587 1,478 1,098 2,274 1,556
Net income 1 471 530 698 487 439 844 951 620 1,465 1,036
Net margin 0.75% 0.75% 1.73% 2.34% 2.13% 2.09% 4.12% 3.25% 3.66% 5.03%
EPS 2 37.35 43.28 57.87 40.58 36.64 70.31 79.04 51.45 121.6 85.97
Dividend per Share 20.00 20.00 25.00 - - 35.00 - - 60.00 -
Announcement Date 11/7/19 11/6/20 11/5/21 2/9/22 8/5/22 11/8/22 2/10/23 8/10/23 11/10/23 2/8/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 6,496 4,268 6,145 8,212 11,840 8,613
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 804 -851 3,810 2,098 3,531 -3,823
ROE (net income / shareholders' equity) 5.71% 5.5% -4.66% 10% 7.65% 15.2%
ROA (Net income/ Total Assets) 1.5% 1.44% 1.97% 1.7% 2.36% 3.14%
Assets 1 110,407 110,377 -64,103 160,295 95,045 159,496
Book Value Per Share 2 2,255 2,258 2,074 2,386 2,540 2,925
Cash Flow per Share 2 1,199 1,024 1,228 1,285 1,449 885.0
Capex 1 518 384 392 511 370 2,356
Capex / Sales 0.31% 0.24% 0.28% 0.37% 0.43% 2.52%
Announcement Date 6/27/18 6/26/19 6/25/20 6/25/21 6/29/22 6/28/23
1JPY in Million2JPY
Estimates
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