Financials Stanley Electric Co., Ltd.

Equities

6923

JP3399400005

Auto, Truck & Motorcycle Parts

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-09-13 EDT			5-day change	1st Jan Change
2,741.50 ^JPY	-2.19%		-1.12%	+3.34%

09-04	Stanley Electric's Profit Soars 148% in Fiscal Q1	MT
09-04	Stanley Electric Co., Ltd. Provides Consolidated Earnings Forecasts for the First Half and Full Year Ending March 31, 2025	CI

Projected Income Statement: Stanley Electric Co., Ltd.

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	391,622	359,710	382,561	437,790	472,397	514,138	550,450	578,660
Change	-	-8.15%	6.35%	14.44%	7.9%	8.84%	7.06%	5.12%
EBITDA ¹	56,457	69,328	64,060	76,539	72,878	94,812	105,210	113,622
Change	-	22.8%	-7.6%	19.48%	-4.78%	30.1%	10.97%	8%
EBIT ¹	24,833	35,903	27,743	34,926	35,834	51,955	59,166	65,341
Change	-	44.58%	-22.73%	25.89%	2.6%	44.99%	13.88%	10.44%
Interest Paid ¹	-247	-97	-90	-181	-176	-127	-	-
Earnings before Tax (EBT) ¹	28,624	37,663	35,774	44,889	43,018	58,411	65,986	71,986
Change	-	31.58%	-5.02%	25.48%	-4.17%	35.78%	12.97%	9.09%
Net income ¹	18,550	22,918	21,445	26,496	26,497	34,775	38,950	43,319
Change	-	23.55%	-6.43%	23.55%	0%	31.24%	12.01%	11.22%
Announcement Date	4/27/20	4/26/21	4/28/22	4/27/23	4/26/24	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	103,262	101,205	97,717	89,438	59,854	95,957	103,005	100,894	94,397	84,712	100,754	102,698	93,058	120,038	109,555	115,139	111,726	114,437	129,235	116,999	121,441	125,125	137,650	130,850
Change	-	-1.99%	-3.45%	-8.47%	-33.08%	60.32%	7.34%	-2.05%	-6.44%	-10.26%	18.94%	1.93%	-9.39%	28.99%	-8.73%	5.1%	-2.96%	2.43%	12.93%	-9.47%	3.8%	2.81%	10.01%	-4.94%
EBITDA	-	-	-	739	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-100%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	12,976	8,649	10,112	-6,904	-450	9,109	14,503	12,741	8,356	4,621	8,426	6,340	2,838	11,787	6,540	13,761	3,664	10,413	13,337	8,420	9,535	12,050	14,625	14,775
Change	-	-33.35%	16.92%	-	-93.48%	-	59.22%	-12.15%	-34.42%	-44.7%	82.34%	-24.76%	-55.24%	315.33%	-44.52%	110.41%	-73.37%	184.2%	28.08%	-36.87%	13.24%	25.78%	21.37%	1.03%
Charge d'intérêts	-76	-69	-62	-40	-24	-47	-2	-24	-23	-24	-25	-18	-41	-34	-78	-28	-27	-48	-66	-	-88	-	-	-
Earnings before Tax (EBT) ¹	14,201	9,340	11,292	-6,209	-736	9,164	16,003	13,232	9,758	5,562	10,063	10,391	5,041	14,350	6,961	18,537	5,885	10,241	10,520	16,372	11,828	11,000	15,000	15,000
Change	-	-34.23%	20.9%	-	-88.15%	-	74.63%	-17.32%	-26.25%	-43%	80.92%	3.26%	-51.49%	184.67%	-51.49%	166.3%	-68.25%	74.02%	2.72%	55.63%	-27.75%	37.5%	36.36%	0%
Net income ¹	9,406	6,263	7,301	-4,420	-1,295	5,065	10,085	9,063	6,056	3,278	5,484	6,627	2,573	7,729	3,757	12,437	2,347	5,668	5,806	12,676	5,824	7,688	9,262	9,962
Change	-	-33.41%	16.57%	-	-70.7%	-	99.11%	-10.13%	-33.18%	-45.87%	67.3%	20.84%	-61.17%	200.39%	-51.39%	231.04%	-81.13%	141.5%	2.43%	118.33%	-54.05%	30.02%	20.49%	7.56%
Announcement Date	7/29/19	10/28/19	1/30/20	4/27/20	7/27/20	10/29/20	1/29/21	4/26/21	7/26/21	10/26/21	1/31/22	4/28/22	7/29/22	10/31/22	1/30/23	4/27/23	7/28/23	10/31/23	1/31/24	4/26/24	7/29/24	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2020 S2	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2
Net sales ¹	187,155	155,811	203,899	179,109	203,452	213,096	224,694	226,163	246,234	245,000	274,000
Change	-	-16.75%	30.86%	-12.16%	13.59%	4.74%	5.44%	0.65%	8.87%	-0.5%	11.84%
EBITDA	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	3,208	8,659	27,244	12,977	14,766	14,625	20,301	14,077	21,757	22,950	29,000
Change	-	169.92%	214.63%	-52.37%	13.79%	-0.95%	38.81%	-30.66%	54.56%	5.48%	26.36%
Charge d'intérêts	-102	-71	-26	-47	-43	-75	-106	-75	-	-	-
Earnings before Tax (EBT) ¹	5,083	8,428	29,235	15,320	20,454	19,391	-	16,126	26,892	23,000	30,000
Change	-	65.81%	246.88%	-47.6%	33.51%	-5.2%	-100%	-	66.76%	-14.47%	30.43%
Net income ¹	2,881	3,770	19,148	9,334	12,111	10,302	16,194	8,015	18,482	14,150	20,000
Change	-	30.86%	407.9%	-51.25%	29.75%	-14.94%	57.19%	-50.51%	130.59%	-23.44%	41.34%
Announcement Date	4/27/20	10/29/20	4/26/21	10/26/21	4/28/22	10/31/22	4/27/23	10/31/23	4/26/24	-	-

¹JPY in Million

Estimates

Forecast Balance Sheet: Stanley Electric Co., Ltd.

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-123,367	-128,474	-140,754	-159,240	-184,363	-158,142	-134,077	-128,818
Change	-	-204.14%	-209.56%	-213.13%	-215.78%	-185.78%	-184.78%	-196.08%
Announcement Date	4/27/20	4/26/21	4/28/22	4/27/23	4/26/24	-	-	-

¹JPY in Million

Estimates

Cash Flow Forecast: Stanley Electric Co., Ltd.

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	41,107	31,234	29,763	38,582	30,527	70,410	82,000	66,750
Change	-	-24.02%	-4.71%	29.63%	-20.88%	130.65%	16.46%	-18.6%
Free Cash Flow (FCF) ¹	22,104	15,409	16,624	19,849	35,025	14,000	17,725	32,440
Change	-	-30.29%	7.89%	19.4%	76.46%	-60.03%	26.6%	83.02%
Announcement Date	4/27/20	4/26/21	4/28/22	4/27/23	4/26/24	-	-	-

¹JPY in Million

Estimates

Forecast Financial Ratios: Stanley Electric Co., Ltd.

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	14.42%	19.27%	16.75%	17.48%	15.43%	18.44%	19.11%	19.64%
EBIT Margin (%)	6.34%	9.98%	7.25%	7.98%	7.59%	10.11%	10.75%	11.29%
EBT Margin (%)	7.31%	10.47%	9.35%	10.25%	9.11%	11.36%	11.99%	12.44%
Net margin (%)	4.74%	6.37%	5.61%	6.05%	5.61%	6.76%	7.08%	7.49%
FCF margin (%)	5.64%	4.28%	4.35%	4.53%	7.41%	2.72%	3.22%	5.61%
FCF / Net Income (%)	119.16%	67.24%	77.52%	74.91%	132.18%	40.26%	45.51%	74.89%
Profitability
ROA	5.98%	7.97%	6.52%	7.39%	7.19%	6.27%	6.73%	7.16%
ROE	5.1%	6%	5.1%	5.8%	5.3%	6.38%	7.35%	8.01%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	10.5%	8.68%	7.78%	8.81%	6.46%	13.69%	14.9%	11.54%
CAPEX / EBITDA (%)	72.81%	45.05%	46.46%	50.41%	41.89%	74.26%	77.94%	58.75%
CAPEX / FCF (%)	185.97%	202.7%	179.04%	194.38%	87.16%	502.93%	462.63%	205.76%
Items per share
Cash flow per share ¹	308.8	350	360.2	417.2	389.5	493.8	567.4	655.6
Change	-	13.34%	2.91%	15.82%	-6.66%	26.79%	14.9%	15.54%
Dividend per Share ¹	45	45	50	50	55	65	78.62	89.14
Change	-	0%	11.11%	0%	10%	18.18%	20.96%	13.38%
Book Value Per Share ¹	2,214	2,486	2,716	2,875	3,270	3,491	3,678	3,899
Change	-	12.28%	9.24%	5.87%	13.73%	6.78%	5.35%	5.99%
EPS ¹	114.2	142.4	133.8	162.3	162.4	213.8	259.5	300.1
Change	-	24.7%	-6.07%	21.36%	0.06%	31.67%	21.33%	15.66%
Nbr of stocks (in thousands)	161,903	160,510	159,957	166,646	160,380	158,984	158,984	158,984
Announcement Date	4/27/20	4/26/21	4/28/22	4/27/23	4/26/24	-	-	-