Financials Toyo Electric Corporation

Equities

6655

JP3616900001

Electrical Components & Equipment

End-of-day quote NAGOYA STOCK EXCHANGE 18:00:00 2024-05-08 EDT 5-day change 1st Jan Change
779 JPY +0.65% Intraday chart for Toyo Electric Corporation +0.65% +0.91%

Valuation

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Capitalization 1 4,323 3,534 3,198 3,576 3,365 3,070
Enterprise Value (EV) 1 3,731 3,698 3,186 2,529 2,373 2,710
P/E ratio 19.2 x 26.7 x 15.7 x 21.9 x 41 x -11 x
Yield 2.39% 2.87% 3.18% 2.61% 2.53% 2.78%
Capitalization / Revenue 0.51 x 0.39 x 0.35 x 0.46 x 0.44 x 0.41 x
EV / Revenue 0.44 x 0.41 x 0.35 x 0.33 x 0.31 x 0.36 x
EV / EBITDA 8.04 x 11.3 x 7.26 x 8.57 x 8.45 x 31.1 x
EV / FCF 12.5 x -6.15 x 12.8 x 2.48 x 358 x -4.49 x
FCF Yield 8.03% -16.3% 7.84% 40.3% 0.28% -22.3%
Price to Book 0.77 x 0.64 x 0.57 x 0.63 x 0.59 x 0.56 x
Nbr of stocks (in thousands) 4,306 4,227 4,236 4,247 4,255 4,263
Reference price 2 1,004 836.0 755.0 842.0 791.0 720.0
Announcement Date 18-06-21 19-06-24 20-06-24 21-06-24 22-06-24 23-06-23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 8,551 9,026 9,166 7,766 7,703 7,566
EBITDA 1 464 326 439 295 281 87
EBIT 1 277 79 213 93 102 -88
Operating Margin 3.24% 0.88% 2.32% 1.2% 1.32% -1.16%
Earnings before Tax (EBT) 1 335 185 288 237 180 -8
Net income 1 225 133 204 163 82 -280
Net margin 2.63% 1.47% 2.23% 2.1% 1.06% -3.7%
EPS 2 52.26 31.26 48.16 38.43 19.29 -65.73
Free Cash Flow 1 299.5 -601.1 249.9 1,020 6.625 -603.8
FCF margin 3.5% -6.66% 2.73% 13.13% 0.09% -7.98%
FCF Conversion (EBITDA) 64.55% - 56.92% 345.72% 2.36% -
FCF Conversion (Net income) 133.11% - 122.49% 625.69% 8.08% -
Dividend per Share 2 24.00 24.00 24.00 22.00 20.00 20.00
Announcement Date 18-06-21 19-06-24 20-06-24 21-06-24 22-06-24 23-06-23
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 4,252 3,721 3,641 2,083 1,652 3,461 1,878 1,998 4,210 2,454
EBITDA - - - - - - - - - -
EBIT 1 22 -76 48 72 -87 -167 -18 54 153 118
Operating Margin 0.52% -2.04% 1.32% 3.46% -5.27% -4.83% -0.96% 2.7% 3.63% 4.81%
Earnings before Tax (EBT) 1 74 44 104 90 -41 -112 3 108 211 151
Net income 1 36 -61 52 71 -35 -374 3 71 239 125
Net margin 0.85% -1.64% 1.43% 3.41% -2.12% -10.81% 0.16% 3.55% 5.68% 5.09%
EPS 2 8.520 -14.62 12.46 16.56 -8.290 -88.01 0.9100 16.86 56.04 29.38
Dividend per Share 12.00 12.00 10.00 - - 10.00 - - 10.00 -
Announcement Date 19-11-06 20-11-11 21-11-05 22-02-07 22-08-05 22-11-07 23-02-07 23-08-07 23-11-08 24-02-07
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - 164 - - - -
Net Cash position 1 592 - 12 1,047 992 360
Leverage (Debt/EBITDA) - 0.5031 x - - - -
Free Cash Flow 1 300 -601 250 1,020 6.63 -604
ROE (net income / shareholders' equity) 4.02% 2.37% 3.67% 2.88% 1.39% -4.98%
ROA (Net income/ Total Assets) 1.65% 0.45% 1.21% 0.56% 0.65% -0.56%
Assets 1 13,666 29,529 16,828 28,988 12,606 50,098
Book Value Per Share 2 1,309 1,305 1,325 1,340 1,352 1,286
Cash Flow per Share 2 549.0 501.0 488.0 693.0 544.0 539.0
Capex 1 160 122 69 44 50 91
Capex / Sales 1.87% 1.35% 0.75% 0.57% 0.65% 1.2%
Announcement Date 18-06-21 19-06-24 20-06-24 21-06-24 22-06-24 23-06-23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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