TSUBAKI NAKASHIMA CO., LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 859 JPY | +0.35% |
|
+2.38% | +17.35% |
| 04-04 | Tsubaki Nakashima Issuer Credit Rating BBB+ Unchanged, Stable Outlook | MT |
| 02-12 | Minebeat Mitsumi Acquires Shares in Tsubaki Nakashima's New Company | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 64,450 | 44,928 | 59,571 | 40,523 | 29,081 | 34,126 | - | - |
| Enterprise Value (EV) 1 | 116,214 | 98,479 | 111,035 | 105,543 | 96,435 | 99,232 | 99,194 | 92,126 |
| P/E ratio | 13.1 x | 24.1 x | 16.7 x | -4.53 x | -22.6 x | 9.66 x | 8.35 x | 6.69 x |
| Yield | 5.07% | 2.14% | 3% | 2.94% | 1.78% | 3.78% | 4.48% | 4.31% |
| Capitalization / Revenue | 1 x | 0.86 x | 0.88 x | 0.51 x | 0.36 x | 0.42 x | 0.41 x | 0.39 x |
| EV / Revenue | 1.8 x | 1.89 x | 1.63 x | 1.34 x | 1.2 x | 1.23 x | 1.18 x | 1.07 x |
| EV / EBITDA | 10.1 x | 14.2 x | 12 x | -19.5 x | 23.9 x | 9.84 x | 8.93 x | 6.93 x |
| EV / FCF | 29.6 x | 104 x | 27.9 x | - | -27.3 x | 18.5 x | 25 x | 18.4 x |
| FCF Yield | 3.37% | 0.96% | 3.59% | - | -3.66% | 5.41% | 4% | 5.43% |
| Price to Book | 1.41 x | 1.01 x | 1.12 x | 0.81 x | 0.54 x | 0.63 x | 0.6 x | 0.54 x |
| Nbr of stocks (in thousands) | 40,306 | 40,043 | 40,552 | 39,728 | 39,728 | 39,728 | - | - |
| Reference price 2 | 1,599 | 1,122 | 1,469 | 1,020 | 732.0 | 859.0 | 859.0 | 859.0 |
| Announcement Date | 20-02-12 | 21-02-12 | 22-02-15 | 23-02-20 | 24-02-09 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 64,563 | 52,024 | 67,926 | 79,036 | 80,337 | 80,480 | 84,104 | 86,500 |
| EBITDA 1 | 11,538 | 6,953 | 9,224 | -5,407 | 4,042 | 10,081 | 11,114 | 13,300 |
| EBIT 1 | 8,186 | 3,611 | 5,816 | -9,065 | 853 | 5,957 | 6,839 | 8,500 |
| Operating Margin | 12.68% | 6.94% | 8.56% | -11.47% | 1.06% | 7.4% | 8.13% | 9.83% |
| Earnings before Tax (EBT) 1 | 7,214 | 2,572 | 5,008 | -9,648 | 113 | 5,358 | 6,243 | 7,800 |
| Net income 1 | 4,891 | 1,877 | 3,554 | -9,089 | -1,287 | 3,571 | 4,133 | 5,100 |
| Net margin | 7.58% | 3.61% | 5.23% | -11.5% | -1.6% | 4.44% | 4.91% | 5.9% |
| EPS 2 | 121.7 | 46.64 | 88.04 | -225.4 | -32.38 | 88.89 | 102.9 | 128.4 |
| Free Cash Flow 1 | 3,922 | 950 | 3,984 | - | -3,528 | 5,373 | 3,973 | 5,000 |
| FCF margin | 6.07% | 1.83% | 5.87% | - | -4.39% | 6.68% | 4.72% | 5.78% |
| FCF Conversion (EBITDA) | 33.99% | 13.66% | 43.19% | - | - | 53.3% | 35.74% | 37.59% |
| FCF Conversion (Net income) | 80.19% | 50.61% | 112.1% | - | - | 150.46% | 96.11% | 98.04% |
| Dividend per Share 2 | 81.00 | 24.00 | 44.00 | 30.00 | 13.00 | 32.50 | 38.50 | 37.00 |
| Announcement Date | 20-02-12 | 21-02-12 | 22-02-15 | 23-02-20 | 24-02-09 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 Q3 | 2021 S2 | 2022 Q1 | 2022 S1 | 2022 Q3 | 2023 Q1 | 2023 S1 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 29,044 | 24,018 | 28,006 | 34,738 | 16,461 | - | 18,627 | 38,258 | 20,151 | 19,702 | 39,565 | 19,624 |
| EBITDA | 5,391 | 3,023 | 3,930 | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 3,744 | 1,326 | 2,285 | 3,625 | 1,754 | - | 1,525 | 1,352 | 1,310 | 1,509 | 1,896 | 880 |
| Operating Margin | 12.89% | 5.52% | 8.16% | 10.44% | 10.66% | - | 8.19% | 3.53% | 6.5% | 7.66% | 4.79% | 4.48% |
| Earnings before Tax (EBT) 1 | 3,278 | 990 | - | 3,258 | 1,577 | - | 1,438 | 1,542 | 1,432 | 1,229 | 1,821 | 885 |
| Net income 1 | 2,023 | 693 | - | 2,680 | 672 | - | 1,045 | 399 | 1,095 | 655 | 911 | 281 |
| Net margin | 6.97% | 2.89% | - | 7.71% | 4.08% | - | 5.61% | 1.04% | 5.43% | 3.32% | 2.3% | 1.43% |
| EPS 2 | - | 17.19 | - | 66.65 | 16.49 | - | 25.76 | 9.840 | 27.02 | 16.49 | 22.93 | 7.080 |
| Dividend per Share | - | 10.00 | - | 28.00 | - | 16.00 | - | 13.00 | - | - | 13.00 | - |
| Announcement Date | 20-02-12 | 20-08-07 | 21-02-12 | 21-08-10 | 21-11-12 | 22-02-15 | 22-05-13 | 22-08-09 | 22-11-11 | 23-05-12 | 23-08-09 | 23-11-10 |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 51,764 | 53,551 | 51,464 | 65,020 | 67,354 | 65,106 | 65,068 | 58,000 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.486 x | 7.702 x | 5.579 x | -12.03 x | 16.66 x | 6.458 x | 5.855 x | 4.361 x |
| Free Cash Flow 1 | 3,922 | 950 | 3,984 | - | -3,528 | 5,373 | 3,973 | 5,000 |
| ROE (net income / shareholders' equity) | 10.8% | 4.1% | 7.3% | -17.6% | -2.5% | 6.67% | 7.38% | 8.32% |
| ROA (Net income/ Total Assets) | 5.27% | 1.94% | 3.48% | -6.09% | -0.79% | 2.31% | 2.66% | 3.09% |
| Assets 1 | 92,829 | 96,923 | 102,064 | 149,347 | 162,994 | 154,538 | 155,511 | 164,835 |
| Book Value Per Share 2 | 1,137 | 1,115 | 1,315 | 1,261 | 1,362 | 1,368 | 1,433 | 1,588 |
| Cash Flow per Share 2 | 205.0 | 130.0 | 172.0 | -135.0 | 47.90 | 329.0 | 261.0 | - |
| Capex 1 | 2,362 | 1,255 | 2,397 | 5,638 | 4,776 | 6,329 | 6,329 | 6,000 |
| Capex / Sales | 3.66% | 2.41% | 3.53% | 7.13% | 5.94% | 7.86% | 7.53% | 6.94% |
| Announcement Date | 20-02-12 | 21-02-12 | 22-02-15 | 23-02-20 | 24-02-09 | - | - | - |
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
UNDERPERFORM
Number of Analysts
2
Last Close Price
859
JPY
Average target price
835
JPY
Spread / Average Target
-2.79%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +17.35% | 219M | |
| -5.10% | 7.77B | |
| +18.40% | 7.1B | |
| +4.58% | 3.11B | |
| -27.74% | 879M | |
| +4.95% | 711M | |
| -18.92% | 673M | |
| -18.65% | 635M | |
| -5.30% | 610M | |
| -11.23% | 532M |
- Stock Market
- Equities
- 6464 Stock
- Financials Tsubaki Nakashima Co., Ltd.