EAST JAPAN RAILWAY COMPANY Financials East Japan Railway Company OTC Markets
Equities
EJPRY
US2732021017
Passenger Transportation, Ground & Sea
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.23 USD | +0.98% |
|
+2.49% | -13.91% |
| Jun. 25 | Toyota sold $2 bln worth of cross-held listed shares in FY2023/24, filing shows | RE |
| Apr. 30 | East Japan Railway Company Provides Dividend Guidance for the Year Ending March 31, 2025 | CI |
Valuation
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,084,326 | 2,957,186 | 2,682,169 | 2,763,859 | 3,299,939 | 3,014,488 | - | - |
| Enterprise Value (EV) 1 | 6,242,826 | 6,371,419 | 6,565,739 | 7,008,485 | 7,576,203 | 7,641,324 | 7,757,402 | 7,721,677 |
| P/E ratio | 15.6 x | -5.12 x | -28.2 x | 27.8 x | 16.8 x | 14.2 x | 13.3 x | 11.5 x |
| Yield | 2.02% | 1.28% | 1.41% | 1.36% | 4.8% | 1.98% | 2.18% | 2.55% |
| Capitalization / Revenue | 1.05 x | 1.68 x | 1.36 x | 1.15 x | 1.21 x | 1.06 x | 1.02 x | 0.97 x |
| EV / Revenue | 2.12 x | 3.61 x | 3.32 x | 2.91 x | 2.78 x | 2.68 x | 2.62 x | 2.48 x |
| EV / EBITDA | 8.26 x | -48.4 x | 27.5 x | 13.2 x | 10.3 x | 9.77 x | 9.65 x | 9.11 x |
| EV / FCF | -40.8 x | -7.05 x | -19.5 x | 431 x | -164 x | -50.8 x | -67.8 x | 65.9 x |
| FCF Yield | -2.45% | -14.2% | -5.12% | 0.23% | -0.61% | -1.97% | -1.48% | 1.52% |
| Price to Book | 0.98 x | 1.17 x | 1.12 x | 1.12 x | 0.41 x | 1.05 x | 1 x | 0.93 x |
| Nbr of stocks (in thousands) | 1,131,724 | 1,131,721 | 1,131,717 | 1,130,413 | 1,130,503 | 1,131,352 | - | - |
| Reference price 2 | 2,725 | 2,613 | 2,370 | 2,445 | 2,919 | 2,664 | 2,664 | 2,664 |
| Announcement Date | 4/28/20 | 4/28/21 | 4/27/22 | 4/27/23 | 4/30/24 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,946,639 | 1,764,584 | 1,978,967 | 2,405,538 | 2,730,118 | 2,849,416 | 2,957,827 | 3,109,857 |
| EBITDA 1 | 755,583 | -131,530 | 238,688 | 530,513 | 737,333 | 781,754 | 803,569 | 847,140 |
| EBIT 1 | 380,841 | -520,358 | -153,938 | 140,628 | 345,161 | 369,283 | 388,314 | 444,286 |
| Operating Margin | 12.92% | -29.49% | -7.78% | 5.85% | 12.64% | 12.96% | 13.13% | 14.29% |
| Earnings before Tax (EBT) 1 | 284,174 | -703,591 | -180,502 | 128,375 | 274,072 | 309,716 | 329,119 | 378,657 |
| Net income 1 | 198,428 | -577,900 | -94,948 | 99,232 | 196,449 | 212,875 | 226,779 | 262,171 |
| Net margin | 6.73% | -32.75% | -4.8% | 4.13% | 7.2% | 7.47% | 7.67% | 8.43% |
| EPS 2 | 175.0 | -510.6 | -83.90 | 87.79 | 173.8 | 187.3 | 200.5 | 232.2 |
| Free Cash Flow 1 | -152,909 | -903,637 | -335,852 | 16,244 | -46,223 | -150,545 | -114,451 | 117,258 |
| FCF margin | -5.19% | -51.21% | -16.97% | 0.68% | -1.69% | -5.28% | -3.87% | 3.77% |
| FCF Conversion (EBITDA) | - | - | - | 3.06% | - | - | - | 13.84% |
| FCF Conversion (Net income) | - | - | - | 16.37% | - | - | - | 44.73% |
| Dividend per Share 2 | 55.00 | 33.33 | 33.33 | 33.33 | 140.0 | 52.75 | 58.15 | 68.00 |
| Announcement Date | 4/28/20 | 4/28/21 | 4/27/22 | 4/27/23 | 4/30/24 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2024 S2 | 2025 Q1 | 2025 Q2 | 2025 S1 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,427,746 | 787,297 | 977,287 | 877,840 | 604,954 | 496,173 | 557,618 | 557,382 | 1,115,000 | 612,000 | 678,538 | 629,400 | 670,357 | 1,299,829 | 701,200 | 729,096 | 1,430,289 | 660,452 | 706,990 | 1,352,000 | 692,757 | 796,650 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 84,273 | -295,288 | -225,070 | -115,891 | 73,356 | -111,403 | 40,297 | 26,403 | 66,700 | 45,300 | 28,628 | 80,100 | 111,621 | 191,797 | 106,800 | 46,651 | 153,364 | 90,198 | 117,757 | 202,000 | 110,461 | 53,799 |
| Operating Margin | 5.9% | -37.51% | -23.03% | -13.2% | 12.13% | -22.45% | 7.23% | 4.74% | 5.98% | 7.4% | 4.22% | 12.73% | 16.65% | 14.76% | 15.23% | 6.4% | 10.72% | 13.66% | 16.66% | 14.94% | 15.95% | 6.75% |
| Earnings before Tax (EBT) 1 | - | -359,232 | - | -137,095 | 75,221 | -118,628 | 26,208 | 12,092 | 38,305 | 58,931 | 31,139 | 66,314 | 98,427 | 164,741 | 96,225 | - | - | 70,000 | 104,000 | 174,000 | 91,000 | 45,000 |
| Net income 1 | - | -264,379 | - | -145,209 | 61,458 | -11,197 | 18,922 | 8,178 | 27,100 | 45,400 | 26,732 | 44,800 | 72,264 | 117,077 | 68,200 | 11,217 | - | 48,000 | 74,000 | 122,000 | 63,000 | 31,000 |
| Net margin | - | -33.58% | - | -16.54% | 10.16% | -2.26% | 3.39% | 1.47% | 2.43% | 7.42% | 3.94% | 7.12% | 10.78% | 9.01% | 9.73% | 1.54% | - | 7.27% | 10.47% | 9.02% | 9.09% | 3.89% |
| EPS 2 | - | -233.6 | - | -128.3 | 54.31 | -9.893 | 16.72 | 7.233 | 23.95 | 40.27 | 23.57 | 39.66 | 63.96 | 103.6 | 60.32 | 29.65 | - | 52.00 | 48.55 | - | 60.67 | 26.45 |
| Dividend per Share | - | 16.67 | - | 16.67 | - | 16.67 | - | 16.67 | 16.67 | - | - | - | - | 18.33 | - | - | - | - | - | - | - | - |
| Announcement Date | 4/28/20 | 10/28/20 | 4/28/21 | 10/28/21 | 1/31/22 | 4/27/22 | 7/29/22 | 10/31/22 | 10/31/22 | 1/31/23 | 4/27/23 | 7/28/23 | 10/31/23 | 10/31/23 | 1/31/24 | 4/30/24 | 4/30/24 | - | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 3,158,500 | 3,414,233 | 3,883,570 | 4,244,626 | 4,276,264 | 4,626,837 | 4,742,914 | 4,707,190 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.18 x | -25.96 x | 16.27 x | 8.001 x | 5.8 x | 5.919 x | 5.902 x | 5.557 x |
| Free Cash Flow 1 | -152,909 | -903,637 | -335,852 | 16,244 | -46,223 | -150,545 | -114,451 | 117,258 |
| ROE (net income / shareholders' equity) | 6.4% | -20.3% | -3.9% | 4.1% | 7.6% | 7.69% | 7.69% | 8.52% |
| ROA (Net income/ Total Assets) | 4.02% | -6.64% | -1.99% | 1.2% | 3.1% | 2.38% | 2.42% | 2.9% |
| Assets 1 | 4,937,469 | 8,698,178 | 4,762,664 | 8,250,701 | 6,332,387 | 8,944,308 | 9,371,022 | 9,040,394 |
| Book Value Per Share 2 | 2,780 | 2,240 | 2,116 | 2,189 | 7,207 | 2,543 | 2,670 | 2,860 |
| Cash Flow per Share 2 | 514.0 | -157.0 | 273.0 | 442.0 | 1,592 | 578.0 | 593.0 | 638.0 |
| Capex 1 | 703,908 | 713,669 | 543,698 | 578,178 | 734,326 | 792,080 | 761,300 | 627,825 |
| Capex / Sales | 23.89% | 40.44% | 27.47% | 24.04% | 26.9% | 27.8% | 25.74% | 20.19% |
| Announcement Date | 4/28/20 | 4/28/21 | 4/27/22 | 4/27/23 | 4/30/24 | - | - | - |
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
HOLD
Number of Analysts
10
Last Close Price
2,664
JPY
Average target price
2,953
JPY
Spread / Average Target
+10.83%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -0.98% | 5.27B | |
| +12.17% | 3.4B | |
| +39.47% | 2.91B | |
| -9.24% | 145M | |
| +49.04% | 90.68M | |
| -24.44% | 78.22M |
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