Financials Hirose Electric Co.,Ltd. Deutsche Boerse AG

Equities

HRO

JP3799000009

Electronic Equipment & Parts

Market Closed - Deutsche Boerse AG 02:47:15 2024-07-16 am EDT 5-day change 1st Jan Change
111 EUR 0.00% Intraday chart for Hirose Electric Co.,Ltd. +6.73% +11.00%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 406,192 617,384 631,422 594,537 523,854 658,903 - -
Enterprise Value (EV) 1 355,631 432,675 427,078 511,987 439,439 504,422 498,238 501,496
P/E ratio 26.6 x 31 x 20.2 x 17.2 x 20 x 22.9 x 20 x 18.1 x
Yield 2.14% 1.41% 2.46% 2.9% 2.84% 2.52% 2.72% 2.82%
Capitalization / Revenue 3.34 x 4.62 x 3.86 x 3.24 x 3.17 x 3.74 x 3.47 x 3.28 x
EV / Revenue 2.92 x 3.24 x 2.61 x 2.79 x 2.66 x 2.87 x 2.63 x 2.5 x
EV / EBITDA 9.83 x 9.69 x 7.47 x 8.07 x 8.64 x 9.28 x 8.19 x 7.65 x
EV / FCF 31.1 x 19.7 x 14 x 18.9 x 48.9 x 20.3 x 16.2 x 14.5 x
FCF Yield 3.21% 5.07% 7.13% 5.3% 2.04% 4.92% 6.17% 6.88%
Price to Book 1.33 x 1.89 x 1.85 x 1.7 x 1.44 x 1.77 x 1.7 x 1.63 x
Nbr of stocks (in thousands) 36,267 36,274 35,354 34,426 33,830 33,825 - -
Reference price 2 11,200 17,020 17,860 17,270 15,485 19,480 19,480 19,480
Announcement Date 5/28/20 5/6/21 5/6/22 5/8/23 5/7/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 121,765 133,538 163,671 183,224 165,509 176,000 189,788 200,931
EBITDA 1 36,177 44,654 57,172 63,455 50,864 54,378 60,866 65,521
EBIT 1 20,358 27,885 40,765 46,751 34,017 37,987 43,574 47,811
Operating Margin 16.72% 20.88% 24.91% 25.52% 20.55% 21.58% 22.96% 23.79%
Earnings before Tax (EBT) 1 21,205 28,332 43,081 48,591 38,761 40,819 46,516 50,407
Net income 1 15,305 19,916 31,437 34,648 26,480 29,069 33,097 36,302
Net margin 12.57% 14.91% 19.21% 18.91% 16% 16.52% 17.44% 18.07%
EPS 2 420.4 549.1 885.4 1,002 772.4 850.6 971.7 1,075
Free Cash Flow 1 11,420 21,923 30,468 27,139 8,985 24,815 30,747 34,479
FCF margin 9.38% 16.42% 18.62% 14.81% 5.43% 14.1% 16.2% 17.16%
FCF Conversion (EBITDA) 31.57% 49.1% 53.29% 42.77% 17.66% 45.63% 50.52% 52.62%
FCF Conversion (Net income) 74.62% 110.08% 96.92% 78.33% 33.93% 85.37% 92.9% 94.98%
Dividend per Share 2 240.0 240.0 440.0 500.0 440.0 490.9 529.7 549.6
Announcement Date 5/28/20 5/6/21 5/6/22 5/8/23 5/7/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S2 2021 S1 2021 S2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1 2025 Q2 2025 S1 2025 Q3 2025 Q4 2025 S2 2026 Q1 2026 S1 2026 S2
Net sales 1 - 61,036 72,502 79,188 42,816 41,667 84,483 46,574 48,130 94,704 47,461 41,059 88,520 40,455 42,455 82,910 42,252 40,347 82,599 40,814 44,290 82,243 45,654 44,627 87,443 44,369 90,366 93,645
EBITDA 1 - - 23,525 28,084 - - - - - 35,514 - - - - - - 14,254 11,075 - 11,697 13,482 - 14,568 13,314 - 14,679 - -
EBIT 1 8,824 12,893 14,992 19,792 11,226 9,747 20,973 12,971 14,199 27,170 12,497 7,084 19,581 9,057 8,134 17,191 10,040 6,786 16,826 8,312 9,757 17,822 10,745 9,272 19,486 10,704 22,593 23,356
Operating Margin - 21.12% 20.68% 24.99% 26.22% 23.39% 24.83% 27.85% 29.5% 28.69% 26.33% 17.25% 22.12% 22.39% 19.16% 20.73% 23.76% 16.82% 20.37% 20.37% 22.03% 21.67% 23.54% 20.78% 22.28% 24.13% 25% 24.94%
Earnings before Tax (EBT) 1 - 12,887 15,445 20,384 11,784 10,913 22,697 14,507 14,740 29,247 11,737 7,607 19,344 10,652 9,028 19,680 10,954 8,127 19,081 9,322 10,479 19,062 11,553 9,787 21,059 11,431 23,973 24,736
Net income 1 6,732 9,338 10,578 14,797 8,990 7,650 16,640 10,052 10,584 20,636 8,594 5,418 14,012 6,021 6,576 12,597 8,117 5,766 13,883 6,347 7,319 13,538 8,123 7,006 14,962 8,091 17,024 17,572
Net margin - 15.3% 14.59% 18.69% 21% 18.36% 19.7% 21.58% 21.99% 21.79% 18.11% 13.2% 15.83% 14.88% 15.49% 15.19% 19.21% 14.29% 16.81% 15.55% 16.53% 16.46% 17.79% 15.7% 17.11% 18.24% 18.84% 18.76%
EPS 2 - 257.5 291.6 415.0 254.0 216.4 470.4 286.9 307.3 594.2 249.9 157.9 407.8 174.9 191.0 365.9 236.2 170.3 - 178.7 215.1 387.0 230.3 194.4 414.0 228.8 487.0 495.0
Dividend per Share 2 - 120.0 - 160.0 - 280.0 280.0 - 220.0 220.0 - 280.0 - - 220.0 220.0 - 220.0 - - 245.0 - - 245.0 - - - -
Announcement Date 5/28/20 11/2/20 5/6/21 11/1/21 1/31/22 5/6/22 5/6/22 8/1/22 11/2/22 11/2/22 2/1/23 5/8/23 5/8/23 8/1/23 11/1/23 11/1/23 2/1/24 5/7/24 5/7/24 - - - - - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 - - - - - - - -
Net Cash position 1 50,561 184,709 204,344 82,550 84,415 154,482 160,666 157,408
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 11,420 21,923 30,468 27,139 8,985 24,815 30,747 34,479
ROE (net income / shareholders' equity) 5% 6.3% 9.4% 10% 7.4% 7.83% 8.8% 9.18%
ROA (Net income/ Total Assets) 6.2% 7.95% 11.3% 12.2% 9.63% 6.87% 7.8% 8.15%
Assets 1 246,872 250,654 279,222 283,845 274,906 423,329 424,321 445,428
Book Value Per Share 2 8,436 8,987 9,675 10,161 10,764 11,021 11,441 11,936
Cash Flow per Share 2 855.0 1,011 1,347 1,485 1,264 1,283 1,425 1,527
Capex 1 18,689 13,895 13,855 19,553 32,064 19,629 19,314 19,717
Capex / Sales 15.35% 10.41% 8.47% 10.67% 19.37% 11.15% 10.18% 9.81%
Announcement Date 5/28/20 5/6/21 5/6/22 5/8/23 5/7/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
19,480 JPY
Average target price
20,404 JPY
Spread / Average Target
+4.74%
Consensus
  1. Stock Market
  2. Equities
  3. 6806 Stock
  4. HRO Stock
  5. Financials Hirose Electric Co.,Ltd.