Financials Nichidai Corporation

Equities

6467

JP3661940001

Industrial Machinery & Equipment

Delayed Japan Exchange 08:01:09 2024-07-10 pm EDT 5-day change 1st Jan Change
349 JPY +0.29% Intraday chart for Nichidai Corporation -1.69% +2.05%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Capitalization 1 6,653 3,566 4,299 3,675 3,349 3,349
Enterprise Value (EV) 1 5,930 1,480 2,280 1,676 1,454 2,074
P/E ratio 6.87 x 7.48 x -25.3 x -5.94 x -6.92 x 76.1 x
Yield 2.72% 5.08% 0.84% 1.97% 1.62% -
Capitalization / Revenue 0.38 x 0.24 x 0.4 x 0.3 x 0.31 x 0.3 x
EV / Revenue 0.34 x 0.1 x 0.21 x 0.14 x 0.13 x 0.18 x
EV / EBITDA 2.65 x 0.96 x 5.43 x 1.67 x 3.36 x 4.02 x
EV / FCF 16.6 x 0.96 x 20.4 x -79.8 x -8.45 x 42 x
FCF Yield 6.01% 104% 4.9% -1.25% -11.8% 2.38%
Price to Book 0.61 x 0.31 x 0.39 x 0.35 x 0.33 x 0.32 x
Nbr of stocks (in thousands) 9,051 9,051 9,051 9,051 9,051 9,051
Reference price 2 735.0 394.0 475.0 406.0 370.0 370.0
Announcement Date 6/24/19 6/24/20 6/24/21 6/24/22 6/26/23 6/26/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net sales 1 17,416 14,774 10,823 12,301 10,847 11,323
EBITDA 1 2,241 1,544 420 1,001 433 516
EBIT 1 1,388 713 -339 217 -202 -43
Operating Margin 7.97% 4.83% -3.13% 1.76% -1.86% -0.38%
Earnings before Tax (EBT) 1 1,408 734 -172 -479 -333 67
Net income 1 968 477 -170 -619 -484 44
Net margin 5.56% 3.23% -1.57% -5.03% -4.46% 0.39%
EPS 2 106.9 52.70 -18.78 -68.39 -53.47 4.861
Free Cash Flow 1 356.6 1,541 111.8 -21 -172 49.38
FCF margin 2.05% 10.43% 1.03% -0.17% -1.59% 0.44%
FCF Conversion (EBITDA) 15.91% 99.81% 26.61% - - 9.57%
FCF Conversion (Net income) 36.84% 323.06% - - - 112.22%
Dividend per Share 2 20.00 20.00 4.000 8.000 6.000 -
Announcement Date 6/24/19 6/24/20 6/24/21 6/24/22 6/26/23 6/26/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Marzo 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 5,099 6,788 2,960 2,645 5,248 2,934 2,677 5,426 2,846
EBITDA - - - - - - - - -
EBIT 1 -399 255 33 -44 -143 10 -82 -188 27
Operating Margin -7.83% 3.76% 1.11% -1.66% -2.72% 0.34% -3.06% -3.46% 0.95%
Earnings before Tax (EBT) 1 -274 224 48 -18 -86 10 -30 -116 45
Net income 1 -208 142 -9 -69 -151 -74 -43 -168 39
Net margin -4.08% 2.09% -0.3% -2.61% -2.88% -2.52% -1.61% -3.1% 1.37%
EPS 2 -23.05 15.70 -0.9000 -7.720 -16.69 -8.260 -4.820 -18.63 4.290
Dividend per Share - 5.000 - - 4.000 - - 4.000 -
Announcement Date 10/30/20 10/29/21 2/1/22 8/1/22 10/31/22 2/1/23 8/1/23 10/31/23 2/1/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: Marzo 2019 2020 2021 2022 2023 2024
Net Debt 1 - - - - - -
Net Cash position 1 723 2,086 2,019 1,999 1,895 1,275
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 357 1,541 112 -21 -172 49.4
ROE (net income / shareholders' equity) 9.06% 4.34% -1.64% -5.79% -4.59% 0.11%
ROA (Net income/ Total Assets) 5.2% 2.66% -1.32% 0.88% -0.82% -0.18%
Assets 1 18,598 17,965 12,854 -70,711 58,852 -25,028
Book Value Per Share 2 1,205 1,254 1,217 1,145 1,121 1,153
Cash Flow per Share 2 309.0 405.0 379.0 448.0 454.0 362.0
Capex 1 637 582 491 453 424 662
Capex / Sales 3.66% 3.94% 4.54% 3.68% 3.91% 5.85%
Announcement Date 6/24/19 6/24/20 6/24/21 6/24/22 6/26/23 6/26/24
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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