Market Closed -
Sapporo S.E.
12:43:32 2024-03-11 am EDT
|
5-day change
|
1st Jan Change
|
3,560
JPY
|
-7.65%
|
|
-.--%
|
+7.55%
|
Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Capitalization
1 |
852,007
|
1,737,026
|
1,998,946
|
2,873,054
|
3,377,556
|
3,194,745
|
-
|
-
|
Enterprise Value (EV)
1 |
3,051,289
|
3,936,792
|
4,101,246
|
4,901,994
|
5,640,307
|
5,386,980
|
5,201,261
|
4,956,649
|
P/E ratio
|
-1.97
x
|
-53.6
x
|
3.14
x
|
4.14
x
|
6.15
x
|
8.5
x
|
5.89
x
|
5.2
x
|
Yield
|
1.08%
|
0.53%
|
7.37%
|
5.77%
|
4.36%
|
4.7%
|
5.05%
|
5.69%
|
Capitalization / Revenue
|
0.14
x
|
0.36
x
|
0.29
x
|
0.36
x
|
0.38
x
|
0.36
x
|
0.33
x
|
0.32
x
|
EV / Revenue
|
0.52
x
|
0.82
x
|
0.6
x
|
0.61
x
|
0.64
x
|
0.6
x
|
0.54
x
|
0.49
x
|
EV / EBITDA
|
272
x
|
9.82
x
|
3.18
x
|
4.01
x
|
4.94
x
|
5.12
x
|
4.14
x
|
3.52
x
|
EV / FCF
|
20.5
x
|
278
x
|
17.3
x
|
25.6
x
|
18.8
x
|
339
x
|
16.8
x
|
10.9
x
|
FCF Yield
|
4.87%
|
0.36%
|
5.77%
|
3.9%
|
5.31%
|
0.3%
|
5.94%
|
9.13%
|
Price to Book
|
0.32
x
|
0.63
x
|
0.58
x
|
0.69
x
|
0.71
x
|
0.64
x
|
0.6
x
|
0.55
x
|
Nbr of stocks (in thousands)
|
920,690
|
920,767
|
920,749
|
920,851
|
920,817
|
932,500
|
-
|
-
|
Reference price
2 |
925.4
|
1,886
|
2,171
|
3,120
|
3,668
|
3,426
|
3,426
|
3,426
|
Announcement Date
|
5/8/20
|
5/7/21
|
5/10/22
|
5/10/23
|
5/9/24
|
-
|
-
|
-
|
Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net sales
1 |
5,921,525
|
4,829,272
|
6,808,890
|
7,975,586
|
8,868,097
|
8,981,274
|
9,671,028
|
10,075,303
|
EBITDA
1 |
11,220
|
400,900
|
1,290,200
|
1,223,817
|
1,141,664
|
1,051,754
|
1,255,334
|
1,407,611
|
EBIT
1 |
-406,119
|
11,381
|
840,901
|
883,646
|
778,662
|
668,998
|
872,529
|
944,796
|
Operating Margin
|
-6.86%
|
0.24%
|
12.35%
|
11.08%
|
8.78%
|
7.45%
|
9.02%
|
9.38%
|
Earnings before Tax (EBT)
1 |
-423,572
|
-8,656
|
816,583
|
866,849
|
763,972
|
583,514
|
782,810
|
897,546
|
Net income
1 |
-431,513
|
-32,432
|
637,321
|
694,016
|
549,372
|
387,198
|
544,978
|
613,463
|
Net margin
|
-7.29%
|
-0.67%
|
9.36%
|
8.7%
|
6.19%
|
4.31%
|
5.64%
|
6.09%
|
EPS
2 |
-468.7
|
-35.22
|
692.2
|
753.7
|
596.6
|
402.9
|
582.1
|
659.1
|
Free Cash Flow
1 |
148,703
|
14,150
|
236,700
|
191,256
|
299,505
|
15,900
|
308,940
|
452,775
|
FCF margin
|
2.51%
|
0.29%
|
3.48%
|
2.4%
|
3.38%
|
0.18%
|
3.19%
|
4.49%
|
FCF Conversion (EBITDA)
|
1,325.34%
|
3.53%
|
18.35%
|
15.63%
|
26.23%
|
1.51%
|
24.61%
|
32.17%
|
FCF Conversion (Net income)
|
-
|
-
|
37.14%
|
27.56%
|
54.52%
|
4.11%
|
56.69%
|
73.81%
|
Dividend per Share
2 |
10.00
|
10.00
|
160.0
|
180.0
|
160.0
|
161.1
|
173.0
|
195.0
|
Announcement Date
|
5/8/20
|
5/7/21
|
5/10/22
|
5/10/23
|
5/9/24
|
-
|
-
|
-
|
Fiscal Period: March |
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
|
2026 Q1
|
---|
Net sales
1 |
2,241,992
|
2,587,280
|
3,163,943
|
1,778,538
|
1,866,409
|
3,644,947
|
1,919,181
|
1,955,225
|
3,874,406
|
2,087,276
|
2,013,904
|
4,101,180
|
2,199,786
|
2,212,635
|
4,412,421
|
2,229,395
|
2,226,281
|
4,455,676
|
2,179,229
|
2,204,602
|
4,400,000
|
2,243,735
|
2,251,180
|
2,207,588
|
EBITDA
1 |
-
|
-
|
-
|
350,100
|
300,800
|
-
|
420,432
|
286,500
|
-
|
305,900
|
210,957
|
-
|
335,998
|
-
|
-
|
290,200
|
254,344
|
-
|
294,387
|
298,250
|
-
|
304,732
|
44,232
|
291,399
|
EBIT
1 |
-148,810
|
160,191
|
428,398
|
299,738
|
112,765
|
-
|
338,873
|
202,879
|
541,752
|
220,092
|
121,802
|
341,894
|
248,700
|
175,094
|
423,794
|
194,889
|
159,979
|
-
|
174,584
|
160,333
|
138,000
|
198,694
|
121,000
|
192,435
|
Operating Margin
|
-6.64%
|
6.19%
|
13.54%
|
16.85%
|
6.04%
|
-
|
17.66%
|
10.38%
|
13.98%
|
10.54%
|
6.05%
|
8.34%
|
11.31%
|
7.91%
|
9.6%
|
8.74%
|
7.19%
|
-
|
8.01%
|
7.27%
|
3.14%
|
8.86%
|
5.37%
|
8.72%
|
Earnings before Tax (EBT)
1 |
-159,678
|
151,022
|
415,900
|
293,875
|
106,808
|
-
|
334,014
|
198,493
|
532,507
|
215,774
|
118,568
|
-
|
244,793
|
171,249
|
416,042
|
192,043
|
155,887
|
-
|
170,850
|
135,650
|
308,000
|
172,500
|
63,000
|
-
|
Net income
1 |
-191,164
|
158,732
|
298,727
|
209,167
|
129,427
|
-
|
230,972
|
141,400
|
372,372
|
144,772
|
176,872
|
-
|
177,064
|
123,171
|
300,235
|
140,679
|
108,458
|
-
|
109,341
|
99,965
|
211,000
|
112,751
|
42,500
|
117,662
|
Net margin
|
-8.53%
|
6.14%
|
9.44%
|
11.76%
|
6.93%
|
-
|
12.03%
|
7.23%
|
9.61%
|
6.94%
|
8.78%
|
-
|
8.05%
|
5.57%
|
6.8%
|
6.31%
|
4.87%
|
-
|
5.02%
|
4.53%
|
4.8%
|
5.03%
|
1.89%
|
5.33%
|
EPS
2 |
-207.6
|
172.4
|
324.4
|
227.2
|
140.6
|
-
|
250.8
|
153.6
|
404.4
|
157.2
|
192.1
|
-
|
192.3
|
133.8
|
326.0
|
152.8
|
117.8
|
-
|
122.0
|
124.4
|
-
|
128.4
|
-7.332
|
127.7
|
Dividend per Share
2 |
-
|
-
|
70.00
|
-
|
90.00
|
-
|
-
|
90.00
|
90.00
|
-
|
90.00
|
-
|
-
|
75.00
|
75.00
|
-
|
85.00
|
-
|
-
|
80.00
|
-
|
-
|
80.00
|
-
|
Announcement Date
|
11/6/20
|
5/7/21
|
11/2/21
|
2/3/22
|
5/10/22
|
5/10/22
|
8/4/22
|
11/1/22
|
11/1/22
|
2/9/23
|
5/10/23
|
5/10/23
|
8/4/23
|
11/1/23
|
11/1/23
|
2/7/24
|
5/9/24
|
5/9/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net Debt
1 |
2,199,282
|
2,199,766
|
2,102,300
|
2,028,940
|
2,262,751
|
2,192,234
|
2,006,515
|
1,761,903
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
196
x
|
5.487
x
|
1.629
x
|
1.658
x
|
1.982
x
|
2.084
x
|
1.598
x
|
1.252
x
|
Free Cash Flow
1 |
148,703
|
14,150
|
236,700
|
191,256
|
299,505
|
15,900
|
308,940
|
452,775
|
ROE (net income / shareholders' equity)
|
-14.7%
|
-1.2%
|
20.5%
|
18.1%
|
12.3%
|
7.99%
|
10.6%
|
11.2%
|
ROA (Net income/ Total Assets)
|
-5.47%
|
-0.12%
|
10%
|
9.46%
|
7.53%
|
4.11%
|
5.29%
|
5.8%
|
Assets
1 |
7,892,486
|
28,135,681
|
6,371,114
|
7,333,453
|
7,292,291
|
9,417,048
|
10,292,857
|
10,581,186
|
Book Value Per Share
2 |
2,869
|
2,998
|
3,765
|
4,541
|
5,187
|
5,333
|
5,738
|
6,228
|
Cash Flow per Share
2 |
-15.40
|
281.0
|
1,051
|
1,123
|
991.0
|
672.0
|
1,047
|
1,066
|
Capex
1 |
460,555
|
459,811
|
466,902
|
470,018
|
466,345
|
472,289
|
528,263
|
532,762
|
Capex / Sales
|
7.78%
|
9.52%
|
6.86%
|
5.89%
|
5.26%
|
5.26%
|
5.46%
|
5.29%
|
Announcement Date
|
5/8/20
|
5/7/21
|
5/10/22
|
5/10/23
|
5/9/24
|
-
|
-
|
-
|
Last Close Price
3,426
JPY Average target price
4,015
JPY Spread / Average Target +17.19% Consensus |
1st Jan change
|
Capi.
|
---|
| -5.77% | 39.32B | | +19.07% | 24.95B | | +10.14% | 20.44B | | -26.83% | 19.99B | | -16.96% | 19.07B | | +6.56% | 9.61B | | -21.60% | 8.58B | | -.--% | 7.79B | | -24.09% | 7.37B |
Other Steel
|