Financials Nissui Corporation

Equities

1332

JP3718800000

Food Processing

Market Closed - Japan Exchange 02:00:00 2024-07-09 am EDT 5-day change 1st Jan Change
842.3 JPY +0.83% Intraday chart for Nissui Corporation -3.28% +10.96%

Valuation

Fiscal Period: Maart 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 148,726 165,526 170,558 169,000 298,429 259,667 - -
Enterprise Value (EV) 1 345,982 338,751 338,799 340,706 488,174 458,217 453,067 457,767
P/E ratio 10.1 x 11.5 x 9.87 x 7.96 x 12.5 x 10.5 x 9.7 x 9.57 x
Yield 1.78% 1.79% 2.55% 3.31% 2.5% 3.03% 3.25% 3.35%
Capitalization / Revenue 0.22 x 0.25 x 0.25 x 0.22 x 0.36 x 0.3 x 0.3 x 0.29 x
EV / Revenue 0.5 x 0.52 x 0.49 x 0.44 x 0.59 x 0.54 x 0.52 x 0.52 x
EV / EBITDA 8.13 x 8.93 x 7.2 x 7.55 x 9.3 x 8.06 x 7.53 x 7.32 x
EV / FCF -40.4 x 12.1 x 28.6 x -17.8 x 29.1 x 61.5 x 36.4 x 24.9 x
FCF Yield -2.48% 8.23% 3.5% -5.63% 3.43% 1.63% 2.75% 4.02%
Price to Book 0.97 x 0.98 x 0.9 x 0.78 x 1.2 x 0.96 x 0.93 x 0.91 x
Nbr of stocks (in thousands) 311,143 311,139 311,238 311,235 310,831 310,830 - -
Reference price 2 478.0 532.0 548.0 543.0 960.1 835.4 835.4 835.4
Announcement Date 5/20/20 5/13/21 5/12/22 5/12/23 5/14/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 690,016 656,491 693,682 768,181 831,375 852,800 876,167 883,450
EBITDA 1 42,547 37,950 47,042 45,100 52,497 56,816 60,151 62,572
EBIT 1 22,834 18,079 27,076 24,488 29,663 33,233 36,000 37,500
Operating Margin 3.31% 2.75% 3.9% 3.19% 3.57% 3.9% 4.11% 4.24%
Earnings before Tax (EBT) 1 22,662 22,561 27,154 29,293 34,850 35,750 38,600 40,100
Net income 1 14,768 14,452 17,275 21,233 23,850 24,733 26,800 27,150
Net margin 2.14% 2.2% 2.49% 2.76% 2.87% 2.9% 3.06% 3.07%
EPS 2 47.47 46.45 55.51 68.22 76.67 79.50 86.13 87.25
Free Cash Flow 1 -8,566 27,887 11,858 -19,175 16,764 7,450 12,450 18,400
FCF margin -1.24% 4.25% 1.71% -2.5% 2.02% 0.87% 1.42% 2.08%
FCF Conversion (EBITDA) - 73.48% 25.21% - 31.93% 13.11% 20.7% 29.41%
FCF Conversion (Net income) - 192.96% 68.64% - 70.29% 30.12% 46.46% 67.77%
Dividend per Share 2 8.500 9.500 14.00 18.00 24.00 25.33 27.17 28.00
Announcement Date 5/20/20 5/13/21 5/12/22 5/12/23 5/14/24 - - -
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 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4
Net sales 1 344,614 320,819 335,672 339,611 185,668 168,403 184,255 192,952 377,207 201,130 189,844 - 199,800 207,290 407,134 218,347 205,894
EBITDA - - - - - - - - - - - - - - - - -
EBIT 1 - 6,968 11,111 13,866 10,786 2,424 6,676 6,656 13,332 10,033 1,123 11,156 9,700 6,555 16,275 10,080 3,308
Operating Margin - 2.17% 3.31% 4.08% 5.81% 1.44% 3.62% 3.45% 3.53% 4.99% 0.59% - 4.85% 3.16% 4% 4.62% 1.61%
Earnings before Tax (EBT) - 8,023 - 16,407 8,308 - 7,595 - 17,002 9,161 - - 8,941 - 17,454 11,792 -
Net income 1 - 5,034 9,418 11,407 5,194 674 4,233 7,514 11,747 6,842 2,644 - 5,981 - 11,685 8,608 3,557
Net margin - 1.57% 2.81% 3.36% 2.8% 0.4% 2.3% 3.89% 3.11% 3.4% 1.39% - 2.99% - 2.87% 3.94% 1.73%
EPS 2 - 16.18 - 36.66 16.69 - 13.60 24.15 37.75 21.98 8.490 - 19.22 - 37.55 27.67 11.45
Dividend per Share 4.500 4.000 5.500 6.000 - - - - 8.000 - - - - - 10.00 - -
Announcement Date 5/20/20 11/5/20 5/13/21 11/5/21 2/4/22 5/12/22 8/4/22 11/2/22 11/2/22 2/3/23 5/12/23 5/12/23 8/4/23 11/6/23 11/6/23 2/6/24 5/14/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 197,256 173,225 168,241 171,706 189,745 198,550 193,400 198,100
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.636 x 4.565 x 3.576 x 3.807 x 3.614 x 3.495 x 3.215 x 3.166 x
Free Cash Flow 1 -8,566 27,887 11,858 -19,175 16,764 7,450 12,450 18,400
ROE (net income / shareholders' equity) 9.9% 9% 9.6% 10.4% 10.2% 9.87% 10.1% 9.9%
ROA (Net income/ Total Assets) 5.32% 4.71% 6.6% 5.27% 5.53% 6.1% 6.4% -
Assets 1 277,382 307,128 261,790 403,143 431,064 405,464 418,750 -
Book Value Per Share 2 492.0 545.0 610.0 697.0 802.0 868.0 896.0 916.0
Cash Flow per Share 110.0 110.0 119.0 134.0 148.0 - - -
Capex 1 27,352 22,613 19,352 24,585 28,582 38,000 35,000 30,000
Capex / Sales 3.96% 3.44% 2.79% 3.2% 3.44% 4.46% 3.99% 3.4%
Announcement Date 5/20/20 5/13/21 5/12/22 5/12/23 5/14/24 - - -
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
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
835.4 JPY
Average target price
1,080 JPY
Spread / Average Target
+29.28%
Consensus
  1. Stock Market
  2. Equities
  3. 1332 Stock
  4. Financials Nissui Corporation