Financials Panasonic Holdings Corporation

Equities

6752

JP3866800000

Household Electronics

Market Closed - Japan Exchange 02:00:00 2024-07-03 am EDT 5-day change 1st Jan Change
1,305 JPY -1.36% Intraday chart for Panasonic Holdings Corporation -0.57% -6.55%

Valuation

Fiscal Period: März 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 1,924,610 3,321,414 2,773,723 2,758,854 3,374,273 3,088,354 - -
Enterprise Value (EV) 1 2,230,981 2,917,708 3,198,453 3,396,462 3,880,927 3,611,144 3,380,775 3,079,308
P/E ratio 8.53 x 20.1 x 10.9 x 10.4 x 7.6 x 8.86 x 7.46 x 6.99 x
Yield 3.64% 1.4% 2.52% 2.54% 2.42% 2.93% 3.31% 3.59%
Capitalization / Revenue 0.26 x 0.5 x 0.38 x 0.33 x 0.4 x 0.36 x 0.36 x 0.35 x
EV / Revenue 0.3 x 0.44 x 0.43 x 0.41 x 0.46 x 0.42 x 0.39 x 0.35 x
EV / EBITDA 3.35 x 5.06 x 4.59 x 5.06 x 5.1 x 4.22 x 3.51 x 2.99 x
EV / FCF 9.95 x 4.29 x -5.88 x 16 x 13.5 x 298 x 11.7 x 7.96 x
FCF Yield 10% 23.3% -17% 6.23% 7.42% 0.34% 8.58% 12.6%
Price to Book 0.96 x 1.28 x 0.88 x 0.76 x 0.74 x 0.67 x 0.63 x 0.57 x
Nbr of stocks (in thousands) 2,332,860 2,333,273 2,333,802 2,334,056 2,334,330 2,334,357 - -
Reference price 2 825.0 1,424 1,188 1,182 1,446 1,323 1,323 1,323
Announcement Date 5/18/20 5/10/21 5/11/22 5/10/23 5/9/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 7,490,601 6,698,794 7,388,791 8,378,942 8,496,420 8,632,954 8,645,249 8,843,303
EBITDA 1 666,726 576,172 696,674 670,859 760,946 855,547 962,219 1,030,329
EBIT 1 293,751 258,600 357,526 288,570 360,962 418,888 518,588 560,421
Operating Margin 3.92% 3.86% 4.84% 3.44% 4.25% 4.85% 6% 6.34%
Earnings before Tax (EBT) 1 291,050 260,820 360,395 316,409 425,239 462,088 551,048 584,577
Net income 1 225,707 165,077 255,334 265,502 443,994 348,663 414,155 439,914
Net margin 3.01% 2.46% 3.46% 3.17% 5.23% 4.04% 4.79% 4.97%
EPS 2 96.76 70.75 109.4 113.8 190.2 149.4 177.4 189.3
Free Cash Flow 1 224,207 680,634 -543,519 211,642 288,055 12,133 290,151 386,842
FCF margin 2.99% 10.16% -7.36% 2.53% 3.39% 0.14% 3.36% 4.37%
FCF Conversion (EBITDA) 33.63% 118.13% - 31.55% 37.85% 1.42% 30.15% 37.55%
FCF Conversion (Net income) 99.34% 412.31% - 79.71% 64.88% 3.48% 70.06% 87.94%
Dividend per Share 2 30.00 20.00 30.00 30.00 35.00 38.75 43.75 47.50
Announcement Date 5/18/20 5/10/21 5/11/22 5/10/23 5/9/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: März 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 2027 S1
Net sales 1 3,646,177 3,059,155 3,639,639 3,533,554 1,889,802 1,965,435 3,855,237 1,973,861 2,090,068 4,063,929 2,160,592 2,154,421 4,315,013 2,029,694 2,089,730 4,119,424 2,180,882 2,196,114 4,376,996 2,045,892 2,115,952 4,240,000 2,227,276 2,187,681 4,400,000 - - - -
EBITDA 1 - - - - 160,767 176,826 - 156,858 181,431 - 180,740 151,830 - 186,786 201,380 - 227,731 - - 205,569 217,644 - 239,955 - - - - - -
EBIT 1 153,459 96,627 161,973 201,202 72,949 83,375 156,324 63,700 86,059 149,759 84,461 54,350 138,811 90,372 102,463 192,835 127,422 40,705 168,127 94,863 102,977 218,000 123,223 86,817 242,000 - - - -
Operating Margin 4.21% 3.16% 4.45% 5.69% 3.86% 4.24% 4.05% 3.23% 4.12% 3.69% 3.91% 2.52% 3.22% 4.45% 4.9% 4.68% 5.84% 1.85% 3.84% 4.64% 4.87% 5.14% 5.53% 3.97% 5.5% - - - -
Earnings before Tax (EBT) 1 153,146 93,175 167,645 205,762 73,614 81,019 154,633 73,544 93,076 166,620 88,827 60,962 149,789 108,733 115,598 224,331 144,453 56,455 200,908 108,202 113,498 228,000 139,867 101,433 252,000 - - - -
Net income 1 124,788 48,864 116,213 153,043 42,591 59,700 102,291 48,949 58,388 107,337 55,533 102,632 158,165 200,925 87,454 288,379 110,799 44,816 155,615 77,167 83,435 175,750 103,437 85,272 194,950 - - - -
Net margin 3.42% 1.6% 3.19% 4.33% 2.25% 3.04% 2.65% 2.48% 2.79% 2.64% 2.57% 4.76% 3.67% 9.9% 4.18% 7% 5.08% 2.04% 3.56% 3.77% 3.94% 4.15% 4.64% 3.9% 4.43% - - - -
EPS 2 53.49 20.94 49.81 65.59 18.00 25.82 43.82 20.97 25.02 45.99 23.79 43.97 67.76 86.06 37.47 123.6 47.46 19.20 66.66 28.74 32.00 75.30 38.63 32.34 83.50 - - - -
Dividend per Share 2 15.00 10.00 10.00 15.00 - 15.00 15.00 - 15.00 15.00 - 15.00 15.00 - 17.50 17.50 - 17.50 17.50 - 15.00 20.00 - 20.00 20.00 - 25.00 25.00 27.50
Announcement Date 5/18/20 10/29/20 5/10/21 10/28/21 2/2/22 5/11/22 5/11/22 7/28/22 10/31/22 10/31/22 2/2/23 5/10/23 5/10/23 7/31/23 10/30/23 10/30/23 2/2/24 5/9/24 5/9/24 - - - - - - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: März 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 306,371 - 424,730 637,608 506,654 522,790 292,421 -
Net Cash position 1 - 403,706 - - - - - 9,046
Leverage (Debt/EBITDA) 0.4595 x - 0.6097 x 0.9504 x 0.6658 x 0.6111 x 0.3039 x -
Free Cash Flow 1 224,207 680,634 -543,519 211,642 288,055 12,133 290,151 386,842
ROE (net income / shareholders' equity) 11.5% 7.2% 8.9% 7.8% 10.9% 7.85% 8.78% 8.84%
ROA (Net income/ Total Assets) 4.76% 3.99% 4.85% 3.93% 4.87% 4.19% 4.74% 4.61%
Assets 1 4,743,089 4,134,709 5,267,812 6,747,758 9,120,628 8,312,217 8,731,194 9,548,645
Book Value Per Share 2 857.0 1,112 1,356 1,550 1,947 1,967 2,096 2,303
Cash Flow per Share 2 257.0 207.0 255.0 278.0 362.0 324.0 359.0 402.0
Capex 1 273,920 231,118 233,967 309,100 547,470 623,050 479,793 460,833
Capex / Sales 3.66% 3.45% 3.17% 3.69% 6.44% 7.22% 5.55% 5.21%
Announcement Date 5/18/20 5/10/21 5/11/22 5/10/23 5/9/24 - - -
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
1,323 JPY
Average target price
1,771 JPY
Spread / Average Target
+33.83%
Consensus
  1. Stock Market
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  4. Financials Panasonic Holdings Corporation