RESONAC HOLDING CORPORATION |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3,833 JPY | +8.06% |
|
+10.18% | +36.33% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 422,895 | 320,505 | 437,302 | 365,856 | 508,992 | 642,486 | - | - |
| Enterprise Value (EV) 1 | 599,333 | 1,156,920 | 1,031,821 | 1,226,226 | 1,370,035 | 1,429,211 | 1,402,786 | 1,351,538 |
| P/E ratio | 5.79 x | -4.2 x | -31.2 x | 11.9 x | -26.9 x | 24.5 x | 15.2 x | 11.8 x |
| Yield | 4.48% | 2.96% | 2.69% | 3.22% | 2.31% | 1.83% | 1.96% | 2.24% |
| Capitalization / Revenue | 0.47 x | 0.33 x | 0.31 x | 0.26 x | 0.39 x | 0.47 x | 0.44 x | 0.43 x |
| EV / Revenue | 0.66 x | 1.19 x | 0.73 x | 0.88 x | 1.06 x | 1.04 x | 0.97 x | 0.89 x |
| EV / EBITDA | 3.78 x | 23.5 x | 5.09 x | 7.26 x | 13 x | 9.26 x | 7.97 x | 6.65 x |
| EV / FCF | 21.1 x | -5.68 x | 7.17 x | 27.4 x | 62.1 x | 23 x | 43.6 x | 23.5 x |
| FCF Yield | 4.73% | -17.6% | 13.9% | 3.64% | 1.61% | 4.34% | 2.29% | 4.25% |
| Price to Book | 0.85 x | 0.79 x | 0.85 x | 0.66 x | 0.92 x | 1.15 x | 1.1 x | 1.03 x |
| Nbr of stocks (in thousands) | 145,876 | 145,883 | 181,077 | 181,117 | 181,136 | 181,135 | - | - |
| Reference price 2 | 2,899 | 2,197 | 2,415 | 2,020 | 2,810 | 3,547 | 3,547 | 3,547 |
| Announcement Date | 2/13/20 | 2/17/21 | 2/14/22 | 2/14/23 | 2/14/24 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 906,454 | 973,700 | 1,419,635 | 1,392,600 | 1,288,900 | 1,369,599 | 1,444,789 | 1,511,370 |
| EBITDA 1 | 158,502 | 49,194 | 202,644 | 168,900 | 105,700 | 154,320 | 176,020 | 203,150 |
| EBIT 1 | 120,798 | -19,449 | 87,198 | 59,400 | -3,800 | 50,290 | 68,457 | 87,533 |
| Operating Margin | 13.33% | -2% | 6.14% | 4.27% | -0.29% | 3.67% | 4.74% | 5.79% |
| Earnings before Tax (EBT) 1 | 97,883 | -68,260 | 22,926 | 48,600 | -26,200 | 36,418 | 57,363 | 76,513 |
| Net income 1 | 73,088 | -76,304 | -12,094 | 30,800 | -19,000 | 25,265 | 35,357 | 50,398 |
| Net margin | 8.06% | -7.84% | -0.85% | 2.21% | -1.47% | 1.84% | 2.45% | 3.33% |
| EPS 2 | 501.0 | -523.1 | -77.40 | 170.0 | -104.6 | 144.6 | 233.4 | 300.8 |
| Free Cash Flow 1 | 28,338 | -203,725 | 143,889 | 44,682 | 22,053 | 62,067 | 32,167 | 57,500 |
| FCF margin | 3.13% | -20.92% | 10.14% | 3.21% | 1.71% | 4.53% | 2.23% | 3.8% |
| FCF Conversion (EBITDA) | 17.88% | - | 71.01% | 26.45% | 20.86% | 40.22% | 18.27% | 28.3% |
| FCF Conversion (Net income) | 38.77% | - | - | 145.07% | - | 245.66% | 90.98% | 114.09% |
| Dividend per Share 2 | 130.0 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 69.44 | 79.38 |
| Announcement Date | 2/13/20 | 2/17/21 | 2/14/22 | 2/14/23 | 2/14/24 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 Q4 | 2021 S2 | 2022 Q1 | 2022 Q2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 430,960 | 326,621 | 647,079 | 693,358 | 367,939 | 726,277 | 308,000 | 348,033 | 656,033 | 378,119 | 358,448 | 736,567 | 298,900 | 317,200 | 616,126 | 326,200 | 346,593 | 672,774 | 321,374 | 344,352 | 675,000 | 348,119 | 352,202 | 705,000 | 358,000 | 376,000 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 35,327 | -25,795 | 6,346 | 47,566 | 15,272 | 39,632 | 15,400 | 21,682 | 37,082 | 16,454 | 5,864 | 22,318 | -9,200 | -4,000 | -13,165 | 8,900 | 509 | 9,365 | 8,944 | 8,130 | 17,500 | 15,993 | 17,299 | 33,500 | 14,000 | 22,000 |
| Operating Margin | 8.2% | -7.9% | 0.98% | 6.86% | 4.15% | 5.46% | 5% | 6.23% | 5.65% | 4.35% | 1.64% | 3.03% | -3.08% | -1.26% | -2.14% | 2.73% | 0.15% | 1.39% | 2.78% | 2.36% | 2.59% | 4.59% | 4.91% | 4.75% | 3.91% | 5.85% |
| Earnings before Tax (EBT) | - | -49,598 | - | -161 | - | - | 17,621 | - | 44,066 | 3,091 | - | - | -14,746 | - | -14,996 | 22,662 | - | - | 29,694 | - | - | - | - | - | - | - |
| Net income 1 | 7,275 | -54,575 | -21,729 | -13,412 | -1,764 | 1,318 | 8,400 | 23,327 | 31,727 | 7,953 | -8,880 | -927 | -12,300 | -7,600 | -19,817 | 13,400 | -12,633 | 817 | 27,063 | -7,000 | 20,100 | 5,700 | 3,800 | 9,500 | 9,000 | 13,600 |
| Net margin | 1.69% | -16.71% | -3.36% | -1.93% | -0.48% | 0.18% | 2.73% | 6.7% | 4.84% | 2.1% | -2.48% | -0.13% | -4.12% | -2.4% | -3.22% | 4.11% | -3.64% | 0.12% | 8.42% | -2.03% | 2.98% | 1.64% | 1.08% | 1.35% | 2.51% | 3.62% |
| EPS | - | -374.1 | - | -91.93 | - | - | 46.58 | - | 175.2 | - | - | - | -67.71 | - | -109.4 | 74.26 | - | - | 149.5 | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | 65.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/13/20 | 8/12/20 | 2/17/21 | 8/10/21 | 2/14/22 | 2/14/22 | 5/11/22 | 8/4/22 | 8/4/22 | 11/7/22 | 2/14/23 | 2/14/23 | 5/15/23 | 8/8/23 | 8/8/23 | 11/9/23 | 2/14/24 | 2/14/24 | 5/15/24 | - | - | - | - | - | - | - |
1JPY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 176,438 | 836,415 | 594,519 | 860,370 | 861,043 | 786,725 | 760,300 | 709,052 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.113 x | 17 x | 2.934 x | 5.094 x | 8.146 x | 5.098 x | 4.319 x | 3.49 x |
| Free Cash Flow 1 | 28,338 | -203,725 | 143,889 | 44,682 | 22,053 | 62,067 | 32,167 | 57,500 |
| ROE (net income / shareholders' equity) | 15.5% | -16.9% | -2.6% | 5.8% | -3.4% | 4.03% | 6.28% | 8.31% |
| ROA (Net income/ Total Assets) | 11.1% | -2.68% | 4% | 2.8% | -0.71% | 2.13% | 2.97% | 3.86% |
| Assets 1 | 659,278 | 2,845,922 | -302,555 | 1,100,601 | 2,657,380 | 1,184,314 | 1,189,146 | 1,306,785 |
| Book Value Per Share 2 | 3,423 | 2,783 | 2,839 | 3,038 | 3,052 | 3,082 | 3,239 | 3,460 |
| Cash Flow per Share 2 | 760.0 | -52.50 | 548.0 | 682.0 | 406.0 | 673.0 | 909.0 | 1,038 |
| Capex 1 | 50,216 | 313,011 | 78,600 | 107,074 | 96,633 | 125,547 | 119,967 | 118,767 |
| Capex / Sales | 5.54% | 32.15% | 5.54% | 7.69% | 7.5% | 9.17% | 8.3% | 7.86% |
| Announcement Date | 2/13/20 | 2/17/21 | 2/14/22 | 2/14/23 | 2/14/24 | - | - | - |
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
A-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
3,547
JPY
Average target price
4,196
JPY
Spread / Average Target
+18.28%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +36.33% | 4.04B | |
| +2.28% | 102B | |
| -10.54% | 59.6B | |
| +77.62% | 48.89B | |
| +3.15% | 35.03B | |
| -0.66% | 30.47B | |
| +1.91% | 18.26B | |
| +17.26% | 17.47B | |
| +4.18% | 13.62B | |
| +82.49% | 13.18B |
- Stock Market
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- 4004 Stock
- Financials Resonac Holding Corporation
