Financials Shinko Electric Industries Co., Ltd.

Equities

6967

JP3375800004

Semiconductors

Delayed Japan Exchange 01:12:20 2024-07-16 am EDT 5-day change 1st Jan Change
5,690 JPY +0.04% Intraday chart for Shinko Electric Industries Co., Ltd. +0.30% +3.76%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 139,953 462,684 790,276 551,235 758,955 768,548 - -
Enterprise Value (EV) 1 120,271 444,628 750,801 464,910 706,148 704,461 690,008 634,917
P/E ratio 52 x 25.7 x 15 x 10.1 x 40.8 x 23.5 x 18.2 x 14.9 x
Yield 2.41% 0.88% 0.77% 1.23% 0.45% 1.05% 1.1% 1.1%
Capitalization / Revenue 0.94 x 2.46 x 2.91 x 1.92 x 3.61 x 3.16 x 2.79 x 2.5 x
EV / Revenue 0.81 x 2.36 x 2.76 x 1.62 x 3.36 x 2.89 x 2.51 x 2.07 x
EV / EBITDA 6.86 x 10.9 x 7.38 x 4.17 x 13.5 x 8.44 x 6.31 x 4.92 x
EV / FCF -5.25 x 269 x 30 x 8.77 x -37.7 x -47.6 x 26.1 x 9.97 x
FCF Yield -19% 0.37% 3.33% 11.4% -2.65% -2.1% 3.83% 10%
Price to Book 1.02 x 3.02 x 3.91 x 2.2 x 2.86 x 2.69 x 2.32 x 1.99 x
Nbr of stocks (in thousands) 135,090 135,090 135,090 135,107 135,118 135,117 - -
Reference price 2 1,036 3,425 5,850 4,080 5,617 5,688 5,688 5,688
Announcement Date 4/27/20 4/27/21 4/28/22 4/27/23 4/25/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 148,332 188,059 271,949 286,358 209,972 243,390 275,337 307,289
EBITDA 1 17,544 40,962 101,672 111,462 52,449 83,451 109,320 129,124
EBIT 1 3,227 23,328 71,394 76,712 24,810 46,200 59,296 71,890
Operating Margin 2.18% 12.4% 26.25% 26.79% 11.82% 18.98% 21.54% 23.39%
Earnings before Tax (EBT) 1 3,940 25,631 74,743 77,460 25,915 46,280 59,435 73,864
Net income 1 2,690 18,018 52,628 54,488 18,609 33,082 42,337 51,407
Net margin 1.81% 9.58% 19.35% 19.03% 8.86% 13.59% 15.38% 16.73%
EPS 2 19.92 133.4 389.6 403.3 137.7 242.3 313.3 380.5
Free Cash Flow 1 -22,895 1,653 25,011 53,024 -18,733 -14,795 26,456 63,669
FCF margin -15.43% 0.88% 9.2% 18.52% -8.92% -6.08% 9.61% 20.72%
FCF Conversion (EBITDA) - 4.04% 24.6% 47.57% - - 24.2% 49.31%
FCF Conversion (Net income) - 9.17% 47.52% 97.31% - - 62.49% 123.85%
Dividend per Share 2 25.00 30.00 45.00 50.00 25.00 60.00 62.50 62.50
Announcement Date 4/27/20 4/27/21 4/28/22 4/27/23 4/25/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S2 2021 S1 2021 S2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 S1 2025 Q3 2025 Q4 2026 Q1 2026 S1 2026 S2
Net sales 1 79,076 84,465 103,594 125,922 74,899 71,128 146,027 79,383 77,622 157,005 75,538 53,815 - 49,206 55,903 105,109 51,529 53,334 53,891 58,632 107,100 62,403 70,555 - - -
EBITDA - - - 41,716 31,207 28,749 59,956 33,842 33,358 - 29,191 15,071 - 9,994 14,404 - - - - - - - - - - -
EBIT 1 4,178 7,248 16,080 30,067 22,429 18,898 41,327 26,017 24,935 50,952 20,208 5,552 - 3,695 7,775 11,470 6,526 6,814 7,866 11,520 20,300 13,334 16,114 - 26,500 24,500
Operating Margin 5.28% 8.58% 15.52% 23.88% 29.95% 26.57% 28.3% 32.77% 32.12% 32.45% 26.75% 10.32% - 7.51% 13.91% 10.91% 12.66% 12.78% 14.6% 19.65% 18.95% 21.37% 22.84% - - -
Earnings before Tax (EBT) - 7,963 - 30,976 23,005 20,762 - 27,869 26,153 54,022 17,994 5,444 - 5,220 8,224 13,444 5,098 7,373 - - - - - - - -
Net income 1 3,689 5,572 12,446 21,710 16,147 14,771 30,918 19,548 18,325 37,873 12,633 3,982 - 3,653 6,127 9,780 3,601 5,228 6,063 8,031 - 9,098 10,829 - 18,800 17,400
Net margin 4.67% 6.6% 12.01% 17.24% 21.56% 20.77% 21.17% 24.62% 23.61% 24.12% 16.72% 7.4% - 7.42% 10.96% 9.3% 6.99% 9.8% 11.25% 13.7% - 14.58% 15.35% - - -
EPS 2 - 41.25 92.13 160.7 119.5 109.3 228.9 144.7 135.6 280.3 93.51 29.47 - 27.04 45.35 72.39 26.65 38.69 44.27 58.59 - 69.20 74.12 - - -
Dividend per Share 2 - 12.50 - 17.50 - - - - - 25.00 - - 25.00 - 25.00 25.00 - - - - - - - - - -
Announcement Date 4/27/20 10/27/20 4/27/21 10/26/21 1/27/22 4/28/22 4/28/22 7/29/22 10/27/22 10/27/22 1/31/23 4/27/23 4/27/23 7/27/23 10/26/23 10/26/23 1/31/24 4/25/24 - - - - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 - - - - - - - -
Net Cash position 1 19,682 18,056 39,475 86,325 52,807 64,087 78,540 133,632
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 -22,895 1,653 25,011 53,024 -18,733 -14,795 26,456 63,669
ROE (net income / shareholders' equity) 1.9% 12.4% 29.6% 24.1% 7.2% 12% 14% 14.6%
ROA (Net income/ Total Assets) 2.5% 11.9% 27.1% 22.3% 6.98% 10.9% 12.6% 15.8%
Assets 1 107,525 151,228 194,505 244,366 266,496 303,983 335,832 325,361
Book Value Per Share 2 1,019 1,135 1,495 1,858 1,961 2,116 2,448 2,856
Cash Flow per Share 2 126.0 264.0 614.0 661.0 342.0 549.0 646.0 801.0
Capex 1 15,253 30,396 57,713 26,014 63,693 68,800 63,600 44,000
Capex / Sales 10.28% 16.16% 21.22% 9.08% 30.33% 28.27% 23.1% 14.32%
Announcement Date 4/27/20 4/27/21 4/28/22 4/27/23 4/25/24 - - -
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
HOLD
Number of Analysts
7
Last Close Price
5,688 JPY
Average target price
5,943 JPY
Spread / Average Target
+4.48%
Consensus
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