Financials Aichi Electric Co., Ltd.

Equities

6623

JP3104000009

Electrical Components & Equipment

End-of-day quote NAGOYA STOCK EXCHANGE 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
4,050 JPY -0.12% Intraday chart for Aichi Electric Co., Ltd. +0.37% +10.81%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 32,506 26,289 18,336 26,469 25,908 34,259
Enterprise Value (EV) 1 18,155 9,068 3,805 11,419 17,304 29,994
P/E ratio 9.7 x 8.46 x 6.7 x 7.93 x 4.66 x 5.75 x
Yield 2.48% 3.25% 4.66% 3.33% 4.21% 4.43%
Capitalization / Revenue 0.42 x 0.33 x 0.24 x 0.35 x 0.27 x 0.3 x
EV / Revenue 0.23 x 0.11 x 0.05 x 0.15 x 0.18 x 0.26 x
EV / EBITDA 2.41 x 1.4 x 0.72 x 1.65 x 1.71 x 2.5 x
EV / FCF 40.1 x 2.14 x -4.09 x -34.3 x -4.57 x -7.2 x
FCF Yield 2.5% 46.8% -24.5% -2.91% -21.9% -13.9%
Price to Book 0.64 x 0.5 x 0.34 x 0.47 x 0.42 x 0.51 x
Nbr of stocks (in thousands) 9,491 9,491 9,491 9,490 9,490 9,490
Reference price 2 3,425 2,770 1,932 2,789 2,730 3,610
Announcement Date 6/28/18 6/27/19 6/26/20 6/29/21 6/29/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 78,232 80,034 75,030 75,619 94,381 114,286
EBITDA 1 7,524 6,485 5,303 6,914 10,120 11,978
EBIT 1 5,136 4,237 2,802 4,180 6,669 7,505
Operating Margin 6.57% 5.29% 3.73% 5.53% 7.07% 6.57%
Earnings before Tax (EBT) 1 4,770 4,544 3,373 4,774 7,853 8,493
Net income 1 3,351 3,109 2,735 3,338 5,564 5,954
Net margin 4.28% 3.88% 3.65% 4.41% 5.9% 5.21%
EPS 2 353.1 327.6 288.2 351.7 586.3 627.5
Free Cash Flow 1 453 4,244 -930.6 -332.6 -3,784 -4,168
FCF margin 0.58% 5.3% -1.24% -0.44% -4.01% -3.65%
FCF Conversion (EBITDA) 6.02% 65.44% - - - -
FCF Conversion (Net income) 13.52% 136.49% - - - -
Dividend per Share 2 85.00 90.00 90.00 93.00 115.0 160.0
Announcement Date 6/28/18 6/27/19 6/26/20 6/29/21 6/29/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 35,618 32,395 41,871 24,343 26,511 55,281 30,577 26,710 53,788 28,925
EBITDA - - - - - - - - - -
EBIT 1 1,437 1,312 3,035 2,147 2,192 4,649 2,089 1,930 3,258 2,187
Operating Margin 4.03% 4.05% 7.25% 8.82% 8.27% 8.41% 6.83% 7.23% 6.06% 7.56%
Earnings before Tax (EBT) 1 1,714 1,615 3,441 2,417 2,828 5,615 2,147 2,512 4,440 2,117
Net income 1 1,190 1,057 2,364 1,664 2,001 3,837 1,524 1,679 3,015 1,480
Net margin 3.34% 3.26% 5.65% 6.84% 7.55% 6.94% 4.98% 6.29% 5.61% 5.12%
EPS 2 125.4 111.4 249.2 175.3 210.9 404.4 160.6 177.0 317.8 155.9
Dividend per Share 45.00 45.00 50.00 - - 80.00 - - 80.00 -
Announcement Date 10/30/19 10/30/20 10/29/21 1/31/22 7/29/22 10/31/22 1/31/23 7/26/23 10/31/23 1/31/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 14,351 17,221 14,531 15,050 8,604 4,265
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 453 4,244 -931 -333 -3,784 -4,168
ROE (net income / shareholders' equity) 6.74% 5.99% 5.17% 6.03% 9.19% 9.12%
ROA (Net income/ Total Assets) 3.66% 2.96% 1.96% 2.83% 4.04% 4.01%
Assets 1 91,565 104,991 139,655 118,113 137,829 148,312
Book Value Per Share 2 5,351 5,505 5,616 5,936 6,557 7,072
Cash Flow per Share 2 1,411 1,988 1,787 1,907 1,807 2,207
Capex 1 1,926 2,182 3,271 6,662 5,109 6,748
Capex / Sales 2.46% 2.73% 4.36% 8.81% 5.41% 5.9%
Announcement Date 6/28/18 6/27/19 6/26/20 6/29/21 6/29/22 6/29/23
1JPY in Million2JPY
Estimates
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