Financials Daido Kogyo Co., Ltd.

Equities

6373

JP3489000004

Industrial Machinery & Equipment

Market Closed - Japan Exchange 02:00:00 2024-05-07 am EDT 5-day change 1st Jan Change
726 JPY +0.41% Intraday chart for Daido Kogyo Co., Ltd. +1.11% 0.00%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 13,658 9,287 7,573 10,563 10,181 8,023
Enterprise Value (EV) 1 22,717 19,377 20,904 23,451 23,725 24,616
P/E ratio 9.65 x 10.5 x -3.94 x 10.1 x 4.34 x -31.8 x
Yield 2.41% 4.11% 2.16% 1.55% 3.75% 1.98%
Capitalization / Revenue 0.29 x 0.2 x 0.16 x 0.25 x 0.2 x 0.15 x
EV / Revenue 0.48 x 0.41 x 0.44 x 0.55 x 0.48 x 0.45 x
EV / EBITDA 4.35 x 4.83 x 5.44 x 6.16 x 4.35 x 5.75 x
EV / FCF 22.1 x -7.66 x -16.5 x 65.8 x -214 x -8.49 x
FCF Yield 4.53% -13.1% -6.05% 1.52% -0.47% -11.8%
Price to Book 0.57 x 0.39 x 0.36 x 0.46 x 0.39 x 0.3 x
Nbr of stocks (in thousands) 9,413 10,913 10,912 10,912 10,912 10,612
Reference price 2 1,451 851.0 694.0 968.0 933.0 756.0
Announcement Date 6/27/18 6/26/19 7/30/20 6/25/21 6/27/22 6/26/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 47,155 47,543 47,510 42,478 49,847 55,054
EBITDA 1 5,219 4,010 3,842 3,810 5,460 4,283
EBIT 1 2,913 1,442 1,166 1,243 2,708 1,380
Operating Margin 6.18% 3.03% 2.45% 2.93% 5.43% 2.51%
Earnings before Tax (EBT) 1 2,660 1,819 -1,097 1,391 3,445 885
Net income 1 1,415 844 -1,920 1,049 2,347 -257
Net margin 3% 1.78% -4.04% 2.47% 4.71% -0.47%
EPS 2 150.3 80.87 -176.0 96.13 215.1 -23.80
Free Cash Flow 1 1,029 -2,530 -1,266 356.6 -110.9 -2,901
FCF margin 2.18% -5.32% -2.66% 0.84% -0.22% -5.27%
FCF Conversion (EBITDA) 19.72% - - 9.36% - -
FCF Conversion (Net income) 72.75% - - 34% - -
Dividend per Share 2 35.00 35.00 15.00 15.00 35.00 15.00
Announcement Date 6/27/18 6/26/19 7/30/20 6/25/21 6/27/22 6/26/23
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 23,629 18,979 25,055 12,296 12,430 26,417 14,502 13,785 27,705 14,307
EBITDA - - - - - - - - - -
EBIT 1 603 20 1,662 538 437 806 166 -57 -309 313
Operating Margin 2.55% 0.11% 6.63% 4.38% 3.52% 3.05% 1.14% -0.41% -1.12% 2.19%
Earnings before Tax (EBT) 1 577 -77 2,172 834 1,086 1,590 138 460 444 459
Net income 1 166 -366 1,587 499 734 921 -106 410 367 230
Net margin 0.7% -1.93% 6.33% 4.06% 5.91% 3.49% -0.73% 2.97% 1.32% 1.61%
EPS 2 15.22 -33.58 145.5 45.71 67.28 84.40 -9.280 38.64 34.64 21.84
Dividend per Share - - - - - - - - - -
Announcement Date 11/13/19 11/12/20 11/12/21 1/28/22 7/29/22 11/11/22 1/31/23 7/31/23 11/10/23 1/31/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 9,059 10,090 13,331 12,888 13,544 16,593
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.736 x 2.516 x 3.47 x 3.383 x 2.481 x 3.874 x
Free Cash Flow 1 1,029 -2,530 -1,266 357 -111 -2,901
ROE (net income / shareholders' equity) 7.04% 4.05% -6.14% 4.51% 8.8% -0.1%
ROA (Net income/ Total Assets) 3% 1.45% 1.18% 1.2% 2.43% 1.19%
Assets 1 47,219 58,199 -162,203 87,614 96,652 -21,532
Book Value Per Share 2 2,539 2,186 1,917 2,107 2,421 2,534
Cash Flow per Share 2 898.0 701.0 739.0 1,168 1,056 781.0
Capex 1 3,385 4,527 3,888 2,399 3,207 3,980
Capex / Sales 7.18% 9.52% 8.18% 5.65% 6.43% 7.23%
Announcement Date 6/27/18 6/26/19 7/30/20 6/25/21 6/27/22 6/26/23
1JPY in Million2JPY
Estimates
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