JAPAN AVIATION ELECTRONICS INDUSTRY, LIMITED Financials Japan Aviation Electronics Industry, Limited
Equities
6807
JP3705600009
Electronic Equipment & Parts
|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2,472 JPY | -1.20% |
|
+6.96% | -23.29% |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 140,106 | 118,333 | 162,813 | 181,151 | 209,321 | 168,514 | - | - |
| Enterprise Value (EV) 1 | 102,172 | 80,383 | 117,357 | 133,008 | 156,098 | 226,055 | 132,134 | 125,393 |
| P/E ratio | 10.4 x | 10.6 x | 28.6 x | 12.6 x | 14.3 x | 18.1 x | 15.1 x | 12.9 x |
| Yield | 2.27% | 3.07% | 1.4% | 1.76% | 2.18% | 2.22% | 2.14% | 2.28% |
| Capitalization / Revenue | 0.63 x | 0.57 x | 0.78 x | 0.8 x | 0.89 x | 1 x | 0.74 x | 0.69 x |
| EV / Revenue | 0.46 x | 0.39 x | 0.56 x | 0.59 x | 0.66 x | 1 x | 0.58 x | 0.51 x |
| EV / EBITDA | 2.77 x | 2.28 x | 3.92 x | 3.46 x | 4.1 x | 6.45 x | 3.4 x | 3.05 x |
| EV / FCF | 7.03 x | 23.8 x | 11.4 x | 24.3 x | 17.3 x | 16.6 x | 9.85 x | 8.29 x |
| FCF Yield | 14.2% | 4.21% | 8.79% | 4.11% | 5.78% | 6.03% | 10.2% | 12.1% |
| Price to Book | 1.07 x | 0.87 x | 1.15 x | 1.15 x | 1.22 x | 1.32 x | 1.31 x | 1.2 x |
| Nbr of stocks (in thousands) | 90,919 | 90,955 | 90,957 | 90,985 | 91,089 | 67,352 | - | - |
| Reference price 2 | 1,541 | 1,301 | 1,790 | 1,991 | 2,298 | 2,502 | 2,502 | 2,502 |
| Announcement Date | 4/24/19 | 4/24/20 | 4/27/21 | 4/27/22 | 4/27/23 | 4/24/24 | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Maart | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 222,140 | 208,106 | 209,711 | 225,079 | 235,864 | 225,781 | 229,186 | 243,883 |
| EBITDA 1 | 36,865 | 35,280 | 29,947 | 38,469 | 38,117 | 35,061 | 38,842 | 41,153 |
| EBIT 1 | 17,302 | 14,150 | 8,706 | 18,049 | 17,562 | 14,423 | 16,403 | 19,011 |
| Operating Margin | 7.79% | 6.8% | 4.15% | 8.02% | 7.45% | 6.39% | 7.16% | 7.79% |
| Earnings before Tax (EBT) 1 | 18,041 | 15,085 | 7,880 | 18,594 | 19,115 | 16,393 | 16,140 | 18,070 |
| Net income 1 | 13,508 | 11,141 | 5,692 | 14,325 | 14,639 | 12,245 | 12,367 | 14,264 |
| Net margin | 6.08% | 5.35% | 2.71% | 6.36% | 6.21% | 5.42% | 5.4% | 5.85% |
| EPS 2 | 148.6 | 122.5 | 62.58 | 157.5 | 160.8 | 137.1 | 165.2 | 194.1 |
| Free Cash Flow 1 | 14,526 | 3,383 | 10,312 | 5,473 | 9,019 | 13,623 | 13,420 | 15,125 |
| FCF margin | 6.54% | 1.63% | 4.92% | 2.43% | 3.82% | 6.03% | 5.86% | 6.2% |
| FCF Conversion (EBITDA) | 39.4% | 9.59% | 34.43% | 14.23% | 23.66% | 38.86% | 34.55% | 36.75% |
| FCF Conversion (Net income) | 107.54% | 30.37% | 181.17% | 38.21% | 61.61% | 111.25% | 108.52% | 106.04% |
| Dividend per Share 2 | 35.00 | 40.00 | 25.00 | 35.00 | 50.00 | 55.00 | 53.57 | 57.14 |
| Announcement Date | 4/24/19 | 4/24/20 | 4/27/21 | 4/27/22 | 4/27/23 | 4/24/24 | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 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 | 2025 S1 | 2025 Q3 | 2025 Q4 | 2025 S2 | 2026 S1 | 2026 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 100,787 | 107,319 | 97,175 | 112,536 | 59,483 | 112,025 | 57,726 | 55,328 | 113,054 | 56,452 | 65,754 | 122,206 | 61,556 | 52,102 | 113,658 | 51,734 | 61,551 | 113,285 | 58,065 | 54,431 | 112,496 | 53,518 | 59,935 | 110,479 | 60,734 | 56,605 | 114,358 | 116,928 | 119,991 |
| EBITDA 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,067 | - | 10,030 | 8,388 | - | 8,025 | 10,024 | - | 10,356 | 8,999 | - | - | - |
| EBIT 1 | 7,171 | 6,979 | 917 | 7,789 | 5,619 | 9,223 | 5,250 | 3,576 | 8,826 | 5,225 | 5,597 | 10,822 | 5,363 | 1,377 | 6,740 | 1,828 | 4,942 | 6,770 | 4,729 | 2,924 | 7,653 | 2,757 | 4,986 | 7,387 | 5,124 | 3,663 | 8,725 | 8,515 | 8,646 |
| Operating Margin | 7.12% | 6.5% | 0.94% | 6.92% | 9.45% | 8.23% | 9.09% | 6.46% | 7.81% | 9.26% | 8.51% | 8.86% | 8.71% | 2.64% | 5.93% | 3.53% | 8.03% | 5.98% | 8.14% | 5.37% | 6.8% | 5.15% | 8.32% | 6.69% | 8.44% | 6.47% | 7.63% | 7.28% | 7.21% |
| Earnings before Tax (EBT) 1 | 8,100 | - | 785 | - | 5,348 | 8,946 | 5,057 | 4,591 | 9,648 | 7,749 | 6,565 | 14,314 | 3,455 | 1,346 | 4,801 | 3,046 | 5,561 | 8,607 | 5,400 | 2,386 | 7,786 | 2,525 | 4,042 | 6,567 | 4,556 | 2,493 | 7,049 | 8,285 | 8,386 |
| Net income 1 | 5,865 | 5,276 | 433 | 5,259 | 4,104 | 6,785 | 3,639 | 3,901 | 7,540 | 5,853 | 4,872 | 10,725 | 2,699 | 1,215 | 3,914 | 2,500 | 4,211 | 6,711 | 4,066 | 1,468 | 5,534 | 2,447 | 3,716 | 4,925 | 3,708 | 2,535 | 5,287 | 6,214 | 6,290 |
| Net margin | 5.82% | 4.92% | 0.45% | 4.67% | 6.9% | 6.06% | 6.3% | 7.05% | 6.67% | 10.37% | 7.41% | 8.78% | 4.38% | 2.33% | 3.44% | 4.83% | 6.84% | 5.92% | 7% | 2.7% | 4.92% | 4.57% | 6.2% | 4.46% | 6.11% | 4.48% | 4.62% | 5.31% | 5.24% |
| EPS 2 | 64.50 | - | 4.760 | 57.82 | 45.12 | 74.60 | 39.99 | 42.87 | 82.86 | 64.32 | 53.51 | 117.8 | 29.61 | 13.34 | 42.95 | 27.44 | 46.20 | 73.64 | 44.59 | 18.84 | 63.43 | 30.95 | 48.35 | 73.20 | 49.82 | 32.86 | 78.60 | 92.40 | 93.50 |
| Dividend per Share | 20.00 | - | 10.00 | - | - | 15.00 | - | - | - | - | - | 25.00 | - | - | - | - | - | 25.00 | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/28/19 | 4/24/20 | 10/28/20 | 4/27/21 | 10/27/21 | 10/27/21 | 1/26/22 | 4/27/22 | 4/27/22 | 7/27/22 | 10/26/22 | 10/26/22 | 1/27/23 | 4/27/23 | 4/27/23 | 7/27/23 | 10/27/23 | 10/27/23 | 1/29/24 | 4/24/24 | 4/24/24 | - | - | - | - | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 37,934 | 37,950 | 45,456 | 48,143 | 53,223 | 60,598 | 36,380 | 43,122 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 14,526 | 3,383 | 10,312 | 5,473 | 9,019 | 13,623 | 13,420 | 15,125 |
| ROE (net income / shareholders' equity) | 10.7% | 8.3% | 4.1% | 9.6% | 8.9% | 8.2% | 9.35% | 9.23% |
| ROA (Net income/ Total Assets) | 9.58% | 7.55% | 3.81% | 8.35% | 8.46% | 6.38% | 5.25% | 6.1% |
| Assets 1 | 140,997 | 147,566 | 149,398 | 171,574 | 173,068 | 191,890 | 235,563 | 233,842 |
| Book Value Per Share 2 | 1,447 | 1,499 | 1,560 | 1,734 | 1,879 | 1,881 | 1,908 | 2,082 |
| Cash Flow per Share 2 | 364.0 | 355.0 | 296.0 | 382.0 | 387.0 | 368.0 | 518.0 | 482.0 |
| Capex 1 | 23,026 | 25,199 | 18,802 | 19,870 | 23,728 | 21,236 | 22,000 | 22,333 |
| Capex / Sales | 10.37% | 12.11% | 8.97% | 8.83% | 10.06% | 9.41% | 9.6% | 9.16% |
| Announcement Date | 4/24/19 | 4/24/20 | 4/27/21 | 4/27/22 | 4/27/23 | 4/24/24 | - | - |
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
D-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
2,502
JPY
Average target price
2,744
JPY
Spread / Average Target
+9.66%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -23.29% | 1.09B | |
| +20.31% | 72.53B | |
| +49.28% | 66.31B | |
| -5.45% | 34.84B | |
| -15.24% | 28.96B | |
| -10.22% | 14.15B | |
| -11.85% | 10.07B | |
| +8.41% | 9.77B | |
| +76.30% | 8.8B | |
| +75.39% | 8.48B |
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- Financials Japan Aviation Electronics Industry, Limited
