Financials Nakayama Steel Works, Ltd.

Equities

5408

JP3646400006

Iron & Steel

Market Closed - Japan Exchange 02:00:00 2024-05-02 am EDT 5-day change 1st Jan Change
897 JPY -1.43% Intraday chart for Nakayama Steel Works, Ltd. -1.10% +9.93%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 39,252 27,285 21,763 23,604 24,145 52,675
Enterprise Value (EV) 1 25,624 17,838 10,991 12,027 24,372 46,176
P/E ratio 7.21 x 7.88 x 7.47 x 10 x 5.01 x 5.15 x
Yield 1.1% 1.59% 1.99% 1.38% 3.59% 5.65%
Capitalization / Revenue 0.26 x 0.18 x 0.16 x 0.21 x 0.14 x 0.28 x
EV / Revenue 0.17 x 0.12 x 0.08 x 0.11 x 0.15 x 0.24 x
EV / EBITDA 3.19 x 2.36 x 1.65 x 2.65 x 2.55 x 2.82 x
EV / FCF 26.9 x -7.94 x 20.4 x -302 x -2.64 x 6.53 x
FCF Yield 3.72% -12.6% 4.9% -0.33% -37.8% 15.3%
Price to Book 0.51 x 0.34 x 0.27 x 0.28 x 0.27 x 0.54 x
Nbr of stocks (in thousands) 54,140 54,138 54,137 54,137 54,137 54,136
Reference price 2 725.0 504.0 402.0 436.0 446.0 973.0
Announcement Date 6/27/18 6/21/19 6/26/20 6/29/21 6/28/22 6/28/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 148,719 153,725 136,245 113,275 166,701 188,514
EBITDA 1 8,024 7,547 6,657 4,531 9,559 16,395
EBIT 1 6,386 5,733 4,590 2,356 7,251 13,644
Operating Margin 4.29% 3.73% 3.37% 2.08% 4.35% 7.24%
Earnings before Tax (EBT) 1 6,151 4,307 4,554 2,832 6,767 13,653
Net income 1 5,443 3,464 2,913 2,359 4,815 10,227
Net margin 3.66% 2.25% 2.14% 2.08% 2.89% 5.43%
EPS 2 100.5 63.98 53.81 43.58 88.94 188.9
Free Cash Flow 1 952.4 -2,246 538.4 -39.88 -9,221 7,067
FCF margin 0.64% -1.46% 0.4% -0.04% -5.53% 3.75%
FCF Conversion (EBITDA) 11.87% - 8.09% - - 43.11%
FCF Conversion (Net income) 17.5% - 18.48% - - 69.1%
Dividend per Share 2 8.000 8.000 8.000 6.000 16.00 55.00
Announcement Date 6/27/18 6/21/19 6/26/20 6/29/21 6/28/22 6/28/23
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 74,116 53,573 73,361 47,353 47,796 93,273 48,080 47,430 92,883 45,352
EBITDA - - - - - - - - - -
EBIT 1 2,446 975 2,320 2,567 3,275 7,780 3,494 3,777 6,558 2,940
Operating Margin 3.3% 1.82% 3.16% 5.42% 6.85% 8.34% 7.27% 7.96% 7.06% 6.48%
Earnings before Tax (EBT) 1 2,744 1,202 1,910 2,822 3,623 7,748 3,614 4,229 6,380 3,026
Net income 1 2,074 873 1,270 2,120 3,097 5,976 2,466 2,885 4,395 2,127
Net margin 2.8% 1.63% 1.73% 4.48% 6.48% 6.41% 5.13% 6.08% 4.73% 4.69%
EPS 2 38.32 16.13 23.46 39.17 57.23 110.4 45.55 53.31 81.18 39.29
Dividend per Share 4.000 3.000 4.000 - - 33.00 - - 19.00 -
Announcement Date 11/6/19 11/5/20 11/5/21 2/4/22 8/4/22 11/8/22 2/7/23 8/4/23 11/7/23 2/6/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 227 -
Net Cash position 1 13,628 9,447 10,772 11,577 - 6,499
Leverage (Debt/EBITDA) - - - - 0.0237 x -
Free Cash Flow 1 952 -2,246 538 -39.9 -9,221 7,067
ROE (net income / shareholders' equity) 7.27% 4.41% 3.6% 2.84% 5.56% 11%
ROA (Net income/ Total Assets) 3.32% 2.88% 2.35% 1.22% 3.4% 5.83%
Assets 1 164,005 120,474 123,910 194,156 141,605 175,342
Book Value Per Share 2 1,428 1,475 1,510 1,558 1,643 1,789
Cash Flow per Share 2 428.0 337.0 342.0 339.0 291.0 310.0
Capex 1 2,460 5,230 2,830 3,345 2,534 3,734
Capex / Sales 1.65% 3.4% 2.08% 2.95% 1.52% 1.98%
Announcement Date 6/27/18 6/21/19 6/26/20 6/29/21 6/28/22 6/28/23
1JPY in Million2JPY
Estimates
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