Financials Nippon Fine Chemical Co., Ltd.

Equities

4362

JP3720000003

Specialty Chemicals

Market Closed - Japan Exchange 02:00:00 2024-05-02 am EDT 5-day change 1st Jan Change
2,493 JPY +0.44% Intraday chart for Nippon Fine Chemical Co., Ltd. +6.95% -19.06%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 28,592 35,502 35,597 52,670 59,673 56,071 - -
Enterprise Value (EV) 1 16,041 22,725 21,224 39,808 50,736 57,578 56,071 56,071
P/E ratio 12.4 x 13.5 x 12.9 x 15.2 x 15 x 17.5 x 15.9 x 13.9 x
Yield 2.49% 2.21% 2.33% 2.43% 2.18% 2.73% 3.01% 3.21%
Capitalization / Revenue 1.02 x 1.22 x 1.17 x 1.57 x 1.62 x 1.72 x 1.57 x 1.43 x
EV / Revenue 1.02 x 1.22 x 1.17 x 1.57 x 1.62 x 1.72 x 1.57 x 1.43 x
EV / EBITDA - - - - - - - -
EV / FCF 14,084,696 x 26,793,903 x 14,481,925 x -117,829,832 x -43,053,993 x 13,023,785 x - -
FCF Yield 0% 0% 0% -0% -0% 0% - -
Price to Book 0.77 x 0.94 x 0.85 x 1.2 x 1.32 x 1.23 x 1.15 x 1.1 x
Nbr of stocks (in thousands) 23,747 23,747 23,747 23,747 22,811 22,491 - -
Reference price 2 1,204 1,495 1,499 2,218 2,616 2,493 2,493 2,493
Announcement Date 4/25/19 4/28/20 4/30/21 4/28/22 4/28/23 4/30/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 28,084 29,047 30,509 33,448 36,838 33,531 35,800 39,300
EBITDA - - - - - - - -
EBIT 1 3,199 3,641 3,939 4,881 5,057 4,197 4,900 5,600
Operating Margin 11.39% 12.53% 12.91% 14.59% 13.73% 12.52% 13.69% 14.25%
Earnings before Tax (EBT) 1 3,452 3,810 4,021 5,017 5,643 4,867 5,250 5,950
Net income 1 2,303 2,621 2,758 3,472 4,079 3,327 3,550 4,050
Net margin 8.2% 9.02% 9.04% 10.38% 11.07% 9.92% 9.92% 10.31%
EPS 2 96.98 110.4 116.2 146.3 174.4 146.4 156.8 178.9
Free Cash Flow 2,030 1,325 2,458 -447 -1,386 4,421 - -
FCF margin 7.23% 4.56% 8.06% -1.34% -3.76% 13.18% - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) 88.15% 50.55% 89.12% - - 132.88% - -
Dividend per Share 2 30.00 33.00 35.00 54.00 57.00 70.00 75.00 80.00
Announcement Date 4/25/19 4/28/20 4/30/21 4/28/22 4/28/23 4/30/24 - -
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 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 1 14,274 14,400 16,218 8,571 9,442 18,677 9,085 9,076 18,161 8,104 8,075 16,179 8,123 9,229 17,352
EBITDA - - - - - - - - - - - - - - -
EBIT 1 1,654 1,880 2,387 1,369 1,497 2,727 1,390 940 2,330 1,057 903 1,960 1,003 1,234 2,237
Operating Margin 11.59% 13.06% 14.72% 15.97% 15.85% 14.6% 15.3% 10.36% 12.83% 13.04% 11.18% 12.11% 12.35% 13.37% 12.89%
Earnings before Tax (EBT) 1,726 1,914 2,473 1,457 1,623 2,882 1,732 - - 1,191 - 2,126 1,163 - -
Net income 1,176 1,315 1,698 984 1,096 1,956 1,196 - - 834 - 1,499 799 - -
Net margin 8.24% 9.13% 10.47% 11.48% 11.61% 10.47% 13.16% - - 10.29% - 9.27% 9.84% - -
EPS 49.53 55.40 71.54 41.42 46.41 82.84 50.85 - - 36.60 - 65.72 35.07 - -
Dividend per Share 15.50 16.50 25.00 - - 28.00 - - - - - 35.00 - - -
Announcement Date 10/30/19 10/28/20 10/28/21 1/27/22 7/28/22 10/28/22 1/30/23 4/28/23 4/28/23 7/28/23 10/30/23 10/30/23 1/30/24 4/30/24 4/30/24
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 12,551 12,777 14,373 12,862 8,937 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2,030 1,325 2,458 -447 -1,386 4,421 - -
ROE (net income / shareholders' equity) 6.3% 7% 6.9% 8.1% 9.2% 7.2% 7.4% 8.1%
ROA (Net income/ Total Assets) 7.43% 8.19% 8.24% 9.49% 9.67% 7.67% - -
Assets 1 31,009 32,019 33,471 36,593 42,190 43,389 - -
Book Value Per Share 2 1,562 1,590 1,774 1,852 1,985 2,074 2,169 2,273
Cash Flow per Share 144.0 161.0 161.0 191.0 215.0 210.0 - -
Capex 1 1,404 1,736 2,240 2,732 2,825 1,857 3,000 3,000
Capex / Sales 5% 5.98% 7.34% 8.17% 7.67% 5.54% 8.38% 7.63%
Announcement Date 4/25/19 4/28/20 4/30/21 4/28/22 4/28/23 4/30/24 - -
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

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