SURUGA BANK LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 969 JPY | +3.64% |
|
+3.19% | +24.39% |
| Apr. 04 | Suruga Bank Ltd. announces an Equity Buyback for 6,000,000 shares, representing 3.11% for ¥7,000 million. | CI |
| Apr. 04 | Suruga Bank Ltd. authorizes a Buyback Plan. | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 118,837 | 82,004 | 98,914 | 77,023 | 87,404 | 186,578 | - | - |
| Enterprise Value (EV) 1 | 118,837 | 82,004 | 98,914 | 77,023 | 87,404 | 186,578 | 186,578 | 186,578 |
| P/E ratio | -1.22 x | 3.24 x | 4.62 x | 11.8 x | 8.26 x | 15.1 x | 12.9 x | 12.2 x |
| Yield | - | 1.41% | 1.17% | 1.47% | 1.94% | 2.17% | 2.22% | 2.51% |
| Capitalization / Revenue | 0.85 x | 0.69 x | 1.24 x | 0.84 x | 0.95 x | 3.56 x | 3.12 x | 3.09 x |
| EV / Revenue | 0.85 x | 0.69 x | 1.24 x | 0.84 x | 0.95 x | 3.56 x | 3.12 x | 3.09 x |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 0.49 x | 0.32 x | 0.35 x | 0.29 x | 0.32 x | 0.69 x | 0.64 x | 0.61 x |
| Nbr of stocks (in thousands) | 231,651 | 231,650 | 231,649 | 188,321 | 188,371 | 192,547 | - | - |
| Reference price 2 | 513.0 | 354.0 | 427.0 | 409.0 | 464.0 | 969.0 | 969.0 | 969.0 |
| Announcement Date | 5/15/19 | 5/14/20 | 5/14/21 | 5/13/22 | 5/12/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 139,635 | 118,008 | 79,567 | 92,072 | 92,403 | 52,441 | 59,860 | 60,300 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT 1 | 56,999 | 42,099 | 75,324 | 29,619 | 7,930 | 15,892 | 21,699 | 22,867 |
| Operating Margin | 40.82% | 35.67% | 94.67% | 32.17% | 8.58% | 30.3% | 36.25% | 37.92% |
| Earnings before Tax (EBT) 1 | -75,059 | 31,858 | 22,772 | 9,061 | 12,036 | 16,000 | 17,500 | 19,000 |
| Net income 1 | -97,146 | 25,324 | 21,433 | 7,960 | 10,576 | 13,022 | 14,791 | 15,313 |
| Net margin | -69.57% | 21.46% | 26.94% | 8.65% | 11.45% | 24.83% | 24.71% | 25.39% |
| EPS 2 | -419.4 | 109.3 | 92.52 | 34.72 | 56.15 | 64.26 | 74.91 | 79.34 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | 5.000 | 5.000 | 6.000 | 9.000 | 21.00 | 21.50 | 24.33 |
| Announcement Date | 5/15/19 | 5/14/20 | 5/14/21 | 5/13/22 | 5/12/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2021 S1 | 2021 S2 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 64,062 | 50,916 | - | - | 54,142 | 15,084 | - | 20,681 | 52,695 | 20,369 | - | 20,963 | - | 43,994 | 23,422 | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 138.4 | 4,132 | 5,091 | 5,163 |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | 19,892 | 10,531 | - | - | 20,255 | -7,679 | - | 4,294 | 18,065 | 4,806 | - | 4,348 | - | 12,171 | 4,750 | - | - | - | - |
| Net income 1 | 15,972 | 5,482 | - | 15,255 | 17,805 | -8,221 | -1,624 | 4,060 | 16,391 | 4,490 | -10,305 | 3,510 | 6,079 | 9,589 | 3,908 | 1,294 | 2,958 | 4,836 | 2,979 |
| Net margin | 24.93% | 10.77% | - | - | 32.89% | -54.5% | - | 19.63% | 31.11% | 22.04% | - | 16.74% | - | 21.8% | 16.69% | - | - | - | - |
| EPS 2 | 68.95 | 23.66 | - | 66.00 | 76.86 | -35.50 | -6.640 | 21.56 | 87.03 | 23.83 | -54.71 | 18.63 | 28.17 | 46.80 | 18.60 | 6.440 | 14.37 | 23.49 | 14.47 |
| Dividend per Share | - | - | 5.000 | - | - | - | - | - | - | - | - | - | - | 7.000 | - | - | - | - | - |
| Announcement Date | 11/14/19 | 11/13/20 | 5/14/21 | 11/12/21 | 11/12/21 | 2/10/22 | 5/13/22 | 8/10/22 | 11/11/22 | 2/9/23 | 5/12/23 | 8/10/23 | 11/9/23 | 11/9/23 | 2/9/24 | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | -33.2% | 10.1% | 7.9% | 2.8% | 3.9% | 4.71% | 5.15% | 5.11% |
| ROA (Net income/ Total Assets) | -1.88% | 1.21% | 0.66% | 0.3% | 0.37% | 0.45% | 0.68% | 0.7% |
| Assets 1 | 5,155,056 | 2,094,988 | 3,260,417 | 2,682,031 | 2,881,901 | 2,893,668 | 2,175,095 | 2,187,571 |
| Book Value Per Share 2 | 1,040 | 1,108 | 1,233 | 1,403 | 1,438 | 1,413 | 1,509 | 1,580 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 5/15/19 | 5/14/20 | 5/14/21 | 5/13/22 | 5/12/23 | - | - | - |
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
4
Last Close Price
969
JPY
Average target price
920
JPY
Spread / Average Target
-5.06%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +24.39% | 1.19B | |
| +16.61% | 210B | |
| +2.39% | 73.14B | |
| +7.99% | 54.82B | |
| +13.25% | 47B | |
| +1.36% | 47.1B | |
| +19.29% | 44.81B | |
| +10.93% | 36.6B | |
| -16.21% | 35.14B | |
| -96.60% | 32.24B |
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- Financials Suruga Bank Ltd.
