Financials Bridgestone Corporation OTC Markets

Equities

BRDCY

US1084412055

Tires & Rubber Products

Delayed OTC Markets 01:29:55 15/06/2024 am IST 5-day change 1st Jan Change
20.81 USD -0.62% Intraday chart for Bridgestone Corporation -1.28% +1.27%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 28,65,428 23,82,736 34,85,258 32,48,104 39,98,165 44,14,919 - -
Enterprise Value (EV) 1 28,85,586 25,71,104 32,04,364 34,96,367 37,71,427 42,50,500 41,54,535 41,09,063
P/E ratio 10.1 x -102 x 8.84 x 10.9 x 12.1 x 11.8 x 11 x 10.1 x
Yield 3.93% 3.25% 3.44% 3.73% 3.42% 3.36% 3.69% 4.04%
Capitalization / Revenue 0.81 x 0.8 x 1.07 x 0.79 x 0.93 x 0.98 x 0.94 x 0.9 x
EV / Revenue 0.82 x 0.86 x 0.99 x 0.85 x 0.87 x 0.94 x 0.88 x 0.84 x
EV / EBITDA 5.25 x 7.75 x 5.11 x 4.83 x 4.79 x 4.92 x 4.5 x 4.2 x
EV / FCF 14.9 x 6.92 x 7.75 x -50.3 x 10.4 x 22.7 x 16.9 x 14.4 x
FCF Yield 6.72% 14.5% 12.9% -1.99% 9.64% 4.41% 5.91% 6.93%
Price to Book 1.25 x 1.11 x 1.33 x 1.08 x 1.19 x 1.26 x 1.19 x 1.11 x
Nbr of stocks (in thousands) 7,04,036 7,04,118 7,04,235 6,92,412 6,84,617 6,84,696 - -
Reference price 2 4,070 3,384 4,949 4,691 5,840 6,599 6,599 6,599
Announcement Date 17/02/20 16/02/21 15/02/22 16/02/23 16/02/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 35,25,600 29,94,524 32,46,057 41,10,070 43,13,800 45,19,103 47,12,808 49,10,847
EBITDA 1 5,49,198 3,31,568 6,27,247 7,23,406 7,87,580 8,63,119 9,22,478 9,78,130
EBIT 1 3,26,098 64,114 3,76,799 4,41,298 4,81,775 5,41,608 5,81,012 6,25,835
Operating Margin 9.25% 2.14% 11.61% 10.74% 11.17% 11.98% 12.33% 12.74%
Earnings before Tax (EBT) 1 4,07,251 29,266 3,77,594 4,23,458 4,44,154 5,42,440 5,80,039 6,26,869
Net income 1 2,92,598 -23,301 3,94,037 3,00,367 3,31,305 3,85,286 4,13,456 4,50,957
Net margin 8.3% -0.78% 12.14% 7.31% 7.68% 8.53% 8.77% 9.18%
EPS 2 405.0 -33.09 559.6 432.3 484.0 558.7 602.5 654.6
Free Cash Flow 1 1,93,927 3,71,569 4,13,239 -69,521 3,63,714 1,87,647 2,45,416 2,84,770
FCF margin 5.5% 12.41% 12.73% -1.69% 8.43% 4.15% 5.21% 5.8%
FCF Conversion (EBITDA) 35.31% 112.06% 65.88% - 46.18% 21.74% 26.6% 29.11%
FCF Conversion (Net income) 66.28% - 104.87% - 109.78% 48.7% 59.36% 63.15%
Dividend per Share 2 160.0 110.0 170.0 175.0 200.0 221.5 243.2 266.8
Announcement Date 17/02/20 16/02/21 15/02/22 16/02/23 16/02/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 1 17,80,938 13,55,470 16,39,054 15,68,789 8,44,299 16,77,268 8,91,011 9,95,330 18,86,341 10,90,582 11,33,147 10,43,541 10,58,165 21,01,706 10,96,438 11,15,656 10,64,115 11,03,655 21,78,500 11,45,687 12,06,769 24,92,000
EBITDA 1 - - - - 1,75,744 - 1,53,268 1,54,714 - 2,08,794 2,06,630 1,99,742 1,97,553 - 2,06,027 1,84,258 2,02,814 2,18,354 4,14,000 2,34,051 2,15,455 4,70,000
EBIT 1 1,67,689 19,762 44,352 1,69,698 1,11,028 - 87,632 86,360 1,73,992 1,33,237 1,34,069 1,27,501 1,23,119 2,50,620 1,25,175 1,05,980 1,17,755 1,35,534 2,43,000 1,42,274 1,41,494 3,02,000
Operating Margin 9.42% 1.46% 2.71% 10.82% 13.15% - 9.84% 8.68% 9.22% 12.22% 11.83% 12.22% 11.64% 11.92% 11.42% 9.5% 11.07% 12.28% 11.15% 12.42% 11.73% 12.12%
Earnings before Tax (EBT) 1 - -11,152 - 1,69,940 1,12,630 - 93,109 87,055 1,80,164 1,24,141 1,19,153 1,26,730 1,17,747 2,44,477 1,12,588 87,089 1,20,177 1,51,050 2,45,000 1,39,300 1,46,700 3,00,000
Net income 1 1,73,815 -22,044 -1,257 3,52,320 -28,811 - 53,836 39,106 92,942 95,806 1,11,619 90,499 92,144 1,82,643 84,089 64,573 86,602 1,00,044 1,82,000 97,345 1,00,845 2,25,000
Net margin 9.76% -1.63% -0.08% 22.46% -3.41% - 6.04% 3.93% 4.93% 8.78% 9.85% 8.67% 8.71% 8.69% 7.67% 5.79% 8.14% 9.06% 8.35% 8.5% 8.36% 9.03%
EPS 2 - -31.31 - 500.4 -40.93 - 76.63 56.07 132.7 137.8 161.8 132.2 134.6 266.8 122.8 94.31 126.5 161.0 259.9 148.7 182.9 320.9
Dividend per Share - 50.00 - 85.00 - - - - 85.00 - - - 100.0 100.0 - - - - 104.1 - - 128.5
Announcement Date 17/02/20 07/08/20 16/02/21 10/08/21 15/02/22 15/02/22 11/05/22 10/08/22 10/08/22 10/11/22 16/02/23 15/05/23 09/08/23 09/08/23 10/11/23 16/02/24 13/05/24 - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 20,158 1,88,368 - 2,48,263 - - - -
Net Cash position 1 - - 2,80,894 - 2,26,738 1,64,419 2,60,385 3,05,856
Leverage (Debt/EBITDA) 0.0367 x 0.5681 x - 0.3432 x - - - -
Free Cash Flow 1 1,93,927 3,71,569 4,13,239 -69,521 3,63,714 1,87,647 2,45,416 2,84,770
ROE (net income / shareholders' equity) 12.5% -1% 16.5% 10.7% 10.5% 10.9% 11.2% 11.3%
ROA (Net income/ Total Assets) 8.11% 0.72% 8.62% 8.88% 8.55% 8.19% 8.27% 8.52%
Assets 1 36,06,510 -32,38,814 45,72,935 33,82,287 38,74,935 47,01,569 49,97,652 52,95,199
Book Value Per Share 2 3,250 3,053 3,734 4,334 4,898 5,249 5,540 5,928
Cash Flow per Share 2 714.0 347.0 915.0 838.0 931.0 974.0 1,148 1,166
Capex 1 4,13,896 2,00,677 1,61,040 3,17,100 3,42,937 4,32,239 4,85,592 4,84,366
Capex / Sales 11.74% 6.7% 4.96% 7.72% 7.95% 9.56% 10.3% 9.86%
Announcement Date 17/02/20 16/02/21 15/02/22 16/02/23 16/02/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
6,599 JPY
Average target price
6,942 JPY
Spread / Average Target
+5.19%
Consensus
  1. Stock Market
  2. Equities
  3. 5108 Stock
  4. BRDCY Stock
  5. Financials Bridgestone Corporation