Financials Brother Industries, Ltd.

Equities

6448

JP3830000000

Office Equipment

Market Closed - Japan Exchange 11:30:00 27/06/2024 am IST 5-day change 1st Jan Change
2,881 JPY -0.03% Intraday chart for Brother Industries, Ltd. +4.06% +28.02%

Valuation

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,31,926 4,29,674 6,36,381 5,79,624 5,09,019 7,36,640 - -
Enterprise Value (EV) 1 4,89,596 3,56,986 5,02,836 4,52,535 4,16,533 7,21,176 7,36,640 7,36,640
P/E ratio 9.87 x 8.67 x 26 x 9.52 x 13 x 22.8 x 13.2 x 12.5 x
Yield 2.93% 3.63% 2.45% 2.86% 3.41% 2.98% 3.47% 2.76%
Capitalization / Revenue 0.78 x 0.67 x 1.01 x 0.82 x 0.62 x 0.88 x 0.87 x 0.85 x
EV / Revenue 0.78 x 0.67 x 1.01 x 0.82 x 0.62 x 0.88 x 0.87 x 0.85 x
EV / EBITDA 5.04 x 4 x 7.86 x 4.67 x 5.2 x 7.41 x 5.5 x 5.6 x
EV / FCF 11.5 x 7.78 x 7.78 x 12.7 x -28.7 x 8.84 x 13.8 x 15.4 x
FCF Yield 8.69% 12.9% 12.8% 7.88% -3.49% 11.3% 7.22% 6.5%
Price to Book 1.25 x 1 x 1.32 x 1.03 x 0.85 x 1.08 x 1.05 x 1.02 x
Nbr of stocks (in thousands) 2,59,730 2,59,779 2,59,853 2,59,108 2,55,532 2,55,600 - -
Reference price 2 2,048 1,654 2,449 2,237 1,992 2,882 2,882 2,882
Announcement Date 08/05/19 11/05/20 07/05/21 11/05/22 08/05/23 09/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,83,972 6,37,259 6,31,812 7,10,938 8,15,300 8,22,930 8,48,400 8,68,200
EBITDA 1 1,05,599 1,07,526 80,983 1,24,201 97,953 97,329 1,34,000 1,31,533
EBIT 1 71,925 67,329 42,731 85,501 55,400 49,792 78,750 81,760
Operating Margin 10.52% 10.57% 6.76% 12.03% 6.8% 6.05% 9.28% 9.42%
Earnings before Tax (EBT) 1 72,274 67,046 42,944 86,429 57,000 52,523 78,867 82,975
Net income 1 53,902 49,566 24,520 61,030 39,100 31,645 56,600 59,000
Net margin 7.88% 7.78% 3.88% 8.58% 4.8% 3.85% 6.67% 6.8%
EPS 2 207.5 190.8 94.36 234.9 152.7 123.8 219.2 230.3
Free Cash Flow 1 46,250 55,240 81,751 45,648 -17,766 81,606 53,200 47,850
FCF margin 6.76% 8.67% 12.94% 6.42% -2.18% 9.92% 6.27% 5.51%
FCF Conversion (EBITDA) 43.8% 51.37% 100.95% 36.75% - 83.85% 39.7% 36.38%
FCF Conversion (Net income) 85.8% 111.45% 333.41% 74.8% - 257.88% 93.99% 81.1%
Dividend per Share 2 60.00 60.00 60.00 64.00 68.00 84.00 100.0 79.50
Announcement Date 08/05/19 11/05/20 07/05/21 11/05/22 08/05/23 09/05/24 - -
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 Q3 2025 Q4
Net sales 1 3,18,487 3,18,772 2,90,062 3,41,750 1,76,504 3,50,517 1,84,457 1,75,964 3,60,421 1,99,734 1,96,932 3,96,666 2,16,800 2,01,800 4,18,634 2,00,400 1,99,225 3,99,632 2,13,100 2,10,198 4,23,298 2,05,950 2,14,000 2,25,000 2,22,000
EBITDA - - - - 34,263 - 34,592 - - 35,011 22,914 - 32,539 - - - 29,353 - - - - - - - -
EBIT 1 36,526 - 32,518 10,213 24,717 51,178 24,842 9,481 34,323 25,018 12,449 37,467 21,500 -3,600 17,933 22,000 17,702 39,727 21,400 -11,335 10,065 23,000 20,000 22,000 18,000
Operating Margin 11.47% - 11.21% 2.99% 14% 14.6% 13.47% 5.39% 9.52% 12.53% 6.32% 9.45% 9.92% -1.78% 4.28% 10.98% 8.89% 9.94% 10.04% -5.39% 2.38% 11.17% 9.35% 9.78% 8.11%
Earnings before Tax (EBT) 1 36,368 - 32,643 10,301 24,841 51,576 25,199 9,654 34,853 25,297 12,911 38,208 21,900 -3,200 18,792 22,700 18,347 40,999 22,300 -10,776 11,524 22,000 - - -
Net income 1 27,275 - 24,697 - 18,193 36,812 17,440 6,778 24,218 17,389 12,869 30,258 12,700 -3,900 8,842 16,200 12,658 28,901 17,700 -14,956 2,744 16,000 - - -
Net margin 8.56% - 8.51% - 10.31% 10.5% 9.45% 3.85% 6.72% 8.71% 6.53% 7.63% 5.86% -1.93% 2.11% 8.08% 6.35% 7.23% 8.31% -7.12% 0.65% 7.77% - - -
EPS 2 105.0 - 95.04 -0.6800 69.99 141.6 67.09 26.19 93.28 67.60 50.40 118.0 49.79 -15.12 34.67 63.55 49.53 113.1 69.30 -58.57 10.73 61.90 - - -
Dividend per Share 30.00 30.00 27.00 33.00 30.00 30.00 - 34.00 34.00 - 34.00 34.00 - 34.00 - - - 34.00 - - 50.00 - - - -
Announcement Date 05/11/19 11/05/20 09/11/20 07/05/21 08/11/21 08/11/21 01/02/22 11/05/22 11/05/22 05/08/22 09/11/22 09/11/22 07/02/23 08/05/23 08/05/23 07/08/23 07/11/23 07/11/23 06/02/24 09/05/24 09/05/24 - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 42,330 72,688 1,33,545 1,27,089 92,486 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 46,250 55,240 81,751 45,648 -17,766 81,606 53,200 47,850
ROE (net income / shareholders' equity) 13.1% 11.6% 5.4% 11.7% 6.8% 5% 8.43% 8.47%
ROA (Net income/ Total Assets) 10.2% 9.31% 5.82% 11.1% 6.86% 6.01% 6.1% 6%
Assets 1 5,28,356 5,32,312 4,21,200 5,49,031 5,70,382 5,26,160 9,27,869 9,83,333
Book Value Per Share 2 1,635 1,649 1,858 2,170 2,334 2,613 2,748 2,830
Cash Flow per Share 337.0 346.0 242.0 384.0 319.0 310.0 - -
Capex 1 27,030 32,508 27,514 41,875 54,987 59,422 58,000 55,000
Capex / Sales 3.95% 5.1% 4.35% 5.89% 6.74% 7.22% 6.84% 6.33%
Announcement Date 08/05/19 11/05/20 07/05/21 11/05/22 08/05/23 09/05/24 - -
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
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
2,882 JPY
Average target price
2,812 JPY
Spread / Average Target
-2.41%
Consensus
  1. Stock Market
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  4. Financials Brother Industries, Ltd.