Financials Ibiden Co.,Ltd.

Equities

4062

JP3148800000

Semiconductors

Delayed Japan Exchange 11:30:00 26/04/2024 am IST 5-day change 1st Jan Change
6,052 JPY +0.72% Intraday chart for Ibiden Co.,Ltd. +2.04% -22.56%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,35,013 3,31,314 7,11,168 8,44,629 7,34,559 8,45,430 - -
Enterprise Value (EV) 1 1,93,212 3,06,193 7,43,236 8,34,072 7,28,939 8,92,710 9,51,403 9,26,729
P/E ratio 71.1 x 29.2 x 27.7 x 20.5 x 14.1 x 24.6 x 20.5 x 14.6 x
Yield 2.08% 1.48% 0.69% 0.66% 0.95% 0.66% 0.77% 0.93%
Capitalization / Revenue 0.81 x 1.12 x 2.2 x 2.11 x 1.76 x 2.24 x 2.11 x 1.85 x
EV / Revenue 0.66 x 1.03 x 2.3 x 2.08 x 1.75 x 2.37 x 2.37 x 2.03 x
EV / EBITDA 5.48 x 6.97 x 10 x 6.75 x 5.73 x 9.14 x 8.02 x 5.98 x
EV / FCF -35.2 x -9.53 x -18.4 x 20.5 x 33.5 x -14.9 x -19.5 x 23 x
FCF Yield -2.84% -10.5% -5.44% 4.87% 2.98% -6.72% -5.12% 4.35%
Price to Book 0.87 x 1.23 x 2.25 x 2.32 x 1.75 x 1.89 x 1.76 x 1.6 x
Nbr of stocks (in thousands) 1,39,722 1,39,736 1,39,719 1,39,608 1,39,650 1,39,694 - -
Reference price 2 1,682 2,371 5,090 6,050 5,260 6,052 6,052 6,052
Announcement Date 24/04/19 27/04/20 27/04/21 27/04/22 01/05/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,91,125 2,95,999 3,23,461 4,01,138 4,17,549 3,77,072 4,01,537 4,55,879
EBITDA 1 35,273 43,907 74,047 1,23,536 1,27,276 97,696 1,18,581 1,54,945
EBIT 1 10,137 19,685 38,634 70,821 72,362 49,198 59,454 82,850
Operating Margin 3.48% 6.65% 11.94% 17.66% 17.33% 13.05% 14.81% 18.17%
Earnings before Tax (EBT) 1 9,326 17,525 32,165 59,252 71,702 51,229 60,018 80,882
Net income 1 3,306 11,329 25,698 41,232 52,187 34,712 41,673 58,164
Net margin 1.14% 3.83% 7.94% 10.28% 12.5% 9.21% 10.38% 12.76%
EPS 2 23.66 81.08 183.9 295.4 373.7 245.9 295.4 413.7
Free Cash Flow 1 -5,486 -32,140 -40,438 40,650 21,729 -60,017 -48,670 40,316
FCF margin -1.88% -10.86% -12.5% 10.13% 5.2% -15.92% -12.12% 8.84%
FCF Conversion (EBITDA) - - - 32.91% 17.07% - - 26.02%
FCF Conversion (Net income) - - - 98.59% 41.64% - - 69.31%
Dividend per Share 2 35.00 35.00 35.00 40.00 50.00 40.00 46.67 56.43
Announcement Date 24/04/19 27/04/20 27/04/21 27/04/22 01/05/23 - - -
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 S1 2025 Q3 2025 Q4 2025 S2 2026 S1 2026 S2
Net sales 1 1,44,354 1,51,645 1,43,991 1,79,470 1,03,497 1,95,832 1,03,402 1,01,904 2,05,306 98,318 1,15,261 2,13,579 1,03,102 1,00,868 - 94,601 93,039 1,87,640 92,527 98,866 1,85,934 90,559 93,774 1,90,465 1,00,974 1,01,710 2,12,708 2,04,031 2,20,279
EBITDA 1 - - - - - - - - - - - - - - - - 27,207 - 24,852 25,616 51,685 25,198 28,896 55,688 29,896 32,647 63,038 69,534 78,634
EBIT 1 7,647 12,038 15,182 23,452 19,296 35,018 19,411 16,392 35,803 18,089 23,315 41,404 19,771 11,187 - 8,181 15,891 24,072 12,875 14,661 26,808 12,699 14,848 29,444 15,723 16,824 34,869 38,734 39,834
Operating Margin 5.3% 7.94% 10.54% 13.07% 18.64% 17.88% 18.77% 16.09% 17.44% 18.4% 20.23% 19.39% 19.18% 11.09% - 8.65% 17.08% 12.83% 13.91% 14.83% 14.42% 14.02% 15.83% 15.46% 15.57% 16.54% 16.39% 18.98% 18.08%
Earnings before Tax (EBT) 1 6,486 - 14,283 - 17,213 31,334 20,654 7,264 - 19,025 24,150 43,175 18,811 9,716 - 12,341 15,857 28,198 12,563 11,762 - 13,518 13,190 - 14,766 16,118 - - -
Net income 1 3,896 7,433 11,684 14,014 12,689 22,254 15,188 3,790 18,978 13,713 18,099 31,812 12,243 8,132 - 7,288 10,604 17,892 9,503 8,398 18,490 8,865 9,726 20,473 10,521 11,153 22,468 25,965 26,735
Net margin 2.7% 4.9% 8.11% 7.81% 12.26% 11.36% 14.69% 3.72% 9.24% 13.95% 15.7% 14.89% 11.87% 8.06% - 7.7% 11.4% 9.54% 10.27% 8.49% 9.94% 9.79% 10.37% 10.75% 10.42% 10.97% 10.56% 12.73% 12.14%
EPS 2 27.89 - 83.61 100.3 90.89 159.4 108.8 27.15 135.9 98.23 129.6 227.8 87.67 58.22 - 52.19 75.91 128.1 68.03 57.73 125.4 63.43 74.19 138.8 81.18 76.70 152.3 176.1 181.3
Dividend per Share 2 15.00 - 15.00 - 20.00 20.00 - 20.00 20.00 - 30.00 30.00 - 20.00 20.00 - 20.00 20.00 - 25.00 - - 25.00 - - 25.00 - - -
Announcement Date 31/10/19 27/04/20 28/10/20 27/04/21 29/10/21 29/10/21 04/02/22 27/04/22 27/04/22 02/08/22 27/10/22 27/10/22 02/02/23 01/05/23 01/05/23 02/08/23 26/10/23 26/10/23 01/02/24 - - - - - - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 32,068 - - 47,280 1,05,973 81,299
Net Cash position 1 41,801 25,121 - 10,557 5,620 - - -
Leverage (Debt/EBITDA) - - 0.4331 x - - 0.4839 x 0.8937 x 0.5247 x
Free Cash Flow 1 -5,486 -32,140 -40,438 40,650 21,729 -60,017 -48,670 40,316
ROE (net income / shareholders' equity) 1.2% 4.2% 8.8% 12.1% 13.3% 8.03% 9.17% 11.5%
ROA (Net income/ Total Assets) 2.93% 4.54% 7.42% 12% 10% 4.04% 4.98% 6.48%
Assets 1 1,12,975 2,49,678 3,46,230 3,44,417 5,21,294 8,58,793 8,36,765 8,97,620
Book Value Per Share 2 1,939 1,920 2,263 2,611 3,002 3,209 3,447 3,775
Cash Flow per Share 2 204.0 254.0 437.0 673.0 767.0 596.0 727.0 965.0
Capex 1 24,041 58,236 79,392 61,662 1,31,275 1,81,752 1,54,920 71,920
Capex / Sales 8.26% 19.67% 24.54% 15.37% 31.44% 48.2% 38.58% 15.78%
Announcement Date 24/04/19 27/04/20 27/04/21 27/04/22 01/05/23 - - -
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
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
6,052 JPY
Average target price
8,021 JPY
Spread / Average Target
+32.53%
Consensus
  1. Stock Market
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  3. 4062 Stock
  4. Financials Ibiden Co.,Ltd.