Financials Meiho Facility Works Ltd.

Equities

1717

JP3920400003

Construction & Engineering

Delayed Japan Exchange 11:30:00 02/05/2024 am IST 5-day change 1st Jan Change
862 JPY -0.35% Intraday chart for Meiho Facility Works Ltd. -0.35% +6.42%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,890 5,682 7,591 8,134 8,905 9,800 - -
Enterprise Value (EV) 1 3,514 3,848 6,153 6,199 7,287 9,800 9,800 9,800
P/E ratio 10.7 x 8.85 x 12.8 x 13.5 x 13.9 x 13.4 x 11.8 x 10 x
Yield 4.17% 4.58% 3.88% 3.9% 4.01% 4.1% 4.16% 4.28%
Capitalization / Revenue 1.05 x 1.31 x 1.79 x 1.91 x 1.87 x 1.87 x 1.7 x 1.57 x
EV / Revenue 1.05 x 1.31 x 1.79 x 1.91 x 1.87 x 1.87 x 1.7 x 1.57 x
EV / EBITDA - - - - - - - -
EV / FCF 3,03,62,870 x -3,36,22,932 x 1,47,67,758 x 84,82,204 x 4,63,79,301 x - - -
FCF Yield 0% -0% 0% 0% 0% - - -
Price to Book 1.68 x 1.4 x 1.95 x 1.93 x 1.97 x - - -
Nbr of stocks (in thousands) 11,687 12,116 11,329 11,329 11,329 11,329 - -
Reference price 2 504.0 469.0 670.0 718.0 786.0 865.0 865.0 865.0
Announcement Date 15/05/19 15/05/20 14/05/21 13/05/22 12/05/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,598 4,353 4,240 4,260 4,761 5,250 5,750 6,250
EBITDA - - - - - - - -
EBIT 1 774 902 909 865 958 1,050 1,200 1,400
Operating Margin 13.83% 20.72% 21.44% 20.31% 20.12% 20% 20.87% 22.4%
Earnings before Tax (EBT) 1 780 906 896 865 960 1,050 1,200 1,400
Net income 1 561 639 620 606 651 750 850 1,000
Net margin 10.02% 14.68% 14.62% 14.23% 13.67% 14.29% 14.78% 16%
EPS 2 47.27 52.98 52.30 52.99 56.53 64.70 73.30 86.20
Free Cash Flow 194 -169 514 959 192 - - -
FCF margin 3.47% -3.88% 12.12% 22.51% 4.03% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) 34.58% - 82.9% 158.25% 29.49% - - -
Dividend per Share 2 21.00 21.50 26.00 28.00 31.50 35.50 36.00 37.00
Announcement Date 15/05/19 15/05/20 14/05/21 13/05/22 12/05/23 - - -
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
Net sales 1 2,094 2,259 1,785 2,455 1,067 2,017 1,041 1,202 2,243 996 1,179 2,175 1,260 1,326 2,586 997 1,412 2,409 1,427 1,414 2,841
EBITDA - - - - - - - - - - - - - - - - - - - - -
EBIT 1 388 514 277 632 262 403 130 332 462 180 282 462 268 228 496 113 432 545 271 234 505
Operating Margin 18.53% 22.75% 15.52% 25.74% 24.55% 19.98% 12.49% 27.62% 20.6% 18.07% 23.92% 21.24% 21.27% 17.19% 19.18% 11.33% 30.59% 22.62% 18.99% 16.55% 17.78%
Earnings before Tax (EBT) 1 392 514 279 617 261 404 131 330 461 181 282 463 269 228 497 114 432 546 271 233 504
Net income 1 272 367 183 437 181 280 91 - - 126 193 319 188 144 332 79 323 402 198 150 348
Net margin 12.99% 16.25% 10.25% 17.8% 16.96% 13.88% 8.74% - - 12.65% 16.37% 14.67% 14.92% 10.86% 12.84% 7.92% 22.88% 16.69% 13.88% 10.61% 12.25%
EPS 22.62 - 15.05 - - 24.62 7.870 - - 10.97 - 27.79 16.29 - - 6.890 - 34.78 17.11 - -
Dividend per Share - - - - - - - - - - - - - - - - - - - - -
Announcement Date 05/11/19 15/05/20 06/11/20 14/05/21 05/11/21 05/11/21 04/02/22 13/05/22 13/05/22 05/08/22 04/11/22 04/11/22 06/02/23 12/05/23 12/05/23 04/08/23 06/11/23 06/11/23 05/02/24 - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 2,376 1,834 1,438 1,935 1,618 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 194 -169 514 959 192 - - -
ROE (net income / shareholders' equity) 16.7% 16.7% 15.6% 14.8% 14.7% - - -
ROA (Net income/ Total Assets) 14.2% 16.1% 16.5% 15.4% 15.6% - - -
Assets 1 3,941 3,962 3,755 3,931 4,183 - - -
Book Value Per Share 300.0 334.0 343.0 372.0 400.0 - - -
Cash Flow per Share 49.20 55.30 54.80 55.70 59.10 - - -
Capex 1 50 23 76 8.99 18 30 30 30
Capex / Sales 0.89% 0.53% 1.79% 0.21% 0.38% 0.57% 0.52% 0.48%
Announcement Date 15/05/19 15/05/20 14/05/21 13/05/22 12/05/23 - - -
1JPY in Million
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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