Financials Nissan Motor Co Ltd

Equities

7201

JP3672400003

Auto & Truck Manufacturers

Market Closed - Japan Exchange 11:30:00 26/04/2024 am IST 5-day change 1st Jan Change
549 JPY +0.42% Intraday chart for Nissan Motor Co Ltd -2.21% -0.94%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 35,53,458 13,95,425 24,10,105 21,44,255 19,62,180 19,98,312 - -
Enterprise Value (EV) 1 1,02,24,086 76,60,424 79,75,311 57,08,666 69,86,856 72,78,078 73,40,665 74,44,181
P/E ratio 11.1 x -2.08 x -5.37 x 9.95 x 8.84 x 5.56 x 5.16 x 4.6 x
Yield 6.28% 2.8% - 0.91% 2% 2.98% 3.84% 4.37%
Capitalization / Revenue 0.31 x 0.14 x 0.31 x 0.25 x 0.19 x 0.16 x 0.15 x 0.15 x
EV / Revenue 0.88 x 0.78 x 1.01 x 0.68 x 0.66 x 0.57 x 0.56 x 0.55 x
EV / EBITDA 14.5 x 22.3 x 74 x 10.6 x 9.81 x 7.77 x 7.88 x 7.72 x
EV / FCF 32.2 x 16.1 x 8.36 x 8.15 x 9.03 x 118 x 15.6 x 12 x
FCF Yield 3.1% 6.23% 12% 12.3% 11.1% 0.85% 6.39% 8.35%
Price to Book 0.67 x 0.34 x 0.61 x 0.47 x 0.38 x 0.37 x 0.35 x 0.33 x
Nbr of stocks (in thousands) 39,12,638 39,13,137 39,13,143 39,14,302 39,15,745 36,39,912 - -
Reference price 2 908.2 356.6 615.9 547.8 501.1 549.0 549.0 549.0
Announcement Date 14/05/19 28/05/20 11/05/21 12/05/22 11/05/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,15,74,247 98,78,866 78,62,572 84,24,600 1,05,96,700 1,27,38,722 1,31,02,984 1,35,23,543
EBITDA 1 7,03,961 3,43,647 1,07,763 5,36,700 7,12,342 9,36,121 9,31,574 9,63,791
EBIT 1 3,18,224 -40,469 -1,50,651 2,47,300 3,77,100 5,71,824 5,80,451 5,99,723
Operating Margin 2.75% -0.41% -1.92% 2.94% 3.56% 4.49% 4.43% 4.43%
Earnings before Tax (EBT) 1 4,77,708 -5,73,022 -3,39,334 3,84,200 4,02,400 5,81,960 6,14,680 6,38,407
Net income 1 3,19,138 -6,71,216 -4,48,697 2,15,500 2,21,900 3,86,472 3,97,507 4,39,601
Net margin 2.76% -6.79% -5.71% 2.56% 2.09% 3.03% 3.03% 3.25%
EPS 2 81.59 -171.5 -114.7 55.07 56.67 98.82 106.3 119.4
Free Cash Flow 1 3,17,341 4,77,167 9,53,668 7,00,352 7,74,010 61,704 4,69,077 6,21,743
FCF margin 2.74% 4.83% 12.13% 8.31% 7.3% 0.48% 3.58% 4.6%
FCF Conversion (EBITDA) 45.08% 138.85% 884.97% 130.49% 108.66% 6.59% 50.35% 64.51%
FCF Conversion (Net income) 99.44% - - 324.99% 348.81% 15.97% 118% 141.43%
Dividend per Share 2 57.00 10.00 - 5.000 10.00 16.34 21.07 24.00
Announcement Date 14/05/19 28/05/20 11/05/21 12/05/22 11/05/23 - - -
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 50,03,075 48,75,791 30,92,687 47,69,885 19,38,750 39,46,997 22,07,034 22,70,600 44,77,603 21,37,311 25,24,939 46,62,250 28,37,441 30,97,000 59,34,450 29,17,660 31,45,686 60,63,346 31,08,100 36,13,058 67,43,110 30,78,249 31,98,718 60,64,939 32,85,562 34,52,625 68,85,821 63,89,737 72,59,918
EBITDA 1 - - - - 1,36,825 - 1,26,602 1,27,914 - 1,45,132 1,75,005 - 2,20,437 1,71,769 - 2,14,447 2,52,436 - 2,33,800 1,47,000 - 2,06,000 2,58,000 - 2,40,000 2,06,000 - - -
EBIT 1 31,608 -72,077 -1,58,759 8,108 63,449 1,39,131 52,156 56,000 1,08,169 64,905 91,703 1,56,608 1,33,093 87,400 2,20,490 1,28,595 2,08,148 3,36,743 1,41,600 95,333 2,56,546 1,78,045 1,83,940 5,43,581 1,46,179 80,007 1,48,050 5,89,361 1,72,366
Operating Margin 0.63% -1.48% -5.13% 0.17% 3.27% 3.52% 2.36% 2.47% 2.42% 3.04% 3.63% 3.36% 4.69% 2.82% 3.72% 4.41% 6.62% 5.55% 4.56% 2.64% 3.8% 5.78% 5.75% 8.96% 4.45% 2.32% 2.15% 9.22% 2.37%
Earnings before Tax (EBT) 1 1,04,719 -6,77,741 -3,20,932 -18,402 90,844 2,61,383 65,915 56,900 1,22,817 1,05,610 67,692 1,73,302 94,722 1,34,400 2,29,100 1,29,248 2,47,140 3,76,388 65,400 1,35,996 2,35,182 1,22,000 1,71,000 - 1,52,000 94,000 - - -
Net income 1 65,365 -7,36,581 -3,29,959 -1,18,738 54,115 1,68,646 32,689 14,200 46,854 47,112 17,363 64,475 50,565 1,06,900 1,57,430 1,05,475 1,90,735 2,96,210 29,100 57,312 - 89,194 1,27,919 - 1,12,226 69,000 - - -
Net margin 1.31% -15.11% -10.67% -2.49% 2.79% 4.27% 1.48% 0.63% 1.05% 2.2% 0.69% 1.38% 1.78% 3.45% 2.65% 3.62% 6.06% 4.89% 0.94% 1.59% - 2.9% 4% - 3.42% 2% - - -
EPS 2 16.70 -188.2 -84.33 -30.34 13.83 43.09 8.350 3.630 11.98 12.04 4.430 16.47 12.91 27.29 40.20 26.93 48.70 75.64 7.530 11.17 - - - - - - - - -
Dividend per Share 2 10.00 - - - - - - 5.000 5.000 - - - - 10.00 10.00 - 5.000 5.000 - 20.00 - - 14.50 - - 14.50 - - -
Announcement Date 12/11/19 28/05/20 12/11/20 11/05/21 09/11/21 09/11/21 08/02/22 12/05/22 12/05/22 28/07/22 09/11/22 09/11/22 09/02/23 11/05/23 11/05/23 26/07/23 09/11/23 09/11/23 08/02/24 - - - - - - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 66,70,628 62,64,999 55,65,206 35,64,411 50,24,676 52,79,766 53,42,353 54,45,870
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 9.476 x 18.23 x 51.64 x 6.641 x 7.054 x 5.64 x 5.735 x 5.65 x
Free Cash Flow 1 3,17,341 4,77,167 9,53,668 7,00,352 7,74,010 61,704 4,69,077 6,21,743
ROE (net income / shareholders' equity) 6% -14.3% -11.2% 5.1% 4.6% 7.66% 7.24% 7.41%
ROA (Net income/ Total Assets) 2.9% 0.25% -1.32% 1.87% 3.03% 2.85% 2.8% 3.01%
Assets 1 1,10,07,605 -27,37,42,251 3,38,99,999 1,15,53,535 73,12,114 1,35,43,878 1,42,00,449 1,46,15,081
Book Value Per Share 2 1,355 1,039 1,008 1,170 1,311 1,482 1,585 1,676
Cash Flow per Share 2 312.0 49.80 338.0 231.0 234.0 249.0 255.0 284.0
Capex 1 4,22,569 4,64,219 3,62,377 3,15,202 4,20,028 4,37,440 4,85,146 5,12,215
Capex / Sales 3.65% 4.7% 4.61% 3.74% 3.96% 3.43% 3.7% 3.79%
Announcement Date 14/05/19 28/05/20 11/05/21 12/05/22 11/05/23 - - -
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
HOLD
Number of Analysts
17
Last Close Price
549 JPY
Average target price
671.9 JPY
Spread / Average Target
+22.38%
Consensus
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