Financials Nisshin Seifun Group Inc.

Equities

2002

JP3676800000

Food Processing

Market Closed - Japan Exchange 11:30:00 21/06/2024 am IST 5-day change 1st Jan Change
1,825 JPY +0.69% Intraday chart for Nisshin Seifun Group Inc. +0.77% -3.87%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,54,565 5,35,636 5,50,044 5,07,360 4,61,229 5,42,803 - -
Enterprise Value (EV) 1 6,61,561 5,31,707 5,65,259 5,16,163 4,63,303 6,02,021 5,21,103 5,01,703
P/E ratio 33.9 x 23.9 x 28.9 x 29 x -44.4 x 19.7 x 15.6 x 14.7 x
Yield 1.26% 1.89% 2% 2.29% 2.58% 2.14% 2.81% 2.86%
Capitalization / Revenue 1.33 x 0.75 x 0.81 x 0.75 x 0.58 x 0.73 x 0.63 x 0.62 x
EV / Revenue 1.17 x 0.75 x 0.83 x 0.76 x 0.58 x 0.7 x 0.61 x 0.57 x
EV / EBITDA 15.3 x 9.54 x 10.3 x 8.85 x 7.78 x 8.35 x 6.89 x 6.1 x
EV / FCF 31.3 x -9.1 x 17.1 x 19.6 x 19.4 x 14.3 x 18.5 x 20.7 x
FCF Yield 3.2% -11% 5.85% 5.1% 5.16% 7.01% 5.4% 4.84%
Price to Book 1.87 x 1.36 x 1.27 x 1.13 x 1.09 x 1.25 x 1.05 x 1.03 x
Nbr of stocks (in thousands) 2,97,073 2,97,245 2,97,321 2,97,397 2,97,375 2,97,426 - -
Reference price 2 2,540 1,802 1,850 1,706 1,551 1,825 1,825 1,825
Announcement Date 14/05/19 14/05/20 17/05/21 13/05/22 10/05/23 15/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,65,343 7,12,180 6,79,495 6,79,736 7,98,681 8,58,248 8,55,525 8,73,940
EBITDA 1 43,191 55,759 54,904 58,348 59,544 72,081 75,600 82,225
EBIT 1 26,916 28,852 27,197 29,430 32,831 47,791 52,100 55,000
Operating Margin 4.76% 4.05% 4% 4.33% 4.11% 5.57% 6.09% 6.29%
Earnings before Tax (EBT) 1 33,113 33,296 29,762 30,773 879 48,850 52,000 55,200
Net income 1 22,268 22,407 19,011 17,509 -10,381 31,743 34,780 36,860
Net margin 3.94% 3.15% 2.8% 2.58% -1.3% 3.7% 4.07% 4.22%
EPS 2 74.98 75.40 63.95 58.88 -34.91 106.7 116.9 123.9
Free Cash Flow 1 21,154 -58,424 33,069 26,316 23,909 42,183 28,124 24,264
FCF margin 3.74% -8.2% 4.87% 3.87% 2.99% 4.92% 3.29% 2.78%
FCF Conversion (EBITDA) 48.98% - 60.23% 45.1% 40.15% 58.52% 37.2% 29.51%
FCF Conversion (Net income) 95% - 173.95% 150.3% - 132.89% 80.86% 65.83%
Dividend per Share 2 32.00 34.00 37.00 39.00 40.00 45.00 51.33 52.20
Announcement Date 14/05/19 14/05/20 17/05/21 13/05/22 10/05/23 15/05/24 - -
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 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 3,46,518 - 3,35,944 3,43,551 1,66,507 3,25,727 1,79,583 1,74,426 1,89,296 1,99,446 3,88,742 2,11,263 1,98,676 - 2,08,191 2,18,690 4,26,881 2,23,800 2,07,567 - 2,11,200 2,16,900 - 2,22,500 2,08,100 - - -
EBITDA - - - - - - - - - - - - - - - - - - - - - - - - - - - -
EBIT 1 14,124 14,728 12,356 14,841 8,234 15,568 10,582 3,280 8,859 7,060 15,919 9,543 7,369 16,912 11,860 13,651 25,511 16,383 5,897 - 13,200 14,200 - 15,900 7,700 - - -
Operating Margin 4.08% - 3.68% 4.32% 4.95% 4.78% 5.89% 1.88% 4.68% 3.54% 4.1% 4.52% 3.71% - 5.7% 6.24% 5.98% 7.32% 2.84% - 6.25% 6.55% - 7.15% 3.7% - - -
Earnings before Tax (EBT) 18,267 - 14,644 - - 17,680 12,721 - 9,793 - -38,766 21,918 - - 13,091 - 25,377 17,125 - - - - - - - - - -
Net income 1 13,519 - 9,057 9,954 4,422 9,957 8,243 -691 6,306 -44,101 -37,795 14,883 12,531 - 8,742 9,704 18,446 11,071 2,226 - - - - - - - - -
Net margin 3.9% - 2.7% 2.9% 2.66% 3.06% 4.59% -0.4% 3.33% -22.11% -9.72% 7.04% 6.31% - 4.2% 4.44% 4.32% 4.95% 1.07% - - - - - - - - -
EPS 2 45.50 - 30.47 - 14.87 33.49 27.72 -2.330 21.21 -148.3 -127.1 50.06 42.14 - 29.40 32.64 62.04 37.22 7.480 - - - - - - - - -
Dividend per Share 17.00 17.00 17.00 20.00 - 19.00 - - - - 19.00 - - - - - 21.00 - - 24.00 - - 25.00 - - 25.00 26.00 27.00
Announcement Date 29/10/19 14/05/20 27/10/20 17/05/21 28/10/21 28/10/21 27/01/22 13/05/22 26/07/22 26/10/22 26/10/22 30/01/23 10/05/23 10/05/23 27/07/23 27/10/23 27/10/23 30/01/24 15/05/24 15/05/24 - - - - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 15,215 8,803 2,074 - - -
Net Cash position 1 93,004 3,929 - - - 22,426 21,700 41,100
Leverage (Debt/EBITDA) - - 0.2771 x 0.1509 x 0.0348 x - - -
Free Cash Flow 1 21,154 -58,424 33,069 26,316 23,909 42,183 28,124 24,264
ROE (net income / shareholders' equity) 5.5% 5.6% 4.6% 4% -2.4% 6.9% 6.95% 7.35%
ROA (Net income/ Total Assets) 5.4% 4.99% 2.81% 4.63% 4.6% 6.49% 4.9% 5.05%
Assets 1 4,12,636 4,49,426 6,76,813 3,78,475 -2,25,666 4,89,103 7,09,796 7,29,901
Book Value Per Share 2 1,359 1,329 1,456 1,510 1,425 1,682 1,730 1,767
Cash Flow per Share 2 125.0 147.0 139.0 136.0 41.80 184.0 199.0 211.0
Capex 1 18,719 21,843 16,437 18,207 19,887 31,011 45,000 40,000
Capex / Sales 3.31% 3.07% 2.42% 2.68% 2.49% 3.61% 5.26% 4.58%
Announcement Date 14/05/19 14/05/20 17/05/21 13/05/22 10/05/23 15/05/24 - -
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
1,825 JPY
Average target price
2,530 JPY
Spread / Average Target
+38.63%
Consensus
  1. Stock Market
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  3. 2002 Stock
  4. Financials Nisshin Seifun Group Inc.