Financials Resona Holdings, Inc.

Equities

8308

JP3500610005

Banks

Delayed Japan Exchange 09:15:18 02/05/2024 am IST 5-day change 1st Jan Change
965.2 JPY -2.68% Intraday chart for Resona Holdings, Inc. -2.44% +34.86%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 11,11,178 7,46,970 10,67,415 12,55,878 15,10,024 23,10,318 - -
Enterprise Value (EV) 1 11,11,178 7,46,970 10,67,415 12,55,878 15,10,024 23,10,318 23,10,318 23,10,318
P/E ratio 6.34 x 4.91 x 8.58 x 11.5 x 9.48 x 15.2 x 13.7 x 12.5 x
Yield 4.38% 6.46% 4.52% 4.01% 3.28% 2.22% 2.39% 2.62%
Capitalization / Revenue 1.72 x 1.13 x 1.67 x 1.49 x 1.74 x 3.7 x 3.49 x 3.31 x
EV / Revenue 1.72 x 1.13 x 1.67 x 1.49 x 1.74 x 3.7 x 3.49 x 3.31 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.53 x 0.36 x 0.46 x 0.51 x 0.6 x 0.87 x 0.83 x 0.8 x
Nbr of stocks (in thousands) 23,16,403 22,96,956 22,96,503 23,96,256 23,61,257 23,29,419 - -
Reference price 2 479.7 325.2 464.8 524.1 639.5 991.8 991.8 991.8
Announcement Date 10/05/19 12/05/20 11/05/21 12/05/22 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 6,44,173 6,58,678 6,39,121 8,44,700 8,67,974 6,23,609 6,61,105 6,98,173
EBITDA - - - - - - - -
EBIT 1 2,25,694 2,41,999 2,24,023 1,86,072 1,95,743 2,13,679 2,44,560 2,87,640
Operating Margin 35.04% 36.74% 35.05% 22.03% 22.55% 34.26% 36.99% 41.2%
Earnings before Tax (EBT) 1 2,38,606 2,12,177 1,84,316 1,55,662 2,25,047 2,09,889 2,34,236 2,56,855
Net income 1 1,75,162 1,52,426 1,24,481 1,09,974 1,60,400 1,53,073 1,67,927 1,83,123
Net margin 27.19% 23.14% 19.48% 13.02% 18.48% 24.55% 25.4% 26.23%
EPS 2 75.63 66.27 54.19 45.42 67.49 65.35 72.22 79.37
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 21.00 21.00 21.00 21.00 21.00 22.00 23.68 25.95
Announcement Date 10/05/19 12/05/20 11/05/21 12/05/22 12/05/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2021 S2 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3
Net sales 1 4,30,933 3,81,925 2,57,196 1,74,224 - 1,52,901 2,78,606 2,05,959 - 4,35,587 2,10,533 2,21,854 2,07,218 - 4,43,570 2,24,191 1,60,043 1,55,777 1,53,287 1,50,362
EBITDA - - - - - - - - - - - - - - - - - - - -
EBIT 1 - 1,11,129 1,12,894 71,694 1,16,847 50,000 18,972 - 55,376 - 41,374 65,573 51,735 55,805 - 47,900 54,957 52,006 54,203 49,352
Operating Margin - 29.1% 43.89% 41.15% - 32.7% 6.81% - - - 19.65% 29.56% 24.97% - - 21.37% 34.34% 33.39% 35.36% 32.82%
Earnings before Tax (EBT) 1 1,12,282 84,236 1,00,080 67,303 1,16,394 62,806 -23,538 46,457 - 1,15,248 58,299 51,500 46,940 - 1,13,981 44,691 67,800 - - -
Net income 1 76,977 56,395 68,086 46,607 80,837 45,663 -16,526 33,910 48,767 82,677 41,057 36,666 35,406 47,103 82,509 31,616 43,279 40,113 47,168 38,303
Net margin 17.86% 14.77% 26.47% 26.75% - 29.86% -5.93% 16.46% - 18.98% 19.5% 16.53% 17.09% - 18.6% 14.1% 27.04% 25.75% 30.77% 25.47%
EPS 2 33.42 24.54 - 19.22 33.10 18.93 -6.610 14.23 20.46 34.69 17.27 15.53 15.01 20.05 35.06 13.52 17.76 17.74 19.08 16.70
Dividend per Share 2 10.50 10.50 - - 10.50 - 10.50 - - 10.50 - 10.50 - - 11.00 - 11.00 - - -
Announcement Date 08/11/19 10/11/20 11/05/21 09/11/21 09/11/21 31/01/22 12/05/22 29/07/22 11/11/22 11/11/22 31/01/23 12/05/23 31/07/23 10/11/23 10/11/23 31/01/24 - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 8.3% 7.3% 5.7% 4.6% 6.5% 6.09% 6.23% 6.58%
ROA (Net income/ Total Assets) 0.37% 0.36% 0.28% 0.21% 0.3% 0.2% 0.22% 0.23%
Assets 1 4,71,75,330 4,25,43,820 4,37,43,543 5,25,88,944 5,38,79,745 7,48,15,637 7,77,44,004 7,83,24,531
Book Value Per Share 2 911.0 905.0 1,009 1,025 1,065 1,138 1,190 1,247
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 10/05/19 12/05/20 11/05/21 12/05/22 12/05/23 - - -
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
11
Last Close Price
991.8 JPY
Average target price
958.4 JPY
Spread / Average Target
-3.37%
Consensus
  1. Stock Market
  2. Equities
  3. 8308 Stock
  4. Financials Resona Holdings, Inc.