SAWAI GROUP HOLDINGS CO., LTD. |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 6,364 JPY | +8.51% |
|
+12.30% | +22.17% |
Valuation
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,80,609 | 2,52,626 | 2,35,159 | 1,95,308 | 1,59,837 | 2,56,904 | - | - |
| Enterprise Value (EV) 1 | 3,03,348 | 2,71,567 | 2,51,465 | 1,76,276 | 1,99,714 | 3,20,487 | 3,01,201 | 2,97,436 |
| P/E ratio | 14.5 x | 13.1 x | 19.1 x | -6.91 x | 12.6 x | 19.3 x | 9.43 x | 11.9 x |
| Yield | 2.11% | 2.25% | 2.42% | 2.91% | 3.56% | 2.16% | 2.53% | 2.67% |
| Capitalization / Revenue | 1.52 x | 1.38 x | 1.26 x | 1.01 x | 0.8 x | 1.49 x | 1.27 x | 1.16 x |
| EV / Revenue | 1.65 x | 1.49 x | 1.34 x | 0.91 x | 1 x | 1.81 x | 1.49 x | 1.34 x |
| EV / EBITDA | 7.21 x | 6.07 x | 6.76 x | -9.35 x | 5.76 x | 8.74 x | 7.17 x | 6.53 x |
| EV / FCF | 11.6 x | 22.5 x | 25 x | 45 x | -14.2 x | 8,662 x | 28 x | 24.9 x |
| FCF Yield | 8.6% | 4.45% | 4% | 2.22% | -7.06% | 0.01% | 3.57% | 4.01% |
| Price to Book | 1.41 x | 1.2 x | 1.08 x | 1.03 x | 0.79 x | 1.24 x | 1.07 x | 1.02 x |
| Nbr of stocks (in thousands) | 43,777 | 43,783 | 43,791 | 43,791 | 43,791 | 43,803 | - | - |
| Reference price 2 | 6,410 | 5,770 | 5,370 | 4,460 | 3,650 | 5,865 | 5,865 | 5,865 |
| Announcement Date | 14/05/19 | 14/05/20 | 11/05/21 | 11/05/22 | 11/05/23 | 13/05/24 | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,84,341 | 1,82,537 | 1,87,219 | 1,93,816 | 2,00,344 | 1,76,862 | 2,01,844 | 2,21,178 |
| EBITDA 1 | 42,078 | 44,747 | 37,179 | -18,843 | 34,667 | 36,675 | 41,992 | 45,527 |
| EBIT 1 | 25,798 | 26,793 | 18,888 | -35,888 | 16,984 | 18,620 | 25,692 | 29,412 |
| Operating Margin | 13.99% | 14.68% | 10.09% | -18.52% | 8.48% | 10.53% | 12.73% | 13.3% |
| Earnings before Tax (EBT) 1 | 25,666 | 26,497 | 18,460 | -36,214 | 16,789 | 18,262 | 26,699 | 29,920 |
| Net income 1 | 19,376 | 19,279 | 12,340 | -28,269 | 12,667 | 13,695 | 29,053 | 21,508 |
| Net margin | 10.51% | 10.56% | 6.59% | -14.59% | 6.32% | 7.74% | 14.39% | 9.72% |
| EPS 2 | 442.6 | 440.4 | 281.8 | -645.5 | 289.2 | 312.7 | 622.3 | 493.3 |
| Free Cash Flow 1 | 26,103 | 12,083 | 10,063 | 3,915 | -14,108 | 37 | 10,765 | 11,937 |
| FCF margin | 14.16% | 6.62% | 5.37% | 2.02% | -7.04% | 0.02% | 5.33% | 5.4% |
| FCF Conversion (EBITDA) | 62.03% | 27% | 27.07% | - | - | 0.1% | 25.64% | 26.22% |
| FCF Conversion (Net income) | 134.72% | 62.67% | 81.55% | - | - | 0.27% | 37.05% | 55.5% |
| Dividend per Share 2 | 135.0 | 130.0 | 130.0 | 130.0 | 130.0 | 130.0 | 148.4 | 156.6 |
| Announcement Date | 14/05/19 | 14/05/20 | 11/05/21 | 11/05/22 | 11/05/23 | 13/05/24 | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2021 S1 | 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 S1 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 90,481 | 90,172 | 46,816 | 97,302 | 51,325 | 45,189 | 48,231 | 48,183 | 96,414 | 54,677 | 49,253 | 52,989 | 53,800 | 1,06,789 | 29,267 | 40,806 | 48,933 | 50,167 | 98,600 | 55,267 | 47,033 |
| EBITDA 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,690 | - | - | - | - | - |
| EBIT 1 | 15,255 | 14,012 | 5,339 | 13,822 | 10,114 | -59,824 | 4,820 | 3,997 | 8,817 | 5,562 | 2,605 | 4,603 | 6,078 | 10,681 | 6,582 | 1,220 | 6,900 | 7,167 | 14,300 | 7,033 | 4,983 |
| Operating Margin | 16.86% | 15.54% | 11.4% | 14.21% | 19.71% | -132.39% | 9.99% | 8.3% | 9.14% | 10.17% | 5.29% | 8.69% | 11.3% | 10% | 22.49% | 2.99% | 14.1% | 14.29% | 14.5% | 12.73% | 10.59% |
| Earnings before Tax (EBT) 1 | 15,153 | 13,812 | 5,216 | 13,649 | 10,082 | -59,945 | 4,815 | 3,892 | 8,707 | 5,562 | 2,520 | 4,613 | 5,993 | 10,606 | 6,465 | 1,191 | 7,075 | 7,875 | 15,800 | 6,375 | 5,700 |
| Net income 1 | 10,972 | 10,800 | 3,115 | 9,422 | 6,461 | -44,152 | 3,672 | 2,988 | 6,660 | 4,185 | 1,822 | 3,518 | 4,926 | 8,444 | 5,057 | 194 | 9,709 | 4,840 | 22,060 | 4,805 | 3,186 |
| Net margin | 12.13% | 11.98% | 6.65% | 9.68% | 12.59% | -97.71% | 7.61% | 6.2% | 6.91% | 7.65% | 3.7% | 6.64% | 9.16% | 7.91% | 17.28% | 0.48% | 19.84% | 9.65% | 22.37% | 8.69% | 6.77% |
| EPS 2 | 250.6 | 246.6 | 71.12 | 215.2 | 147.5 | -1,008 | 83.86 | 68.23 | 152.1 | 95.57 | 41.59 | 80.33 | 112.5 | 192.8 | 115.4 | 4.420 | 217.0 | 207.8 | - | 232.9 | 46.35 |
| Dividend per Share 2 | 65.00 | 65.00 | - | 65.00 | - | - | - | - | 65.00 | - | - | - | 65.00 | 65.00 | - | 65.00 | - | 65.00 | - | - | 65.00 |
| Announcement Date | 08/11/19 | 09/11/20 | 12/11/21 | 12/11/21 | 14/02/22 | 11/05/22 | 10/08/22 | 08/11/22 | 08/11/22 | 13/02/23 | 11/05/23 | 09/08/23 | 10/11/23 | 10/11/23 | 14/02/24 | 13/05/24 | - | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 22,739 | 18,941 | 16,306 | - | 39,877 | 56,355 | 44,297 | 40,532 |
| Net Cash position 1 | - | - | - | 19,032 | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.5404 x | 0.4233 x | 0.4386 x | - | 1.15 x | 1.537 x | 1.055 x | 0.8903 x |
| Free Cash Flow 1 | 26,103 | 12,083 | 10,063 | 3,915 | -14,108 | 37 | 10,765 | 11,937 |
| ROE (net income / shareholders' equity) | 10.2% | 9.4% | 5.8% | -13.8% | 6.5% | 6.6% | 11.8% | 8.71% |
| ROA (Net income/ Total Assets) | 7.02% | 6.99% | 3.17% | -7.61% | 4.71% | 4.89% | 7.03% | 6.17% |
| Assets 1 | 2,76,055 | 2,75,649 | 3,89,078 | 3,71,423 | 2,69,224 | 2,79,790 | 4,13,082 | 3,48,774 |
| Book Value Per Share 2 | 4,552 | 4,796 | 4,985 | 4,340 | 4,605 | 4,855 | 5,468 | 5,759 |
| Cash Flow per Share 2 | 815.0 | 850.0 | 700.0 | -256.0 | 693.0 | 725.0 | 804.0 | 906.0 |
| Capex 1 | 7,500 | 5,501 | 12,999 | 14,513 | 20,727 | 17,915 | 20,317 | 16,633 |
| Capex / Sales | 4.07% | 3.01% | 6.94% | 7.49% | 10.35% | 10.13% | 10.07% | 7.52% |
| Announcement Date | 14/05/19 | 14/05/20 | 11/05/21 | 11/05/22 | 11/05/23 | 13/05/24 | - | - |
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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
5,865
JPY
Average target price
6,840
JPY
Spread / Average Target
+16.62%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +22.17% | 1.61B | |
| +55.19% | 815B | |
| +45.94% | 654B | |
| -6.09% | 354B | |
| +21.92% | 337B | |
| +19.60% | 247B | |
| +3.84% | 229B | |
| +13.93% | 219B | |
| +10.86% | 171B | |
| -2.78% | 159B |
- Stock Market
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- Financials Sawai Group Holdings Co., Ltd.
