Financials Seiwa Chuo Holdings Corporation

Equities

7531

JP3418250001

Iron & Steel

Market Closed - Japan Exchange 05:30:00 02/05/2024 am IST 5-day change 1st Jan Change
1,540 JPY -0.32% Intraday chart for Seiwa Chuo Holdings Corporation +0.33% +9.69%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 16,603 14,292 13,646 8,232 5,651 5,528
Enterprise Value (EV) 1 18,422 15,900 12,984 9,178 8,146 5,692
P/E ratio 20 x 23.9 x 94.1 x 7.75 x 9.26 x 53.7 x
Yield 1.18% 0.96% 0.43% 1.91% 2.09% 1.07%
Capitalization / Revenue 0.32 x 0.27 x 0.32 x 0.18 x 0.1 x 0.09 x
EV / Revenue 0.35 x 0.3 x 0.31 x 0.2 x 0.14 x 0.09 x
EV / EBITDA 12.8 x 16 x 32.5 x 5.41 x 7.44 x 12.4 x
EV / FCF 98.1 x 46.9 x 5.17 x -4.77 x -6.04 x 2.4 x
FCF Yield 1.02% 2.13% 19.3% -21% -16.6% 41.6%
Price to Book 1.23 x 1.02 x 0.99 x 0.54 x 0.36 x 0.35 x
Nbr of stocks (in thousands) 3,916 3,916 3,916 3,939 3,938 3,937
Reference price 2 4,240 3,650 3,485 2,090 1,435 1,404
Announcement Date 28/03/19 30/03/20 31/03/21 31/03/22 30/03/23 29/03/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 52,179 52,910 42,005 45,395 57,550 62,577
EBITDA 1 1,442 995 400 1,696 1,095 460
EBIT 1 1,222 806 163 1,455 807 166
Operating Margin 2.34% 1.52% 0.39% 3.21% 1.4% 0.27%
Earnings before Tax (EBT) 1 1,335 897 247 1,563 922 353
Net income 1 832 598 145 1,060 610 103
Net margin 1.59% 1.13% 0.35% 2.34% 1.06% 0.16%
EPS 2 212.5 152.7 37.03 269.9 154.9 26.16
Free Cash Flow 1 187.8 339.1 2,509 -1,925 -1,349 2,367
FCF margin 0.36% 0.64% 5.97% -4.24% -2.34% 3.78%
FCF Conversion (EBITDA) 13.02% 34.08% 627.28% - - 514.65%
FCF Conversion (Net income) 22.57% 56.71% 1,730.43% - - 2,298.42%
Dividend per Share 2 50.00 35.00 15.00 40.00 30.00 15.00
Announcement Date 28/03/19 30/03/20 31/03/21 31/03/22 30/03/23 29/03/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3
Net sales 1 22,171 19,301 12,688 13,626 26,679 14,223 15,964 32,334 15,907
EBITDA - - - - - - - - -
EBIT 1 -49 432 582 335 555 161 66 177 -110
Operating Margin -0.22% 2.24% 4.59% 2.46% 2.08% 1.13% 0.41% 0.55% -0.69%
Earnings before Tax (EBT) 1 -6 492 598 367 628 181 121 255 -92
Net income 1 -10 328 388 215 392 122 71 166 -159
Net margin -0.05% 1.7% 3.06% 1.58% 1.47% 0.86% 0.44% 0.51% -1%
EPS 2 -2.650 83.80 98.72 54.82 99.77 30.76 18.07 42.26 -40.31
Dividend per Share - - - - - - - - -
Announcement Date 07/08/20 10/08/21 09/11/21 13/05/22 09/08/22 10/11/22 15/05/23 10/08/23 14/11/23
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,819 1,608 - 946 2,495 164
Net Cash position 1 - - 662 - - -
Leverage (Debt/EBITDA) 1.261 x 1.616 x - 0.5578 x 2.279 x 0.3565 x
Free Cash Flow 1 188 339 2,509 -1,925 -1,349 2,367
ROE (net income / shareholders' equity) 6.26% 4.36% 1% 7.32% 3.9% 0.58%
ROA (Net income/ Total Assets) 2.25% 1.43% 0.33% 2.87% 1.21% 0.24%
Assets 1 37,058 41,953 43,846 36,983 50,530 43,168
Book Value Per Share 2 3,457 3,566 3,538 3,839 4,016 4,007
Cash Flow per Share 2 350.0 358.0 343.0 262.0 293.0 301.0
Capex 1 65 498 511 192 428 282
Capex / Sales 0.12% 0.94% 1.22% 0.42% 0.74% 0.45%
Announcement Date 28/03/19 30/03/20 31/03/21 31/03/22 30/03/23 29/03/24
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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