SHINNIHONSEIYAKU CO., LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,684 JPY | 0.00% |
|
+2.50% | -2.15% |
| 06/02 | Shinnihonseiyaku Co., Ltd. Reports Earnings Results for the First Quarter Ended December 31, 2023 | CI |
| 18/01 | Shinnihonseiyaku Completes Payment for Restricted Stock Compensation | MT |
Valuation
| Fiscal Period: September | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 40,389 | 32,228 | 32,870 | 36,289 | - | - |
| Enterprise Value (EV) 1 | 28,974 | 19,716 | 17,798 | 19,578 | 17,800 | 15,986 |
| P/E ratio | 17.6 x | 13.7 x | 13.7 x | 13.3 x | 12.5 x | 11.9 x |
| Yield | 1.72% | 2.2% | 2.16% | 2.08% | 2.2% | 2.3% |
| Capitalization / Revenue | 1.19 x | 0.89 x | 0.87 x | 0.91 x | 0.87 x | 0.84 x |
| EV / Revenue | 0.85 x | 0.55 x | 0.47 x | 0.49 x | 0.43 x | 0.37 x |
| EV / EBITDA | - | 4.99 x | 4.25 x | 4.2 x | 3.63 x | 3.12 x |
| EV / FCF | - | 11 x | 5.46 x | 7.96 x | 6.51 x | 5.61 x |
| FCF Yield | - | 9.08% | 18.3% | 12.6% | 15.4% | 17.8% |
| Price to Book | 2.53 x | 1.82 x | 1.69 x | 1.69 x | 1.53 x | 1.4 x |
| Nbr of stocks (in thousands) | 21,404 | 21,457 | 21,512 | 21,549 | - | - |
| Reference price 2 | 1,887 | 1,502 | 1,528 | 1,684 | 1,684 | 1,684 |
| Announcement Date | 12/11/21 | 11/11/22 | 07/11/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: September | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | 33,899 | 36,107 | 37,653 | 40,034 | 41,547 | 43,297 |
| EBITDA 1 | - | 3,950 | 4,187 | 4,656 | 4,902 | 5,122 |
| EBIT 1 | 3,424 | 3,522 | 3,754 | 4,165 | 4,392 | 4,591 |
| Operating Margin | 10.1% | 9.75% | 9.97% | 10.4% | 10.57% | 10.6% |
| Earnings before Tax (EBT) 1 | 3,401 | 3,474 | 3,530 | 4,176 | 4,418 | 4,647 |
| Net income 1 | 2,317 | 2,357 | 2,394 | 2,737 | 2,908 | 3,044 |
| Net margin | 6.84% | 6.53% | 6.36% | 6.84% | 7% | 7.03% |
| EPS 2 | 107.4 | 109.9 | 111.4 | 127.1 | 135.0 | 141.4 |
| Free Cash Flow 1 | - | 1,791 | 3,260 | 2,458 | 2,733 | 2,848 |
| FCF margin | - | 4.96% | 8.66% | 6.14% | 6.58% | 6.58% |
| FCF Conversion (EBITDA) | - | 45.34% | 77.86% | 52.8% | 55.76% | 55.61% |
| FCF Conversion (Net income) | - | 75.99% | 136.17% | 89.81% | 93.97% | 93.56% |
| Dividend per Share 2 | 32.50 | 33.00 | 33.00 | 35.00 | 37.00 | 38.67 |
| Announcement Date | 12/11/21 | 11/11/22 | 07/11/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: September | 2021 S1 | 2021 Q4 | 2022 Q1 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | - | - | 9,120 | 8,986 | 9,255 | 8,995 | 18,250 | 9,622 | 9,781 | 9,941 | 9,714 | 10,200 | 10,195 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | - | 825 | 1,675 | 1,094 | 753 | 839 | 628 | 1,467 | 1,371 | 916 | 1,167 | 859.5 | 1,260 | 899.5 |
| Operating Margin | - | - | - | - | 12% | 8.38% | 9.07% | 6.98% | 8.04% | 14.25% | 9.37% | 11.74% | 8.85% | 12.36% | 8.82% |
| Earnings before Tax (EBT) 1 | - | - | - | - | 1,061 | 731 | 840 | 628 | 1,468 | 1,248 | 814 | 1,178 | 859 | 1,247 | 895.5 |
| Net income 1 | - | - | - | - | 725 | 495 | 561 | 419 | 980 | 856 | 558 | 783 | 562.5 | 827 | 588.5 |
| Net margin | - | - | - | - | 7.95% | 5.51% | 6.06% | 4.66% | 5.37% | 8.9% | 5.7% | 7.88% | 5.79% | 8.11% | 5.77% |
| EPS | - | - | 25.56 | 53.06 | 33.80 | - | 26.14 | - | 45.61 | 39.82 | - | 36.41 | - | - | - |
| Dividend per Share | - | 32.50 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 12/05/21 | 12/11/21 | 04/02/22 | 09/05/22 | 09/08/22 | 11/11/22 | 07/02/23 | 09/05/23 | 09/05/23 | 08/08/23 | 07/11/23 | 06/02/24 | - | - | - |
1JPY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: September | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 11,415 | 12,512 | 15,072 | 16,711 | 18,489 | 20,303 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | - | 1,791 | 3,260 | 2,459 | 2,733 | 2,848 |
| ROE (net income / shareholders' equity) | 14.5% | 14% | 12.9% | 13.3% | 12.9% | 12.4% |
| ROA (Net income/ Total Assets) | - | 14.8% | 15.1% | 13.9% | 12.9% | 12.7% |
| Assets 1 | - | 15,903 | 15,878 | 19,740 | 22,545 | 24,063 |
| Book Value Per Share 2 | 747.0 | 827.0 | 907.0 | 999.0 | 1,098 | 1,201 |
| Cash Flow per Share | 126.0 | 125.0 | 127.0 | - | - | - |
| Capex 1 | 170 | 378 | 102 | 201 | 194 | 194 |
| Capex / Sales | 0.5% | 1.05% | 0.27% | 0.5% | 0.47% | 0.45% |
| Announcement Date | 12/11/21 | 11/11/22 | 07/11/23 | - | - | - |
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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
1,684
JPY
Average target price
2,120
JPY
Spread / Average Target
+25.89%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -2.15% | 231M | |
| +18.40% | 1,869B | |
| +3.29% | 46.43B | |
| +40.80% | 40.95B | |
| +2.91% | 8.67B | |
| -15.68% | 7.91B | |
| +7.09% | 6.41B | |
| -16.86% | 6.26B | |
| +1.52% | 6.07B | |
| +15.78% | 5.63B |
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- Financials Shinnihonseiyaku Co., Ltd.
