TOKYO ELECTRIC POWER COMPANY HOLDINGS, INC. Financials Tokyo Electric Power Company Holdings, Inc.
Equities
9501
JP3585800000
Electric Utilities
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 981.2 JPY | +0.22% |
|
-3.28% | +32.86% |
| 24/04 | Japan's Niigata's governor estimates nuclear plant will bring $2.8 bln of economic benefits, Kyodo reports | RE |
| 17/04 | Tepco suspends loading nuclear fuel into Kashiwazaki-Kariwa plant | RE |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 11,21,563 | 6,04,035 | 5,91,213 | 6,45,677 | 7,57,819 | 15,72,006 | - | - |
| Enterprise Value (EV) 1 | 60,18,393 | 37,36,796 | 46,32,091 | 52,33,213 | 58,09,043 | 15,72,006 | 15,72,006 | 15,72,006 |
| P/E ratio | 4.83 x | 11.9 x | 3.27 x | 114 x | -6.13 x | 6.09 x | 6.35 x | 5.82 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.18 x | 0.1 x | 0.1 x | 0.12 x | 0.1 x | 0.22 x | 0.22 x | 0.22 x |
| EV / Revenue | 0.18 x | 0.1 x | 0.1 x | 0.12 x | 0.1 x | 0.22 x | 0.22 x | 0.22 x |
| EV / EBITDA | 1.31 x | 0.95 x | 1.06 x | 1.39 x | 6.76 x | 3.61 x | 2.97 x | 2.72 x |
| EV / FCF | -16.7 x | -3.27 x | -1.6 x | -4.21 x | -1.06 x | -8.32 x | -4,466 x | -13.9 x |
| FCF Yield | -5.99% | -30.6% | -62.4% | -23.7% | -94.1% | -12% | -0.02% | -7.2% |
| Price to Book | 0.59 x | 0.32 x | 0.28 x | 0.29 x | 0.36 x | 0.59 x | 0.54 x | 0.49 x |
| Nbr of stocks (in thousands) | 16,02,232 | 16,02,216 | 16,02,203 | 16,02,176 | 16,02,154 | 16,02,126 | - | - |
| Reference price 2 | 700.0 | 377.0 | 369.0 | 403.0 | 473.0 | 981.2 | 981.2 | 981.2 |
| Announcement Date | 25/04/19 | 15/05/20 | 28/04/21 | 28/04/22 | 28/04/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 63,38,490 | 62,41,422 | 58,66,824 | 53,09,924 | 77,98,696 | 71,43,744 | 71,45,896 | 72,00,203 |
| EBITDA 1 | 8,54,062 | 6,34,336 | 5,55,499 | 4,65,433 | 1,12,176 | 4,35,700 | 5,28,900 | 5,78,200 |
| EBIT 1 | 3,12,257 | 2,11,841 | 1,43,460 | 46,230 | -2,28,969 | 2,25,933 | 2,81,521 | 3,14,359 |
| Operating Margin | 4.93% | 3.39% | 2.45% | 0.87% | -2.94% | 3.16% | 3.94% | 4.37% |
| Earnings before Tax (EBT) 1 | 2,58,625 | 69,259 | 1,90,393 | 14,075 | -1,11,911 | 2,55,450 | 2,81,430 | 3,12,831 |
| Net income 1 | 2,32,414 | 50,703 | 1,80,896 | 5,640 | -1,23,631 | 2,44,967 | 2,33,492 | 2,56,589 |
| Net margin | 3.67% | 0.81% | 3.08% | 0.11% | -1.59% | 3.43% | 3.27% | 3.56% |
| EPS 2 | 145.1 | 31.65 | 112.9 | 3.520 | -77.17 | 161.0 | 154.5 | 168.6 |
| Free Cash Flow 1 | -67,128 | -1,84,760 | -3,69,032 | -1,53,298 | -7,13,393 | -1,88,888 | -352 | -1,13,144 |
| FCF margin | -1.06% | -2.96% | -6.29% | -2.89% | -9.15% | -2.64% | -0% | -1.57% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 25/04/19 | 15/05/20 | 28/04/21 | 28/04/22 | 28/04/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: März | 2020 S1 | 2021 S1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 31,75,671 | 28,34,222 | 12,30,671 | 22,10,745 | 12,92,795 | 18,06,384 | 14,76,485 | 20,28,817 | 35,05,302 | 20,07,312 | 16,15,156 | 18,98,554 | 35,13,710 | 15,91,348 | 17,70,200 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 1,96,619 | 1,81,398 | 1,08,370 | 97,020 | -8,936 | -41,854 | -44,267 | -1,11,832 | -1,56,099 | -1,17,521 | 1,51,137 | 2,03,578 | 3,54,715 | 27,819 | -57,500 |
| Operating Margin | 6.19% | 6.4% | 8.81% | 4.39% | -0.69% | -2.32% | -3% | -5.51% | -4.45% | -5.85% | 9.36% | 10.72% | 10.1% | 1.75% | -3.25% |
| Earnings before Tax (EBT) 1 | 4,50,645 | 1,56,731 | 1,03,409 | 1,01,202 | -82,001 | - | -65,049 | - | -1,38,839 | -5,03,302 | 1,82,795 | 2,30,817 | 4,13,612 | -3,895 | -9,100 |
| Net income 1 | 4,20,642 | 1,48,613 | 91,677 | 88,646 | -78,844 | - | -67,062 | -76,311 | -1,43,373 | -5,07,575 | 1,36,286 | 2,14,540 | 3,50,826 | 541 | -8,600 |
| Net margin | 13.25% | 5.24% | 7.45% | 4.01% | -6.1% | - | -4.54% | -3.76% | -4.09% | -25.29% | 8.44% | 11.3% | 9.98% | 0.03% | -0.49% |
| EPS 2 | 262.5 | 92.76 | 57.22 | 55.33 | -49.21 | - | -41.86 | -47.63 | -89.49 | -316.8 | 85.06 | 133.9 | 219.0 | 0.3400 | -1.700 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 28/10/19 | 28/10/20 | 27/10/21 | 27/10/21 | 31/01/22 | 28/04/22 | 02/08/22 | 01/11/22 | 01/11/22 | 01/02/23 | 02/08/23 | 31/10/23 | 31/10/23 | 31/01/24 | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | 48,96,830 | 31,32,761 | 40,40,878 | 45,87,536 | 50,51,224 | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 5.734 x | 4.939 x | 7.274 x | 9.856 x | 45.03 x | - | - | - |
| Free Cash Flow 1 | -67,128 | -1,84,760 | -3,69,032 | -1,53,298 | -7,13,393 | -1,88,888 | -352 | -1,13,144 |
| ROE (net income / shareholders' equity) | 8.4% | 1.8% | 6% | 0.2% | -3.9% | 7.93% | 6.9% | 7.2% |
| ROA (Net income/ Total Assets) | 2.18% | 2.14% | 1.58% | 0.36% | -2.16% | 1.85% | 1.9% | 2.2% |
| Assets 1 | 1,06,52,153 | 23,73,080 | 1,14,56,510 | 15,64,407 | 57,21,777 | 1,32,41,441 | 1,22,89,026 | 1,16,63,148 |
| Book Value Per Share 2 | 1,179 | 1,186 | 1,326 | 1,371 | 1,308 | 1,676 | 1,827 | 1,995 |
| Cash Flow per Share 2 | 483.0 | 295.0 | 370.0 | 265.0 | 136.0 | 245.0 | 546.0 | 244.0 |
| Capex 1 | 6,39,725 | 5,24,462 | 6,08,857 | 5,66,056 | 6,37,720 | 5,72,900 | 6,12,900 | 6,09,567 |
| Capex / Sales | 10.09% | 8.4% | 10.38% | 10.66% | 8.18% | 8.02% | 8.58% | 8.47% |
| Announcement Date | 25/04/19 | 15/05/20 | 28/04/21 | 28/04/22 | 28/04/23 | - | - | - |
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
C
Sell
Buy
Mean consensus
SELL
Number of Analysts
3
Last Close Price
981.2
JPY
Average target price
517.7
JPY
Spread / Average Target
-47.24%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +32.86% | 9.99B | |
| +8.64% | 136B | |
| +4.41% | 80.06B | |
| -1.47% | 77.98B | |
| +0.69% | 75.38B | |
| -8.07% | 66.47B | |
| +61.15% | 59.36B | |
| +4.97% | 44.9B | |
| +7.34% | 42.26B | |
| 0.00% | 41.65B |
- Stock Market
- Equities
- 9501 Stock
- Financials Tokyo Electric Power Company Holdings, Inc.
