Projected Income Statement: SMC Corporation

Forecast Balance Sheet: SMC Corporation

Forecast Balance Sheet - SMC Corporation
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Net Debt 1 -685,510 -611,310 -498,220 -650,738 -658,778 -681,594 -733,064 -819,193
Change - 10.82% 18.5% -30.61% -1.24% -3.46% -7.55% -11.75%
Announcement Date 5/13/22 A 5/15/23 A 5/14/24 A 5/14/25 A 5/14/26 A - - -
1JPY in Million
Estimates

Cash Flow Forecast: SMC Corporation

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
CAPEX 1 77,588 81,592 102,347 106,739 152,701 97,828 78,570 75,022
Change - 5.16% 25.44% 4.29% 43.06% -35.94% -19.68% -4.52%
Free Cash Flow (FCF) 1 39,878 14,531 -33,693 231,890 81,406 168,350 189,179 214,328
Change - -63.56% -331.87% 788.24% -64.89% 106.8% 12.37% 13.29%
Announcement Date 5/13/22 A 5/15/23 A 5/14/24 A 5/14/25 A 5/14/26 A - - -
1JPY in Million
Estimates

Forecast Financial Ratios: SMC Corporation

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029

Profitability

        
EBITDA Margin (%) 34.15% 34.43% 29.55% 28.35% 27.93% 31.08% 30.99% 30.95%
EBIT Margin (%) 31.32% 31.31% 25.26% 24.02% 22.61% 25.06% 25.18% 24.98%
EBT Margin (%) 37.51% 37.44% 32.52% 26.65% 28.13% 27.95% 27.11% 26.85%
Net margin (%) 26.53% 27.23% 22.95% 19.74% 19.86% 20.24% 19.7% 19.66%
FCF margin (%) 5.48% 1.76% -4.34% 29.28% 9.66% 15.58% 15.99% 17.48%
FCF / Net Income (%) 20.66% 6.47% -18.89% 148.32% 48.66% 76.99% 81.19% 88.92%

Profitability

        
ROA 16.5% 16.55% 12.48% 10.01% 10.68% 8.71% 9.06% 9.05%
ROE 13.2% 13.8% 10% 8.2% 8.3% 10.2% 10.23% 9.97%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 10.67% 9.89% 13.17% 13.48% 18.12% 9.05% 6.64% 6.12%
CAPEX / EBITDA (%) 31.23% 28.73% 44.58% 47.53% 64.9% 29.13% 21.44% 19.77%
CAPEX / FCF (%) 194.56% 561.5% -303.76% 46.03% 187.58% 58.11% 41.53% 35%

Items per share

        
Cash flow per share 1 3,235 3,840 3,284 2,981 3,348 4,434 4,802 4,905
Change - 18.69% -14.46% -9.24% 12.3% 32.46% 8.29% 2.14%
Dividend per Share 1 750 900 950 1,000 1,000 1,048 1,158 1,219
Change - 20% 5.56% 5.26% 0% 4.76% 10.54% 5.31%
Book Value Per Share 1 23,808 26,332 29,339 30,255 33,499 35,184 37,486 40,053
Change - 10.6% 11.42% 3.12% 10.72% 5.03% 6.54% 6.85%
EPS 1 2,924 3,445 2,767 2,445 2,640 3,480 3,727 3,882
Change - 17.81% -19.67% -11.65% 7.99% 31.81% 7.11% 4.15%
Nbr of stocks (in thousands) 65,340 64,501 64,179 63,734 63,139 62,869 62,869 62,869
Announcement Date 5/13/22 A 5/15/23 A 5/14/24 A 5/14/25 A 5/14/26 A - - -
1JPY
Estimates
2027 *2028 *
P/E 18.9x 17.6x
PBR 1.87x 1.75x
EV / Sales 3.19x 2.88x
Yield 1.59% 1.76%

EPS & Dividend

EPS & Dividend - SMC Corporation


Y-o-Y evolution of P/E

Valuation ratios - P/E - SMC Corporation
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - SMC Corporation
Trader
Investor
Global
Quality
ESG MSCI
A
MarketScreener Ratings - SMC Corporation
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
65,750.00JPY
Average target price
85,746.67JPY
Spread / Average Target
+30.41%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - SMC Corporation
  1. Stock Market
  2. Stocks
  3. 6273 Stock
  4. Financials SMC Corporation