TSE: 5947 - Rinnai Corporation

Yield per half year: -6.85%
Dividend yield: +2.99%
Sector: Consumer Cyclical

Reporting Rinnai Corporation

Capitalization

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	2024	LTM	5 year average	CAGR 5
Капитализация, млрд ¥								452.09
Выручка, млрд ¥	347.07	348.02	340.46	344.36	366.19	425.23	430.19	430.19	381.29	4.79
Чистая прибыль, млрд ¥	21.19	20.48	21.56	27.58	23.75	26.1	26.67	26.67	25.13	4.35
EV, млрд ¥	396.81	262.2	210.69	445.79	289.86	329	354.99	354.99	326.07	11.00
EBIT, млрд ¥	31	29.64	34.42	40.69	39.12	44.64	46	46	40.97	5.97
EBITDA, млрд ¥	42.29	41.52	48.22	54.06	50.96	58	60.88	60.88	54.42	4.77
Баланс стоимость, млрд ¥	287.28	299.13	315.61	342.33	343.12	364.15	387.77	387.77	350.60	4.20
FCF, млрд ¥	13.47	14.41	27.3	36.21	7.86	-7.32	5.99	5.99	14.01	-26.17
Операционный денежный поток, млрд ¥	29.91	29.48	37.69	49.49	28.7	19.39	43.35	43.35	35.72	2.84
Операционная прибыль, млрд ¥	32.85	30.88	34.42	40.69	35.86	41.42	39.03	39.03	38.28	2.55
Операционные расходы, млрд ¥	79.22	81.22	78.15	74.64	80.69	96.97	98.48	98.48	85.79	4.73
CAPEX, млрд ¥	16.44	15.07	10.39	13.28	20.84	26.71	37.36	37.36	21.72	29.17

	2022Q1	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	5 quarters average	CAGR 5
Выручка, млрд ¥		99.34	119.75	17 424.03	89.85	102.84	117.47	120.02	98.19	113.94	120.2	113.96	0.46
Чистая прибыль, млрд ¥		6.37	8.04	732.64	3.29	4.61	9.47	9.29	6.82	5.43	10.63	8.33	2.34
EV, млрд ¥		342.97	327.32	49 655.19	349.21	294.2	343.76	382.53	395.97	347.51	318.27	357.61	-1.53
EBIT, млрд ¥		9.01	14.6	1 211.92	5.91	9.03	15.55	15.52	10.9	12.2	13.98	13.63	-2.11
EBITDA, млрд ¥		10.83	14.36	1 287.33	9.17	12.58	19.45	19.6	14.34	15.76	17.67	17.36	-1.90
Баланс стоимость, млрд ¥		357.14	363.02	57 091.87	362.4	368.43	375.52	387.78	390.68	399.99	391.75	389.14	0.85
FCF, млрд ¥			7.19	7.53	6.51	7.1	7.81					7.23	1.67
Операционный денежный поток, млрд ¥	29.08	12.15	7.19	7.53	6.51	7.1	7.81					7.23	1.67
Операционная прибыль, млрд ¥		9.01	14.6	1 211.92	3.11	7.01	15.35	10.1	8.72	12.28	14.06	12.10	-1.74
Операционные расходы, млрд ¥		22.26	25.69	4 219.3	22.89	23.98	25.51	26.1	23.98	26.65	27.23	25.89	1.31
CAPEX, млрд ¥	20.84	10.88		26.71								19.48	8.62

	5 quarters average	CAGR 5

Cash flow Cash flow quarterly Assets

Balance sheet

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	2024	LTM	5 year average	CAGR 5
Наличность, млрд ¥	124.77	140.26	167.09	186.41	173.24	150.88	147.6	147.6	165.04	-2.45
Short Term Investments ¥		17.13	6.36	18.52	12.25	7.74	8.07	8.07	10.59	4.88
Total Receivables ¥		75.5	73.89	81.6	79.14	83.93	98.4	98.4	83.39	5.90
Total Current Assets ¥		280.89	294.71	332.15	333.96	341.52	341.44	341.44	328.76	2.99
Чистые активы, млрд ¥	266.98	280.89	294.71	332.15	100.6	118.17		118.17	225.30	-15.90
Активы, млрд ¥	424.74	430.88	450.49	497.29	477.13	547.11	577.09	577.09	509.82	5.08
Short Term Debt ¥		0.171	0.778	0.614	0.712	1.09	1.31	1.31	0.9008	10.98
Long Term Debt ¥		0.043	0.995	1.11	1.35	1.6		1.6	1.02	106.12
Задолженность, млрд ¥	116.78	110.19	109.53	125.97	134.01	139.92	139.65	139.65	129.82	4.98
Чистый долг, млрд ¥	-124.77	-140.26	-167.09	-186.41	-173.24	-148.19	-147.6	-147.6	-164.5060	-2.45
Долг, млрд ¥		0.214	1.77	1.73	2.06	2.69	3.76	3.76	2.40	16.26
Расходы на обслуживание долга ¥		0.048	0.048	0.05	0.064	0.073	0.079	0.079	0.0628	10.48
Чист. проц. доходы, млрд ¥	0.952	0.888	1.08	0.957	2.6	2.58	2.5	2.58	1.94	18.28
Амортизация, млрд ¥		11.88	13.8	13.37	11.84	13.36	14.88	14.88	13.45	1.52
Себестоимость, млрд ¥			227.89	229.03	249.63	286.83	292.34	292.34	257.14	5.11
Товарно материальные запасы ¥		45.72	44.63	43.09	64.63	92.83	81.65	81.65	65.37	12.84

	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	5 quarters average	CAGR 5
Наличность, млрд ¥				161.59	161.81	23 655.62	125.57	127.95	132.5	123.83	139.59	153.76	140.8	138.10	1.22
Short Term Investments ¥				16.33	7.63	1 213.02	2.93	5.58	5.03	31.84	8.96	7.21	8.2	12.25	10.27
Total Receivables ¥				86.01	87.32	12 367.84	78.15	90.28	101.07	98.4	94.18	95.26	99.83	97.75	-0.25
Total Current Assets ¥				350.68	359	53 543.91	312.46	324.11	335.49	341.44	330.68	346	336.01	337.92	0.03
Чистые активы, млрд ¥	323.7	333.96	341.16	350.68	112.57	18 526.21	139.96							3894.12	-16.32
Активы, млрд ¥				502.71	511.36	85 777.18	539.06	552.67	565.72	577.09	570.19	586.74	574.65	574.88	0.31
Short Term Debt ¥						170.89				-5.24				82.82	-117.51
Long Term Debt ¥						250.85								250.85	0.00
Задолженность, млрд ¥				145.57	148.35	21 936.2	135.02	138.55	141.57	139.65	131.53	133.82	131.57	135.63	-1.45
Чистый долг, млрд ¥				-161.59	-161.81	-23 233.87	-108.65	-110.24	-113.03	-120.07	-139.59	-153.76	-140.8	-133.4500	4.49
Долг, млрд ¥					15.42	421.74	16.92	17.7	19.47	3.76				95.92	-61.09
Расходы на обслуживание долга ¥		0.018	0.017	0.018	0.017	3.29	0.014	0.015	0.024	0.026	0.01			0.0178	-6.51
Чист. проц. доходы, млрд ¥	0.233	0.957	0.344	0.379	0.443	48.92	82.15	97.2	96.11	0.744				65.02	-56.71
Амортизация, млрд ¥				1.82	-0.24	75.41	3.26	3.55	3.9	4.08	3.44	3.57	3.7	3.74	-1.05
Себестоимость, млрд ¥							63.85	71.86	76.61	83.83	65.49	75.02	78.9	75.97	0.59
Товарно материальные запасы ¥				80.6	89.64	14 553.53	97.08	94.71	90.38	81.65	81.79	82.44	79.61	83.17	-2.51

	5 quarters average	CAGR 5

Share

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	2024	2025	LTM	5 year average	CAGR 5
EPS	136.8	132.81	139.83	178.87	154.01	176.91	184.75		184.75	166.87	5.73
Цена акции ао					3276.66	3268	3259	3559	3559	3340.66	2.09
Число акций ао, млн		154.2	154.2	154.2	154.2	147.51	144.34		144.34	150.89	-1.31
FCF/акцию	86.95	93.43	177.05	234.83	50.95	-49.64	41.48		41.48	90.93	-25.19

	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	5 quarters average	CAGR 5
EPS	42.66	53.87	5000.77	22.48	31.95	66.05	64.38	47.71	38.25	75.47		58.37	2.70
Цена акции ао											3559	3559.00	0.00
FCF/акцию		48.17	51.4	44.55	49.14	54.44						49.54	2.48

	5 quarters average	CAGR 5

Efficiency

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
ROE, %	7.57	6.98	7.01	8.38	6.93	7.38	7.09		7.09	9.90	7.36	0.23
ROA, %	5.11	4.79	4.89	5.82	4.87	5.1	4.74		4.74	5.18	5.08	-0.62
ROIC, %			8.49	10.07	8.95	9.41			9.41	8.22	9.23	2.61
ROS, %			6.33	8.01	6.49	6.14	6.2	6.2	6.2	5.36	6.61	-4.99
ROCE, %	9.34	8.65	9.46	10.23	10.62	10.28	9.78	10.52	10.52	13.72	10.29	0.56
Ebit margin, %			10.25	12.75	10.68	10.5	10.69	10.69	10.69		11.06	-3.46
Рентаб EBITDA, %	12.19	11.93	14.16	15.7	13.92	13.64	14.15	14.15	14.15	12.39	14.31	-2.06
Чистая рентаб, %	6.11	5.88	6.33	8.01	6.49	6.14	6.2		6.2	5.36	6.63	-0.41
Operation Margin, %			10.11	11.82	9.79	9.74	9.07	9.07	9.07	7.91	9.90	-5.16

	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q2	Industry average	5 quarters average	CAGR 5
ROE, %	1.84	2.29	1.31	0.9124	1.27	2.59	2.51	1.81	1.41	2.72		9.90	2.21	0.98
ROA, %	1.23	1.59	0.883	0.6054	0.8453	1.69	1.63	1.19	0.9387	1.83		5.18	1.46	1.60
ROS, %				3.66	4.49	8.06	7.74	6.94	4.77	8.84	6.2	5.36	6.90	-4.34
ROCE, %		3.75	1.91	1.44	2.13	3.52	3.45	2.37	2.59	2.93	10.52	13.72	4.37	24.98
Ebit margin, %				6.58	8.78	13.23	12.93	11.1	10.7	11.63	10.69		11.41	-3.73
Рентаб EBITDA, %		12	7.39	10.2	12.23	16.56	16.33	14.61	13.84	14.7	14.15	12.39	14.73	-2.83
Чистая рентаб, %	6.41	6.72	4.2	3.66	4.49	8.06	7.74	6.94	4.77	8.84		5.36	7.27	1.86
Operation Margin, %				3.46	6.81	13.07	8.41	8.88	10.78	11.7	9.07	7.91	9.77	1.52

	Industry average	5 quarters average	CAGR 5

Coefficients

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
P/E	24.61	19.65	17.52	22.92	19.5	18.29	18.85		18.85	174.62	19.42	1.47
P/BV	1.69	1.25	1.11	1.7	1.35	1.17	1.15		1.15	149.03	1.30	0.71
P/S	1.5	1.16	1.11	1.84	1.26	1.12	1.17		1.17	148.13	1.30	1.06
P/FCF						-61.76	75.51	75.51	75.51	65.38	29.75	-206.93
E/P						0.0577	0.059	0.059	0.059	0.39	0.0586	0.75
EV/EBIT			6.04	10.16	7.41	7.37	7.72	7.72	7.72		8.08	-5.34
EV/EBITDA	9.38	6.32	4.37	8.25	5.69	5.67	5.83		5.83	144.01	5.96	5.93
EV/S			0.6189	1.29	0.7916	0.7737	0.8252	0.8252	0.8252	148.14	0.9011	-8.55
EV/FCF			7.72	12.31	36.89	-44.93	59.29	59.29	59.29	58.38	24.57	36.94
Debt/EBITDA		0.005	0.0368	0.0319	0.0404	0.0464	0.0618	0.0618	0.0618	1.81	0.0485	14.14
Netdebt/Ebitda			-3.47	-3.45	-3.4	-2.55	-2.42	-2.42	-2.42	0.18	-2.8480	-6.85
Debt/Ratio			0.0039	0.0035	0.0043	0.0049	0.0065	0.0065	0.0065	0.19	0.0051	13.18
Debt/Equity			0.0056	0.005	0.006	0.0074	0.0097	0.3193	0.3193	1.19	0.0695	129.64
Debt/Net Income			0.0822	0.0625	0.0867	0.1031	0.141	0.141	0.141	39.87	0.1069	17.67
PEG								0.7154	0.7154		0.7154	0.00
Бета						2.23	-0.574	-0.2355	-0.2355	49.23	0.4735	-147.27
Индекс Альтмана						1.63	1.52	1.54	1.54	-10.40	1.56	-1.88

	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	Industry average	5 quarters average	CAGR 5
P/E	20.13	18.36	18.09	20.75	19.98	20.9	18.84	17.84	16.32	14.43			174.62	17.67	-7.14
P/BV	1.41	1.35	1.14	1.13	0.9766	1.08	1.15	1.22	1.11	1.04			149.03	1.12	-0.75
P/S	1.35	1.21	1.11	1.1	0.9701	1.1	1.17	1.23	1.12	1.03			148.13	1.13	-1.31
P/FCF												75.51	65.38	75.51	0.00
E/P												0.059	0.39	0.0590	0.00
EV/EBIT				59.08	32.58	22.11	24.65	36.33	28.5	22.77		7.72		23.99	-20.72
EV/EBITDA	8.87	7.21	7.06	6.74	5.84	6.58	6.29	6	5.03	4.72			144.01	5.72	-6.43
EV/S				3.89	2.86	2.93	3.19	4.03	3.05	2.65		0.8252	148.14	2.75	-23.69
EV/FCF				53.61	41.46	44.03						59.29	58.38	49.60	2.55
Debt/EBITDA		1.07	0.3276	1.85	1.41	1	0.1919					0.0618	1.81	0.9027	-49.33
Netdebt/Ebitda				-11.85	-8.77	-5.81	-6.13	-9.73	-9.75	-7.97		-2.42	0.18	-7.2000	-16.96
Debt/Ratio				0.0314	0.032	0.0344	0.0065					0.0065	0.19	0.0222	-27.02
Debt/Equity				0.0467	0.048	0.0518	0.0097					0.3193	1.19	0.0951	46.88
Debt/Net Income				5.15	3.84	2.06	0.4048					0.141	39.87	2.32	-51.31
PEG												0.7154		0.7154	0.00
Бета											-1.94	-0.2355	49.23	-1.0877	-65.16
Индекс Альтмана											1.54	1.54	-10.40	1.54	0.00

	Industry average	5 quarters average	CAGR 5

Dividends

IFRS

Reporting Annual Quarterly

	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
Див.выплата, млрд	4.55	4.73	4.93	5.4	7.08	7.15	8.44			8.44		6.60	11.35
Дивиденд	29.33	30.67	32	18.33	23.33	48.33	58.33	70	40	80		48.00	11.39
Див доход, ао, %	0.8679	1.13	1.14	0.4443	0.6422	2.07	2.98	2.8	3.19	2.99	3.59	2.34	37.79
Дивиденды / прибыль, %		21.46	23.09	22.88	19.56	29.81	27.38	31.65		31.65	84.97	26.26	6.70
Dividend Coverage Ratio									3.16	3.16		3.16	0.00

	2022Q1	2022Q3	2023Q1	2025Q2	Industry average	5 quarters average	CAGR 5
Див.выплата, млрд	7.08	3.48	7.15			5.90	0.33
Дивиденды / прибыль, %	101.81	54.66	152.92		84.97	103.13	14.52
Dividend Coverage Ratio				3.16		3.16	0.00

	Industry average	5 quarters average	CAGR 5

Pay for your subscription

More functionality and data for company and portfolio analysis is available by subscription

Subscribe

Other

IFRS

Reporting Annual

	2023	2024	CAGR 5
Персонал, чел	11150	11150	0.00

	CAGR 5

	CAGR 5