TSE: 9044 - Nankai Electric Railway Co., Ltd.

Yield per half year: +8.81%
Dividend yield: +2.65%
Sector: Industrials

Reporting Nankai Electric Railway Co., Ltd.

Capitalization

IFRS

Reporting Annual Quarterly

	2019	2020	2021	2022	2023	2024	LTM	5 year average	CAGR 5
Капитализация, млрд ¥							338.04
Выручка, млрд ¥	227.42	228.02	190.81	201.79	221.28	241.59	241.59	216.70	1.16
Чистая прибыль, млрд ¥	13.02	20.81	-1.54	4.02	14.62	23.93	23.93	12.37	2.83
EV, млрд ¥	806.56	702.95	751.65	707.57	766.68	749.24	749.24	735.62	1.28
EBIT, млрд ¥	20.3	35.22	5.55	12.19	21.02	37.1	37.1	22.22	1.05
EBITDA, млрд ¥	48.21	65.17	35.71	41.01	48.87	64.8	64.8	51.11	-0.11
Баланс стоимость, млрд ¥	230.85	244.41	246.5	248	261.12	292.58	292.58	258.52	3.66
FCF, млрд ¥	38.73	58.94	21.34	18.64	6.14	31.83	31.83	27.38	-11.59
Операционный денежный поток, млрд ¥	38.73	58.94	21.34	41.88	39.09	62.22	62.22	44.69	1.09
Операционная прибыль, млрд ¥	27.75	35.22	5.55	12.19	21.02	30.82	30.82	20.96	-2.63
Операционные расходы, млрд ¥	7.43	7.12	6.81	6.67	6.72	7.07	7.07	6.88	-0.14
CAPEX, млрд ¥	55.92	55.98	36.76	23.24	32.95	30.39	30.39	35.86	-11.50

	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	5 quarters average	CAGR 5
Выручка, млрд ¥	56.4	55.55	9 013.66	54.85	62.83	66.42	57.51	59.72	63.86	63.54	62.21	-0.88
Чистая прибыль, млрд ¥	3.97	4.57	460.62	4.24	4.63	13.04	2.02	6.72	5.83	7.66	7.05	-10.09
EV, млрд ¥	767.01	758.28	120 191.4	793.76	751.25	729.28	752.64	690.52	656.53	680.26	701.85	-1.38
EBIT, млрд ¥	4.65	6.44	805.07	0.692	7.52	18.37	4.11	27.45	9.38	10.95	14.05	-9.83
EBITDA, млрд ¥	4.62	6.86	875.78	7.46	14.36	25.28	11.2	17.57	16.25	17.88	17.64	-6.69
Баланс стоимость, млрд ¥	251.27	257.63	40 938.7	266.26	271.52	284.52	292.58	297.47	298.69	307.55	296.16	1.57
FCF, млрд ¥			14.02	13.54	4.07	13.81					11.36	-0.38
Операционный денежный поток, млрд ¥	15.37		14.02	13.54	10.37	13.81					13.42	-2.12
Операционная прибыль, млрд ¥	4.65	6.44	805.07	6.83	7.41	12.52	4.06	9.88	8.38	10.95	9.16	-2.64
Операционные расходы, млрд ¥	1.72	1.61	272.33	1.73	1.82	1.66	1.87	1.82	1.99	1.88	1.84	2.52
CAPEX, млрд ¥	16.96		32.95		6.3						18.74	-28.12

	5 quarters average	CAGR 5

Cash flow Cash flow quarterly Assets

Balance sheet

IFRS

Reporting Annual Quarterly

	2019	2020	2021	2022	2023	2024	LTM	5 year average	CAGR 5
Наличность, млрд ¥	18.36	17.87	41.86	36.47	38.41	43.29	43.29	35.58	19.36
Short Term Investments ¥	0.19	0.73	1.88	10.59	12.22	0.263	0.263	5.14	-18.47
Total Receivables ¥	23.1	19.48	26.13	23.01	23.8	22.95	22.95	23.07	3.33
Total Current Assets ¥	80.86	73.22	101.07	85.15	103.62	105.35	105.35	93.68	7.55
Чистые активы, млрд ¥	80.86	73.22	101.07	777.09	768.72		768.72	360.19	56.89
Активы, млрд ¥	918.38	925.06	962.23	920.98	935.11	950.65	950.65	938.81	0.55
Short Term Debt ¥	87.43	101.53	85.78	84.7	104.78	90.52	90.52	93.46	-2.27
Long Term Debt ¥	391.23	361.43	421.33	398.71	370.71	340.46	340.46	378.53	-1.19
Задолженность, млрд ¥	676.83	669.06	703.66	660.26	660.53	643.55	643.55	667.41	-0.77
Чистый долг, млрд ¥	460.29	445.08	464.62	446.02	436.11	387.69	387.69	435.90	-2.72
Долг, млрд ¥	478.65	462.95	506.48	483.42	475.48	430.98	430.98	471.86	-1.42
Расходы на обслуживание долга ¥	4.6	4.31	4.15	3.82	3.49	3.3	3.3	3.81	-5.20
Чист. проц. доходы, млрд ¥	0.027	0.026	0.024	0.024	0.025	0.026	0.025	0.0250	0.00
Амортизация, млрд ¥	27.91	29.95	30.15	28.82	27.85	27.71	27.71	28.90	-1.54
Себестоимость, млрд ¥		185.67	178.45	182.93	193.53	203.71	203.71	188.86	1.87
Товарно материальные запасы ¥	18.29	20.62	19.85	16.52	26.69	25.02	25.02	21.74	3.94

	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	5 quarters average	CAGR 5
Наличность, млрд ¥			31.58	26.77	6 021.81	29.99	25.16	24.42	42.4	28.35	18.99	25.88	28.01	1.17
Short Term Investments ¥					361.85	15.89	0.904	13	0.884				78.51	-69.97
Total Receivables ¥			21.87	24.67	3 747.7	22.33	27.03	23.12	22.95	22.3	27.39	28.91	24.93	4.57
Total Current Assets ¥			79.34	83.41	16 245.04	90.25	87.54	94.08	105.35	89.04	86.48	100.71	95.13	1.37
Чистые активы, млрд ¥	85.15	82.98	79.34	83.41	120 520.99	769.33							24307.21	56.11
Активы, млрд ¥			914.36	918.22	146 608.13	927.97	926.42	925.9	950.65	931.79	925.02	951.48	936.97	0.55
Short Term Debt ¥			99.69	98.24	16 426.91	106.85	99.4	99.02	90.52	80.14	80.85	85.77	87.26	-2.83
Long Term Debt ¥		388.66	370.96	364.98	58 119.73	350.61	340.25	334.97	340.46				11897.20	-64.23
Задолженность, млрд ¥			650.37	647.57	103 558.37	648.08	641.19	627.37	643.55	619.51	611.54	627.35	625.86	-0.00
Чистый долг, млрд ¥			439.07	436.46	68 373.06	427.47	414.49	409.57	391.09	391.42	389.37	399.17	396.12	-0.51
Долг, млрд ¥			470.65	463.22	74 394.87	457.46	439.65	433.99	433.49	419.77	408.36	425.05	424.13	-0.42
Расходы на обслуживание долга ¥		0.902	0.896	0.862	130.76	0.859	0.852	0.804	0.785	0.796	0.788		0.8050	-1.55
Чист. проц. доходы, млрд ¥	0.011	0.001	0.012	0.002	1.57	38.88	1.88	0.1568	0.012				8.50	-62.27
Амортизация, млрд ¥			-0.026	0.418	70.71	6.77	6.83	6.91	7.08	-9.88	6.87	6.93	3.58	0.06
Себестоимость, млрд ¥						46.29	53.6	52.24	51.58	48.02	53.48	50.7	51.20	-0.60
Товарно материальные запасы ¥			16.8	20.36	4 184.8	28.98	25.92	21.76	25.02	26.88	27.65	30.83	26.43	7.22

	5 quarters average	CAGR 5

Share

IFRS

Reporting Annual Quarterly

	2019	2020	2021	2022	2023	2024	2025	LTM	5 year average	CAGR 5
EPS	114.9	183.68	-13.55	35.5	129.12	211.3		211.3	109.21	2.84
Цена акции ао				2851	2865	2482.5	2589	2589	2696.88	-2.38
Число акций ао, млн	113.34	113.3	113.27	113.28	113.25	113.23		113.23	113.27	-0.01
FCF/акцию	341.69	520.17	188.38	164.57	54.2	281.11		281.11	241.69	-11.58

	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	5 quarters average	CAGR 5
EPS	35.04	40.33	4068.09	37.4	40.91	115.13	17.86	59.33	51.51	67.65		62.30	-10.09
Цена акции ао											2589	2589.00	0.00
FCF/акцию			123.8	119.58	35.92	121.98						100.32	-0.37

	5 quarters average	CAGR 5

Efficiency

IFRS

Reporting Annual Quarterly

	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
ROE, %	5.75	8.76	-0.6254	1.63	5.74	8.64		8.64	10.38	4.83	-0.28
ROA, %	1.43	2.26	-0.1627	0.427	1.58	2.54		2.54	5.53	1.33	2.36
ROIC, %		3.22	0.1271	0.9363	2.37			2.37	9.72	1.66	-7.38
ROS, %		9.13	-0.9753	1.99	6.61	9.9	9.9	9.9	6.69	5.48	-258.96
ROCE, %	2.74	4.84	0.7022	1.58	2.77	4.83	12.08	12.08	13.92	4.39	76.65
Ebit margin, %		15.45	2.91	6.04	9.5	15.35	15.35	15.35		9.83	39.46
Рентаб EBITDA, %	21.2	28.58	18.71	20.32	22.09	26.82	26.82	26.82	13.92	22.95	7.47
Чистая рентаб, %	5.73	9.13	-0.8	1.99	6.61	9.9		9.9	6.69	5.37	1.63
Operation Margin, %		15.45	2.91	6.04	9.5	12.76	12.76	12.76	8.77	8.79	34.40

	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q2	Industry average	5 quarters average	CAGR 5
ROE, %	1.6	1.83	1.16	1.59	1.77	4.87	0.7358	2.38	2.01	2.59		10.38	2.52	-11.86
ROA, %	0.4332	0.4986	0.3171	0.4564	0.4996	1.41	0.2155	0.7138	0.6282	0.8164		5.53	0.7568	-10.35
ROIC, %					0.8485							9.72	0.8485	0.00
ROS, %				7.72	7.37	19.63	3.52	11.25	9.13	12.06	9.9	6.69	9.17	22.98
ROCE, %		0.8516	0.6815	0.2472	1	2.45	0.5466	3.62	1.23	1.42	12.08	13.92	3.78	85.73
Ebit margin, %					11.97	27.66	7.15	45.96	14.69	17.23	15.35		20.08	16.51
Рентаб EBITDA, %		12.35	9.72	13.61	22.85	38.06	19.47	29.43	25.45	28.14	26.82	13.92	25.86	6.62
Чистая рентаб, %	7.04	8.23	5.11	7.72	7.37	19.63	3.52	11.25	9.13	12.06		6.69	11.12	-9.28
Operation Margin, %				12.45	11.79	18.86	7.06	16.54	13.12	17.23	12.76	8.77	13.34	12.57

	Industry average	5 quarters average	CAGR 5

Coefficients

IFRS

Reporting Annual Quarterly

	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
P/E	26.59	12.39		65.05	22.61	15.11		15.11	83.17	28.35	-10.69
P/BV	1.43	1.01	1.11	1	1.2	1.18		1.18	68.05	1.10	3.16
P/S	1.52	1.13	1.5	1.3	1.49	1.5		1.5	67.56	1.38	5.83
P/FCF					8.65	10.62	10.62	10.62	46.42	9.96	7.08
E/P					0.0432	0.0708	0.0708	0.0708	0.39	0.0616	17.90
EV/EBIT		19.96	135.36	58.04	36.47	20.2	20.2	20.2		54.05	-31.64
EV/EBITDA	16.73	10.79	21.05	17.25	15.69	11.56		11.56	74.76	15.27	1.39
EV/S		3.08	3.94	3.51	3.46	3.1	3.1	3.1	67.58	3.42	-4.68
EV/FCF		237.96	-48.75	37.96	124.91	23.54	23.54	23.54	18.84	32.24	-186.45
Debt/EBITDA	9.93	7.1	14.18	11.79	9.73	6.65	6.65	6.65	2.59	9.80	-14.05
Netdebt/Ebitda		6.83	13.01	10.88	8.92	5.98	5.98	5.98	0.07	8.95	-14.40
Debt/Ratio		0.5005	0.527	0.5249	0.5085	0.4534	0.4534	0.4534	0.16	0.4934	-2.96
Debt/Equity		1.89	2.06	1.95	1.82	1.47	2.1	2.1	1.02	1.88	0.39
Debt/Net Income		22.25	-272.49	120.22	32.52	18.01	18.01	18.01	5.09	-16.7460	-158.08
PEG							-0.1734	-0.1734		-0.1734	0.00
Бета					-0.5703	0.928	0.1483	0.1483	-44.45	0.1687	-163.83
Индекс Альтмана					1.95	2.13	2.13	2.13	7.66	2.07	2.99

	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	Industry average	5 quarters average	CAGR 5
P/E	32.7	29.23	22.61	23.32	20.57	12.87	15.11	11.33	9.68	12.64			83.17	12.33	-0.36
P/BV	1.24	1.19	1.2	1.31	1.18	1.07	1.18	0.9578	0.8522	0.8672			68.05	0.9854	-4.12
P/S	1.5	1.48	1.49	1.63	1.46	1.32	1.5	1.21	1.08	1.15			67.56	1.25	-2.72
P/FCF												10.62	46.42	10.62	0.00
E/P												0.0708	0.39	0.0708	0.00
EV/EBIT					99.86	39.7	182.99	25.15	69.99	62.12		20.2		72.09	-35.64
EV/EBITDA	40.12	38.46	34.13	106.37	13.92	11.12	11.64	10.1	9.34	10.81			74.76	10.60	-0.56
EV/S				14.47	11.96	10.98	13.09	11.56	10.28	10.71		3.1	67.58	9.75	-25.03
EV/FCF				58.62	184.72	52.8						23.54	18.84	79.92	-20.40
Debt/EBITDA		67.52	84.95	61.31	30.63	17.17	38.72	23.89	25.12	23.78		6.65	2.59	23.63	-29.70
Netdebt/Ebitda				57.29	28.87	16.2	34.93	22.27	23.96	22.33		5.98	0.07	21.89	-29.74
Debt/Ratio				0.493	0.4746	0.4687	0.456	0.4505	0.4415	0.4467		0.4534	0.16	0.4496	-0.11
Debt/Equity				1.72	1.62	1.53	1.48	1.41	1.37	1.38		2.1	1.02	1.55	7.25
Debt/Net Income				108.02	94.92	33.29	214.39	62.48	70.02	55.49		18.01	5.09	84.08	-39.07
PEG												-0.1734		-0.1734	0.00
Бета											-1.03	0.1483	-44.45	-0.4409	-137.94
Индекс Альтмана											2.13	2.13	7.66	2.13	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		3.39	3.39	1.98	2.82	2.83	2.81			2.81		2.77	-3.68
Дивиденд	18	30	30	17.5	25	25	25	52.5	22.5	40		30.00	-2.09
Див доход, ао, %	0.6419	0.9885	1.01	0.6677	1.18	2.17	1.71	2.24	3.05	2.65	4.35	2.07	20.92
Дивиденды / прибыль, %			26.03	16.3	-151.48	70.11	19.33	11.76		11.76	37.32	-6.7960	-6.32
Dividend Coverage Ratio									8.51	8.51		8.51	0.00

	2022Q3	2023Q1	2023Q3	2025Q2	Industry average	5 quarters average	CAGR 5
Див.выплата, млрд	2.81	2.83	1.4			2.35	-20.72
Дивиденды / прибыль, %	70.77	96.22	30.28		37.32	65.76	-24.65
Dividend Coverage Ratio				8.51		8.51	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	8905	8905	0.00

	CAGR 5

	CAGR 5