ดูเหมือนว่ามีข้อผิดพลาดเกิดขึ้นขณะกำลังโหลดหน้าเพจนี้.
ทีมงานของเราได้รับแจ้งแล้วแต่กรุณาติดต่อเราด้วยการใช้ วิจิทบริการสนับสนุนทางอีเมล หากปัญหายังคงมีอยู่
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBIT Multiple | 14.6x - 16.1x | 15.3x |
| Selected Fwd EBIT Multiple | 23.7x - 26.2x | 25.0x |
| Fair Value | $1.85 - $6.14 | $4 |
| Upside | -74.0% - -14.0% | -44.0% |
| Benchmarks | Ticker | Full Ticker |
| The Okinawa Electric Power Company, Incorporated | 9511 | TSE:9511 |
| Hokuriku Electric Power Company | 9505 | TSE:9505 |
| The Chugoku Electric Power Co., Inc. | 9504 | TSE:9504 |
| Chubu Electric Power Company, Incorporated | 9502 | TSE:9502 |
| Kyushu Electric Power Company, Incorporated | 9508 | TSE:9508 |
| Hokkaido Electric Power Company, Incorporated | HKEP.F | OTCPK:HKEP.F |
| - | - | - |
| Select LTM EBIT Multiple | |||||||
| Benchmark Companies | |||||||
| 9511 | 9505 | 9504 | 9502 | 9508 | HKEP.F | ||
| TSE:9511 | TSE:9505 | TSE:9504 | TSE:9502 | TSE:9508 | OTCPK:HKEP.F | ||
| Historical EBIT Growth | |||||||
| 5Y CAGR | -8.5% | 55.0% | 60.3% | 22.2% | 24.1% | 19.1% | |
| 3Y CAGR | -34.9% | 86.1% | 82.0% | 33.1% | 48.8% | 23.4% | |
| Latest Twelve Months | 227.0% | 22.5% | -43.5% | -31.7% | -53.2% | 0.3% | |
| Historical EBIT Profit Margin | |||||||
| 5 Year Average Margin | -1.6% | 2.6% | 2.2% | 4.2% | 4.0% | 5.7% | |
| Prior Fiscal Year | -21.7% | -9.0% | -4.1% | 2.7% | -3.3% | -2.5% | |
| Latest Fiscal Year | 1.5% | 14.2% | 12.7% | 9.5% | 11.9% | 10.6% | |
| Latest Twelve Months | 3.9% | 12.2% | 7.9% | 6.7% | 6.3% | 9.3% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 1.40x | 1.14x | 1.81x | 0.50x | 1.52x | 1.43x | |
| EV / LTM EBITDA | 10.3x | 5.8x | 11.6x | 4.2x | 8.3x | 8.6x | |
| EV / LTM EBIT | 35.5x | 9.3x | 22.8x | 7.4x | 24.1x | 15.5x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBIT | 7.4x | 22.8x | 35.5x | ||||
| Historical EV / LTM EBIT | -65.9x | 25.3x | 49.4x | ||||
| Selected EV / LTM EBIT | 14.6x | 15.3x | 16.1x | ||||
| (x) LTM EBIT | 84,621 | 84,621 | 84,621 | ||||
| (=) Implied Enterprise Value | 1,231,368 | 1,296,177 | 1,360,985 | ||||
| (-) Non-shareholder Claims * | (1,165,478) | (1,165,478) | (1,165,478) | ||||
| (=) Equity Value | 65,890 | 130,699 | 195,507 | ||||
| (/) Shares Outstanding | 205.3 | 205.3 | 205.3 | ||||
| Implied Value Range | 320.90 | 636.53 | 952.16 | ||||
| FX Rate: JPY/USD | 146.0 | 146.0 | 146.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 2.20 | 4.36 | 6.52 | 7.14 | |||
| Upside / (Downside) | -69.2% | -39.0% | -8.7% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 9511 | 9505 | 9504 | 9502 | 9508 | HKEP.F | |
| Enterprise Value | 328,749 | 963,989 | 2,759,536 | 1,780,468 | 3,462,185 | 1,379,582 | |
| (+) Cash & Short Term Investments | 19,796 | 197,453 | 234,181 | 280,984 | 290,872 | 129,678 | |
| (+) Investments & Other | 15,157 | 182,300 | 419,677 | 2,306,504 | 255,399 | 122,859 | |
| (-) Debt | (312,850) | (1,158,240) | (3,118,374) | (3,077,557) | (3,387,358) | (1,403,400) | |
| (-) Other Liabilities | (2,081) | (19,485) | 1,624 | (67,307) | (30,884) | (14,615) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 48,771 | 166,017 | 296,644 | 1,223,092 | 590,214 | 214,104 | |
| (/) Shares Outstanding | 54.3 | 208.9 | 359.6 | 755.2 | 472.5 | 205.3 | |
| Implied Stock Price | 898.00 | 794.90 | 825.00 | 1,619.50 | 1,249.00 | 1,042.73 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 146.04 | |
| Implied Stock Price (Trading Cur) | 898.00 | 794.90 | 825.00 | 1,619.50 | 1,249.00 | 7.14 | |
| Trading Currency | JPY | JPY | JPY | JPY | JPY | USD | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 146.04 | |