Analysis Mitachi Co., Ltd. (3321)
5/28/2024
Analysis of Mitachi Co., Ltd. (3321)
Mitachi Co., Ltd. is showing some mixed signals based on the recent data. The RSI indicator has been fluctuating around the neutral level of 50, indicating a lack of strong trend. The MACD indicator has been positive, suggesting some bullish momentum, but the MACD histogram has been fluctuating, indicating some uncertainty in the trend direction.The moving averages (SMA, EMA, WMA) have been relatively close to each other, indicating a lack of clear trend direction. The price has been fluctuating within a range, with no clear breakout in either direction.
Overall, Mitachi Co., Ltd. appears to be in a consolidation phase with no clear trend direction at the moment. Traders and investors may need to wait for more decisive signals before making any significant trading decisions.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous quarter's results, ending on February 27, 2025, were handled by the Transfer Agent. The quarter before that, ending on January 31, 2025, had results released After Hours. The results for the quarter ending on October 31, 2024, were not provided at the time. However, for the quarter ending on August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.32.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits for a specific company.In terms of financials, the company has strong cash flow with operating cash flow at $110.56 billion and levered free cash flow at $84.73 billion. The balance sheet shows a total cash of $67.15 billion, total debt of $104.59 billion, and a current ratio of 1.037. The profit margin is 26.31% and the company's fiscal year ends on September 30, 2023. The income statement reveals an EBITDA of $131.39 billion, revenue of $381.62 billion, and a diluted EPS of 6.44.
Moving on to stock statistics, the company has a short ratio of 1.66, with 94.31 million shares being shorted out of 15.31 billion float shares. The average trading volume over 10 days is 52.90 million shares and over 90 days is 62.82 million shares. The stock has a market capitalization of $2.91 trillion.
Valuation metrics show a PEG ratio of 26.21, forward PE of 26.21, trailing PE of 29.43, price to book ratio of 39.18, and price to sales ratio of 7.62. The enterprise value is $2.95 trillion, with enterprise to EBITDA ratio at 22.75 and enterprise to revenue ratio at 7.73.
The stock price summary includes a beta of 1.26, 50-day moving average of $173.69, 200-day moving average of $180.79, and a 52-week range from $164.08 to $199.62.
Lastly, in dividends and splits, the company has a payout ratio of 14.93% and a forward annual dividend rate of $1, with a trailing annual dividend yield of 0.51%. The last split date was on August 31, 2020, with a 4-for-1 split factor.
Income statement 💸
These are the revenue figures. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the years, from $274.5 billion in 2020 to $383.3 billion in 2023.
2. Despite the increase in sales, the cost of goods sold has also been rising, indicating a potential need for cost management strategies.
3. The gross profit margin has remained relatively stable over the years, suggesting efficient cost control measures.
4. Operating income has shown a positive trend, reaching $114.3 billion in 2023 from $66.3 billion in 2020.
5. Net income has also been increasing consistently, from $57.4 billion in 2020 to $97 billion in 2023, indicating overall profitability growth.
6. Earnings per share (EPS) have shown a slight fluctuation but have generally increased over the years.
7. The company has been able to maintain a healthy EBITDA margin, reflecting strong operational performance.
8. The company's effective tax rate has remained relatively stable, indicating consistent tax planning strategies.
9. Overall, the financial performance of the company in terms of revenue and profitability has been positive and shows a growth trajectory.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, from $323.9 billion in 2018 to $352.8 billion in 2023.
2. Current assets have fluctuated, with the highest value in 2019 at $162.8 billion and the lowest in 2022 at $135.4 billion.
3. Non-current assets have shown an increasing trend, reaching $217.4 billion in 2022 and then slightly decreasing to $209 billion in 2023.
4. Total liabilities have also been increasing, from $255.4 billion in 2018 to $290.4 billion in 2023.
5. Shareholders' equity has shown an increasing trend, with the highest value in 2018 at $107.1 billion and the lowest in 2022 at $50.7 billion.
6. The company has been relying more on non-current liabilities over the years, as seen in the increasing trend of non-current liabilities compared to current liabilities.
7. The company has been investing more in non-current assets, such as investments and advances, machinery, furniture, and equipment, which indicates potential long-term growth strategies.
Cash Flow 💶
This is the cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing year over year, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. The end cash position has also been fluctuating, reaching its highest value in 2020.
5. Financing activities show a pattern of common stock repurchase, issuance of long-term debt, and payment of dividends.
6. Investing activities include the sale and purchase of investments, as well as capital expenditures.
7. Overall, the company's financial performance seems to be stable, with some fluctuations in key metrics over the years.
Earnings estimate
Based on analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average EPS estimate is $1.33, with a low estimate of $1.27 and a high estimate of $1.36. This shows growth compared to the EPS of $1.26 from the same quarter a year ago.
2. For the next quarter ending on September 30, 2024, the average EPS estimate is $1.53, with a low estimate of $1.44 and a high estimate of $1.63. This indicates an increase from the EPS of $1.46 from the same quarter a year ago.
3. For the current fiscal year ending on September 30, 2024, the average EPS estimate is $6.59, with a low estimate of $6.43 and a high estimate of $6.92. This reflects growth compared to the EPS of $6.13 from the previous fiscal year.
4. For the next fiscal year ending on September 30, 2025, the average EPS estimate is $7.23, with a low estimate of $6.40 and a high estimate of $7.90. This suggests an increase from the EPS of $6.59 from the current fiscal year.
Overall, the analysts' estimates point towards a positive outlook for the company's earnings per share, showing growth in both the quarterly and annual periods.
Revenue estimate
Based on analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $83,776,900,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 24.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $92,375,300,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 24.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $386,681,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 37.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $411,555,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 37.
Growth estimates
Based on the consensus estimates provided:- The company is expected to experience a growth rate of 7.5% in the current year.
- The growth rate is projected to increase to 5.6% in the current quarter and further to 4.8% in the next quarter.
- Over the next year, the growth rate is expected to reach 9.7%.
- Looking ahead, the company is forecasted to achieve an annual growth rate of 11% over the next 5 years.
- However, when compared to the past 5 years where the company had a growth rate of 20.15% per annum, the future growth rate is expected to be lower.
In summary, the company is expected to see steady growth in the near term, with a slightly higher growth rate in the next year, and a more moderate but still positive growth rate over the next 5 years compared to the past performance.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $250
- Median: $200
- Average: $202.26
- Current price: $191.57
- Currency: USD
Based on these forecasts, it seems that the analysts are generally optimistic about the future price of the security, with a median and average price above the current price. However, there is a wide range between the low and high forecasts, indicating some uncertainty or differing opinions among analysts.
MACD of 3321
This is not investment advice. Remember to verify the information provided here.
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