Hokuetsu Corp

Chart & Performance

D1W1MN

P/E

31.19

P/S

0.88

EPS

49.92

Div Yield, %

1.16%

Shrs. gr., 5y

-2.58%

Rev. gr., 5y

1.50%

Revenues

297.06b

-1.38%

Net income

8.40b

+0.85%

CFO

22.32b

+1,178.35%

Dividend

Mar 28, 20250 JPY/sh

Earnings

Feb 11, 2025

Profile

Hokuetsu Corporation manufactures and sells paper products in Japan, the United State, China, rest of Asia, and internationally. It operates in two segments, Paper and Pulp Business, and Packaging and Paper Processing Business. The company offers printing and communication papers for books, magazines, catalogs, and brochures; and uncoated printing papers and colored wood-free papers. It also provides white paperboard, coated duplex board, cast coated paper, etc. for various packages, catalogs, POP advertising, and postcards, as well as the covers of publications and others. In addition, the company offers premium printing papers, fancy papers, communication papers, papers for industrial use, specialty processed products, specialty fiber boards, and others; decorative and functional papers; and wood products and glass fiber sheets. Further, it offers paper, food, and liquid package cartons containers, as well as confectionery boxes; processed paper for cosmetics and OTC pharmaceutical packaging; milk and drink cartons under the Tohei Pak brand name; and adhesive postcard papers, abrasive-coated base papers, chip carrier tape base paper, mark sheet paper, business forms, and communication media products. Additionally, the company engages in waste paper wholesale, construction, transportation, warehousing, investment, data processing service, and other businesses. The company was formerly known as Hokuetsu Kishu Paper Co., Ltd. and changed its name to Hokuetsu Corporation in July 2018. Hokuetsu Corporation was founded in 1907 and is headquartered in Tokyo, Japan.

URL

http://www.hokuetsucorp.com/

IPO date

May 16, 1949

Employees

4,163

Domiciled in

Incorporated in

Valuation

Order:

Title JPY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title JPY in thousands, except ratios and share amounts	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03	2019‑03	2018‑03	2017‑03	2016‑03	2015‑03
Income
Revenues	297,056,000 -1.38%	301,204,000 15.13%	261,616,000 17.60%
Cost of revenue	282,520,000	284,617,000	242,014,000
Unusual Expense (Income)
NOPBT	14,536,000	16,587,000	19,602,000
NOPBT Margin	4.89%	5.51%	7.49%
Operating Taxes	(2,641,000)	5,354,000	6,085,000
Tax Rate		32.28%	31.04%
NOPAT	17,177,000	11,233,000	13,517,000
Net income	8,396,000 0.85%	8,325,000 -60.74%	21,206,000 49.63%
Dividends	(3,035,000)	(4,380,000)	(2,352,000)
Dividend yield	0.94%	2.93%	2.01%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	35,047,000	38,765,000	45,353,000
Long-term debt	72,865,000	68,093,000	56,901,000
Deferred revenue	8,000	7,808,000	9,982,000
Other long-term liabilities	7,942,000	234,000	240,000
Net debt	(15,872,000)	(7,344,000)	(25,000,000)
Cash flow
Cash from operating activities	22,320,000	1,746,000	20,186,000
CAPEX	(14,551,000)	(13,230,000)	(13,695,000)
Cash from investing activities	(15,494,000)	(12,753,000)	(1,648,000)
Cash from financing activities	(3,801,000)	(2,099,000)	(19,187,000)
FCF	9,472,000	(12,487,000)	10,801,000
Balance
Cash	22,140,000	18,063,000	30,275,000
Long term investments	101,644,000	96,139,000	96,979,000
Excess cash	108,931,200	99,141,800	114,173,200
Stockholders' equity	217,038,000	403,457,000	390,606,000
Invested Capital	257,568,800	236,915,200	208,985,800
ROIC	6.95%	5.04%	6.47%
ROCE	3.94%	4.90%	6.01%
EV
Common stock shares outstanding	168,282	168,254	168,180
Price	1,924.00 116.91%	887.00 27.63%	695.00 34.17%
Market cap	323,774,568 116.95%	149,241,298 27.68%	116,885,100 34.19%
EV	308,578,568	355,774,298	301,867,100
EBITDA	27,555,000	28,582,000	32,948,000
EV/EBITDA	11.20	12.45	9.16
Interest	841,000	796,000	393,000
Interest/NOPBT	5.79%	4.80%	2.00%