Kyoei Steel Ltd

Chart & Performance

D1W1MN

P/E

6.05

P/S

0.26

EPS

318.14

Div Yield, %

4.15%

Shrs. gr., 5y

0.01%

Rev. gr., 5y

5.79%

Revenues

320.98b

-9.76%

Net income

13.83b

+5.48%

CFO

24.29b

+26.12%

Dividend

Mar 28, 20250 JPY/sh

Earnings

Jan 29, 2025

Profile

Kyoei Steel Ltd. engages in the production, sale, and transport of steel products for civil engineering and construction industry in Japan, Vietnam, North America, and internationally. It operates through Domestic Steel Business, Overseas Steel Business, and Material Recycling Business segments. The company offers concrete reinforcing bars; merchant bars, such as flat bars, I beams, equal angle bars, and structural round bars; billets; and threaded rebars and joints for threaded rebars. It is also involved in the collection, transportation, and treatment of general, industrial, and medical waste; and development, manufacturing, sales, maintenance, and technical support for equipment and devices for to enhancing the quality of steel products, as well as planning, import, and sale of castings. In addition, the company engages in the manufacturing and sale of recycled crushed ballast, construction materials, steel products and raw/secondary materials; contracting business for in-plant loading and unloading; automobile transportation and insurance agency business; collection, processing, and sales of iron, aluminum, and nonferrous metal scraps; and construction and operation of multi-purposed seaport. The company was incorporated in 1947 and is headquartered in Osaka, Japan.

URL

https://www.kyoeisteel.co.jp/ja/index.html

IPO date

Dec 19, 2006

Employees

3,972

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	320,982,000 -9.76%	355,715,000 21.52%	292,719,000 29.31%
Cost of revenue	289,792,000	331,307,000	275,360,000
Unusual Expense (Income)
NOPBT	31,190,000	24,408,000	17,359,000
NOPBT Margin	9.72%	6.86%	5.93%
Operating Taxes	5,662,000	2,089,000	2,347,000
Tax Rate	18.15%	8.56%	13.52%
NOPAT	25,528,000	22,319,000	15,012,000
Net income	13,826,000 5.48%	13,108,000 107.34%	6,322,000 -28.06%
Dividends	(3,476,000)	(1,738,000)	(2,603,000)
Dividend yield	3.32%	2.49%	4.47%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	60,127,000	62,577,000	59,215,000
Long-term debt	33,554,000	38,012,000	36,155,000
Deferred revenue		3,344,000	4,317,000
Other long-term liabilities	5,591,000	1,569,000	1,579,000
Net debt	16,715,000	22,881,000	26,964,000
Cash flow
Cash from operating activities	24,290,000	19,259,000	(13,697,000)
CAPEX	(10,435,000)	(7,124,000)	(11,876,000)
Cash from investing activities	(17,048,000)	(6,138,000)	6,933,000
Cash from financing activities	(14,173,000)	(9,017,000)	7,339,000
FCF	19,577,000	11,643,000	(26,253,000)
Balance
Cash	57,638,000	57,746,000	52,338,000
Long term investments	19,328,000	19,962,000	16,068,000
Excess cash	60,916,900	59,922,250	53,770,050
Stockholders' equity	161,154,000	334,190,000	308,336,000
Invested Capital	238,843,100	233,098,750	222,037,950
ROIC	10.82%	9.81%	7.52%
ROCE	10.18%	8.16%	6.19%
EV
Common stock shares outstanding	43,459	43,459	43,459
Price	2,412.00 50.00%	1,608.00 20.09%	1,339.00 -19.34%
Market cap	104,823,108 50.00%	69,882,072 20.09%	58,191,601 -19.34%
EV	128,328,108	265,280,072	249,949,601
EBITDA	41,159,000	34,283,000	26,423,000
EV/EBITDA	3.12	7.74	9.46
Interest	3,582,000	2,584,000	1,217,000
Interest/NOPBT	11.48%	10.59%	7.01%