Hisaka Works Ltd

Chart & Performance

D1W1MN

P/E

12.02

P/S

0.85

EPS

86.74

Div Yield, %

3.86%

Shrs. gr., 5y

-1.13%

Rev. gr., 5y

2.01%

Revenues

34.18b

+0.31%

Net income

2.42b

+18.63%

CFO

-461m

Dividend

Mar 28, 20250 JPY/sh

Profile

Hisaka Works, Ltd. engages in the manufacture and sale of industrial machinery worldwide. The company operates through Heat Exchanger, Process Engineering, Valve, and Other segments. The Heat Exchanger segment offers plate heat exchangers, multi gap plate heat exchangers, welded plate heat exchangers, plate condensers, PTFE cushion gaskets, and plate heat exchangers; and brazed plate heat exchangers. This segment's products are used in various applications, such as chemical, food, marine, power, light machine, steel, metal smelting, plant, semiconductors, paper, refrigeration and heat pumps, hot water supply and heating, paper/pulp, and industrial machine industries, as well as heating, ventilation, and air-conditioning industry. The Process Engineering segment provides food machinery, such as sterilizers, evaporator-concentrator systems, factory automation systems, and testing machine and other equipment; pharmaceutical purposes sterilizers, pharmaceutical liquid continuous sterilizers, evaporation concentrator systems, and pure steam generators; and dyeing and finishing machinery consisting of liquid dyeing, multi-purpose air jet processing, dyeing processing, beam-dyeing, and cheese dyeing/drying machines, as well as options for dyeing equipment. The Valve segment offers various valves, such as 2-way ball, 3-way ball, 4-way ball, and diaphragm valves. The Other segment engages in the solar power generation business. The company was formerly known as MITSUISHI Ind. and changed its name to Hisaka Works, Ltd. in August 1951. Hisaka Works, Ltd. was founded in 1942 and is headquartered in Osaka, Japan.

URL

https://www.hisaka.co.jp/

IPO date

Nov 01, 1971

Employees

940

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	34,180,000 0.31%	34,074,000 13.26%	30,085,000 5.80%
Cost of revenue	26,962,000	27,471,000	24,215,000
Unusual Expense (Income)
NOPBT	7,218,000	6,603,000	5,870,000
NOPBT Margin	21.12%	19.38%	19.51%
Operating Taxes	789,000	786,000	689,000
Tax Rate	10.93%	11.90%	11.74%
NOPAT	6,429,000	5,817,000	5,181,000
Net income	2,420,000 18.63%	2,040,000 -0.87%	2,058,000 69.80%
Dividends	(1,123,000)	(983,000)	(846,000)
Dividend yield	3.91%	3.91%	3.79%
Proceeds from repurchase of equity
BB yield
Debt
Debt current		8,000	13,000
Long-term debt	5,029,000	13,000	21,000
Deferred revenue			(2,000)
Other long-term liabilities	299,000	237,000	231,000
Net debt	(24,977,000)	(30,472,000)	(33,018,000)
Cash flow
Cash from operating activities	(461,000)	1,485,000	3,147,000
CAPEX	(5,664,000)	(4,978,000)	(1,792,000)
Cash from investing activities	(3,822,000)	(2,812,000)	(159,000)
Cash from financing activities	3,828,000	(1,001,000)	(863,000)
FCF	(1,688,000)	937,000	5,031,000
Balance
Cash	13,836,000	14,865,000	17,345,000
Long term investments	16,170,000	15,628,000	15,707,000
Excess cash	28,297,000	28,789,300	31,547,750
Stockholders' equity	55,628,000	100,952,000	97,973,000
Invested Capital	37,302,000	27,247,700	22,536,250
ROIC	19.92%	23.37%	23.02%
ROCE	10.44%	11.27%	10.42%
EV
Common stock shares outstanding	28,206	28,169	28,129
Price	1,019.00 14.11%	893.00 12.47%	794.00 -6.48%
Market cap	28,741,850 14.26%	25,154,783 12.63%	22,334,378 -6.40%
EV	4,337,850	44,376,783	37,911,378
EBITDA	8,499,000	7,670,000	7,022,000
EV/EBITDA	0.51	5.79	5.40
Interest	33,000	1,000	8,000
Interest/NOPBT	0.46%	0.02%	0.14%