Shikino High Tech Co Ltd

Chart & Performance

D1W1MN

P/E

9.00

P/S

0.65

EPS

115.19

Div Yield, %

1.44%

Shrs. gr., 5y

—

Rev. gr., 5y

Revenues

7.09b

+9.50%

Net income

510m

+6.82%

CFO

495m

+721.32%

Dividend

Mar 28, 20250 JPY/sh

Profile

Shikino High-Tech CO.,LTD. engages in the electronic systems, microelectronics, product development businesses. The company offers semiconductor testing equipment, which includes monitored burn-in systems, and IC and compact testers primarily for the semiconductor post-production process; and image processing cameras, camera modules, and related products for use in various applications, including vending machines, ticketing machines, arcade games, digital signages, character codes, biometrics, various information terminals, robots, and surveillance cameras, as well as FA, transport, packaging, and medical equipment. It also provides embedded cameras and related products, such as USB output camera modules, digital YUV output camera modules, NTSC output camera modules, camera lenses, and customized cameras for industrial use; cameras for shops and related solutions; and IP cores, including MIPI IP core and JPEG IP core products, as well as IoT PLC communication modules. In addition, the company manufactures and sells burn-in equipment, burn-in boards, peripheral equipment, jigs, semiconductor component inspection boards, semiconductor test programs, various electronic equipment inspection boards, dedicated measuring instruments, high-speed communication equipment, and electronic equipment, as well as offers camera and system development, LSI designs, testing solutions, burn-in solutions, DMS & EMS solutions; and burn-in equipment rentals. The company was formerly known as Shikino Electronics Co. Ltd. and changed its name to Shikino High-Tech CO.,LTD. in January 1992. Shikino High-Tech CO.,LTD. was incorporated in 1975 and is headquartered in Uozu-shi, Japan.

URL

https://www.shikino.co.jp/

IPO date

Mar 24, 2021

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title JPY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY
Title JPY in thousands, except ratios and share amounts	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03
Income
Revenues	7,091,921 9.50%	6,476,419 20.85%	5,359,056 21.09%
Cost of revenue	6,481,000	5,809,040	4,950,662
Unusual Expense (Income)
NOPBT	610,921	667,379	408,394
NOPBT Margin	8.61%	10.30%	7.62%
Operating Taxes	129,772	136,383	86,448
Tax Rate	21.24%	20.44%	21.17%
NOPAT	481,149	530,996	321,946
Net income	509,571 6.82%	477,043 45.67%	327,482 189.14%
Dividends	(66,203)	(43,799)
Dividend yield	0.60%	0.26%
Proceeds from repurchase of equity	(32,814)	2,317	87,202
BB yield	0.30%	-0.01%	-0.96%
Debt
Debt current	378,860	312,990	223,617
Long-term debt	240,780	293,710	191,546
Deferred revenue
Other long-term liabilities	1,007,248	911,559	867,777
Net debt	12,819	10,803	(211,552)
Cash flow
Cash from operating activities	495,213	60,295	24,489
CAPEX	(305,638)	(218,051)	(150,896)
Cash from investing activities	(357,407)	(230,267)	45,929
Cash from financing activities	(158,955)	170,916	(118,436)
FCF	(195,145)	(77,539)	(80,758)
Balance
Cash	508,549	529,698	528,642
Long term investments	98,272	66,199	98,073
Excess cash	252,225	272,076	358,762
Stockholders' equity	2,188,622	1,729,269	1,291,160
Invested Capital	3,887,158	3,207,838	2,425,768
ROIC	13.56%	18.85%	15.07%
ROCE	14.76%	19.18%	14.67%
EV
Common stock shares outstanding	4,422	4,431	4,428
Price	2,481.00 -33.84%	3,750.00 83.73%	2,041.00 -3.22%
Market cap	10,970,739 -33.98%	16,617,848 83.88%	9,037,193 41.42%
EV	10,983,558	16,628,650	8,825,641
EBITDA	711,844	771,378	519,564
EV/EBITDA	15.43	21.56	16.99
Interest	3,894	4,833	4,014
Interest/NOPBT	0.64%	0.72%	0.98%