Projected Income Statement: Lasertec Corporation

Forecast Balance Sheet: Lasertec Corporation

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -27,918 -13,495 -24,773 -38,152 -86,087 -137,852 -166,267 -220,513
Change - 51.66% -83.57% -54.01% -125.64% -60.13% -20.61% -32.63%
Announcement Date 06/08/21 05/08/22 07/08/23 07/08/24 07/08/25 - - -
1JPY in Million
Estimates

Cash Flow Forecast: Lasertec Corporation

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 3,639 5,420 20,545 3,532 2,113 2,725 4,293 4,367
Change - 48.95% 279.06% -82.81% -40.18% 28.95% 57.56% 1.73%
Free Cash Flow (FCF) 1 6,785 -8,852 20,003 29,746 75,454 79,773 72,324 85,966
Change - -230.47% 325.97% 48.71% 153.66% 5.72% -9.34% 18.86%
Announcement Date 06/08/21 05/08/22 07/08/23 07/08/24 07/08/25 - - -
1JPY in Million
Estimates

Forecast Financial Ratios: Lasertec Corporation

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 39.46% 39.81% 43.04% 40.33% 50.71% 48.16% 49.48% 49.23%
EBIT Margin (%) 37.12% 35.95% 40.76% 38.11% 48.85% 46.27% 47.83% 49.26%
EBT Margin (%) 37.64% 37.16% 41.66% 38.42% 47.5% 48% 47.07% 50.5%
Net margin (%) 27.4% 27.5% 30.21% 27.67% 33.66% 33.35% 34.32% 35.31%
FCF margin (%) 9.66% -9.79% 13.09% 13.93% 30% 35.07% 25.91% 24.54%
FCF / Net Income (%) 35.25% -35.62% 43.33% 50.35% 89.13% 105.16% 75.51% 69.5%

Profitability

        
ROA 26.37% 22.59% 28.28% 30.22% 39.76% 25.57% 27% 28.92%
ROE 40.8% 38.9% 50.8% 45.4% 46.9% 33.27% 33.95% 34.98%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 5.18% 6% 13.44% 1.65% 0.84% 1.2% 1.54% 1.25%
CAPEX / EBITDA (%) 13.13% 15.07% 31.24% 4.1% 1.66% 2.49% 3.11% 2.53%
CAPEX / FCF (%) 53.63% -61.23% 102.71% 11.87% 2.8% 3.42% 5.94% 5.08%

Items per share

        
Cash flow per share 1 231.7 314.2 550.6 707.4 990.4 750.9 841.8 1,100
Change - 35.61% 75.23% 28.5% 40% -24.18% 12.1% 30.69%
Dividend per Share 1 75 97 180 230 329 321.1 376.3 478.4
Change - 29.33% 85.57% 27.78% 43.04% -2.39% 17.16% 27.14%
Book Value Per Share 1 611.8 806.4 1,210 1,678 2,327 2,733 3,408 4,296
Change - 31.82% 50.04% 38.64% 38.72% 17.46% 24.66% 26.06%
EPS 1 213.5 275.6 511.9 655 938.6 843.8 1,066 1,377
Change - 29.09% 85.76% 27.97% 43.29% -10.1% 26.38% 29.09%
Nbr of stocks (in thousands) 90,178 90,181 90,184 90,187 90,190 89,631 89,631 89,631
Announcement Date 06/08/21 05/08/22 07/08/23 07/08/24 07/08/25 - - -
1JPY
Estimates
2026 *2027 *
P/E 58.9x 46.6x
PBR 18.2x 14.6x
EV / Sales 19x 15.4x
Yield 0.65% 0.76%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
49,690.00JPY
Average target price
47,468.75JPY
Spread / Average Target
-4.47%

Quarterly revenue - Rate of surprise

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  4. Financials Lasertec Corporation