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Seiko PMC Corporation (4963.T)
Key financial summary
Financials in JPY| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | ¥bn | 25 | 26 | 28 | 26 | 31 | 32 | 32 |
| Operating profit | ¥bn | 2 | 2 | |||||
| Net profit | ¥bn | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| EPS reported | ¥ | 54.33 | 44.72 | |||||
| Operating cashflow per share | ¥ | 28.82 | 28.82 | |||||
| Capex per share | ¥ | 99.65 | 99.65 | |||||
| FCF per share | ¥ | -70.83 | -70.83 | |||||
| Free cash flow | ¥bn | -2 | 0 | |||||
| Net debt | ¥bn | 2 | 1 | |||||
| Book value equity | ¥bn | 31 | 33 | |||||
| Book value per share | ¥ | 1,015 | 1,076 | |||||
| Number of shares | m | 30.32 | 30.32 | |||||
| DPS (TTM paid) | ¥ | 16.00 | 0.00 |
Financial summary
Financials in JPY| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 9.79 | - | |||||
| P/B LTM | x | 0.52 | 0.99 | |||||
| P/S LTM | x | 0.50 | 1.01 | |||||
| P/FCF LTM | x | -7.51 | -15.09 | |||||
| EV/EBITDA LTM | x | 4.81 | 16.45 | |||||
| EV/Sales LTM | x | 0.57 | 1.04 | |||||
| Earnings Yield LTM | % | 10.21% | 5.08% | |||||
| FCF Yield | % | -13.31% | 0.00% | |||||
| Quality | ||||||||
| ROE | % | 5.35% | 5.45% | |||||
| ROIC | % | 3.54% | 3.54% | |||||
| Operating margin | % | 5.81% | 5.81% | |||||
| Gross margin | % | 23.44% | 23.44% | |||||
| FCF/Sales | % | -6.62% | -6.62% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -20.91% | -2.06% | |||||
| Sales Growth YoY | % | +4.47% | +0.03% | |||||
| Net Income Growth YoY | % | -20.91% | -38.41% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | -34.28% | -20.57% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 3.01% | 0.00% | |||||
| Dividend Growth | % | 0.00% | - | |||||
| Payout Ratio | % | 29.48% | 29.48% | |||||
| FCF/Debt | x | -0.35 | 0.00 | |||||
| Net Debt/EBITDA | x | 0.62 | 0.62 | |||||
| EBIT/Net interest | x | 99.71 | 99.71 | |||||
| Net debt/market cap | % | 14.82% | 3.45% | |||||
| Net debt/Equity | x | 0.08 | 0.03 | |||||
| Gross debt/equity | x | 0.20 | 0.16 | |||||
Company overview
Seiko PMC Corporation, a Tokyo-based subsidiary of DIC Corporation established in 1951, specializes in the global manufacturing and distribution of chemical products. The company primarily caters to the paper and board industry, alongside the ink and recording materials sector. Its extensive portfolio for paper manufacturing includes a diverse array of specialized chemicals: internal and surface sizing agents, dry and wet strength enhancers, surface property improvers, retention aids/coagulants, printability and inkjet water resistance aids, creping aids/softeners, microbial products, and moisture-proof coating agents. They also provide functional chemicals such as water repellents and paper thickness improvers. These vital chemicals are integral to the production of various paper types, including newsprint, printing, communication, and household papers, as well as liner, corrugated mediums, and boxboards, and are also employed in wastewater treatment. Furthermore, Seiko PMC develops and supplies resin products for ink and recording applications, encompassing rosin-modified phenolic, styrene-acrylic, and styrene-maleic acid resins, offered in solid, varnish, and emulsion forms. These resins are crucial for water-based printing inks, recording materials for laser beam printers and copiers, coating materials, adhesives, clear coatings, and processed paper products. The company's innovative offerings also extend to biofilm control agents, silver nanowires, and cellulose nanofiber compound resins.
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Seiko PMC Corporation (4963.T)
Seiko PMC Corporation, a Tokyo-based subsidiary of DIC Corporation established in 1951, specializes in the global manufacturing and distribution of chemical products. The company primarily caters to the paper and board industry, alongside the ink and recording materials sector. Its extensive portfolio for paper manufacturing includes a diverse array of specialized chemicals: internal and surface sizing agents, dry and wet strength enhancers, surface property improvers, retention aids/coagulants, printability and inkjet water resistance aids, creping aids/softeners, microbial products, and moisture-proof coating agents. They also provide functional chemicals such as water repellents and paper thickness improvers. These vital chemicals are integral to the production of various paper types, including newsprint, printing, communication, and household papers, as well as liner, corrugated mediums, and boxboards, and are also employed in wastewater treatment. Furthermore, Seiko PMC develops and supplies resin products for ink and recording applications, encompassing rosin-modified phenolic, styrene-acrylic, and styrene-maleic acid resins, offered in solid, varnish, and emulsion forms. These resins are crucial for water-based printing inks, recording materials for laser beam printers and copiers, coating materials, adhesives, clear coatings, and processed paper products. The company's innovative offerings also extend to biofilm control agents, silver nanowires, and cellulose nanofiber compound resins.
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