WATCH Yamato Kogyo Co., Ltd. (5444.T)
Basic Materials · Steel · JPX · Japan
43
Final Score
-28.2%
Margin of Safety
39
Quality Score
¥12,640
Current Price
¥755.3B
Market Cap
Key Metrics
Pe Ratio
12.33
Forward Pe
14.35
Pb Ratio
1.38
Ev Ebitda
37.05
Roe
12.2%
Gross Margin
12.9%
Operating Margin
-1.1%
Net Margin
42.9%
Dividend Yield
320.0%
Debt To Equity
0.08
Current Ratio
11.00
Beta
0.46
📈 Trend Charts
Revenue Trend
EPS Trend
Net Income Trend
Free Cash Flow Trend
Intrinsic Value Estimates
Low
¥7,888
Base
¥9,860
High
¥11,832
Pipeline Stage Details
Stage A — Hard Filters ✅
Pe Ratio
12.33
Eps Positive Years
4.00
Eps Lookback
4.00
Fcf Positive Years
4.00
Fcf Lookback
4.00
Debt To Equity
0.08
Current Ratio
11.00
Dilution Cagr
-0.03
Stage B — Quality Score: 39/100
Stage C — Cyclicality: MED
Normalized EPS
¥941.97
Stage F — Final Score Breakdown
| Component | Weighted Score |
|---|---|
| Valuation | 3.0 |
| Earnings Quality | 9.7 |
| Balance Sheet | 18.0 |
| Stability | 8.2 |
| Moat Proxies | 4.2 |
Top Drivers
- Reasonable P/E of 12.3x — below long-run market average (~15-17x), suggesting the stock is not overpriced.
- Fortress balance sheet: D/E of 0.08x (conservative) and current ratio of 11.00x — ample liquidity and low financial risk. Graham emphasis on capital preservation.
- Strong free cash flow generation — the company converts earnings into real cash effectively, supporting dividends, buybacks, and debt reduction.
Top Risks
- Moderate cyclicality (Cyclical sector: Basic Materials) — earnings may fluctuate.
- Quality concern: Operating margin in structural decline
- Quality concern: Revenue declining: -3.9% CAGR
Financial History
| Year | Revenue | Gross Profit | Operating Income | Net Income | EPS |
|---|---|---|---|---|---|
| 2022 | N/A | N/A | N/A | N/A | ¥618.62 |
| 2023 | ¥180.4B | ¥31.7B | ¥16.8B | ¥65.3B | ¥1,025.49 |
| 2024 | ¥163.5B | ¥31.8B | ¥17.3B | ¥70.0B | ¥1,099.15 |
| 2025 | ¥168.3B | ¥29.5B | ¥12.7B | ¥31.8B | ¥N/A |
| 2026 | ¥160.4B | ¥22.3B | ¥4.5B | ¥62.4B | ¥1,024.60 |
Cash Flow History
| Year | Operating CF | CapEx | Free Cash Flow |
|---|---|---|---|
| 2022 | N/A | N/A | N/A |
| 2023 | ¥52.7B | ¥-4.3B | ¥48.3B |
| 2024 | ¥80.9B | ¥-6.7B | ¥74.2B |
| 2025 | ¥71.0B | ¥-16.8B | ¥54.2B |
| 2026 | ¥52.0B | ¥-11.5B | ¥40.5B |