Nippon Steel Corporation

TSE-5401

Basic

Market Cap
¥3,059.04B
EV
¥5,866.02B
Shares Out
946.49M
Revenue
¥8,868.1B
Employees
113,639

Margins

Gross
15.64%
EBITDA
11.72%
Operating
7.63%
Pre-Tax
8.61%
Net
6.19%
FCF
6.13%

Returns (5Yr Avg)

ROA
2.77%
ROTA
6.11%
ROE
5.9%
ROCE
6.67%
ROIC
5.7%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
¥4,015
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
¥482.82B
Net Debt
¥2,228.82B
Debt/Equity
0.51
EBIT/Interest
22.18

Growth (CAGR)

Rev 3Yr
22.46%
Rev 5Yr
7.5%
Rev 10Yr
4.86%
Dil EPS 3Yr
146.56%
Dil EPS 5Yr
13.38%
Dil EPS 10Yr
7.07%
Rev Fwd 2Yr
4.43%
EBITDA Fwd 2Yr
4.86%
EPS Fwd 2Yr
-1.22%
EPS LT Growth Est
3.7%

Dividends

Yield
—
Payout
26.82%
DPS
¥160
DPS Growth 3Yr
151.98%
DPS Growth 5Yr
14.87%
DPS Growth 10Yr
12.34%
DPS Growth Fwd 2Yr
3.98%

Metric	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24
Total Revenues						5,921,525	4,829,272	6,808,890	7,975,586	8,868,097
Total Revenues % Chg.						-4.2%	-18.4%	41%	17.1%	11.2%
Cost of Goods Sold, Total						5,312,367	4,263,940	5,587,331	6,682,028	7,481,331
Gross Profit						609,158	565,332	1,221,559	1,293,558	1,386,766
Selling General & Admin Expenses, Total						498,747	399,371	544,725	579,411	638,855
R&D Expenses			—	—	—	63,147	52,673	—	—	60,672
Depreciation & Amortization			—	—	—	9,887	17,089	—	—	30,861
Amortization of Goodwill and Intangible Assets			—	—	—	—	—	—	—	—
Other Operating Expenses	—	—				-6,015	4,773	-34,477	-99,713	-20,097
Other Operating Expenses, Total						565,766	473,906	510,248	479,698	710,291
Operating Income						43,392	91,426	711,311	813,860	676,475
Interest Expense, Total						-21,809	-22,298	-21,773	-20,924	-30,501
Interest And Investment Income						7,703	5,361	17,904	22,674	21,539
Net Interest Expenses						-14,106	-16,937	-3,869	1,750	-8,962
Income (Loss) On Equity Invest.						38,395	55,220	214,480	102,915	144,326
Currency Exchange Gains (Loss)		—				-894	-3,040	21,045	40,021	50,835
Other Non Operating Income (Expenses)						-3,345	-3,100	-4,466	-3,940	-5,729
EBT, Excl. Unusual Items						63,442	123,569	938,501	954,606	856,945
Restructuring Charges	—	—		—		-121,702	-98,665	-97,229	-32,810	-90,995
Merger & Related Restructuring Charges	—	—	—	—		—	—	—	—	—
Impairment of Goodwill	—	—	—			—	—	—	—	—
Gain (Loss) On Sale Of Investments			—	—		—	—	—	—	36,518
Gain (Loss) On Sale Of Assets						-31,344	-33,560	-24,690	-33,448	-38,496
Asset Writedown	—		—		—	-333,968	—	—	-21,500	—
Other Unusual Items			—	—		—	—	—	—	—
EBT, Incl. Unusual Items						-423,572	-8,656	816,582	866,848	763,972
Income Tax Expense						2,548	10,671	149,052	128,117	176,074
Earnings From Continuing Operations						-426,120	-19,327	667,530	738,731	587,898
Minority Interest						-5,393	-13,105	-30,209	-44,715	-38,526
Net Income						-431,513	-32,432	637,321	694,016	549,372
Net Income to Common Incl Extra Items						-431,513	-32,432	637,321	694,016	549,372
Net Income to Common Excl. Extra Items						-431,513	-32,432	637,321	694,016	549,372
Total Shares Outstanding						920.7	920.8	920.9	920.8	921
Weighted Avg. Shares Outstanding						920.6	920.7	920.8	920.9	920.8
Weighted Avg. Shares Outstanding Dil						920.6	920.7	969.3	1,032.9	1,040.6
EPS						-468.7	-35.2	692.2	753.7	596.6
EPS Diluted						-468.7	-35.2	657.5	671.9	528
EBITDA						460,731	382,289	999,623	1,108,206	1,039,477
Effective Tax Rate						-0.6%	-123.3%	18.3%	14.8%	23%