Hitachi, Ltd.

TSE-6501

Basic

Market Cap
¥14.5T
EV
¥14.8T
Shares Out
4,629.29M
Revenue
¥9,728.72B
Employees
268,655

Margins

Gross
26.54%
EBITDA
12.94%
Operating
8.3%
Pre-Tax
8.49%
Net
6.06%
FCF
7.44%

Returns (5Yr Avg)

ROA
3.66%
ROTA
11.9%
ROE
9.21%
ROCE
10.63%
ROIC
6.17%

Valuation (TTM)

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

Valuation (NTM)

Price Target
¥3,917.14
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
¥1,036.65B
Net Debt
¥143.38B
Debt/Equity
0.2
EBIT/Interest
11.38

Growth (CAGR)

Rev 3Yr
3.68%
Rev 5Yr
0.52%
Rev 10Yr
0.06%
Dil EPS 3Yr
6.92%
Dil EPS 5Yr
22.45%
Dil EPS 10Yr
4%
Rev Fwd 2Yr
1.52%
EBITDA Fwd 2Yr
11.73%
EPS Fwd 2Yr
14.41%
EPS LT Growth Est
12.07%

Dividends

Yield
—
Payout
28.37%
DPS
¥36
DPS Growth 3Yr
19.68%
DPS Growth 5Yr
16.19%
DPS Growth 10Yr
13.11%
DPS Growth Fwd 2Yr
12.48%

Metric	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24
Operating Revenues						8,767,263	8,729,196	10,264,602	10,881,150	9,728,716
Finance Div. Revenues		—	—	—	—	—	—	—	—	—
Total Revenues						8,767,263	8,729,196	10,264,602	10,881,150	9,728,716
Total Revenues % Chg.						-7.5%	-0.4%	17.6%	6%	-10.6%
Cost of Goods Sold, Total						6,396,895	6,533,890	7,705,981	8,192,063	7,146,629
Gross Profit						2,370,368	2,195,306	2,558,621	2,689,087	2,582,087
Selling General & Admin Expenses, Total						1,708,485	1,700,126	1,820,385	1,940,943	1,826,271
Other Operating Expenses	—		—	—	—	—	—	—	-194,112	-51,524
Other Operating Expenses, Total						1,708,485	1,700,126	1,820,385	1,746,831	1,774,747
Operating Income						661,883	495,180	738,236	942,256	807,340
Interest Expense, Total						-23,984	-22,778	-27,110	-51,313	-70,922
Interest And Investment Income						26,169	20,379	21,946	33,530	48,656
Net Interest Expenses						2,185	-2,399	-5,164	-17,783	-22,266
Income (Loss) On Equity Invest.						43,639	38,864	40,485	52,847	75,284
Currency Exchange Gains (Loss)						-4,493	9,193	11,870	-11,911	7,068
Other Non Operating Income (Expenses)						-53,858	-31,147	-22,671	-8,506	-9,570
EBT, Excl. Unusual Items						649,356	509,691	762,756	956,903	857,856
Restructuring Charges						-138,765	-73,452	-43,861	-9,323	-19,443
Merger & Related Restructuring Charges	—	—	—	—		-5,304	-5,207	-3,874	—	—
Gain (Loss) On Sale Of Investments	—	—	—	—		-178	278,965	4,109	—	—
Gain (Loss) On Sale Of Assets						29,920	134,446	18,068	2,285	17,056
Asset Writedown			—	—	—	—	—	—	-129,894	-29,668
Legal Settlements	—	—			—	—	—	—	—	—
Other Unusual Items		—	—	—	—	-354,761	—	102,135	—	—
EBT, Incl. Unusual Items						180,268	844,443	839,333	819,971	825,801
Income Tax Expense						51,246	325,247	168,469	116,101	199,053
Earnings From Continuing Operations						129,022	519,196	670,864	703,870	626,748
Earnings Of Discontinued Operations						-1,776	-686	—	—	—
Minority Interest						-39,650	-16,897	-87,394	-54,746	-36,852
Net Income						87,596	501,613	583,470	649,124	589,896
Net Income to Common Incl Extra Items						87,596	501,613	583,470	649,124	589,896
Net Income to Common Excl. Extra Items						89,372	502,299	583,470	649,124	589,896
Total Shares Outstanding						4,831.1	4,834.1	4,836.2	4,687.9	4,633.1
Weighted Avg. Shares Outstanding						4,828.5	4,829.8	4,832.1	4,741.2	4,648
Weighted Avg. Shares Outstanding Dil						4,834.4	4,837	4,838.4	4,745.8	4,654
EPS						18.1	103.9	120.7	136.9	126.9
EPS Diluted						18.1	103.7	120.6	136.8	126.8
EBITDA						957,228	829,012	1,111,074	1,468,566	1,258,865
Effective Tax Rate						28.4%	38.5%	20.1%	14.2%	24.1%