Panasonic Holdings Corporation

TSE-6752

Basic

Market Cap
¥2,825.96B
EV
¥3,282.98B
Shares Out
2,334.54M
Revenue
¥8,496.42B
Employees
228,420

Margins

Gross
29.39%
EBITDA
7.67%
Operating
4.37%
Pre-Tax
5%
Net
5.23%
FCF
3.76%

Returns (5Yr Avg)

ROA
3.72%
ROTA
13.47%
ROE
9.55%
ROCE
7.07%
ROIC
4.75%

Valuation (TTM)

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

Valuation (NTM)

Price Target
¥1,691.33
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
¥1,347.08B
Net Debt
¥279.2B
Debt/Equity
0.34
EBIT/Interest
16.98

Growth (CAGR)

Rev 3Yr
8.25%
Rev 5Yr
1.2%
Rev 10Yr
0.94%
Dil EPS 3Yr
39.06%
Dil EPS 5Yr
9.33%
Dil EPS 10Yr
13.82%
Rev Fwd 2Yr
0.51%
EBITDA Fwd 2Yr
12.99%
EPS Fwd 2Yr
-3.26%
EPS LT Growth Est
11.75%

Dividends

Yield
—
Payout
18.4%
DPS
¥35
DPS Growth 3Yr
20.51%
DPS Growth 5Yr
3.13%
DPS Growth 10Yr
10.41%
DPS Growth Fwd 2Yr
9.54%

Metric	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24
Total Revenues						7,490,601	6,698,794	7,388,791	8,378,942	8,496,420
Total Revenues % Chg.						-6.4%	-10.6%	10.3%	13.4%	1.4%
Cost of Goods Sold, Total						5,328,596	4,723,943	5,304,578	6,116,920	5,999,397
Gross Profit						2,162,005	1,974,851	2,084,213	2,262,022	2,497,023
Selling General & Admin Expenses, Total						1,733,105	1,546,425	1,724,894	1,947,461	2,104,479
Depreciation & Amortization	—	—	—			132,242	121,271	—	—	—
Other Operating Expenses	—	—				28,241	27,802	45,711	24,759	21,356
Other Operating Expenses, Total						1,893,588	1,695,498	1,770,605	1,972,220	2,125,835
Operating Income						268,417	279,353	313,608	289,802	371,188
Interest Expense, Total						-33,095	-17,248	-18,876	-21,043	-21,859
Interest And Investment Income						24,325	13,867	14,568	25,820	46,322
Net Interest Expenses						-8,770	-3,381	-4,308	4,777	24,463
Income (Loss) On Equity Invest.						5,298	-20,753	-12,637	1,432	4,295
Currency Exchange Gains (Loss)						5,856	-1,378	1,630	19,686	41,216
Other Non Operating Income (Expenses)			—	—	—	1,179	1,134	1,726	3,466	-1,279
EBT, Excl. Unusual Items						271,980	254,975	300,019	319,163	439,883
Restructuring Charges					—	-12,300	—	-37,964	-10,554	-11,546
Merger & Related Restructuring Charges	—	—	—	—	—	—	—	-3,159	—	—
Impairment of Goodwill					—	—	—	—	—	—
Gain (Loss) On Sale Of Investments			—	—		—	5,845	62,464	—	—
Gain (Loss) On Sale Of Assets						—	—	47,175	10,064	15,668
Asset Writedown						-91,253	—	-8,140	-2,264	-18,766
Legal Settlements				—	—	—	—	—	—	—
Other Unusual Items						122,623	—	—	—	—
EBT, Incl. Unusual Items						291,050	260,820	360,395	316,409	425,239
Income Tax Expense						51,012	76,926	94,957	35,853	-40,204
Earnings From Continuing Operations						240,038	183,894	265,438	280,556	465,443
Minority Interest						-14,331	-18,817	-10,104	-15,054	-21,449
Net Income						225,707	165,077	255,334	265,502	443,994
Preferred Dividend and Other Adjustments	—	—	—	—	—	7	5	11	9	16
Net Income to Common Incl Extra Items						225,700	165,072	255,323	265,493	443,978
Net Income to Common Excl. Extra Items						225,700	165,072	255,323	265,493	443,978
Total Shares Outstanding						2,333	2,333.3	2,333.8	2,334.1	2,334.3
Weighted Avg. Shares Outstanding						2,332.6	2,333.1	2,333.5	2,333.9	2,334.2
Weighted Avg. Shares Outstanding Dil						2,334.1	2,334.3	2,334.6	2,334.8	2,334.9
EPS						96.8	70.8	109.4	113.8	190.2
EPS Diluted						96.7	70.7	109.4	113.7	190.2
EBITDA						529,022	596,925	544,433	556,769	651,393
Effective Tax Rate						17.5%	29.5%	26.3%	11.3%	-9.5%