Nissan Motor Co., Ltd.

TSE-7201

Basic

Market Cap
¥1,772.2B
EV
¥8,051.89B
Shares Out
3,654.02M
Revenue
¥12.77T
Employees
133,580

Margins

Gross
15.44%
EBITDA
6.26%
Operating
3.46%
Pre-Tax
4.19%
Net
2.74%
FCF
-9.07%

Returns (5Yr Avg)

ROA
-0.36%
ROTA
-1.74%
ROE
-1.71%
ROCE
1.7%
ROIC
0.74%

Valuation (TTM)

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

Valuation (NTM)

Price Target
¥597.5
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
¥1,674.32B
Net Debt
¥6,534.65B
Debt/Equity
1.25
EBIT/Interest
5.56

Growth (CAGR)

Rev 3Yr
13.65%
Rev 5Yr
2.6%
Rev 10Yr
1.93%
Dil EPS 3Yr
94.96%
Dil EPS 5Yr
11.41%
Dil EPS 10Yr
1.76%
Rev Fwd 2Yr
4.1%
EBITDA Fwd 2Yr
2.76%
EPS Fwd 2Yr
-0.98%
EPS LT Growth Est
19.4%

Dividends

Yield
—
Payout
18.1%
DPS
¥20
DPS Growth 3Yr
—
DPS Growth 5Yr
-18.9%
DPS Growth 10Yr
-3.97%
DPS Growth Fwd 2Yr
18.52%

Metric	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24	LTM
Operating Revenues						8,715,589	6,842,548	7,392,856	9,591,859	11,582,863	11,629,320
Finance Div. Revenues						1,163,277	1,020,024	1,031,729	1,004,836	1,102,853	1,137,131
Total Revenues						9,878,866	7,862,572	8,424,585	10,596,695	12,685,716	12,766,451
Total Revenues % Chg.						-14.6%	-20.4%	7.1%	25.8%	19.7%	12.2%
Cost of Goods Sold, Total						7,671,103	6,155,814	6,416,195	8,251,043	9,885,975	10,024,218
Finance Div. Operating Exp.						771,802	655,933	654,336	631,803	732,827	771,720
Gross Profit						1,435,961	1,050,825	1,354,054	1,713,849	2,066,914	1,970,513
Selling General & Admin Expenses, Total						1,301,625	1,113,023	1,091,847	1,271,049	1,389,672	1,408,796
Provision for Bad Debts						109,659	33,234	-42,490	6,023	44,269	56,344
Depreciation & Amortization						63,465	54,161	56,368	58,348	63,013	63,013
Amortization of Goodwill and Intangible Assets						1,681	1,058	1,022	1,320	1,242	1,242
Other Operating Expenses, Total						1,476,430	1,201,476	1,106,747	1,336,740	1,498,196	1,529,395
Operating Income						-40,469	-150,651	247,307	377,109	568,718	441,118
Interest Expense, Total						-10,874	-36,483	-55,949	-63,045	-78,032	-79,326
Interest And Investment Income						28,550	16,206	19,957	39,359	63,702	63,410
Net Interest Expenses						17,676	-20,277	-35,992	-23,686	-14,330	-15,916
Income (Loss) On Equity Invest.						86,547	-55,861	94,302	171,275	113,487	117,903
Currency Exchange Gains (Loss)						-63,244	42,428	-8,900	-51,948	-69,165	-101,033
Other Non Operating Income (Expenses)						43,539	-36,869	9,400	42,693	103,451	158,638
EBT, Excl. Unusual Items						44,049	-221,230	306,117	515,443	702,161	600,710
Gain (Loss) On Sale Of Investments				—	—	—	126	—	—	—	—
Gain (Loss) On Sale Of Assets						-12,694	2,945	14,182	2,084	-3,864	-6,419
Asset Writedown						-540,642	-9,109	-16,973	-8,615	-58,972	-58,972
Insurance Settlements	—			—	—	—	—	—	—	—	—
Legal Settlements	—	—	—	—	—	—	—	—	—	-40,968	-40,968
Other Unusual Items						-63,735	-112,066	80,884	-106,476	868	40,946
EBT, Incl. Unusual Items						-573,022	-339,334	384,210	402,436	599,225	535,297
Income Tax Expense						93,156	92,595	145,440	161,237	149,673	161,494
Earnings From Continuing Operations						-666,178	-431,929	238,770	241,199	449,552	373,803
Minority Interest						-5,038	-16,768	-23,237	-19,299	-22,903	-24,067
Net Income						-671,216	-448,697	215,533	221,900	426,649	349,736
Net Income to Common Incl Extra Items						-671,216	-448,697	215,533	221,900	426,649	349,736
Net Income to Common Excl. Extra Items						-671,216	-448,697	215,533	221,900	426,649	349,736
Total Shares Outstanding						3,911.9	3,914.1	3,914.5	3,917.4	3,740.2	3,654
Weighted Avg. Shares Outstanding						3,913	3,912.9	3,914.1	3,915.4	3,862.1	3,802
Weighted Avg. Shares Outstanding Dil						3,913	3,912.9	3,914.1	3,915.4	3,862.1	3,802
EPS						-171.5	-114.7	55.1	56.7	110.5	92
EPS Diluted						-171.5	-114.7	55.1	56.7	110.5	92
EBITDA						345,328	108,821	544,218	712,351	920,402	798,944
Effective Tax Rate						-16.3%	-27.3%	37.9%	40.1%	25%	30.2%