Sumitomo Forestry Co., Ltd. - 1911.T

1911.T Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
1911.T	2.7	5.6	-5.5	-16.4	-13.4	18.3	152.1	230.3	373.1	580
S&P 500	1.0	3.7	2.1	2.3	8.2	25.4	31.0	80.6	196.5	33856.2

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	1911.T
name	Sumitomo Forestry Co., Ltd.
price	5304
changes percentage	2.6713
change	138
day low	5145
day high	5333
year high	7293
year low	4007
market cap	1085464994952
price avg 50	5462.96
price avg 200	5637.3
exchange	JPX
volume	2031200
avg volume	1641142
open	5171
previous close	5166
eps	606.84
pe	8.74
earnings announcement	2025-02-13T06:00:00.000+0000
shares outstanding	204650263
timestamp	2025-01-17 06:45:01

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 50.3%

Overall Quarterly Financial Health: 69.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	1733169000000	1669707000000	3.80
gross profit	408830000000	392970000000	4.04
gross profit ratio	0.24	0.24	0.23
research and development expenses	2878000000	0	NaN
operating expenses	262076000000	234717000000	11.66
interest income	1972000000	808000000	144.06
interest expense	4338000000	3124000000	38.86
ebitda	172437000000	211800000000	-18.58
ebitdaratio	0.1	0.13	-21.57
operating income	146754000000	158253000000	-7.27
operating income ratio	0.08	0.09	-10.66
net income	102479000000	108672000000	-5.70
net income ratio	0.06	0.07	-9.15
eps	505.53	543.8	-7.04

Overall Score of Annual Income Statement

0.38 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 1,733,169 million in 2023 from 1,669,707 million in 2022 representing a change of 3.8%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 408,830 million in 2023 from 392,970 million in 2022 representing a change of 4.04%. This indicates a sales profitability growth, which is a positive sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses increased to 2,878 million in 2023 from 0 million in 2022 representing a change of nan%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 262,076 million in 2023 from 234,717 million in 2022 representing a change of 11.66%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 172,437 million in 2023 from 211,800 million in 2022 representing a change of -18.58%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to 146,754 million in 2023 from 158,253 million in 2022 representing a change of -7.27%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to 102,479 million in 2023 from 108,672 million in 2022 representing a change of -5.7%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 505.53 in 2023 from 505.53 in 2022 representing a change of -7.04%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q3	Q/Q change %
0000000000
revenue	500285000000	416401000000	20.15
gross profit	126471000000	97209000000	30.10
gross profit ratio	0.25	0.23	8.29
research and development expenses	819000000	0	NaN
operating expenses	77332000000	64396000000	20.09
interest income	635000000	599000000	6.01
interest expense	945000000	0	NaN
ebitda	56338000000	37549000000	50.04
ebitdaratio	0.11	0.09	24.88
operating income	49139000000	32386000000	51.73
operating income ratio	0.1	0.08	26.29
net income	38682000000	18982000000	103.78
net income ratio	0.08	0.05	69.61
eps	189.02	92.71	103.88

Overall Score of Quarterly Income Statement

0.88 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 500,285 million in 2023Q4 from 416,401 million in 2023Q3 representing a change of 20.15%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 126,471 million in 2023Q4 from 97,209 million in 2023Q3 representing a change of 30.1%. This indicates a sales profitability growth, which is a positive sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses increased to 819 million in 2023Q4 from 0 million in 2023Q3 representing a change of nan%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 56,338 million in 2023Q4 from 37,549 million in 2023Q3 representing a change of 50.04%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 49,139 million in 2023Q4 from 32,386 million in 2023Q3 representing a change of 51.73%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 38,682 million in 2023Q4 from 18,982 million in 2023Q3 representing a change of 103.78%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 189.02 in 2023Q4 from 189.02 in 2023Q3 representing a change of 103.88%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 77,332 million in 2023Q4 from 64,396 million in 2023Q3 representing a change of 20.09%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	1812722000000	1537598000000	17.89
total liabilities	989425000000	855044000000	15.72
total equity	823296000000	627606000000	31.18
cash and cash equivalents	174771000000	128752000000	35.74
short term investments	7463000000	3177000000	134.91
long term investments	245007000000	200395000000	22.26
total current assets	1236028000000	1072763000000	15.22
total non current assets	576694000000	464835000000	24.06
total current liabilities	587989000000	494110000000	19.00
total non current liabilities	401436000000	360934000000	11.22
common stock	55088000000	50074000000	10.01
retained earnings	524297000000	447216000000	17.24
total debt	423871000000	348323000000	21.69

Overall Score of Annual Balance Sheet

0.7 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 1,812,722 million in 2023 from 1,537,598 million in 2022 representing a change of 17.89%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 823,296 million in 2023 from 627,606 million in 2022 representing a change of 31.18%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 174,771 million in 2023 from 128,752 million in 2022 representing a change of 35.74%. This indicates an increase in available liquid assets.

  Short Term Investments: Short Term Investments increased to 7,463 million in 2023 from 3,177 million in 2022 representing a change of 134.91%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 1,236,028 million in 2023 from 1,072,763 million in 2022 representing a change of 15.22%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 55,088 in 2023 from 50,074 in 2022 representing a change of 10.01%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to 524,297 million in 2023 from 447,216 million in 2022 representing a change of 17.24%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 989,425 million in 2023 from 855,044 million in 2022 representing a change of 15.72%. This indicates an increase in overall liabilities.

  Total Current Liabilities: Total Current Liabilities increased to 587,989 million in 2023 from 494,110 million in 2022 representing a change of 19.0%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 423,871 million in 2023 from 348,323 million in 2022 representing a change of 21.69%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q3	Q/Q change %
0000000000
total assets	1812722000000	1759101000000	3.05
total liabilities	989425000000	941163000000	5.13
total equity	823296000000	817938000000	0.66
cash and cash equivalents	174771000000	126062000000	38.64
short term investments	7463000000	3180000000	134.69
long term investments	245007000000	260195000000	-5.84
total current assets	1236028000000	1232197000000	0.31
total non current assets	576694000000	504728000000	14.26
total current liabilities	587989000000	532671000000	10.39
total non current liabilities	401436000000	322207000000	24.59
common stock	55088000000	55087000000	0.00
retained earnings	524297000000	485614000000	7.97
total debt	423871000000	0	NaN

Overall Score of Quarterly Balance Sheet

0.7 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 1,812,722 million in 2023Q4 from 1,759,101 million in 2023Q3 representing a change of 3.05%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 823,296 million in 2023Q4 from 817,938 million in 2023Q3 representing a change of 0.66%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 174,771 million in 2023Q4 from 126,062 million in 2023Q3 representing a change of 38.64%. This indicates an increase in available liquid assets.

  Short Term Investments: Short Term Investments increased to 7,463 million in 2023Q4 from 3,180 million in 2023Q3 representing a change of 134.69%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 1,236,028 million in 2023Q4 from 1,232,197 million in 2023Q3 representing a change of 0.31%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 55,088 in 2023Q4 from 55,087 in 2023Q3 representing a change of 0.0%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to 524,297 million in 2023Q4 from 485,614 million in 2023Q3 representing a change of 7.97%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 989,425 million in 2023Q4 from 941,163 million in 2023Q3 representing a change of 5.13%. This indicates an increase in overall liabilities.

  Total Current Liabilities: Total Current Liabilities increased to 587,989 million in 2023Q4 from 532,671 million in 2023Q3 representing a change of 10.39%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 423,871 million in 2023Q4 from 0 million in 2023Q3 representing a change of nan%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	27397000000	-22662000000	220.89
operating cash flow	125300000000	55276000000	126.68
free cash flow	92408000000	18611000000	396.52
capital expenditure	-32892000000	-36665000000	10.29
depreciation and amortization	25683000000	20652000000	24.36
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	12270000000	0	NaN
inventory	-49042000000	-102094000000	51.96
acquisitions net	-45945000000	-5485000000	-737.65
investments in property plant and equipment	-32892000000	-36665000000	10.29
net cash used for investing activites	-109087000000	-52385000000	-108.24
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-25398000000	-21096000000	-20.39
net cash used provided by financing activities	6826000000	-32998000000	120.69
cash at end of period	174771000000	147373000000	18.59
accounts receivables	7731000000	0	NaN
cash at beginning of period	147374000000	170035000000	-13.33

Overall Score of Annual Cashflow Statement

0.43 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 27,397 million in 2023 from -22,662 million in 2022 representing a change of 220.89%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 125,300 million in 2023 from 55,276 million in 2022 representing a change of 126.68%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 92,408 million in 2023 from 18,611 million in 2022 representing a change of 396.52%. This indicates an increase in cash generated after accounting for capital expenditures.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to -32,892 million in 2023 from -36,665 million in 2022 representing a change of 10.29%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Accounts Payables: The absolute value of Accounts Payables increased to 12,270 million in 2023 from 0 million in 2022 representing a change of nan%. This indicates that the company has increased its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables increased to 7,731 in 2023 from 0 million in 2022 representing a change of nan%. This suggests that the company is less capable of collecting payments from its customers.

  Dividends Paid: Dividends Paid decreased to -25,398 million in 2023 from -21,096 million in 2022 representing a change of -20.39%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q3	Q/Q change %
0000000000
operating cash flow	0	0	NaN
free cash flow	0	0	NaN
capital expenditure	0	0	NaN
depreciation and amortization	0	0	NaN
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	0	0	NaN
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	0	0	NaN
net change in cash	0	0	NaN
cash at end of period	0	0	NaN
cash at beginning of period	0	0	NaN

Overall Score of Quarterly Cashflow Statement

0.5 out of 1

Detailed Analysis

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	8549.77	8355.3	2.33
net income per share	505.53	543.8	-7.04
operating cash flow per share	618.11	276.6	123.46
free cash flow per share	455.85	93.13	389.48
cash per share	898.97	660.18	36.17
book value per share	4061.35	3415.53	18.91
tangible book value per share	3743.87	3301.06	13.41
shareholders equity per share	3721.91	3140.57	18.51
interest debt per share	2112.37	1758.66	20.11
market cap	852012523584	466222373621	82.75
enterprise value	1101112523584	685793373621	60.56
pe ratio	8.31	4.29	93.79
price to sales ratio	0.49	0.28	76.06
pocfratio	6.8	8.43	-19.38
pfcf ratio	9.22	25.05	-63.19
pb ratio	1.13	0.74	52.02
ptb ratio	1.13	0.74	52.02
ev to sales	0.64	0.41	54.68
enterprise value over ebitda	6.39	3.24	97.21
ev to operating cash flow	8.79	12.41	-29.17
ev to free cash flow	11.92	36.85	-67.66
earnings yield	0.12	0.23	-48.40
free cash flow yield	0.11	0.04	171.70
debt to equity	0.56	0.56	1.22
debt to assets	0.23	0.23	3.22
net debt to ebitda	1.44	1.04	39.35
current ratio	2.1	2.17	-3.18
interest coverage	33.83	50.66	-33.22
income quality	1.22	0.29	316.70
dividend yield	0.03	0.05	-34.12
payout ratio	0.25	0.19	27.67
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0.0	0	NaN
intangibles to total assets	0.04	0.01	138.63
capex to operating cash flow	0.26	0.66	-60.42
capex to revenue	0.02	0.02	-13.58
capex to depreciation	1.28	1.78	-27.86
stock based compensation to revenue	0	0	NaN
graham number	6506.52	6198.91	4.96
roic	0.09	0.1	-15.61
return on tangible assets	0.06	0.07	-18.30
graham net net	-1140.27	-1172.12	2.72
working capital	648039000000	578653000000	11.99
tangible asset value	758939000000	659678000000	15.05
net current asset value	246603000000	217719000000	13.27
invested capital	938671000000	800331000000	17.29
average receivables	276988500000	267602000000	3.51
average payables	239056500000	220668000000	8.33
average inventory	649439500000	513614500000	26.44
days sales outstanding	62.87	55.84	12.58
days payables outstanding	74.14	59.78	24.02
days of inventory on hand	194.11	169.98	14.20
receivables turnover	5.81	6.54	-11.17
payables turnover	4.92	6.11	-19.37
inventory turnover	1.88	2.15	-12.43
roe	0.14	0.17	-21.56
capex per share	162.26	183.47	-11.56

• ROE:

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 8.31 on 2023-12-31 from 4.29 on 2022-12-31, representing a change of 93.79%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.56 on 2023-12-31 from 0.56 on 2022-12-31, representing a change of 1.22%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Neutral

  Current Ratio: Current Ratio decreased to 2.10 on 2023-12-31 from 2.17 on 2022-12-31, representing a change of -3.18%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

• Quarterly Financial Ratios

	2023-12-31 Q4	2023-09-30 Q3	Q/Q change %
1911.T
calendar year	2023	2023	NaN
revenue per share	2444.68	2033.84	20.20
net income per share	189.02	92.71	103.88
operating cash flow per share	0	0	NaN
free cash flow per share	0	0	NaN
cash per share	890.5	631.26	41.07
book value per share	4023.1	3995.09	0.70
tangible book value per share	3708.61	3852.15	-3.73
shareholders equity per share	3686.87	3667.33	0.53
interest debt per share	2075.89	0	NaN
market cap	860111843283	779224896296	10.38
enterprise value	1109211843283	653162896296	69.82
pe ratio	5.56	10.26	-45.83
price to sales ratio	1.72	1.87	-8.13
pocfratio	0	0	NaN
pfcf ratio	0	0	NaN
pb ratio	1.14	1.04	9.85
ptb ratio	1.14	1.04	9.85
ev to sales	2.22	1.57	41.35
enterprise value over ebitda	19.69	17.39	13.19
ev to operating cash flow	0	0	NaN
ev to free cash flow	0	0	NaN
earnings yield	0.04	0.02	84.62
free cash flow yield	0	0	NaN
debt to equity	0.56	0	NaN
debt to assets	0.23	0	NaN
net debt to ebitda	4.42	-3.36	231.70
current ratio	2.1	2.31	-9.13
interest coverage	52.0	0	NaN
income quality	0	0	NaN
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0.0	0	NaN
intangibles to total assets	0.04	0.02	113.42
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	3959.83	2765.93	43.16
roic	0.03	0.02	41.08
return on tangible assets	0.02	0.01	101.62
graham net net	-1129.53	-1371.91	17.67
working capital	648039000000	699526000000	-7.36
tangible asset value	758939000000	788674000000	-3.77
net current asset value	246603000000	291034000000	-15.27
invested capital	938671000000	944059000000	-0.57
average receivables	258544500000	240213500000	7.63
average payables	257868500000	230012000000	12.11
average inventory	719265000000	695950500000	3.35
days sales outstanding	53.7	47.24	13.68
days payables outstanding	64.77	69.57	-6.90
days of inventory on hand	169.57	207.02	-18.09
receivables turnover	1.68	1.91	-12.03
payables turnover	1.39	1.29	7.41
inventory turnover	0.53	0.43	22.09
roe	0.05	0.03	102.80
capex per share	0	0	NaN

• Negative

  ROE: Return on Equity (ROE) increased to 0.05 on 2023-12-31 Q4 from 0.03 on 2023-09-30 Q3, representing a change of 102.80%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 5.56 on 2023-12-31 Q4 from 10.26 on 2023-09-30 Q3, representing a change of -45.83%. Indicating a decrease in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 2.10 on 2023-12-31 Q4 from 2.31 on 2023-09-30 Q3, representing a change of -9.13%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 6261.24 which is higher than current price 5304, indicates the company may be undervalued.