Hitachi Ltd. - ADR
HTHIY
Market Cap$120.57B
Close$
Earnings Call Q2 2024
October 31, 2024 - AI Summary
**Strong Revenue Growth**: Hitachi Limited reported an 11% year-on-year increase in revenues for Q2 FY2024, attributed to demand in Digital Systems & Services (DSS) and Green Energy & Mobility (GEM) sectors. Adjusted EBITA increased by 23% over the same period, driven primarily by improvements in the gem and digital segments, with an adjusted EBITA margin reaching 10.7%.
**Upward Revision of FY2024 Forecasts**: The company has revised its FY2024 revenue forecast upwards by ¥150 billion, expecting a total revenue increase of 7% year-on-year. Furthermore, adjusted EBITA is projected to grow by 23% year-on-year, indicating that both revenue and profit expectations have been improved due to strong performance particularly in GEM.
**Core Free Cash Flow Forecast**: Core free cash flow is expected to reach ¥1.5 trillion, exceeding its medium-term target by ¥300 billion, highlighting an improvement in cash generation capability despite increasing capital investment.
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$8.84
83.1% downside
Current Fair Value
83.1% downsideOvervalued by 83.1% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $120.57 Billion |
|---|---|
| Enterprise Value | $2.93 Trillion |
| Dividend Yield | $0.53564 (1.01636093207734%) |
| Earnings per Share | $126.75 |
| Beta | 0.73 |
| Outstanding Shares | 464,799,786 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 27.75 |
|---|---|
| PEG | 18.45 |
| Price to Sales | 0.0 |
| Price to Book Ratio | 0.0 |
| Enterprise Value to Revenue | 0.3 |
| Enterprise Value to EBIT | 3.56 |
| Enterprise Value to Net Income | 4 |
| Total Debt to Enterprise | 1.25 |
| Debt to Equity | 0.61 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Hitachi Ltd.
CEO: Toshiaki Higashihara