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HTHIY · OTC · United States · Heavy Construction Other Than Bldg Const - Contractors
In shortHITACHI LTD is profitable, generates cash and carries moderate debt, with revenue growing (+3.9% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | – | n/a |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 2.6% | 30/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 17.5% | 88/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.20× | 33/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.14× | 48/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 6.3% | 45/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.46× | 100/100 |
| Years with positive free cash flow (last 5) | 4 of 4 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 4 | 25/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 3 | 0/100 |
| Revenue growth volatility | 8.4% | 80/100 |
| Operating margin volatility | – | n/a |
Weight in the score: 20%
| Revenue growth, 3-year average | -6.0% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2011 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 4 fiscal years from the company's annual reports.
JPY millions; negative values in parentheses.
| Fiscal year | FY08 | FY09 | FY10 | FY11 |
|---|---|---|---|---|
| Revenue | 11,226,735 | 10,000,369 | 8,968,546 | 9,315,807 |
| Cost of revenue | 8,777,657 | 7,816,180 | 6,849,255 | 6,967,433 |
| Gross profit | 2,449,078 | 2,184,189 | 2,119,291 | 2,348,374 |
| Research & development | – | 416,517 | 372,470 | 395,180 |
| Selling, general & admin | 2,103,562 | 2,057,043 | 1,917,132 | 1,903,866 |
| Interest expense | 42,448 | 33,809 | 26,252 | 24,878 |
| Pre-tax income | – | (289,871) | 63,580 | 432,201 |
| Income tax | 272,163 | 505,249 | 147,971 | 129,075 |
| Net income | (58,125) | (787,337) | (106,961) | 238,869 |
| Diluted EPS | −¥17.77 | −¥236.87 | −¥29.20 | ¥49.38 |
Not computed: a required balance-sheet item is missing.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice.
Latest annual report: Mar 31, 2011 · Data updated Jul 21, 2011