Shibaura Machine Co Ltd TSHMY

IndustrialsMachinery, Tools, Heavy Vehicles, Trains & ShipsJapan

Last close 11.17 USD on Nov 2, 2026, −3.6% year to date

Quant rating

Quant rating D Rank 411 of 418 in Industrials

Growth D 341 of 418
Valuation D 397 of 418
Quality D 332 of 418
Revisions D 343 of 418
Momentum D 383 of 418

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 745M
Enterprise value: 567M
52-week range: 11.17 – 17.10
3-year range: 10.00 – 17.10
Dividend yield: 3.95%
Beta (5 years): –
Shares outstanding: 24.8M
Next earnings: Nov 11, 2026

About the company

Shibaura Machine Co Ltd is a Japan-based company mainly engaged in the provision of molding machines and machine tools. It operates through two business segments. Molding Machine segment is engaged in the manufacture, sale, installation, and maintenance of injection molding machines, extrusion molding machines and die casting machines. Products include all-electric injection molding machine EC-SXIII, EC-SX and EC-S series, hybrid type Injection molding machine ED and IS series, special specification injection molding machine, fine foam molding and control system. Machine Tool segment is engaged in the manufacture, sale, installation and maintenance of machine tools. Products include high-speed shape machines MPJ-M and MPJ series, horizontal boring machines BTD-100R12 and BTD-110H.R13/R16, grinding machines KWA-D and KT-C series. It is also engaged in manufacture and sale of industrial robots, servo motors, computer numerical control (CNC) devices, sewerage-related measuring equipment.

Growth and profitability

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	837	1,122	1,062	928	886	–
Revenue growth	−25.4%	5.6%	14.4%	4.7%	5.9%	0.0%
EPS (basic, normalized)	–	–	–	–	–	–
EPS growth	–	–	–	–	–	–
Gross margin	31.1%	31.8%	31.5%	31.5%	30.2%	31.2%
Net margin	0.8%	7.5%	11.2%	5.2%	3.5%	5.6%
ROE	0.9%	11.0%	17.8%	7.5%	4.5%	8.3%

Balance sheet, last quarter
Cash & short-term investments (mil)	235
Current ratio	2.71x
Long-term debt (mil)	0.1
Net debt (mil)	−172
Total equity (mil)	723
Net debt / equity	−0.24x
Net debt / EBITDA	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2026 actual	837	−25.4%	0.7x	–	–	–	–	–	–

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	–	–	–	–	–	–	–	–
2028	–	–	–	–	–	–	–	–
2029	–	–	–	–	–	–	–	–

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	–	–	–	–	–	–	–	–	–
Sales mean (mil)	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–
EPS reported	–	–	–	–	–	–	–	–	–	–
EPS mean	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–

FQ0 is the most recent reported quarter, FQ-1 the one before, and so on.

Peer comparison Machinery, Tools, Heavy Vehicles, Trains & Ships

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
TSHMY Shibaura Machine Co Ltd	745M	–	0.8%	0.95x	–	–	–	–
TE T1 Energy Inc.	767M	−8.38x	−44.3%	2.61x	−6.5x	−126.6x	20.9x	5.8x
KRNT Kornit Digital Ltd.	749M	−285.92x	−6.5%	1.18x	82.6x	61.0x	116.4x	39.9x
FEIM Frequency Electronics Inc	742M	−13.40x	−1.4%	6.02x	45.4x	32.5x	46.9x	24.4x
EACO EACO Corp	729M	18.78x	7.5%	3.87x	–	–	–	–
VPG Vishay Precision Group, Inc.	693M	−2.14x	1.7%	2.08x	72.7x	29.0x	21.2x	10.7x
Mean		−58.21x	−7.0%	2.79x	48.5x	−1.0x	51.4x	20.2x
Median		−8.38x	−0.3%	2.35x	59.0x	30.8x	34.1x	17.5x

Technical analysis

1M–
3M–
1Y−3.6%
3Y−27.0%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Shibaura Machine Co Ltd, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Total revenue	837	1,122	1,062	928	886	837
Cost of revenue	576	765	727	635	619	612
Gross profit	261	357	335	292	267	225
Selling, general & administrative expenses	215	247	225	226	211	202
Research & development	7.9	9.5	12.5	15.2	14.8	12.7
Depreciation/amortization	10.0	6.6	6.6	7.3	6.5	6.7
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	22.2	1.1	−0.4	2.1	3.0	6.1
Other operating expenses	0	0	0	0	0	0
Operating income	5.3	92.9	90.4	41.3	31.8	−2.6
Net interest income (expense)	19.6	2.3	7.7	−0.6	5.0	6.0
Gain (loss) on sale of assets	−1.9	26.6	71.2	9.9	−1.0	−0.6
Other non-operating income (expense)	−0.7	−2.3	−1.9	−1.9	−2.3	−0.4
Net income before taxes	22.4	119	167	48.8	33.5	2.4
Provision for taxes	15.9	35.4	48.9	0.3	2.9	28.6
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	6.5	84.0	118	48.5	30.6	−26.2
Extraordinary items	–	–	–	–	–	–
Net income	6.5	84.0	118	48.5	30.6	−26.2
EBIT, normalized	27.5	94.0	90.0	43.4	34.8	3.4
EBITDA, normalized	48.3	113	106	59.7	50.9	19.3
Basic EPS, normalized	–	–	–	–	–	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Shibaura Machine Co Ltd, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	270	363	341	383	425	383
Receivables	167	182	200	197	194	250
Total inventory	315	415	677	605	424	263
Prepaid expenses	–	–	–	–	–	–
Other current assets	33.0	47.8	123	121	62.2	32.2
Total current assets	786	1,008	1,342	1,305	1,105	928
Property, plant & equipment	211	227	222	153	174	188
Goodwill	2.0	2.5	3.1	–	–	–
Intangibles	4.2	5.1	5.0	6.2	6.9	5.2
Long-term investments	77.3	80.0	92.5	63.7	75.4	79.8
Note receivable	4.8	0	0	0	0	0.1
Other long-term assets	7.6	8.9	9.1	17.0	11.1	12.4
Total assets	1,093	1,331	1,673	1,545	1,373	1,213
Liabilities
Accounts payable	95.4	100	205	275	195	159
Payable/accrued	–	–	–	–	–	–
Accrued expenses	28.5	29.9	39.9	32.9	34.0	31.0
Short-term debt	67.0	67.6	72.9	80.7	85.6	91.1
Current portion of long-term debt	2.5	1.6	1.6	26.4	4.9	4.9
Other current liabilities	87.4	277	542	391	262	65.8
Total current liabilities	281	477	861	806	582	352
Long-term debt	3.1	3.4	3.5	1.3	28.3	35.0
Minority interest	–	–	–	–	–	–
Other liabilities	62.1	69.8	70.1	66.3	76.2	84.0
Total liabilities	346	550	935	873	686	471
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	78.7	83.3	82.5	94.0	103	113
Additional paid-in capital	72.7	76.9	76.3	86.9	94.8	104
Retained earnings (accumulated deficit)	506	548	523	486	562	628
Treasury stock	−22.6	−24.2	−52.1	−59.4	−134	−148
Other equity	112	97.1	109	63.2	61.2	44.8
Total equity	747	781	738	671	686	742
Total liabilities & shareholders' equity	1,093	1,331	1,673	1,545	1,373	1,213

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Shibaura Machine Co Ltd, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	22.4	119	167	48.8	33.5	2.4
Depreciation, depletion & amortization	20.7	18.6	16.1	16.3	16.0	15.9
Deferred taxes	–	–	–	–	–	–
Non-cash items	4.6	−32.3	−71.2	−14.6	9.8	14.9
Changes in working capital	−99.9	−50.1	−50.8	−43.5	33.5	−31.4
Cash from operations	−52.2	55.6	61.5	7.0	92.9	1.7
Investing activities
Capital expenditures	−16.8	−19.6	−21.3	−20.0	−13.2	−15.9
Other investing cash flows	6.7	25.6	−3.9	15.7	2.8	2.1
Cash from investing	−10.2	6.1	−25.1	−4.2	−10.4	−13.9
Financing activities
Financing cash flow items	−2.1	−2.0	−1.9	−1.9	−1.0	−0.2
Cash dividends paid	−20.8	−22.3	−22.4	−13.6	−14.9	−44.5
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	0.8	−19.2	−20.0	−1.6	−1.4	0
Cash from financing	−22.1	−43.6	−44.3	−17.1	−17.3	−44.8
Foreign exchange effects	11.2	0.3	12.8	7.9	11.2	6.4
Net change in cash	−73.2	18.4	4.8	−6.4	76.4	−50.5
Free cash flow	−69.0	36.0	40.2	−12.9	79.7	−14.2

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

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Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.