6466
TVE Co.,Ltd.
株式会社TVETVE Co., Ltd. engages in the manufacture, sale, and maintenance of industrial valves, electrical equipment, reconstruction, and other decommissioning equipment in Japan. It operates through Electrical Equipment, Steel Manufacturing, and Valve Business segments. The company offers valves for nuclear power plant, thermal plant, ships, petrochemical plants, and other power plants, as well as manufacture and sell cast steel products. It also constructs electrical equipment for nuclear power plants; gate valves, such as wedge gate and parallel slide valves; safety/relief valves, including open safety, sealed relief, electromagnetic relief, general purpose safety, pressurizer, vacuum, main steam safety, moisture separation heater relief, cross-around pipe safety valves; and globe valve, Y-valve, and angle valve. In addition, the company provides swing check, lift check, tilting check, stop check, and bleed check valves; and special valves comprising through conduit, pressure stop, needle, fuel transfer pipe gate, main steam isolation, main steam check, and safety injection system valves, as well as flow meters. Further, it offers maintenance services; and produces and supplies stainless, heat-resistant, and other steel products. The company offers its products for nuclear power generation; thermal, IPP, and in-house power generation; oil, petrochemicals, and LNG; and marine vessels. TVE Co., Ltd. was formerly known as Toa Valve Engineering Inc. and changed its name to TVE Co., Ltd. in September 2020. The company was founded in 1922 and is headquartered in Amagasaki, Japan.
Price
¥4,040
Market Cap
¥9.5B
Ent. Value
¥7.2B
Net Cash
¥2.3B
Shares Out.
2.3M
P / E
15.9×
EV / EBIT
12.1×
P / Book
0.79×
P / NCAV
2.82×
Div. Yield
0.99%
Financials
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥10.2B | ¥11.2B | ¥9.4B | ¥8.5B | ¥10.5B |
| Cost of Sales | ¥7.6B | ¥8.1B | ¥7.0B | ¥6.8B | ¥8.0B |
| Gross Profit | ¥2.5B | ¥3.2B | ¥2.4B | ¥1.8B | ¥2.4B |
| SG&A | ¥1.9B | ¥2.1B | ¥2.0B | ¥1.8B | ¥1.7B |
| Operating Income | ¥596M | ¥1.0B | ¥476M | ¥-87M | ¥696M |
| Non-Operating Income | ¥142M | ¥119M | ¥88M | ¥128M | ¥83M |
| Dividend Income | ¥57M | ¥42M | ¥48M | ¥45M | ¥32M |
| Interest Income | ¥3M | ¥1M | ¥0M | ¥0M | ¥0M |
| Non-Operating Expenses | ¥13M | ¥12M | ¥26M | ¥14M | ¥5M |
| Interest Expense | ¥8M | ¥5M | ¥5M | ¥11M | ¥2M |
| Ordinary Income | ¥724M | ¥1.1B | ¥539M | ¥28M | ¥773M |
| Pre-tax Income | ¥909M | ¥1.1B | ¥597M | ¥17M | ¥766M |
| Income Taxes | ¥312M | ¥387M | ¥162M | ¥78M | ¥311M |
| Current Tax | ¥311M | ¥416M | ¥176M | ¥216M | ¥242M |
| Deferred Tax | ¥1M | ¥-29M | ¥-14M | ¥-139M | ¥69M |
| Net Income (owners) | ¥598M | ¥722M | ¥435M | ¥-60M | ¥456M |
| Minority Interest | — | — | — | ¥-0M | ¥-0M |
| Comprehensive Income | ¥1.0B | ¥1.2B | ¥742M | ¥51M | ¥655M |
| EBITDA | ¥969M | ¥1.4B | ¥851M | ¥249M | ¥1.0B |
| Goodwill Amort. (J-GAAP) | ¥7M | ¥7M | ¥7M | ¥5M | — |
| EPS | ¥254.85 | ¥308.37 | ¥186.27 | ¥-26.20 | ¥198.75 |
| Shares Outstanding | 2.3M | 2.3M | 2.3M | 2.3M | 2.3M |
| Shares Issued (total) | 2.5M | 2.5M | 2.5M | 2.5M | 2.7M |
| Treasury Shares | 0.1M | 0.1M | 0.1M | 0.1M | 0.4M |