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Kurita Water Industries Ltd. engages in the provision of various water treatment solutions in North America, South America, Europe, and internationally. The company manufactures and sells boiler water treatment chemicals, cooling water treatment chemicals, wastewater treatment chemicals, process treatment chemicals, reverse osmosis membrane water treatment chemicals, automobile paint booth chemicals, biomass generation related chemicals, civil engineering and construction related chemicals, marine vessel related water treatment chemicals, and chemical dosing systems/chemical dosing control systems, as well as provides packaged contract services. It is also involved in the supply of water and steam; manufacture, sale, and maintenance of water and wastewater treatment facilities; and manufacture and sale of water treatment equipment, such as ultrapure water production systems, wastewater reclamation systems, and wastewater treatment systems and equipment. In addition, the company provides soil and groundwater contamination remediation, plant facilities cleaning, precision tool cleaning, remote monitoring, and water treatment consultation and information services; and offers water treatment equipment for professional use, water treatment products for general household use, and swimming pool-related equipment. Kurita Water Industries Ltd. was incorporated in 1949 and is headquartered in Tokyo, Japan.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Kurita Water Industries Ltd provides water treatment chemicals, engineering solutions and services for industrial and municipal water management, including wastewater and process water control. Long-term growth may be supported by tightening environmental regulations, rising industrial water demand, recurring maintenance contracts and digital monitoring services. Investors may find the company attractive for its technical know-how, diversified end markets and recurring-service revenue that can provide relative earnings stability.
Principal risks include sensitivity to industrial cyclicality, competitive and execution risks in international expansion, and regulatory and currency exposures that could pressure results.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
| Income before tax | 30151.00M | 30079.00M | 29150.00M | 26691.00M | 27532.00M |
| Minority interest | -543.00M | -1153.00M | 4748.00M | 1666.00M | 1868.00M |
| Net income | 20134.00M | 18471.00M | 19088.00M | 18287.00M | 17323.00M |
| Selling general administrative | 81106.00M | 71334.00M | 65206.00M | 66060.00M | 2845.00M |
| Gross profit | 119697.00M | 104279.00M | 94676.00M | 92715.00M | 82746.00M |
| Reconciled depreciation | 37276.00M | 23412.00M | 20739.00M | 18700.00M | 17761.00M |
| Ebit | 31228.00M | 36255.00M | 31073.00M | 28108.00M | 24497.00M |
| Ebitda | 68504.00M | 59667.00M | 51812.00M | 46808.00M | 42258.00M |
| Depreciation and amortization | 37276.00M | 23412.00M | 20739.00M | 18700.00M | 17761.00M |
| Non operating income net other | - | - | - | - | 0.00M |
| Operating income | 29058.00M | 35734.00M | 31529.00M | 27479.00M | 24326.00M |
| Other operating expenses | 315548.00M | 252472.00M | 236220.00M | 237326.00M | 235080.00M |
| Interest expense | 1077.00M | 6176.00M | 1923.00M | 1417.00M | 317.00M |
| Tax provision | 9473.00M | 10454.00M | 9326.00M | 8378.00M | 10207.00M |
| Interest income | 1990.00M | 601.00M | 545.00M | 569.00M | 159.00M |
| Net interest income | 913.00M | -5575.00M | -1378.00M | -848.00M | -158.00M |
| Extraordinary items | - | - | - | - | 0.00M |
| Non recurring | - | - | - | - | 0.00M |
| Other items | - | - | - | - | 0.00M |
| Income tax expense | 9473.00M | 10454.00M | 9326.00M | 8378.00M | 10207.00M |
| Total revenue | 344608.00M | 288207.00M | 267749.00M | 264807.00M | 259409.00M |
| Total operating expenses | 90637.00M | 68544.00M | 63147.00M | 65234.00M | 58417.00M |
| Cost of revenue | 224911.00M | 183928.00M | 173073.00M | 172092.00M | 176663.00M |
| Total other income expense net | 1093.00M | -5655.00M | -2379.00M | -788.00M | 3206.00M |
| Discontinued operations | - | - | - | - | 0.00M |
| Net income from continuing ops | 20678.00M | 19625.00M | 19824.00M | 18313.00M | 17325.00M |
| Net income applicable to common shares | - | 18471.00M | 19088.00M | 18287.00M | 17323.00M |
| Preferred stock and other adjustments | - | - | - | - | 0.00M |
| Breakdown | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
| Total assets | 501538.00M | 469981.00M | 424928.00M | 387749.00M | 349884.00M |
| Intangible assets | 17104.00M | 18092.00M | 17320.00M | 13381.00M | 17655.00M |
| Other current assets | 5445.00M | 7567.00M | 3781.00M | 3849.00M | 4243.00M |
| Total liab | 205779.00M | 192119.00M | 167091.00M | 143641.00M | 110412.00M |
| Total stockholder equity | 293975.00M | 271914.00M | 253089.00M | 242442.00M | 237604.00M |
| Deferred long term liab | - | - | - | - | 0.00M |
| Other current liab | 24711.00M | 43097.00M | 23628.00M | 19123.00M | 41710.00M |
| Common stock | 13450.00M | 13450.00M | 13450.00M | 13450.00M | 13450.00M |
| Capital stock | 13450.00M | 13450.00M | 13450.00M | 13450.00M | 13450.00M |
| Retained earnings | 277639.00M | 260073.00M | 244138.00M | 231456.00M | 220234.00M |
| Other liab | - | 32377.00M | 45606.00M | 34227.00M | 37091.00M |
| Good will | 60413.00M | 62992.00M | 55596.00M | 47033.00M | 36301.00M |
| Other assets | 1.00M | 6073.00M | 1.00M | 4299.00M | 3.00M |
| Cash | 50468.00M | 45730.00M | 62228.00M | 50215.00M | 35351.00M |
| Total current liabilities | 109468.00M | 113927.00M | 74952.00M | 94408.00M | 68072.00M |
| Current deferred revenue | 8322.00M | 29805.00M | 9982.00M | 3774.00M | - |
| Net debt | 49598.00M | 12948.00M | -10876.00M | 4396.00M | -30101.00M |
| Short term debt | 33292.00M | 12863.00M | 4818.00M | 39605.00M | 0.00M |
| Short long term debt | 28998.00M | 8180.00M | 445.00M | 35371.00M | 0.00M |
| Short long term debt total | 100066.00M | 58678.00M | 51352.00M | 54611.00M | 5250.00M |
| Other stockholder equity | 2886.00M | -1609.00M | -4499.00M | -2464.00M | 3920.00M |
| Property plant equipment | - | 180076.00M | 137008.00M | 124142.00M | 109669.00M |
| Total current assets | 196416.00M | 178396.00M | 176482.00M | 162847.00M | 149550.00M |
| Long term investments | - | - | - | - | 28779.00M |
| Net tangible assets | - | 190830.00M | 180173.00M | 182028.00M | 183646.00M |
| Short term investments | 3357.00M | 3075.00M | 2817.00M | 2562.00M | 1235.00M |
| Net receivables | 120299.00M | 108892.00M | 97745.00M | 96974.00M | 99247.00M |
| Long term debt | 48758.00M | 30953.00M | 31207.00M | 1305.00M | 0.00M |
| Inventory | 16847.00M | 13132.00M | 9911.00M | 9247.00M | 9474.00M |
| Accounts payable | 51465.00M | 57967.00M | 46506.00M | 35680.00M | 26362.00M |
| Total permanent equity | - | - | - | - | 0.00M |
| Noncontrolling interest in consolidated entity | - | - | - | - | 0.00M |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | 0.00M |
| Accumulated other comprehensive income | - | - | - | - | 0.00M |
| Additional paid in capital | - | - | - | - | 0.00M |
| Common stock total equity | - | - | - | - | 0.00M |
| Preferred stock total equity | - | - | - | - | 0.00M |
| Retained earnings total equity | - | - | - | - | 0.00M |
| Treasury stock | - | - | - | - | 0.00M |
| Accumulated amortization | - | - | - | - | 0.00M |
| Non currrent assets other | 3596.00M | 3227.00M | 2998.00M | 2679.00M | 7810.00M |
| Deferred long term asset charges | - | - | - | - | 0.00M |
| Non current assets total | 305121.00M | 291585.00M | 248445.00M | 224902.00M | 200332.00M |
| Capital lease obligations | 22310.00M | 19545.00M | 19700.00M | 17935.00M | 5250.00M |
| Long term debt total | - | - | - | - | 0.00M |
| Breakdown | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
| Investments | -46274.00M | 9024.00M | 2265.00M | -365.00M | 12125.00M |
| Change to liabilities | - | 1459.00M | -2904.00M | -1893.00M | -1088.00M |
| Total cashflows from investing activities | - | -39929.00M | -10771.00M | -43683.00M | -51559.00M |
| Net borrowings | - | 7092.00M | -5764.00M | 34617.00M | -3011.00M |
| Total cash from financing activities | 1101.00M | -7927.00M | -18852.00M | 21981.00M | -11280.00M |
| Change to operating activities | - | -828.00M | -3410.00M | 2652.00M | 20657.00M |
| Net income | 30151.00M | 30079.00M | 29150.00M | 26691.00M | 27532.00M |
| Change in cash | 4738.00M | -16498.00M | 12013.00M | 14668.00M | -23369.00M |
| Begin period cash flow | 45730.00M | 62228.00M | 50215.00M | 35547.00M | 58917.00M |
| End period cash flow | 50468.00M | 45730.00M | 62228.00M | 50215.00M | 35548.00M |
| Total cash from operating activities | 48631.00M | 28737.00M | 40002.00M | 37376.00M | 38478.00M |
| Depreciation | 37276.00M | 23412.00M | 20739.00M | 18700.00M | 17761.00M |
| Other cashflows from investing activities | - | 1839.00M | -874.00M | -10643.00M | -34346.00M |
| Dividends paid | -8699.00M | -8797.00M | -8083.00M | -6539.00M | 5966.00M |
| Change to inventory | -3109.00M | -1918.00M | 254.00M | -169.00M | 1463.00M |
| Change to account receivables | - | -6713.00M | 746.00M | 4527.00M | -10907.00M |
| Sale purchase of stock | - | - | - | - | -2.00M |
| Other cashflows from financing activities | 10299.00M | 1355.00M | -10124.00M | 28904.00M | -4718.00M |
| Change to netincome | - | -16754.00M | -4573.00M | -13132.00M | -16940.00M |
| Capital expenditures | 54985.00M | 57134.00M | 15964.00M | 32702.00M | 29835.00M |
| Change receivables | - | - | - | - | 0.00M |
| Cash flows other operating | - | - | - | - | 0.00M |
| Exchange rate changes | - | - | - | - | 0.00M |
| Cash and cash equivalents changes | - | - | - | - | 0.00M |
| Change in working capital | -5316.00M | -7172.00M | -1904.00M | 2465.00M | 6539.00M |
| Other non cash items | -13480.00M | -17582.00M | -7983.00M | -10480.00M | -13354.00M |
| Free cash flow | -6354.00M | -28397.00M | 24038.00M | 4674.00M | 8643.00M |
Sector: Industrials Industry: Pollution & Treatment Controls
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| KTWIF Kurita Water Industries Ltd |
- -% |
29.95 | 29.75 | - | 0.01 | 1.94 | 0.01 | 0.06 |
| VLTO Veralto Corporation |
0.54 0.46% |
117.09 | 29.06 | 27.70 | 4.78 | 10.95 | 5.04 | 20.26 |
| FSS Federal Signal Corporation |
1.36 1.21% |
113.44 | 28.73 | 24.21 | 3.17 | 5.00 | 3.41 | 17.76 |
| ZWS Zurn Elkay Water Solutions Corporation |
-0.38 0.87% |
43.47 | 53.45 | 25.32 | 3.38 | 3.18 | 3.67 | 20.69 |
| KTWIY Kurita Water Industries Ltd |
-0.77 1.17% |
65.28 | 19.66 | - | 0.01 | 2.29 | 2.09 | 8.87 |
Kurita Water Industries Ltd. engages in the provision of various water treatment solutions in North America, South America, Europe, and internationally. The company manufactures and sells boiler water treatment chemicals, cooling water treatment chemicals, wastewater treatment chemicals, process treatment chemicals, reverse osmosis membrane water treatment chemicals, automobile paint booth chemicals, biomass generation related chemicals, civil engineering and construction related chemicals, marine vessel related water treatment chemicals, and chemical dosing systems/chemical dosing control systems, as well as provides packaged contract services. It is also involved in the supply of water and steam; manufacture, sale, and maintenance of water and wastewater treatment facilities; and manufacture and sale of water treatment equipment, such as ultrapure water production systems, wastewater reclamation systems, and wastewater treatment systems and equipment. In addition, the company provides soil and groundwater contamination remediation, plant facilities cleaning, precision tool cleaning, remote monitoring, and water treatment consultation and information services; and offers water treatment equipment for professional use, water treatment products for general household use, and swimming pool-related equipment. Kurita Water Industries Ltd. was incorporated in 1949 and is headquartered in Tokyo, Japan.
| Name | Title | Year Born |
|---|---|---|
| Mr. Michiya Kadota | Pres & Representative Director | NA |
| Shuji Shirode | Exec. GM of Corp. Control & Admin. Division and Director | NA |
| Mr. Kosuke Arai | Gen. Mang. of CSR & Investor Relations Department, Corp. Control & Admin. Division | NA |
| Mr. Yoshio Yamada | MD, Exec. GM of Innovation Division & Director | NA |
| Mr. Hirohiko Ejiri | Exec. Sr. MD & Chief Bus. Officer for Chemical Operation & Representative Director | NA |
| Kunihiro Kuse | Sr. GM of Engineering Group I - Group Engineering Division & Exec. Officer | NA |
| Mr. Yasuo Suzuki | MD, Exec GM of Global Bus. Division, Chief Bus. Officer for Global Operation & Director | NA |
| Masaya Kawai | Exec. Officer & Sr. Gen. Mang. of Solution Bus. Group, Japan Sales Bus. Division | NA |
| Takehiro Nozue | Exec. Officer & Sr. GM of Marketing Group, Innovation Division | NA |
| Shingo Yamaga | Exec. Officer and Sr. GM of EMEA, Americas Operation Group & Global Bus. Division | NA |
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