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  2. •

    Utilities

  3. •

    Electric utilities
eREX Co., Ltd.

eREX Co., Ltd.

4.26
EUR
-0.02
(-0.47%)
405.74MMarket Cap
Nov 10Next Earn
eREX Co., Ltd.
FRA:6HF
(Frankfurt Stock Exchange)

Recent

price

4.26

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
JPY
614.83
550.87
550.55
624.27
931.81
1,301.09
1,747.52
2,625.03
3,902.72
5,006.64
4,130.72
2,316.04
2,168.88
- -
Revenue per Share
32.74
29.78
26.78
38.4
60.3
54.63
89.01
116.28
163.44
154.28
-359.95
28.65
68.36
- -
Basic EPS, GAAP
-86.75
-50.73
-144.66
-217.68
44.92
-325.2
-176.69
297.65
-10.07
339.99
-434.49
263.71
- -
- -
Free Cash Flow per Basic Share
3
2.41
6.56
8.13
10.02
12.04
12.01
18.52
18.01
22.02
22.02
- -
- -
- -
Dividend per Share
88.18
244.06
282.31
264.34
282.87
384.02
513.92
747.44
942.22
1,023.27
810.16
823.18
902.1
- -
Book Value per Share
87.36
243.16
279.63
231.15
247.2
347.32
477.08
679.35
863.48
927.9
730.89
795
873.98
- -
Tangible Book Value per Share
25
31
42
50
50
51
51
54
59
59
59
74
78
78
Basic Weighted Avg Shares
15,311
17,074
22,878
31,167
46,948
65,827
88,639
141,885
230,502
296,312
244,977
171,217
169,170
- -
Sales/Revenue/Turnover
9.19
8.64
7.53
11.34
10.25
7.14
10.43
11.08
5.42
5
-8.96
4.17
4.44
- -
Operating Margin (%)
486
505
457
867
1,656
1,682
2,301
3,998
5,133
5,907
4,073
3,639
- -
- -
Depreciation Expense
815
923
1,113
1,917
3,038
2,764
4,515
6,285
9,653
9,131
-21,347
2,118
5,332
- -
Net Income, GAAP
40.73
33.48
37.81
45.01
18.13
31.97
28.63
33.61
25.35
36.23
- -
40.73
42.21
- -
Effective Tax Rate (%)
5.33
5.41
4.86
6.15
6.47
4.2
5.09
4.43
4.19
3.08
-8.71
1.24
3.15
- -
Profit Margin (%)
2,666
7,195
10,310
5,809
7,160
4,913
10,423
25,085
26,495
29,896
20,445
27,952
19,482
- -
Working Capital
2,739
3,940
8,214
11,594
12,649
27,303
38,398
36,710
39,426
43,760
35,011
32,195
35,484
- -
LT Debt
3,455
10,350
14,732
15,917
17,856
25,823
34,260
54,494
66,818
72,232
55,601
72,479
77,662
- -
Total Equity
- -
8.84
5.52
6.85
10.78
6.28
8.82
10.74
8.13
7.3
- -
3.61
3.4
- -
Return on Invested Capital (%)
- -
10
6.72
7.66
7
5.55
4.16
4.15
8.4
7.03
- -
0.99
4.59
- -
Return on Capital (%)
- -
13.75
9.37
14.16
22.02
16.39
19.81
17.9
19.35
15.7
-39.27
3.77
7.93
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
13,812
20,354
- -
LT Borrowings
31,598
34,462
- -
LT Finance Leases
1,295
1,022
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
78
78
78
Market Capitalization
56,052
74,424
56,807

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
64,235
63,824
- -
Cash, Cash Equivalents & STI
25,256
30,811
- -
Accounts Receivable, Net
33,053
27,647
- -
Inventories
2,706
2,545
- -
Total Current Liabilities
38,935
44,342
- -
Payables & Accruals
- -
- -
- -
ST Debt
13,812
20,354
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.18%
9.04%
7.15%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-1.95%
-48.76%
151.75%
Sales/Revenue/Turnover
26.42%
8.48%
-1.2%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
171,217
2026
- -
- -
- -
- -
169,170
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
28.65
2026
- -
- -
- -
- -
68.36
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
eREX Co., Ltd. engages in the renewable energy business, primarily generating, trading, retailing, and supplying biomass-derived electric power in Japan and select overseas markets. The company operates biomass power plants including those in Tosa, Saiki, Buzen, Ofunato, and Nakagusuku; procures and sells biomass fuels such as wood residues and rice husks from sources in Indonesia, Malaysia, Vietnam, and Cambodia; conducts electricity trading to manage market price fluctuations and procurement from wholesale exchanges; and retails electricity nationwide to corporate and household customers via high-voltage, extra-high-voltage, and low-voltage supplies through subsidiaries Evergreen Marketing Co., Ltd., Evergreen Retailing Co., Ltd., Okinawa Gas New Power Co., and e-sell Co., Ltd. It also pursues hydrogen power generation demonstrations at Fujiyoshida, hydroelectric projects in Cambodia, and biomass developments in Vietnam. Founded in 1999 and headquartered at 14F Kyobashi Edogrand, 2-2-1 Kyobashi, Chuo-ku, Tokyo, Japan, eREX lists on the Tokyo Stock Exchange (9517; OTC: ERXCF) with 284 consolidated employees. Recent developments include a December 2024 capital and business alliance with JR East, entailing a 2 billion yen investment for a 4.9% stake to collaborate on renewable aggregation and decarbonization, completed in January 2025; a June 2025 expansion into asset aggregation via sleeving an intra-JR East PPA; an October 2025 MOU with Samsung C&T Japan Office for joint battery energy storage system (BESS) development starting with a 2MW/8MWh pilot in Miyazaki; and a November 2025 EPC contract signing with PECC2 for the 50MW Yen Bai Biomass Power Plant in Vietnam, slated for operations by end-2027 following a prior April 2025 business alliance.