Financials Asahipen Corporation

Equities

4623

JP3116400007

Commodity Chemicals

Market Closed - Japan Exchange 09:52:03 21/05/2024 am IST 5-day change 1st Jan Change
1,833 JPY 0.00% Intraday chart for Asahipen Corporation +0.44% +3.91%

Valuation

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Capitalization 1 8,204 7,414 6,711 7,730 7,247 6,701
Enterprise Value (EV) 1 6,095 5,825 5,475 6,973 5,527 6,741
P/E ratio 16.3 x 14.6 x 13.1 x 12.7 x 7.34 x 10.5 x
Yield 2.89% 3.12% 3.33% 2.74% 2.88% 2.97%
Capitalization / Revenue 0.62 x 0.55 x 0.49 x 0.49 x 0.51 x 0.39 x
EV / Revenue 0.46 x 0.43 x 0.4 x 0.44 x 0.39 x 0.39 x
EV / EBITDA 7.77 x 7.17 x 6.31 x 5.52 x 4.76 x 5.32 x
EV / FCF 131 x 27.4 x -92.6 x 11,156 x 6.27 x 261 x
FCF Yield 0.76% 3.65% -1.08% 0.01% 16% 0.38%
Price to Book 0.66 x 0.59 x 0.55 x 0.6 x 0.54 x 0.5 x
Nbr of stocks (in thousands) 4,318 4,201 4,065 3,855 3,796 3,624
Reference price 2 1,900 1,765 1,651 2,005 1,909 1,849
Announcement Date 28/06/18 27/06/19 26/06/20 29/06/21 29/06/22 30/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Net sales 1 13,289 13,438 13,760 15,845 14,131 17,130
EBITDA 1 784 813 868 1,263 1,160 1,268
EBIT 1 585 588 644 1,009 830 791
Operating Margin 4.4% 4.38% 4.68% 6.37% 5.87% 4.62%
Earnings before Tax (EBT) 1 683 752 771 775 1,104 1,079
Net income 1 507 516 525 633 1,003 653
Net margin 3.82% 3.84% 3.82% 3.99% 7.1% 3.81%
EPS 2 116.7 120.8 125.6 157.6 260.2 175.4
Free Cash Flow 1 46.38 212.6 -59.12 0.625 881.8 25.88
FCF margin 0.35% 1.58% -0.43% 0% 6.24% 0.15%
FCF Conversion (EBITDA) 5.92% 26.15% - 0.05% 76.01% 2.04%
FCF Conversion (Net income) 9.15% 41.21% - 0.1% 87.91% 3.96%
Dividend per Share 2 55.00 55.00 55.00 55.00 55.00 55.00
Announcement Date 28/06/18 27/06/19 26/06/20 29/06/21 29/06/22 30/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Marzo 2020 S1 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 7,359 8,889 7,669 3,613 4,710 8,737 4,560 4,600 8,700 4,616
EBITDA - - - - - - - - - -
EBIT 1 405 717 594 334 376 449 307 346 468 324
Operating Margin 5.5% 8.07% 7.75% 9.24% 7.98% 5.14% 6.73% 7.52% 5.38% 7.02%
Earnings before Tax (EBT) 1 462 651 767 396 498 581 433 369 504 371
Net income 1 318 405 514 534 286 342 277 232 314 248
Net margin 4.32% 4.56% 6.7% 14.78% 6.07% 3.91% 6.07% 5.04% 3.61% 5.37%
EPS 2 75.94 99.43 132.8 137.7 76.19 90.93 74.30 64.16 86.97 69.31
Dividend per Share 25.00 25.00 25.00 - - 25.00 - - 30.00 -
Announcement Date 08/11/19 12/11/20 11/11/21 10/02/22 10/08/22 11/11/22 10/02/23 10/08/23 10/11/23 09/02/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 40
Net Cash position 1 2,109 1,589 1,236 757 1,720 -
Leverage (Debt/EBITDA) - - - - - 0.0315 x
Free Cash Flow 1 46.4 213 -59.1 0.63 882 25.9
ROE (net income / shareholders' equity) 4.16% 4.14% 4.23% 5.02% 7.66% 4.88%
ROA (Net income/ Total Assets) 1.91% 1.94% 2.15% 3.3% 2.63% 2.4%
Assets 1 26,493 26,599 24,364 19,195 38,083 27,240
Book Value Per Share 2 2,876 2,982 3,000 3,355 3,521 3,733
Cash Flow per Share 2 1,083 1,038 949.0 921.0 1,165 1,134
Capex 1 232 243 930 1,126 213 335
Capex / Sales 1.75% 1.81% 6.76% 7.11% 1.51% 1.96%
Announcement Date 28/06/18 27/06/19 26/06/20 29/06/21 29/06/22 30/06/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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