Financials Asia Air Survey Co., Ltd.

Equities

9233

JP3118800006

Mining Support Services & Equipment

Market Closed - Japan Exchange 11:30:00 02/05/2024 am IST 5-day change 1st Jan Change
1,084 JPY +0.65% Intraday chart for Asia Air Survey Co., Ltd. +2.07% +11.87%

Valuation

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Capitalization 1 12,277 10,449 18,866 16,943 13,741 16,245
Enterprise Value (EV) 1 8,381 7,723 15,447 12,259 10,447 10,578
P/E ratio 18.7 x 9.67 x 10.7 x 9.75 x 7.96 x 8.79 x
Yield 1.46% 2.07% 1.34% - 3.68% 3.45%
Capitalization / Revenue 0.5 x 0.37 x 0.63 x 0.52 x 0.41 x 0.44 x
EV / Revenue 0.34 x 0.27 x 0.51 x 0.38 x 0.31 x 0.28 x
EV / EBITDA 4.79 x 3.43 x 5.02 x 3.46 x 2.72 x 2.45 x
EV / FCF -10.4 x -15.6 x 10.4 x 7.12 x -21.3 x 3.85 x
FCF Yield -9.58% -6.43% 9.59% 14% -4.69% 26%
Price to Book 1.03 x 0.75 x 1.22 x 0.99 x 0.76 x 0.82 x
Nbr of stocks (in thousands) 17,975 17,985 18,036 18,140 18,080 18,090
Reference price 2 683.0 581.0 1,046 934.0 760.0 898.0
Announcement Date 14/12/18 19/12/19 18/12/20 16/12/21 15/12/22 14/12/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net sales 1 24,593 28,480 30,120 32,506 33,674 37,304
EBITDA 1 1,749 2,254 3,077 3,545 3,840 4,311
EBIT 1 948 1,346 2,074 2,338 2,466 2,690
Operating Margin 3.85% 4.73% 6.89% 7.19% 7.32% 7.21%
Earnings before Tax (EBT) 1 1,116 1,659 2,515 2,549 2,648 2,774
Net income 1 657 1,080 1,754 1,729 1,727 1,848
Net margin 2.67% 3.79% 5.82% 5.32% 5.13% 4.95%
EPS 2 36.61 60.06 97.53 95.76 95.48 102.2
Free Cash Flow 1 -802.5 -496.4 1,481 1,721 -489.8 2,747
FCF margin -3.26% -1.74% 4.92% 5.3% -1.45% 7.36%
FCF Conversion (EBITDA) - - 48.12% 48.56% - 63.73%
FCF Conversion (Net income) - - 84.42% 99.56% - 148.67%
Dividend per Share 2 10.00 12.00 14.00 - 28.00 31.00
Announcement Date 14/12/18 19/12/19 18/12/20 16/12/21 15/12/22 14/12/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September 2020 S1 2021 S1 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1
Net sales 1 18,712 21,473 6,797 20,237 4,978 7,512 24,119 5,076 8,548
EBITDA - - - - - - - - -
EBIT 1 3,015 3,856 491 3,940 -1,251 542 4,727 -1,550 557
Operating Margin 16.11% 17.96% 7.22% 19.47% -25.13% 7.22% 19.6% -30.54% 6.52%
Earnings before Tax (EBT) 1 3,241 3,794 417 3,855 -1,096 532 4,588 -1,618 462
Net income 1 2,125 2,534 234 2,569 -773 312 3,000 -1,141 262
Net margin 11.36% 11.8% 3.44% 12.69% -15.53% 4.15% 12.44% -22.48% 3.07%
EPS 2 118.2 140.7 12.94 142.1 -42.73 17.28 165.9 -63.05 14.53
Dividend per Share - - - - - - - - -
Announcement Date 15/05/20 14/05/21 10/02/22 13/05/22 10/08/22 10/02/23 12/05/23 10/08/23 09/02/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 3,896 2,726 3,419 4,684 3,294 5,667
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -803 -496 1,481 1,721 -490 2,747
ROE (net income / shareholders' equity) 5.77% 8.39% 11.9% 10.6% 9.79% 9.71%
ROA (Net income/ Total Assets) 2.66% 3.55% 4.92% 5.14% 5.1% 5.16%
Assets 1 24,695 30,450 35,640 33,666 33,865 35,845
Book Value Per Share 2 662.0 771.0 861.0 945.0 1,005 1,094
Cash Flow per Share 2 296.0 257.0 309.0 391.0 305.0 447.0
Capex 1 947 480 705 639 662 1,150
Capex / Sales 3.85% 1.69% 2.34% 1.97% 1.97% 3.08%
Announcement Date 14/12/18 19/12/19 18/12/20 16/12/21 15/12/22 14/12/23
1JPY in Million2JPY
Estimates
  1. Stock Market
  2. Equities
  3. 9233 Stock
  4. Financials Asia Air Survey Co., Ltd.