BELLUNA CO., LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 629 JPY | +0.48% |
|
+2.95% | +1.13% |
| 2023 | Belluna Co., Ltd. acquired Tanizakura Shuzou Co., Ltd. | CI |
| 2023 | Belluna Co., Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023 | CI |
Valuation
| Fiscal Period: März | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,22,614 | 83,435 | 46,492 | 1,25,481 | 70,194 | 67,877 |
| Enterprise Value (EV) 1 | 1,63,774 | 1,30,705 | 1,01,767 | 1,67,921 | 1,25,721 | 1,46,936 |
| P/E ratio | 12.7 x | 8.07 x | 7.94 x | 11.4 x | 6.88 x | 9.15 x |
| Yield | 0.99% | 1.75% | 3.33% | 1.27% | 2.62% | 2.85% |
| Capitalization / Revenue | 0.76 x | 0.47 x | 0.26 x | 0.61 x | 0.32 x | 0.32 x |
| EV / Revenue | 1.01 x | 0.74 x | 0.57 x | 0.81 x | 0.57 x | 0.69 x |
| EV / EBITDA | 10.3 x | 8.58 x | 7.24 x | 8.51 x | 6.92 x | 9.33 x |
| EV / FCF | -19.7 x | -1,728 x | -18.7 x | 12.9 x | -11.1 x | -6.55 x |
| FCF Yield | -5.08% | -0.06% | -5.34% | 7.76% | -9.01% | -15.3% |
| Price to Book | 1.33 x | 0.83 x | 0.46 x | 1.11 x | 0.59 x | 0.54 x |
| Nbr of stocks (in thousands) | 97,236 | 97,244 | 96,657 | 96,673 | 96,685 | 96,690 |
| Reference price 2 | 1,261 | 858.0 | 481.0 | 1,298 | 726.0 | 702.0 |
| Announcement Date | 28/06/18 | 27/06/19 | 26/06/20 | 28/06/21 | 29/06/22 | 29/06/23 |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: März | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,61,673 | 1,77,648 | 1,79,948 | 2,06,499 | 2,20,128 | 2,12,376 |
| EBITDA 1 | 15,920 | 15,232 | 14,055 | 19,721 | 18,167 | 15,755 |
| EBIT 1 | 12,897 | 11,914 | 10,293 | 15,714 | 13,808 | 11,197 |
| Operating Margin | 7.98% | 6.71% | 5.72% | 7.61% | 6.27% | 5.27% |
| Earnings before Tax (EBT) 1 | 13,732 | 15,467 | 9,558 | 17,743 | 15,311 | 11,953 |
| Net income 1 | 9,665 | 10,343 | 5,862 | 11,036 | 10,204 | 7,417 |
| Net margin | 5.98% | 5.82% | 3.26% | 5.34% | 4.64% | 3.49% |
| EPS 2 | 99.40 | 106.4 | 60.62 | 114.2 | 105.5 | 76.71 |
| Free Cash Flow 1 | -8,317 | -75.62 | -5,431 | 13,036 | -11,325 | -22,439 |
| FCF margin | -5.14% | -0.04% | -3.02% | 6.31% | -5.14% | -10.57% |
| FCF Conversion (EBITDA) | - | - | - | 66.1% | - | - |
| FCF Conversion (Net income) | - | - | - | 118.12% | - | - |
| Dividend per Share 2 | 12.50 | 15.00 | 16.00 | 16.50 | 19.00 | 20.00 |
| Announcement Date | 28/06/18 | 27/06/19 | 26/06/20 | 28/06/21 | 29/06/22 | 29/06/23 |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: März | 2020 S1 | 2021 S1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 86,222 | 91,139 | 46,882 | 1,05,808 | 62,819 | - | 53,439 | 45,340 | 98,779 | 61,675 | 51,922 | 51,842 | 44,263 | 96,105 | 60,173 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 3,863 | 4,565 | 2,440 | 4,756 | 5,462 | 3,609 | 1,753 | 1,936 | 3,689 | 4,185 | 3,343 | 1,156 | 1,939 | 3,095 | 2,630 |
| Operating Margin | 4.48% | 5.01% | 5.2% | 4.49% | 8.69% | - | 3.28% | 4.27% | 3.73% | 6.79% | 6.44% | 2.23% | 4.38% | 3.22% | 4.37% |
| Earnings before Tax (EBT) 1 | 3,250 | 4,884 | - | 5,125 | 6,919 | - | 2,365 | - | 4,574 | 3,957 | - | 2,215 | - | 4,985 | 2,593 |
| Net income 1 | 1,678 | 2,923 | - | 3,210 | 4,535 | - | 1,382 | - | 2,849 | 2,533 | - | 1,385 | - | 3,263 | 1,818 |
| Net margin | 1.95% | 3.21% | - | 3.03% | 7.22% | - | 2.59% | - | 2.88% | 4.11% | - | 2.67% | - | 3.4% | 3.02% |
| EPS 2 | 17.35 | 30.24 | - | 33.21 | 46.91 | - | 14.30 | - | 29.47 | 26.20 | - | 14.33 | - | 33.75 | 18.80 |
| Dividend per Share | 8.000 | 8.000 | - | 9.500 | - | - | - | - | 10.00 | - | - | - | - | 10.25 | - |
| Announcement Date | 31/10/19 | 30/10/20 | 29/10/21 | 29/10/21 | 31/01/22 | 13/05/22 | 29/07/22 | 31/10/22 | 31/10/22 | 31/01/23 | 12/05/23 | 31/07/23 | 31/10/23 | 31/10/23 | 31/01/24 |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: März | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 41,160 | 47,270 | 55,275 | 42,440 | 55,527 | 79,059 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.585 x | 3.103 x | 3.933 x | 2.152 x | 3.056 x | 5.018 x |
| Free Cash Flow 1 | -8,317 | -75.6 | -5,431 | 13,036 | -11,325 | -22,439 |
| ROE (net income / shareholders' equity) | 10.7% | 10.6% | 5.76% | 10.2% | 8.84% | 6.07% |
| ROA (Net income/ Total Assets) | 4.3% | 3.63% | 2.94% | 4.24% | 3.49% | 2.59% |
| Assets 1 | 2,24,804 | 2,84,571 | 1,99,063 | 2,60,326 | 2,92,286 | 2,86,039 |
| Book Value Per Share 2 | 950.0 | 1,029 | 1,054 | 1,165 | 1,223 | 1,298 |
| Cash Flow per Share 2 | 234.0 | 227.0 | 236.0 | 318.0 | 296.0 | 332.0 |
| Capex 1 | 14,910 | 6,141 | 9,438 | 7,827 | 15,800 | 28,179 |
| Capex / Sales | 9.22% | 3.46% | 5.24% | 3.79% | 7.18% | 13.27% |
| Announcement Date | 28/06/18 | 27/06/19 | 26/06/20 | 28/06/21 | 29/06/22 | 29/06/23 |
1JPY in Million2JPY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +1.13% | 386M | |
| +5.02% | 46.43B | |
| +41.51% | 40.95B | |
| +1.47% | 8.67B | |
| -16.80% | 7.91B | |
| +7.09% | 6.41B | |
| -15.71% | 6.26B | |
| +1.58% | 6.07B | |
| +15.78% | 5.63B | |
| -53.02% | 3.6B |
- Stock Market
- Equities
- 9997 Stock
- Financials Belluna Co., Ltd.
