Financials COLOPL, Inc.

Equities

3668

JP3305960001

Internet Services

Market Closed - Japan Exchange Other stock markets 11:30:00 02/05/2024 am IST			5-day change	1st Jan Change
608 ^JPY	-1.30%		+2.53%	+2.88%

22/03	COLOPL Partners South Korean-based Caliverse to Co-establish Metaverse Economic Zone	MT
21/03	COLOPL, Inc. Enters Basic Agreement with CALIVERSE Inc. for Co-Creation of Metaverse Economic Zone	CI

Valuation

Fiscal Period: Septiembre	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	2,27,351	1,14,791	1,03,030	87,180	75,683	78,047	-	-
Enterprise Value (EV) ¹	1,71,878	49,782	44,159	26,850	17,723	78,047	78,047	78,047
P/E ratio	212 x	14.4 x	33.8 x	36.1 x	40 x	156 x	108 x	83.9 x
Yield	0.95%	2.78%	2.48%	2.94%	3.39%	3.29%	3.29%	3.29%
Capitalization / Revenue	5.84 x	2.54 x	2.78 x	2.68 x	2.45 x	3 x	3.22 x	3.38 x
EV / Revenue	5.84 x	2.54 x	2.78 x	2.68 x	2.45 x	3 x	3.22 x	3.38 x
EV / EBITDA	64.8 x	8.9 x	15.1 x	18.7 x	23.7 x	27.3 x	39.4 x	30.8 x
EV / FCF	-1,476 x	9.28 x	28.5 x	28.6 x	74.2 x	21.9 x	52.7 x	43.6 x
FCF Yield	-0.07%	10.8%	3.51%	3.49%	1.35%	4.57%	1.9%	2.3%
Price to Book	3.27 x	1.51 x	1.36 x	1.14 x	0.99 x	1.04 x	1.07 x	1.09 x
Nbr of stocks (in thousands)	1,27,511	1,27,829	1,27,988	1,28,205	1,28,276	1,28,366	-	-
Reference price ²	1,783	898.0	805.0	680.0	590.0	608.0	608.0	608.0
Announcement Date	06/11/19	04/11/20	05/11/21	09/11/22	08/11/23	-	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Septiembre	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	38,920	45,128	37,125	32,541	30,926	26,000	24,275	23,065
EBITDA ¹	3,511	12,899	6,835	4,661	3,193	2,863	1,983	2,536
EBIT ¹	2,952	12,250	6,320	4,310	2,858	1,000	1,010	1,320
Operating Margin	7.58%	27.15%	17.02%	13.24%	9.24%	3.85%	4.16%	5.72%
Earnings before Tax (EBT)	1,318	10,938	4,251	5,732	3,276	-	-	-
Net income ¹	1,070	7,977	3,047	2,414	1,893	500	723	930
Net margin	2.75%	17.68%	8.21%	7.42%	6.12%	1.92%	2.98%	4.03%
EPS ²	8.400	62.45	23.82	18.84	14.76	3.900	5.650	7.250
Free Cash Flow ¹	-154	12,370	3,614	3,044	1,020	3,566	1,482	1,792
FCF margin	-0.4%	27.41%	9.73%	9.35%	3.3%	13.72%	6.11%	7.77%
FCF Conversion (EBITDA)	-	95.9%	52.87%	65.31%	31.94%	124.55%	74.74%	70.66%
FCF Conversion (Net income)	-	155.07%	118.61%	126.1%	53.88%	713.2%	204.98%	192.69%
Dividend per Share ²	17.00	25.00	20.00	20.00	20.00	20.00	20.00	20.00
Announcement Date	06/11/19	04/11/20	05/11/21	09/11/22	08/11/23	-	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Septiembre	2020 S1	2021 S1	2021 Q4	2022 Q1	2022 Q2	2022 S1	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 S1	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	22,354	19,325	9,705	7,406	8,259	15,665	7,414	9,462	7,108	8,789	15,897	6,586	8,443	5,629	7,558	5,412	7,401
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	7,422	4,135	1,065	758	1,411	2,169	779	1,362	11	1,933	1,944	36	878	-414	1,102	-331	643
Operating Margin	33.2%	21.4%	10.97%	10.23%	17.08%	13.85%	10.51%	14.39%	0.15%	21.99%	12.23%	0.55%	10.4%	-7.35%	14.58%	-6.12%	8.69%
Earnings before Tax (EBT)	7,406	5,523	-	1,091	-	2,696	1,365	-	-442	-	1,607	515	-	-461	-	-	-
Net income ¹	5,296	4,010	494	677	1,126	1,803	971	-360	-413	1,345	932	312	649	-519	748	-225	496
Net margin	23.69%	20.75%	5.09%	9.14%	13.63%	11.51%	13.1%	-3.8%	-5.81%	15.3%	5.86%	4.74%	7.69%	-9.22%	9.9%	-4.16%	6.7%
EPS	41.49	31.35	-	5.290	-	14.08	7.570	-	-3.230	-	7.270	2.430	-	-4.050	-	-	-
Dividend per Share	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	14/05/20	07/05/21	05/11/21	09/02/22	11/05/22	11/05/22	03/08/22	09/11/22	08/02/23	10/05/23	10/05/23	02/08/23	08/11/23	07/02/24	-	-	-

¹JPY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: Septiembre	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	55,473	65,009	58,871	60,330	57,960	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	-154	12,370	3,614	3,044	1,020	3,566	1,482	1,792
ROE (net income / shareholders' equity)	1.5%	11%	4%	3.2%	2.5%	0.7%	0.95%	1.25%
ROA (Net income/ Total Assets)	2.18%	14.7%	9.41%	6.99%	3.97%	1.8%	1.3%	2%
Assets ¹	49,131	54,321	32,371	34,554	47,664	27,778	55,615	46,500
Book Value Per Share ²	545.0	593.0	592.0	597.0	594.0	582.0	571.0	560.0
Cash Flow per Share ²	10.50	66.40	27.80	21.60	17.40	7.000	7.000	7.000
Capex ¹	240	101	189	1,201	132	820	900	1,000
Capex / Sales	0.62%	0.22%	0.51%	3.69%	0.43%	3.15%	3.71%	4.34%
Announcement Date	06/11/19	04/11/20	05/11/21	09/11/22	08/11/23	-	-	-

¹JPY in Million²JPY

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for COLOPL, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

608 JPY

Average target price

590 JPY

Spread / Average Target

-2.96%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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