Financials Comture Corporation

Equities

3844

JP3305560009

IT Services & Consulting

Market Closed - Japan Exchange 11:30:00 28/06/2024 am IST 5-day change 1st Jan Change
1,825 JPY +0.66% Intraday chart for Comture Corporation +4.35% -1.30%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 70,120 85,103 98,817 66,073 64,503 57,807 - -
Enterprise Value (EV) 1 61,636 77,422 87,752 56,571 52,580 44,487 42,877 41,037
P/E ratio 35.4 x 40.8 x 39.3 x 24.5 x 20.6 x 16.8 x 14.5 x 12.8 x
Yield 1.32% 1.16% 1.19% 2.12% 2.27% 2.73% 3.03% 3.39%
Capitalization / Revenue 3.35 x 4.08 x 3.96 x 2.27 x 1.89 x 1.51 x 1.35 x 1.22 x
EV / Revenue 2.94 x 3.71 x 3.51 x 1.95 x 1.54 x 1.16 x 1 x 0.87 x
EV / EBITDA - 2,29,55,873 x 2,03,45,930 x 1,27,93,164 x - - - -
EV / FCF 47.7 x 453 x 20 x 31.6 x 15.5 x 14.5 x 12.3 x 10.4 x
FCF Yield 2.1% 0.22% 5.01% 3.16% 6.44% 6.9% 8.14% 9.58%
Price to Book 6.26 x 6.89 x 7.15 x 4.38 x 3.84 x 3.1 x 2.78 x 2.5 x
Nbr of stocks (in thousands) 31,873 31,874 31,876 31,873 31,885 31,885 - -
Reference price 2 2,200 2,670 3,100 2,073 2,023 1,813 1,813 1,813
Announcement Date 15/05/20 10/05/21 09/05/22 12/05/23 10/05/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 20,932 20,868 24,985 29,056 34,185 38,200 42,800 47,350
EBITDA - 3,373 4,313 4,422 - - - -
EBIT 1 2,833 3,150 3,996 4,065 4,600 5,255 6,045 6,755
Operating Margin 13.53% 15.09% 15.99% 13.99% 13.46% 13.76% 14.12% 14.27%
Earnings before Tax (EBT) 2,883 3,108 3,786 3,865 4,553 - - -
Net income 1 1,974 2,083 2,517 2,695 3,135 3,450 4,000 4,500
Net margin 9.43% 9.98% 10.07% 9.28% 9.17% 9.03% 9.35% 9.5%
EPS 2 62.17 65.38 78.97 84.56 98.35 108.2 125.4 141.2
Free Cash Flow 1 1,293 171 4,396 1,789 3,384 3,070 3,490 3,930
FCF margin 6.18% 0.82% 17.59% 6.16% 9.9% 8.04% 8.15% 8.3%
FCF Conversion (EBITDA) - 5.07% 101.92% 40.46% - - - -
FCF Conversion (Net income) 65.5% 8.21% 174.65% 66.38% 107.94% 88.99% 87.25% 87.33%
Dividend per Share 2 29.00 31.00 37.00 44.00 46.00 49.50 55.00 61.50
Announcement Date 15/05/20 10/05/21 09/05/22 12/05/23 10/05/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 S1 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 10,071 11,995 6,244 6,746 6,855 7,190 14,045 7,320 7,691 8,098 8,663 16,761 8,549 8,875 9,050 9,475 9,625 10,200
EBITDA - - - - - - - - - - - - - - - - - -
EBIT 1 1,336 1,961 1,092 943 686 1,047 1,733 1,150 1,182 860 1,090 1,950 1,312 1,338 965 1,275 1,490 1,550
Operating Margin 13.27% 16.35% 17.49% 13.98% 10.01% 14.56% 12.34% 15.71% 15.37% 10.62% 12.58% 11.63% 15.35% 15.08% 10.66% 13.46% 15.48% 15.2%
Earnings before Tax (EBT) 1,373 1,853 1,057 - 767 1,057 1,824 1,129 - 867 - 1,951 1,315 - - - - -
Net income 1 920 1,220 705 592 478 708 1,186 759 750 558 693 1,251 862 1,022 650 805 970 1,050
Net margin 9.14% 10.17% 11.29% 8.78% 6.97% 9.85% 8.44% 10.37% 9.75% 6.89% 8% 7.46% 10.08% 11.52% 7.18% 8.5% 10.08% 10.29%
EPS 28.88 38.29 22.12 18.56 15.02 - 37.21 23.81 - 17.52 - 39.26 27.04 - - - - -
Dividend per Share 15.50 16.50 9.250 - 11.00 - 22.00 11.00 - 11.50 - 23.00 11.50 - - - - -
Announcement Date 30/10/20 29/10/21 31/01/22 09/05/22 29/07/22 31/10/22 31/10/22 31/01/23 12/05/23 31/07/23 30/10/23 30/10/23 31/01/24 10/05/24 - - - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 - - - - - - - -
Net Cash position 1 8,484 7,681 11,065 9,502 11,923 13,320 14,930 16,770
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 1,293 171 4,396 1,789 3,384 3,070 3,490 3,930
ROE (net income / shareholders' equity) 19.5% 17.7% 19.2% 18.6% 19.7% 19.8% 20.7% -
ROA (Net income/ Total Assets) 20.7% 20.4% 22.6% 20% 20.3% - - -
Assets 1 9,556 10,198 11,143 13,476 15,406 - - -
Book Value Per Share 2 351.0 388.0 434.0 474.0 527.0 585.0 651.0 726.0
Cash Flow per Share 66.10 69.80 84.10 89.30 103.0 - - -
Capex 1 442 285 36 158 40 160 160 160
Capex / Sales 2.11% 1.37% 0.14% 0.54% 0.12% 0.42% 0.37% 0.34%
Announcement Date 15/05/20 10/05/21 09/05/22 12/05/23 10/05/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
1,813 JPY
Average target price
2,350 JPY
Spread / Average Target
+29.62%
Consensus
  1. Stock Market
  2. Equities
  3. 3844 Stock
  4. Financials Comture Corporation