Financials Dai-ichi Life Holdings, Inc. BOERSE MUENCHEN

Equities

QHH

JP3476480003

Life & Health Insurance

Market Closed - BOERSE MUENCHEN 01:13:59 22/06/2024 am IST 5-day change 1st Jan Change
23.8 EUR +1.71% Intraday chart for Dai-ichi Life Holdings, Inc. +0.85% +25.26%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 17,61,836 14,62,682 21,19,121 25,60,126 22,92,812 38,14,434 - -
Enterprise Value (EV) 1 28,24,036 25,98,018 11,34,750 34,30,509 15,80,337 46,17,034 47,49,431 47,49,431
P/E ratio 7.91 x 45.4 x 5.84 x 6.52 x 12.9 x 11.7 x 11.2 x 10.5 x
Yield 3.77% 4.79% 3.26% 3.32% 3.53% 2.93% 3.04% 3.48%
Capitalization / Revenue 0.25 x 0.21 x 0.27 x 0.31 x 0.24 x 0.33 x 0.38 x 0.37 x
EV / Revenue 0.39 x 0.37 x 0.14 x 0.42 x 0.17 x 0.42 x 0.47 x 0.46 x
EV / EBITDA - - - - - - - -
EV / FCF 17,60,586 x 51,56,404 x -70,68,022 x - -45,83,982 x 51,19,952 x - -
FCF Yield 0% 0% -0% - -0% 0% - -
Price to Book 0.47 x 0.39 x 0.44 x 0.58 x 0.83 x 0.94 x 0.94 x 0.97 x
Nbr of stocks (in thousands) 11,45,537 11,29,048 11,14,154 10,24,460 9,41,607 9,41,371 - -
Reference price 2 1,538 1,296 1,902 2,499 2,435 4,052 4,052 4,052
Announcement Date 15/05/19 15/05/20 14/05/21 12/05/22 15/05/23 15/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 71,84,000 71,14,099 78,27,800 82,09,708 95,19,445 1,10,28,166 1,00,38,976 1,02,49,209
EBITDA - - - - - - - -
EBIT 1 4,32,900 2,18,380 4,82,540 4,74,371 2,80,679 4,26,998 3,74,000 3,76,000
Operating Margin 6.03% 3.07% 6.16% 5.78% 2.95% 3.87% 3.73% 3.67%
Earnings before Tax (EBT) 1 3,19,300 1,01,264 4,82,500 4,74,371 2,80,679 4,26,998 4,41,271 4,77,751
Net income 1 2,25,000 32,433 3,63,700 4,09,353 1,92,301 3,20,765 3,33,843 3,51,451
Net margin 3.13% 0.46% 4.65% 4.99% 2.02% 2.91% 3.33% 3.43%
EPS 2 194.4 28.53 325.6 383.2 189.3 329.7 360.5 386.1
Free Cash Flow 16,04,032 5,03,843 -1,60,547 - -3,44,752 9,01,773 - -
FCF margin 22.33% 7.08% -2.05% - -3.62% 8.18% - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) 712.9% 1,553.49% - - - 281.13% - -
Dividend per Share 2 58.00 62.00 62.00 83.00 86.00 113.0 123.3 140.9
Announcement Date 15/05/19 15/05/20 14/05/21 12/05/22 15/05/23 15/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 Q2 2022 S1 2022 Q3 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3
Net sales 1 36,56,188 33,63,159 18,20,246 37,65,781 19,07,967 28,67,710 27,47,360 56,15,070 22,29,178 - 30,03,428 - 55,36,713 22,30,668
EBITDA - - - - - - - - - - - - - -
EBIT - - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - - -
Earnings before Tax (EBT) 1 1,41,245 1,13,015 - 2,34,334 1,47,465 1,19,155 - 1,51,767 52,802 - 89,733 - 2,11,474 83,792
Net income 1 91,794 83,329 40,064 1,78,474 1,14,433 81,112 27,093 1,08,205 36,259 47,837 67,323 90,131 1,57,454 60,491
Net margin 2.51% 2.48% 2.2% 4.74% 6% 2.83% 0.99% 1.93% 1.63% - 2.24% - 2.84% 2.71%
EPS 2 80.39 74.12 - 163.4 107.7 79.17 26.44 105.6 35.53 48.14 68.47 91.66 160.1 62.05
Dividend per Share 2 - - - - - - - - - 86.00 - - - -
Announcement Date 14/11/19 13/11/20 12/11/21 12/11/21 14/02/22 10/08/22 14/11/22 14/11/22 14/02/23 15/05/23 10/08/23 14/11/23 14/11/23 14/02/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 10,62,200 11,35,336 - 8,70,383 - 9,75,286 9,34,997 9,34,997
Net Cash position 1 - - 9,84,371 - 7,12,475 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 16,04,032 5,03,843 -1,60,547 - -3,44,752 9,01,773 - -
ROE (net income / shareholders' equity) 6% 0.9% 8.5% 8.9% 5.3% 9.8% 8.64% 9.72%
ROA (Net income/ Total Assets) 0.79% 0.38% 0.89% 0.91% 0.64% 0.83% 0.65% 0.45%
Assets 1 2,84,64,799 86,10,455 4,06,56,859 4,48,47,824 2,98,25,669 3,84,19,571 5,13,60,440 7,81,00,183
Book Value Per Share 2 3,241 3,344 4,329 4,303 2,922 4,107 4,306 4,171
Cash Flow per Share 250.0 82.00 388.0 463.0 288.0 422.0 - -
Capex 92,961 86,241 80,643 1,64,102 2,12,284 95,604 - -
Capex / Sales 1.29% 1.21% 1.03% 2% 2.23% 0.87% - -
Announcement Date 15/05/19 15/05/20 14/05/21 12/05/22 15/05/23 15/05/24 - -
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
11
Last Close Price
4,052 JPY
Average target price
4,135 JPY
Spread / Average Target
+2.06%
Consensus
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  5. Financials Dai-ichi Life Holdings, Inc.