Financials Daiho Corporation

Equities

1822

JP3498600000

Construction & Engineering

Market Closed - Japan Exchange 11:30:00 15/05/2024 am IST 5-day change 1st Jan Change
3,345 JPY -3.60% Intraday chart for Daiho Corporation +2.14% -9.96%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 55,475 37,927 68,814 77,170 64,781 58,794 - -
Enterprise Value (EV) 1 21,788 12,633 54,897 64,953 43,683 60,024 58,794 58,794
P/E ratio 9.06 x 5.72 x 10.7 x 13.1 x 22.2 x -29 x 21 x 16.3 x
Yield 2.32% 4.42% 2.84% 5.36% 6.25% 0.79% 2.39% 2.99%
Capitalization / Revenue 0.37 x 0.23 x 0.43 x 0.49 x 0.42 x 0.37 x 0.36 x 0.35 x
EV / Revenue 0.37 x 0.23 x 0.43 x 0.49 x 0.42 x 0.37 x 0.36 x 0.35 x
EV / EBITDA - - - - - - - -
EV / FCF -1,73,08,965 x -56,75,095 x -59,18,459 x 2,30,91,068 x 58,67,839 x - - -
FCF Yield -0% -0% -0% 0% 0% - - -
Price to Book 0.9 x 0.59 x 0.95 x 1.08 x 0.9 x 0.89 x - -
Nbr of stocks (in thousands) 17,148 16,752 17,758 17,035 17,604 17,577 - -
Reference price 2 3,235 2,264 3,875 4,530 3,680 3,345 3,345 3,345
Announcement Date 14/05/19 13/05/20 13/05/21 13/05/22 12/05/23 13/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,50,777 1,62,811 1,61,697 1,56,520 1,56,050 1,63,222 1,63,000 1,69,000
EBITDA - - - - - - - -
EBIT 1 9,166 8,511 9,066 8,857 5,064 466 4,000 5,200
Operating Margin 6.08% 5.23% 5.61% 5.66% 3.25% 0.29% 2.45% 3.08%
Earnings before Tax (EBT) 1 8,998 9,461 9,513 9,395 5,207 -799 4,300 5,500
Net income 1 6,141 6,647 6,262 5,987 2,914 -2,072 2,800 3,600
Net margin 4.07% 4.08% 3.87% 3.83% 1.87% -1.27% 1.72% 2.13%
EPS 2 357.1 395.6 362.2 346.3 165.5 -117.7 159.3 204.8
Free Cash Flow -3,205 -6,683 -11,627 3,342 11,040 - - -
FCF margin -2.13% -4.1% -7.19% 2.14% 7.07% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - 55.82% 378.86% - - -
Dividend per Share 2 75.00 100.0 110.0 243.0 230.0 27.00 80.00 100.0
Announcement Date 14/05/19 13/05/20 13/05/21 13/05/22 12/05/23 13/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2021 S2 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 1 72,354 90,457 74,993 86,704 37,178 68,053 38,422 50,045 88,467 35,364 69,843 39,340 46,867 86,207 35,683 40,582 76,265 40,683 46,274 86,957
EBITDA - - - - - - - - - - - - - - - - - - - -
EBIT 1 3,019 5,492 2,508 6,558 1,103 1,867 2,326 4,664 6,990 1,545 2,262 -27 2,829 2,802 441 470 911 -767 322 -445
Operating Margin 4.17% 6.07% 3.34% 7.56% 2.97% 2.74% 6.05% 9.32% 7.9% 4.37% 3.24% -0.07% 6.04% 3.25% 1.24% 1.16% 1.19% -1.89% 0.7% -0.51%
Earnings before Tax (EBT) 2,891 6,570 2,449 7,064 1,285 2,064 2,609 4,722 7,331 2,255 2,537 -275 2,945 2,670 1,117 -396 721 -1,226 - -
Net income 1 1,867 4,780 1,591 4,671 814 1,260 1,732 2,995 4,727 1,303 1,475 -407 1,846 1,439 670 -662 8 -1,028 -1,052 -2,080
Net margin 2.58% 5.28% 2.12% 5.39% 2.19% 1.85% 4.51% 5.98% 5.34% 3.68% 2.11% -1.03% 3.94% 1.67% 1.88% -1.63% 0.01% -2.53% -2.27% -2.39%
EPS 110.9 - 95.01 - - 72.27 100.5 - - 73.89 83.80 -23.08 - - 38.01 - 0.4900 -58.42 - -
Dividend per Share - - - - - - - - - - - - - - - - - - - -
Announcement Date 14/11/19 13/05/20 11/11/20 13/05/21 11/11/21 11/11/21 10/02/22 13/05/22 13/05/22 10/08/22 11/11/22 10/02/23 12/05/23 12/05/23 10/08/23 10/11/23 10/11/23 09/02/24 13/05/24 13/05/24
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 33,687 25,294 13,917 12,217 21,098 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow -3,205 -6,683 -11,627 3,342 11,040 - - -
ROE (net income / shareholders' equity) 10.4% 10.6% 9.1% 8.2% 4% -3% - -
ROA (Net income/ Total Assets) 6.38% 5.74% 5.83% 5.47% 2.97% 0.75% - -
Assets 1 96,232 1,15,894 1,07,387 1,09,419 98,012 -2,76,024 - -
Book Value Per Share 3,579 3,826 4,062 4,205 4,083 3,839 - -
Cash Flow per Share 397.0 436.0 422.0 429.0 223.0 -70.50 - -
Capex 1 2,233 1,418 7,270 2,195 1,816 1,200 1,500 1,500
Capex / Sales 1.48% 0.87% 4.5% 1.4% 1.16% 0.75% 0.92% 0.89%
Announcement Date 14/05/19 13/05/20 13/05/21 13/05/22 12/05/23 13/05/24 - -
1JPY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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