Financials Eslead Corporation

Equities

8877

JP3688350002

Real Estate Development & Operations

Market Closed - Japan Exchange 11:30:00 15/05/2024 am IST 5-day change 1st Jan Change
4,120 JPY -1.90% Intraday chart for Eslead Corporation +20.29% +20.12%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 33,839 23,485 21,540 25,969 25,845 33,946
Enterprise Value (EV) 1 21,599 13,696 24,566 31,568 42,745 69,745
P/E ratio 7.86 x 5.25 x 4.25 x 5.76 x 4.76 x 5.52 x
Yield 1.37% 2.3% 2.87% 2.38% 2.39% 4.09%
Capitalization / Revenue 0.7 x 0.41 x 0.35 x 0.38 x 0.35 x 0.42 x
EV / Revenue 0.45 x 0.24 x 0.4 x 0.46 x 0.57 x 0.87 x
EV / EBITDA 3.13 x 1.87 x 3.02 x 4.33 x 4.75 x 7.05 x
EV / FCF 27 x -7.3 x -1.94 x -28.7 x -4.13 x -3.62 x
FCF Yield 3.71% -13.7% -51.5% -3.49% -24.2% -27.6%
Price to Book 0.87 x 0.55 x 0.46 x 0.51 x 0.46 x 0.56 x
Nbr of stocks (in thousands) 15,430 15,430 15,430 15,430 15,430 15,430
Reference price 2 2,193 1,522 1,396 1,683 1,675 2,200
Announcement Date 27/06/18 26/06/19 29/06/20 30/06/21 30/06/22 30/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 48,340 57,195 61,638 68,999 74,597 79,913
EBITDA 1 6,897 7,316 8,133 7,283 8,997 9,896
EBIT 1 6,753 7,170 7,949 7,019 8,660 9,481
Operating Margin 13.97% 12.54% 12.9% 10.17% 11.61% 11.86%
Earnings before Tax (EBT) 1 6,703 7,066 7,990 7,001 8,574 9,368
Net income 1 4,306 4,474 5,070 4,506 5,428 6,147
Net margin 8.91% 7.82% 8.23% 6.53% 7.28% 7.69%
EPS 2 279.1 290.0 328.6 292.0 351.8 398.4
Free Cash Flow 1 800.4 -1,875 -12,641 -1,101 -10,348 -19,248
FCF margin 1.66% -3.28% -20.51% -1.6% -13.87% -24.09%
FCF Conversion (EBITDA) 11.6% - - - - -
FCF Conversion (Net income) 18.59% - - - - -
Dividend per Share 2 30.00 35.00 40.00 40.00 40.00 90.00
Announcement Date 27/06/18 26/06/19 29/06/20 30/06/21 30/06/22 30/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 27,771 20,032 25,696 13,409 15,660 27,554 29,727 17,412 36,257 20,949
EBITDA - - - - - - - - - -
EBIT 1 3,797 1,568 2,197 1,036 1,727 2,274 5,364 3,630 5,872 2,564
Operating Margin 13.67% 7.83% 8.55% 7.73% 11.03% 8.25% 18.04% 20.85% 16.2% 12.24%
Earnings before Tax (EBT) 1 3,825 1,534 2,120 997 1,700 2,241 5,309 3,595 5,770 2,508
Net income 1 2,380 950 1,275 657 1,024 1,400 3,350 2,145 3,663 1,561
Net margin 8.57% 4.74% 4.96% 4.9% 6.54% 5.08% 11.27% 12.32% 10.1% 7.45%
EPS 2 154.3 61.57 82.68 42.57 66.38 90.79 217.1 139.1 237.4 101.2
Dividend per Share 20.00 20.00 20.00 - - 40.00 - - 60.00 -
Announcement Date 25/10/19 27/10/20 28/10/21 27/01/22 28/07/22 27/10/22 26/01/23 27/07/23 26/10/23 26/01/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 3,026 5,599 16,900 35,799
Net Cash position 1 12,240 9,789 - - - -
Leverage (Debt/EBITDA) - - 0.3721 x 0.7688 x 1.878 x 3.618 x
Free Cash Flow 1 800 -1,875 -12,641 -1,101 -10,348 -19,248
ROE (net income / shareholders' equity) 11.7% 11% 11.3% 9.16% 10.2% 10.5%
ROA (Net income/ Total Assets) 6.87% 6.84% 6.71% 4.73% 4.94% 4.74%
Assets 1 62,663 65,379 75,598 95,204 1,09,912 1,29,766
Book Value Per Share 2 2,516 2,769 3,059 3,314 3,610 3,951
Cash Flow per Share 2 1,753 1,576 1,274 2,064 1,797 1,721
Capex 1 10 45 1,284 777 490 2,954
Capex / Sales 0.02% 0.08% 2.08% 1.13% 0.66% 3.7%
Announcement Date 27/06/18 26/06/19 29/06/20 30/06/21 30/06/22 30/06/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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