Financials F&M Co.,Ltd.

Equities

4771

JP3166700009

Business Support Services

Market Closed - Japan Exchange 11:30:00 02/05/2024 am IST 5-day change 1st Jan Change
2,201 JPY -0.36% Intraday chart for F&M Co.,Ltd. +0.55% +10.44%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 18,559 16,917 15,159 22,270 23,859 28,645
Enterprise Value (EV) 1 15,211 12,785 11,701 18,788 19,470 23,736
P/E ratio 22.7 x 16.8 x 23 x 26.5 x 15.4 x 15.2 x
Yield 1.71% 2.05% 2.57% 1.82% 1.83% 1.73%
Capitalization / Revenue 2.9 x 2.38 x 2 x 2.73 x 2.19 x 2.26 x
EV / Revenue 2.38 x 1.8 x 1.55 x 2.3 x 1.79 x 1.87 x
EV / EBITDA 10.9 x 7.55 x 8.71 x 10.8 x 6.5 x 6.66 x
EV / FCF 35.6 x 11.4 x -45.2 x 43 x 15.3 x 24.4 x
FCF Yield 2.81% 8.74% -2.21% 2.33% 6.53% 4.1%
Price to Book 2.85 x 2.35 x 2.02 x 2.79 x 2.61 x 2.71 x
Nbr of stocks (in thousands) 14,398 14,422 14,437 14,498 14,593 14,593
Reference price 2 1,289 1,173 1,050 1,536 1,635 1,963
Announcement Date 28/06/18 27/06/19 26/06/20 28/06/21 29/06/22 29/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 6,394 7,119 7,563 8,164 10,875 12,699
EBITDA 1 1,393 1,694 1,344 1,745 2,997 3,566
EBIT 1 1,148 1,405 952 1,219 2,244 2,602
Operating Margin 17.95% 19.74% 12.59% 14.93% 20.63% 20.49%
Earnings before Tax (EBT) 1 1,162 1,418 961 1,233 2,258 2,620
Net income 1 822 1,010 664 843 1,548 1,881
Net margin 12.86% 14.19% 8.78% 10.33% 14.23% 14.81%
EPS 2 56.75 69.67 45.72 57.98 106.1 128.9
Free Cash Flow 1 426.9 1,117 -259 436.9 1,270 973.2
FCF margin 6.68% 15.69% -3.42% 5.35% 11.68% 7.66%
FCF Conversion (EBITDA) 30.64% 65.95% - 25.04% 42.39% 27.29%
FCF Conversion (Net income) 51.93% 110.61% - 51.82% 82.07% 51.74%
Dividend per Share 2 22.00 24.00 27.00 28.00 30.00 34.00
Announcement Date 28/06/18 27/06/19 26/06/20 28/06/21 29/06/22 29/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Maart 2020 S1 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 3,297 3,458 4,556 3,138 2,753 5,544 3,873 3,435 6,755 4,063
EBITDA - - - - - - - - - -
EBIT 1 196 446 745 810 484 899 999 578 938 704
Operating Margin 5.94% 12.9% 16.35% 25.81% 17.58% 16.22% 25.79% 16.83% 13.89% 17.33%
Earnings before Tax (EBT) 1 201 453 755 812 491 910 1,002 583 947 796
Net income 1 133 309 493 536 308 599 667 373 634 526
Net margin 4.03% 8.94% 10.82% 17.08% 11.19% 10.8% 17.22% 10.86% 9.39% 12.95%
EPS 2 9.280 21.45 33.92 36.78 21.16 41.07 45.72 25.57 43.46 36.07
Dividend per Share 13.00 14.00 15.00 - - 17.00 - - 19.00 -
Announcement Date 31/10/19 30/10/20 29/10/21 31/01/22 29/07/22 31/10/22 31/01/23 31/07/23 31/10/23 31/01/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 3,348 4,132 3,458 3,482 4,389 4,909
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 427 1,117 -259 437 1,271 973
ROE (net income / shareholders' equity) 13.2% 14.7% 9.04% 10.9% 18.1% 19.1%
ROA (Net income/ Total Assets) 9.4% 10.4% 6.67% 8.16% 12.9% 12.7%
Assets 1 8,744 9,715 9,958 10,329 12,028 14,796
Book Value Per Share 2 452.0 499.0 519.0 550.0 626.0 724.0
Cash Flow per Share 2 238.0 295.0 245.0 242.0 294.0 336.0
Capex 1 399 101 144 136 178 179
Capex / Sales 6.24% 1.42% 1.9% 1.67% 1.64% 1.41%
Announcement Date 28/06/18 27/06/19 26/06/20 28/06/21 29/06/22 29/06/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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