Financials IBJ, Inc.

Equities

6071

JP3104960004

Personal Services

Market Closed - Japan Exchange 11:30:00 26/04/2024 am IST 5-day change 1st Jan Change
544 JPY +0.93% Intraday chart for IBJ, Inc. +5.02% -23.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 49,715 31,342 36,281 39,431 27,650 20,558 - -
Enterprise Value (EV) 1 48,095 30,403 35,463 38,785 29,589 20,558 20,558 20,558
P/E ratio 32.3 x 45.7 x 34.4 x 26.4 x 17.4 x 13.4 x 12.5 x 11.6 x
Yield 0.72% 0.77% 0.66% 0.61% 0.85% 1.1% 1.14% 1.3%
Capitalization / Revenue 3.25 x 2.4 x 2.58 x 2.68 x 1.57 x 1.14 x 1.07 x 1.01 x
EV / Revenue 3.25 x 2.4 x 2.58 x 2.68 x 1.57 x 1.14 x 1.07 x 1.01 x
EV / EBITDA 17.9 x - - - 9.47 x 6.59 x 5.96 x 5.54 x
EV / FCF 22 x 58.5 x 211 x - 27.2 x 10.6 x 12 x 11.1 x
FCF Yield 4.54% 1.71% 0.47% - 3.67% 9.41% 8.32% 9%
Price to Book 10.1 x 5.96 x 5.88 x 5.21 x 3.7 x - - -
Nbr of stocks (in thousands) 40,028 40,028 40,045 40,236 38,944 37,790 - -
Reference price 2 1,242 783.0 906.0 980.0 710.0 544.0 544.0 544.0
Announcement Date 14/02/20 10/02/21 09/02/22 10/02/23 09/02/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 15,282 13,072 14,081 14,716 17,649 18,040 19,150 20,310
EBITDA 1 2,784 - - - 2,919 3,120 3,450 3,710
EBIT 1 2,339 1,620 1,516 1,993 2,231 2,330 2,570 2,770
Operating Margin 15.31% 12.39% 10.77% 13.54% 12.64% 12.92% 13.42% 13.64%
Earnings before Tax (EBT) 1 2,342 1,316 1,413 2,013 2,362 2,420 2,700 2,900
Net income 1 1,523 686 1,054 1,493 1,629 1,595 1,720 1,850
Net margin 9.97% 5.25% 7.49% 10.15% 9.23% 8.84% 8.98% 9.11%
EPS 2 38.49 17.15 26.33 37.17 40.84 40.58 43.68 46.96
Free Cash Flow 1 2,259 536 171.9 - 1,015 1,935 1,710 1,850
FCF margin 14.78% 4.1% 1.22% - 5.75% 10.73% 8.93% 9.11%
FCF Conversion (EBITDA) 81.14% - - - 34.79% 62.02% 49.58% 49.88%
FCF Conversion (Net income) 148.33% 78.13% 16.31% - 62.32% 121.32% 99.45% 100.03%
Dividend per Share 2 9.000 6.000 6.000 6.000 6.000 6.000 6.200 7.050
Announcement Date 14/02/20 10/02/21 09/02/22 10/02/23 09/02/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 6,132 6,755 3,620 3,706 3,648 3,718 7,366 3,691 3,659 3,864 3,861 7,725 5,830 4,094 4,255 4,280 4,340 4,325
EBITDA - - - - - - - - - - - - - - - - - -
EBIT 1 764 684 384 448 424 507 931 638 424 534 430 964 776.4 489.8 605 520 630 545
Operating Margin 12.46% 10.13% 10.61% 12.09% 11.62% 13.64% 12.64% 17.29% 11.59% 13.82% 11.14% 12.48% 13.32% 11.96% 14.22% 12.15% 14.52% 12.6%
Earnings before Tax (EBT) 446 645 413 - 421 - 975 644 - 615 - 1,289 883 - - - - -
Net income 1 212 367 269 418 361 382 743 425 325 365 440 805 571.5 252.1 395 340 410 355
Net margin 3.46% 5.43% 7.43% 11.28% 9.9% 10.27% 10.09% 11.51% 8.88% 9.45% 11.4% 10.42% 9.8% 6.16% 9.28% 7.94% 9.45% 8.21%
EPS 5.300 9.180 6.710 - 9.020 - 18.52 10.59 - 9.090 - 19.97 14.24 - - - - -
Dividend per Share - - - - - - - - - - - - - - - - - -
Announcement Date 12/08/20 10/08/21 12/11/21 09/02/22 10/05/22 10/08/22 10/08/22 10/11/22 10/02/23 12/05/23 10/08/23 10/08/23 10/11/23 09/02/24 - - - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - 1,939 - - -
Net Cash position 1,620 939 818 646 - - - -
Leverage (Debt/EBITDA) - - - - 0.6643 x - - -
Free Cash Flow 1 2,259 536 172 - 1,015 1,935 1,711 1,851
ROE (net income / shareholders' equity) 36% 13.5% 18.4% 21.7% 21.7% 19.5% 19% 19.7%
ROA (Net income/ Total Assets) 24.9% 12.1% 10.5% 15.1% 14.4% 12% 12.9% 13.1%
Assets 1 6,119 5,688 10,053 9,876 11,354 13,292 13,385 14,176
Book Value Per Share 123.0 131.0 154.0 188.0 192.0 - - -
Cash Flow per Share 2 44.30 23.30 34.60 46.20 51.40 56.70 59.30 62.40
Capex 1 201 506 883 924 2,502 845 885 920
Capex / Sales 1.32% 3.87% 6.27% 6.28% 14.18% 4.68% 4.62% 4.53%
Announcement Date 14/02/20 10/02/21 09/02/22 10/02/23 09/02/24 - - -
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
BUY
Number of Analysts
1
Last Close Price
544 JPY
Average target price
600 JPY
Spread / Average Target
+10.29%
Consensus