Financials Innotech Corporation

Equities

9880

JP3147800001

IT Services & Consulting

Delayed Japan Exchange 06:49:42 17/07/2024 am IST 5-day change 1st Jan Change
1,767 JPY +0.68% Intraday chart for Innotech Corporation +1.67% +5.12%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Capitalization 1 14,172 9,203 16,889 18,142 18,174 27,240
Enterprise Value (EV) 1 13,559 9,798 19,807 20,080 20,719 29,783
P/E ratio 10.8 x 11.1 x 11.6 x 8.48 x 11.2 x 18.5 x
Yield 4.15% 4.65% 3.77% 4.7% 5.06% -
Capitalization / Revenue 0.48 x 0.3 x 0.52 x 0.49 x 0.47 x 0.66 x
EV / Revenue 0.45 x 0.31 x 0.61 x 0.54 x 0.54 x 0.72 x
EV / EBITDA 4.63 x 3.42 x 6.2 x 5.18 x 5.53 x 7.46 x
EV / FCF 977 x 6.85 x -87.7 x 23.8 x -42.3 x 34.9 x
FCF Yield 0.1% 14.6% -1.14% 4.19% -2.36% 2.87%
Price to Book 0.67 x 0.55 x 0.83 x 0.81 x 0.77 x 1.1 x
Nbr of stocks (in thousands) 14,686 10,701 12,717 13,108 13,141 13,458
Reference price 2 965.0 860.0 1,328 1,384 1,383 2,024
Announcement Date 21/06/19 24/06/20 24/06/21 27/06/22 23/06/23 25/06/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net sales 1 29,804 31,161 32,536 37,238 38,629 41,358
EBITDA 1 2,930 2,862 3,197 3,874 3,748 3,992
EBIT 1 1,955 1,670 1,954 2,586 2,319 2,474
Operating Margin 6.56% 5.36% 6.01% 6.94% 6% 5.98%
Earnings before Tax (EBT) 1 2,255 1,894 2,456 2,975 2,481 2,348
Net income 1 1,493 1,168 1,534 2,194 1,666 1,477
Net margin 5.01% 3.75% 4.71% 5.89% 4.31% 3.57%
EPS 2 89.48 77.26 114.5 163.2 123.7 109.5
Free Cash Flow 1 13.88 1,431 -225.8 842.2 -489.6 853.9
FCF margin 0.05% 4.59% -0.69% 2.26% -1.27% 2.06%
FCF Conversion (EBITDA) 0.47% 49.99% - 21.74% - 21.39%
FCF Conversion (Net income) 0.93% 122.5% - 38.39% - 57.81%
Dividend per Share 2 40.00 40.00 50.00 65.00 70.00 -
Announcement Date 21/06/19 24/06/20 24/06/21 27/06/22 23/06/23 25/06/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Maart 2021 S1 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 14,935 18,863 9,091 9,284 9,037 10,726 19,763 8,359 8,689 19,471 10,854
EBITDA - - - - - - - - - - -
EBIT 1 456 1,681 630 274 343.3 917.7 1,261 169 101 854 985
Operating Margin 3.05% 8.91% 6.93% 2.95% 3.8% 8.56% 6.38% 2.02% 1.16% 4.39% 9.07%
Earnings before Tax (EBT) 1 599 1,960 685 331 550.7 977.3 1,528 136 325 1,208 415
Net income 1 290 1,406 543 245 266 657 923.2 67 189 833 161
Net margin 1.94% 7.45% 5.97% 2.64% 2.94% 6.13% 4.67% 0.8% 2.18% 4.28% 1.48%
EPS 2 22.89 108.9 41.32 - 20.29 - 70.39 5.090 14.45 62.75 11.84
Dividend per Share 20.00 30.00 - - - - 35.00 - - 35.00 -
Announcement Date 09/11/20 09/11/21 08/02/22 12/05/22 09/08/22 10/11/22 10/11/22 09/02/23 09/08/23 09/11/23 09/02/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024
Net Debt 1 - 595 2,918 1,938 2,545 2,543
Net Cash position 1 613 - - - - -
Leverage (Debt/EBITDA) - 0.2079 x 0.9127 x 0.5003 x 0.679 x 0.637 x
Free Cash Flow 1 13.9 1,431 -226 842 -490 854
ROE (net income / shareholders' equity) 6.72% 6.11% 7.84% 10.3% 7.18% 6.14%
ROA (Net income/ Total Assets) 3.73% 3.08% 3.36% 4.13% 3.44% 3.38%
Assets 1 39,982 37,963 45,626 53,091 48,375 43,684
Book Value Per Share 2 1,449 1,550 1,600 1,704 1,806 1,837
Cash Flow per Share 2 306.0 499.0 442.0 508.0 502.0 660.0
Capex 1 611 679 662 639 1,076 705
Capex / Sales 2.05% 2.18% 2.03% 1.72% 2.79% 1.7%
Announcement Date 21/06/19 24/06/20 24/06/21 27/06/22 23/06/23 25/06/24
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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