Financials IRRC Corporation

Equities

7325

JP3105230001

Multiline Insurance & Brokers

Delayed Japan Exchange 07:00:47 07/05/2024 am IST 5-day change 1st Jan Change
720 JPY +0.42% Intraday chart for IRRC Corporation -0.83% +11.46%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 13,560 8,632 8,375 7,128 6,508 5,906 - -
Enterprise Value (EV) 1 10,885 8,632 6,304 4,895 4,908 5,906 5,906 5,906
P/E ratio 38.8 x 26.7 x 35.9 x 27.8 x 408 x 33.5 x 19.8 x 12.3 x
Yield 1.26% 1.19% 1.22% 1.44% 1.99% 2.09% 2.09% 2.09%
Capitalization / Revenue 3.5 x 2.07 x 1.81 x 1.37 x 1.08 x 0.74 x 0.64 x 0.57 x
EV / Revenue 3.5 x 2.07 x 1.81 x 1.37 x 1.08 x 0.74 x 0.64 x 0.57 x
EV / EBITDA - - - - - - - -
EV / FCF 2,64,85,166 x -4,42,65,437 x - - -7,56,71,463 x - - -
FCF Yield 0% -0% - - -0% - - -
Price to Book 4.06 x 2.47 x 2.31 x 1.88 x 1.78 x - - -
Nbr of stocks (in thousands) 8,518 8,538 8,538 8,568 8,620 8,237 - -
Reference price 2 1,592 1,011 981.0 832.0 755.0 717.0 717.0 717.0
Announcement Date 14/08/19 14/08/20 13/08/21 12/08/22 14/08/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,870 4,169 4,638 5,199 6,004 8,000 9,200 10,400
EBITDA - - - - - - - -
EBIT 1 563 479 365 418 187 370 600 800
Operating Margin 14.55% 11.49% 7.87% 8.04% 3.11% 4.62% 6.52% 7.69%
Earnings before Tax (EBT) 533 484 360 403 114 - - -
Net income 1 327 323 233 255 16 179 300 480
Net margin 8.45% 7.75% 5.02% 4.9% 0.27% 2.24% 3.26% 4.62%
EPS 2 41.01 37.86 27.33 29.94 1.850 21.40 36.30 58.10
Free Cash Flow 512 -195 - - -86 - - -
FCF margin 13.23% -4.68% - - -1.43% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) 156.57% - - - - - - -
Dividend per Share 2 20.00 12.00 12.00 12.00 15.00 15.00 15.00 15.00
Announcement Date 14/08/19 14/08/20 13/08/21 12/08/22 14/08/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2021 S1 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 S1 2024 Q3 2024 Q4
Net sales 2,056 2,163 1,256 1,282 2,538 1,301 1,360 1,299 1,589 2,888 1,471 1,645 1,529 2,048 3,577 - -
EBITDA - - - - - - - - - - - - - - - - -
EBIT 1 250 80 89 91 180 117 121 80 57 137 -7 57 38 165 203 91 121
Operating Margin 12.16% 3.7% 7.09% 7.1% 7.09% 8.99% 8.9% 6.16% 3.59% 4.74% -0.48% 3.47% 2.49% 8.06% 5.68% - -
Earnings before Tax (EBT) 250 80 92 - 187 120 - 83 - 143 -50 - 34 - 201 - -
Net income 1 153 35 55 56 111 71 73 46 28 74 -73 15 14 96 110 31 38
Net margin 7.44% 1.62% 4.38% 4.37% 4.37% 5.46% 5.37% 3.54% 1.76% 2.56% -4.96% 0.91% 0.92% 4.69% 3.08% - -
EPS 18.01 4.140 6.440 - 13.02 8.370 - 5.360 - 8.610 -8.410 - 1.700 - 13.19 - -
Dividend per Share - - - - - - - - - - - - - - - - -
Announcement Date 14/02/20 12/02/21 12/11/21 14/02/22 14/02/22 13/05/22 12/08/22 14/11/22 14/02/23 14/02/23 15/05/23 14/08/23 14/11/23 14/02/24 14/02/24 - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 2,675 - 2,071 2,233 1,600 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 512 -195 - - -86 - - -
ROE (net income / shareholders' equity) 12.9% 9.4% 6.5% 6.9% 0.4% 4.6% 6.9% 9.7%
ROA (Net income/ Total Assets) 17.7% 12.2% 9.06% 9.75% 4.28% - - -
Assets 1 1,846 2,649 2,571 2,615 374.3 - - -
Book Value Per Share 392.0 410.0 425.0 444.0 424.0 - - -
Cash Flow per Share 2 57.70 57.20 50.10 56.30 31.50 51.40 66.60 88.40
Capex 1 200 58 309 266 294 302 302 302
Capex / Sales 5.17% 1.39% 6.66% 5.12% 4.9% 3.78% 3.28% 2.9%
Announcement Date 14/08/19 14/08/20 13/08/21 12/08/22 14/08/23 - - -
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

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