Financials JAPAN POST BANK Co., Ltd. Börse Stuttgart

Equities

5JP

JP3946750001

Banks

Real-time Estimate Tradegate Other stock markets 05:40:56 05/07/2024 pm IST			5-day change	1st Jan Change
9.05 ^EUR	+0.56%		+4.05%	-0.55%

27/06	Frontier Capital Inc. announced that it expects to receive ¥5 billion in funding from a group of investors	CI
20/06	Japan Post Bank to expand JGB investment in light of BOJ taper plan	RE

Valuation

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	45,32,289	37,37,546	39,88,674	36,91,869	39,94,661	57,51,491	-	-
Enterprise Value (EV) ¹	45,32,289	37,37,546	39,88,674	36,91,869	39,94,661	58,79,864	57,51,491	57,51,491
P/E ratio	17 x	13.7 x	14.2 x	10.4 x	12.5 x	16.5 x	15.7 x	14.2 x
Yield	4.14%	5.02%	4.7%	5.08%	4.62%	3.14%	3.4%	3.54%
Capitalization / Revenue	2.46 x	2.08 x	2.05 x	1.87 x	1.94 x	2.22 x	5.87 x	5.02 x
EV / Revenue	2.46 x	2.08 x	2.05 x	1.87 x	1.94 x	2.22 x	5.87 x	5.02 x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / FCF	-38,73,493 x	12,83,656 x	4,24,777 x	-	-	-	-	-
FCF Yield	-0%	0%	0%	-	-	-	-	-
Price to Book	0.4 x	0.42 x	0.35 x	0.36 x	0.41 x	0.61 x	0.59 x	0.57 x
Nbr of stocks (in thousands)	37,48,792	37,48,793	37,48,754	37,48,090	36,88,514	36,16,153	-	-
Reference price ²	1,209	997.0	1,064	985.0	1,083	1,590	1,590	1,590
Announcement Date	15/05/19	15/05/20	14/05/21	13/05/22	15/05/23	15/05/24	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	18,45,413	17,99,544	19,46,728	19,77,640	20,64,251	26,51,706	9,80,563	11,45,724
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	3,70,421	2,94,000	3,93,660	3,08,787	-	-1,95,500	1,25,075	2,73,200
Operating Margin	20.07%	16.34%	20.22%	15.61%	-	-7.37%	12.76%	23.85%
Earnings before Tax (EBT) ¹	3,69,870	3,78,631	3,92,654	4,96,574	4,54,373	4,94,060	5,20,950	5,88,759
Net income ¹	2,66,189	2,73,435	2,80,130	3,55,070	3,25,070	3,56,133	3,67,720	4,04,838
Net margin	14.42%	15.19%	14.39%	17.95%	15.75%	13.43%	37.5%	35.33%
EPS ²	71.00	72.94	74.72	94.71	86.84	98.43	101.4	112.2
Free Cash Flow	-11,70,078	29,11,641	93,90,034	-	-	-	-	-
FCF margin	-63.4%	161.8%	482.35%	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	1,064.84%	3,352.03%	-	-	-	-	-
Dividend per Share ²	50.00	50.00	50.00	50.00	50.00	51.00	54.00	56.30
Announcement Date	15/05/19	15/05/20	14/05/21	13/05/22	15/05/23	15/05/24	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March	2020 S1	2021 S1	2021 S2	2022 Q2	2022 S1	2022 Q3	2022 Q4	2022 S2	2023 Q1	2023 Q2	2023 S1	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 S1	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	9,09,996	8,30,534	-	6,48,461	11,54,063	4,01,597	4,21,980	-	4,48,883	4,79,935	9,28,818	6,21,944	5,13,489	6,43,483	6,56,038	12,99,521	1,83,200	81,970	2,60,112	2,61,297	2,62,487	2,63,680
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	-	-	-	1,21,900	2,68,000	35,900	4,776	-	9,19,000	18,300	-	67,116	-	47,946	-	-	-49,700	-56,000	21,878	28,187	25,888	31,198
Operating Margin	-	-	-	18.8%	23.22%	8.94%	1.13%	-	204.73%	3.81%	-	10.79%	-	7.45%	-	-	-27.13%	-68.32%	8.41%	10.79%	9.86%	11.83%
Earnings before Tax (EBT) ¹	2,01,039	1,71,799	-	1,62,866	3,30,832	69,545	96,197	-	1,20,344	-	2,19,954	1,24,257	1,10,162	1,18,258	1,34,955	2,53,213	1,12,678	1,28,169	-	-	-	-
Net income ¹	1,44,879	1,24,224	1,55,906	1,14,501	2,35,320	52,313	67,437	1,19,750	88,808	69,837	1,58,645	88,833	77,592	86,817	95,370	1,82,187	81,143	92,803	-	-	-	-
Net margin	15.92%	14.96%	-	17.66%	20.39%	13.03%	15.98%	-	19.78%	14.55%	17.08%	14.28%	15.11%	13.49%	14.54%	14.02%	44.29%	113.22%	-	-	-	-
EPS ²	38.64	33.13	-	30.55	62.77	13.95	17.99	-	23.69	18.63	42.32	23.70	20.82	23.95	26.37	50.32	22.44	25.67	24.32	25.56	25.11	26.15
Dividend per Share ²	25.00	-	50.00	-	-	-	50.00	50.00	-	-	-	-	50.00	-	-	-	-	51.00	-	-	-	-
Announcement Date	14/11/19	13/11/20	14/05/21	12/11/21	12/11/21	14/02/22	13/05/22	13/05/22	10/08/22	11/11/22	11/11/22	14/02/23	15/05/23	10/08/23	13/11/23	13/11/23	14/02/24	15/05/24	-	-	-	-

¹JPY in Million²JPY

Estimates

Balance Sheet Analysis

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-11,70,078	29,11,641	93,90,034	-	-	-	-	-
ROE (net income / shareholders' equity)	2.3%	2.6%	2.7%	3.2%	3.2%	3.6%	3.85%	4.11%
ROA (Net income/ Total Assets)	0.18%	0.18%	0.18%	0.21%	0.2%	0.21%	0.17%	0.17%
Assets ¹	14,93,34,642	15,14,12,038	15,44,77,777	16,52,17,998	16,50,18,529	16,63,78,416	21,40,39,812	24,47,62,734
Book Value Per Share ²	3,030	2,399	3,033	2,740	2,621	2,673	2,696	2,775
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex	-	-	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-	-	-
Announcement Date	15/05/19	15/05/20	14/05/21	13/05/22	15/05/23	15/05/24	-	-

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

Ratings for JAPAN POST BANK Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1,590 JPY

Average target price

1,652 JPY

Spread / Average Target

+3.86%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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