Financials Nakabayashi Co., Ltd.

Equities

7987

JP3644400008

Paper Products

Market Closed - Japan Exchange 11:30:00 14/05/2024 am IST 5-day change 1st Jan Change
534 JPY +0.75% Intraday chart for Nakabayashi Co., Ltd. +2.10% -2.91%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 15,978 13,918 13,887 15,868 12,654 13,046
Enterprise Value (EV) 1 22,458 20,550 20,346 21,851 18,066 20,860
P/E ratio 9.57 x 8.87 x 8.89 x 10.2 x 12.6 x -19.6 x
Yield 3.26% 4.12% 4.08% 3.58% 4.44% 2.52%
Capitalization / Revenue 0.27 x 0.22 x 0.21 x 0.25 x 0.2 x 0.21 x
EV / Revenue 0.38 x 0.32 x 0.31 x 0.34 x 0.29 x 0.34 x
EV / EBITDA 5.28 x 5.3 x 4.87 x 4.94 x 4.97 x 8.98 x
EV / FCF 11.6 x 17.4 x 163 x 50.9 x 16.6 x -129 x
FCF Yield 8.59% 5.73% 0.61% 1.96% 6.01% -0.77%
Price to Book 0.7 x 0.59 x 0.58 x 0.61 x 0.5 x 0.5 x
Nbr of stocks (in thousands) 26,065 26,064 25,764 25,801 25,564 27,407
Reference price 2 613.0 534.0 539.0 615.0 495.0 476.0
Announcement Date 22/06/18 21/06/19 26/06/20 25/06/21 24/06/22 23/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 59,603 64,054 65,309 63,644 63,118 61,581
EBITDA 1 4,251 3,877 4,175 4,420 3,632 2,322
EBIT 1 2,596 2,090 2,347 2,550 1,820 457
Operating Margin 4.36% 3.26% 3.59% 4.01% 2.88% 0.74%
Earnings before Tax (EBT) 1 2,831 2,709 2,517 2,812 2,050 -285
Net income 1 1,669 1,566 1,561 1,552 1,018 -666
Net margin 2.8% 2.44% 2.39% 2.44% 1.61% -1.08%
EPS 2 64.03 60.20 60.61 60.18 39.24 -24.31
Free Cash Flow 1 1,929 1,178 125.1 429.2 1,086 -161.1
FCF margin 3.24% 1.84% 0.19% 0.67% 1.72% -0.26%
FCF Conversion (EBITDA) 45.38% 30.38% 3% 9.71% 29.91% -
FCF Conversion (Net income) 115.59% 75.22% 8.02% 27.66% 106.7% -
Dividend per Share 2 20.00 22.00 22.00 22.00 22.00 12.00
Announcement Date 22/06/18 21/06/19 26/06/20 25/06/21 24/06/22 23/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 30,854 28,644 28,653 16,772 13,534 28,236 16,509 13,954 28,334 16,016
EBITDA - - - - - - - - - -
EBIT 1 681 642 297 499 -157 -158 49 -286 -371 -12
Operating Margin 2.21% 2.24% 1.04% 2.98% -1.16% -0.56% 0.3% -2.05% -1.31% -0.07%
Earnings before Tax (EBT) 1 952 868 496 654 -13 135 143 3 472 66
Net income 1 459 435 114 339 -139 -132 81 -57 218 -54
Net margin 1.49% 1.52% 0.4% 2.02% -1.03% -0.47% 0.49% -0.41% 0.77% -0.34%
EPS 2 17.86 16.89 4.420 13.13 -5.090 -4.850 2.970 -2.080 7.970 -1.960
Dividend per Share 10.00 10.00 10.00 - - - - - 10.00 -
Announcement Date 08/11/19 06/11/20 10/11/21 10/02/22 05/08/22 11/11/22 10/02/23 04/08/23 10/11/23 09/02/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 6,480 6,632 6,459 5,983 5,412 7,814
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.524 x 1.711 x 1.547 x 1.354 x 1.49 x 3.365 x
Free Cash Flow 1 1,929 1,178 125 429 1,086 -161
ROE (net income / shareholders' equity) 7.6% 6.79% 6.54% 6.36% 4.25% -1.77%
ROA (Net income/ Total Assets) 3.01% 2.36% 2.64% 2.82% 1.97% 0.49%
Assets 1 55,465 66,378 59,075 54,969 51,612 -1,35,174
Book Value Per Share 2 878.0 909.0 934.0 1,001 981.0 956.0
Cash Flow per Share 2 263.0 245.0 266.0 251.0 296.0 287.0
Capex 1 1,062 1,683 3,084 1,659 1,185 1,422
Capex / Sales 1.78% 2.63% 4.72% 2.61% 1.88% 2.31%
Announcement Date 22/06/18 21/06/19 26/06/20 25/06/21 24/06/22 23/06/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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