Financials Okada Aiyon Corporation

Equities

6294

JP3191400005

Heavy Machinery & Vehicles

Market Closed - Japan Exchange 11:30:00 17/05/2024 am IST 5-day change 1st Jan Change
2,530 JPY +0.88% Intraday chart for Okada Aiyon Corporation -15.53% +2.51%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,656 6,707 10,460 11,532 14,255 20,307 - -
Enterprise Value (EV) 1 12,447 9,244 12,208 14,119 20,422 25,244 20,307 20,307
P/E ratio 10.6 x 7.68 x 11.4 x 9.68 x 10.1 x 13.4 x 7.81 x 7.25 x
Yield 2.06% 3.33% 2.22% 2.22% 2.14% 2.23% 2.57% 2.57%
Capitalization / Revenue 0.6 x 0.37 x 0.59 x 0.57 x 0.6 x 0.93 x 0.68 x 0.63 x
EV / Revenue 0.6 x 0.37 x 0.59 x 0.57 x 0.6 x 0.93 x 0.68 x 0.63 x
EV / EBITDA - - - - - - - -
EV / FCF -1,67,01,946 x -2,05,11,625 x 1,03,25,822 x - -68,43,714 x 2,39,73,119 x - -
FCF Yield -0% -0% 0% - -0% 0% - -
Price to Book 1.04 x 0.63 x 0.92 x 0.92 x 1.02 x 1.58 x 1.12 x 1 x
Nbr of stocks (in thousands) 8,122 7,975 7,997 8,014 8,022 8,027 - -
Reference price 2 1,312 841.0 1,308 1,439 1,777 2,530 2,530 2,530
Announcement Date 14/05/19 13/05/20 13/05/21 12/05/22 11/05/23 10/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 17,866 17,957 17,591 20,306 23,575 27,095 30,000 32,100
EBITDA - - - - - - - -
EBIT 1 1,524 1,368 1,377 1,771 1,965 2,719 3,600 3,900
Operating Margin 8.53% 7.62% 7.83% 8.72% 8.34% 10.04% 12% 12.15%
Earnings before Tax (EBT) 1 1,521 1,347 1,357 1,766 2,075 2,716 3,600 3,900
Net income 1 1,000 884 919 1,190 1,414 1,886 2,600 2,800
Net margin 5.6% 4.92% 5.22% 5.86% 6% 6.96% 8.67% 8.72%
EPS 2 123.3 109.5 115.0 148.6 176.3 235.1 323.9 348.8
Free Cash Flow -638 -327 1,013 - -2,083 1,053 - -
FCF margin -3.57% -1.82% 5.76% - -8.84% 3.89% - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - 110.23% - - 55.83% - -
Dividend per Share 2 27.00 28.00 29.00 32.00 38.00 70.00 65.00 65.00
Announcement Date 14/05/19 13/05/20 13/05/21 12/05/22 11/05/23 10/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 1 9,296 8,661 8,456 10,056 4,640 5,678 11,680 5,320 6,355 7,036 13,391 7,090 6,614 13,704
EBITDA - - - - - - - - - - - - - -
EBIT 1 881 487 735 1,022 328 539 1,105 370 620 905 1,525 879 315 1,194
Operating Margin 9.48% 5.62% 8.69% 10.16% 7.07% 9.49% 9.46% 6.95% 9.76% 12.86% 11.39% 12.4% 4.76% 8.71%
Earnings before Tax (EBT) 892 455 756 1,021 334 681 1,282 299 714 - 1,648 778 - -
Net income 554 330 460 659 193 379 785 198 493 - 1,105 519 - -
Net margin 5.96% 3.81% 5.44% 6.55% 4.16% 6.67% 6.72% 3.72% 7.76% - 8.25% 7.32% - -
EPS 68.22 - 57.60 82.44 24.06 47.39 97.97 24.66 61.53 - 137.8 64.69 - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 12/11/19 13/05/20 13/11/20 12/11/21 10/02/22 10/08/22 11/11/22 10/02/23 10/08/23 10/11/23 10/11/23 09/02/24 10/05/24 10/05/24
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1,791 2,537 1,748 2,587 6,167 - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow -638 -327 1,013 - -2,083 1,053 - -
ROE (net income / shareholders' equity) 10.2% 8.5% 8.3% 10% 10.7% 12.6% 15.2% 14.5%
ROA (Net income/ Total Assets) 7.74% 6.38% 6.53% 7.57% 6.99% 8.71% - -
Assets 1 12,925 13,858 14,073 15,727 20,229 21,649 - -
Book Value Per Share 2 1,259 1,336 1,420 1,562 1,737 1,992 2,256 2,540
Cash Flow per Share 171.0 158.0 165.0 203.0 238.0 309.0 - -
Capex 1 765 636 1,158 2,295 1,425 954 1,200 1,200
Capex / Sales 4.28% 3.54% 6.58% 11.3% 6.04% 3.52% 4% 3.74%
Announcement Date 14/05/19 13/05/20 13/05/21 12/05/22 11/05/23 10/05/24 - -
1JPY in Million2JPY
Estimates
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