Financials Restar Corporation

Equities

3156

JP3944360001

Semiconductors

Market Closed - Japan Exchange 11:30:00 28/06/2024 am IST 5-day change 1st Jan Change
3,195 JPY -1.69% Intraday chart for Restar Corporation +0.63% +13.30%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 32,130 45,524 61,340 59,445 65,068 96,067 - -
Enterprise Value (EV) 1 47,030 90,357 75,912 1,19,291 1,38,846 91,256 96,067 96,067
P/E ratio 14.7 x 7.95 x 15.1 x 9.98 x 9.18 x 13 x 10.9 x 10.3 x
Yield 4.89% 5.28% 4.17% 5.06% 5.31% 3.79% 4.13% 4.38%
Capitalization / Revenue 0.16 x 0.12 x 0.19 x 0.15 x 0.13 x 0.18 x 0.17 x 0.17 x
EV / Revenue 0.16 x 0.12 x 0.19 x 0.15 x 0.13 x 0.18 x 0.17 x 0.17 x
EV / EBITDA - - - 5.48 x 3.51 x 4.53 x 4.42 x 4.22 x
EV / FCF 3.54 x -3.12 x 3.82 x -1.56 x -11 x 8.23 x 160 x 9.92 x
FCF Yield 28.3% -32% 26.2% -64.1% -9.08% 12.1% 0.62% 10.1%
Price to Book 0.84 x 0.65 x 0.84 x 0.77 x 0.81 x 1.08 x - -
Nbr of stocks (in thousands) 15,696 30,069 30,069 30,068 30,068 30,068 - -
Reference price 2 2,047 1,514 2,040 1,977 2,164 3,195 3,195 3,195
Announcement Date 13/05/19 13/05/20 12/05/21 11/05/22 12/05/23 13/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,05,771 3,79,548 3,23,815 3,99,590 4,87,129 5,12,484 5,52,530 5,76,230
EBITDA 1 - - - 10,846 18,534 20,150 21,740 22,770
EBIT 1 4,508 6,637 6,238 7,588 14,423 15,930 17,320 18,160
Operating Margin 2.19% 1.75% 1.93% 1.9% 2.96% 3.11% 3.13% 3.15%
Earnings before Tax (EBT) 1 2,946 8,018 4,334 8,536 10,425 12,000 13,010 13,780
Net income 1 2,192 5,722 4,054 5,957 7,085 7,004 8,810 9,360
Net margin 1.07% 1.51% 1.25% 1.49% 1.45% 1.37% 1.59% 1.62%
EPS 2 139.7 190.3 134.8 198.1 235.6 233.0 293.1 311.3
Free Cash Flow 1 9,079 -14,590 16,077 -38,112 -5,909 11,084 600 9,680
FCF margin 4.41% -3.84% 4.96% -9.54% -1.21% 2.16% 0.11% 1.68%
FCF Conversion (EBITDA) - - - - - 55.01% 2.76% 42.51%
FCF Conversion (Net income) 414.19% - 396.57% - - 158.25% 6.81% 103.42%
Dividend per Share 2 100.0 80.00 85.00 100.0 115.0 115.0 131.9 140.1
Announcement Date 13/05/19 13/05/20 12/05/21 11/05/22 12/05/23 13/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2021 S2 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 2,02,984 1,47,320 1,76,495 1,92,616 1,03,644 1,12,552 2,39,795 1,28,135 1,19,563 2,45,264 1,29,618
EBITDA - - - - - - - - - - -
EBIT 1 3,484 3,012 3,226 3,417 2,645 4,067 8,450 4,526 2,755 7,098 4,218
Operating Margin 1.72% 2.04% 1.83% 1.77% 2.55% 3.61% 3.52% 3.53% 2.3% 2.89% 3.25%
Earnings before Tax (EBT) 1 5,547 2,581 - 4,988 2,505 3,566 7,836 2,089 1,780 5,916 2,518
Net income 1 4,446 1,983 - 3,956 1,460 2,236 4,632 1,261 683 3,367 1,406
Net margin 2.19% 1.35% - 2.05% 1.41% 1.99% 1.93% 0.98% 0.57% 1.37% 1.08%
EPS 2 147.9 65.98 - 131.6 48.56 74.39 154.0 41.94 22.74 112.0 46.76
Dividend per Share 35.00 35.00 - 45.00 - - 40.00 - - 55.00 -
Announcement Date 13/11/19 12/11/20 12/05/21 11/11/21 10/02/22 10/08/22 10/11/22 09/02/23 10/08/23 14/11/23 13/02/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 14,900 44,833 14,572 59,846 73,778 - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - 5.518 x 3.981 x - - -
Free Cash Flow 1 9,079 -14,590 16,077 -38,112 -5,909 11,084 600 9,680
ROE (net income / shareholders' equity) 5.6% 8.3% 5.6% 7.9% 8.9% 8.5% 9.8% 9%
ROA (Net income/ Total Assets) 3.93% 6.13% 2.94% 3.11% 4.73% 2.5% 2.9% 3%
Assets 1 55,805 93,332 1,38,045 1,91,314 1,49,934 2,80,710 3,03,793 3,12,000
Book Value Per Share 2,446 2,341 2,441 2,580 2,686 2,800 - -
Cash Flow per Share 187.0 295.0 241.0 292.0 350.0 352.0 - -
Capex 1 988 31,181 4,121 11,487 5,245 4,376 4,420 4,610
Capex / Sales 0.48% 8.22% 1.27% 2.87% 1.08% 0.85% 0.8% 0.8%
Announcement Date 13/05/19 13/05/20 12/05/21 11/05/22 12/05/23 13/05/24 - -
1JPY in Million
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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