Financials Unite and Grow Inc.

Equities

4486

JP3949550002

Employment Services

Delayed Japan Exchange 09:56:06 16/05/2024 am IST 5-day change 1st Jan Change
1,385 JPY -0.43% Intraday chart for Unite and Grow Inc. -11.44% +22.60%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 5,592 5,151 6,298 4,891 4,399
Enterprise Value (EV) 1 4,216 3,592 4,384 2,805 2,132
P/E ratio 37.6 x 35 x 34 x 20.7 x 14.6 x
Yield 0.26% 0.42% 0.7% 1.29% -
Capitalization / Revenue 3.44 x 2.97 x 3.04 x 2.09 x 1.65 x
EV / Revenue 2.6 x 2.07 x 2.11 x 1.2 x 0.8 x
EV / EBITDA 1,87,36,622 x 1,49,65,152 x 1,41,88,773 x 82,99,192 x 52,01,162 x
EV / FCF 1,79,58,424 x 1,44,45,999 x 1,50,53,497 x 1,85,15,689 x 1,22,55,612 x
FCF Yield 0% 0% 0% 0% 0%
Price to Book 5.36 x 4.34 x 4.59 x 3.04 x 2.39 x
Nbr of stocks (in thousands) 3,631 3,643 3,698 3,932 3,914
Reference price 2 1,540 1,414 1,703 1,244 1,124
Announcement Date 27/03/20 26/03/21 29/03/22 29/03/23 28/03/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,388 1,624 1,732 2,075 2,335 2,667
EBITDA - 225 240 309 338 410
EBIT 1 172 206 217 290 324 392
Operating Margin 12.39% 12.68% 12.53% 13.98% 13.88% 14.7%
Earnings before Tax (EBT) 1 176 190 216 288 323 420
Net income 1 123 133 159 198 238 305
Net margin 8.86% 8.19% 9.18% 9.54% 10.19% 11.44%
EPS 2 44.12 41.01 40.40 50.14 60.07 77.05
Free Cash Flow - 234.8 248.6 291.2 151.5 174
FCF margin - 14.46% 14.35% 14.04% 6.49% 6.52%
FCF Conversion (EBITDA) - 104.33% 103.59% 94.26% 44.82% 42.44%
FCF Conversion (Net income) - 176.5% 156.37% 147.1% 63.66% 57.05%
Dividend per Share 2 4.000 4.000 6.000 12.00 16.00 -
Announcement Date 15/11/19 27/03/20 26/03/21 29/03/22 29/03/23 28/03/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1
Net sales 1 819 978 531 565 1,143 593 571 1,222 701 687
EBITDA - - - - - - - - - -
EBIT 1 103 134 107 90 182 99 66 144 108 85
Operating Margin 12.58% 13.7% 20.15% 15.93% 15.92% 16.69% 11.56% 11.78% 15.41% 12.37%
Earnings before Tax (EBT) 1 103 134 107 90 182 99 66 144 108 86
Net income 1 66 93 74 66 134 73 48 106 78 64
Net margin 8.06% 9.51% 13.94% 11.68% 11.72% 12.31% 8.41% 8.67% 11.13% 9.32%
EPS 2 18.39 25.49 20.02 17.77 36.03 18.73 12.39 27.34 19.92 16.35
Dividend per Share - - - - - - - - - -
Announcement Date 14/08/20 13/08/21 12/11/21 13/05/22 12/08/22 14/11/22 12/05/23 14/08/23 14/11/23 14/05/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 725 1,376 1,559 1,914 2,086 2,267
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - 235 249 291 152 174
ROE (net income / shareholders' equity) 29.7% 17.3% 14.2% 15.4% 16% 17.7%
ROA (Net income/ Total Assets) 12.9% 10.5% 8.21% 9.35% 9.05% 9.84%
Assets 1 954.8 1,265 1,936 2,119 2,630 3,099
Book Value Per Share 2 170.0 287.0 326.0 371.0 409.0 471.0
Cash Flow per Share 2 226.0 384.0 429.0 515.0 546.0 578.0
Capex - 3 1 53 1 6
Capex / Sales - 0.18% 0.06% 2.55% 0.04% 0.22%
Announcement Date 15/11/19 27/03/20 26/03/21 29/03/22 29/03/23 28/03/24
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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