Financials World Holdings Co., Ltd.

Equities

2429

JP3990220000

Employment Services

Market Closed - Japan Exchange 11:30:00 07/05/2024 am IST 5-day change 1st Jan Change
2,388 JPY +1.49% Intraday chart for World Holdings Co., Ltd. +2.31% -12.46%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 32,620 34,182 45,252 43,989 47,914 42,005 - -
Enterprise Value (EV) 1 52,400 40,642 53,707 64,845 85,842 42,005 42,005 42,005
P/E ratio 11 x 5.74 x 9.78 x 8.22 x 7.71 x 7.11 x 6.36 x 5.75 x
Yield 2.72% 5.19% 3.07% 3.64% 3.89% 3.39% 3.43% 3.52%
Capitalization / Revenue 0.24 x 0.24 x 0.29 x 0.24 x 0.22 x 0.17 x 0.16 x 0.15 x
EV / Revenue 0.24 x 0.24 x 0.29 x 0.24 x 0.22 x 0.17 x 0.16 x 0.15 x
EV / EBITDA - - - - - - - -
EV / FCF 2,61,58,991 x 27,07,505 x - -66,83,300 x -59,05,069 x - - -
FCF Yield 0% 0% - -0% -0% - - -
Price to Book 1.44 x 1.2 x 1.44 x 1.24 x 1.19 x - - -
Nbr of stocks (in thousands) 16,841 17,449 17,458 17,512 17,564 17,590 - -
Reference price 2 1,937 1,959 2,592 2,512 2,728 2,388 2,388 2,388
Announcement Date 10/02/20 08/02/21 09/02/22 14/02/23 09/02/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,36,319 1,43,571 1,54,704 1,83,640 2,13,742 2,41,500 2,57,500 2,76,500
EBITDA - - - - - - - -
EBIT 1 4,730 6,251 7,481 8,929 10,365 10,000 11,000 12,000
Operating Margin 3.47% 4.35% 4.84% 4.86% 4.85% 4.14% 4.27% 4.34%
Earnings before Tax (EBT) 1 4,764 6,768 7,511 8,455 10,120 9,800 10,800 11,800
Net income 1 2,956 5,913 4,626 5,341 6,204 5,900 6,600 7,300
Net margin 2.17% 4.12% 2.99% 2.91% 2.9% 2.44% 2.56% 2.64%
EPS 2 175.6 341.4 265.0 305.5 353.6 335.7 375.6 415.4
Free Cash Flow 1,247 12,625 - -6,582 -8,114 - - -
FCF margin 0.91% 8.79% - -3.58% -3.8% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) 42.19% 213.51% - - - - - -
Dividend per Share 2 52.70 101.7 79.50 91.50 106.0 80.90 82.00 84.00
Announcement Date 10/02/20 08/02/21 09/02/22 14/02/23 09/02/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2
Net sales 1 69,492 70,844 72,727 65,047 36,486 53,171 89,657 40,711 45,497 86,208 46,138 51,294 97,432 43,724 46,737 90,461 60,515 62,766 1,23,281
EBITDA - - - - - - - - - - - - - - - - - - -
EBIT 2,201 2,773 3,478 2,452 1,663 3,366 5,029 1,214 3,415 4,629 1,992 2,308 4,300 1,934 1,751 3,685 4,084 - -
Operating Margin 3.17% 3.91% 4.78% 3.77% 4.56% 6.33% 5.61% 2.98% 7.51% 5.37% 4.32% 4.5% 4.41% 4.42% 3.75% 4.07% 6.75% - -
Earnings before Tax (EBT) - 3,051 3,717 2,664 1,741 3,106 4,847 1,302 3,438 4,740 1,996 1,719 3,715 1,906 1,738 3,644 4,045 - -
Net income 1 1,271 2,497 3,416 1,891 1,259 1,476 2,735 496 2,053 2,549 1,334 1,458 2,792 963 1,050 2,013 2,694 1,497 4,191
Net margin 1.83% 3.52% 4.7% 2.91% 3.45% 2.78% 3.05% 1.22% 4.51% 2.96% 2.89% 2.84% 2.87% 2.2% 2.25% 2.23% 4.45% 2.39% 3.4%
EPS - 145.2 - 108.4 72.13 - - 28.43 - 146.0 76.32 - - 54.93 - 114.8 153.6 - -
Dividend per Share - - - - - - - - - - - - - - - - - - -
Announcement Date 10/02/20 03/08/20 08/02/21 06/08/21 10/11/21 09/02/22 09/02/22 12/05/22 09/08/22 09/08/22 10/11/22 14/02/23 14/02/23 11/05/23 07/08/23 07/08/23 09/11/23 09/02/24 09/02/24
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 19,780 6,460 8,455 20,856 37,928 - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1,247 12,625 - -6,582 -8,114 - - -
ROE (net income / shareholders' equity) 13.5% 23.1% 15.4% 16% 16.4% - - -
ROA (Net income/ Total Assets) 5.74% 8.15% 8.77% 8.09% 7.25% - - -
Assets 1 51,466 72,544 52,736 66,026 85,575 - - -
Book Value Per Share 1,346 1,638 1,804 2,020 2,291 - - -
Cash Flow per Share 225.0 389.0 311.0 357.0 408.0 - - -
Capex 1 1,461 1,145 1,001 1,817 4,759 1,500 1,500 1,500
Capex / Sales 1.07% 0.8% 0.65% 0.99% 2.23% 0.62% 0.58% 0.54%
Announcement Date 10/02/20 08/02/21 09/02/22 14/02/23 09/02/24 - - -
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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