Financials FJ Next Holdings Co., Ltd.

Equities

8935

JP3166930002

Real Estate Development & Operations

Market Closed - Japan Exchange 02:00:00 2024-05-02 am EDT 5-day change 1st Jan Change
1,349 JPY +0.22% Intraday chart for FJ Next Holdings Co., Ltd. +1.43% +20.77%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 28,109 27,881 26,737 36,673 32,326 32,293
Enterprise Value (EV) 1 29,788 31,208 30,765 34,351 9,375 13,512
P/E ratio 6.04 x 4.26 x 3.97 x 7.36 x 5.1 x 5.75 x
Yield 2.33% 3.75% 5.38% 3.92% 4.85% 4.86%
Capitalization / Revenue 0.42 x 0.34 x 0.32 x 0.5 x 0.39 x 0.38 x
EV / Revenue 0.44 x 0.38 x 0.36 x 0.47 x 0.11 x 0.16 x
EV / EBITDA 4 x 3.02 x 2.88 x 4.44 x 0.99 x 1.57 x
EV / FCF -11.8 x -57.4 x 240 x 2.19 x 0.42 x -2.9 x
FCF Yield -8.46% -1.74% 0.42% 45.7% 240% -34.5%
Price to Book 0.71 x 0.62 x 0.53 x 0.68 x 0.55 x 0.51 x
Nbr of stocks (in thousands) 32,685 32,685 32,685 32,685 32,685 32,685
Reference price 2 860.0 853.0 818.0 1,122 989.0 988.0
Announcement Date 6/22/18 6/21/19 6/25/20 6/24/21 6/23/22 6/23/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 67,008 81,516 84,840 72,988 82,258 84,688
EBITDA 1 7,438 10,320 10,696 7,730 9,500 8,619
EBIT 1 7,238 10,094 10,413 7,352 9,096 8,251
Operating Margin 10.8% 12.38% 12.27% 10.07% 11.06% 9.74%
Earnings before Tax (EBT) 1 7,225 10,086 10,323 7,334 9,089 8,248
Net income 1 4,689 6,538 6,732 4,983 6,338 5,621
Net margin 7% 8.02% 7.93% 6.83% 7.71% 6.64%
EPS 2 142.4 200.0 206.0 152.5 193.9 172.0
Free Cash Flow 1 -2,520 -543.4 128.2 15,686 22,481 -4,663
FCF margin -3.76% -0.67% 0.15% 21.49% 27.33% -5.51%
FCF Conversion (EBITDA) - - 1.2% 202.92% 236.64% -
FCF Conversion (Net income) - - 1.91% 314.79% 354.7% -
Dividend per Share 2 20.00 32.00 44.00 44.00 48.00 48.00
Announcement Date 6/22/18 6/21/19 6/25/20 6/24/21 6/23/22 6/23/23
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 42,868 31,459 38,187 16,074 17,926 41,160 16,091 20,923 48,448 17,847
EBITDA - - - - - - - - - -
EBIT 1 4,807 3,044 3,898 1,306 1,428 3,636 711 1,287 4,859 594
Operating Margin 11.21% 9.68% 10.21% 8.12% 7.97% 8.83% 4.42% 6.15% 10.03% 3.33%
Earnings before Tax (EBT) 1 4,790 3,008 3,906 1,298 1,424 3,609 708 1,252 4,823 595
Net income 1 3,078 1,956 2,698 721 958 2,453 465 815 3,227 380
Net margin 7.18% 6.22% 7.07% 4.49% 5.34% 5.96% 2.89% 3.9% 6.66% 2.13%
EPS 2 94.19 59.86 82.55 22.07 29.34 75.06 14.22 24.96 98.71 11.59
Dividend per Share 22.00 22.00 24.00 - - 24.00 - - 24.00 -
Announcement Date 11/1/19 11/2/20 11/4/21 2/8/22 8/3/22 11/4/22 2/10/23 8/3/23 11/6/23 2/8/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1,679 3,327 4,028 - - -
Net Cash position 1 - - - 2,322 22,951 18,781
Leverage (Debt/EBITDA) 0.2257 x 0.3224 x 0.3766 x - - -
Free Cash Flow 1 -2,520 -543 128 15,686 22,481 -4,663
ROE (net income / shareholders' equity) 12.5% 15.5% 14.1% 9.57% 11.2% 9.22%
ROA (Net income/ Total Assets) 7.41% 9.27% 8.17% 5.37% 6.81% 6.01%
Assets 1 63,261 70,532 82,444 92,771 93,111 93,521
Book Value Per Share 2 1,204 1,375 1,539 1,648 1,803 1,928
Cash Flow per Share 2 424.0 395.0 677.0 708.0 1,089 987.0
Capex 1 32 74 423 201 86 39
Capex / Sales 0.05% 0.09% 0.5% 0.28% 0.1% 0.05%
Announcement Date 6/22/18 6/21/19 6/25/20 6/24/21 6/23/22 6/23/23
1JPY in Million2JPY
Estimates
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