Financials Asahi Co., Ltd.

Equities

3333

JP3110500000

Other Specialty Retailers

Market Closed - Japan Exchange 02:00:00 2024-06-11 am EDT 5-day change 1st Jan Change
1,455 JPY +0.62% Intraday chart for Asahi Co., Ltd. +2.54% +14.84%

Valuation

Fiscal Period: February 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 33,194 39,718 34,575 35,594 33,374 37,761 - -
Enterprise Value (EV) 1 30,435 32,129 28,617 30,282 23,853 37,761 37,761 37,761
P/E ratio 12.9 x 8.42 x 9.76 x 10.6 x 10.7 x 10.3 x 9.44 x 8.58 x
Yield 1.42% 1.84% 2.11% 2.05% 3.52% 3.46% 3.8% 4.15%
Capitalization / Revenue 0.55 x 0.57 x 0.48 x 0.48 x 0.43 x 0.46 x 0.44 x 0.41 x
EV / Revenue 0.55 x 0.57 x 0.48 x 0.48 x 0.43 x 0.46 x 0.44 x 0.41 x
EV / EBITDA - - 5.26 x 5.39 x - 5.21 x 4.67 x 4.29 x
EV / FCF 12,053,096 x 6,908,697 x - 51,961,818 x 5,586,562 x - - -
FCF Yield 0% 0% - 0% 0% - - -
Price to Book 1.17 x 1.22 x 0.98 x 1.02 x 0.9 x 0.96 x 0.9 x 0.84 x
Nbr of stocks (in thousands) 26,240 26,079 26,114 26,114 26,114 26,114 - -
Reference price 2 1,265 1,523 1,324 1,363 1,278 1,446 1,446 1,446
Announcement Date 4/3/20 4/5/21 4/4/22 4/3/23 4/1/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 59,852 69,456 71,398 74,712 78,076 82,000 86,500 91,000
EBITDA 1 - - 6,574 6,609 - 7,250 8,080 8,800
EBIT 1 4,006 6,863 5,221 5,127 4,912 5,500 6,200 6,800
Operating Margin 6.69% 9.88% 7.31% 6.86% 6.29% 6.71% 7.17% 7.47%
Earnings before Tax (EBT) 1 3,946 7,056 5,368 5,125 4,776 5,600 6,200 6,800
Net income 1 2,559 4,717 3,541 3,366 3,113 3,680 4,000 4,400
Net margin 4.28% 6.79% 4.96% 4.51% 3.99% 4.49% 4.62% 4.84%
EPS 2 98.09 180.9 135.7 128.9 119.2 140.9 153.2 168.5
Free Cash Flow 2,754 5,749 - 685 5,974 - - -
FCF margin 4.6% 8.28% - 0.92% 7.65% - - -
FCF Conversion (EBITDA) - - - 10.36% - - - -
FCF Conversion (Net income) 107.62% 121.88% - 20.35% 191.9% - - -
Dividend per Share 2 18.00 28.00 28.00 28.00 45.00 50.00 55.00 60.00
Announcement Date 4/3/20 4/5/21 4/4/22 4/3/23 4/1/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: February 2021 S1 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2025 Q1 2025 Q2 2025 S1 2025 Q3 2025 Q4 2025 S2
Net sales 1 39,143 40,060 16,474 14,864 24,246 17,479 41,725 17,332 15,655 26,025 17,738 43,763 17,931 26,800 18,700 45,500 19,000 17,500 36,500
EBITDA - - - - - - - - - - - - - - - - - - -
EBIT 1 6,084 4,984 701 - 3,440 823 4,263 1,042 -178 3,644 574 4,218 705 3,800 600 4,400 1,050 50 1,100
Operating Margin 15.54% 12.44% 4.26% - 14.19% 4.71% 10.22% 6.01% -1.14% 14% 3.24% 9.64% 3.93% 14.18% 3.21% 9.67% 5.53% 0.29% 3.01%
Earnings before Tax (EBT) 6,194 5,133 745 - 3,454 - 4,297 1,105 - 3,719 - 4,357 731 - - - - - -
Net income 1 4,211 3,466 467 - 2,349 536 2,885 720 -239 2,532 388 2,920 458 2,600 360 2,960 800 -80 720
Net margin 10.76% 8.65% 2.83% - 9.69% 3.07% 6.91% 4.15% -1.53% 9.73% 2.19% 6.67% 2.55% 9.7% 1.93% 6.51% 4.21% -0.46% 1.97%
EPS 161.5 132.9 17.84 - 89.99 - 110.5 27.57 - 96.96 - 111.8 17.52 - - - - - -
Dividend per Share - - - - - - - - - - - 22.50 - - - - - - -
Announcement Date 9/28/20 9/27/21 12/27/21 4/4/22 6/27/22 9/26/22 9/26/22 12/26/22 4/3/23 6/26/23 9/25/23 9/25/23 12/25/23 - - - - - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: February 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt - - - - - - - -
Net Cash position 2,759 7,589 5,958 5,312 9,521 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2,754 5,749 - 685 5,974 - - -
ROE (net income / shareholders' equity) 9.4% 15.5% 10.4% 10% 8.7% 9.6% 9.8% 10.1%
ROA (Net income/ Total Assets) 11.4% 17.6% 12% 11% 10.1% 10.1% 10.7% 11.1%
Assets 1 22,509 26,797 29,474 30,673 30,867 36,436 37,383 39,640
Book Value Per Share 2 1,082 1,246 1,354 1,340 1,415 1,511 1,615 1,728
Cash Flow per Share 147.0 230.0 188.0 186.0 181.0 - - -
Capex 1 1,199 1,546 2,126 1,849 2,607 3,000 3,000 3,000
Capex / Sales 2% 2.23% 2.98% 2.47% 3.34% 3.66% 3.47% 3.3%
Announcement Date 4/3/20 4/5/21 4/4/22 4/3/23 4/1/24 - - -
1JPY in Million2JPY
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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