ALLIED TELESIS HOLDINGS K.K. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 100 JPY | 0.00% |
|
-0.99% | -2.91% |
| 2023 | Allied Telesis Holdings K.K. Reports Earnings Results for the First Quarter Ended March 31, 2023 | CI |
| 2020 | ALSO Holding AG and Allied Telesis Expand Partnership | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 9,538 | 9,103 | 10,199 | 10,424 | 11,631 | 11,302 |
| Enterprise Value (EV) 1 | 13,937 | 15,547 | 16,222 | 14,514 | 9,135 | 10,287 |
| P/E ratio | 45.8 x | 67.4 x | 55.1 x | 7.61 x | 1.35 x | 10.4 x |
| Yield | - | - | - | - | - | 0.97% |
| Capitalization / Revenue | 0.33 x | 0.31 x | 0.35 x | 0.31 x | 0.28 x | 0.25 x |
| EV / Revenue | 0.49 x | 0.53 x | 0.55 x | 0.44 x | 0.22 x | 0.23 x |
| EV / EBITDA | 16.5 x | 16.4 x | 11.8 x | 6.69 x | 3.2 x | 3.1 x |
| EV / FCF | -6.66 x | 22.2 x | 27.1 x | 6.32 x | -10.1 x | -18.4 x |
| FCF Yield | -15% | 4.5% | 3.69% | 15.8% | -9.94% | -5.43% |
| Price to Book | 2.05 x | 2.05 x | 2.35 x | 1.68 x | 0.74 x | 0.65 x |
| Nbr of stocks (in thousands) | 109,632 | 109,671 | 109,671 | 109,731 | 109,731 | 109,731 |
| Reference price 2 | 87.00 | 83.00 | 93.00 | 95.00 | 106.0 | 103.0 |
| Announcement Date | 3/29/19 | 3/27/20 | 3/26/21 | 3/31/22 | 3/29/23 | 3/29/24 |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 28,638 | 29,121 | 29,381 | 33,265 | 41,497 | 44,385 |
| EBITDA 1 | 844 | 950 | 1,374 | 2,169 | 2,855 | 3,314 |
| EBIT 1 | 550 | 246 | 625 | 1,403 | 1,885 | 2,208 |
| Operating Margin | 1.92% | 0.84% | 2.13% | 4.22% | 4.54% | 4.97% |
| Earnings before Tax (EBT) 1 | 137 | -201 | 393 | 995 | 11,624 | 1,861 |
| Net income 1 | 211 | 135 | 185 | 1,370 | 8,605 | 1,089 |
| Net margin | 0.74% | 0.46% | 0.63% | 4.12% | 20.74% | 2.45% |
| EPS 2 | 1.900 | 1.231 | 1.687 | 12.49 | 78.42 | 9.924 |
| Free Cash Flow 1 | -2,092 | 700.2 | 598.4 | 2,296 | -908.4 | -559 |
| FCF margin | -7.3% | 2.4% | 2.04% | 6.9% | -2.19% | -1.26% |
| FCF Conversion (EBITDA) | - | 73.71% | 43.55% | 105.87% | - | - |
| FCF Conversion (Net income) | - | 518.7% | 323.45% | 167.61% | - | - |
| Dividend per Share | - | - | - | - | - | 1.000 |
| Announcement Date | 3/29/19 | 3/27/20 | 3/26/21 | 3/31/22 | 3/29/23 | 3/29/24 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 12,181 | 17,443 | 7,479 | 9,951 | 18,552 | 11,424 | 11,573 | 20,721 | 11,472 |
| EBITDA | - | - | - | - | - | - | - | - | - |
| EBIT 1 | -1,265 | 1,504 | -21 | 647 | 453 | 1,132 | 1,341 | 851 | 730 |
| Operating Margin | -10.39% | 8.62% | -0.28% | 6.5% | 2.44% | 9.91% | 11.59% | 4.11% | 6.36% |
| Earnings before Tax (EBT) 1 | -1,388 | 1,222 | -85 | 9,860 | 10,496 | 1,457 | 1,268 | 922 | 663 |
| Net income 1 | -1,403 | 930 | -185 | 6,809 | 7,209 | 964 | 959 | 526 | 385 |
| Net margin | -11.52% | 5.33% | -2.47% | 68.43% | 38.86% | 8.44% | 8.29% | 2.54% | 3.36% |
| EPS 2 | -12.80 | 8.480 | -1.680 | 62.06 | 65.70 | 8.780 | 8.740 | 4.800 | 3.500 |
| Dividend per Share | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/13/20 | 8/13/21 | 11/12/21 | 5/13/22 | 8/12/22 | 11/11/22 | 5/12/23 | 8/14/23 | 11/14/23 |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 4,399 | 6,444 | 6,023 | 4,090 | - | - |
| Net Cash position 1 | - | - | - | - | 2,496 | 1,015 |
| Leverage (Debt/EBITDA) | 5.212 x | 6.783 x | 4.384 x | 1.886 x | - | - |
| Free Cash Flow 1 | -2,092 | 700 | 598 | 2,296 | -908 | -559 |
| ROE (net income / shareholders' equity) | 4.62% | 2.97% | 4.22% | 26% | 78.3% | 6.55% |
| ROA (Net income/ Total Assets) | 1.57% | 0.65% | 1.55% | 3.21% | 3.34% | 3.17% |
| Assets 1 | 13,402 | 20,785 | 11,944 | 42,695 | 257,542 | 34,379 |
| Book Value Per Share 2 | 42.50 | 40.40 | 39.50 | 56.50 | 144.0 | 159.0 |
| Cash Flow per Share 2 | 32.80 | 27.30 | 37.00 | 43.00 | 82.50 | 97.50 |
| Capex 1 | 1,111 | 584 | 462 | 293 | 1,201 | 743 |
| Capex / Sales | 3.88% | 2.01% | 1.57% | 0.88% | 2.89% | 1.67% |
| Announcement Date | 3/29/19 | 3/27/20 | 3/26/21 | 3/31/22 | 3/29/23 | 3/29/24 |
1JPY in Million2JPY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -2.91% | 70.25M | |
| -3.14% | 197B | |
| +31.19% | 97.1B | |
| +58.73% | 65.92B | |
| +14.94% | 59.71B | |
| +31.83% | 32.53B | |
| +20.63% | 21.04B | |
| +51.94% | 18.65B | |
| -2.01% | 18.08B | |
| +7.97% | 17.66B |
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