Financials BASE,Inc.

Equities

4477

JP3835260005

Internet Services

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
270 JPY +0.75% Intraday chart for BASE,Inc. +2.27% +10.66%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 35,805 214,066 68,655 26,601 28,103 31,105 - -
Enterprise Value (EV) 1 28,610 191,795 44,602 4,191 5,876 7,911 6,203 3,099
P/E ratio -45.3 x 346 x -57 x -15.3 x -46 x -633 x 48.6 x 24.1 x
Yield - - - - - - - -
Capitalization / Revenue 9.3 x 25.8 x 6.91 x 2.73 x 2.41 x 2.19 x 1.8 x 1.38 x
EV / Revenue 7.43 x 23.1 x 4.49 x 0.43 x 0.5 x 0.56 x 0.36 x 0.14 x
EV / EBITDA - 227 x -47.9 x -2.87 x -13.9 x 52 x 9.78 x 2.11 x
EV / FCF 34.3 x 72.2 x 25.3 x -2.42 x -43.2 x 2.62 x 1.54 x 0.52 x
FCF Yield 2.91% 1.39% 3.95% -41.3% -2.31% 38.2% 64.8% 193%
Price to Book 11.3 x 13.2 x 4.55 x 1.99 x 2.16 x 2.47 x 2.4 x 2.09 x
Nbr of stocks (in thousands) 102,009 109,665 111,453 112,718 115,178 115,204 - -
Reference price 2 351.0 1,952 616.0 236.0 244.0 270.0 270.0 270.0
Announcement Date 2/13/20 2/10/21 2/9/22 2/8/23 2/8/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,849 8,288 9,931 9,739 11,680 14,224 17,274 22,566
EBITDA 1 - 845.7 -932 -1,459 -423 152.1 634.1 1,469
EBIT 1 -441 803.2 -977 -1,508 -425 -157.5 601.1 1,443
Operating Margin -11.46% 9.69% -9.84% -15.48% -3.64% -1.11% 3.48% 6.39%
Earnings before Tax (EBT) 1 -455 748 -1,218 -1,735 -602 -272 535 -
Net income 1 -459 584 -1,194 -1,732 -606 -206.2 634.3 1,292
Net margin -11.93% 7.05% -12.02% -17.78% -5.19% -1.45% 3.67% 5.72%
EPS 2 -7.746 5.636 -10.80 -15.46 -5.310 -0.4267 5.560 11.20
Free Cash Flow 1 833 2,657 1,761 -1,732 -136 3,020 4,020 5,970
FCF margin 21.64% 32.06% 17.73% -17.78% -1.16% 21.23% 23.27% 26.46%
FCF Conversion (EBITDA) - 314.16% - - - 1,986.03% 633.97% 406.5%
FCF Conversion (Net income) - 454.95% - - - - 633.81% 462.25%
Dividend per Share 2 - - - - - - - -
Announcement Date 2/13/20 2/10/21 2/9/22 2/8/23 2/8/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 2,162 3,681 4,684 2,492 2,755 5,247 2,512 2,295 4,807 2,292 2,639 2,518 2,841 5,360 2,976 3,343 3,050 3,090 3,260 3,680
EBITDA - - - - - - - - - - - - - - - - - - - -
EBIT 1 -306 612 -270 -220 -487 -707 -272 -597 -869 -297 -340 -271 -15 -287 -133 -4 -190 -160 -190 -70
Operating Margin -14.15% 16.63% -5.76% -8.83% -17.68% -13.47% -10.83% -26.01% -18.08% -12.96% -12.88% -10.76% -0.53% -5.35% -4.47% -0.12% -6.23% -5.18% -5.83% -1.9%
Earnings before Tax (EBT) - 613 -273 -221 -724 -945 -299 -621 -920 -295 - -357 - -370 -141 - - - - -
Net income -323 503 -246 -221 -727 -948 -299 -622 -921 -295 -515 -358 - -372 -142 - - - - -
Net margin -14.94% 13.66% -5.25% -8.87% -26.39% -18.07% -11.9% -27.1% -19.16% -12.87% -19.51% -14.22% - -6.94% -4.77% - - - - -
EPS - 4.936 -2.240 -2.000 -6.560 - -2.680 - -8.240 -2.640 - -3.150 - -3.270 -1.240 - - - - -
Dividend per Share - - - - - - - - - - - - - - - - - - - -
Announcement Date 2/13/20 8/14/20 8/5/21 11/4/21 2/9/22 2/9/22 5/12/22 8/4/22 8/4/22 11/8/22 2/8/23 5/10/23 8/3/23 8/3/23 11/7/23 2/8/24 - - - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 7,195 22,271 24,053 22,410 22,227 23,194 24,902 28,006
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 833 2,657 1,761 -1,732 -136 3,020 4,020 5,970
ROE (net income / shareholders' equity) -18.8% 6% -7.6% -12.1% -4.6% -1.59% 4.08% 8.81%
ROA (Net income/ Total Assets) - 3.83% -3.17% -4.73% -1.19% -1.7% 0.1% 3.4%
Assets 1 - 15,231 37,621 36,649 50,803 12,130 634,256 37,985
Book Value Per Share 2 30.90 148.0 135.0 119.0 113.0 109.0 113.0 129.0
Cash Flow per Share -7.180 30.20 -10.40 -15.00 -5.280 - - -
Capex 37 32.7 20 26 56 - - -
Capex / Sales 0.96% 0.39% 0.2% 0.27% 0.48% - - -
Announcement Date 2/13/20 2/10/21 2/9/22 2/8/23 2/8/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
270 JPY
Average target price
383.3 JPY
Spread / Average Target
+41.98%
Consensus