Financials Hard Off Corporation Co.,Ltd.

Equities

2674

JP3765120005

Other Specialty Retailers

Market Closed - Japan Exchange 02:00:00 2024-05-02 am EDT 5-day change 1st Jan Change
1,702 JPY -0.93% Intraday chart for Hard Off Corporation Co.,Ltd. -1.22% +1.43%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 14,572 10,666 8,657 11,562 10,729 17,877
Enterprise Value (EV) 1 12,613 9,747 8,118 11,872 10,372 17,120
P/E ratio 25.8 x 21.6 x 22.3 x 32.5 x 10.3 x 10.8 x
Yield 3.7% 5.06% 6.23% 4.2% 4.53% 4.66%
Capitalization / Revenue 0.79 x 0.57 x 0.45 x 0.54 x 0.44 x 0.66 x
EV / Revenue 0.68 x 0.52 x 0.42 x 0.56 x 0.42 x 0.63 x
EV / EBITDA 7.16 x 6.49 x 6.52 x 9.22 x 5.05 x 5.93 x
EV / FCF 10.5 x 142 x 26.8 x -80.2 x 13.3 x 29.1 x
FCF Yield 9.49% 0.71% 3.74% -1.25% 7.52% 3.44%
Price to Book 1.1 x 0.81 x 0.67 x 0.89 x 0.78 x 1.17 x
Nbr of stocks (in thousands) 13,480 13,484 13,484 13,880 13,880 13,880
Reference price 2 1,081 791.0 642.0 833.0 773.0 1,288
Announcement Date 6/22/18 6/24/19 6/25/20 6/25/21 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 18,520 18,869 19,350 21,270 24,507 27,040
EBITDA 1 1,762 1,503 1,246 1,288 2,053 2,886
EBIT 1 1,250 1,026 832 796 1,531 2,312
Operating Margin 6.75% 5.44% 4.3% 3.74% 6.25% 8.55%
Earnings before Tax (EBT) 1 968 840 744 734 1,606 2,425
Net income 1 565 493 389 348 1,041 1,653
Net margin 3.05% 2.61% 2.01% 1.64% 4.25% 6.11%
EPS 2 41.90 36.56 28.85 25.59 75.00 119.1
Free Cash Flow 1 1,198 68.88 303.2 -148 780 589
FCF margin 6.47% 0.37% 1.57% -0.7% 3.18% 2.18%
FCF Conversion (EBITDA) 67.96% 4.58% 24.34% - 37.99% 20.41%
FCF Conversion (Net income) 211.95% 13.97% 77.96% - 74.93% 35.63%
Dividend per Share 2 40.00 40.00 40.00 35.00 35.00 60.00
Announcement Date 6/22/18 6/24/19 6/25/20 6/25/21 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 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3
Net sales 1 9,621 9,612 11,741 6,432 6,560 12,968 7,036 7,036 7,177 7,000 14,177 7,875
EBITDA - - - - - - - - - - - -
EBIT 1 369 345 455 602 729 1,054 769 489 678 405 1,083 946
Operating Margin 3.84% 3.59% 3.88% 9.36% 11.11% 8.13% 10.93% 6.95% 9.45% 5.79% 7.64% 12.01%
Earnings before Tax (EBT) 1 504 374 598 558 768 1,143 730 - 735 - 1,185 923
Net income 1 291 216 400 361 512 738 456 459 484 273 757 596
Net margin 3.02% 2.25% 3.41% 5.61% 7.8% 5.69% 6.48% 6.52% 6.74% 3.9% 5.34% 7.57%
EPS 2 21.62 16.29 28.84 26.06 36.95 53.23 32.84 - 34.86 - 54.50 42.87
Dividend per Share - - - - - - - - - - - -
Announcement Date 10/30/19 11/5/20 11/8/21 2/7/22 8/4/22 11/8/22 2/7/23 5/11/23 8/3/23 11/8/23 11/8/23 2/7/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 310 - -
Net Cash position 1 1,959 919 539 - 357 757
Leverage (Debt/EBITDA) - - - 0.2407 x - -
Free Cash Flow 1 1,198 68.9 303 -148 780 589
ROE (net income / shareholders' equity) 4.28% 3.74% 3% 2.69% 7.82% 11.5%
ROA (Net income/ Total Assets) 4.97% 4.03% 3.28% 2.92% 5.19% 7.32%
Assets 1 11,374 12,221 11,874 11,907 20,040 22,569
Book Value Per Share 2 981.0 974.0 951.0 936.0 987.0 1,099
Cash Flow per Share 2 189.0 109.0 113.0 158.0 188.0 209.0
Capex 1 189 340 137 201 307 635
Capex / Sales 1.02% 1.8% 0.71% 0.94% 1.25% 2.35%
Announcement Date 6/22/18 6/24/19 6/25/20 6/25/21 6/23/22 6/23/23
1JPY in Million2JPY
Estimates
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