Financials J-Oil Mills, Inc.

Equities

2613

JP3840000008

Food Processing

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
1,970 JPY +0.36% Intraday chart for J-Oil Mills, Inc. +3.14% +1.91%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 67,804 75,206 65,659 53,019 50,309 65,158 - -
Enterprise Value (EV) 1 88,516 87,214 77,560 81,336 93,613 97,262 94,082 92,786
P/E ratio 14.3 x 14.5 x 12.5 x 27.1 x 51 x 12.3 x 15.3 x 14.6 x
Yield 2.18% 2.19% 2.51% 3.11% 1.31% 3.05% 3.05% 3.05%
Capitalization / Revenue 0.36 x 0.42 x 0.4 x 0.26 x 0.19 x 0.27 x 0.27 x 0.27 x
EV / Revenue 0.47 x 0.49 x 0.47 x 0.4 x 0.36 x 0.4 x 0.39 x 0.38 x
EV / EBITDA - 7.42 x 6.66 x 16.9 x 17 x 8.31 x 8.95 x 8.35 x
EV / FCF 11.2 x 8.39 x 205 x -3.98 x -6.81 x 7.4 x 18.4 x 28.6 x
FCF Yield 8.94% 11.9% 0.49% -25.1% -14.7% 13.5% 5.44% 3.49%
Price to Book 0.78 x 0.84 x 0.7 x 0.56 x 0.54 x 0.67 x 0.66 x 0.64 x
Nbr of stocks (in thousands) 32,915 32,913 32,912 32,992 33,076 33,075 - -
Reference price 2 2,060 2,285 1,995 1,607 1,521 1,970 1,970 1,970
Announcement Date 5/13/19 5/18/20 5/12/21 5/12/22 5/11/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 186,778 178,196 164,816 201,551 260,410 245,000 240,000 242,000
EBITDA 1 - 11,747 11,639 4,801 5,519 11,710 10,510 11,110
EBIT 1 5,663 6,661 6,687 -21 734 7,500 6,000 6,300
Operating Margin 3.03% 3.74% 4.06% -0.01% 0.28% 3.06% 2.5% 2.6%
Earnings before Tax (EBT) 1 6,215 7,524 8,186 2,632 1,756 7,500 6,000 6,300
Net income 1 4,749 5,203 5,253 1,953 986 5,300 4,250 4,450
Net margin 2.54% 2.92% 3.19% 0.97% 0.38% 2.16% 1.77% 1.84%
EPS 2 144.3 158.1 159.6 59.24 29.82 160.2 128.5 134.5
Free Cash Flow 1 7,916 10,395 378 -20,435 -13,748 13,135 5,115 3,240
FCF margin 4.24% 5.83% 0.23% -10.14% -5.28% 5.36% 2.13% 1.34%
FCF Conversion (EBITDA) - 88.49% 3.25% - - 112.17% 48.67% 29.16%
FCF Conversion (Net income) 166.69% 199.79% 7.2% - - 247.83% 120.35% 72.81%
Dividend per Share 2 45.00 50.00 50.00 50.00 20.00 60.00 60.00 60.00
Announcement Date 5/13/19 5/18/20 5/12/21 5/12/22 5/11/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4
Net sales 1 90,520 78,321 47,893 94,059 54,511 52,981 60,017 62,948 122,965 71,715 65,730 63,584 61,086 124,670 63,423 57,700
EBITDA - - - - - - - - - - - - - - - -
EBIT 1 4,184 2,794 267 57 135 -213 711 -861 -150 -203 1,087 2,355 2,584 4,939 1,209 500
Operating Margin 4.62% 3.57% 0.56% 0.06% 0.25% -0.4% 1.18% -1.37% -0.12% -0.28% 1.65% 3.7% 4.23% 3.96% 1.91% 0.87%
Earnings before Tax (EBT) 1 4,735 3,053 - 1,037 1,123 - 762 -987 -225 533 - 2,310 2,663 4,973 2,455 500
Net income 1 3,234 2,122 -24 768 778 407 533 -697 -164 475 675 1,609 1,815 3,424 1,898 400
Net margin 3.57% 2.71% -0.05% 0.82% 1.43% 0.77% 0.89% -1.11% -0.13% 0.66% 1.03% 2.53% 2.97% 2.75% 2.99% 0.69%
EPS 98.26 64.48 - 23.31 23.60 - 16.12 - -4.980 14.39 - 48.65 - 103.5 57.37 -
Dividend per Share 25.00 25.00 - 25.00 - - - - 10.00 - - - - 30.00 - -
Announcement Date 11/5/19 11/4/20 11/4/21 11/4/21 2/3/22 5/12/22 8/5/22 11/8/22 11/8/22 2/3/23 5/11/23 8/9/23 11/9/23 11/9/23 2/8/24 -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 20,712 12,008 11,901 28,317 43,304 32,104 28,924 27,628
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - 1.022 x 1.023 x 5.898 x 7.846 x 2.742 x 2.752 x 2.487 x
Free Cash Flow 1 7,916 10,395 378 -20,435 -13,748 13,135 5,115 3,240
ROE (net income / shareholders' equity) 5.6% 5.9% 5.7% 2.1% 1% 5.5% 4.3% 4.4%
ROA (Net income/ Total Assets) 4.18% 4.95% 4.85% 0.37% 0.84% 4.3% 3.5% 3.6%
Assets 1 113,595 105,182 108,298 521,356 116,837 123,256 121,429 123,611
Book Value Per Share 2 2,638 2,714 2,859 2,846 2,837 2,938 3,006 3,081
Cash Flow per Share 295.0 313.0 310.0 205.0 174.0 - - -
Capex 1 5,159 4,252 3,892 5,129 5,060 5,300 5,000 4,800
Capex / Sales 2.76% 2.39% 2.36% 2.54% 1.94% 2.16% 2.08% 1.98%
Announcement Date 5/13/19 5/18/20 5/12/21 5/12/22 5/11/23 - - -
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
HOLD
Number of Analysts
1
Last Close Price
1,970 JPY
Average target price
1,900 JPY
Spread / Average Target
-3.55%
Consensus
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  4. Financials J-Oil Mills, Inc.