Financials Japan Communications Inc.

Equities

9424

JP3729600001

Wireless Telecommunications Services

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
200 JPY 0.00% Intraday chart for Japan Communications Inc. +4.17% -12.28%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 18,681 17,966 26,115 42,375 34,820 40,754
Enterprise Value (EV) 1 17,860 17,378 25,494 41,359 33,892 39,191
P/E ratio -7.8 x -35.7 x -30.8 x -155 x 120 x 59.5 x
Yield - - - - - -
Capitalization / Revenue 6.16 x 5.11 x 7.44 x 12.1 x 7.51 x 6.71 x
EV / Revenue 5.89 x 4.94 x 7.26 x 11.8 x 7.31 x 6.45 x
EV / EBITDA -21.4 x -36.5 x -40.9 x -172 x 112 x 48 x
EV / FCF -21.6 x -55.6 x -59.8 x 78 x -77.7 x 85.7 x
FCF Yield -4.63% -1.8% -1.67% 1.28% -1.29% 1.17%
Price to Book 20.7 x 28 x 49.1 x 141 x 48.5 x 27.2 x
Nbr of stocks (in thousands) 158,313 160,413 164,243 164,243 164,243 164,994
Reference price 2 118.0 112.0 159.0 258.0 212.0 247.0
Announcement Date 6/28/18 6/27/19 6/25/20 6/28/21 6/29/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 3,034 3,518 3,510 3,497 4,634 6,074
EBITDA 1 -833 -476 -624 -241 302 816
EBIT 1 -1,093 -502 -671 -249 280 741
Operating Margin -36.03% -14.27% -19.12% -7.12% 6.04% 12.2%
Earnings before Tax (EBT) 1 -2,292 -495 -836 -270 299 779
Net income 1 -2,348 -499 -840 -273 294 690
Net margin -77.39% -14.18% -23.93% -7.81% 6.34% 11.36%
EPS 2 -15.14 -3.139 -5.166 -1.662 1.770 4.150
Free Cash Flow 1 -827.2 -312.6 -426.6 530.1 -436.2 457.5
FCF margin -27.27% -8.89% -12.15% 15.16% -9.41% 7.53%
FCF Conversion (EBITDA) - - - - - 56.07%
FCF Conversion (Net income) - - - - - 66.3%
Dividend per Share - - - - - -
Announcement Date 6/28/18 6/27/19 6/25/20 6/28/21 6/29/22 6/29/23
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 2024 Q1 2024 S1 2024 Q3
Net sales 1 1,872 1,558 2,204 1,182 1,353 2,762 1,559 1,715 3,503 1,884
EBITDA - - - - - - - - - -
EBIT 1 -304 -390 52 147 158 293 249 267 532 278
Operating Margin -16.24% -25.03% 2.36% 12.44% 11.68% 10.61% 15.97% 15.57% 15.19% 14.76%
Earnings before Tax (EBT) 1 -336 -424 56 149 180 335 233 651 934 269
Net income 1 -338 -426 64 153 161 301 210 597 819 243
Net margin -18.06% -27.34% 2.9% 12.94% 11.9% 10.9% 13.47% 34.81% 23.38% 12.9%
EPS 2 -2.090 -2.590 0.3900 0.9300 0.9800 1.830 1.270 3.610 4.960 1.480
Dividend per Share - - - - - - - - - -
Announcement Date 11/7/19 11/5/20 11/4/21 2/3/22 8/4/22 11/10/22 2/9/23 8/3/23 11/9/23 2/8/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 821 588 621 1,016 928 1,563
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -827 -313 -427 530 -436 458
ROE (net income / shareholders' equity) -177% -64.1% -140% -61.9% 48% 57.1%
ROA (Net income/ Total Assets) -20% -16.8% -26.5% -9.32% 9.21% 18.6%
Assets 1 11,757 2,971 3,173 2,928 3,193 3,713
Book Value Per Share 2 5.690 4.000 3.240 1.830 4.370 9.080
Cash Flow per Share 2 6.060 4.010 3.960 6.240 5.650 9.580
Capex 1 22 60 14 19 98 40
Capex / Sales 0.73% 1.71% 0.4% 0.54% 2.11% 0.66%
Announcement Date 6/28/18 6/27/19 6/25/20 6/28/21 6/29/22 6/29/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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