Financials Japan Elevator Service Holdings Co.,Ltd.

Equities

6544

JP3389510003

Business Support Services

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
2,509 JPY +0.04% Intraday chart for Japan Elevator Service Holdings Co.,Ltd. +6.36% +7.31%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 90,614 100,617 210,806 141,887 191,298 223,446 - -
Enterprise Value (EV) 1 93,420 104,369 213,534 147,003 196,990 228,482 225,919 222,507
P/E ratio 71.4 x 59 x 86.5 x 52 x 60.6 x 51.3 x 41.3 x 32.4 x
Yield 0.58% 0.73% 0.5% 0.88% 0.79% 0.92% 1.13% 1.47%
Capitalization / Revenue 5.06 x 4.72 x 8.6 x 4.77 x 5.48 x 5.36 x 4.59 x 3.98 x
EV / Revenue 5.22 x 4.89 x 8.71 x 4.94 x 5.64 x 5.48 x 4.64 x 3.97 x
EV / EBITDA 36.3 x 30.9 x - - 30.4 x 26.4 x 21.6 x 17.5 x
EV / FCF 121 x 1,070 x - 103 x 265 x 30.7 x 40.2 x 31.9 x
FCF Yield 0.82% 0.09% - 0.97% 0.38% 3.26% 2.49% 3.13%
Price to Book 23.2 x 19.6 x 20.5 x 12.2 x 14.2 x 13.7 x 11.4 x 9.45 x
Nbr of stocks (in thousands) 80,581 81,077 88,574 88,735 89,059 89,058 - -
Reference price 2 1,124 1,241 2,380 1,599 2,148 2,509 2,509 2,509
Announcement Date 5/9/19 5/11/20 5/12/21 5/12/22 5/12/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 17,900 21,339 24,521 29,751 34,907 41,724 48,674 56,117
EBITDA 1 2,576 3,382 - - 6,485 8,650 10,436 12,702
EBIT 1 2,034 2,717 3,612 4,113 5,010 6,816 8,435 10,641
Operating Margin 11.36% 12.73% 14.73% 13.82% 14.35% 16.33% 17.33% 18.96%
Earnings before Tax (EBT) 1 2,008 2,681 3,725 4,230 5,107 7,017 8,640 10,766
Net income 1 1,265 1,700 2,362 2,726 3,153 4,358 5,412 6,907
Net margin 7.07% 7.97% 9.63% 9.16% 9.03% 10.44% 11.12% 12.31%
EPS 2 15.75 21.02 27.51 30.73 35.47 48.87 60.71 77.44
Free Cash Flow 1 769 97.5 - 1,428 744.3 7,440 5,626 6,967
FCF margin 4.3% 0.46% - 4.8% 2.13% 17.83% 11.56% 12.41%
FCF Conversion (EBITDA) 29.86% 2.88% - - 11.48% 86.01% 53.91% 54.85%
FCF Conversion (Net income) 60.79% 5.74% - 52.38% 23.61% 170.73% 103.96% 100.87%
Dividend per Share 2 6.500 9.000 12.00 14.00 17.00 23.20 28.24 36.92
Announcement Date 5/9/19 5/11/20 5/12/21 5/12/22 5/12/23 - - -
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 2024 Q4
Net sales 1 10,370 10,967 13,906 7,764 7,818 15,987 9,291 9,629 9,494 10,393 19,887 10,600 10,897
EBITDA - - - - - - - - - - - - -
EBIT 1 1,210 1,617 1,828 1,117 963 2,073 1,428 1,509 1,308 1,697 3,005 1,767 1,911
Operating Margin 11.67% 14.74% 13.15% 14.39% 12.32% 12.97% 15.37% 15.67% 13.78% 16.33% 15.11% 16.67% 17.54%
Earnings before Tax (EBT) 1,205 1,717 1,937 1,118 1,075 2,182 1,428 - 1,328 - 3,036 1,758 -
Net income 728 1,105 1,212 687 694 1,401 905 - 837 - 1,930 1,121 -
Net margin 7.02% 10.08% 8.72% 8.85% 8.88% 8.76% 9.74% - 8.82% - 9.7% 10.58% -
EPS 9.030 13.28 13.66 7.750 7.830 15.79 10.17 - 9.400 - 21.68 12.59 -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 11/8/19 11/12/20 11/8/21 2/7/22 8/9/22 11/10/22 2/7/23 5/12/23 8/8/23 11/10/23 11/10/23 2/8/24 -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,806 3,752 2,728 5,116 5,692 5,036 2,473 -
Net Cash position 1 - - - - - - - 940
Leverage (Debt/EBITDA) 1.089 x 1.11 x - - 0.8777 x 0.5821 x 0.237 x -
Free Cash Flow 1 769 97.5 - 1,428 744 7,440 5,626 6,967
ROE (net income / shareholders' equity) 37.7% 37.6% 30.7% 24.9% 25.1% 28.2% 30.6% 31.6%
ROA (Net income/ Total Assets) 18.1% 21% 21.4% 18.4% 18.8% 13.9% 15% 16.7%
Assets 1 6,988 8,107 11,053 14,779 16,797 31,351 36,080 41,482
Book Value Per Share 2 48.40 63.30 116.0 131.0 152.0 184.0 219.0 266.0
Cash Flow per Share 22.50 28.90 36.90 41.20 49.00 - - -
Capex 1 459 2,253 3,003 2,843 2,657 2,580 2,132 2,280
Capex / Sales 2.56% 10.56% 12.25% 9.56% 7.61% 6.18% 4.38% 4.06%
Announcement Date 5/9/19 5/11/20 5/12/21 5/12/22 5/12/23 - - -
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
BUY
Number of Analysts
3
Last Close Price
2,509 JPY
Average target price
3,050 JPY
Spread / Average Target
+21.56%
Consensus
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