Financials Japan Pulp and Paper Company Limited

Equities

8032

JP3694000005

Paper Products

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
5,470 JPY +1.86% Intraday chart for Japan Pulp and Paper Company Limited +4.99% +9.84%

Valuation

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Capitalization 1 60,528 58,487 51,462 49,905 53,166 70,650
Enterprise Value (EV) 1 172,315 171,906 180,250 159,561 158,091 158,695
P/E ratio 10.1 x 15.2 x 10.4 x 13.7 x 4.63 x 2.79 x
Yield 2.33% 2.65% 2.92% 3.01% 2.96% 2.33%
Capitalization / Revenue 0.12 x 0.11 x 0.1 x 0.11 x 0.12 x 0.13 x
EV / Revenue 0.33 x 0.32 x 0.34 x 0.34 x 0.36 x 0.29 x
EV / EBITDA 10.5 x 9.47 x 8.89 x 8.57 x 6.57 x 5.37 x
EV / FCF -14.9 x 39.4 x 54.1 x 6.59 x 44.1 x -20 x
FCF Yield -6.7% 2.54% 1.85% 15.2% 2.27% -4.99%
Price to Book 0.69 x 0.67 x 0.64 x 0.6 x 0.57 x 0.6 x
Nbr of stocks (in thousands) 14,093 14,093 13,650 13,673 13,703 13,718
Reference price 2 4,295 4,150 3,770 3,650 3,880 5,150
Announcement Date 6/28/18 6/26/19 6/29/20 6/28/21 6/27/22 6/23/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 521,526 535,495 534,782 462,922 444,757 545,279
EBITDA 1 16,344 18,162 20,281 18,610 24,050 29,542
EBIT 1 10,125 10,805 10,924 8,896 14,064 20,264
Operating Margin 1.94% 2.02% 2.04% 1.92% 3.16% 3.72%
Earnings before Tax (EBT) 1 10,751 8,337 10,720 8,215 19,084 39,564
Net income 1 6,204 3,871 5,053 3,649 11,499 25,392
Net margin 1.19% 0.72% 0.94% 0.79% 2.59% 4.66%
EPS 2 426.8 273.1 363.4 266.1 837.6 1,847
Free Cash Flow 1 -11,539 4,364 3,334 24,225 3,589 -7,926
FCF margin -2.21% 0.82% 0.62% 5.23% 0.81% -1.45%
FCF Conversion (EBITDA) - 24.03% 16.44% 130.17% 14.92% -
FCF Conversion (Net income) - 112.75% 65.99% 663.89% 31.21% -
Dividend per Share 2 100.0 110.0 110.0 110.0 115.0 120.0
Announcement Date 6/28/18 6/26/19 6/29/20 6/28/21 6/27/22 6/23/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 S1 2024 Q3
Net sales 1 264,384 270,398 224,787 105,799 208,029 113,912 122,816 236,728 125,751 266,324 155,530 123,425 278,955 135,902 271,375 140,182
EBITDA - - - - - - - - - - - - - - - -
EBIT 1 5,544 5,380 3,643 3,241 6,316 4,046 3,702 7,748 4,044 9,537 6,801 - - 4,654 8,867 5,295
Operating Margin 2.1% 1.99% 1.62% 3.06% 3.04% 3.55% 3.01% 3.27% 3.22% 3.58% 4.37% - - 3.42% 3.27% 3.78%
Earnings before Tax (EBT) 1 5,886 4,834 3,346 3,527 13,240 1,786 - - 20,966 27,087 6,889 - - 5,091 9,509 5,162
Net income 1 3,348 1,705 1,630 1,970 8,454 82 2,963 3,045 13,888 17,830 4,104 - - 2,839 5,324 2,946
Net margin 1.27% 0.63% 0.73% 1.86% 4.06% 0.07% 2.41% 1.29% 11.04% 6.69% 2.64% - - 2.09% 1.96% 2.1%
EPS 2 238.5 126.5 119.2 143.6 617.4 5.870 216.3 222.1 1,013 1,300 299.1 - - 206.9 388.1 228.8
Dividend per Share 55.00 - 55.00 - 55.00 - - - - 60.00 - - - - 65.00 -
Announcement Date 11/8/19 5/20/20 11/10/20 11/10/21 11/10/21 2/8/22 5/13/22 5/13/22 8/9/22 11/8/22 2/8/23 5/15/23 5/15/23 8/7/23 11/8/23 2/9/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 111,787 113,419 128,788 109,656 104,925 88,045
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 6.84 x 6.245 x 6.35 x 5.892 x 4.363 x 2.98 x
Free Cash Flow 1 -11,539 4,365 3,334 24,225 3,589 -7,926
ROE (net income / shareholders' equity) 8.19% 5.13% 6.94% 5.53% 13.3% 23.5%
ROA (Net income/ Total Assets) 2.02% 1.96% 1.97% 1.67% 2.66% 3.5%
Assets 1 306,931 197,168 255,926 217,877 432,309 725,859
Book Value Per Share 2 6,186 6,159 5,894 6,112 6,780 8,633
Cash Flow per Share 2 485.0 557.0 559.0 852.0 949.0 2,270
Capex 1 10,042 13,027 8,082 5,092 4,256 8,072
Capex / Sales 1.93% 2.43% 1.51% 1.1% 0.96% 1.48%
Announcement Date 6/28/18 6/26/19 6/29/20 6/28/21 6/27/22 6/23/23
1JPY in Million2JPY
Estimates
  1. Stock Market
  2. Equities
  3. 8032 Stock
  4. Financials Japan Pulp and Paper Company Limited