Financials Japan System Techniques Co., Ltd.

Equities

4323

JP3712550007

Software

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
1,664 JPY -1.01% Intraday chart for Japan System Techniques Co., Ltd. -1.42% +10.56%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 6,943 7,410 5,369 8,150 15,638 22,076
Enterprise Value (EV) 1 4,195 4,712 2,770 3,705 9,182 14,870
P/E ratio 12 x 23.4 x -179 x 14.1 x 11.4 x 12.5 x
Yield 1.89% 1.98% 2.77% 1.84% 1.57% 1.5%
Capitalization / Revenue 0.44 x 0.44 x 0.3 x 0.43 x 0.73 x 0.94 x
EV / Revenue 0.27 x 0.28 x 0.15 x 0.2 x 0.43 x 0.63 x
EV / EBITDA 4.67 x 4.64 x 2.29 x 2.56 x 4.19 x 5.79 x
EV / FCF 8.37 x 2.81 x 12 x 2 x 10.1 x 24.3 x
FCF Yield 11.9% 35.6% 8.35% 50% 9.89% 4.12%
Price to Book 1.12 x 1.17 x 0.88 x 1.2 x 1.71 x 2.05 x
Nbr of stocks (in thousands) 20,992 20,992 21,264 21,447 24,530 24,528
Reference price 2 330.8 353.0 252.5 380.0 637.5 900.0
Announcement Date 6/27/18 6/24/19 6/25/20 6/28/21 6/24/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 15,630 16,868 18,019 18,789 21,399 23,519
EBITDA 1 898 1,016 1,212 1,445 2,191 2,569
EBIT 1 742 856 971 1,217 2,000 2,384
Operating Margin 4.75% 5.07% 5.39% 6.48% 9.35% 10.14%
Earnings before Tax (EBT) 1 778 486 284 963 1,963 2,449
Net income 1 579 317 -30 578 1,330 1,772
Net margin 3.7% 1.88% -0.17% 3.08% 6.22% 7.53%
EPS 2 27.58 15.10 -1.409 26.95 56.14 72.24
Free Cash Flow 1 501.1 1,677 231.4 1,854 908.4 612
FCF margin 3.21% 9.94% 1.28% 9.87% 4.24% 2.6%
FCF Conversion (EBITDA) 55.8% 165.03% 19.09% 128.29% 41.46% 23.82%
FCF Conversion (Net income) 86.55% 528.94% - 320.72% 68.3% 34.54%
Dividend per Share 2 6.250 7.000 7.000 7.000 10.00 13.50
Announcement Date 6/27/18 6/24/19 6/25/20 6/28/21 6/24/22 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 8,610 8,042 10,042 4,943 5,119 11,004 5,631 5,640 12,132 6,395
EBITDA - - - - - - - - - -
EBIT 1 190 23 992 305 261 1,003 556 122 1,003 611
Operating Margin 2.21% 0.29% 9.88% 6.17% 5.1% 9.11% 9.87% 2.16% 8.27% 9.55%
Earnings before Tax (EBT) 1 -519 -283 1,004 327 289 1,037 568 134 1,008 640
Net income 1 -552 -309 686 228 223 737 430 61 651 448
Net margin -6.41% -3.84% 6.83% 4.61% 4.36% 6.7% 7.64% 1.08% 5.37% 7.01%
EPS 2 -26.04 -14.43 30.11 8.925 9.128 30.08 17.50 2.525 26.55 18.26
Dividend per Share - - - - - - - - - -
Announcement Date 11/8/19 11/10/20 11/10/21 2/10/22 8/10/22 11/10/22 2/10/23 8/10/23 11/10/23 2/13/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2,748 2,698 2,599 4,445 6,456 7,206
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 501 1,677 231 1,854 908 612
ROE (net income / shareholders' equity) 9.6% 4.9% -0.57% 8.91% 16.6% 17.8%
ROA (Net income/ Total Assets) 4.11% 4.14% 4.58% 5.89% 8.8% 9.04%
Assets 1 14,102 7,652 -655.2 9,821 15,109 19,594
Book Value Per Share 2 295.0 301.0 288.0 317.0 373.0 439.0
Cash Flow per Share 2 143.0 201.0 182.0 225.0 264.0 294.0
Capex 1 21 86 65 81 51 81
Capex / Sales 0.13% 0.51% 0.36% 0.43% 0.24% 0.34%
Announcement Date 6/27/18 6/24/19 6/25/20 6/28/21 6/24/22 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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