Financials Kansai Food Market Ltd.

Equities

9919

JP3227900002

Food Retail & Distribution

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
1,880 JPY +2.01% Intraday chart for Kansai Food Market Ltd. +0.64% +30.65%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 35,500 32,419 31,052 33,717 72,266 86,630
Enterprise Value (EV) 1 31,984 27,437 28,317 30,404 83,953 97,407
P/E ratio 28.6 x 23.7 x 19 x 17 x 5.81 x 20.5 x
Yield 1.42% 1.55% 1.57% 1.42% 1.31% 1.07%
Capitalization / Revenue 0.29 x 0.26 x 0.25 x 0.26 x 0.25 x 0.23 x
EV / Revenue 0.26 x 0.22 x 0.22 x 0.23 x 0.3 x 0.26 x
EV / EBITDA 9.14 x 7.47 x 7.06 x 6.58 x 8.68 x 8.7 x
EV / FCF 8.53 x 24.7 x -45.9 x 20.1 x 6.48 x 31.6 x
FCF Yield 11.7% 4.05% -2.18% 4.99% 15.4% 3.16%
Price to Book 1.07 x 0.97 x 0.93 x 0.97 x 1.11 x 1.3 x
Nbr of stocks (in thousands) 31,444 31,444 30,443 30,024 58,993 57,792
Reference price 2 1,129 1,031 1,020 1,123 1,225 1,499
Announcement Date 6/21/18 6/20/19 6/25/20 6/28/21 6/21/22 6/20/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 122,713 123,649 126,184 130,940 284,265 374,018
EBITDA 1 3,501 3,671 4,010 4,622 9,668 11,190
EBIT 1 2,052 1,988 2,254 2,731 5,803 5,920
Operating Margin 1.67% 1.61% 1.79% 2.09% 2.04% 1.58%
Earnings before Tax (EBT) 1 2,021 2,017 2,091 2,963 9,670 2,933
Net income 1 1,242 1,370 1,682 2,005 8,368 4,262
Net margin 1.01% 1.11% 1.33% 1.53% 2.94% 1.14%
EPS 2 39.50 43.57 53.78 65.94 210.9 72.98
Free Cash Flow 1 3,749 1,110 -617.2 1,516 12,949 3,078
FCF margin 3.06% 0.9% -0.49% 1.16% 4.56% 0.82%
FCF Conversion (EBITDA) 107.09% 30.25% - 32.79% 133.93% 27.51%
FCF Conversion (Net income) 301.87% 81.05% - 75.6% 154.74% 72.22%
Dividend per Share 2 16.00 16.00 16.00 16.00 16.00 16.00
Announcement Date 6/21/18 6/20/19 6/25/20 6/28/21 6/21/22 6/20/23
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 62,719 65,530 65,140 127,648 90,979 184,941 98,252 93,387 191,117 100,737
EBITDA - - - - - - - - - -
EBIT 1 961 1,884 1,184 2,843 515 1,839 2,760 2,020 4,691 3,247
Operating Margin 1.53% 2.88% 1.82% 2.23% 0.57% 0.99% 2.81% 2.16% 2.45% 3.22%
Earnings before Tax (EBT) 1 1,142 2,037 1,335 2,246 424 1,463 2,676 1,898 4,643 1,391
Net income 1 784 1,368 894 2,025 136 787 2,055 1,460 4,057 1,051
Net margin 1.25% 2.09% 1.37% 1.59% 0.15% 0.43% 2.09% 1.56% 2.12% 1.04%
EPS 2 24.94 44.95 29.82 57.99 2.320 13.39 35.13 25.41 70.76 18.44
Dividend per Share 8.000 8.000 8.000 - - 8.000 - - 8.000 -
Announcement Date 10/30/19 10/30/20 11/10/21 2/9/22 8/3/22 11/1/22 2/3/23 8/1/23 11/1/23 2/1/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 11,687 10,777
Net Cash position 1 3,516 4,982 2,735 3,313 - -
Leverage (Debt/EBITDA) - - - - 1.209 x 0.9631 x
Free Cash Flow 1 3,749 1,110 -617 1,516 12,949 3,078
ROE (net income / shareholders' equity) 3.8% 4.12% 5.03% 5.9% 16.8% 6.48%
ROA (Net income/ Total Assets) 2.18% 2.08% 2.48% 3.11% 3.59% 2.53%
Assets 1 57,051 65,726 67,861 64,374 232,794 168,699
Book Value Per Share 2 1,050 1,066 1,095 1,154 1,102 1,152
Cash Flow per Share 2 373.0 374.0 261.0 229.0 163.0 181.0
Capex 1 2,549 2,368 972 2,439 3,265 4,081
Capex / Sales 2.08% 1.92% 0.77% 1.86% 1.15% 1.09%
Announcement Date 6/21/18 6/20/19 6/25/20 6/28/21 6/21/22 6/20/23
1JPY in Million2JPY
Estimates
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