MEMBERS CO., LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 902 JPY | +1.12% |
|
+4.40% | -6.33% |
| Feb. 09 | Members Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024 | CI |
| Jan. 12 | Tranche Update on Members Co., Ltd.'s Equity Buyback Plan announced on October 27, 2023. | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 22,016 | 17,370 | 32,159 | 41,801 | 17,444 | 11,750 | - | - |
| Enterprise Value (EV) 1 | 19,660 | 14,715 | 28,018 | 37,172 | 13,626 | 11,750 | 11,750 | 11,750 |
| P/E ratio | 35.3 x | 20.1 x | 35.8 x | 29.8 x | 17.2 x | -237 x | 56 x | 25.6 x |
| Yield | 0.67% | 1.04% | 0.7% | 0.78% | 2.28% | 3.44% | 3.44% | 3.44% |
| Capitalization / Revenue | 2.49 x | 1.64 x | 2.66 x | 2.8 x | 0.99 x | 0.59 x | 0.52 x | 0.47 x |
| EV / Revenue | 2.49 x | 1.64 x | 2.66 x | 2.8 x | 0.99 x | 0.59 x | 0.52 x | 0.47 x |
| EV / EBITDA | - | - | 19,944,076 x | 18,636,300 x | - | - | - | - |
| EV / FCF | - | - | 18.1 x | 26.9 x | 74.7 x | 90.4 x | 56 x | 25.5 x |
| FCF Yield | - | - | 5.53% | 3.72% | 1.34% | 1.11% | 1.79% | 3.92% |
| Price to Book | 6.51 x | 4.21 x | 6.97 x | 7.14 x | 2.69 x | 1.95 x | 2.08 x | 1.96 x |
| Nbr of stocks (in thousands) | 12,763 | 12,848 | 12,889 | 13,042 | 13,286 | 13,026 | - | - |
| Reference price 2 | 1,725 | 1,352 | 2,495 | 3,205 | 1,313 | 902.0 | 902.0 | 902.0 |
| Announcement Date | 5/10/19 | 5/8/20 | 5/7/21 | 5/10/22 | 5/10/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,857 | 10,607 | 12,087 | 14,938 | 17,662 | 20,000 | 22,500 | 25,000 |
| EBITDA | - | - | 1,612 | 2,243 | - | - | - | - |
| EBIT 1 | 968 | 1,249 | 1,261 | 1,876 | 1,441 | -100 | 300 | 650 |
| Operating Margin | 10.93% | 11.78% | 10.43% | 12.56% | 8.16% | -0.5% | 1.33% | 2.6% |
| Earnings before Tax (EBT) 1 | 968 | 1,240 | 1,248 | 1,896 | 1,399 | -60 | 300 | 650 |
| Net income 1 | 619 | 861 | 896 | 1,404 | 1,010 | -50 | 210 | 460 |
| Net margin | 6.99% | 8.12% | 7.41% | 9.4% | 5.72% | -0.25% | 0.93% | 1.84% |
| EPS 2 | 48.88 | 67.17 | 69.69 | 107.7 | 76.29 | -3.800 | 16.10 | 35.30 |
| Free Cash Flow 1 | - | - | 1,777 | 1,555 | 233.6 | 130 | 210 | 460 |
| FCF margin | - | - | 14.7% | 10.41% | 1.32% | 0.65% | 0.93% | 1.84% |
| FCF Conversion (EBITDA) | - | - | 110.19% | 69.32% | - | - | - | - |
| FCF Conversion (Net income) | - | - | 198.31% | 110.74% | 23.12% | - | 100% | 100% |
| Dividend per Share 2 | 11.50 | 14.00 | 17.50 | 25.00 | 30.00 | 31.00 | 31.00 | 31.00 |
| Announcement Date | 5/10/19 | 5/8/20 | 5/7/21 | 5/10/22 | 5/10/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2021 S1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,899 | 5,411 | 3,686 | 6,795 | 3,797 | 4,346 | 3,831 | 4,382 | 8,213 | 4,397 | 5,052 | - | 4,498 | 5,118 | 9,616 | 4,968 | 5,416 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 350 | 146 | 357 | 366 | 626 | 884 | -67 | 355 | 288 | 319 | 834 | - | -562 | 11 | -551 | -18 | 469 |
| Operating Margin | 7.14% | 2.7% | 9.69% | 5.39% | 16.49% | 20.34% | -1.75% | 8.1% | 3.51% | 7.25% | 16.51% | - | -12.49% | 0.21% | -5.73% | -0.36% | 8.66% |
| Earnings before Tax (EBT) 1 | 347 | 142 | 356 | 364 | 625 | 907 | -93 | 330 | 237 | 321 | 841 | - | -548 | -14 | -562 | 29 | 473 |
| Net income 1 | 218 | 119 | 241 | 259 | 428 | 717 | -67 | 224 | 157 | 222 | 631 | - | -389 | -9 | -398 | 16 | 332 |
| Net margin | 4.45% | 2.2% | 6.54% | 3.81% | 11.27% | 16.5% | -1.75% | 5.11% | 1.91% | 5.05% | 12.49% | - | -8.65% | -0.18% | -4.14% | 0.32% | 6.13% |
| EPS | 17.08 | 9.300 | - | 19.97 | 32.80 | - | -5.100 | - | 11.87 | 16.72 | - | - | -29.71 | - | -30.37 | 1.240 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | 30.00 | - | - | - | - | - |
| Announcement Date | 10/31/19 | 10/30/20 | 10/29/21 | 10/29/21 | 2/2/22 | 5/10/22 | 7/29/22 | 10/31/22 | 10/31/22 | 2/2/23 | 5/10/23 | 5/10/23 | 7/31/23 | 10/31/23 | 10/31/23 | 2/2/24 | - |
1JPY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | 2,356 | 2,655 | 4,141 | 4,629 | 3,818 | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 1,777 | 1,555 | 234 | 130 | 210 | 460 |
| ROE (net income / shareholders' equity) | 19.7% | 22.9% | 20.5% | 26.7% | 16.5% | -0.8% | 3.7% | 7.7% |
| ROA (Net income/ Total Assets) | 17.3% | 18.4% | 15.5% | 19.9% | 12.9% | - | - | - |
| Assets 1 | 3,573 | 4,672 | 5,764 | 7,054 | 7,840 | - | - | - |
| Book Value Per Share 2 | 265.0 | 321.0 | 358.0 | 449.0 | 487.0 | 461.0 | 433.0 | 460.0 |
| Cash Flow per Share 2 | 68.40 | 90.60 | 96.90 | 136.0 | 113.0 | 38.30 | 63.20 | 87.00 |
| Capex 1 | - | - | - | - | 254 | 553 | 613 | 673 |
| Capex / Sales | - | - | - | - | 1.44% | 2.76% | 2.72% | 2.69% |
| Announcement Date | 5/10/19 | 5/8/20 | 5/7/21 | 5/10/22 | 5/10/23 | - | - | - |
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
Sell
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
902
JPY
Average target price
1,000
JPY
Spread / Average Target
+10.86%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -6.33% | 74.64M | |
| -12.23% | 194B | |
| +0.74% | 166B | |
| +2.19% | 153B | |
| +4.34% | 99.85B | |
| +7.04% | 77.56B | |
| +19.09% | 73.55B | |
| -7.30% | 71B | |
| -20.54% | 52.81B | |
| +0.53% | 47.86B |
- Stock Market
- Equities
- 2130 Stock
- Financials Members Co., Ltd.
