Financials MIRAIT ONE Corporation

Equities

1417

JP3910620008

Construction & Engineering

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
1,892 JPY -0.34% Intraday chart for MIRAIT ONE Corporation +0.72% +1.75%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 167,324 144,626 185,291 193,937 159,349 174,559 - -
Enterprise Value (EV) 1 159,095 127,872 150,652 193,115 187,978 174,559 174,559 174,559
P/E ratio 5.48 x 8.98 x 7.96 x 7.77 x 10.9 x 12.6 x 10.7 x 10.3 x
Yield 2.47% 2.97% 2.46% 2.82% 3.64% 3.36% 3.49% 3.54%
Capitalization / Revenue 0.45 x 0.33 x 0.4 x 0.41 x 0.33 x 0.33 x 0.3 x 0.29 x
EV / Revenue 0.45 x 0.33 x 0.4 x 0.41 x 0.33 x 0.33 x 0.3 x 0.29 x
EV / EBITDA - 5,094,452 x 4,997,734 x 4,888,892 x - - - -
EV / FCF -13,016,272 x -116,634,191 x 4,262,405 x -5,835,864 x -37,449,783 x - - -
FCF Yield -0% -0% 0% -0% -0% - - -
Price to Book 0.84 x 0.67 x 0.82 x 0.8 x 0.64 x 0.68 x - -
Nbr of stocks (in thousands) 103,478 107,369 101,418 99,506 96,634 92,286 - -
Reference price 2 1,617 1,347 1,827 1,949 1,649 1,892 1,892 1,892
Announcement Date 5/9/19 5/8/20 5/14/21 5/13/22 5/15/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 375,911 441,166 463,744 470,385 483,987 532,000 577,000 592,500
EBITDA - 28,389 37,075 39,669 - - - -
EBIT 1 20,699 21,993 30,129 32,804 21,803 20,000 23,000 23,500
Operating Margin 5.51% 4.99% 6.5% 6.97% 4.5% 3.76% 3.99% 3.97%
Earnings before Tax (EBT) 1 33,560 23,332 36,242 37,504 23,243 20,500 24,000 24,500
Net income 1 25,711 15,220 24,205 25,163 14,781 14,000 20,250 17,100
Net margin 6.84% 3.45% 5.22% 5.35% 3.05% 2.63% 3.51% 2.89%
EPS 2 295.3 149.9 229.6 250.8 151.2 150.6 177.5 184.0
Free Cash Flow -12,855 -1,240 43,471 -33,232 -4,255 - - -
FCF margin -3.42% -0.28% 9.37% -7.06% -0.88% - - -
FCF Conversion (EBITDA) - - 117.25% - - - - -
FCF Conversion (Net income) - - 179.6% - - - - -
Dividend per Share 2 40.00 40.00 45.00 55.00 60.00 63.50 66.00 67.00
Announcement Date 5/9/19 5/8/20 5/14/21 5/13/22 5/15/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2021 S2 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 1 182,973 191,788 271,956 111,305 211,851 112,747 145,787 258,534 95,336 106,749 202,085 118,621 163,281 281,902 100,524 116,116 216,640 127,222 182,138 309,360
EBITDA - - - - - - - - - - - - - - - - - - - -
EBIT 1 4,958 6,744 23,385 6,364 11,071 8,034 13,699 21,734 -1,147 2,046 899 5,209 15,695 20,904 889 1,475 2,364 2,603 15,033 17,636
Operating Margin 2.71% 3.52% 8.6% 5.72% 5.23% 7.13% 9.4% 8.41% -1.2% 1.92% 0.44% 4.39% 9.61% 7.42% 0.88% 1.27% 1.09% 2.05% 8.25% 5.7%
Earnings before Tax (EBT) 1 5,948 8,344 - 7,604 12,675 10,846 - - 223 2,094 2,317 5,066 - - 1,460 1,704 3,164 2,633 14,678 17,342
Net income 1 3,352 4,799 19,406 2,055 7,810 7,469 9,884 17,353 -815 1,231 416 2,887 11,478 14,365 -580 771 191 754 13,055 13,809
Net margin 1.83% 2.5% 7.14% 1.85% 3.69% 6.62% 6.78% 6.71% -0.85% 1.15% 0.21% 2.43% 7.03% 5.1% -0.58% 0.66% 0.09% 0.59% 7.17% 4.46%
EPS 33.44 44.69 - - 77.48 74.49 - - -8.250 - 4.240 29.43 - - -6.090 - 2.010 8.000 - -
Dividend per Share 20.00 22.50 - - 25.00 - - - - - 30.00 - - - - - 30.00 - - -
Announcement Date 11/1/19 11/12/20 5/14/21 11/12/21 11/12/21 2/10/22 5/13/22 5/13/22 8/10/22 11/11/22 11/11/22 2/10/23 5/15/23 5/15/23 8/10/23 11/10/23 11/10/23 2/13/24 - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - 28,629 - - -
Net Cash position 8,229 16,754 34,639 822 - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow -12,855 -1,240 43,471 -33,232 -4,255 - - -
ROE (net income / shareholders' equity) 15.4% 7.4% 11% 10.7% 6% 8.4% - -
ROA (Net income/ Total Assets) 7.74% 6.79% 8.93% 8.63% 5.15% 6.8% - -
Assets 1 331,993 224,164 271,070 291,562 287,060 205,882 - -
Book Value Per Share 2 1,934 2,006 2,232 2,447 2,574 2,776 - -
Cash Flow per Share 342.0 208.0 289.0 319.0 233.0 - - -
Capex 1 19,346 9,671 10,571 8,592 9,570 10,000 10,000 10,000
Capex / Sales 5.15% 2.19% 2.28% 1.83% 1.98% 1.88% 1.73% 1.69%
Announcement Date 5/9/19 5/8/20 5/14/21 5/13/22 5/15/23 - - -
1JPY in Million2JPY
Estimates
  1. Stock Market
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  4. Financials MIRAIT ONE Corporation