Financials Miyaji Engineering Group,Inc.

Equities

3431

JP3908700002

Construction & Engineering

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
3,930 JPY -0.25% Intraday chart for Miyaji Engineering Group,Inc. +0.51% +22.81%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 13,789 12,727 11,025 16,123 23,547 25,451
Enterprise Value (EV) 1 4,630 6,975 3,328 10,612 8,009 11,917
P/E ratio 6.61 x 3.53 x 4.21 x 4.23 x 6.91 x 8.27 x
Yield 1.97% 3.21% 3.7% 3.38% 4.05% 3.74%
Capitalization / Revenue 0.29 x 0.24 x 0.17 x 0.29 x 0.41 x 0.42 x
EV / Revenue 0.1 x 0.13 x 0.05 x 0.19 x 0.14 x 0.2 x
EV / EBITDA 1.12 x 1.42 x 0.56 x 1.63 x 1.16 x 1.94 x
EV / FCF 0.84 x -2.05 x 1.91 x -3.14 x 0.81 x -12.5 x
FCF Yield 119% -48.8% 52.2% -31.9% 124% -8.03%
Price to Book 0.65 x 0.52 x 0.42 x 0.53 x 0.71 x 0.72 x
Nbr of stocks (in thousands) 13,612 13,612 13,611 13,611 13,611 13,610
Reference price 2 1,013 935.0 810.0 1,184 1,730 1,870
Announcement Date 6/27/18 6/26/19 6/25/20 6/25/21 6/28/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 47,128 52,062 63,841 55,268 58,002 60,279
EBITDA 1 4,137 4,919 5,918 6,505 6,908 6,154
EBIT 1 3,519 4,351 5,241 5,501 5,810 5,129
Operating Margin 7.47% 8.36% 8.21% 9.95% 10.02% 8.51%
Earnings before Tax (EBT) 1 3,546 4,501 4,418 5,894 5,963 5,319
Net income 1 2,085 3,608 2,616 3,808 3,406 3,077
Net margin 4.42% 6.93% 4.1% 6.89% 5.87% 5.1%
EPS 2 153.2 265.1 192.2 279.8 250.3 226.1
Free Cash Flow 1 5,525 -3,407 1,738 -3,381 9,892 -956.5
FCF margin 11.72% -6.54% 2.72% -6.12% 17.06% -1.59%
FCF Conversion (EBITDA) 133.56% - 29.38% - 143.2% -
FCF Conversion (Net income) 265.01% - 66.46% - 290.44% -
Dividend per Share 2 20.00 30.00 30.00 40.00 70.00 70.00
Announcement Date 6/27/18 6/26/19 6/25/20 6/25/21 6/28/22 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 30,179 28,017 26,318 16,452 12,370 27,951 15,855 15,684 31,694 20,615
EBITDA - - - - - - - - - -
EBIT 1 2,398 3,215 2,755 1,914 835 3,184 1,113 1,230 2,951 3,850
Operating Margin 7.95% 11.48% 10.47% 11.63% 6.75% 11.39% 7.02% 7.84% 9.31% 18.68%
Earnings before Tax (EBT) 1 2,253 3,355 2,822 1,977 919 3,299 1,197 1,364 3,280 3,698
Net income 1 1,361 2,109 1,539 1,067 593 1,911 716 687 1,776 1,925
Net margin 4.51% 7.53% 5.85% 6.49% 4.79% 6.84% 4.52% 4.38% 5.6% 9.34%
EPS 2 100.0 155.0 113.1 78.36 43.64 140.4 52.61 50.54 130.5 10.95
Dividend per Share - - - - - 30.00 - - 85.00 -
Announcement Date 11/8/19 11/6/20 11/5/21 2/8/22 8/9/22 11/9/22 2/8/23 8/9/23 11/9/23 2/9/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 9,159 5,752 7,697 5,511 15,538 13,534
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 5,525 -3,407 1,739 -3,381 9,892 -957
ROE (net income / shareholders' equity) 11.5% 17.2% 11% 14.2% 11.9% 9.46%
ROA (Net income/ Total Assets) 4.31% 4.92% 5.68% 5.71% 5.93% 5.13%
Assets 1 48,428 73,406 46,050 66,692 57,476 59,928
Book Value Per Share 2 1,563 1,790 1,922 2,215 2,452 2,609
Cash Flow per Share 2 945.0 751.0 863.0 626.0 1,174 1,000
Capex 1 850 386 1,992 2,597 1,031 1,100
Capex / Sales 1.8% 0.74% 3.12% 4.7% 1.78% 1.82%
Announcement Date 6/27/18 6/26/19 6/25/20 6/25/21 6/28/22 6/29/23
1JPY in Million2JPY
Estimates
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