Financials NIPPON KANZAI Japan Exchange

Equities

9728

JP3695000004

Real Estate Services

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
2,588 JPY +1.01% Intraday chart for NIPPON KANZAI +3.23% +0.66%

Valuation

Fiscal Period: March 2017 2018 2019 2020 2021 2022
Capitalization 1 61,332 72,343 68,095 66,132 81,496 105,608
Enterprise Value (EV) 1 43,344 54,071 47,414 42,304 52,178 75,792
P/E ratio 14.5 x 16.3 x 15.8 x 15.1 x 15.4 x 17.1 x
Yield 2.23% 2% 2.53% 2.83% 2.39% 1.91%
Capitalization / Revenue 0.66 x 0.75 x 0.7 x 0.62 x 0.78 x 1.02 x
EV / Revenue 0.47 x 0.56 x 0.48 x 0.4 x 0.5 x 0.73 x
EV / EBITDA 6.93 x 8.3 x 6.69 x 5.58 x 6.3 x 9.16 x
EV / FCF 12.5 x 21.8 x 23.9 x 11.8 x 8.06 x 29.6 x
FCF Yield 7.99% 4.59% 4.18% 8.46% 12.4% 3.38%
Price to Book 1.54 x 1.64 x 1.5 x 1.28 x 1.46 x 1.75 x
Nbr of stocks (in thousands) 34,149 34,384 34,444 37,384 37,383 37,383
Reference price 2 1,796 2,104 1,977 1,769 2,180 2,825
Announcement Date 6/16/17 6/15/18 6/14/19 6/19/20 6/18/21 6/17/22
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2017 2018 2019 2020 2021 2022
Net sales 1 92,490 96,478 97,929 106,300 104,124 103,737
EBITDA 1 6,259 6,515 7,084 7,584 8,284 8,278
EBIT 1 5,522 5,772 6,363 6,855 7,548 7,501
Operating Margin 5.97% 5.98% 6.5% 6.45% 7.25% 7.23%
Earnings before Tax (EBT) 1 6,378 6,573 6,694 6,928 8,527 8,375
Net income 1 4,227 4,446 4,313 4,346 5,284 6,177
Net margin 4.57% 4.61% 4.4% 4.09% 5.07% 5.95%
EPS 2 123.5 129.3 124.8 117.3 141.3 165.2
Free Cash Flow 1 3,462 2,481 1,982 3,577 6,474 2,562
FCF margin 3.74% 2.57% 2.02% 3.37% 6.22% 2.47%
FCF Conversion (EBITDA) 55.31% 38.08% 27.98% 47.17% 78.14% 30.95%
FCF Conversion (Net income) 81.9% 55.79% 45.95% 82.31% 122.51% 41.48%
Dividend per Share 2 40.00 42.00 50.00 50.00 52.00 54.00
Announcement Date 6/16/17 6/15/18 6/14/19 6/19/20 6/18/21 6/17/22
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2019 S1 2020 S1 2021 S1 2021 Q3 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3
Net sales 1 46,256 52,446 49,459 25,631 23,662 49,883 25,503 25,604 53,736 28,588
EBITDA - - - - - - - - - -
EBIT 1 2,884 3,360 2,980 2,160 1,692 3,651 1,833 2,169 4,197 2,383
Operating Margin 6.23% 6.41% 6.03% 8.43% 7.15% 7.32% 7.19% 8.47% 7.81% 8.34%
Earnings before Tax (EBT) 1 3,042 3,450 3,212 2,414 1,805 4,154 2,050 2,474 4,747 2,166
Net income 1 1,894 2,160 1,980 1,573 1,123 3,433 1,334 1,632 3,068 1,347
Net margin 4.09% 4.12% 4% 6.14% 4.75% 6.88% 5.23% 6.37% 5.71% 4.71%
EPS 2 55.11 58.80 52.97 42.08 30.06 91.84 35.69 43.67 82.09 36.02
Dividend per Share 25.00 25.00 25.00 - - 27.00 - - 27.00 -
Announcement Date 10/31/18 10/31/19 11/5/20 2/2/21 8/3/21 11/4/21 2/3/22 8/4/22 11/7/22 2/7/23
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 17,988 18,272 20,681 23,828 29,318 29,816
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 3,462 2,481 1,982 3,577 6,474 2,562
ROE (net income / shareholders' equity) 10.8% 10.5% 9.39% 8.86% 9.8% 10.6%
ROA (Net income/ Total Assets) 5.71% 5.5% 5.62% 5.72% 5.94% 5.72%
Assets 1 73,977 80,819 76,753 75,925 88,926 107,976
Book Value Per Share 2 1,166 1,285 1,316 1,385 1,494 1,615
Cash Flow per Share 2 628.0 640.0 735.0 765.0 885.0 877.0
Capex 1 1,296 409 493 720 616 984
Capex / Sales 1.4% 0.42% 0.5% 0.68% 0.59% 0.95%
Announcement Date 6/16/17 6/15/18 6/14/19 6/19/20 6/18/21 6/17/22
1JPY in Million2JPY
Estimates