Financials Okayamaken Freight Transportation Co., Ltd.

Equities

9063

JP3193800004

Air Freight & Logistics

Delayed Japan Exchange 08:05:11 2024-04-29 pm EDT 5-day change 1st Jan Change
3,590 JPY +1.13% Intraday chart for Okayamaken Freight Transportation Co., Ltd. +2.28% +20.39%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 6,409 6,026 4,736 5,287 5,765 5,546
Enterprise Value (EV) 1 18,586 16,305 13,962 13,199 13,705 15,044
P/E ratio 4.39 x 4.48 x 4.22 x 4.81 x 4.64 x 5.84 x
Yield 1.9% 2.36% 3% 2.68% 2.46% 2.56%
Capitalization / Revenue 0.15 x 0.14 x 0.11 x 0.13 x 0.15 x 0.14 x
EV / Revenue 0.45 x 0.38 x 0.33 x 0.33 x 0.35 x 0.39 x
EV / EBITDA 5.71 x 4.43 x 4.31 x 4.27 x 4.72 x 5.55 x
EV / FCF -69.5 x 8.7 x 17.8 x 12.8 x -20.7 x -8.09 x
FCF Yield -1.44% 11.5% 5.63% 7.84% -4.82% -12.4%
Price to Book 0.43 x 0.37 x 0.28 x 0.29 x 0.3 x 0.28 x
Nbr of stocks (in thousands) 2,028 2,028 2,028 2,027 2,027 2,027
Reference price 2 3,160 2,972 2,336 2,608 2,844 2,736
Announcement Date 6/28/18 6/27/19 6/26/20 6/29/21 6/29/22 6/28/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 41,657 43,314 42,398 39,499 39,277 38,474
EBITDA 1 3,257 3,681 3,236 3,092 2,904 2,710
EBIT 1 1,505 1,941 1,446 1,324 1,205 1,126
Operating Margin 3.61% 4.48% 3.41% 3.35% 3.07% 2.93%
Earnings before Tax (EBT) 1 1,578 2,092 1,748 1,664 1,900 1,483
Net income 1 1,461 1,345 1,121 1,098 1,242 950
Net margin 3.51% 3.11% 2.64% 2.78% 3.16% 2.47%
EPS 2 720.3 663.5 553.0 541.7 612.7 468.7
Free Cash Flow 1 -267.5 1,874 786.5 1,035 -661.2 -1,858
FCF margin -0.64% 4.33% 1.86% 2.62% -1.68% -4.83%
FCF Conversion (EBITDA) - 50.9% 24.3% 33.48% - -
FCF Conversion (Net income) - 139.31% 70.16% 94.27% - -
Dividend per Share 2 60.00 70.00 70.00 70.00 70.00 70.00
Announcement Date 6/28/18 6/27/19 6/26/20 6/29/21 6/29/22 6/28/23
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 21,548 19,040 19,292 10,297 9,475 19,032 10,068 9,294 18,678 9,927
EBITDA - - - - - - - - - -
EBIT 1 988 321 593 396 355 597 454 176 277 382
Operating Margin 4.59% 1.69% 3.07% 3.85% 3.75% 3.14% 4.51% 1.89% 1.48% 3.85%
Earnings before Tax (EBT) 1 1,232 454 826 470 436 754 541 253 3,190 536
Net income 1 825 272 540 312 284 479 356 159 2,184 349
Net margin 3.83% 1.43% 2.8% 3.03% 3% 2.52% 3.54% 1.71% 11.69% 3.52%
EPS 2 407.2 134.4 266.4 154.3 140.4 236.8 175.4 78.83 1,078 172.0
Dividend per Share - - - - - - - - - -
Announcement Date 11/8/19 11/6/20 11/10/21 2/10/22 8/10/22 11/11/22 2/10/23 8/10/23 11/10/23 2/9/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 12,177 10,279 9,226 7,912 7,940 9,498
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.739 x 2.792 x 2.851 x 2.559 x 2.734 x 3.505 x
Free Cash Flow 1 -268 1,874 787 1,035 -661 -1,859
ROE (net income / shareholders' equity) 10.2% 8.67% 6.79% 6.28% 6.69% 4.88%
ROA (Net income/ Total Assets) 2.23% 2.83% 2.14% 1.98% 1.78% 1.59%
Assets 1 65,557 47,540 52,346 55,438 69,873 59,643
Book Value Per Share 2 7,385 7,928 8,360 8,909 9,403 9,831
Cash Flow per Share 2 2,900 3,284 2,901 3,157 3,012 3,205
Capex 1 2,398 1,503 1,640 1,878 2,930 4,429
Capex / Sales 5.76% 3.47% 3.87% 4.75% 7.46% 11.51%
Announcement Date 6/28/18 6/27/19 6/26/20 6/29/21 6/29/22 6/28/23
1JPY in Million2JPY
Estimates
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