Financials Sun Corporation

Equities

6736

JP3336450006

Communications & Networking

Delayed Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
3,605 JPY +4.04% Intraday chart for Sun Corporation +17.43% +60.01%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 15,959 19,307 29,337 87,022 46,518 44,086
Enterprise Value (EV) 1 6,116 7,013 7,519 60,937 17,529 41,356
P/E ratio -12.3 x -19.6 x -8.53 x 1,858 x 17.9 x 6.93 x
Yield 2.83% 2.34% - 0.27% 2.06% 1.04%
Capitalization / Revenue 0.61 x 0.76 x 1.12 x 3.26 x 1.25 x 1.18 x
EV / Revenue 0.23 x 0.28 x 0.29 x 2.29 x 0.47 x 1.1 x
EV / EBITDA -13.1 x 17.6 x -4.57 x 40.4 x 7.01 x -232 x
EV / FCF 19.8 x 2.36 x 5.94 x 27.9 x -1.25 x -3.14 x
FCF Yield 5.04% 42.5% 16.8% 3.58% -79.9% -31.8%
Price to Book 1.34 x 1.95 x 2.05 x 5.34 x 1.72 x 1.25 x
Nbr of stocks (in thousands) 22,573 22,581 22,550 23,679 23,941 22,831
Reference price 2 707.0 855.0 1,301 3,675 1,943 1,931
Announcement Date 6/27/18 6/27/19 6/26/20 6/25/21 6/27/22 6/26/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 26,297 25,243 26,220 26,662 37,205 37,449
EBITDA 1 -466 398 -1,647 1,509 2,502 -178
EBIT 1 -1,075 -200 -2,252 687 1,360 -1,711
Operating Margin -4.09% -0.79% -8.59% 2.58% 3.66% -4.57%
Earnings before Tax (EBT) 1 -1,671 453 -3,161 889 9,677 13,959
Net income 1 -1,293 -985 -3,440 47 2,818 6,878
Net margin -4.92% -3.9% -13.12% 0.18% 7.57% 18.37%
EPS 2 -57.38 -43.63 -152.5 1.978 108.5 278.5
Free Cash Flow 1 308.1 2,978 1,265 2,184 -13,999 -13,159
FCF margin 1.17% 11.8% 4.83% 8.19% -37.63% -35.14%
FCF Conversion (EBITDA) - 748.12% - 144.71% - -
FCF Conversion (Net income) - - - 4,646.01% - -
Dividend per Share 2 20.00 20.00 - 10.00 40.00 20.00
Announcement Date 6/27/18 6/27/19 6/26/20 6/25/21 6/27/22 6/26/23
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 12,130 12,049 15,626 10,680 9,552 21,195 13,302 2,370 4,648 2,819
EBITDA - - - - - - - - - -
EBIT 1 -1,740 -795 990 -160 -512 -1,445 -429 25 71 147
Operating Margin -14.34% -6.6% 6.34% -1.5% -5.36% -6.82% -3.23% 1.05% 1.53% 5.21%
Earnings before Tax (EBT) 1 -1,645 -715 1,634 1,587 7,666 12,668 700 -2,791 -4,450 178
Net income 1 -1,497 -744 1,006 491 3,996 6,414 -109 -2,614 -4,229 84
Net margin -12.34% -6.17% 6.44% 4.6% 41.83% 30.26% -0.82% -110.3% -90.99% 2.98%
EPS 2 -66.33 -32.93 42.08 20.48 168.1 270.3 -4.020 -117.1 -189.9 3.590
Dividend per Share - - 20.00 - - - - - - -
Announcement Date 11/14/19 11/13/20 11/15/21 2/14/22 8/9/22 11/14/22 2/14/23 8/10/23 11/14/23 2/13/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 9,843 12,294 21,818 26,085 28,989 2,730
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 308 2,978 1,265 2,184 -13,999 -13,159
ROE (net income / shareholders' equity) -9.85% -8.22% -24.4% 0.93% 31.1% 43.5%
ROA (Net income/ Total Assets) -2.53% -0.48% -4.11% 0.94% 1.29% -1.73%
Assets 1 51,165 207,325 83,649 5,007 218,602 -398,286
Book Value Per Share 2 529.0 439.0 635.0 688.0 1,129 1,547
Cash Flow per Share 2 528.0 719.0 1,170 1,361 1,323 139.0
Capex 1 736 875 803 599 683 909
Capex / Sales 2.8% 3.47% 3.06% 2.25% 1.84% 2.43%
Announcement Date 6/27/18 6/27/19 6/26/20 6/25/21 6/27/22 6/26/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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