Financials TAIO PHAR Japan Exchange

Equities

4581

JP3442850008

Market Closed - Japan Exchange 02:00:00 2024-04-08 am EDT 5-day change 1st Jan Change
8,580 JPY -0.12% Intraday chart for TAIO PHAR 0.00% -0.75%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 842,424 540,582 575,028 463,937 452,020 687,810 - -
Enterprise Value (EV) 1 483,957 302,679 320,833 191,669 195,854 687,810 687,810 687,810
P/E ratio - - - - - - - -
Yield - - - - - - - -
Capitalization / Revenue 3.22 x 1.87 x 2.04 x 1.73 x 1.5 x 2.12 x 2.05 x 1.99 x
EV / Revenue 3.22 x 1.87 x 2.04 x 1.73 x 1.5 x 2.12 x 2.05 x 1.99 x
EV / EBITDA 19.8 x 14.2 x 13.7 x 13.7 x 9.48 x 13.2 x 12 x 11.5 x
EV / FCF 60.8 x -8.31 x 21.4 x 21.6 x 32.7 x 14.8 x 12.1 x -
FCF Yield 1.64% -12% 4.67% 4.62% 3.06% 6.74% 8.27% -
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 319,267 319,260 319,267 327,946 327,923 327,870 - -
Reference price 2 23.81 15.75 16.26 11.62 10.38 13.60 13.60 13.60
Announcement Date 5/13/19 5/14/20 5/14/21 5/13/22 5/11/23 - - -
1USD in Million2
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 261,551 288,527 281,980 268,203 301,381 325,000 334,900 345,900
EBITDA 1 42,501 38,155 42,006 33,817 47,666 52,250 57,200 59,850
EBIT 1 31,211 21,460 19,965 10,743 23,018 24,500 29,150 31,500
Operating Margin 11.93% 7.44% 7.08% 4.01% 7.64% 7.54% 8.7% 9.11%
Earnings before Tax (EBT) 64,484 30,311 22,976 21,398 29,498 - - -
Net income 1 48,593 20,531 13,316 13,122 18,997 14,400 20,600 22,200
Net margin 18.58% 7.12% 4.72% 4.89% 6.3% 4.43% 6.15% 6.42%
EPS - - - - - - - -
Free Cash Flow 1 13,848 -65,089 26,826 21,443 13,842 46,380 56,850 -
FCF margin 5.29% -22.56% 9.51% 8% 4.59% 14.27% 16.98% -
FCF Conversion (EBITDA) 32.58% - 63.86% 63.41% 29.04% 88.77% 99.39% -
FCF Conversion (Net income) 28.5% - 201.46% 163.41% 72.86% 322.08% 275.97% -
Dividend per Share - - - - - - - -
Announcement Date 5/13/19 5/14/20 5/14/21 5/13/22 5/11/23 - - -
1JPY in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3
Net sales 1 132,208 145,900 66,277 130,161 69,890 68,152 69,069 75,449 144,518 83,151 73,712 80,802 82,295 163,097 83,576
EBITDA - - - - - - - - - - - - - - -
EBIT 1 14,676 16,295 -363 2,313 4,820 3,610 5,254 6,953 12,207 10,917 -106 9,073 7,287 16,360 2,657
Operating Margin 11.1% 11.17% -0.55% 1.78% 6.9% 5.3% 7.61% 9.22% 8.45% 13.13% -0.14% 11.23% 8.85% 10.03% 3.18%
Earnings before Tax (EBT) 1 20,954 18,393 - 6,269 9,244 - 9,210 8,064 17,274 12,626 -402 7,098 5,924 13,022 4,464
Net income 1 14,979 11,294 - 2,908 6,066 - 5,751 5,126 10,877 10,022 -1,902 4,363 3,087 7,450 2,873
Net margin 11.33% 7.74% - 2.23% 8.68% - 8.33% 6.79% 7.53% 12.05% -2.58% 5.4% 3.75% 4.57% 3.44%
EPS - - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 10/30/19 10/29/20 11/9/21 11/9/21 2/1/22 5/13/22 8/3/22 11/10/22 11/10/22 2/9/23 5/11/23 8/4/23 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 - - - - - - - -
Net Cash position 358,467 237,903 254,195 272,268 256,166 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 13,848 -65,089 26,826 21,443 13,842 46,380 56,850 -
ROE (net income / shareholders' equity) 7% 2.9% 1.9% 1.8% 2.5% 1.8% 2.5% -
ROA (Net income/ Total Assets) 5.04% 2.99% 3% 2.09% 3.33% 1.5% 2.1% -
Assets 1 964,664 687,444 443,929 628,975 570,849 960,000 980,952 -
Book Value Per Share - - - - - - - -
Cash Flow per Share - - - - - - - -
Capex 1 5,374 9,596 15,200 16,925 53,959 17,000 17,500 -
Capex / Sales 2.05% 3.33% 5.39% 6.31% 17.9% 5.23% 5.23% -
Announcement Date 5/13/19 5/14/20 5/14/21 5/13/22 5/11/23 - - -
1JPY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly revenue - Rate of surprise