Financials Tokyo Chuo Auction Holdings Limited

Equities

1939

HK0000448487

Other Specialty Retailers

Market Closed - Hong Kong S.E. 04:08:22 2024-04-29 am EDT 5-day change 1st Jan Change
0.7 HKD 0.00% Intraday chart for Tokyo Chuo Auction Holdings Limited 0.00% +4.48%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023
Capitalization 1 655 340 310 415 385
Enterprise Value (EV) 1 439.5 307.9 223.2 357.5 346.9
P/E ratio 65.8 x 40.3 x 37.1 x 49.2 x -46.5 x
Yield 1.53% 1.47% 1.61% 1.2% -
Capitalization / Revenue 3.94 x 3.16 x 3.84 x 5.21 x 5.29 x
EV / Revenue 2.65 x 2.86 x 2.76 x 4.49 x 4.77 x
EV / EBITDA 23.2 x 18.2 x 13.2 x 26.9 x -51.6 x
EV / FCF 18.9 x -2.27 x 4.4 x -22.1 x -67.1 x
FCF Yield 5.3% -44% 22.7% -4.53% -1.49%
Price to Book 2.34 x 1.21 x 1.1 x 1.48 x 1.48 x
Nbr of stocks (in thousands) 500,000 500,000 500,000 500,000 500,000
Reference price 2 1.310 0.6800 0.6200 0.8300 0.7700
Announcement Date 7/30/19 7/23/20 7/27/21 7/25/22 7/28/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Net sales 1 173.3 166.1 107.6 80.75 79.6 72.76
EBITDA 1 60.52 18.93 16.9 16.87 13.28 -6.716
EBIT 1 58.58 16.14 13.79 13.67 12.18 -7.376
Operating Margin 33.81% 9.72% 12.81% 16.93% 15.3% -10.14%
Earnings before Tax (EBT) 1 57.98 15.3 10.46 11.7 12.03 -8.479
Net income 1 44.06 8.632 8.444 8.363 8.434 -8.286
Net margin 25.43% 5.2% 7.85% 10.36% 10.6% -11.39%
EPS 2 0.1175 0.0199 0.0169 0.0167 0.0169 -0.0166
Free Cash Flow 1 -131.9 23.31 -135.6 50.71 -16.2 -5.172
FCF margin -76.12% 14.03% -125.99% 62.8% -20.35% -7.11%
FCF Conversion (EBITDA) - 123.11% - 300.55% - -
FCF Conversion (Net income) - 270% - 606.38% - -
Dividend per Share - 0.0200 0.0100 0.0100 0.0100 -
Announcement Date 9/22/18 7/30/19 7/23/20 7/27/21 7/25/22 7/28/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 15.6 216 32.1 86.8 57.5 38.1
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -132 23.3 -136 50.7 -16.2 -5.17
ROE (net income / shareholders' equity) 40.3% 4.34% 2.89% 2.99% 3.03% -3.03%
ROA (Net income/ Total Assets) 7.75% 1.8% 1.62% 1.54% 1.29% -0.88%
Assets 1 568.3 479.7 520.9 541.6 651.4 941.1
Book Value Per Share 2 0.2800 0.5600 0.5600 0.5600 0.5600 0.5200
Cash Flow per Share 2 0.1900 0.4700 0.1700 0.3100 0.2200 0.1300
Capex 1 5.34 0.58 1.1 1.41 0.59 0.73
Capex / Sales 3.08% 0.35% 1.03% 1.74% 0.74% 1%
Announcement Date 9/22/18 7/30/19 7/23/20 7/27/21 7/25/22 7/28/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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