WAVELOCK HOLDINGS CO., LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 663 JPY | -0.90% |
|
+0.91% | +5.41% |
| 2023 | Wavelock Holdings Co., Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023 | CI |
| 2023 | Wavelock Holdings Co., Ltd. agreed to acquire a 20.32% stake in RP Topla Limited. | CI |
Valuation
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 16,617 | 8,061 | 4,816 | 7,258 | 5,927 | 5,137 |
| Enterprise Value (EV) 1 | 24,322 | 15,900 | 10,503 | 7,407 | 8,113 | 6,177 |
| P/E ratio | 10.6 x | 5.88 x | 4.38 x | 3.04 x | 9.72 x | 2.21 x |
| Yield | 1.56% | 3.31% | 5.94% | 4.04% | 4.42% | 4.93% |
| Capitalization / Revenue | 0.6 x | 0.29 x | 0.16 x | 0.25 x | 0.28 x | 0.23 x |
| EV / Revenue | 0.88 x | 0.56 x | 0.36 x | 0.25 x | 0.39 x | 0.27 x |
| EV / EBITDA | 9.94 x | 7.36 x | 3.9 x | 2.88 x | 6.66 x | 6.04 x |
| EV / FCF | 51.9 x | 41.7 x | 4.78 x | 8.35 x | -9.16 x | -6.22 x |
| FCF Yield | 1.93% | 2.4% | 20.9% | 12% | -10.9% | -16.1% |
| Price to Book | 1.57 x | 0.72 x | 0.4 x | 0.51 x | 0.42 x | 0.33 x |
| Nbr of stocks (in thousands) | 9,938 | 9,528 | 9,537 | 9,781 | 8,742 | 8,436 |
| Reference price 2 | 1,672 | 846.0 | 505.0 | 742.0 | 678.0 | 609.0 |
| Announcement Date | 6/21/18 | 6/21/19 | 6/22/20 | 6/21/21 | 6/20/22 | 6/19/23 |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 27,702 | 28,229 | 29,251 | 29,248 | 21,002 | 22,584 |
| EBITDA 1 | 2,447 | 2,159 | 2,695 | 2,569 | 1,218 | 1,023 |
| EBIT 1 | 1,835 | 1,535 | 1,623 | 1,490 | 649 | 346 |
| Operating Margin | 6.62% | 5.44% | 5.55% | 5.09% | 3.09% | 1.53% |
| Earnings before Tax (EBT) 1 | 2,148 | 1,951 | 1,682 | 3,419 | 891 | 3,073 |
| Net income 1 | 1,594 | 1,429 | 1,108 | 2,386 | 655 | 2,321 |
| Net margin | 5.75% | 5.06% | 3.79% | 8.16% | 3.12% | 10.28% |
| EPS 2 | 157.9 | 143.9 | 115.3 | 244.0 | 69.72 | 275.1 |
| Free Cash Flow 1 | 469 | 380.9 | 2,196 | 887 | -885.6 | -993 |
| FCF margin | 1.69% | 1.35% | 7.51% | 3.03% | -4.22% | -4.4% |
| FCF Conversion (EBITDA) | 19.17% | 17.64% | 81.48% | 34.53% | - | - |
| FCF Conversion (Net income) | 29.42% | 26.65% | 198.19% | 37.18% | - | - |
| Dividend per Share 2 | 26.00 | 28.00 | 30.00 | 30.00 | 30.00 | 30.00 |
| Announcement Date | 6/21/18 | 6/21/19 | 6/22/20 | 6/21/21 | 6/20/22 | 6/19/23 |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2023 Q1 | 2023 S1 | 2023 Q3 | 2024 Q1 | 2024 S1 | 2024 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 14,903 | 14,348 | 14,981 | 14,267 | 5,087 | 10,847 | 4,633 | 5,863 | 11,427 | 5,111 | 6,128 | 11,774 | 5,532 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 1,004 | 618 | 960 | 529.6 | 113 | 537 | 35 | 342 | 448 | -54 | 503 | 476 | -4 |
| Operating Margin | 6.74% | 4.31% | 6.41% | 3.71% | 2.22% | 4.95% | 0.76% | 5.83% | 3.92% | -1.06% | 8.21% | 4.04% | -0.07% |
| Earnings before Tax (EBT) 1 | 1,016 | - | 923 | - | - | 692 | 90 | 2,994 | 3,036 | -1 | 521 | 638 | 149 |
| Net income 1 | 694 | - | 622 | - | - | 534 | 63 | 2,194 | 2,289 | 33 | 306 | 427 | 114 |
| Net margin | 4.66% | - | 4.15% | - | - | 4.92% | 1.36% | 37.42% | 20.03% | 0.65% | 4.99% | 3.63% | 2.06% |
| EPS 2 | 72.88 | - | 64.04 | - | - | 54.55 | 7.200 | 260.2 | 271.4 | 3.970 | 36.31 | 50.63 | 13.55 |
| Dividend per Share | 15.00 | - | 15.00 | - | - | 15.00 | - | - | 15.00 | - | - | 15.00 | - |
| Announcement Date | 10/31/19 | 5/14/20 | 10/30/20 | 5/13/21 | 10/29/21 | 10/29/21 | 1/31/22 | 7/29/22 | 10/31/22 | 1/31/23 | 7/31/23 | 10/31/23 | 1/31/24 |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 7,705 | 7,839 | 5,687 | 149 | 2,186 | 1,040 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.149 x | 3.631 x | 2.11 x | 0.058 x | 1.795 x | 1.017 x |
| Free Cash Flow 1 | 469 | 381 | 2,196 | 887 | -886 | -993 |
| ROE (net income / shareholders' equity) | 16.3% | 13% | 9.52% | 18.2% | 4.71% | 15.7% |
| ROA (Net income/ Total Assets) | 3.93% | 3.24% | 3.46% | 3.37% | 1.61% | 0.86% |
| Assets 1 | 40,526 | 44,132 | 32,018 | 70,763 | 40,650 | 271,145 |
| Book Value Per Share 2 | 1,067 | 1,181 | 1,264 | 1,458 | 1,626 | 1,871 |
| Cash Flow per Share 2 | 249.0 | 214.0 | 248.0 | 499.0 | 232.0 | 291.0 |
| Capex 1 | 589 | 755 | 638 | 822 | 778 | 1,186 |
| Capex / Sales | 2.13% | 2.67% | 2.18% | 2.81% | 3.7% | 5.25% |
| Announcement Date | 6/21/18 | 6/21/19 | 6/22/20 | 6/21/21 | 6/20/22 | 6/19/23 |
1JPY in Million2JPY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +5.41% | 35.53M | |
| -6.95% | 12.96B | |
| +15.94% | 9.48B | |
| -15.34% | 6.61B | |
| +26.40% | 1.39B | |
| +7.61% | 1.33B | |
| -15.31% | 1.29B | |
| +27.87% | 1.26B | |
| -24.91% | 997M | |
| +21.08% | 855M |
- Stock Market
- Equities
- 7940 Stock
- Financials Wavelock Holdings Co., Ltd.
