Financials Business One Holdings, Inc.

Equities

4827

JP3800310009

Real Estate Services

Market Closed - Fukuoka Stock Exchange 01:37:58 2024-05-02 am EDT 5-day change 1st Jan Change
799 JPY +1.91% Intraday chart for Business One Holdings, Inc. +5.83% +19.25%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,855 1,813 1,286 1,697 1,996 2,489
Enterprise Value (EV) 1 12,263 13,569 12,647 12,264 15,293 20,927
P/E ratio 5.12 x 4.35 x 3.03 x 3.68 x 3.91 x 3.86 x
Yield 0.67% 0.92% 1.29% 0.98% 1.04% 0.83%
Capitalization / Revenue 0.27 x 0.22 x 0.14 x 0.17 x 0.2 x 0.2 x
EV / Revenue 1.8 x 1.63 x 1.37 x 1.24 x 1.52 x 1.71 x
EV / EBITDA 15.4 x 14.7 x 12.9 x 11.8 x 11.7 x 12.9 x
EV / FCF -4.68 x -14 x 359 x 49 x -4.81 x -3.87 x
FCF Yield -21.4% -7.17% 0.28% 2.04% -20.8% -25.8%
Price to Book 0.96 x 0.78 x 0.47 x 0.53 x 0.54 x 0.58 x
Nbr of stocks (in thousands) 4,149 4,149 4,149 4,149 4,149 4,149
Reference price 2 447.0 437.0 310.0 409.0 481.0 600.0
Announcement Date 6/29/18 6/28/19 6/29/20 6/28/21 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 6,802 8,337 9,227 9,863 10,071 12,211
EBITDA 1 796 923 982 1,041 1,310 1,624
EBIT 1 628 720 757 757 949 1,197
Operating Margin 9.23% 8.64% 8.2% 7.68% 9.42% 9.8%
Earnings before Tax (EBT) 1 502 588 635 659 826 1,005
Net income 1 362 417 425 461 511 645
Net margin 5.32% 5% 4.61% 4.67% 5.07% 5.28%
EPS 2 87.25 100.5 102.4 111.1 123.2 155.5
Free Cash Flow 1 -2,618 -972.2 35.25 250.4 -3,180 -5,401
FCF margin -38.49% -11.66% 0.38% 2.54% -31.58% -44.23%
FCF Conversion (EBITDA) - - 3.59% 24.05% - -
FCF Conversion (Net income) - - 8.29% 54.31% - -
Dividend per Share 2 3.000 4.000 4.000 4.000 5.000 5.000
Announcement Date 6/29/18 6/28/19 6/29/20 6/28/21 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 5,082 4,917 5,467 2,006 3,443 6,167 2,982 3,562 6,616 3,054
EBITDA - - - - - - - - - -
EBIT 1 424 337 711 152 719 1,006 222 705 931 272
Operating Margin 8.34% 6.85% 13.01% 7.58% 20.88% 16.31% 7.44% 19.79% 14.07% 8.91%
Earnings before Tax (EBT) 1 345 267 647 128 676 916 180 658 858 214
Net income 1 235 189 410 81 464 630 110 456 579 122
Net margin 4.62% 3.84% 7.5% 4.04% 13.48% 10.22% 3.69% 12.8% 8.75% 3.99%
EPS 2 56.65 45.69 98.90 19.53 111.9 152.0 26.54 110.0 139.7 29.39
Dividend per Share - - - - - - - - - -
Announcement Date 11/7/19 11/6/20 11/11/21 2/8/22 8/5/22 11/9/22 2/9/23 8/4/23 11/9/23 2/9/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 10,408 11,756 11,361 10,567 13,297 18,438
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 13.08 x 12.74 x 11.57 x 10.15 x 10.15 x 11.35 x
Free Cash Flow 1 -2,618 -972 35.3 250 -3,180 -5,401
ROE (net income / shareholders' equity) 20.5% 19.5% 16.7% 15.6% 14.9% 16.2%
ROA (Net income/ Total Assets) 2.92% 2.86% 2.8% 2.77% 3.13% 3.09%
Assets 1 12,377 14,584 15,155 16,637 16,333 20,876
Book Value Per Share 2 467.0 563.0 660.0 768.0 887.0 1,037
Cash Flow per Share 2 420.0 418.0 493.0 542.0 651.0 758.0
Capex 1 1,777 1,317 699 1,188 1,708 1,940
Capex / Sales 26.12% 15.8% 7.58% 12.05% 16.96% 15.89%
Announcement Date 6/29/18 6/28/19 6/29/20 6/28/21 6/29/22 6/28/23
1JPY in Million2JPY
Estimates
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