Financials Gakkyusha Co.,Ltd.

Equities

9769

JP3235400003

Miscellaneous Educational Service Providers

Market Closed - Japan Exchange 02:00:00 2024-06-11 am EDT 5-day change 1st Jan Change
2,110 JPY +0.81% Intraday chart for Gakkyusha Co.,Ltd. +1.25% +4.71%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 18,942 14,564 12,854 14,610 17,001 21,728
Enterprise Value (EV) 1 18,582 14,804 14,111 15,582 17,452 21,877
P/E ratio 18.7 x 17 x 13.7 x 13.3 x 11.3 x 11.6 x
Yield 3.52% 4.62% 5.19% 4.88% 4.84% 4.39%
Capitalization / Revenue 1.84 x 1.38 x 1.18 x 1.29 x 1.37 x 1.67 x
EV / Revenue 1.8 x 1.4 x 1.29 x 1.38 x 1.41 x 1.68 x
EV / EBITDA 9.88 x 9.32 x 7.79 x 7.21 x 6.62 x 6.85 x
EV / FCF 21.2 x -148 x 221 x 13.6 x 15.1 x 13.9 x
FCF Yield 4.73% -0.68% 0.45% 7.33% 6.62% 7.21%
Price to Book 5.48 x 3.68 x 3.23 x 3.52 x 3.44 x 3.75 x
Nbr of stocks (in thousands) 11,116 11,212 11,120 10,968 10,968 10,968
Reference price 2 1,704 1,299 1,156 1,332 1,550 1,981
Announcement Date 6/29/18 6/27/19 6/26/20 6/29/21 6/29/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 10,304 10,568 10,920 11,289 12,378 12,986
EBITDA 1 1,880 1,588 1,812 2,162 2,638 3,193
EBIT 1 1,580 1,293 1,486 1,861 2,326 2,761
Operating Margin 15.33% 12.24% 13.61% 16.49% 18.79% 21.26%
Earnings before Tax (EBT) 1 1,550 1,266 1,421 1,718 2,292 2,770
Net income 1 1,004 857 937 1,108 1,510 1,881
Net margin 9.74% 8.11% 8.58% 9.81% 12.2% 14.48%
EPS 2 90.98 76.54 84.10 100.5 137.7 171.5
Free Cash Flow 1 878.2 -100.1 63.88 1,142 1,155 1,576
FCF margin 8.52% -0.95% 0.58% 10.12% 9.33% 12.14%
FCF Conversion (EBITDA) 46.72% - 3.53% 52.82% 43.78% 49.37%
FCF Conversion (Net income) 87.48% - 6.82% 103.07% 76.49% 83.81%
Dividend per Share 2 60.00 60.00 60.00 65.00 75.00 87.00
Announcement Date 6/29/18 6/27/19 6/26/20 6/29/21 6/29/22 6/29/23
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 5,463 5,590 6,142 3,651 2,427 6,430 3,877 2,471 6,535 3,781
EBITDA - - - - - - - - - -
EBIT 1 808 977 1,204 1,112 24 1,368 1,247 46 1,357 1,144
Operating Margin 14.79% 17.48% 19.6% 30.46% 0.99% 21.28% 32.16% 1.86% 20.77% 30.26%
Earnings before Tax (EBT) 1 769 853 1,191 1,082 -26 1,402 1,178 -28 1,350 1,103
Net income 1 501 504 760 717 -41 961 786 -66 904 753
Net margin 9.17% 9.02% 12.37% 19.64% -1.69% 14.95% 20.27% -2.67% 13.83% 19.92%
EPS 2 44.92 45.60 69.33 65.33 -3.790 87.62 71.74 -6.110 83.07 69.19
Dividend per Share 30.00 35.00 40.00 - - 45.00 - - 45.00 -
Announcement Date 11/12/19 11/10/20 11/11/21 2/9/22 8/10/22 11/10/22 2/13/23 8/10/23 11/9/23 2/8/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - 240 1,257 972 451 149
Net Cash position 1 360 - - - - -
Leverage (Debt/EBITDA) - 0.1511 x 0.6937 x 0.4496 x 0.171 x 0.0467 x
Free Cash Flow 1 878 -100 63.9 1,142 1,155 1,577
ROE (net income / shareholders' equity) 32.2% 23.1% 23.6% 27.2% 33.9% 35.1%
ROA (Net income/ Total Assets) 17% 11.4% 11.3% 12.7% 14.8% 16.8%
Assets 1 5,899 7,549 8,298 8,744 10,174 11,210
Book Value Per Share 2 311.0 353.0 358.0 379.0 450.0 528.0
Cash Flow per Share 2 105.0 117.0 99.10 180.0 181.0 175.0
Capex 1 389 1,251 1,232 676 579 819
Capex / Sales 3.78% 11.84% 11.28% 5.99% 4.68% 6.31%
Announcement Date 6/29/18 6/27/19 6/26/20 6/29/21 6/29/22 6/29/23
1JPY in Million2JPY
Estimates
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