Financials NCS&A Co., Ltd.

Equities

9709

JP3709000008

IT Services & Consulting

Market Closed - Japan Exchange 01:59:26 2024-04-26 am EDT 5-day change 1st Jan Change
791 JPY +0.38% Intraday chart for NCS&A Co., Ltd. +1.41% -0.13%

Valuation

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Capitalization 1 7,012 9,266 7,748 8,220 8,079 10,543
Enterprise Value (EV) 1 297.9 1,742 -1,499 89.04 -1,128 1,441
P/E ratio -6.32 x 16.2 x 6.85 x 10.9 x 8.29 x 8.36 x
Yield 2.1% 2.39% 4.26% 3.05% 4.5% 4.28%
Capitalization / Revenue 0.37 x 0.45 x 0.35 x 0.42 x 0.39 x 0.54 x
EV / Revenue 0.02 x 0.09 x -0.07 x 0 x -0.06 x 0.07 x
EV / EBITDA 0.86 x 1.82 x -1.28 x 0.08 x -0.71 x 0.82 x
EV / FCF 1.95 x 1.78 x -0.84 x -0.62 x -0.76 x 57.4 x
FCF Yield 51.2% 56% -119% -162% -131% 1.74%
Price to Book 0.82 x 1.08 x 0.81 x 0.88 x 0.8 x 0.99 x
Nbr of stocks (in thousands) 18,404 18,421 18,317 16,741 16,521 16,122
Reference price 2 381.0 503.0 423.0 491.0 489.0 654.0
Announcement Date 6/22/18 6/21/19 6/19/20 6/22/21 6/22/22 6/21/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 18,792 20,457 22,408 19,751 20,458 19,385
EBITDA 1 347 959 1,175 1,106 1,598 1,766
EBIT 1 81 689 897 830 1,297 1,541
Operating Margin 0.43% 3.37% 4% 4.2% 6.34% 7.95%
Earnings before Tax (EBT) 1 -7 791 1,080 952 1,219 1,616
Net income 1 -1,112 573 1,133 789 978 1,273
Net margin -5.92% 2.8% 5.06% 3.99% 4.78% 6.57%
EPS 2 -60.32 31.11 61.75 44.99 59.01 78.20
Free Cash Flow 1 152.4 976 1,780 -144.2 1,478 25.12
FCF margin 0.81% 4.77% 7.94% -0.73% 7.22% 0.13%
FCF Conversion (EBITDA) 43.91% 101.77% 151.46% - 92.47% 1.42%
FCF Conversion (Net income) - 170.33% 157.07% - 151.09% 1.97%
Dividend per Share 2 8.000 12.00 18.00 15.00 22.00 28.00
Announcement Date 6/22/18 6/21/19 6/19/20 6/22/21 6/22/22 6/21/23
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 10,943 9,540 9,713 4,889 4,326 9,328 5,033 4,621 9,397 4,325
EBITDA - - - - - - - - - -
EBIT 1 522 427 628 247 344 747 347 417 909 316
Operating Margin 4.77% 4.48% 6.47% 5.05% 7.95% 8.01% 6.89% 9.02% 9.67% 7.31%
Earnings before Tax (EBT) 1 702 460 596 251 361 760 367 444 944 326
Net income 1 644 323 445 187 151 616 227 288 610 216
Net margin 5.89% 3.39% 4.58% 3.82% 3.49% 6.6% 4.51% 6.23% 6.49% 4.99%
EPS 2 35.08 17.64 26.82 11.31 9.240 37.62 14.01 17.96 37.98 13.45
Dividend per Share - - - - - - - - - -
Announcement Date 10/29/19 10/27/20 10/28/21 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 - - - - - -
Net Cash position 1 6,714 7,524 9,247 8,131 9,207 9,102
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 152 976 1,780 -144 1,478 25.1
ROE (net income / shareholders' equity) -12.1% 6.68% 12.5% 8.37% 10.1% 12.3%
ROA (Net income/ Total Assets) 0.32% 2.74% 3.28% 3.01% 4.69% 5.31%
Assets 1 -342,892 20,930 34,507 26,197 20,838 23,980
Book Value Per Share 2 466.0 466.0 520.0 557.0 613.0 662.0
Cash Flow per Share 2 368.0 421.0 514.0 492.0 567.0 573.0
Capex 1 12 86 25 64 150 262
Capex / Sales 0.06% 0.42% 0.11% 0.32% 0.73% 1.35%
Announcement Date 6/22/18 6/21/19 6/19/20 6/22/21 6/22/22 6/21/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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