NIPPON AIR CONDITIONING SERVICES CO., LTD. Financials Nippon Air conditioning Services Co., Ltd.
Equities
4658
JP3699500009
Business Support Services
|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 874 JPY | -0.11% |
|
-1.24% | +7.90% |
Valuation
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 26,253 | 23,886 | 23,817 | 26,235 | 27,276 | 24,694 |
| Enterprise Value (EV) 1 | 22,330 | 18,467 | 19,497 | 20,738 | 20,876 | 19,109 |
| P/E ratio | 17.1 x | 13.6 x | 12.7 x | 13.4 x | 9.89 x | 12.9 x |
| Yield | 3.07% | 3.82% | 4.14% | 3.82% | 3.54% | 3.88% |
| Capitalization / Revenue | 0.58 x | 0.51 x | 0.48 x | 0.53 x | 0.55 x | 0.47 x |
| EV / Revenue | 0.49 x | 0.4 x | 0.39 x | 0.42 x | 0.42 x | 0.36 x |
| EV / EBITDA | 7.52 x | 5.97 x | 5.44 x | 6.01 x | 6.8 x | 5.92 x |
| EV / FCF | 13.2 x | 7.67 x | -67.2 x | 9.76 x | 13.1 x | 203 x |
| FCF Yield | 7.58% | 13% | -1.49% | 10.2% | 7.6% | 0.49% |
| Price to Book | 1.62 x | 1.38 x | 1.3 x | 1.29 x | 1.34 x | 1.15 x |
| Nbr of stocks (in thousands) | 35,051 | 35,074 | 35,232 | 35,120 | 34,440 | 34,250 |
| Reference price 2 | 749.0 | 681.0 | 676.0 | 747.0 | 792.0 | 721.0 |
| Announcement Date | 6/25/18 | 6/24/19 | 6/22/20 | 6/21/21 | 6/27/22 | 6/26/23 |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 45,467 | 46,389 | 49,675 | 49,152 | 49,886 | 52,886 |
| EBITDA 1 | 2,968 | 3,095 | 3,582 | 3,450 | 3,069 | 3,228 |
| EBIT 1 | 2,481 | 2,602 | 3,107 | 3,001 | 2,617 | 2,848 |
| Operating Margin | 5.46% | 5.61% | 6.25% | 6.11% | 5.25% | 5.39% |
| Earnings before Tax (EBT) 1 | 2,493 | 2,678 | 3,079 | 3,137 | 4,177 | 2,972 |
| Net income 1 | 1,561 | 1,792 | 1,899 | 1,998 | 2,821 | 1,940 |
| Net margin | 3.43% | 3.86% | 3.82% | 4.06% | 5.65% | 3.67% |
| EPS 2 | 43.78 | 50.17 | 53.02 | 55.77 | 80.05 | 55.84 |
| Free Cash Flow 1 | 1,693 | 2,407 | -290.2 | 2,125 | 1,588 | 94 |
| FCF margin | 3.72% | 5.19% | -0.58% | 4.32% | 3.18% | 0.18% |
| FCF Conversion (EBITDA) | 57.03% | 77.77% | - | 61.59% | 51.73% | 2.91% |
| FCF Conversion (Net income) | 108.44% | 134.31% | - | 106.36% | 56.28% | 4.85% |
| Dividend per Share 2 | 23.00 | 26.00 | 28.00 | 28.50 | 28.00 | 28.00 |
| Announcement Date | 6/25/18 | 6/24/19 | 6/22/20 | 6/21/21 | 6/27/22 | 6/26/23 |
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 | 23,521 | 21,755 | 21,622 | 12,532 | 10,420 | 21,874 | 13,347 | 11,043 | 24,130 | 15,487 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 1,624 | 1,048 | 913 | 696 | 106 | 673 | 792 | 159 | 1,123 | 1,244 |
| Operating Margin | 6.9% | 4.82% | 4.22% | 5.55% | 1.02% | 3.08% | 5.93% | 1.44% | 4.65% | 8.03% |
| Earnings before Tax (EBT) 1 | 1,701 | 1,103 | 2,375 | 766 | 195 | 821 | 821 | 257 | 1,279 | 1,289 |
| Net income 1 | 1,077 | 628 | 1,597 | 515 | 43 | 462 | 554 | 87 | 776 | 899 |
| Net margin | 4.58% | 2.89% | 7.39% | 4.11% | 0.41% | 2.11% | 4.15% | 0.79% | 3.22% | 5.8% |
| EPS 2 | 30.71 | 17.83 | 45.95 | 14.86 | 1.280 | 13.52 | 16.17 | 2.550 | 22.65 | 26.16 |
| Dividend per Share | 12.50 | 12.50 | 27.50 | - | - | 14.00 | - | - | 15.00 | - |
| Announcement Date | 10/31/19 | 10/30/20 | 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 | - | - | - | - | - | - |
| Net Cash position 1 | 3,923 | 5,419 | 4,320 | 5,497 | 6,400 | 5,585 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 1,693 | 2,407 | -290 | 2,125 | 1,588 | 94 |
| ROE (net income / shareholders' equity) | 9.9% | 10.7% | 10.6% | 10.4% | 13.9% | 9.25% |
| ROA (Net income/ Total Assets) | 4.77% | 4.86% | 5.8% | 5.52% | 4.67% | 4.9% |
| Assets 1 | 32,699 | 36,894 | 32,737 | 36,173 | 60,406 | 39,619 |
| Book Value Per Share 2 | 464.0 | 493.0 | 521.0 | 580.0 | 591.0 | 628.0 |
| Cash Flow per Share 2 | 177.0 | 205.0 | 171.0 | 191.0 | 211.0 | 192.0 |
| Capex 1 | 276 | 344 | 204 | 175 | 292 | 553 |
| Capex / Sales | 0.61% | 0.74% | 0.41% | 0.36% | 0.59% | 1.05% |
| Announcement Date | 6/25/18 | 6/24/19 | 6/22/20 | 6/21/21 | 6/27/22 | 6/26/23 |
1JPY in Million2JPY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +7.90% | 193M | |
| +5.09% | 1.42B | |
| +5.43% | 1.18B | |
| +2.48% | 928M | |
| +52.93% | 362M | |
| -38.99% | 286M | |
| +7.09% | 187M | |
| -9.01% | 86.38M | |
| +33.86% | 64.32M | |
| +10.88% | 52.7M |
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- Financials Nippon Air conditioning Services Co., Ltd.