Financials Nippon Information Development Co., Ltd.

Equities

2349

JP3164610002

IT Services & Consulting

Market Closed - Japan Exchange 02:00:00 2024-05-02 am EDT 5-day change 1st Jan Change
2,256 JPY +0.36% Intraday chart for Nippon Information Development Co., Ltd. -4.77% +22.08%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 13,646 14,320 13,286 15,864 16,237 19,601
Enterprise Value (EV) 1 5,444 5,382 4,321 4,733 4,392 6,552
P/E ratio 10 x 9.92 x 10.5 x 11.6 x 10 x 8.87 x
Yield 1.61% 1.67% 1.88% 1.57% 1.57% 1.36%
Capitalization / Revenue 0.76 x 0.8 x 0.74 x 0.9 x 0.89 x 0.96 x
EV / Revenue 0.3 x 0.3 x 0.24 x 0.27 x 0.24 x 0.32 x
EV / EBITDA 2.84 x 2.59 x 2.11 x 2.37 x 1.87 x 2.45 x
EV / FCF 3.49 x 3.05 x 8.27 x 2.84 x 3.03 x 3.9 x
FCF Yield 28.7% 32.8% 12.1% 35.2% 33% 25.6%
Price to Book 1.2 x 1.13 x 0.98 x 1.05 x 1.01 x 1.09 x
Nbr of stocks (in thousands) 11,356 11,356 11,356 11,356 11,106 11,106
Reference price 2 1,202 1,261 1,170 1,397 1,462 1,765
Announcement Date 6/28/18 6/27/19 6/25/20 6/25/21 6/27/22 6/28/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Net sales 1 17,913 17,964 18,017 17,684 18,251 20,449
EBITDA 1 1,914 2,076 2,047 2,000 2,346 2,672
EBIT 1 1,827 1,983 1,941 1,870 2,226 2,545
Operating Margin 10.2% 11.04% 10.77% 10.57% 12.2% 12.45%
Earnings before Tax (EBT) 1 2,011 2,131 1,994 1,961 2,423 3,178
Net income 1 1,362 1,444 1,266 1,363 1,631 2,210
Net margin 7.6% 8.04% 7.03% 7.71% 8.94% 10.81%
EPS 2 119.9 127.2 111.5 120.0 145.6 199.0
Free Cash Flow 1 1,560 1,764 522.5 1,665 1,447 1,678
FCF margin 8.71% 9.82% 2.9% 9.41% 7.93% 8.21%
FCF Conversion (EBITDA) 81.52% 84.96% 25.53% 83.24% 61.69% 62.8%
FCF Conversion (Net income) 114.56% 122.14% 41.27% 122.14% 88.73% 75.93%
Dividend per Share 2 19.33 21.00 22.00 22.00 23.00 24.00
Announcement Date 6/28/18 6/27/19 6/25/20 6/25/21 6/27/22 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 8,575 8,637 8,570 4,589 4,600 9,478 5,130 5,014 10,554 5,536
EBITDA - - - - - - - - - -
EBIT 1 740 769 945 629 496 1,064 726 505 1,225 741
Operating Margin 8.63% 8.9% 11.03% 13.71% 10.78% 11.23% 14.15% 10.07% 11.61% 13.39%
Earnings before Tax (EBT) 1 841 928 1,094 677 546 1,500 777 577 1,390 806
Net income 1 565 622 720 456 366 1,014 525 382 926 538
Net margin 6.59% 7.2% 8.4% 9.94% 7.96% 10.7% 10.23% 7.62% 8.77% 9.72%
EPS 2 49.83 54.84 63.78 40.95 32.97 91.39 47.28 34.47 83.79 49.25
Dividend per Share - - - - - - - - - -
Announcement Date 11/1/19 11/6/20 11/5/21 2/4/22 8/5/22 11/4/22 2/3/23 8/4/23 11/2/23 2/2/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 8,202 8,938 8,965 11,131 11,845 13,049
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 1,560 1,764 523 1,665 1,447 1,678
ROE (net income / shareholders' equity) 12.6% 12% 9.63% 9.48% 10.4% 13%
ROA (Net income/ Total Assets) 7.04% 7.05% 6.5% 5.89% 6.53% 6.93%
Assets 1 19,345 20,486 19,485 23,161 24,958 31,903
Book Value Per Share 2 1,005 1,118 1,196 1,336 1,450 1,613
Cash Flow per Share 2 705.0 787.0 789.0 980.0 1,067 1,175
Capex 1 72 115 113 57 27 23
Capex / Sales 0.4% 0.64% 0.63% 0.32% 0.15% 0.11%
Announcement Date 6/28/18 6/27/19 6/25/20 6/25/21 6/27/22 6/28/23
1JPY in Million2JPY
Estimates
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