Financials Nitta Gelatin Inc.

Equities

4977

JP3679870000

Food Processing

Market Closed - Japan Exchange 02:00:00 2024-06-03 am EDT 5-day change 1st Jan Change
807 JPY -0.12% Intraday chart for Nitta Gelatin Inc. -0.74% +6.04%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 14,846 12,586 10,859 12,128 12,058 15,649
Enterprise Value (EV) 1 23,446 20,076 17,486 16,677 17,335 23,585
P/E ratio -24.1 x 12.7 x -15.6 x 16.4 x 16.6 x 10 x
Yield 1.49% 1.75% 2.03% 1.79% 2.1% 1.85%
Capitalization / Revenue 0.39 x 0.35 x 0.31 x 0.4 x 0.38 x 0.4 x
EV / Revenue 0.62 x 0.55 x 0.51 x 0.55 x 0.55 x 0.6 x
EV / EBITDA 8.32 x 7.99 x 5.44 x 6.07 x 5.82 x 6.06 x
EV / FCF 56.2 x 376 x 9.49 x 9.87 x -101 x -7.37 x
FCF Yield 1.78% 0.27% 10.5% 10.1% -0.99% -13.6%
Price to Book 0.98 x 0.79 x 0.69 x 0.72 x 0.67 x 0.82 x
Nbr of stocks (in thousands) 18,374 18,374 18,374 18,075 18,105 18,133
Reference price 2 808.0 685.0 591.0 671.0 666.0 863.0
Announcement Date 6/27/18 6/26/19 7/31/20 6/29/21 6/28/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 37,777 36,464 34,543 30,550 31,783 39,186
EBITDA 1 2,818 2,514 3,214 2,749 2,979 3,890
EBIT 1 1,096 899 1,720 1,356 1,561 2,260
Operating Margin 2.9% 2.47% 4.98% 4.44% 4.91% 5.77%
Earnings before Tax (EBT) 1 43 1,032 -944 1,305 1,662 2,801
Net income 1 -615 989 -694 742 726 1,558
Net margin -1.63% 2.71% -2.01% 2.43% 2.28% 3.98%
EPS 2 -33.47 53.83 -37.77 40.98 40.12 85.97
Free Cash Flow 1 417.1 53.38 1,843 1,690 -171 -3,198
FCF margin 1.1% 0.15% 5.34% 5.53% -0.54% -8.16%
FCF Conversion (EBITDA) 14.8% 2.12% 57.35% 61.46% - -
FCF Conversion (Net income) - 5.4% - 227.71% - -
Dividend per Share 2 12.00 12.00 12.00 12.00 14.00 16.00
Announcement Date 6/27/18 6/26/19 7/31/20 6/29/21 6/28/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2021 S2 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3
Net sales 1 18,627 15,916 15,205 - 7,282 14,863 8,232 8,688 16,920 9,248 9,931 19,179 10,106 9,901 20,007 9,403 10,308 19,711 10,346
EBITDA - - - - - - - - - - - - - - - - - - -
EBIT 1 845 845 647 - 325 593 417 550 967 680 680 1,360 690 209 899 489 855 1,344 197
Operating Margin 4.54% 5.31% 4.26% - 4.46% 3.99% 5.07% 6.33% 5.72% 7.35% 6.85% 7.09% 6.83% 2.11% 4.49% 5.2% 8.29% 6.82% 1.9%
Earnings before Tax (EBT) 1 976 - 599 - 347 644 496 523 1,019 862 757 1,619 424 - - 741 - 1,716 -1,790
Net income 1 654 -1,348 351 391 161 374 248 104 352 545 366 911 -17 664 647 248 442 690 -2,300
Net margin 3.51% -8.47% 2.31% - 2.21% 2.52% 3.01% 1.2% 2.08% 5.89% 3.69% 4.75% -0.17% 6.71% 3.23% 2.64% 4.29% 3.5% -22.23%
EPS 2 35.63 - 19.41 - - 20.69 13.70 - - 30.14 - 50.33 -0.9900 - - 13.71 - 38.08 -126.8
Dividend per Share 6.000 - 6.000 - - 7.000 - - - - - 7.000 - - - - - 8.000 -
Announcement Date 11/8/19 6/24/20 11/11/20 5/13/21 11/12/21 11/12/21 2/14/22 5/13/22 5/13/22 8/9/22 11/14/22 11/14/22 2/13/23 5/12/23 5/12/23 8/10/23 11/13/23 11/13/23 2/13/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 8,600 7,490 6,627 4,549 5,277 7,936
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.052 x 2.979 x 2.062 x 1.655 x 1.771 x 2.04 x
Free Cash Flow 1 417 53.4 1,843 1,690 -171 -3,198
ROE (net income / shareholders' equity) -2.61% 4.69% -2.98% 5.13% 5.23% 10.6%
ROA (Net income/ Total Assets) 1.75% 1.48% 3.02% 2.48% 2.7% 3.57%
Assets 1 -35,211 66,662 -23,005 29,973 26,911 43,583
Book Value Per Share 2 827.0 862.0 853.0 929.0 999.0 1,053
Cash Flow per Share 2 88.50 114.0 77.00 223.0 168.0 158.0
Capex 1 1,347 1,967 900 1,220 1,218 2,077
Capex / Sales 3.57% 5.39% 2.61% 3.99% 3.83% 5.3%
Announcement Date 6/27/18 6/26/19 7/31/20 6/29/21 6/28/22 6/29/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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