POLARIS HOLDINGS CO., LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 254 JPY | -3.05% |
|
-7.64% | +53.94% |
| May. 10 | 88 Energy awards 2D seismic contract for PEL93 to Polaris | AN |
| May. 10 | 88 Energy Awards 2D Seismic Data Contract to Polaris for Namibia Site | MT |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 7,508 | 4,988 | 7,023 | 6,685 | 10,642 | 32,523 | - | - |
| Enterprise Value (EV) 1 | 9,190 | 4,988 | 9,908 | 14,153 | 23,591 | 32,523 | 32,523 | 32,523 |
| P/E ratio | -0.7 x | -26.1 x | -3.15 x | -2.81 x | 18.3 x | 9.39 x | 15.3 x | 11.3 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.48 x | 0.91 x | 2.36 x | 1.8 x | 1.52 x | 1.44 x | 1.48 x | 1.32 x |
| EV / Revenue | 1.48 x | 0.91 x | 2.36 x | 1.8 x | 1.52 x | 1.44 x | 1.48 x | 1.32 x |
| EV / EBITDA | - | - | - | -5.85 x | 14.3 x | 8.74 x | 10.2 x | 7.74 x |
| EV / FCF | -5.44 x | 50.4 x | -3.51 x | -0.81 x | -96.5 x | 3.22 x | 6.05 x | 9.98 x |
| FCF Yield | -18.4% | 1.98% | -28.5% | -123% | -1.04% | 31.1% | 16.5% | 10% |
| Price to Book | 8.93 x | 7.66 x | -8.91 x | 36.7 x | 3.66 x | - | - | - |
| Nbr of stocks (in thousands) | 53,628 | 53,639 | 59,017 | 91,575 | 116,943 | 124,132 | - | - |
| Reference price 2 | 140.0 | 93.00 | 119.0 | 73.00 | 91.00 | 262.0 | 262.0 | 262.0 |
| Announcement Date | 5/10/19 | 5/8/20 | 5/14/21 | 5/13/22 | 5/15/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,084 | 5,452 | 2,972 | 3,712 | 7,018 | 22,520 | 21,970 | 24,680 |
| EBITDA 1 | - | - | - | -1,143 | 745.9 | 3,720 | 3,190 | 4,200 |
| EBIT 1 | -358 | -181 | -1,627 | -1,332 | 3 | 3,150 | 2,750 | 3,700 |
| Operating Margin | -7.04% | -3.32% | -54.74% | -35.88% | 0.04% | 13.99% | 12.52% | 14.99% |
| Earnings before Tax (EBT) 1 | -2,901 | -172 | -2,084 | -1,812 | 553 | 2,990 | 2,620 | 3,560 |
| Net income 1 | -2,960 | -191 | -2,101 | -1,830 | 534 | 2,990 | 1,830 | 2,490 |
| Net margin | -58.22% | -3.5% | -70.69% | -49.3% | 7.61% | 13.28% | 8.33% | 10.09% |
| EPS 2 | -200.1 | -3.560 | -37.83 | -25.98 | 4.980 | 27.89 | 17.09 | 23.21 |
| Free Cash Flow 1 | -1,379 | 99 | -1,999 | -8,234 | -110.3 | 10,100 | 5,380 | 3,260 |
| FCF margin | -27.12% | 1.82% | -67.26% | -221.82% | -1.57% | 44.85% | 24.49% | 13.21% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 271.51% | 168.65% | 77.62% |
| FCF Conversion (Net income) | - | - | - | - | - | 337.79% | 293.99% | 130.92% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 5/10/19 | 5/8/20 | 5/14/21 | 5/13/22 | 5/15/23 | - | - | - |
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 | 2,916 | 852 | 1,754 | 1,046 | 1,192 | 3,114 | 1,861 | 2,740 | 14,120 | 4,117 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 101 | -914 | -728 | -277 | -58 | 31 | 38 | 183 | 2,624 | 394 |
| Operating Margin | 3.46% | -107.28% | -41.51% | -26.48% | -4.87% | 1% | 2.04% | 6.68% | 18.58% | 9.57% |
| Earnings before Tax (EBT) 1 | 164 | -1,068 | -786 | -553 | -106 | -59 | -16 | -6 | 2,600 | 226 |
| Net income 1 | 148 | -1,071 | -792 | -556 | -120 | -107 | -27 | -33 | 2,555 | 281 |
| Net margin | 5.08% | -125.7% | -45.15% | -53.15% | -10.07% | -3.44% | -1.45% | -1.2% | 18.09% | 6.83% |
| EPS 2 | 2.760 | -19.86 | -13.43 | -7.800 | -1.300 | -1.090 | -0.2000 | -0.2800 | 21.04 | 2.150 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/12/19 | 11/13/20 | 11/11/21 | 2/10/22 | 8/10/22 | 11/10/22 | 2/10/23 | 8/10/23 | 11/14/23 | 2/13/24 |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | 1,682 | - | 2,885 | 7,468 | 12,949 | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | -6.536 x | 17.36 x | - | - | - |
| Free Cash Flow 1 | -1,379 | 99 | -1,999 | -8,234 | -110 | 10,100 | 5,380 | 3,260 |
| ROE (net income / shareholders' equity) | -284% | -25.6% | - | - | 34.6% | 46.8% | 19.8% | 20.6% |
| ROA (Net income/ Total Assets) | - | - | - | -21.5% | 2.91% | 13% | 7.7% | 10.2% |
| Assets 1 | - | - | - | 8,516 | 18,338 | 23,000 | 23,766 | 24,412 |
| Book Value Per Share | 15.70 | 12.10 | -13.40 | 1.990 | 24.80 | - | - | - |
| Cash Flow per Share | -184.0 | -0.9300 | -34.90 | -23.30 | 6.880 | - | - | - |
| Capex | 1,031 | 39 | 489 | 12 | 9,062 | - | - | - |
| Capex / Sales | 20.28% | 0.72% | 16.45% | 0.32% | 129.13% | - | - | - |
| Announcement Date | 5/10/19 | 5/8/20 | 5/14/21 | 5/13/22 | 5/15/23 | - | - | - |
1JPY in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +53.94% | 209M | |
| +19.47% | 12.54B | |
| -15.26% | 7.02B | |
| -10.00% | 5.83B | |
| +3.41% | 5.6B | |
| -1.17% | 3.98B | |
| +10.26% | 2.63B | |
| +3.63% | 2.48B | |
| -4.29% | 2.31B | |
| +16.67% | 2.17B |
- Stock Market
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- Financials Polaris Holdings Co., Ltd.
