Financials SAKURA Internet Inc.

Equities

3778

JP3317300006

Internet Services

Market Closed - Japan Exchange 02:00:00 2024-05-01 am EDT 5-day change 1st Jan Change
5,600 JPY 0.00% Intraday chart for SAKURA Internet Inc. +4.09% +153.51%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 28,554 18,622 17,000 28,527 20,794 22,111
Enterprise Value (EV) 1 36,450 29,094 26,628 36,573 26,841 26,858
P/E ratio 81.8 x 204 x 106 x 37.6 x 75.6 x 33.9 x
Yield 0.33% 0.51% 0.54% 0.38% 0.53% 0.56%
Capitalization / Revenue 1.68 x 0.95 x 0.78 x 1.29 x 1.04 x 1.07 x
EV / Revenue 2.14 x 1.49 x 1.22 x 1.65 x 1.34 x 1.3 x
EV / EBITDA 11.9 x 9.02 x 6.64 x 8 x 6.64 x 6.92 x
EV / FCF 18.6 x 17 x -735 x 13.8 x 10.7 x 10.5 x
FCF Yield 5.39% 5.89% -0.14% 7.23% 9.31% 9.48%
Price to Book 3.63 x 2.49 x 2.32 x 3.56 x 2.5 x 2.65 x
Nbr of stocks (in thousands) 37,620 37,620 36,480 36,480 36,480 35,663
Reference price 2 759.0 495.0 466.0 782.0 570.0 620.0
Announcement Date 6/15/18 6/14/19 6/15/20 6/15/21 6/15/22 6/15/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 17,033 19,501 21,908 22,168 20,019 20,622
EBITDA 1 3,065 3,225 4,013 4,570 4,040 3,881
EBIT 1 748 567 939 1,381 764 1,093
Operating Margin 4.39% 2.91% 4.29% 6.23% 3.82% 5.3%
Earnings before Tax (EBT) 1 541 322 376 1,083 385 959
Net income 1 349 91 160 758 275 666
Net margin 2.05% 0.47% 0.73% 3.42% 1.37% 3.23%
EPS 2 9.277 2.425 4.386 20.78 7.538 18.27
Free Cash Flow 1 1,963 1,715 -36.25 2,646 2,499 2,547
FCF margin 11.53% 8.79% -0.17% 11.93% 12.48% 12.35%
FCF Conversion (EBITDA) 64.06% 53.18% - 57.89% 61.85% 65.62%
FCF Conversion (Net income) 562.57% 1,884.62% - 349.04% 908.59% 382.41%
Dividend per Share 2 2.500 2.500 2.500 3.000 3.000 3.500
Announcement Date 6/15/18 6/14/19 6/15/20 6/15/21 6/15/22 6/15/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2021 S2 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 10,329 10,695 11,473 9,662 4,960 4,964 9,989 5,054 5,105 10,343 5,315
EBITDA - - - - - - - - - - -
EBIT 1 407 601 771 197 241 244 436 258 104 249 199
Operating Margin 3.94% 5.62% 6.72% 2.04% 4.86% 4.92% 4.36% 5.1% 2.04% 2.41% 3.74%
Earnings before Tax (EBT) 1 310 453 - -131 223 213 373 240 134 232 153
Net income 1 177 326 432 -69 146 142 247 170 108 175 129
Net margin 1.71% 3.05% 3.77% -0.71% 2.94% 2.86% 2.47% 3.36% 2.12% 1.69% 2.43%
EPS 2 4.860 8.960 - -1.900 4.030 3.920 6.760 4.660 3.040 4.910 3.610
Dividend per Share - - - - - - - - - - -
Announcement Date 10/29/19 10/27/20 4/27/21 10/27/21 1/31/22 7/28/22 10/28/22 1/31/23 7/31/23 10/30/23 1/31/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 7,896 10,472 9,628 8,046 6,047 4,747
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.576 x 3.247 x 2.399 x 1.761 x 1.497 x 1.223 x
Free Cash Flow 1 1,963 1,715 -36.3 2,646 2,499 2,547
ROE (net income / shareholders' equity) 4.53% 1.93% 2.78% 10% 3.61% 7.92%
ROA (Net income/ Total Assets) 1.79% 1.24% 1.96% 3.04% 1.69% 2.5%
Assets 1 19,454 7,354 8,172 24,924 16,233 26,641
Book Value Per Share 2 209.0 199.0 201.0 219.0 228.0 234.0
Cash Flow per Share 2 123.0 151.0 125.0 114.0 149.0 135.0
Capex 1 1,122 2,382 2,755 1,351 1,294 498
Capex / Sales 6.59% 12.21% 12.58% 6.09% 6.46% 2.41%
Announcement Date 6/15/18 6/14/19 6/15/20 6/15/21 6/15/22 6/15/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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