Financials Ad-Sol Nissin Corporation

Equities

3837

JP3122030004

IT Services & Consulting

Delayed Japan Exchange 02:37:35 16/05/2024 BST 5-day change 1st Jan Change
1,602 JPY -0.25% Intraday chart for Ad-Sol Nissin Corporation -2.85% +3.02%

Valuation

Fiscal Period: March 2021 2022 2023
Capitalization 1 26,346 15,369 15,963
Enterprise Value (EV) 1 24,758 12,563 12,572
P/E ratio 29.8 x 19.8 x 19.2 x
Yield 1.23% 2.18% 2.22%
Capitalization / Revenue 1.95 x 1.25 x 1.24 x
EV / Revenue 1.83 x 1.03 x 0.98 x
EV / EBITDA 18 x 10.6 x 9.47 x
EV / FCF - 8,511,243 x 15,058,685 x
FCF Yield - 0% 0%
Price to Book 4.94 x 2.58 x 2.39 x
Nbr of stocks (in thousands) 9,251 9,286 9,313
Reference price 2 2,848 1,655 1,714
Announcement Date 25/06/21 29/06/22 29/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2021 2022 2023
Net sales 1 13,518 12,247 12,842
EBITDA 1 1,375 1,182 1,328
EBIT 1 1,285 1,088 1,211
Operating Margin 9.51% 8.88% 9.43%
Earnings before Tax (EBT) 1 1,342 1,136 1,240
Net income 1 898 784 841
Net margin 6.64% 6.4% 6.55%
EPS 2 95.72 83.57 89.33
Free Cash Flow - 1,476 834.9
FCF margin - 12.05% 6.5%
FCF Conversion (EBITDA) - 124.87% 62.87%
FCF Conversion (Net income) - 188.27% 99.27%
Dividend per Share 2 35.00 36.00 38.00
Announcement Date 25/06/21 29/06/22 29/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 6,790 6,228 2,979 3,051 6,236 3,227 3,395 6,835 3,524
EBITDA - - - - - - - - -
EBIT 1 688 608 262 207 530 403 338 709 442
Operating Margin 10.13% 9.76% 8.79% 6.78% 8.5% 12.49% 9.96% 10.37% 12.54%
Earnings before Tax (EBT) 1 736 635 262 210 546 403 340 739 441
Net income 1 507 436 182 147 370 264 220 481 298
Net margin 7.47% 7% 6.11% 4.82% 5.93% 8.18% 6.48% 7.04% 8.46%
EPS 2 55.09 47.14 19.50 15.83 39.85 28.34 23.68 51.70 31.96
Dividend per Share 16.00 18.00 - - 18.00 - - 19.00 -
Announcement Date 04/11/20 08/11/21 07/02/22 04/08/22 07/11/22 07/02/23 03/08/23 07/11/23 07/02/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2021 2022 2023
Net Debt 1 - - -
Net Cash position 1 1,588 2,806 3,391
Leverage (Debt/EBITDA) - - -
Free Cash Flow - 1,476 835
ROE (net income / shareholders' equity) - 13.9% 13.3%
ROA (Net income/ Total Assets) - 8.39% 8.7%
Assets 1 - 9,345 9,671
Book Value Per Share 2 576.0 643.0 717.0
Cash Flow per Share 2 181.0 302.0 364.0
Capex 1 18 39 3
Capex / Sales 0.13% 0.32% 0.02%
Announcement Date 25/06/21 29/06/22 29/06/23
1JPY in Million2JPY
Estimates
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