Financials Aeon Delight Co., Ltd.

Equities

9787

JP3389700000

Business Support Services

Market Closed - Japan Exchange Other stock markets 07:00:00 02/05/2024 BST			5-day change	1st Jan Change
3,735 ^JPY	+0.40%		+0.95%	+4.92%

04-09	Aeon Delight Co., Ltd. Announces Year-End Dividend for the Fiscal Year Ended February 29, 2024, Payable on May 7, 2024; Provides Second Quarter-End Dividend Guidance of Fiscal Year Ending February 28, 2025	CI
04-09	Aeon Delight Co., Ltd. Provides Consolidated Earnings guidance for the Year Ending February 28, 2025	CI

Valuation

Fiscal Period: February	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	206,644	164,293	158,816	148,734	147,575	181,279	-	-
Enterprise Value (EV) ¹	162,820	102,201	99,342	80,699	97,165	98,000	181,279	181,279
P/E ratio	33.7 x	17.6 x	13.6 x	13.9 x	14.6 x	15.6 x	17.6 x	16.9 x
Yield	1.52%	1.98%	2.58%	2.82%	2.86%	2.51%	2.33%	2.38%
Capitalization / Revenue	0.68 x	0.53 x	0.53 x	0.47 x	0.49 x	0.51 x	0.54 x	0.52 x
EV / Revenue	0.54 x	0.33 x	0.33 x	0.25 x	0.32 x	0.3 x	0.54 x	0.52 x
EV / EBITDA	9.93 x	5.33 x	5.63 x	4.36 x	5.31 x	5.4 x	9.34 x	9.02 x
EV / FCF	6.61 x	4.82 x	12.5 x	8.85 x	-53.4 x	6.9 x	17.4 x	16.8 x
FCF Yield	15.1%	20.8%	7.98%	11.3%	-1.87%	14.5%	5.74%	5.96%
Price to Book	2.82 x	2.08 x	1.82 x	1.57 x	1.49 x	1.61 x	1.66 x	1.57 x
Nbr of stocks (in thousands)	49,914	49,937	50,021	50,011	49,672	48,535	-	-
Reference price ²	4,140	3,290	3,175	2,974	2,971	3,735	3,735	3,735
Announcement Date	28/06/19	10/04/20	09/04/21	07/04/22	11/04/23	09/04/24	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	302,915	308,582	300,085	317,657	303,776	324,820	337,000	349,000
EBITDA ¹	16,391	19,168	17,657	18,488	18,297	18,153	19,400	20,100
EBIT ¹	13,030	16,001	15,230	15,733	15,814	15,235	15,800	16,500
Operating Margin	4.3%	5.19%	5.08%	4.95%	5.21%	4.69%	4.69%	4.73%
Earnings before Tax (EBT) ¹	13,166	15,548	10,651	16,355	15,577	15,579	15,800	16,500
Net income ¹	6,415	9,348	11,680	10,665	10,152	10,707	10,300	10,700
Net margin	2.12%	3.03%	3.89%	3.36%	3.34%	3.3%	3.06%	3.07%
EPS ²	122.9	187.2	233.7	213.3	203.5	219.7	212.2	220.5
Free Cash Flow ¹	24,629	21,209	7,923	9,120	-1,820	14,199	10,400	10,800
FCF margin	8.13%	6.87%	2.64%	2.87%	-0.6%	4.37%	3.09%	3.09%
FCF Conversion (EBITDA)	150.26%	110.65%	44.87%	49.33%	-	78.22%	53.61%	53.73%
FCF Conversion (Net income)	383.93%	226.88%	67.83%	85.51%	-	132.61%	100.97%	100.93%
Dividend per Share ²	63.00	65.00	82.00	84.00	85.00	86.00	87.00	89.00
Announcement Date	28/06/19	10/04/20	09/04/21	07/04/22	11/04/23	09/04/24	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: February	2020 S1	2021 S1	2022 Q2	2022 S1	2022 Q3	2023 Q1	2023 Q2	2023 S1	2023 Q3	2024 Q1	2024 S1	2024 Q3	2024 Q4
Net sales ¹	157,482	149,734	84,219	163,907	76,808	71,786	75,814	147,660	79,173	79,118	161,511	80,400	82,909
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	8,594	7,500	4,699	8,427	3,425	3,282	3,318	6,602	4,216	3,447	7,263	3,599	4,373
Operating Margin	5.46%	5.01%	5.58%	5.14%	4.46%	4.57%	4.38%	4.47%	5.33%	4.36%	4.5%	4.48%	5.27%
Earnings before Tax (EBT)	8,411	5,479	4,675	8,448	4,502	3,306	-	6,567	4,404	3,487	7,401	3,671	-
Net income	5,181	3,943	3,050	5,557	2,938	2,246	2,054	4,336	2,827	2,299	5,325	2,292	-
Net margin	3.29%	2.63%	3.62%	3.39%	3.83%	3.13%	2.71%	2.94%	3.57%	2.91%	3.3%	2.85%	-
EPS	103.8	78.90	-	111.1	58.73	44.91	-	86.68	56.63	46.79	108.9	47.21	-
Dividend per Share	32.00	35.00	-	42.00	-	-	-	42.00	-	-	43.00	-	-
Announcement Date	09/10/19	07/10/20	06/10/21	06/10/21	12/01/22	05/07/22	04/10/22	04/10/22	12/01/23	11/07/23	10/10/23	10/01/24	09/04/24

¹JPY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: February	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	43,824	62,092	59,474	68,035	50,410	67,972	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	24,629	21,209	7,923	9,120	-1,820	14,199	10,400	10,800
ROE (net income / shareholders' equity)	8.1%	12.3%	14.1%	11.7%	10.5%	10.6%	9.7%	9.5%
ROA (Net income/ Total Assets)	9.5%	11.7%	8.54%	11.3%	10.9%	9.96%	6.3%	6.2%
Assets ¹	67,559	79,575	136,741	94,371	93,074	107,501	163,492	172,581
Book Value Per Share ²	1,466	1,579	1,747	1,891	1,992	2,124	2,248	2,380
Cash Flow per Share	173.0	234.0	282.0	268.0	253.0	280.0	-	-
Capex ¹	2,774	2,361	2,469	3,478	3,196	3,613	-	-
Capex / Sales	0.92%	0.77%	0.82%	1.09%	1.05%	1.11%	-	-
Announcement Date	28/06/19	10/04/20	09/04/21	07/04/22	11/04/23	09/04/24	-	-

¹JPY in Million²JPY

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Aeon Delight Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

3,735 JPY

Average target price

3,350 JPY

Spread / Average Target

-10.31%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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