Financials Artner Co.,Ltd.

Equities

2163

JP3126230006

Employment Services

Market Closed - Japan Exchange 07:00:00 14/05/2024 BST 5-day change 1st Jan Change
2,204 JPY +1.05% Intraday chart for Artner Co.,Ltd. +1.33% -3.71%

Valuation

Fiscal Period: January 2019 2020 2021 2022 2023 2024
Capitalization 1 9,799 8,779 9,172 9,236 10,594 23,493
Enterprise Value (EV) 1 7,749 6,396 6,153 5,682 6,619 19,216
P/E ratio 18.1 x 14.3 x 14.6 x 12.7 x 11.8 x 22.4 x
Yield - - - - - -
Capitalization / Revenue 1.55 x 1.25 x 1.28 x 1.14 x 1.15 x 2.32 x
EV / Revenue 1.22 x 0.91 x 0.86 x 0.7 x 0.72 x 1.9 x
EV / EBITDA 9.67 x 7.01 x 6.71 x 5.47 x 5.43 x 12.4 x
EV / FCF 18.1 x 12.7 x 8.64 x 8.7 x 10.1 x 18.8 x
FCF Yield 5.53% 7.86% 11.6% 11.5% 9.95% 5.32%
Price to Book 4.2 x 3.22 x 2.94 x 2.58 x 2.62 x 5.5 x
Nbr of stocks (in thousands) 10,628 10,628 10,628 10,628 10,626 10,625
Reference price 2 922.0 826.0 863.0 869.0 997.0 2,211
Announcement Date 25/04/19 23/04/20 22/04/21 21/04/22 27/04/23 25/04/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: January 2019 2020 2021 2022 2023 2024
Net sales 1 6,331 7,002 7,174 8,102 9,242 10,110
EBITDA 1 801 912 917 1,038 1,219 1,547
EBIT 1 785 886 887 1,010 1,194 1,523
Operating Margin 12.4% 12.65% 12.36% 12.47% 12.92% 15.06%
Earnings before Tax (EBT) 1 791 893 912 1,057 1,202 1,526
Net income 1 540 613 628 728 895 1,051
Net margin 8.53% 8.75% 8.75% 8.99% 9.68% 10.4%
EPS 2 50.82 57.69 59.10 68.51 84.23 98.91
Free Cash Flow 1 428.6 502.8 712.4 653.2 658.2 1,022
FCF margin 6.77% 7.18% 9.93% 8.06% 7.12% 10.11%
FCF Conversion (EBITDA) 53.51% 55.13% 77.69% 62.93% 54% 66.06%
FCF Conversion (Net income) 79.38% 82.01% 113.44% 89.73% 73.55% 97.23%
Dividend per Share - - - - - -
Announcement Date 25/04/19 23/04/20 22/04/21 21/04/22 27/04/23 25/04/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: January 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 3,654 3,980 2,016 2,232 4,522 2,369 2,493 5,006 2,547
EBITDA - - - - - - - - -
EBIT 1 475 566 258 378 690 243 477 882 284
Operating Margin 13% 14.22% 12.8% 16.94% 15.26% 10.26% 19.13% 17.62% 11.15%
Earnings before Tax (EBT) 1 480 605 261 379 691 251 479 890 294
Net income 1 332 420 181 263 479 174 333 617 203
Net margin 9.09% 10.55% 8.98% 11.78% 10.59% 7.34% 13.36% 12.33% 7.97%
EPS 2 31.29 39.53 17.03 24.78 45.15 16.33 31.36 58.14 19.08
Dividend per Share 11.50 14.00 - - 20.00 - - 37.50 -
Announcement Date 08/09/20 08/09/21 08/12/21 08/06/22 08/09/22 08/12/22 08/06/23 08/09/23 08/12/23
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: January 2019 2020 2021 2022 2023 2024
Net Debt 1 - - - - - -
Net Cash position 1 2,050 2,383 3,019 3,554 3,975 4,277
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 429 503 712 653 658 1,022
ROE (net income / shareholders' equity) 25.1% 24.2% 21.5% 21.7% 23.5% 25.3%
ROA (Net income/ Total Assets) 16.3% 15.7% 13.5% 13.3% 13.9% 16.2%
Assets 1 3,317 3,910 4,663 5,490 6,453 6,507
Book Value Per Share 2 220.0 257.0 294.0 337.0 381.0 402.0
Cash Flow per Share 2 193.0 224.0 284.0 334.0 374.0 403.0
Capex 1 12 16 36 4 7 3
Capex / Sales 0.19% 0.23% 0.5% 0.05% 0.08% 0.03%
Announcement Date 25/04/19 23/04/20 22/04/21 21/04/22 27/04/23 25/04/24
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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