Financials Dai-Dan Co., Ltd.

Equities

1980

JP3486000007

Construction & Engineering

Market Closed - Japan Exchange 07:00:00 01/07/2024 BST 5-day change 1st Jan Change
2,979 JPY -2.96% Intraday chart for Dai-Dan Co., Ltd. -2.01% +109.05%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 57,288 62,961 63,329 44,904 50,720 106,745 127,657 -
Enterprise Value (EV) 1 49,854 47,000 36,737 32,743 28,962 106,745 127,657 127,657
P/E ratio 10.5 x 9.98 x 10.1 x 7.77 x 7.65 x 11.7 x 10.7 x 10.2 x
Yield 2.96% 3.1% 3.04% 4.29% 4.22% 3.03% 3.75% 3.91%
Capitalization / Revenue 0.37 x 0.37 x 0.4 x 0.28 x 0.27 x 0.54 x 0.51 x 0.5 x
EV / Revenue 0.37 x 0.37 x 0.4 x 0.28 x 0.27 x 0.54 x 0.51 x 0.5 x
EV / EBITDA - - - - - - - -
EV / FCF -3.98 x 5.07 x 4.64 x - - - -38.6 x 12.5 x
FCF Yield -25.1% 19.7% 21.6% - - - -2.59% 8%
Price to Book 0.87 x 0.94 x 0.85 x 0.58 x 0.62 x 1.14 x 1.3 x 1.21 x
Nbr of stocks (in thousands) 44,582 43,332 42,747 42,786 42,820 42,852 42,852 -
Reference price 2 1,285 1,453 1,482 1,050 1,184 2,491 3,070 3,070
Announcement Date 09/05/19 14/05/20 12/05/21 11/05/22 11/05/23 09/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 155,565 169,229 157,712 162,929 185,961 197,431 250,000 255,000
EBITDA - - - - - - - -
EBIT 1 7,661 9,063 8,754 7,584 8,428 10,877 17,366 18,274
Operating Margin 4.92% 5.36% 5.55% 4.65% 4.53% 5.51% 6.95% 7.17%
Earnings before Tax (EBT) 1 7,945 9,222 9,233 8,312 9,830 13,268 18,008 18,917
Net income 1 5,464 6,399 6,318 5,778 6,626 9,087 12,239 12,857
Net margin 3.51% 3.78% 4.01% 3.55% 3.56% 4.6% 4.9% 5.04%
EPS 2 122.6 145.6 146.0 135.1 154.8 212.1 285.6 300.0
Free Cash Flow 1 -14,391 12,417 13,657 - - - -3,303 10,216
FCF margin -9.25% 7.34% 8.66% - - - -1.32% 4.01%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - 194.05% 216.16% - - - - 79.46%
Dividend per Share 2 38.00 45.00 45.00 45.00 50.00 75.50 115.0 120.0
Announcement Date 09/05/19 14/05/20 12/05/21 11/05/22 11/05/23 09/05/24 - -
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 78,917 72,734 65,780 42,477 35,342 82,690 47,398 40,731 91,306 48,198
EBITDA - - - - - - - - - -
EBIT 1 4,091 5,070 2,768 1,292 818 3,650 1,521 691 3,031 3,311
Operating Margin 5.18% 6.97% 4.21% 3.04% 2.31% 4.41% 3.21% 1.7% 3.32% 6.87%
Earnings before Tax (EBT) 1 4,229 5,354 3,080 1,480 1,298 4,588 1,520 1,139 3,689 3,989
Net income 1 2,897 3,654 2,077 982 862 3,045 954 755 2,411 2,704
Net margin 3.67% 5.02% 3.16% 2.31% 2.44% 3.68% 2.01% 1.85% 2.64% 5.61%
EPS 2 65.72 84.30 48.57 22.95 20.16 71.14 22.28 17.64 56.29 63.12
Dividend per Share 20.00 22.50 22.50 - - 22.50 - - 27.50 -
Announcement Date 07/11/19 06/11/20 09/11/21 09/02/22 05/08/22 08/11/22 08/02/23 04/08/23 09/11/23 08/02/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 7,434 15,961 26,592 12,161 21,758 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 -14,391 12,417 13,657 - - - -3,303 10,216
ROE (net income / shareholders' equity) 8.4% 9.6% 8.9% 7.6% 8.3% 10.3% 12.6% 12.3%
ROA (Net income/ Total Assets) 6.39% 7.62% 7.26% 5.97% 6.46% 7.71% 7.3% 7.1%
Assets 1 85,468 84,030 87,061 96,827 102,601 117,837 167,658 181,085
Book Value Per Share 2 1,485 1,551 1,746 1,802 1,921 2,188 2,359 2,539
Cash Flow per Share 133.0 156.0 157.0 146.0 166.0 230.0 - -
Capex 1 850 325 584 1,203 2,887 - 2,046 2,087
Capex / Sales 0.55% 0.19% 0.37% 0.74% 1.55% - 0.82% 0.82%
Announcement Date 09/05/19 14/05/20 12/05/21 11/05/22 11/05/23 09/05/24 - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
3,070 JPY
Average target price
4,400 JPY
Spread / Average Target
+43.32%
Consensus
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