Financials ENDO Lighting Corporation

Equities

6932

JP3169600008

Construction Supplies & Fixtures

Market Closed - Japan Exchange 07:00:00 10/05/2024 BST 5-day change 1st Jan Change
1,550 JPY -2.08% Intraday chart for ENDO Lighting Corporation -3.49% +29.06%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 11,245 8,629 10,063 13,845 13,786 22,903 - -
Enterprise Value (EV) 1 22,279 19,696 17,886 19,071 17,758 22,711 22,903 22,903
P/E ratio 4.79 x 4.5 x 7.88 x 4.16 x 4.65 x 4.88 x 5.45 x 5.33 x
Yield 3.94% 5.14% 2.2% 2.4% 3.22% 2.6% 2.58% 2.58%
Capitalization / Revenue 0.28 x 0.22 x 0.28 x 0.34 x 0.3 x 0.44 x 0.43 x 0.42 x
EV / Revenue 0.28 x 0.22 x 0.28 x 0.34 x 0.3 x 0.44 x 0.43 x 0.42 x
EV / EBITDA 1.81 x - - 2.01 x 2.22 x 2.79 x 2.69 x 2.63 x
EV / FCF 2,989,027 x 15,086,236 x 2,843,351 x 6,786,900 x 14,139,661 x 3,242,109 x - -
FCF Yield 0% 0% 0% 0% 0% 0% - -
Price to Book 0.54 x 0.39 x 0.43 x 0.49 x 0.44 x 0.59 x 0.54 x 0.5 x
Nbr of stocks (in thousands) 14,776 14,776 14,776 14,776 14,776 14,776 - -
Reference price 2 761.0 584.0 681.0 937.0 933.0 1,550 1,550 1,550
Announcement Date 26/04/19 30/04/20 30/04/21 28/04/22 28/04/23 30/04/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 39,757 39,171 35,417 40,644 45,731 51,706 53,000 55,000
EBITDA 1 6,226 - - 6,890 6,221 8,200 8,500 8,700
EBIT 1 2,758 2,541 1,907 3,827 3,092 5,203 5,500 5,700
Operating Margin 6.94% 6.49% 5.38% 9.42% 6.76% 10.06% 10.38% 10.36%
Earnings before Tax (EBT) 3,054 2,563 1,931 4,283 3,294 5,723 - -
Net income 1 2,349 1,917 1,277 3,330 2,962 4,649 4,200 4,300
Net margin 5.91% 4.89% 3.61% 8.19% 6.48% 8.99% 7.92% 7.82%
EPS 2 159.0 129.8 86.43 225.4 200.5 314.7 284.2 291.0
Free Cash Flow 3,762 572 3,539 2,040 975 7,005 - -
FCF margin 9.46% 1.46% 9.99% 5.02% 2.13% 13.55% - -
FCF Conversion (EBITDA) 60.42% - - 29.61% 15.67% - - -
FCF Conversion (Net income) 160.15% 29.84% 277.13% 61.26% 32.92% 150.68% - -
Dividend per Share 2 30.00 30.00 15.00 22.50 30.00 40.00 40.00 40.00
Announcement Date 26/04/19 30/04/20 30/04/21 28/04/22 28/04/23 30/04/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1 2025 Q2 2025 S1 2025 Q3 2025 Q4 2025 S2
Net sales 1 18,860 15,557 9,654 18,952 9,685 12,007 21,692 10,135 11,052 21,187 11,694 12,850 24,544 11,758 12,149 23,907 13,314 14,485 27,799 12,000 12,500 24,500 13,500 15,000 28,500
EBITDA - - - - - - - - - - - - - - - - - - - - - - - - -
EBIT 1 1,027 439 633 1,640 823 1,364 2,187 637 529 1,166 549 1,377 1,926 862 1,156 2,018 1,525 1,660 3,185 1,000 1,000 2,000 1,500 2,000 3,500
Operating Margin 5.45% 2.82% 6.56% 8.65% 8.5% 11.36% 10.08% 6.29% 4.79% 5.5% 4.69% 10.72% 7.85% 7.33% 9.52% 8.44% 11.45% 11.46% 11.46% 8.33% 8% 8.16% 11.11% 13.33% 12.28%
Earnings before Tax (EBT) 965 580 - 1,860 980 - - 596 773 1,369 356 - - 1,001 - 2,370 1,603 - - - - - - - -
Net income 699 360 - 1,374 758 - - 351 611 962 103 - - 760 - 1,804 1,262 - - - - - - - -
Net margin 3.71% 2.31% - 7.25% 7.83% - - 3.46% 5.53% 4.54% 0.88% - - 6.46% - 7.55% 9.48% - - - - - - - -
EPS 47.36 24.37 - 93.01 51.32 - - 23.78 41.37 65.16 6.950 - - 51.48 - 122.2 85.35 - - - - - - - -
Dividend per Share 15.00 7.500 - 7.500 - - - - - 15.00 - - - - - 17.50 - - - - - - - - -
Announcement Date 31/10/19 30/10/20 29/10/21 29/10/21 31/01/22 28/04/22 28/04/22 29/07/22 31/10/22 31/10/22 31/01/23 28/04/23 28/04/23 31/07/23 31/10/23 31/10/23 31/01/24 30/04/24 30/04/24 - - - - - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 11,034 11,067 7,823 5,226 3,972 - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 1.772 x - - 0.7585 x 0.6385 x - - -
Free Cash Flow 3,762 572 3,539 2,040 975 7,005 - -
ROE (net income / shareholders' equity) 11.4% 8.9% 5.6% 12.9% 9.9% 13.3% - -
ROA (Net income/ Total Assets) 6.26% 5.07% 3.87% 8.01% 6.43% 9.53% - -
Assets 1 37,544 37,778 33,038 41,592 46,077 48,771 - -
Book Value Per Share 2 1,419 1,510 1,593 1,911 2,134 2,610 2,854 3,105
Cash Flow per Share 381.0 342.0 299.0 433.0 399.0 516.0 - -
Capex 1 2,696 2,207 2,305 2,994 2,926 3,147 3,000 3,000
Capex / Sales 6.78% 5.63% 6.51% 7.37% 6.4% 6.09% 5.66% 5.45%
Announcement Date 26/04/19 30/04/20 30/04/21 28/04/22 28/04/23 30/04/24 - -
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

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