Financials Ifuji Sangyo Co., Ltd.

Equities

2924

JP3148950003

Fishing & Farming

Market Closed - Japan Exchange 07:00:00 10/05/2024 BST 5-day change 1st Jan Change
1,383 JPY -2.05% Intraday chart for Ifuji Sangyo Co., Ltd. -3.69% +1.77%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 6,489 5,847 6,415 7,672 8,089 8,425
Enterprise Value (EV) 1 7,311 6,280 6,251 6,866 6,667 6,431
P/E ratio 11.7 x 10.6 x 10.5 x 9.23 x 8.11 x 7.54 x
Yield 2.05% 2.42% 2.54% 2.56% 2.84% 3.23%
Capitalization / Revenue 0.45 x 0.43 x 0.45 x 0.55 x 0.46 x 0.4 x
EV / Revenue 0.51 x 0.46 x 0.44 x 0.5 x 0.38 x 0.31 x
EV / EBITDA 6.46 x 5.15 x 4.73 x 4.37 x 3.92 x 3.23 x
EV / FCF 25.5 x 12.4 x 7.33 x 10.1 x 8.09 x 7.73 x
FCF Yield 3.92% 8.09% 13.6% 9.89% 12.4% 12.9%
Price to Book 1.23 x 1.03 x 1.06 x 1.14 x 1.07 x 1 x
Nbr of stocks (in thousands) 8,330 8,330 8,141 8,179 8,212 8,244
Reference price 2 779.0 702.0 788.0 938.0 985.0 1,022
Announcement Date 28/06/18 27/06/19 26/06/20 28/06/21 29/06/22 29/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 14,396 13,711 14,312 13,825 17,430 20,891
EBITDA 1 1,132 1,219 1,321 1,570 1,701 1,992
EBIT 1 694 806 930 1,185 1,327 1,577
Operating Margin 4.82% 5.88% 6.5% 8.57% 7.61% 7.55%
Earnings before Tax (EBT) 1 831 829 924 1,210 1,337 1,614
Net income 1 555 552 614 830 996 1,116
Net margin 3.86% 4.03% 4.29% 6% 5.71% 5.34%
EPS 2 66.63 66.27 75.18 101.6 121.4 135.5
Free Cash Flow 1 286.4 508.2 853 679 824.4 831.9
FCF margin 1.99% 3.71% 5.96% 4.91% 4.73% 3.98%
FCF Conversion (EBITDA) 25.3% 41.69% 64.57% 43.25% 48.46% 41.76%
FCF Conversion (Net income) 51.6% 92.07% 138.93% 81.81% 82.77% 74.54%
Dividend per Share 2 16.00 17.00 20.00 24.00 28.00 33.00
Announcement Date 28/06/18 27/06/19 26/06/20 28/06/21 29/06/22 29/06/23
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 6,564 6,350 9,020 4,656 4,523 8,928 5,691 6,997 13,182 6,324
EBITDA - - - - - - - - - -
EBIT 1 450 494 658 430 401 668 457 744 1,220 419
Operating Margin 6.86% 7.78% 7.29% 9.24% 8.87% 7.48% 8.03% 10.63% 9.26% 6.63%
Earnings before Tax (EBT) 1 449 518 672 447 410 689 467 768 1,247 639
Net income 1 310 359 534 312 283 475 322 695 1,027 442
Net margin 4.72% 5.65% 5.92% 6.7% 6.26% 5.32% 5.66% 9.93% 7.79% 6.99%
EPS 2 37.84 44.04 65.22 37.97 34.48 57.88 39.04 84.38 124.6 53.42
Dividend per Share 9.000 10.00 12.00 - - 14.00 - - 26.00 -
Announcement Date 06/11/19 10/11/20 11/11/21 09/02/22 04/08/22 10/11/22 09/02/23 09/08/23 09/11/23 13/02/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 822 433 - - - -
Net Cash position 1 - - 164 806 1,422 1,994
Leverage (Debt/EBITDA) 0.7261 x 0.3552 x - - - -
Free Cash Flow 1 286 508 853 679 824 832
ROE (net income / shareholders' equity) 10.9% 10% 10.5% 13% 14% 14%
ROA (Net income/ Total Assets) 4.01% 4.64% 5.49% 6.89% 7.28% 7.75%
Assets 1 13,852 11,896 11,175 12,039 13,689 14,396
Book Value Per Share 2 635.0 685.0 741.0 822.0 917.0 1,022
Cash Flow per Share 2 267.0 276.0 303.0 363.0 390.0 445.0
Capex 1 490 239 277 236 307 443
Capex / Sales 3.4% 1.74% 1.94% 1.71% 1.76% 2.12%
Announcement Date 28/06/18 27/06/19 26/06/20 28/06/21 29/06/22 29/06/23
1JPY in Million2JPY
Estimates
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