Financials J Trust Co., Ltd.

Equities

8508

JP3142350002

Consumer Lending

Market Closed - Japan Exchange 07:00:00 02/05/2024 BST 5-day change 1st Jan Change
446 JPY -1.11% Intraday chart for J Trust Co., Ltd. +0.22% -2.83%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 42,045 45,419 21,386 60,241 60,466 63,021
Enterprise Value (EV) 1 -10,459 7,016 -14,209 -43,161 -88,329 -93,724
P/E ratio -57.5 x -6.86 x -4 x 53.6 x 4.68 x 3.81 x
Yield 2.94% 0.31% - 0.18% 1.93% 3.05%
Capitalization / Revenue 0.55 x 0.58 x 0.65 x 1.42 x 0.73 x 0.55 x
EV / Revenue -0.14 x 0.09 x -0.44 x -1.02 x -1.07 x -0.82 x
EV / EBITDA -2.09 x -2.96 x 54.9 x -4.78 x -8.87 x -44.8 x
EV / FCF 0.27 x 0.38 x 0.1 x -0.2 x -2.42 x 4.56 x
FCF Yield 374% 263% 993% -490% -41.3% 22%
Price to Book 0.29 x 0.45 x 0.23 x 0.63 x 0.52 x 0.42 x
Nbr of stocks (in thousands) 103,052 105,871 105,871 105,871 116,730 137,301
Reference price 2 408.0 429.0 202.0 569.0 518.0 459.0
Announcement Date 28/06/18 27/03/20 30/03/21 30/03/22 29/03/23 26/03/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 76,266 77,867 32,652 42,325 82,419 114,279
EBITDA 1 5,007 -2,369 -259 9,026 9,962 2,091
EBIT 1 2,551 -5,461 -4,272 6,235 5,430 -3,278
Operating Margin 3.34% -7.01% -13.08% 14.73% 6.59% -2.87%
Earnings before Tax (EBT) 1 417 -2,765 -2,977 5,899 16,993 9,772
Net income 1 -731 -6,586 -5,342 1,123 12,632 16,310
Net margin -0.96% -8.46% -16.36% 2.65% 15.33% 14.27%
EPS 2 -7.099 -62.50 -50.46 10.61 110.8 120.3
Free Cash Flow 1 -39,161 18,440 -141,107 211,580 36,517 -20,574
FCF margin -51.35% 23.68% -432.15% 499.89% 44.31% -18%
FCF Conversion (EBITDA) - - - 2,344.11% 366.56% -
FCF Conversion (Net income) - - - 18,840.56% 289.08% -
Dividend per Share 2 12.00 1.333 - 1.000 10.00 14.00
Announcement Date 28/06/18 27/03/20 30/03/21 30/03/22 29/03/23 26/03/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3
Net sales 1 36,809 22,340 8,284 12,351 33,431 23,049 26,136 53,649 30,928
EBITDA - - - - - - - - -
EBIT 1 689 7,160 667 1,942 10,927 1,722 9,293 8,605 2,529
Operating Margin 1.87% 32.05% 8.05% 15.72% 32.69% 7.47% 35.56% 16.04% 8.18%
Earnings before Tax (EBT) 1 558 7,565 795 3,995 13,707 2,031 9,966 10,284 2,815
Net income 1 442 3,894 -1,489 3,628 10,827 1,158 9,124 16,031 2,309
Net margin 1.2% 17.43% -17.97% 29.37% 32.39% 5.02% 34.91% 29.88% 7.47%
EPS 2 4.180 36.79 -14.07 34.27 97.25 8.670 70.16 120.0 16.02
Dividend per Share - - - - - - - 1.000 -
Announcement Date 12/08/20 12/08/21 12/11/21 13/05/22 12/08/22 14/11/22 12/05/23 10/08/23 13/11/23
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 52,504 38,403 35,595 103,402 148,795 156,745
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -39,161 18,440 -141,107 211,580 36,517 -20,574
ROE (net income / shareholders' equity) -0.4% -25.9% -9.14% 3.41% 11.2% 11.3%
ROA (Net income/ Total Assets) 0.25% -3.01% -0.42% 0.68% 0.39% -0.18%
Assets 1 -290,195 219,102 1,262,287 164,422 3,213,432 -9,277,588
Book Value Per Share 2 1,402 945.0 865.0 904.0 1,005 1,104
Cash Flow per Share 2 823.0 774.0 572.0 705.0 1,130 770.0
Capex 1 1,474 1,845 514 2,629 794 815
Capex / Sales 1.93% 2.37% 1.57% 6.21% 0.96% 0.71%
Announcement Date 28/06/18 27/03/20 30/03/21 30/03/22 29/03/23 26/03/24
1JPY in Million2JPY
Estimates
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