Projected Income Statement: Japan Exchange Group, Inc.

Forecast Balance Sheet: Japan Exchange Group, Inc.

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Net Debt 1 -158,887 -45,839 -75,539 -45,941 -57,978 -136,850 -152,351 -178,703
Change - 71.15% -64.79% 39.18% -26.2% -136.04% -11.33% -17.3%
Announcement Date 26/04/22 27/04/23 30/04/24 28/04/25 28/04/26 - - -
1JPY in Million
Estimates

Cash Flow Forecast: Japan Exchange Group, Inc.

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
CAPEX 1 2,344 11,301 13,100 15,153 9,100 8,328 8,234 8,538
Change - 382.12% 15.92% 15.67% -39.95% -8.48% -1.13% 3.69%
Free Cash Flow (FCF) 1 55,847 - 66,466 - 98,649 - - -
Change - - - - - -100% - -
Announcement Date 26/04/22 27/04/23 30/04/24 28/04/25 28/04/26 - - -
1JPY in Million
Estimates

Forecast Financial Ratios: Japan Exchange Group, Inc.

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029

Profitability

        
EBITDA Margin (%) 67.19% 65.1% 69.17% 66.87% 67.59% 62.18% 58.46% 59.35%
EBIT Margin (%) 54.25% 50.94% 57.2% 55.55% 58.51% 55.51% 53.63% 52.24%
EBT Margin (%) 54.22% 50.9% 57.18% 55.65% 58.83% 58.96% 57.45% 57.84%
Net margin (%) 36.89% 34.59% 39.79% 37.66% 39.82% 39.81% 38.62% 38.51%
FCF margin (%) 41.24% - 43.48% - 49.64% - - -
FCF / Net Income (%) 111.79% - 109.28% - 124.65% - - -

Profitability

        
ROA 0.11% 0.09% 0.11% 0.11% 0.15% 0.1% 0.1% 0.1%
ROE 15.7% 14.7% 19% 18.3% 23.1% 25.29% 23.72% 23.27%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 1.73% 8.43% 8.57% 9.34% 4.58% 3.64% 3.51% 3.5%
CAPEX / EBITDA (%) 2.58% 12.96% 12.39% 13.97% 6.77% 5.85% 6% 5.9%
CAPEX / FCF (%) 4.2% - 19.71% - 9.22% - - -

Items per share

        
Cash flow per share 1 63.72 62.04 76.03 76.37 94.32 - - -
Change - -2.64% 22.56% 0.45% 23.5% - - -
Dividend per Share 1 36 31.5 45.5 45.5 61 72.81 64.73 65.06
Change - -12.5% 44.44% 0% 34.07% 19.37% -11.1% 0.51%
Book Value Per Share 1 299.2 299.7 315.5 327.6 335.6 344.1 366.8 390.4
Change - 0.19% 5.27% 3.81% 2.46% 2.51% 6.59% 6.43%
EPS 1 47.18 44.02 58.44 58.72 76.81 89.04 88.95 92.36
Change - -6.7% 32.78% 0.47% 30.81% 15.92% -0.1% 3.83%
Nbr of stocks (in thousands) 1,055,057 1,048,527 1,028,027 1,040,423 1,027,910 1,020,235 1,020,235 1,020,235
Announcement Date 26/04/22 27/04/23 30/04/24 28/04/25 28/04/26 - - -
1JPY
Estimates
2027 *2028 *
P/E 24.1x 24.1x
PBR 6.23x 5.84x
EV / Sales 8.94x 8.66x
Yield 3.4% 3.02%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
2,142.00JPY
Average target price
2,140.00JPY
Spread / Average Target
-0.09%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. 8697 Stock
  4. Financials Japan Exchange Group, Inc.