Financials JTOWER Inc.

Equities

4485

JP3386700003

Construction & Engineering

Market Closed - Japan Exchange 07:00:00 02/05/2024 BST 5-day change 1st Jan Change
3,385 JPY +0.89% Intraday chart for JTOWER Inc. +1.50% -32.30%

Valuation

Fiscal Period: März 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 67,907 177,089 159,189 107,852 86,895 - -
Enterprise Value (EV) 1 61,802 169,886 145,086 106,016 128,795 152,857 162,010
P/E ratio -3,532 x 349 x 245 x -67.3 x -340 x -5,852 x 177 x
Yield - - - - - - 0.57%
Capitalization / Revenue 26.5 x 50.6 x 37.8 x 20.6 x 7.57 x 4.82 x 3.84 x
EV / Revenue 24.2 x 48.5 x 34.4 x 20.3 x 11.2 x 8.47 x 7.15 x
EV / EBITDA 83.9 x 126 x 85.5 x 62.8 x 23.6 x 16.5 x 13.2 x
EV / FCF 132 x 202 x -338 x -9.41 x -1.4 x -7.06 x -13.9 x
FCF Yield 0.75% 0.49% -0.3% -10.6% -71.5% -14.2% -7.18%
Price to Book 10.3 x 25 x 10.5 x 8.37 x 5.48 x 5.5 x 5.87 x
Nbr of stocks (in thousands) 20,454 20,664 21,987 22,011 25,671 - -
Reference price 2 3,320 8,570 7,240 4,900 3,385 3,385 3,385
Announcement Date 12/05/20 14/05/21 12/05/22 11/05/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 2,558 3,502 4,216 5,228 11,486 18,040 22,658
EBITDA 1 - 737 1,349 1,696 1,688 5,451 9,256 12,269
EBIT 1 - 69.62 418.7 560 117 800.5 1,832 3,542
Operating Margin - 2.72% 11.96% 13.28% 2.24% 6.97% 10.16% 15.63%
Earnings before Tax (EBT) 1 - -1.009 214.2 797 -1,456 -194.3 -6.667 745.7
Net income 1 -214.8 -13.18 506.5 644 -1,602 -297.7 -13.55 519.6
Net margin - -0.52% 14.46% 15.28% -30.64% -2.59% -0.08% 2.29%
EPS 2 -29.92 -0.9400 24.58 29.56 -72.84 -9.950 -0.5785 19.13
Free Cash Flow 1 - 466.5 840.2 -429.3 -11,270 -92,152 -21,656 -11,627
FCF margin - 18.23% 23.99% -10.18% -215.57% -802.31% -120.05% -51.31%
FCF Conversion (EBITDA) - 63.3% 62.29% - - - - -
FCF Conversion (Net income) - - 165.9% - - - - -
Dividend per Share 2 - - - - - - - 19.17
Announcement Date 13/11/19 12/05/20 14/05/21 12/05/22 11/05/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: März 2020 S1 2020 S2 2021 S1 2021 S2 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
Net sales 1 - 1,462 1,728 1,773 968.9 1,899 1,013 1,304 2,317 1,109 1,175 2,284 1,301 1,643 2,944 2,087 2,691 4,778 3,128 3,613 6,722
EBITDA 1 - - - - - - - - - 462 431 - 99 696 - 945 1,328 - 1,573 1,681 -
EBIT 1 - 58.71 187.3 231.4 108.6 231 136 193 330 134.5 94.51 229 -305 193 -112 180.5 247.5 428 276 135.7 272
Operating Margin - 4.02% 10.84% 13.05% 11.21% 12.16% 13.43% 14.8% 14.24% 12.13% 8.04% 10.03% -23.44% 11.75% -3.8% 8.65% 9.2% 8.96% 8.82% 3.76% 4.05%
Earnings before Tax (EBT) 1 - 9.172 275.3 - 108 190 137 470 607 196.6 132.4 329 -1,266 -519 -1,785 105.3 89.74 195 -100 -177 -395
Net income 1 - 14.82 200.2 306.3 73.64 128 51 465 516 134.2 88.82 223 -1,382 -443 -1,825 68.04 47.96 116 -119 -197.5 -416
Net margin - 1.01% 11.58% 17.27% 7.6% 6.74% 5.03% 35.66% 22.27% 12.1% 7.56% 9.76% -106.23% -26.96% -61.99% 3.26% 1.78% 2.43% -3.8% -5.47% -6.19%
EPS - - 9.740 - - 5.920 2.330 - - 6.100 - 10.16 -62.86 - - 3.090 - 5.300 -5.440 - -
Dividend per Share 2 - - - - - - - - - - - - - - - - - - - - -
Announcement Date 13/11/19 12/05/20 10/11/20 14/05/21 10/11/21 10/11/21 08/02/22 12/05/22 12/05/22 08/08/22 09/11/22 09/11/22 08/02/23 11/05/23 11/05/23 08/08/23 08/11/23 08/11/23 08/02/24 - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - 41,900 65,962 75,115
Net Cash position 1 - 6,105 7,203 14,103 1,836 - - -
Leverage (Debt/EBITDA) - - - - - 7.687 x 7.127 x 6.122 x
Free Cash Flow 1 - 467 840 -429 -11,270 -92,152 -21,656 -11,627
ROE (net income / shareholders' equity) - -0.3% 7.4% 5.8% -11.4% -4.96% -0.57% 0.8%
ROA (Net income/ Total Assets) - -0.09% 1.13% 2.66% -3.21% - - -
Assets 1 - 14,845 44,659 24,223 49,850 - - -
Book Value Per Share 2 - 324.0 343.0 692.0 586.0 618.0 616.0 577.0
Cash Flow per Share - 42.70 67.60 80.10 -3.180 - - -
Capex 1 - 2,611 2,402 2,585 12,732 77,113 29,915 21,601
Capex / Sales - 102.05% 68.59% 61.31% 243.54% 671.38% 165.83% 95.33%
Announcement Date 13/11/19 12/05/20 14/05/21 12/05/22 11/05/23 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
3,385 JPY
Average target price
5,978 JPY
Spread / Average Target
+76.59%
Consensus
  1. Stock Market
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  3. 4485 Stock
  4. Financials JTOWER Inc.