Stock 8927 MEIHO ENTERPRISE CO., LTD.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Meiho Enterprise Co., Ltd.

Equities

8927

JP3920300005

Real Estate Development & Operations

Market Closed - Japan Exchange
Other stock markets
 07:00:00 16/05/2024 BST 		5-day change 1st Jan Change
363 JPY 0.00% Intraday chart for Meiho Enterprise Co., Ltd. -2.42% +47.56%
04-02 Meiho Enterprise Returns to Profit in Fiscal H1 as Revenue Nearly Triples MT
2023 Meiho Enterprise Co., Ltd. Provides Second Quarter Dividend Guidance CI

Valuation

Fiscal Period: July 2018 2019 2020 2021 2022 2023
Capitalization 1 13,578 6,210 4,817 5,360 4,392 6,695
Enterprise Value (EV) 1 16,805 10,802 8,431 7,541 7,988 15,933
P/E ratio 6.12 x 45 x 15.8 x 6.5 x 6.86 x 9.58 x
Yield 0.87% 1.9% 2.45% 3.52% - 3.96%
Capitalization / Revenue 0.94 x 0.58 x 0.49 x 0.53 x 0.39 x 0.44 x
EV / Revenue 1.16 x 1.02 x 0.85 x 0.74 x 0.72 x 1.04 x
EV / EBITDA 6.11 x 23.7 x 14.9 x 7.46 x 7 x 11.7 x
EV / FCF -69.2 x -24.6 x 7.5 x 6.36 x -6.59 x -2.98 x
FCF Yield -1.44% -4.07% 13.3% 15.7% -15.2% -33.6%
Price to Book 3.2 x 1.49 x 1.1 x 1.06 x 0.79 x 0.96 x
Nbr of stocks (in thousands) 23,614 23,614 23,614 23,614 23,614 29,493
Reference price 2 575.0 263.0 204.0 227.0 186.0 227.0
Announcement Date 30/10/18 30/10/19 30/10/20 29/10/21 31/10/22 31/10/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juli 2018 2019 2020 2021 2022 2023
Net sales 1 14,479 10,638 9,907 10,181 11,160 15,247
EBITDA 1 2,751 455 565 1,011 1,141 1,356
EBIT 1 2,747 450 553 999 1,126 1,314
Operating Margin 18.97% 4.23% 5.58% 9.81% 10.09% 8.62%
Earnings before Tax (EBT) 1 2,623 290 284 960 928 986
Net income 1 2,256 138 305 825 640 637
Net margin 15.58% 1.3% 3.08% 8.1% 5.73% 4.18%
EPS 2 93.92 5.844 12.92 34.94 27.10 23.69
Free Cash Flow 1 -242.8 -439.9 1,124 1,185 -1,213 -5,353
FCF margin -1.68% -4.13% 11.35% 11.64% -10.87% -35.11%
FCF Conversion (EBITDA) - - 199% 117.24% - -
FCF Conversion (Net income) - - 368.65% 143.67% - -
Dividend per Share 2 5.000 5.000 5.000 8.000 - 9.000
Announcement Date 30/10/18 30/10/19 30/10/20 29/10/21 31/10/22 31/10/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: July 2020 S1 2021 S1 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1
Net sales 1 - 3,131 1,682 2,897 3,061 1,686 3,385 6,342 4,918 10,868
EBITDA - - - - - - - - - -
EBIT 1 - 172 116 73 292 82 89 771 498 1,374
Operating Margin - 5.49% 6.9% 2.52% 9.54% 4.86% 2.63% 12.16% 10.13% 12.64%
Earnings before Tax (EBT) 1 - 177 89 6 234 31 -51 723 374 1,192
Net income 1 - 150 54 -39 203 28 -46 479 271 835
Net margin - 4.79% 3.21% -1.35% 6.63% 1.66% -1.36% 7.55% 5.51% 7.68%
EPS 2 - 6.370 2.310 -1.690 8.670 1.190 -1.900 18.58 9.190 28.34
Dividend per Share - - - - - - - - - 4.500
Announcement Date - 17/03/21 15/12/21 17/03/22 14/06/22 15/12/22 17/03/23 14/06/23 15/12/23 15/03/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: July 2018 2019 2020 2021 2022 2023
Net Debt 1 3,227 4,592 3,614 2,181 3,596 9,238
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.173 x 10.09 x 6.396 x 2.157 x 3.152 x 6.813 x
Free Cash Flow 1 -243 -440 1,124 1,185 -1,213 -5,353
ROE (net income / shareholders' equity) 67.2% 3.27% 7.17% 17.5% 12.1% 10%
ROA (Net income/ Total Assets) 18.8% 2.58% 3.01% 5.42% 5.5% 4.5%
Assets 1 11,976 5,357 10,135 15,232 11,638 14,143
Book Value Per Share 2 180.0 177.0 185.0 215.0 234.0 238.0
Cash Flow per Share 2 69.50 71.30 99.30 144.0 149.0 124.0
Capex 1 4 - 1 1 68 23
Capex / Sales 0.03% - 0.01% 0.01% 0.61% 0.15%
Announcement Date 30/10/18 30/10/19 30/10/20 29/10/21 31/10/22 31/10/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly earnings - Rate of surprise

Company calendar

Sector Residential Real Estate Development

1st Jan change Capi.
MEIHO ENTERPRISE CO., LTD. Stock Meiho Enterprise Co., Ltd.
+47.56% 69.14M
VONOVIA SE Stock Vonovia SE
+4.20% 26.51B
CHINA VANKE CO., LTD. Stock China Vanke Co., Ltd.
-26.10% 11.73B
AKELIUS RESIDENTIAL PROPERTY AB Stock Akelius Residential Property AB
+8.50% 10.88B
DEUTSCHE WOHNEN SE Stock Deutsche Wohnen SE
-21.64% 7.98B
LEG IMMOBILIEN SE Stock LEG Immobilien SE
+9.15% 6.95B
VINHOMES Stock Vinhomes
-6.83% 6.89B
VINGROUP Stock Vingroup
+3.92% 6.77B
IIDA GROUP HOLDINGS CO., LTD. Stock Iida Group Holdings Co., Ltd.
-2.82% 3.8B
OPEN HOUSE GROUP CO., LTD. Stock Open House Group Co., Ltd.
+9.95% 3.61B
Residential Real Estate Development
  1. Stock Market
  2. Equities
  3. 8927 Stock
  4. Financials Meiho Enterprise Co., Ltd.