Financials NISSHIN GROUP HOLDINGS Company, Limited

Equities

8881

JP3677900007

Real Estate Development & Operations

Market Closed - Japan Exchange 07:00:00 17/05/2024 BST 5-day change 1st Jan Change
534 JPY +1.14% Intraday chart for NISSHIN GROUP HOLDINGS Company, Limited -2.38% +6.59%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 35,930 21,717 18,528 22,890 21,590 21,266
Enterprise Value (EV) 1 23,857 4,660 1,471 -5,744 -7,597 -7,271
P/E ratio 7.58 x 5.19 x 4.69 x 6.69 x 6.14 x 7.7 x
Yield 2.09% 3.46% 4.05% 3.69% 4.76% 4.84%
Capitalization / Revenue 0.44 x 0.27 x 0.23 x 0.28 x 0.27 x 0.26 x
EV / Revenue 0.29 x 0.06 x 0.02 x -0.07 x -0.09 x -0.09 x
EV / EBITDA 3.32 x 0.7 x 0.27 x -1.02 x -1.36 x -1.6 x
EV / FCF 8.8 x 0.75 x -3.58 x -0.49 x -15.9 x -23.8 x
FCF Yield 11.4% 134% -27.9% -205% -6.29% -4.2%
Price to Book 0.7 x 0.39 x 0.32 x 0.37 x 0.34 x 0.32 x
Nbr of stocks (in thousands) 46,906 46,906 46,906 46,906 46,732 46,738
Reference price 2 766.0 463.0 395.0 488.0 462.0 455.0
Announcement Date 28/06/18 27/06/19 26/06/20 28/06/21 27/06/22 27/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 81,502 79,608 82,116 80,815 81,465 82,348
EBITDA 1 7,177 6,616 5,464 5,655 5,601 4,555
EBIT 1 6,788 6,255 5,063 5,314 5,245 4,223
Operating Margin 8.33% 7.86% 6.17% 6.58% 6.44% 5.13%
Earnings before Tax (EBT) 1 6,542 6,098 4,903 4,867 5,080 4,098
Net income 1 4,738 4,186 3,949 3,422 3,522 2,763
Net margin 5.81% 5.26% 4.81% 4.23% 4.32% 3.36%
EPS 2 101.0 89.24 84.19 72.95 75.26 59.12
Free Cash Flow 1 2,710 6,223 -410.6 11,772 477.5 305.1
FCF margin 3.33% 7.82% -0.5% 14.57% 0.59% 0.37%
FCF Conversion (EBITDA) 37.77% 94.06% - 208.18% 8.53% 6.7%
FCF Conversion (Net income) 57.21% 148.66% - 344.02% 13.56% 11.04%
Dividend per Share 2 16.00 16.00 16.00 18.00 22.00 22.00
Announcement Date 28/06/18 27/06/19 26/06/20 28/06/21 27/06/22 27/06/23
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 36,700 33,196 29,817 16,164 12,599 30,003 16,213 12,498 25,206 15,533
EBITDA - - - - - - - - - -
EBIT 1 2,198 1,510 940 424 -129 436 -139 -368 -462 123
Operating Margin 5.99% 4.55% 3.15% 2.62% -1.02% 1.45% -0.86% -2.94% -1.83% 0.79%
Earnings before Tax (EBT) 1 2,181 1,255 742 365 -134 360 -213 -419 -593 41
Net income 1 2,040 828 449 282 -166 241 -172 -327 -488 -35
Net margin 5.56% 2.49% 1.51% 1.74% -1.32% 0.8% -1.06% -2.62% -1.94% -0.23%
EPS 2 43.49 17.66 9.580 6.040 -3.550 5.150 -3.670 -7.000 -10.45 -0.7400
Dividend per Share - - - - - - - - - -
Announcement Date 05/11/19 06/11/20 04/11/21 04/02/22 05/08/22 04/11/22 03/02/23 04/08/23 06/11/23 02/02/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 12,073 17,057 17,057 28,634 29,187 28,537
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 2,711 6,223 -411 11,772 478 305
ROE (net income / shareholders' equity) 9.52% 7.85% 6.92% 5.7% 5.62% 4.28%
ROA (Net income/ Total Assets) 4.4% 3.84% 2.98% 3.08% 2.95% 2.24%
Assets 1 107,728 109,047 132,419 111,259 119,491 123,481
Book Value Per Share 2 1,101 1,178 1,250 1,310 1,370 1,406
Cash Flow per Share 2 893.0 989.0 990.0 1,234 1,312 1,304
Capex 1 1,142 760 711 114 443 178
Capex / Sales 1.4% 0.95% 0.87% 0.14% 0.54% 0.22%
Announcement Date 28/06/18 27/06/19 26/06/20 28/06/21 27/06/22 27/06/23
1JPY in Million2JPY
Estimates
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