Financials Origin Company, Limited

Equities

6513

JP3200400004

Electrical Components & Equipment

Market Closed - Japan Exchange 07:00:00 15/05/2024 BST 5-day change 1st Jan Change
1,247 JPY -0.64% Intraday chart for Origin Company, Limited +3.06% +1.71%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 11,270 13,148 9,106 8,994 7,556 7,724
Enterprise Value (EV) 1 9,554 10,544 2,658 3,179 -1,258 -1,165
P/E ratio 13 x 6.9 x 40.6 x -7.85 x 3.46 x 21.6 x
Yield 2.06% 2.52% 2.82% 1.45% 5.34% 3.06%
Capitalization / Revenue 0.34 x 0.35 x 0.28 x 0.35 x 0.23 x 0.24 x
EV / Revenue 0.29 x 0.28 x 0.08 x 0.12 x -0.04 x -0.04 x
EV / EBITDA 3.24 x 2.87 x 1.25 x 12.3 x -0.4 x -0.75 x
EV / FCF -6.13 x 4.89 x -31.7 x 5.12 x -0.98 x -1.5 x
FCF Yield -16.3% 20.5% -3.16% 19.5% -102% -66.8%
Price to Book 0.5 x 0.56 x 0.41 x 0.42 x 0.32 x 0.32 x
Nbr of stocks (in thousands) 6,633 6,633 6,417 6,202 6,209 5,910
Reference price 2 1,699 1,982 1,419 1,450 1,217 1,307
Announcement Date 28/06/18 27/06/19 26/06/20 25/06/21 29/06/22 29/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 33,154 37,884 32,502 25,926 32,347 32,036
EBITDA 1 2,952 3,680 2,123 258 3,147 1,560
EBIT 1 1,823 2,511 905 -904 2,129 574
Operating Margin 5.5% 6.63% 2.78% -3.49% 6.58% 1.79%
Earnings before Tax (EBT) 1 1,644 2,930 951 -602 3,008 1,268
Net income 1 868 1,900 224 -1,156 2,180 365
Net margin 2.62% 5.02% 0.69% -4.46% 6.74% 1.14%
EPS 2 130.6 287.4 34.96 -184.6 351.2 60.62
Free Cash Flow 1 -1,558 2,156 -83.88 621.2 1,287 778
FCF margin -4.7% 5.69% -0.26% 2.4% 3.98% 2.43%
FCF Conversion (EBITDA) - 58.59% - 240.79% 40.89% 49.87%
FCF Conversion (Net income) - 113.49% - - 59.03% 213.15%
Dividend per Share 2 35.00 50.00 40.00 21.00 65.00 40.00
Announcement Date 28/06/18 27/06/19 26/06/20 25/06/21 29/06/22 29/06/23
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 16,908 11,505 15,118 6,708 8,896 17,820 7,302 6,688 13,810 7,234
EBITDA - - - - - - - - - -
EBIT 1 703 -1,052 668 116 674 736 -131 -209 -451 -113
Operating Margin 4.16% -9.14% 4.42% 1.73% 7.58% 4.13% -1.79% -3.12% -3.27% -1.56%
Earnings before Tax (EBT) 1 707 -1,196 843 495 1,209 1,564 -294 38 -115 -100
Net income 1 387 -1,493 445 292 880 1,022 -377 -169 -449 -175
Net margin 2.29% -12.98% 2.94% 4.35% 9.89% 5.74% -5.16% -2.53% -3.25% -2.42%
EPS 2 60.44 -237.0 71.76 47.02 142.4 167.3 -60.69 -28.85 -76.96 -30.63
Dividend per Share 20.00 7.000 20.00 - - 20.00 - - 15.00 -
Announcement Date 12/11/19 10/11/20 09/11/21 10/02/22 10/08/22 10/11/22 10/02/23 10/08/23 10/11/23 09/02/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,716 2,604 6,448 5,815 8,814 8,889
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -1,558 2,156 -83.9 621 1,287 778
ROE (net income / shareholders' equity) 4.84% 8.59% 1.77% -4.12% 10% 2.15%
ROA (Net income/ Total Assets) 2.6% 3.45% 1.26% -1.32% 3.06% 0.79%
Assets 1 33,436 55,106 17,805 87,258 71,281 45,918
Book Value Per Share 2 3,411 3,533 3,499 3,415 3,844 4,106
Cash Flow per Share 2 1,024 1,274 1,323 1,175 1,580 1,583
Capex 1 1,269 1,283 778 462 477 697
Capex / Sales 3.83% 3.39% 2.39% 1.78% 1.47% 2.18%
Announcement Date 28/06/18 27/06/19 26/06/20 25/06/21 29/06/22 29/06/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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