Financials Waseda Academy Co., Ltd.

Equities

4718

JP3993750003

Miscellaneous Educational Service Providers

Delayed Japan Exchange 07:00:00 28/06/2024 BST 5-day change 1st Jan Change
1,623 JPY -0.43% Intraday chart for Waseda Academy Co., Ltd. +1.82% -9.78%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,979 14,449 16,598 19,197 23,303 29,940 - -
Enterprise Value (EV) 1 11,019 13,782 12,394 14,599 17,547 30,252 29,940 29,940
P/E ratio 11.9 x 18.7 x 27.5 x 17.3 x 15 x 14.2 x 15.4 x 13.7 x
Yield 2.53% 2.19% 2.19% 2.16% 1.94% 2.5% 2.77% 3.08%
Capitalization / Revenue 0.46 x 0.59 x 0.65 x 0.67 x 0.76 x 0.92 x 0.86 x 0.81 x
EV / Revenue 0.46 x 0.59 x 0.65 x 0.67 x 0.76 x 0.92 x 0.86 x 0.81 x
EV / EBITDA 4.71 x 7.12 x 7.69 x 6.27 x 6.52 x 7.35 x 6.68 x 6.24 x
EV / FCF -4,177,743 x 52,540,543 x - - - - - -
FCF Yield -0% 0% - - - - - -
Price to Book 1.44 x 1.75 x 1.56 x 1.68 x 1.86 x 2.12 x 1.99 x 1.84 x
Nbr of stocks (in thousands) 15,843 15,843 18,200 18,857 18,869 18,447 - -
Reference price 2 693.0 912.0 912.0 1,018 1,235 1,623 1,623 1,623
Announcement Date 09/05/19 12/05/20 10/05/21 11/05/22 11/05/23 10/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 23,814 24,611 25,453 28,551 30,728 32,867 35,000 36,800
EBITDA 1 2,333 2,029 2,158 3,061 3,572 4,117 4,480 4,800
EBIT 1 1,526 1,169 1,064 1,821 2,400 2,889 3,200 3,500
Operating Margin 6.41% 4.75% 4.18% 6.38% 7.81% 8.79% 9.14% 9.51%
Earnings before Tax (EBT) 1 1,536 1,288 952 1,841 2,431 2,951 3,130 3,550
Net income 1 925 772 529 1,108 1,553 2,132 2,000 2,250
Net margin 3.88% 3.14% 2.08% 3.88% 5.05% 6.49% 5.71% 6.11%
EPS 2 58.43 48.76 33.13 58.76 82.35 112.8 105.7 118.9
Free Cash Flow -2,628 275 - - - - - -
FCF margin -11.04% 1.12% - - - - - -
FCF Conversion (EBITDA) - 13.55% - - - - - -
FCF Conversion (Net income) - 35.62% - - - - - -
Dividend per Share 2 17.50 20.00 20.00 22.00 24.00 40.00 45.00 50.00
Announcement Date 09/05/19 12/05/20 10/05/21 11/05/22 11/05/23 10/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 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 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1 2025 Q2 2025 S1 2025 Q3 2025 Q4 2025 S2
Net sales 1 12,319 12,292 11,943 13,510 8,482 13,713 7,025 7,813 14,838 5,799 9,029 14,828 7,551 8,349 15,900 6,249 15,981 8,038 8,848 16,886 6,600 10,320 16,920 8,650 9,430 18,080
EBITDA - - - - - - - - - - - - - - - - - - - - - - - - - -
EBIT 1 780 389 332 732 1,332 917 329 575 904 -297 1,393 1,096 547 757 1,304 -240 1,373 632 884 1,516 -530 1,770 1,240 820 1,140 1,960
Operating Margin 6.33% 3.16% 2.78% 5.42% 15.7% 6.69% 4.68% 7.36% 6.09% -5.12% 15.43% 7.39% 7.24% 9.07% 8.2% -3.84% 8.59% 7.86% 9.99% 8.98% -8.03% 17.15% 7.33% 9.48% 12.09% 10.84%
Earnings before Tax (EBT) 1 683 605 228 - 1,328 920 343 578 921 -287 1,396 1,109 559 763 1,322 -214 1,406 640 905 1,545 -530 1,770 1,240 820 1,070 1,890
Net income 1 428 344 96 433 886 569 204 335 539 -249 939 690 345 518 863 -104 1,003 405 724 1,129 -300 1,100 800 450 750 1,200
Net margin 3.47% 2.8% 0.8% 3.21% 10.45% 4.15% 2.9% 4.29% 3.63% -4.29% 10.4% 4.65% 4.57% 6.2% 5.43% -1.66% 6.28% 5.04% 8.18% 6.69% -4.55% 10.66% 4.73% 5.2% 7.95% 6.64%
EPS 27.03 - 6.080 - - 30.21 10.82 - - -13.23 - 36.61 18.28 - - -5.510 53.09 21.40 - - - - - - - -
Dividend per Share 5.000 - 5.000 - - 7.000 - - - - - 8.000 - - - - 10.00 - - - - - - - - -
Announcement Date 31/10/19 12/05/20 30/10/20 10/05/21 29/10/21 29/10/21 31/01/22 11/05/22 11/05/22 29/07/22 31/10/22 31/10/22 31/01/23 11/05/23 11/05/23 31/07/23 31/10/23 31/01/24 10/05/24 10/05/24 - - - - - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 40 - - - - - - -
Net Cash position - 667 4,204 4,598 5,756 - - -
Leverage (Debt/EBITDA) 0.0171 x - - - - - - -
Free Cash Flow -2,628 275 - - - - - -
ROE (net income / shareholders' equity) 12.7% 9.7% 5.5% 9.9% 13% 15.9% 13.5% 14%
ROA (Net income/ Total Assets) 10.4% 7.65% 6.35% 9.63% 11.9% 13.4% 13.4% 13.8%
Assets 1 8,855 10,094 8,328 11,510 13,025 15,956 14,925 16,304
Book Value Per Share 2 481.0 520.0 584.0 606.0 665.0 754.0 815.0 884.0
Cash Flow per Share 109.0 103.0 90.80 117.0 134.0 168.0 - -
Capex 1 4,778 1,250 382 776 536 1,421 1,200 1,300
Capex / Sales 20.06% 5.08% 1.5% 2.72% 1.75% 4.32% 3.43% 3.53%
Announcement Date 09/05/19 12/05/20 10/05/21 11/05/22 11/05/23 10/05/24 - -
1JPY in Million2JPY
Estimates
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