Financials Apaman Co., Ltd.

Equities

8889

JP3122510005

Real Estate Services

Delayed Japan Exchange 01:54:33 2024-05-14 EDT 5-day change 1st Jan Change
474 JPY 0.00% Intraday chart for Apaman Co., Ltd. -0.21% +6.28%

Valuation

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Capitalization 1 17,745 16,072 10,322 9,664 8,295 8,242
Enterprise Value (EV) 1 29,748 26,242 22,490 20,561 20,165 18,218
P/E ratio -16.5 x 59.1 x 62.2 x 16.2 x 31.6 x 14.4 x
Yield 1.4% 1.55% 3.45% 3.68% 4.31% 4.36%
Capitalization / Revenue 0.43 x 0.35 x 0.23 x 0.22 x 0.18 x 0.18 x
EV / Revenue 0.71 x 0.57 x 0.51 x 0.46 x 0.45 x 0.4 x
EV / EBITDA 9.2 x 7.66 x 9.51 x 7.34 x 6.16 x 4.9 x
EV / FCF 22.4 x 21.9 x 438 x 19.7 x 28 x 5.96 x
FCF Yield 4.46% 4.57% 0.23% 5.07% 3.57% 16.8%
Price to Book 3.99 x 3.49 x 2.45 x 2.2 x 2.01 x 1.89 x
Nbr of stocks (in thousands) 17,799 17,798 17,797 17,797 17,876 17,956
Reference price 2 997.0 903.0 580.0 543.0 464.0 459.0
Announcement Date 18-12-25 19-12-23 20-12-28 21-12-28 22-12-26 23-12-25
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net sales 1 41,682 45,934 44,119 44,419 44,926 45,785
EBITDA 1 3,234 3,426 2,365 2,800 3,274 3,720
EBIT 1 1,642 1,819 776 1,213 1,732 2,005
Operating Margin 3.94% 3.96% 1.76% 2.73% 3.86% 4.38%
Earnings before Tax (EBT) 1 808 1,421 -627 1,271 815 1,309
Net income 1 -1,073 272 166 602 262 573
Net margin -2.57% 0.59% 0.38% 1.36% 0.58% 1.25%
EPS 2 -60.28 15.28 9.327 33.60 14.67 31.96
Free Cash Flow 1 1,326 1,199 51.38 1,042 719.9 3,058
FCF margin 3.18% 2.61% 0.12% 2.35% 1.6% 6.68%
FCF Conversion (EBITDA) 41% 35% 2.17% 37.21% 21.99% 82.21%
FCF Conversion (Net income) - 440.85% 30.95% 173.09% 274.76% 533.7%
Dividend per Share 2 14.00 14.00 20.00 20.00 20.00 20.00
Announcement Date 18-12-25 19-12-23 20-12-28 21-12-28 22-12-26 23-12-25
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September 2020 S1 2021 S1 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1
Net sales 1 22,055 22,582 10,845 22,744 11,090 11,042 22,889 11,349 10,754 22,497
EBITDA - - - - - - - - - -
EBIT 1 -73 428 392 927 490 341 905 652 126 612
Operating Margin -0.33% 1.9% 3.61% 4.08% 4.42% 3.09% 3.95% 5.74% 1.17% 2.72%
Earnings before Tax (EBT) 1 -972 350 235 663 243 17 385 513 -251 120
Net income 1 -822 29 79 161 63 -160 -8 266 -318 -184
Net margin -3.73% 0.13% 0.73% 0.71% 0.57% -1.45% -0.03% 2.34% -2.96% -0.82%
EPS 2 -46.20 1.640 4.450 9.070 3.500 -8.950 -0.4600 14.91 -17.74 -10.25
Dividend per Share - - - - - - - - - -
Announcement Date 20-05-15 21-05-07 22-02-10 22-05-13 22-08-10 23-02-10 23-05-12 23-08-10 24-02-14 24-05-10
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net Debt 1 12,003 10,170 12,168 10,897 11,870 9,976
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.712 x 2.968 x 5.145 x 3.892 x 3.626 x 2.682 x
Free Cash Flow 1 1,326 1,199 51.4 1,042 720 3,058
ROE (net income / shareholders' equity) -20.6% 7.53% 3.16% 12.7% 6.3% 13.4%
ROA (Net income/ Total Assets) 2.59% 3.27% 1.42% 2.25% 3.15% 3.56%
Assets 1 -41,400 8,311 11,669 26,798 8,324 16,116
Book Value Per Share 2 250.0 259.0 236.0 247.0 231.0 243.0
Cash Flow per Share 2 437.0 447.0 425.0 414.0 465.0 497.0
Capex 1 987 759 476 366 290 229
Capex / Sales 2.37% 1.65% 1.08% 0.82% 0.65% 0.5%
Announcement Date 18-12-25 19-12-23 20-12-28 21-12-28 22-12-26 23-12-25
1JPY in Million2JPY
Estimates
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