Financials M&A Research Institute Holdings Inc.

Equities

9552

JP3167370000

Investment Banking & Brokerage Services

Market Closed - Japan Exchange 02:00:00 2024-07-05 EDT 5-day change 1st Jan Change
4,000 JPY +3.09% Intraday chart for M&A Research Institute Holdings Inc. -0.37% -10.61%

Valuation

Fiscal Period: September 2022 2023 2024 2025 2026
Capitalization 1 97,685 199,461 234,263 - -
Enterprise Value (EV) 1 93,838 196,201 221,552 208,230 184,685
P/E ratio 71.5 x 236 x 43.6 x 25.4 x 14.3 x
Yield - - - - 0.04%
Capitalization / Revenue 25 x 63.7 x 13.8 x 8.4 x 5.02 x
EV / Revenue 24 x 62.7 x 13 x 7.46 x 3.96 x
EV / EBITDA 44.3 x 135 x 25.9 x 13.6 x 5.49 x
EV / FCF 46,939,481 x - - 26,028,714 x 16,174,931 x
FCF Yield 0% - - 0% 0%
Price to Book 33.4 x 52.6 x 23 x 10.6 x 5.41 x
Nbr of stocks (in thousands) 57,462 57,983 58,566 - -
Reference price 2 1,700 3,440 4,000 4,000 4,000
Announcement Date 10/28/22 10/27/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2022 2023 2024 2025 2026
Net sales 1 3,911 3,131 16,991 27,899 46,631
EBITDA 1 2,118 1,457 8,545 15,303 33,658
EBIT 1 2,103 1,436 8,577 14,664 26,673
Operating Margin 53.77% 45.86% 50.48% 52.56% 57.2%
Earnings before Tax (EBT) 1 2,082 1,343 8,814 13,922 20,004
Net income 1 1,326 842 5,707 9,347 15,755
Net margin 33.9% 26.89% 33.59% 33.5% 33.79%
EPS 2 23.76 14.60 91.64 157.4 278.8
Free Cash Flow 1,999 - - 8,000 11,418
FCF margin 51.12% - - 28.67% 24.49%
FCF Conversion (EBITDA) 94.37% - - 52.28% 33.92%
FCF Conversion (Net income) 150.76% - - 85.59% 72.47%
Dividend per Share 2 - - - - 1.500
Announcement Date 10/28/22 10/27/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September 2022 S1 2023 Q1 2024 Q3
Net sales 1,752 2,125 -
EBITDA - - -
EBIT 1 1,066 1,398 2,200
Operating Margin 60.84% 65.79% -
Earnings before Tax (EBT) 1,060 1,397 -
Net income 727 958 -
Net margin 41.5% 45.08% -
EPS 13.13 16.66 -
Dividend per Share - - -
Announcement Date 5/24/22 1/27/23 -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: September 2022 2023 2024 2025 2026
Net Debt 1 - - - - -
Net Cash position 1 3,847 3,260 12,710 26,033 49,577
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1,999 - - 8,000 11,418
ROE (net income / shareholders' equity) 71.6% 25.1% 68.2% 61.3% 53.1%
ROA (Net income/ Total Assets) - 30.2% - 35.7% 33%
Assets 1 - 2,787 - 26,182 47,744
Book Value Per Share 2 51.00 65.40 174.0 378.0 739.0
Cash Flow per Share 2 24.00 - 89.10 205.0 361.0
Capex 15 46 - - -
Capex / Sales 0.38% 1.47% - - -
Announcement Date 10/28/22 10/27/23 - - -
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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Investor Rating
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Annual profits - Rate of surprise

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