Financials PIXTA Inc.

Equities

3416

JP3801630009

Internet Services

Market Closed - Japan Exchange 01:57:15 2024-05-24 EDT 5-day change 1st Jan Change
754 JPY -1.31% Intraday chart for PIXTA Inc. -3.08% -7.26%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,919 3,792 2,602 2,625 1,517 1,646
Enterprise Value (EV) 1 3,187 2,938 1,689 1,332 227.6 218.5
P/E ratio 196 x 42.5 x -23.2 x 14.3 x 12.7 x 6.5 x
Yield - - - - - -
Capitalization / Revenue 1.56 x 1.37 x 0.99 x 0.93 x 0.54 x 0.63 x
EV / Revenue 1.27 x 1.06 x 0.64 x 0.47 x 0.08 x 0.08 x
EV / EBITDA 15.1 x 11.8 x 10.6 x 5.79 x 1 x 0.58 x
EV / FCF 18.9 x 26.6 x 23.5 x 4.54 x 3.66 x 1.06 x
FCF Yield 5.3% 3.77% 4.25% 22% 27.3% 94.4%
Price to Book 5.81 x 4.84 x 3.83 x 2.96 x 1.67 x 1.62 x
Nbr of stocks (in thousands) 2,236 2,253 2,253 2,276 2,192 2,024
Reference price 2 1,753 1,683 1,155 1,153 692.0 813.0
Announcement Date 19-03-27 20-03-27 21-03-25 22-03-25 23-03-24 24-03-28
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,514 2,759 2,625 2,813 2,787 2,621
EBITDA 1 211 249 160 230 227 376
EBIT 1 111 153 39 125 178 335
Operating Margin 4.42% 5.55% 1.49% 4.44% 6.39% 12.78%
Earnings before Tax (EBT) 1 83 154 -95 116 186 345
Net income 1 20 90 -112 184 121 261
Net margin 0.8% 3.26% -4.27% 6.54% 4.34% 9.96%
EPS 2 8.958 39.64 -49.72 80.71 54.70 125.0
Free Cash Flow 1 168.8 110.6 71.75 293.5 62.25 206.4
FCF margin 6.71% 4.01% 2.73% 10.43% 2.23% 7.87%
FCF Conversion (EBITDA) 79.98% 44.43% 44.84% 127.61% 27.42% 54.89%
FCF Conversion (Net income) 843.75% 122.92% - 159.51% 51.45% 79.07%
Dividend per Share - - - - - -
Announcement Date 19-03-27 20-03-27 21-03-25 22-03-25 23-03-24 24-03-28
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1
Net sales 1 1,258 1,361 695 1,364 673 656 1,290 631 652
EBITDA - - - - - - - - -
EBIT 1 5 89 50 76 23 85 144 66 93
Operating Margin 0.4% 6.54% 7.19% 5.57% 3.42% 12.96% 11.16% 10.46% 14.26%
Earnings before Tax (EBT) 1 -121 76 54 83 28 146 205 51 97
Net income 1 -136 53 34 52 18 114 161 33 66
Net margin -10.81% 3.89% 4.89% 3.81% 2.67% 17.38% 12.48% 5.23% 10.12%
EPS 2 -60.55 23.54 15.46 23.29 8.640 52.63 75.16 16.33 34.17
Dividend per Share - - - - - - - - -
Announcement Date 20-08-14 21-08-13 22-05-13 22-08-12 22-11-11 23-05-12 23-08-10 23-11-13 24-05-13
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 732 854 913 1,293 1,289 1,427
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 169 111 71.8 294 62.3 206
ROE (net income / shareholders' equity) 3% 12.3% -15.3% 23.5% 13.5% 27.5%
ROA (Net income/ Total Assets) 3.76% 4.88% 1.16% 3.37% 4.66% 9.02%
Assets 1 532 1,846 -9,684 5,455 2,596 2,892
Book Value Per Share 2 302.0 348.0 302.0 389.0 414.0 503.0
Cash Flow per Share 2 415.0 439.0 557.0 659.0 642.0 757.0
Capex 1 4 4 3 15 7 4
Capex / Sales 0.16% 0.14% 0.11% 0.53% 0.25% 0.15%
Announcement Date 19-03-27 20-03-27 21-03-25 22-03-25 23-03-24 24-03-28
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA