Financials Toin Corporation

Equities

7923

JP3552210001

Paper Packaging

Market Closed - Japan Exchange 23:45:18 2024-05-16 EDT 5-day change 1st Jan Change
591 JPY +0.17% Intraday chart for Toin Corporation -6.34% +11.51%

Valuation

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Capitalization 1 3,141 2,642 1,983 2,632 2,678 2,597
Enterprise Value (EV) 1 4,266 4,060 3,766 4,443 4,251 3,790
P/E ratio 15.6 x 10.3 x 26.4 x 22.3 x -43.2 x 53 x
Yield 2.8% 3.33% 3.17% 1.91% 2.35% 2.91%
Capitalization / Revenue 0.26 x 0.21 x 0.17 x 0.23 x 0.23 x 0.2 x
EV / Revenue 0.35 x 0.33 x 0.32 x 0.4 x 0.37 x 0.3 x
EV / EBITDA 3.71 x 3.5 x 4.07 x 4.99 x 5.56 x 4.41 x
EV / FCF -86.2 x 49.6 x -5.63 x -35.2 x 47.7 x 10.3 x
FCF Yield -1.16% 2.02% -17.8% -2.84% 2.1% 9.76%
Price to Book 0.34 x 0.28 x 0.22 x 0.29 x 0.29 x 0.28 x
Nbr of stocks (in thousands) 5,033 5,033 5,033 5,033 5,033 5,033
Reference price 2 624.0 525.0 394.0 523.0 532.0 516.0
Announcement Date 6/28/18 6/27/19 6/26/20 6/29/21 6/29/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Net sales 1 12,161 12,379 11,819 11,245 11,518 12,697
EBITDA 1 1,151 1,159 926 891 764 860
EBIT 1 407 333 24 6 -98 17
Operating Margin 3.35% 2.69% 0.2% 0.05% -0.85% 0.13%
Earnings before Tax (EBT) 1 386 377 110 189 -61 92
Net income 1 206 256 75 118 -62 49
Net margin 1.69% 2.07% 0.63% 1.05% -0.54% 0.39%
EPS 2 39.96 50.86 14.90 23.44 -12.32 9.735
Free Cash Flow 1 -49.5 81.88 -668.8 -126.1 89.12 369.8
FCF margin -0.41% 0.66% -5.66% -1.12% 0.77% 2.91%
FCF Conversion (EBITDA) - 7.06% - - 11.67% 42.99%
FCF Conversion (Net income) - 31.98% - - - 754.59%
Dividend per Share 2 17.50 17.50 12.50 10.00 12.50 15.00
Announcement Date 6/28/18 6/27/19 6/26/20 6/29/21 6/29/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period:
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1,125 1,418 1,783 1,811 1,573 1,193
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.9774 x 1.223 x 1.925 x 2.033 x 2.059 x 1.387 x
Free Cash Flow 1 -49.5 81.9 -669 -126 89.1 370
ROE (net income / shareholders' equity) 2.36% 2.77% 0.79% 1.26% -0.69% 0.52%
ROA (Net income/ Total Assets) 1.46% 1.12% 0.08% 0.02% -0.34% 0.06%
Assets 1 14,098 22,812 92,478 567,308 18,225 83,192
Book Value Per Share 2 1,816 1,852 1,781 1,834 1,821 1,829
Cash Flow per Share 2 445.0 554.0 450.0 449.0 463.0 416.0
Capex 1 920 934 1,133 983 526 721
Capex / Sales 7.57% 7.55% 9.59% 8.74% 4.57% 5.68%
Announcement Date 6/28/18 6/27/19 6/26/20 6/29/21 6/29/22 6/29/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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