Financials BayCurrent Consulting, Inc.

Equities

6532

JP3835250006

Business Support Services

Market Closed - Japan Exchange 02:00:00 2024-05-31 am EDT 5-day change 1st Jan Change
3,204 JPY +0.03% Intraday chart for BayCurrent Consulting, Inc. -1.39% -35.29%

Valuation

Fiscal Period: February 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 51,564 98,143 328,650 693,599 818,764 486,116 - -
Enterprise Value (EV) 1 56,497 96,685 317,872 672,008 785,571 468,615 420,068 395,180
P/E ratio 23.1 x 19.5 x 36 x 47.4 x 39 x 20.8 x 15.6 x 12.7 x
Yield 1.65% 1.4% 0.79% 0.57% 0.69% 1.28% 1.71% 2.11%
Capitalization / Revenue 2.15 x 2.98 x 7.67 x 12.1 x 10.8 x 5.45 x 4.15 x 3.39 x
EV / Revenue 2.35 x 2.94 x 7.42 x 11.7 x 10.3 x 4.99 x 3.59 x 2.75 x
EV / EBITDA 11.7 x 11.6 x 22.9 x 30.9 x 26 x 12.4 x 9.38 x 7.3 x
EV / FCF 22.2 x 13.2 x 28.4 x 42.3 x 37 x 25.7 x 11.8 x 10.2 x
FCF Yield 4.5% 7.57% 3.53% 2.36% 2.7% 3.89% 8.5% 9.77%
Price to Book 4.07 x 5.92 x 13.4 x 19.6 x 16.3 x 7.71 x 4.98 x 3.85 x
Nbr of stocks (in thousands) 154,847 152,396 153,288 152,943 153,040 151,722 - -
Reference price 2 333.0 644.0 2,144 4,535 5,350 3,204 3,204 3,204
Announcement Date 4/12/19 4/14/20 4/14/21 4/14/22 4/14/23 4/12/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 23,991 32,917 42,828 57,465 76,090 93,909 117,033 143,582
EBITDA 1 4,826 8,335 13,873 21,733 30,163 35,354 44,761 54,107
EBIT 1 3,645 7,149 12,646 20,649 29,057 33,551 41,407 51,016
Operating Margin 15.19% 21.72% 29.53% 35.93% 38.19% 35.73% 35.38% 35.53%
Earnings before Tax (EBT) 1 3,507 7,103 12,596 20,619 29,029 33,526 44,147 53,410
Net income 1 2,203 5,010 9,113 14,670 21,026 24,648 31,189 38,468
Net margin 9.18% 15.22% 21.28% 25.53% 27.63% 26.25% 26.65% 26.79%
EPS 2 14.39 32.98 59.56 95.69 137.2 161.2 205.6 252.6
Free Cash Flow 1 2,540 7,315 11,210 15,871 21,249 18,212 35,716 38,603
FCF margin 10.59% 22.22% 26.17% 27.62% 27.93% 19.39% 30.52% 26.89%
FCF Conversion (EBITDA) 52.63% 87.76% 80.8% 73.03% 70.45% 70.03% 79.79% 71.35%
FCF Conversion (Net income) 115.3% 146.01% 123.01% 108.19% 101.06% 73.89% 114.52% 100.35%
Dividend per Share 2 5.500 9.000 17.00 26.00 37.00 43.00 54.90 67.47
Announcement Date 4/12/19 4/14/20 4/14/21 4/14/22 4/14/23 4/12/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: February 2020 S1 2020 S2 2021 S1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 S1 2025 Q3 2025 Q4
Net sales 1 14,894 18,070 19,708 13,241 26,497 14,999 16,059 17,507 17,488 34,995 19,932 21,163 21,718 22,008 43,726 23,991 26,192 25,982 27,624 55,000 29,798 31,762
EBITDA 1 - 5,259 - - - - - - - - 8,567 8,895 8,115 7,729 - - 10,529 7,321 9,747 - 11,885 12,482
EBIT 1 2,484 5,185 4,951 4,516 9,027 5,761 6,247 6,297 6,079 12,152 8,200 9,015 7,836 7,492 15,199 8,519 10,025 8,460 9,574 19,600 11,192 12,041
Operating Margin 16.68% 28.69% 25.12% 34.11% 34.07% 38.41% 38.9% 35.97% 34.76% 34.72% 41.14% 42.6% 36.08% 34.04% 34.76% 35.51% 38.28% 32.56% 34.66% 35.64% 37.56% 37.91%
Earnings before Tax (EBT) 1 2,459 5,155 4,934 4,504 9,011 5,749 6,236 6,286 6,068 12,134 8,194 9,006 7,825 7,477 15,184 8,515 10,007 9,900 9,700 19,600 10,700 11,700
Net income 1 1,536 3,999 3,196 3,263 6,479 4,165 4,511 4,463 4,310 8,615 5,818 7,087 5,649 5,447 10,961 6,147 7,786 6,268 7,094 14,504 8,294 8,882
Net margin 10.31% 22.13% 16.22% 24.64% 24.45% 27.77% 28.09% 25.49% 24.65% 24.62% 29.19% 33.49% 26.01% 24.75% 25.07% 25.62% 29.73% 24.13% 25.68% 26.37% 27.83% 27.97%
EPS 2 10.14 - 20.92 21.31 42.30 27.17 29.38 29.09 28.14 56.20 37.96 44.15 36.89 35.66 71.68 40.23 50.95 - - - - -
Dividend per Share 3.000 - 5.500 - 9.000 - - - - 14.00 - - - - 18.00 - - - - - - -
Announcement Date 10/11/19 4/14/20 10/15/20 10/15/21 10/15/21 1/14/22 4/14/22 7/15/22 10/14/22 10/14/22 1/13/23 4/14/23 7/14/23 10/13/23 10/13/23 1/12/24 4/12/24 - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: February 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,933 - - - - - - -
Net Cash position 1 - 1,458 9,318 21,591 33,193 43,415 66,049 90,937
Leverage (Debt/EBITDA) 1.022 x - - - - - - -
Free Cash Flow 1 2,540 7,315 10,254 15,871 21,249 18,212 35,716 38,603
ROE (net income / shareholders' equity) 18.4% 34.5% 44.3% 48.9% 48.9% 42.2% 37.7% 34.9%
ROA (Net income/ Total Assets) - - - 29.9% 32.8% 33% 34.2% 31.5%
Assets 1 - - - 49,142 64,009 76,960 91,174 122,019
Book Value Per Share 2 81.90 109.0 160.0 231.0 329.0 435.0 644.0 833.0
Cash Flow per Share 2 16.00 34.60 61.40 96.60 138.0 167.0 240.0 292.0
Capex 1 53 83 1,881 73 499 5,067 2,800 1,250
Capex / Sales 0.22% 0.25% 4.39% 0.13% 0.66% 5.4% 2.39% 0.87%
Announcement Date 4/12/19 4/14/20 4/14/21 4/14/22 4/14/23 4/12/24 - -
1JPY in Million2JPY
Estimates
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