Financials SCSK Corporation

Equities

9719

JP3400400002

IT Services & Consulting

Market Closed - Japan Exchange 02:00:00 2024-05-31 am EDT 5-day change 1st Jan Change
2,977 JPY +1.41% Intraday chart for SCSK Corporation +0.27% +6.47%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 512,398 499,949 682,581 655,975 604,375 930,086 - -
Enterprise Value (EV) 1 548,980 525,395 659,234 613,694 560,865 811,076 844,300 818,962
P/E ratio 18.4 x 16 x 20.4 x 19.6 x 16.2 x 21.9 x 20.8 x 19.3 x
Yield 2.03% 2.7% 2.06% 2.03% 2.69% 2.11% 2.22% 2.5%
Capitalization / Revenue 1.43 x 1.29 x 1.72 x 1.58 x 1.36 x 1.85 x 1.82 x 1.72 x
EV / Revenue 1.53 x 1.36 x 1.66 x 1.48 x 1.26 x 1.69 x 1.65 x 1.52 x
EV / EBITDA 11.2 x 9.89 x 10.3 x 9.1 x 7.79 x 10.3 x 9.87 x 9.22 x
EV / FCF 30.2 x 14.9 x 22.2 x 13.9 x 19.6 x 15.3 x 22.5 x 18.1 x
FCF Yield 3.31% 6.73% 4.5% 7.19% 5.11% 6.55% 4.45% 5.51%
Price to Book 2.65 x 2.41 x 3.01 x 2.66 x 2.22 x 2.93 x 2.86 x 2.66 x
Nbr of stocks (in thousands) 311,488 311,495 312,156 312,220 312,339 312,424 - -
Reference price 2 1,645 1,605 2,187 2,101 1,935 2,977 2,977 2,977
Announcement Date 4/26/19 4/28/20 4/28/21 4/28/22 4/28/23 4/26/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 358,654 387,003 396,853 414,150 445,912 480,307 511,876 539,191
EBITDA 1 48,938 53,112 64,311 67,436 71,990 78,437 85,536 88,787
EBIT 1 38,378 42,326 45,878 47,555 51,361 57,004 63,061 67,863
Operating Margin 10.7% 10.94% 11.56% 11.48% 11.52% 11.87% 12.32% 12.59%
Earnings before Tax (EBT) 1 39,477 43,961 46,557 48,315 53,336 57,459 63,894 68,768
Net income 1 27,892 31,201 33,435 33,470 37,301 40,461 44,799 48,152
Net margin 7.78% 8.06% 8.43% 8.08% 8.37% 8.42% 8.75% 8.93%
EPS 2 89.55 100.2 107.1 107.2 119.4 129.5 143.4 154.1
Free Cash Flow 1 18,175 35,346 29,633 44,154 28,642 53,143 37,544 45,126
FCF margin 5.07% 9.13% 7.47% 10.66% 6.42% 11.06% 7.33% 8.37%
FCF Conversion (EBITDA) 37.14% 66.55% 46.08% 65.48% 39.79% 67.75% 43.89% 50.82%
FCF Conversion (Net income) 65.16% 113.28% 88.63% 131.92% 76.79% 131.34% 83.81% 93.71%
Dividend per Share 2 33.33 43.33 45.00 42.70 52.00 60.00 66.05 74.50
Announcement Date 4/26/19 4/28/20 4/28/21 4/28/22 4/28/23 4/26/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2021 S2 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 S1 2025 Q3 2025 Q4
Net sales 1 187,329 199,674 189,755 207,098 100,815 200,025 102,729 111,396 214,125 104,417 108,682 213,099 109,925 122,888 232,813 113,371 117,825 231,196 120,167 128,944 119,690 125,341 245,500 128,072 138,533
EBITDA 1 - - - - - - - - - - - - - - - - - - - 24,966 17,700 18,760 - 18,600 28,840
EBIT 1 19,800 22,526 21,217 24,661 11,703 22,590 12,184 12,781 24,965 9,937 12,578 22,515 12,665 16,181 28,846 12,950 13,976 26,926 14,062 16,016 13,765 15,211 29,600 15,343 18,621
Operating Margin 10.57% 11.28% 11.18% 11.91% 11.61% 11.29% 11.86% 11.47% 11.66% 9.52% 11.57% 10.57% 11.52% 13.17% 12.39% 11.42% 11.86% 11.65% 11.7% 12.42% 11.5% 12.14% 12.06% 11.98% 13.44%
Earnings before Tax (EBT) 1 19,993 - 21,536 25,021 11,727 22,857 12,299 13,159 25,458 10,100 13,339 23,439 13,419 16,478 29,897 12,945 13,755 26,700 14,236 16,523 13,275 14,505 29,800 14,875 20,945
Net income 1 13,796 17,405 14,869 18,566 8,081 15,784 8,473 9,213 17,686 7,006 9,220 16,226 9,268 11,807 21,075 9,007 9,461 18,468 9,867 12,126 8,966 9,764 20,600 10,076 15,958
Net margin 7.36% 8.72% 7.84% 8.96% 8.02% 7.89% 8.25% 8.27% 8.26% 6.71% 8.48% 7.61% 8.43% 9.61% 9.05% 7.94% 8.03% 7.99% 8.21% 9.4% 7.49% 7.79% 8.39% 7.87% 11.52%
EPS 2 44.29 55.87 47.62 - 25.88 50.55 27.14 29.51 - 22.44 29.52 51.96 29.67 37.81 - 28.84 30.28 59.12 31.58 38.81 28.64 31.37 - 32.84 49.88
Dividend per Share 2 21.67 - 21.67 - 23.33 23.33 - 19.37 - - 26.00 26.00 - 26.00 - - - 28.00 - 32.00 - 34.00 - - 34.00
Announcement Date 10/30/19 4/28/20 10/29/20 4/28/21 10/29/21 10/29/21 1/31/22 4/28/22 4/28/22 7/29/22 10/31/22 10/31/22 1/31/23 4/28/23 4/28/23 7/28/23 10/27/23 10/27/23 1/31/24 4/26/24 - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 36,582 25,446 - - - - - -
Net Cash position 1 - - 23,347 42,281 43,510 75,401 85,786 111,124
Leverage (Debt/EBITDA) 0.7475 x 0.4791 x - - - - - -
Free Cash Flow 1 18,175 35,346 29,633 44,154 28,642 53,143 37,545 45,126
ROE (net income / shareholders' equity) 14.6% 15.6% 15.7% 14.1% 14.4% 14.1% 14.3% 14.3%
ROA (Net income/ Total Assets) 12.5% 13.1% 12.9% 8.49% 12.7% 12.7% 11.3% 10.7%
Assets 1 223,265 238,403 259,570 394,006 294,807 319,296 396,450 447,969
Book Value Per Share 2 621.0 667.0 727.0 791.0 871.0 967.0 1,042 1,119
Cash Flow per Share 2 123.0 133.0 166.0 189.0 185.0 198.0 218.0 218.0
Capex 1 15,336 13,604 12,710 10,157 26,208 14,757 18,500 18,550
Capex / Sales 4.28% 3.52% 3.2% 2.45% 5.88% 3.07% 3.61% 3.44%
Announcement Date 4/26/19 4/28/20 4/28/21 4/28/22 4/28/23 4/26/24 - -
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

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
11
Last Close Price
2,977 JPY
Average target price
3,024 JPY
Spread / Average Target
+1.58%
Consensus
  1. Stock Market
  2. Equities
  3. 9719 Stock
  4. Financials SCSK Corporation