Financials NAGAWA Co., Ltd.

Equities

9663

JP3648700007

Homebuilding

Delayed Japan Exchange 11:54:45 2024-07-09 pm EDT 5-day change 1st Jan Change
7,640 JPY -0.65% Intraday chart for NAGAWA Co., Ltd. -0.39% +7.15%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023 2024
Capitalization 1 91,179 106,775 138,804 157,552 107,357 124,403
Enterprise Value (EV) 1 75,440 92,200 125,174 144,754 96,486 117,233
P/E ratio 34.3 x 50.6 x 45.7 x 52.3 x 34.3 x 39.9 x
Yield 0.41% 0.36% 0.28% 0.6% 0.88% -
Capitalization / Revenue 3.22 x 3.68 x 4.72 x 5.15 x 3.39 x 3.82 x
EV / Revenue 2.66 x 3.18 x 4.26 x 4.73 x 3.05 x 3.6 x
EV / EBITDA 11 x 13.7 x 17.1 x 19.3 x 12.8 x 14.8 x
EV / FCF 17.3 x 15 x 26.3 x 30.6 x 30.2 x 29 x
FCF Yield 5.79% 6.67% 3.8% 3.27% 3.31% 3.44%
Price to Book 2.17 x 2.4 x 2.89 x 3.1 x 2.01 x 2.08 x
Nbr of stocks (in thousands) 15,071 15,542 15,578 15,661 15,719 15,708
Reference price 2 6,050 6,870 8,910 10,060 6,830 7,920
Announcement Date 6/18/19 6/16/20 6/23/21 6/21/22 6/20/23 6/18/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2019 2020 2021 2022 2023 2024
Net sales 1 28,344 29,018 29,384 30,587 31,652 32,576
EBITDA 1 6,887 6,706 7,339 7,503 7,566 7,926
EBIT 1 3,796 3,537 4,283 4,432 4,309 4,241
Operating Margin 13.39% 12.19% 14.58% 14.49% 13.61% 13.02%
Earnings before Tax (EBT) 1 3,886 3,195 4,543 4,557 4,616 4,675
Net income 1 2,632 2,105 3,036 3,017 3,130 3,119
Net margin 9.29% 7.25% 10.33% 9.86% 9.89% 9.57%
EPS 2 176.5 135.7 194.9 192.5 199.1 198.4
Free Cash Flow 1 4,368 6,150 4,752 4,736 3,198 4,038
FCF margin 15.41% 21.19% 16.17% 15.48% 10.1% 12.39%
FCF Conversion (EBITDA) 63.42% 91.7% 64.75% 63.12% 42.27% 50.94%
FCF Conversion (Net income) 165.94% 292.14% 156.52% 156.98% 102.18% 129.45%
Dividend per Share 2 25.00 25.00 25.00 60.00 60.00 -
Announcement Date 6/18/19 6/16/20 6/23/21 6/21/22 6/20/23 6/18/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 13,445 14,286 7,547 6,975 14,414 8,246 7,160 14,944 8,692
EBITDA - - - - - - - - -
EBIT 1 1,847 2,075 1,168 931 2,042 1,190 785 1,792 1,220
Operating Margin 13.74% 14.52% 15.48% 13.35% 14.17% 14.43% 10.96% 11.99% 14.04%
Earnings before Tax (EBT) 1 2,057 2,243 1,091 1,074 2,278 1,237 996 1,971 1,452
Net income 1 1,370 1,488 718 739 1,603 828 662 1,313 977
Net margin 10.19% 10.42% 9.51% 10.59% 11.12% 10.04% 9.25% 8.79% 11.24%
EPS 2 87.99 95.14 45.79 47.01 102.0 52.65 42.16 83.54 62.16
Dividend per Share - - - - - - - - -
Announcement Date 10/26/20 10/25/21 1/24/22 7/25/22 10/24/22 1/30/23 7/31/23 10/30/23 1/29/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net Debt 1 - - - - - -
Net Cash position 1 15,739 14,575 13,630 12,798 10,871 7,170
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 4,368 6,150 4,752 4,736 3,198 4,038
ROE (net income / shareholders' equity) 6.35% 4.76% 6.55% 6.09% 5.99% 5.51%
ROA (Net income/ Total Assets) 5.22% 4.56% 5.18% 5.07% 4.7% 4.22%
Assets 1 50,420 46,120 58,594 59,529 66,658 73,947
Book Value Per Share 2 2,786 2,868 3,085 3,244 3,401 3,801
Cash Flow per Share 2 1,021 935.0 912.0 814.0 691.0 456.0
Capex 1 308 274 424 1,143 1,485 1,905
Capex / Sales 1.09% 0.94% 1.44% 3.74% 4.69% 5.85%
Announcement Date 6/18/19 6/16/20 6/23/21 6/21/22 6/20/23 6/18/24
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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