Financials St.Cousair Co., Ltd.

Equities

2937

JP3328700004

Food Processing

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-07-05 am EDT			5-day change	1st Jan Change
2,248 ^JPY	-0.49%		+2.51%	-13.14%

May. 09	St. Cousair's Attributable Profit Tanks 23% in FY Ended March on Higher Overhead Costs	MT
May. 07	St.Cousair Co., Ltd. Announces Dividend for the Year Ended March 31, 2024, Payable on June 24, 2024; Provides Dividend Guidance for the Year Ending March 31, 2025	CI

Valuation

Fiscal Period: March	2023	2024	2025	2026	2027
Capitalization ¹	39,714	22,044	20,757	-	-
Enterprise Value (EV) ¹	38,283	21,023	20,757	20,757	20,757
P/E ratio	33.7 x	26.7 x	23.6 x	21.2 x	18.9 x
Yield	0.78%	1.46%	1.56%	1.56%	1.56%
Capitalization / Revenue	2.22 x	1.15 x	0.99 x	0.91 x	0.83 x
EV / Revenue	2.22 x	1.15 x	0.99 x	0.91 x	0.83 x
EV / EBITDA	21.3 x	13.8 x	12.3 x	11 x	9.79 x
EV / FCF	48.9 x	-229 x	-	104 x	51.9 x
FCF Yield	2.04%	-0.44%	-	0.96%	1.93%
Price to Book	9.6 x	4.66 x	3.92 x	3.46 x	3.05 x
Nbr of stocks (in thousands)	8,885	9,220	9,233	-	-
Reference price ²	4,470	2,391	2,248	2,248	2,248
Announcement Date	5/9/23	5/7/24	-	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March	2022	2023	2024	2025	2026	2027
Net sales ¹	14,165	17,865	19,162	21,000	22,900	24,900
EBITDA ¹	-	1,869	1,594	1,690	1,880	2,120
EBIT ¹	-	1,599	1,289	1,340	1,480	1,670
Operating Margin	-	8.95%	6.73%	6.38%	6.46%	6.71%
Earnings before Tax (EBT)	-	1,648	1,345	-	-	-
Net income ¹	939.1	1,058	818	880	980	1,100
Net margin	6.63%	5.92%	4.27%	4.19%	4.28%	4.42%
EPS ²	-	132.7	89.42	95.30	106.2	119.1
Free Cash Flow ¹	-	811.9	-96.23	-	200	400
FCF margin	-	4.54%	-0.5%	-	0.87%	1.61%
FCF Conversion (EBITDA)	-	43.45%	-	-	10.64%	18.87%
FCF Conversion (Net income)	-	76.74%	-	-	20.41%	36.36%
Dividend per Share ²	-	35.00	35.00	35.00	35.00	35.00
Announcement Date	11/17/22	5/9/23	5/7/24	-	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March	2023 S1	2024 Q1	2024 S1	2024 Q3	2025 Q1
Net sales ¹	-	4,806	9,018	5,286	5,240
EBITDA	-	-	-	-	-
EBIT	-	502	746	341	-
Operating Margin	-	10.45%	8.27%	6.45%	-
Earnings before Tax (EBT)	-	555	824	316	-
Net income ¹	-	364	524	200	170
Net margin	-	7.57%	5.81%	3.78%	3.24%
EPS	-	40.08	57.67	21.73	-
Dividend per Share	-	-	-	-	-
Announcement Date	-	8/8/23	11/7/23	2/6/24	-

¹JPY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: March	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-
Net Cash position	-	1,431	1,021	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow ¹	-	812	-96.2	-	200	400
ROE (net income / shareholders' equity)	-	38%	18.3%	17.5%	17.3%	17.2%
ROA (Net income/ Total Assets)	-	13.5%	15.1%	9.5%	10.5%	11.3%
Assets ¹	-	7,812	5,429	9,263	9,333	9,735
Book Value Per Share ²	-	466.0	513.0	574.0	650.0	737.0
Cash Flow per Share	-	163.0	119.0	-	-	-
Capex	-	249	324	-	-	-
Capex / Sales	-	1.39%	1.69%	-	-	-
Announcement Date	11/17/22	5/9/23	5/7/24	-	-	-

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

Ratings for St.Cousair Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

2,248 JPY

Average target price

2,300 JPY

Spread / Average Target

+2.31%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Food Processing

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NESTLÉ INDIA LIMITED	-3.22%	29.38B
ASSOCIATED BRITISH FOODS PLC	+4.44%	23.47B
YIHAI KERRY ARAWANA HOLDINGS CO., LTD	-17.08%	20.57B

Other Food Processing