Financials Asahimatsu Foods Co., Ltd.

Equities

2911

JP3117000004

Food Processing

Delayed Japan Exchange 01:20:35 2024-05-02 am EDT 5-day change 1st Jan Change
2,261 JPY +0.04% Intraday chart for Asahimatsu Foods Co., Ltd. -0.26% +1.98%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 3,695 3,914 3,883 4,087 4,033 4,037
Enterprise Value (EV) 1 2,702 3,024 3,240 3,264 2,891 2,941
P/E ratio 44.5 x 17 x 14.9 x 17.3 x 20.5 x -59.3 x
Yield 1.24% 1.4% 1.4% 1.56% 1.59% 0.45%
Capitalization / Revenue 0.45 x 0.44 x 0.44 x 0.5 x 0.5 x 0.51 x
EV / Revenue 0.33 x 0.34 x 0.37 x 0.4 x 0.36 x 0.37 x
EV / EBITDA 4.16 x 3.51 x 3.78 x 4.1 x 3.89 x 6.31 x
EV / FCF 14.8 x 35.8 x -23.2 x 36.3 x 26.9 x -208 x
FCF Yield 6.74% 2.79% -4.31% 2.75% 3.72% -0.48%
Price to Book 0.55 x 0.57 x 0.56 x 0.56 x 0.54 x 0.54 x
Nbr of stocks (in thousands) 1,829 1,829 1,809 1,818 1,827 1,835
Reference price 2 2,020 2,140 2,147 2,248 2,207 2,200
Announcement Date 6/29/18 6/26/19 6/29/20 6/28/21 6/27/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 8,288 8,905 8,837 8,224 8,033 7,937
EBITDA 1 649 861 857 796 744 466
EBIT 1 155 307 314 265 205 -50
Operating Margin 1.87% 3.45% 3.55% 3.22% 2.55% -0.63%
Earnings before Tax (EBT) 1 89 304 296 293 261 -29
Net income 1 83 230 262 236 196 -68
Net margin 1% 2.58% 2.96% 2.87% 2.44% -0.86%
EPS 2 45.37 125.8 144.2 130.0 107.5 -37.12
Free Cash Flow 1 182.1 84.5 -139.5 89.88 107.6 -14.12
FCF margin 2.2% 0.95% -1.58% 1.09% 1.34% -0.18%
FCF Conversion (EBITDA) 28.06% 9.81% - 11.29% 14.47% -
FCF Conversion (Net income) 219.43% 36.74% - 38.08% 54.91% -
Dividend per Share 2 25.00 30.00 30.00 35.00 35.00 10.00
Announcement Date 6/29/18 6/26/19 6/29/20 6/28/21 6/27/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 4,223 3,955 3,856 2,325 1,856 3,761 2,396 1,926 3,830 2,423
EBITDA - - - - - - - - - -
EBIT 1 102 108 70 143 -34 -79 79 6 48 143
Operating Margin 2.42% 2.73% 1.82% 6.15% -1.83% -2.1% 3.3% 0.31% 1.25% 5.9%
Earnings before Tax (EBT) 1 108 184 90 162 -21 -13 103 23 71 172
Net income 1 66 134 69 126 -39 -33 63 13 58 142
Net margin 1.56% 3.39% 1.79% 5.42% -2.1% -0.88% 2.63% 0.67% 1.51% 5.86%
EPS 2 36.18 74.45 38.15 69.16 -21.71 -18.41 35.24 7.220 31.67 77.32
Dividend per Share - - - - - - - - - -
Announcement Date 11/8/19 11/10/20 11/5/21 2/4/22 8/5/22 11/4/22 2/3/23 8/8/23 11/7/23 2/6/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 993 890 643 823 1,142 1,096
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 182 84.5 -140 89.9 108 -14.1
ROE (net income / shareholders' equity) 1.27% 3.36% 3.78% 3.32% 2.65% -0.89%
ROA (Net income/ Total Assets) 1.01% 1.9% 1.94% 1.67% 1.31% -0.33%
Assets 1 8,225 12,126 13,472 14,111 14,913 20,694
Book Value Per Share 2 3,691 3,739 3,835 3,998 4,102 4,064
Cash Flow per Share 2 1,294 1,486 1,271 1,244 1,084 1,002
Capex 1 640 652 685 481 375 223
Capex / Sales 7.72% 7.32% 7.75% 5.85% 4.67% 2.81%
Announcement Date 6/29/18 6/26/19 6/29/20 6/28/21 6/27/22 6/29/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 2911 Stock
  4. Financials Asahimatsu Foods Co., Ltd.