Financials BRONCO BILLY Co.,LTD.

Equities

3091

JP3831550003

Restaurants & Bars

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-05-02 am EDT			5-day change	1st Jan Change
3,890 ^JPY	+0.13%		-0.51%	+22.14%

Apr. 18	BRONCO BILLY Co.,LTD. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Mar. 12	BRONCO BILLY Co.,LTD. agreed to acquire LE VAN Co., Ltd.	CI

Valuation

Fiscal Period: December	2023	2024	2025	2026
Capitalization ¹	47,345	57,751	-	-
Enterprise Value (EV) ¹	40,140	57,751	57,751	57,751
P/E ratio	47.2 x	37.2 x	33 x	28.8 x
Yield	0.57%	0.51%	0.54%	0.57%
Capitalization / Revenue	2.03 x	2.25 x	2.08 x	1.94 x
EV / Revenue	2.03 x	2.25 x	2.08 x	1.94 x
EV / EBITDA	18.8 x	19.1 x	18 x	16.8 x
EV / FCF	31.8 x	36.1 x	39.3 x	29.8 x
FCF Yield	3.14%	2.77%	2.54%	3.36%
Price to Book	2.55 x	2.95 x	2.78 x	2.62 x
Nbr of stocks (in thousands)	14,865	14,865	-	-
Reference price ²	3,185	3,885	3,885	3,885
Announcement Date	1/18/24	-	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2023	2024	2025	2026
Net sales ¹	23,377	25,700	27,700	29,775
EBITDA ¹	2,514	3,030	3,210	3,440
EBIT ¹	1,644	2,325	2,610	2,980
Operating Margin	7.03%	9.05%	9.42%	10.01%
Earnings before Tax (EBT) ¹	1,449	1,990	2,160	2,400
Net income ¹	1,003	1,550	1,750	2,005
Net margin	4.29%	6.03%	6.32%	6.73%
EPS ²	67.50	104.3	117.7	134.9
Free Cash Flow ¹	1,489	1,600	1,469	1,938
FCF margin	6.37%	6.23%	5.3%	6.51%
FCF Conversion (EBITDA)	59.22%	52.81%	45.76%	56.34%
FCF Conversion (Net income)	148.42%	103.23%	83.94%	96.66%
Dividend per Share ²	18.00	20.00	21.00	22.00
Announcement Date	1/18/24	-	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q1	2023 Q2	2023 S1	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 S1	2024 Q3	2024 Q4
Net sales ¹	5,643	5,739	11,382	6,143	5,852	6,527	6,286	12,650	6,700	6,350
EBITDA	-	-	-	-	-	-	-	-	-	-
EBIT ¹	297	272	569	621	454	777	536.5	1,200	725	400
Operating Margin	5.26%	4.74%	5%	10.11%	7.76%	11.9%	8.53%	9.49%	10.82%	6.3%
Earnings before Tax (EBT)	312	-	565	608	-	793	-	-	-	-
Net income ¹	188	146	334	403	266	527	333	860	600	310
Net margin	3.33%	2.54%	2.93%	6.56%	4.55%	8.07%	5.3%	6.8%	8.96%	4.88%
EPS	12.66	-	22.48	27.17	-	35.47	-	-	-	-
Dividend per Share	-	-	8.000	-	-	-	-	-	-	-
Announcement Date	4/18/23	7/18/23	7/18/23	10/17/23	1/18/24	4/18/24	-	-	-	-

¹JPY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2023	2024	2025	2026
Net Debt	-	-	-	-
Net Cash position	7,205	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-
Free Cash Flow ¹	1,489	1,600	1,469	1,938
ROE (net income / shareholders' equity)	5.4%	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-
Assets ¹	-	-	-	-
Book Value Per Share ²	1,249	1,319	1,397	1,484
Cash Flow per Share	126.0	-	-	-
Capex ¹	1,057	1,882	1,700	1,645
Capex / Sales	4.52%	7.32%	6.14%	5.52%
Announcement Date	1/18/24	-	-	-

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 BRONCO BILLY Co.,LTD.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

3,885 JPY

Average target price

3,970 JPY

Spread / Average Target

+2.19%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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