Financials DD GROUP Co., Ltd.

Equities

3073

JP3499650004

Restaurants & Bars

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-30 am EDT			5-day change	1st Jan Change
1,275 ^JPY	+0.55%		+5.90%	-1.70%

Apr. 15	Middle East Geopolitical Woes Drag Japanese Shares Lower	MT
Apr. 15	DD Group's Attributable Profit Nearly Quadruples in Fiscal Year Ended February	MT

Valuation

Fiscal Period: February	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	15,388	18,579	10,728	9,016	13,071	23,083	-	-
Enterprise Value (EV) ¹	22,846	31,744	30,571	23,514	23,738	24,585	23,083	23,083
P/E ratio	14.2 x	12.9 x	-1.21 x	-24.6 x	19.4 x	7.65 x	8.77 x	7.62 x
Yield	0.9%	0.74%	-	-	-	-	-	-
Capitalization / Revenue	0.3 x	0.32 x	0.46 x	0.47 x	0.41 x	0.66 x	0.59 x	0.56 x
EV / Revenue	0.3 x	0.32 x	0.46 x	0.47 x	0.41 x	0.66 x	0.59 x	0.56 x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / FCF	7.16 x	-2.73 x	-1.21 x	-3.19 x	3.46 x	8.6 x	5.56 x	8.1 x
FCF Yield	14%	-36.6%	-82.5%	-31.3%	28.9%	11.6%	18%	12.3%
Price to Book	2.66 x	2.65 x	-11.1 x	-18.9 x	35.9 x	6.34 x	-	-
Nbr of stocks (in thousands)	15,304	15,304	16,084	18,104	18,104	18,104	-	-
Reference price ²	1,006	1,214	667.0	498.0	722.0	1,275	1,275	1,275
Announcement Date	4/12/19	4/14/20	4/14/21	4/14/22	4/14/23	4/12/24	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	50,973	57,369	23,483	19,353	32,235	37,079	39,200	41,300
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	2,115	2,846	-9,703	-7,332	467	3,243	3,700	4,300
Operating Margin	4.15%	4.96%	-41.32%	-37.89%	1.45%	8.75%	9.44%	10.41%
Earnings before Tax (EBT)	2,779	2,249	-10,872	6	1,099	2,475	-	-
Net income ¹	1,085	1,442	-8,507	-354	875	3,415	2,830	3,230
Net margin	2.13%	2.51%	-36.23%	-1.83%	2.71%	9.21%	7.22%	7.82%
EPS ²	70.94	94.24	-550.8	-20.21	37.30	177.6	145.3	167.4
Free Cash Flow ¹	2,149	-6,807	-8,847	-2,826	3,773	2,859	4,155	2,850
FCF margin	4.22%	-11.87%	-37.67%	-14.6%	11.7%	7.71%	10.6%	6.9%
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	198.06%	-	-	-	431.2%	83.72%	146.82%	88.24%
Dividend per Share	9.000	9.000	-	-	-	-	-	-
Announcement Date	4/12/19	4/14/20	4/14/21	4/14/22	4/14/23	4/12/24	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: February	2020 S1	2021 S1	2022 Q2	2022 S1	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 S1	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 S1	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 S1	2025 Q3	2025 Q4
Net sales ¹	29,196	11,160	3,759	7,923	5,326	6,104	7,354	7,560	14,914	8,231	9,090	9,278	8,940	18,218	9,175	9,686	9,590	9,350	18,940	9,410	10,850
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	1,769	-6,831	-2,451	-4,608	-1,450	-1,274	-337	-168	-505	222	750	1,104	567	1,671	637	935	910	810	1,720	780	1,200
Operating Margin	6.06%	-61.21%	-65.2%	-58.16%	-27.22%	-20.87%	-4.58%	-2.22%	-3.39%	2.7%	8.25%	11.9%	6.34%	9.17%	6.94%	9.65%	9.49%	8.66%	9.08%	8.29%	11.06%
Earnings before Tax (EBT)	1,724	-7,111	-	306	241	-	115	-	484	121	-	1,083	-	1,483	445	-	-	-	-	-	-
Net income ¹	929	-5,584	204	65	202	-621	57	316	373	65	437	1,010	411	1,421	410	1,584	690	610	1,300	580	950
Net margin	3.18%	-50.04%	5.43%	0.82%	3.79%	-10.17%	0.78%	4.18%	2.5%	0.79%	4.81%	10.89%	4.6%	7.8%	4.47%	16.35%	7.19%	6.52%	6.86%	6.16%	8.76%
EPS	60.76	-364.9	-	3.850	11.49	-	0.3800	-	15.06	0.8300	-	53.03	-	72.97	19.90	-	-	-	-	-	-
Dividend per Share	4.500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	10/15/19	10/15/20	10/15/21	10/15/21	1/14/22	4/14/22	7/15/22	10/14/22	10/14/22	1/13/23	4/14/23	7/14/23	10/13/23	10/13/23	1/12/24	4/12/24	-	-	-	-	-

¹JPY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: February	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	7,458	13,165	19,843	14,498	10,667	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	2,149	-6,807	-8,847	-2,826	3,773	2,859	4,155	2,850
ROE (net income / shareholders' equity)	19.1%	22.6%	-283%	-5%	17.4%	46.6%	-	-
ROA (Net income/ Total Assets)	8.24%	8.95%	-	-0.29%	2.36%	9%	-	-
Assets ¹	13,175	16,104	-	122,339	37,059	37,924	-	-
Book Value Per Share	378.0	458.0	-60.20	-26.40	20.10	214.0	-	-
Cash Flow per Share	151.0	181.0	-470.0	23.60	85.10	225.0	-	-
Capex ¹	800	10,683	734	844	725	981	10	960
Capex / Sales	1.57%	18.62%	3.13%	4.36%	2.25%	2.65%	0.03%	2.32%
Announcement Date	4/12/19	4/14/20	4/14/21	4/14/22	4/14/23	4/12/24	-	-

¹JPY in Million

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for DD GROUP Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1,275 JPY

Average target price

3,500 JPY

Spread / Average Target

+174.51%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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JOLLIBEE FOODS CORPORATION	-6.36%	4.66B
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Other Restaurants & Bars