Financials Digital Arts Inc.

Equities

2326

JP3549020000

Software

Market Closed - Japan Exchange 02:00:00 2024-05-02 am EDT 5-day change 1st Jan Change
4,170 JPY +0.24% Intraday chart for Digital Arts Inc. -0.48% -18.71%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 125,801 65,441 135,918 104,137 71,600 57,352 - -
Enterprise Value (EV) 1 119,333 57,790 124,536 88,364 54,582 57,352 57,352 57,352
P/E ratio 64.1 x 41.1 x 66 x 35.9 x 23.4 x 18.8 x 17.9 x 16.4 x
Yield 0.53% 1.07% 0.57% 0.94% 1.47% 1.92% 2.04% 2.4%
Capitalization / Revenue 21.5 x 11.6 x 19.9 x 11.5 x 6.86 x 5.03 x 5.03 x 4.59 x
EV / Revenue 21.5 x 11.6 x 19.9 x 11.5 x 6.86 x 5.03 x 5.03 x 4.59 x
EV / EBITDA - - - - - - - -
EV / FCF 43,082,647 x 34,420,498 x 30,953,838 x 16,949,419 x 23,178,936 x - - -
FCF Yield 0% 0% 0% 0% 0% - - -
Price to Book 16.2 x 7.57 x 13.5 x 8.59 x 5.06 x - - -
Nbr of stocks (in thousands) 13,901 14,013 14,027 14,035 14,039 13,753 - -
Reference price 2 9,050 4,670 9,690 7,420 5,100 4,170 4,170 4,170
Announcement Date 5/9/19 5/8/20 5/7/21 5/10/22 5/9/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,841 5,641 6,825 9,051 10,436 11,400 11,400 12,500
EBITDA - - - - - - - -
EBIT 1 2,629 2,328 2,977 4,126 4,413 4,400 4,900 5,400
Operating Margin 45.01% 41.27% 43.62% 45.59% 42.29% 38.6% 42.98% 43.2%
Earnings before Tax (EBT) 2,563 2,326 3,001 4,136 4,430 - - -
Net income 1 1,961 1,590 2,059 2,900 3,062 3,050 3,200 3,500
Net margin 33.57% 28.19% 30.17% 32.04% 29.34% 26.75% 28.07% 28%
EPS 2 141.1 113.7 146.9 206.7 218.1 221.8 232.7 254.5
Free Cash Flow 2,920 1,901 4,391 6,144 3,089 - - -
FCF margin 49.99% 33.7% 64.34% 67.88% 29.6% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) 148.9% 119.57% 213.26% 211.86% 100.88% - - -
Dividend per Share 2 48.00 50.00 55.00 70.00 75.00 80.00 85.00 100.0
Announcement Date 5/9/19 5/8/20 5/7/21 5/10/22 5/9/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2021 S2 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4
Net sales 1 2,764 2,877 3,101 3,724 2,633 4,552 2,134 2,365 4,499 2,386 2,698 5,084 2,574 2,778 5,352 2,541 3,022 5,563 2,759 3,079
EBITDA - - - - - - - - - - - - - - - - - - - -
EBIT 1 1,096 1,232 1,310 1,667 1,348 2,079 945 1,102 2,047 1,009 1,238 2,247 981 1,185 2,166 872 1,316 2,188 934 1,278
Operating Margin 39.65% 42.82% 42.24% 44.76% 51.2% 45.67% 44.28% 46.6% 45.5% 42.29% 45.89% 44.2% 38.11% 42.66% 40.47% 34.32% 43.55% 39.33% 33.85% 41.51%
Earnings before Tax (EBT) 1,092 - 1,325 - - 2,081 948 - - 1,019 - 2,263 979 - - 890 - 2,205 932 -
Net income 1 745 - 908 - - 1,433 648 - - 702 - 1,558 677 - - 614 907 1,521 641 888
Net margin 26.95% - 29.28% - - 31.48% 30.37% - - 29.42% - 30.65% 26.3% - - 24.16% 30.01% 27.34% 23.23% 28.84%
EPS 53.40 - 64.84 - - 102.2 46.18 - - 50.00 - 111.0 48.22 - - 43.87 - 108.9 46.48 -
Dividend per Share 25.00 - 25.00 - - 30.00 - - - - - 35.00 - - - - - 40.00 - -
Announcement Date 10/30/19 5/8/20 10/30/20 5/7/21 10/29/21 10/29/21 1/31/22 5/10/22 5/10/22 7/29/22 10/31/22 10/31/22 1/31/23 5/9/23 5/9/23 7/31/23 10/31/23 10/31/23 1/31/24 -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 6,468 7,651 11,382 15,773 17,018 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2,920 1,901 4,391 6,144 3,089 - - -
ROE (net income / shareholders' equity) 28.1% 19.4% 22% 26.2% 23.3% 19% 17.6% 17.2%
ROA (Net income/ Total Assets) 29.6% 22.5% 23.3% 24.2% 21.9% - - -
Assets 1 6,631 7,079 8,849 11,992 13,996 - - -
Book Value Per Share 558.0 617.0 716.0 864.0 1,007 - - -
Cash Flow per Share 189.0 171.0 208.0 270.0 281.0 - - -
Capex 1 910 785 835 25 58 917 984 984
Capex / Sales 15.57% 13.92% 12.23% 0.28% 0.56% 8.04% 8.63% 7.87%
Announcement Date 5/9/19 5/8/20 5/7/21 5/10/22 5/9/23 - - -
1JPY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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