Financials Fixstars Corporation

Equities

3687

JP3802950000

Software

Market Closed - Japan Exchange 02:00:00 2024-04-30 am EDT 5-day change 1st Jan Change
1,987 JPY +0.86% Intraday chart for Fixstars Corporation +1.58% +53.91%

Valuation

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 47,526 37,126 25,719 33,814 37,680 63,390 - -
Enterprise Value (EV) 1 45,825 35,247 23,973 30,861 34,348 63,390 63,390 63,390
P/E ratio 54.6 x 55.8 x 47.5 x 31.4 x 26 x 37.6 x 33.1 x 29.4 x
Yield 0.52% 0.53% 0.63% 0.95% 1.11% 0.76% 0.86% 0.96%
Capitalization / Revenue 6.82 x 6.44 x 4.68 x 5.36 x 5.35 x 7.91 x 6.94 x 6.42 x
EV / Revenue 6.82 x 6.44 x 4.68 x 5.36 x 5.35 x 7.91 x 6.94 x 6.42 x
EV / EBITDA - - - - - - - -
EV / FCF 62,452,390 x 46,935,199 x - 23,449,706 x 55,411,577 x - - -
FCF Yield 0% 0% - 0% 0% - - -
Price to Book 14.5 x 10.8 x 7.28 x 7.66 x 6.68 x - - -
Nbr of stocks (in thousands) 33,027 32,855 32,515 32,143 32,178 32,177 - -
Reference price 2 1,439 1,130 791.0 1,052 1,171 1,970 1,970 1,970
Announcement Date 11/12/19 11/13/20 11/12/21 11/11/22 11/9/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,966 5,764 5,501 6,310 7,038 8,014 9,137 9,869
EBITDA - - - - - - - -
EBIT 1 1,316 1,184 971 1,624 2,086 2,345 2,892 3,257
Operating Margin 18.89% 20.54% 17.65% 25.74% 29.64% 29.26% 31.65% 33%
Earnings before Tax (EBT) 1,311 1,130 944 1,680 2,094 - - -
Net income 1 870 668 543 1,082 1,447 1,764 2,005 2,258
Net margin 12.49% 11.59% 9.87% 17.15% 20.56% 22.01% 21.94% 22.88%
EPS 2 26.34 20.24 16.64 33.53 45.01 52.40 59.60 67.10
Free Cash Flow 761 791 - 1,442 680 - - -
FCF margin 10.92% 13.72% - 22.85% 9.66% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) 87.47% 118.41% - 133.27% 46.99% - - -
Dividend per Share 2 7.500 6.000 5.000 10.00 13.00 15.00 17.00 19.00
Announcement Date 11/12/19 11/13/20 11/12/21 11/11/22 11/9/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September 2020 S1 2021 S1 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1
Net sales 1 2,946 2,761 1,401 3,014 1,595 1,716 3,566 1,680 1,854
EBITDA - - - - - - - - -
EBIT 1 651 466 290 868 337 484 998 367 524
Operating Margin 22.1% 16.88% 20.7% 28.8% 21.13% 28.21% 27.99% 21.85% 28.26%
Earnings before Tax (EBT) 1 651 458 289 858 340 504 1,011 366 524
Net income 1 399 268 170 535 215 326 653 221 337
Net margin 13.54% 9.71% 12.13% 17.75% 13.48% 19% 18.31% 13.15% 18.18%
EPS 2 12.10 8.190 5.230 16.51 6.700 10.16 20.33 6.850 10.50
Dividend per Share - - - - - - - - -
Announcement Date 5/14/20 5/12/21 2/10/22 5/13/22 8/12/22 2/10/23 5/12/23 8/10/23 2/8/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 1,701 1,879 1,746 2,953 3,332 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 761 791 - 1,442 680 - - -
ROE (net income / shareholders' equity) 28% 19.9% 15.6% 27.2% 28.8% 28.1% - -
ROA (Net income/ Total Assets) 33.8% 19.2% 12.4% 21.7% 25.4% - - -
Assets 1 2,575 3,487 4,395 4,980 5,696 - - -
Book Value Per Share 99.60 105.0 109.0 137.0 175.0 - - -
Cash Flow per Share 27.90 21.80 19.30 38.10 49.20 - - -
Capex 33 67 - 46 39 - - -
Capex / Sales 0.47% 1.16% - 0.73% 0.55% - - -
Announcement Date 11/12/19 11/13/20 11/12/21 11/11/22 11/9/23 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
1,970
Average target price
-
Consensus
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