Financials I-Net Corp.

Equities

9600

JP3105010007

IT Services & Consulting

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
2,011 JPY +0.35% Intraday chart for I-Net Corp. -2.57% +8.82%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 25,979 20,939 21,066 24,332 20,386 20,365
Enterprise Value (EV) 1 30,341 26,081 26,799 30,378 25,775 26,559
P/E ratio 19 x 13.8 x 12.6 x 16.3 x 12 x 15.2 x
Yield 2.33% 3.04% 3.25% 2.89% 3.68% 3.77%
Capitalization / Revenue 1.01 x 0.76 x 0.68 x 0.81 x 0.65 x 0.58 x
EV / Revenue 1.18 x 0.95 x 0.86 x 1.01 x 0.83 x 0.76 x
EV / EBITDA 8.55 x 6.85 x 6.3 x 7.71 x 6.07 x 6.53 x
EV / FCF 12.9 x 20.2 x -152 x 57.1 x 11.3 x -64.3 x
FCF Yield 7.73% 4.94% -0.66% 1.75% 8.88% -1.56%
Price to Book 1.92 x 1.46 x 1.38 x 1.5 x 1.18 x 1.16 x
Nbr of stocks (in thousands) 15,899 15,899 15,911 15,976 15,976 15,985
Reference price 2 1,634 1,317 1,324 1,523 1,276 1,274
Announcement Date 6/22/18 6/25/19 6/24/20 6/24/21 6/24/22 6/22/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 25,615 27,591 31,097 30,016 31,169 34,988
EBITDA 1 3,550 3,810 4,251 3,939 4,244 4,068
EBIT 1 2,081 2,346 2,502 2,156 2,367 2,129
Operating Margin 8.12% 8.5% 8.05% 7.18% 7.59% 6.08%
Earnings before Tax (EBT) 1 2,050 2,270 2,451 2,194 2,539 1,994
Net income 1 1,368 1,521 1,672 1,494 1,694 1,343
Net margin 5.34% 5.51% 5.38% 4.98% 5.43% 3.84%
EPS 2 86.04 95.67 105.1 93.58 106.0 84.03
Free Cash Flow 1 2,347 1,288 -176 531.9 2,288 -413.2
FCF margin 9.16% 4.67% -0.57% 1.77% 7.34% -1.18%
FCF Conversion (EBITDA) 66.1% 33.81% - 13.5% 53.92% -
FCF Conversion (Net income) 171.54% 84.7% - 35.6% 135.08% -
Dividend per Share 2 38.00 40.00 43.00 44.00 47.00 48.00
Announcement Date 6/22/18 6/25/19 6/24/20 6/24/21 6/24/22 6/22/23
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 15,360 14,884 14,935 7,681 7,905 16,808 8,712 9,184 18,979 9,234
EBITDA - - - - - - - - - -
EBIT 1 1,257 829 986 549 323 1,059 293 657 1,575 658
Operating Margin 8.18% 5.57% 6.6% 7.15% 4.09% 6.3% 3.36% 7.15% 8.3% 7.13%
Earnings before Tax (EBT) 1 1,247 571 1,088 596 360 1,012 312 702 1,605 690
Net income 1 827 372 715 403 215 648 202 438 1,041 460
Net margin 5.38% 2.5% 4.79% 5.25% 2.72% 3.86% 2.32% 4.77% 5.49% 4.98%
EPS 2 52.01 23.34 44.78 25.20 13.46 40.57 12.66 27.41 65.19 28.73
Dividend per Share 21.50 22.00 23.50 - - 24.00 - - 26.00 -
Announcement Date 10/31/19 10/30/20 10/29/21 1/31/22 7/29/22 10/31/22 1/31/23 7/31/23 10/31/23 1/31/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 4,362 5,142 5,733 6,046 5,389 6,194
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.229 x 1.35 x 1.349 x 1.535 x 1.27 x 1.523 x
Free Cash Flow 1 2,347 1,288 -176 532 2,288 -413
ROE (net income / shareholders' equity) 10.4% 10.9% 11.3% 9.51% 10.1% 7.7%
ROA (Net income/ Total Assets) 5.08% 5.36% 5.38% 4.37% 4.51% 4.02%
Assets 1 26,943 28,373 31,064 34,174 37,535 33,375
Book Value Per Share 2 849.0 903.0 957.0 1,015 1,083 1,100
Cash Flow per Share 2 208.0 208.0 194.0 252.0 231.0 145.0
Capex 1 339 1,949 3,332 2,306 952 1,482
Capex / Sales 1.32% 7.06% 10.71% 7.68% 3.05% 4.24%
Announcement Date 6/22/18 6/25/19 6/24/20 6/24/21 6/24/22 6/22/23
1JPY in Million2JPY
Estimates
  1. Stock Market
  2. Equities
  3. 9600 Stock
  4. Financials I-Net Corp.