Financials Innotech Corporation

Equities

9880

JP3147800001

IT Services & Consulting

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
1,806 JPY +0.11% Intraday chart for Innotech Corporation +0.22% +7.44%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 22,466 14,172 9,203 16,889 18,142 18,174
Enterprise Value (EV) 1 16,703 13,559 9,798 19,807 20,080 20,719
P/E ratio 32.4 x 10.8 x 11.1 x 11.6 x 8.48 x 11.2 x
Yield 2.35% 4.15% 4.65% 3.77% 4.7% 5.06%
Capitalization / Revenue 0.78 x 0.48 x 0.3 x 0.52 x 0.49 x 0.47 x
EV / Revenue 0.58 x 0.45 x 0.31 x 0.61 x 0.54 x 0.54 x
EV / EBITDA 8.03 x 4.63 x 3.42 x 6.2 x 5.18 x 5.53 x
EV / FCF 13.7 x 977 x 6.85 x -87.7 x 23.8 x -42.3 x
FCF Yield 7.32% 0.1% 14.6% -1.14% 4.19% -2.36%
Price to Book 0.9 x 0.67 x 0.55 x 0.83 x 0.81 x 0.77 x
Nbr of stocks (in thousands) 17,634 14,686 10,701 12,717 13,108 13,141
Reference price 2 1,274 965.0 860.0 1,328 1,384 1,383
Announcement Date 6/22/18 6/21/19 6/24/20 6/24/21 6/27/22 6/23/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 28,735 29,804 31,161 32,536 37,238 38,629
EBITDA 1 2,081 2,930 2,862 3,197 3,874 3,748
EBIT 1 1,245 1,955 1,670 1,954 2,586 2,319
Operating Margin 4.33% 6.56% 5.36% 6.01% 6.94% 6%
Earnings before Tax (EBT) 1 1,208 2,255 1,894 2,456 2,975 2,481
Net income 1 721 1,493 1,168 1,534 2,194 1,666
Net margin 2.51% 5.01% 3.75% 4.71% 5.89% 4.31%
EPS 2 39.38 89.48 77.26 114.5 163.2 123.7
Free Cash Flow 1 1,223 13.88 1,431 -225.8 842.2 -489.6
FCF margin 4.26% 0.05% 4.59% -0.69% 2.26% -1.27%
FCF Conversion (EBITDA) 58.78% 0.47% 49.99% - 21.74% -
FCF Conversion (Net income) 169.64% 0.93% 122.5% - 38.39% -
Dividend per Share 2 30.00 40.00 40.00 50.00 65.00 70.00
Announcement Date 6/22/18 6/21/19 6/24/20 6/24/21 6/27/22 6/23/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 14,186 14,935 9,635 18,863 9,091 9,284 9,037 10,726 19,763 8,359 8,689 19,471 10,854
EBITDA - - - - - - - - - - - - -
EBIT 1 619 456 868.2 1,681 630 274 343.3 917.7 1,261 169 101 854 985
Operating Margin 4.36% 3.05% 9.01% 8.91% 6.93% 2.95% 3.8% 8.56% 6.38% 2.02% 1.16% 4.39% 9.07%
Earnings before Tax (EBT) 1 678 599 1,006 1,960 685 331 550.7 977.3 1,528 136 325 1,208 415
Net income 1 427 290 766.5 1,406 543 245 266 657 923.2 67 189 833 161
Net margin 3.01% 1.94% 7.96% 7.45% 5.97% 2.64% 2.94% 6.13% 4.67% 0.8% 2.18% 4.28% 1.48%
EPS 2 29.09 22.89 - 108.9 41.32 - 20.29 - 70.39 5.090 14.45 62.75 11.84
Dividend per Share 20.00 20.00 - 30.00 - - - - 35.00 - - 35.00 -
Announcement Date 11/7/19 11/9/20 11/9/21 11/9/21 2/8/22 5/12/22 8/9/22 11/10/22 11/10/22 2/9/23 8/9/23 11/9/23 2/9/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 595 2,918 1,938 2,545
Net Cash position 1 5,763 613 - - - -
Leverage (Debt/EBITDA) - - 0.2079 x 0.9127 x 0.5003 x 0.679 x
Free Cash Flow 1 1,223 13.9 1,431 -226 842 -490
ROE (net income / shareholders' equity) 3.08% 6.72% 6.11% 7.84% 10.3% 7.18%
ROA (Net income/ Total Assets) 2.48% 3.73% 3.08% 3.36% 4.13% 3.44%
Assets 1 29,114 39,982 37,963 45,626 53,091 48,375
Book Value Per Share 2 1,413 1,449 1,550 1,600 1,704 1,806
Cash Flow per Share 2 333.0 306.0 499.0 442.0 508.0 502.0
Capex 1 678 611 679 662 639 1,076
Capex / Sales 2.36% 2.05% 2.18% 2.03% 1.72% 2.79%
Announcement Date 6/22/18 6/21/19 6/24/20 6/24/21 6/27/22 6/23/23
1JPY in Million2JPY
Estimates
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