Financials LAND Co., Ltd.

Equities

8918

JP3968800007

Real Estate Development & Operations

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
8 JPY 0.00% Intraday chart for LAND Co., Ltd. 0.00% +14.29%

Valuation

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Capitalization 1 12,456 11,526 11,526 18,729 15,771 14,337
Enterprise Value (EV) 1 13,205 11,383 11,227 18,051 14,655 13,853
P/E ratio 17.8 x 166 x 12.3 x -6.72 x 9.45 x 11.2 x
Yield - - - - 0.91% 1%
Capitalization / Revenue 2.85 x 5.14 x 4 x 16.4 x 5.21 x 3.5 x
EV / Revenue 3.02 x 5.07 x 3.9 x 15.8 x 4.84 x 3.38 x
EV / EBITDA 9.84 x 15.9 x 7.61 x -6.4 x 9.35 x 10.7 x
EV / FCF -7.27 x -11 x -37.1 x 12.8 x -79.1 x -15.1 x
FCF Yield -13.8% -9.12% -2.69% 7.83% -1.26% -6.63%
Price to Book 3.4 x 1.9 x 1.56 x 4.07 x 2.55 x 1.96 x
Nbr of stocks (in thousands) 778,476 1,440,726 1,440,726 1,440,726 1,433,717 1,433,717
Reference price 2 16.00 8.000 8.000 13.00 11.00 10.00
Announcement Date 5/25/18 5/31/19 5/29/20 5/28/21 5/27/22 5/26/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Net sales 1 4,372 2,244 2,878 1,141 3,026 4,102
EBITDA 1 1,342 717 1,476 -2,821 1,568 1,300
EBIT 1 1,341 714 1,474 -2,824 1,565 1,294
Operating Margin 30.67% 31.82% 51.22% -247.5% 51.72% 31.55%
Earnings before Tax (EBT) 1 1,340 612 1,480 -2,789 1,671 1,356
Net income 1 1,203 421 1,319 -2,789 1,670 1,276
Net margin 27.52% 18.76% 45.83% -244.43% 55.19% 31.11%
EPS 2 0.9000 0.0483 0.6493 -1.936 1.164 0.8900
Free Cash Flow 1 -1,817 -1,038 -302.5 1,413 -185.2 -918.6
FCF margin -41.56% -46.28% -10.51% 123.83% -6.12% -22.39%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - 0.1000 0.1000
Announcement Date 5/25/18 5/31/19 5/29/20 5/28/21 5/27/22 5/26/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: February 2020 S1 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 1,660 307 2,344 173 1,113 1,273 2,617 325 533 194
EBITDA - - - - - - - - - -
EBIT 1 1,025 -210 1,781 -109 917 803 861 -83 -90 -45
Operating Margin 61.75% -68.4% 75.98% -63.01% 82.39% 63.08% 32.9% -25.54% -16.89% -23.2%
Earnings before Tax (EBT) 1 1,032 -190 1,923 -108 930 826 885 -58 -49 -68
Net income 1 992 -190 1,923 -108 918 814 772 -58 -54 -73
Net margin 59.76% -61.89% 82.04% -62.43% 82.48% 63.94% 29.5% -17.85% -10.13% -37.63%
EPS 2 0.6900 -0.1300 1.340 -0.0800 0.6400 0.5700 0.5400 -0.0400 -0.0400 -0.0500
Dividend per Share - - - - - - - - - -
Announcement Date 10/10/19 10/8/20 10/7/21 1/13/22 7/14/22 10/13/22 1/12/23 7/13/23 10/12/23 1/11/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Net Debt 1 749 - - - - -
Net Cash position 1 - 143 299 678 1,116 484
Leverage (Debt/EBITDA) 0.5581 x - - - - -
Free Cash Flow 1 -1,817 -1,039 -303 1,413 -185 -919
ROE (net income / shareholders' equity) 41.1% 8.66% 19.6% -46.5% 31% 18.9%
ROA (Net income/ Total Assets) 15.5% 6.53% 11.4% -23.6% 14.8% 10.3%
Assets 1 7,772 6,445 11,568 11,812 11,275 12,439
Book Value Per Share 2 4.710 4.210 5.130 3.190 4.310 5.100
Cash Flow per Share 2 1.320 0.5500 0.5200 0.9200 1.240 0.9300
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 5/25/18 5/31/19 5/29/20 5/28/21 5/27/22 5/26/23
1JPY in Million2JPY
Estimates
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