Financials PIA Corporation

Equities

4337

JP3801570007

Leisure & Recreation

Delayed Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
3,040 JPY 0.00% Intraday chart for PIA Corporation +1.33% -9.52%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 76,910 63,140 30,356 44,215 50,427 49,022
Enterprise Value (EV) 1 58,328 40,784 19,086 57,185 51,106 43,890
P/E ratio 108 x 77.7 x 251 x -6.4 x -44.6 x 34.6 x
Yield 0.24% 0.44% 0.22% - - -
Capitalization / Revenue 0.47 x 0.35 x 0.19 x 0.66 x 1.95 x 1.5 x
EV / Revenue 0.36 x 0.23 x 0.12 x 0.85 x 1.98 x 1.34 x
EV / EBITDA 28.6 x 15.1 x 7.74 x -13.5 x 28.8 x 13.8 x
EV / FCF 14.6 x 6.81 x -2.02 x -2.3 x 4.79 x 8.53 x
FCF Yield 6.83% 14.7% -49.5% -43.4% 20.9% 11.7%
Price to Book 10.5 x 9.66 x 5.1 x 24.1 x 17.9 x 11.3 x
Nbr of stocks (in thousands) 14,112 13,756 13,612 14,426 15,258 15,272
Reference price 2 5,450 4,590 2,230 3,065 3,305 3,210
Announcement Date 6/18/18 6/17/19 6/25/20 6/21/21 6/20/22 6/19/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 163,509 179,969 163,204 67,355 25,829 32,763
EBITDA 1 2,037 2,701 2,466 -4,241 1,774 3,174
EBIT 1 1,226 1,378 1,105 -6,231 -833 820
Operating Margin 0.75% 0.77% 0.68% -9.25% -3.23% 2.5%
Earnings before Tax (EBT) 1 1,181 1,346 421 -6,166 -1,316 1,250
Net income 1 706 817 121 -6,664 -1,122 1,415
Net margin 0.43% 0.45% 0.07% -9.89% -4.34% 4.32%
EPS 2 50.25 59.07 8.883 -479.0 -74.14 92.72
Free Cash Flow 1 3,985 5,991 -9,454 -24,816 10,658 5,143
FCF margin 2.44% 3.33% -5.79% -36.84% 41.27% 15.7%
FCF Conversion (EBITDA) 195.65% 221.81% - - 600.81% 162.05%
FCF Conversion (Net income) 564.5% 733.31% - - - 363.49%
Dividend per Share 2 13.00 20.00 5.000 - - -
Announcement Date 6/18/18 6/17/19 6/25/20 6/21/21 6/20/22 6/19/23
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 88,372 21,760 9,771 11,386 7,577 15,600 8,391 9,875 19,665 9,064
EBITDA - - - - - - - - - -
EBIT 1 696 -4,442 -1,754 898 221 440 12 910 980 6
Operating Margin 0.79% -20.41% -17.95% 7.89% 2.92% 2.82% 0.14% 9.22% 4.98% 0.07%
Earnings before Tax (EBT) 1 566 -4,303 -1,740 896 206 1,069 -61 921 948 -158
Net income 1 324 -4,309 -1,729 893 192 1,029 -89 895 896 -186
Net margin 0.37% -19.8% -17.7% 7.84% 2.53% 6.6% -1.06% 9.06% 4.56% -2.05%
EPS 2 23.76 -316.7 -115.2 59.82 12.62 67.47 -5.820 58.63 58.71 -12.14
Dividend per Share - - - - - - - - - -
Announcement Date 11/14/19 11/12/20 11/11/21 2/10/22 8/12/22 11/10/22 2/9/23 8/10/23 11/9/23 2/8/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 12,970 679 -
Net Cash position 1 18,582 22,356 11,270 - - 5,132
Leverage (Debt/EBITDA) - - - -3.058 x 0.3828 x -
Free Cash Flow 1 3,985 5,991 -9,454 -24,816 10,658 5,143
ROE (net income / shareholders' equity) 9.36% 11.9% 2.04% -168% -47.7% 39.5%
ROA (Net income/ Total Assets) 1.56% 1.46% 1.14% -6.99% -0.89% 0.74%
Assets 1 45,271 56,059 10,627 95,309 126,494 192,438
Book Value Per Share 2 519.0 475.0 437.0 127.0 184.0 285.0
Cash Flow per Share 2 1,329 1,840 1,754 1,039 1,597 1,726
Capex 1 973 2,992 6,137 2,120 148 1,281
Capex / Sales 0.6% 1.66% 3.76% 3.15% 0.57% 3.91%
Announcement Date 6/18/18 6/17/19 6/25/20 6/21/21 6/20/22 6/19/23
1JPY in Million2JPY
Estimates
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