Financials Pole To Win Holdings, Inc.

Equities

3657

JP3855950006

IT Services & Consulting

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-26 am EDT			5-day change	1st Jan Change
492 ^JPY	+1.23%		+5.35%	+1.86%

Apr. 03	Pole To Win Holdings Swings to Loss in Fiscal Year Ended January	MT
Mar. 26	Pole To Win Holdings, Inc. Provides Consolidated Earnings Guidance for the Six Months Ending July 31, 2024 and for the Year Ending January 31, 2025	CI

Valuation

Fiscal Period: January	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	32,889	34,669	43,948	35,449	32,629	17,397	-	-
Enterprise Value (EV) ¹	23,544	24,212	32,835	26,013	25,307	17,786	17,397	17,397
P/E ratio	17.4 x	19.4 x	20.7 x	15.8 x	41.2 x	-9.22 x	351 x	43.5 x
Yield	1.27%	1.31%	1.12%	1.49%	1.72%	3.18%	3.25%	3.25%
Capitalization / Revenue	1.38 x	1.33 x	1.64 x	1.03 x	0.82 x	0.38 x	0.33 x	0.32 x
EV / Revenue	1.38 x	1.33 x	1.64 x	1.03 x	0.82 x	0.38 x	0.33 x	0.32 x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / FCF	16.9 x	17.4 x	30.2 x	27.8 x	52.4 x	19.1 x	-91.1 x	87 x
FCF Yield	5.92%	5.73%	3.31%	3.59%	1.91%	5.22%	-1.1%	1.15%
Price to Book	2.59 x	2.44 x	2.8 x	2.01 x	1.84 x	1.32 x	-	-
Nbr of stocks (in thousands)	37,846	37,848	37,886	37,832	37,419	35,360	-	-
Reference price ²	869.0	916.0	1,160	937.0	872.0	492.0	492.0	492.0
Announcement Date	3/11/19	3/12/20	3/15/21	3/14/22	3/14/23	3/12/24	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: January	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	23,763	26,120	26,729	34,252	39,929	46,980	52,000	55,000
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	3,162	3,531	3,217	3,305	2,724	404	1,200	1,500
Operating Margin	13.31%	13.52%	12.04%	9.65%	6.82%	0.86%	2.31%	2.73%
Earnings before Tax (EBT)	2,822	2,798	3,463	3,241	1,995	-1,155	-	-
Net income ¹	1,839	1,787	2,119	2,241	795	-1,967	50	400
Net margin	7.74%	6.84%	7.93%	6.54%	1.99%	-4.19%	0.1%	0.73%
EPS ²	49.97	47.24	55.99	59.16	21.18	-54.57	1.400	11.30
Free Cash Flow ¹	1,948	1,987	1,456	1,273	623	909	-191	200
FCF margin	8.2%	7.61%	5.45%	3.72%	1.56%	1.97%	-0.37%	0.36%
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	105.93%	111.19%	68.71%	56.8%	78.36%	-	-	50%
Dividend per Share ²	11.00	12.00	13.00	14.00	15.00	16.00	16.00	16.00
Announcement Date	3/11/19	3/12/20	3/15/21	3/14/22	3/14/23	3/12/24	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: January	2020 S1	2020 S2	2021 S1	2021 S2	2022 Q2	2022 S1	2022 Q3	2022 Q4	2022 S2	2023 Q1	2023 Q2	2023 S1	2023 Q3	2023 Q4	2023 S2	2024 Q1	2024 Q2	2024 S1	2024 Q3	2024 Q4	2024 S2	2025 Q1	2025 Q2	2025 S1	2025 Q3	2025 Q4	2025 S2
Net sales ¹	12,402	13,718	12,399	14,330	7,469	15,484	8,850	9,918	18,768	9,610	10,051	19,661	10,465	9,803	20,268	10,948	11,392	22,340	11,920	12,720	24,640	11,500	12,500	24,000	13,500	14,500	28,000
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	1,612	1,919	1,276	1,941	682	1,512	910	883	1,793	710	641	1,351	665	708	1,373	294	197	491	186	-165	21	-100	-50	-150	550	800	1,350
Operating Margin	13%	13.99%	10.29%	13.55%	9.13%	9.76%	10.28%	8.9%	9.55%	7.39%	6.38%	6.87%	6.35%	7.22%	6.77%	2.69%	1.73%	2.2%	1.56%	-1.3%	0.09%	-0.87%	-0.4%	-0.62%	4.07%	5.52%	4.82%
Earnings before Tax (EBT)	1,542	-	1,474	-	-	1,507	811	-	-	861	-	1,013	707	-	-	328	-	130	212	-	-	-	-	-	-	-	-
Net income ¹	954	833	903	1,216	378	908	716	617	1,333	380	-219	161	379	255	634	95	-449	-354	63	-1,521	-1,458	-100	-50	-150	100	100	200
Net margin	7.69%	6.07%	7.28%	8.49%	5.06%	5.86%	8.09%	6.22%	7.1%	3.95%	-2.18%	0.82%	3.62%	2.6%	3.13%	0.87%	-3.94%	-1.58%	0.53%	-11.96%	-5.92%	-0.87%	-0.4%	-0.62%	0.74%	0.69%	0.71%
EPS	25.23	-	23.88	-	-	23.97	18.90	-	-	10.10	-	4.300	10.08	-	-	2.570	-	-9.640	1.620	-	-	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	9/6/19	3/12/20	9/4/20	3/15/21	9/3/21	9/3/21	12/3/21	3/14/22	3/14/22	6/10/22	9/9/22	9/9/22	12/9/22	3/14/23	3/14/23	6/9/23	9/14/23	9/14/23	12/12/23	3/12/24	3/12/24	-	-	-	-	-	-

¹JPY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: January	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	9,345	10,457	11,113	9,436	7,322	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	1,948	1,987	1,456	1,273	623	909	-191	200
ROE (net income / shareholders' equity)	16.9%	13.3%	14.2%	13.5%	4.5%	-12.6%	-	-
ROA (Net income/ Total Assets)	22.1%	20.9%	18.8%	15.9%	10.8%	2.37%	-	-
Assets ¹	8,304	8,568	11,244	14,137	7,353	-82,928	-	-
Book Value Per Share	336.0	376.0	414.0	467.0	474.0	380.0	-	-
Cash Flow per Share	60.50	56.40	65.50	72.20	38.10	-30.10	-	-
Capex ¹	398	415	584	694	1,297	383	385	380
Capex / Sales	1.67%	1.59%	2.18%	2.03%	3.25%	0.83%	0.74%	0.69%
Announcement Date	3/11/19	3/12/20	3/15/21	3/14/22	3/14/23	3/12/24	-	-

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

Ratings for Pole To Win Holdings, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

492 JPY

Average target price

430 JPY

Spread / Average Target

-12.60%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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