Financials PRAP Japan, Inc.

Equities

2449

JP3833050002

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Market Closed - Japan Exchange 02:00:00 2024-05-02 am EDT 5-day change 1st Jan Change
1,022 JPY +0.59% Intraday chart for PRAP Japan, Inc. +1.69% -1.73%

Valuation

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Capitalization 1 6,258 5,902 5,435 5,256 4,475 4,689
Enterprise Value (EV) 1 2,996 2,200 1,641 2,181 978.4 473.2
P/E ratio 11.6 x 14.5 x 31.2 x 38.2 x 26.6 x 10.7 x
Yield 2.36% 2.64% 2.87% 3.01% 3.84% 3.74%
Capitalization / Revenue 0.92 x 0.97 x 1.14 x 0.64 x 0.71 x 0.71 x
EV / Revenue 0.44 x 0.36 x 0.34 x 0.27 x 0.16 x 0.07 x
EV / EBITDA 3.19 x 3.05 x 5.99 x 4.96 x 1.63 x 0.52 x
EV / FCF 7.99 x 3.45 x 5.31 x 8.49 x 3.23 x 0.75 x
FCF Yield 12.5% 29% 18.8% 11.8% 30.9% 133%
Price to Book 1.56 x 1.38 x 1.27 x 1.25 x 0.96 x 0.93 x
Nbr of stocks (in thousands) 3,996 3,996 3,996 3,961 4,295 4,382
Reference price 2 1,566 1,477 1,360 1,327 1,042 1,070
Announcement Date 11/29/18 11/28/19 11/26/20 11/24/21 11/29/22 11/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Net sales 1 6,818 6,115 4,759 8,211 6,274 6,635
EBITDA 1 940 722 274 440 601 915
EBIT 1 910 691 243 315 441 730
Operating Margin 13.35% 11.3% 5.11% 3.84% 7.03% 11%
Earnings before Tax (EBT) 1 910 693 241 324 313 746
Net income 1 538 406 174 140 157 436
Net margin 7.89% 6.64% 3.66% 1.71% 2.5% 6.57%
EPS 2 134.6 101.6 43.54 34.77 39.22 99.79
Free Cash Flow 1 374.8 637.9 308.9 256.9 302.6 631.2
FCF margin 5.5% 10.43% 6.49% 3.13% 4.82% 9.51%
FCF Conversion (EBITDA) 39.87% 88.35% 112.73% 58.38% 50.35% 68.99%
FCF Conversion (Net income) 69.66% 157.11% 177.51% 183.48% 192.75% 144.78%
Dividend per Share 2 37.00 39.00 39.00 40.00 40.00 40.00
Announcement Date 11/29/18 11/28/19 11/26/20 11/24/21 11/29/22 11/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: August 2020 S1 2021 S1 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1
Net sales 1 2,644 3,956 1,302 3,133 1,650 1,606 3,423 1,586 1,476 3,383
EBITDA - - - - - - - - - -
EBIT 1 209 164 49 201 117 169 387 210 109 242
Operating Margin 7.9% 4.15% 3.76% 6.42% 7.09% 10.52% 11.31% 13.24% 7.38% 7.15%
Earnings before Tax (EBT) 1 202 174 48 202 16 171 391 220 110 247
Net income 1 142 61 7 101 -11 97 242 128 25 109
Net margin 5.37% 1.54% 0.54% 3.22% -0.67% 6.04% 7.07% 8.07% 1.69% 3.22%
EPS 2 35.77 15.44 1.990 25.64 -2.920 22.47 55.63 29.18 5.920 24.97
Dividend per Share - - - - - - - - - -
Announcement Date 4/14/20 4/14/21 1/14/22 4/14/22 7/14/22 1/13/23 4/14/23 7/14/23 1/12/24 4/12/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: August 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 3,262 3,702 3,794 3,075 3,497 4,216
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 375 638 309 257 303 631
ROE (net income / shareholders' equity) 16.5% 11.3% 3.42% 3.97% 4.02% 9.5%
ROA (Net income/ Total Assets) 10.7% 7.87% 2.87% 3.54% 4.48% 6.88%
Assets 1 5,051 5,161 6,056 3,955 3,507 6,335
Book Value Per Share 2 1,007 1,067 1,071 1,065 1,080 1,145
Cash Flow per Share 2 810.0 926.0 955.0 781.0 810.0 942.0
Capex 1 20 9 15 15 140 46
Capex / Sales 0.29% 0.15% 0.32% 0.18% 2.23% 0.69%
Announcement Date 11/29/18 11/28/19 11/26/20 11/24/21 11/29/22 11/29/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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