Financials SAN Holdings, Inc.

Equities

9628

JP3286300003

Personal Services

Delayed Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
1,084 JPY +1.59% Intraday chart for SAN Holdings, Inc. +2.94% -2.34%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 14,496 13,990 13,183 12,235 16,771 23,464
Enterprise Value (EV) 1 11,260 9,794 7,298 5,637 9,682 14,540
P/E ratio 9.22 x 6.62 x 7.2 x 7.83 x 8.35 x 8.48 x
Yield 1.94% 2.29% 2.6% 2.99% 2.43% 1.97%
Capitalization / Revenue 0.72 x 0.67 x 0.62 x 0.65 x 0.84 x 1.08 x
EV / Revenue 0.56 x 0.47 x 0.34 x 0.3 x 0.48 x 0.67 x
EV / EBITDA 3.21 x 2.61 x 1.85 x 1.63 x 2.28 x 3.06 x
EV / FCF 4.66 x 6.86 x 3.08 x 5.84 x 6.2 x 6.4 x
FCF Yield 21.4% 14.6% 32.5% 17.1% 16.1% 15.6%
Price to Book 0.6 x 0.54 x 0.48 x 0.43 x 0.56 x 0.74 x
Nbr of stocks (in thousands) 22,465 22,465 22,100 22,146 21,419 20,988
Reference price 2 645.2 622.8 596.5 552.5 783.0 1,118
Announcement Date 6/27/18 6/26/19 6/25/20 6/28/21 6/27/22 6/28/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 20,070 20,766 21,281 18,865 20,001 21,663
EBITDA 1 3,508 3,748 3,947 3,461 4,245 4,752
EBIT 1 2,658 2,940 3,092 2,550 3,377 3,870
Operating Margin 13.24% 14.16% 14.53% 13.52% 16.88% 17.86%
Earnings before Tax (EBT) 1 2,464 3,018 2,885 2,450 3,172 4,126
Net income 1 1,573 2,112 1,856 1,562 2,040 2,783
Net margin 7.84% 10.17% 8.72% 8.28% 10.2% 12.85%
EPS 2 70.02 94.01 82.88 70.59 93.79 131.9
Free Cash Flow 1 2,414 1,428 2,368 965.8 1,561 2,273
FCF margin 12.03% 6.88% 11.13% 5.12% 7.8% 10.49%
FCF Conversion (EBITDA) 68.81% 38.1% 60% 27.9% 36.76% 47.83%
FCF Conversion (Net income) 153.46% 67.61% 127.6% 61.83% 76.5% 81.67%
Dividend per Share 2 12.50 14.25 15.50 16.50 19.00 22.00
Announcement Date 6/27/18 6/26/19 6/25/20 6/28/21 6/27/22 6/28/23
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 10,375 8,604 9,512 5,160 4,856 10,083 5,625 5,081 10,407 5,711
EBITDA - - - - - - - - - -
EBIT 1 1,487 775 1,604 971 838 1,782 1,187 761 1,671 898
Operating Margin 14.33% 9.01% 16.86% 18.82% 17.26% 17.67% 21.1% 14.98% 16.06% 15.72%
Earnings before Tax (EBT) 1 1,505 760 1,599 956 824 1,761 1,174 765 1,671 887
Net income 1 979 478 1,038 623 526 1,218 716 497 1,085 565
Net margin 9.44% 5.56% 10.91% 12.07% 10.83% 12.08% 12.73% 9.78% 10.43% 9.89%
EPS 2 43.57 21.62 47.29 28.72 24.70 57.48 34.05 23.90 104.6 27.32
Dividend per Share 7.500 8.000 8.500 - - 10.50 - - 23.00 -
Announcement Date 11/7/19 11/12/20 11/11/21 2/8/22 8/5/22 11/11/22 2/13/23 8/8/23 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 - - - - - -
Net Cash position 1 3,236 4,196 5,885 6,598 7,089 8,924
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 2,414 1,428 2,368 966 1,561 2,273
ROE (net income / shareholders' equity) 6.67% 8.39% 6.95% 5.59% 7.01% 9.09%
ROA (Net income/ Total Assets) 5.72% 5.98% 6.12% 4.96% 6.37% 6.9%
Assets 1 27,517 35,337 30,349 31,491 32,009 40,315
Book Value Per Share 2 1,080 1,160 1,236 1,289 1,389 1,508
Cash Flow per Share 2 213.0 250.0 291.0 318.0 349.0 439.0
Capex 1 941 1,202 792 881 1,349 780
Capex / Sales 4.69% 5.79% 3.72% 4.67% 6.74% 3.6%
Announcement Date 6/27/18 6/26/19 6/25/20 6/28/21 6/27/22 6/28/23
1JPY in Million2JPY
Estimates
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