Financials SIGMAXYZ Holdings Inc.

Equities

6088

JP3348950001

Business Support Services

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-05-17 am EDT			5-day change	1st Jan Change
1,439 ^JPY	0.00%		-6.86%	-0.76%

Apr. 01	Tranche Update on SIGMAXYZ Holdings Inc.'s Equity Buyback Plan announced on February 6, 2024.	CI
Mar. 28	Syuppin Sells 1.97% Stake to SIGMAXYZ for 500 Million Yen in Business Alliance Deal	MT

Valuation

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	20,091	23,737	35,148	48,591	46,946	60,556	-	-
Enterprise Value (EV) ¹	18,294	21,078	31,783	39,062	37,687	73,807	47,514	44,775
P/E ratio	22.2 x	17.1 x	29.4 x	29.1 x	21.7 x	22.8 x	16.3 x	12.5 x
Yield	1.73%	1.77%	1.18%	1.13%	1.41%	1.54%	2.22%	2.83%
Capitalization / Revenue	1.51 x	1.48 x	2.51 x	3.1 x	2.71 x	3.29 x	2.36 x	2.09 x
EV / Revenue	1.37 x	1.32 x	2.27 x	2.5 x	2.17 x	3.29 x	1.85 x	1.54 x
EV / EBITDA	-	-	-	13.2 x	10.9 x	11.2 x	8.34 x	6.35 x
EV / FCF	22.1 x	9.5 x	19.9 x	16.7 x	18.1 x	69.9 x	14.9 x	13.3 x
FCF Yield	4.53%	10.5%	5.02%	5.99%	5.52%	1.43%	6.7%	7.55%
Price to Book	4.39 x	4.71 x	6.47 x	4.74 x	4.34 x	5.6 x	3.86 x	3.34 x
Nbr of stocks (in thousands)	38,674	38,194	37,753	42,179	41,399	42,082	-	-
Reference price ²	519.5	621.5	931.0	1,152	1,134	1,439	1,439	1,439
Announcement Date	5/7/19	5/7/20	4/22/21	5/9/22	5/9/23	5/8/24	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	13,329	16,003	14,024	15,654	17,334	22,410	25,649	29,032
EBITDA ¹	-	-	-	2,950	3,453	4,433	5,700	7,050
EBIT ¹	1,269	2,211	1,747	2,759	3,235	4,232	5,315	6,875
Operating Margin	9.52%	13.82%	12.46%	17.62%	18.66%	18.88%	20.72%	23.68%
Earnings before Tax (EBT) ¹	1,308	2,176	1,945	2,753	3,263	4,338	5,363	6,923
Net income ¹	909	1,407	1,210	1,664	2,204	3,232	3,742	4,866
Net margin	6.82%	8.79%	8.63%	10.63%	12.71%	14.42%	14.59%	16.76%
EPS ²	23.42	36.44	31.66	39.63	52.32	76.62	88.38	115.1
Free Cash Flow ¹	828	2,218	1,595	2,340	2,081	712	3,185	3,379
FCF margin	6.21%	13.86%	11.37%	14.95%	12%	3.23%	12.42%	11.64%
FCF Conversion (EBITDA)	-	-	-	79.32%	60.26%	16.06%	55.88%	47.93%
FCF Conversion (Net income)	91.09%	157.64%	131.82%	140.62%	94.41%	22.32%	85.1%	69.44%
Dividend per Share ²	9.000	11.00	11.00	13.00	16.00	27.00	32.00	40.67
Announcement Date	5/7/19	5/7/20	4/22/21	5/9/22	5/9/23	5/8/24	-	-

¹JPY in Million²JPY

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March	2020 S1	2021 S1	2022 S1	2022 Q3	2022 Q4	2023 Q1	2023 S1	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 S1	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 S1	2025 Q3	2025 Q4
Net sales ¹	7,774	6,747	7,274	4,029	4,351	3,871	8,028	4,336	4,970	5,045	5,594	10,639	5,739	6,032	5,750	6,650	12,400	6,800	6,800
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	981	612	1,112	972	675	631	1,482	762	991	1,075	941	2,016	1,283	933	1,200	1,350	2,550	1,600	1,350
Operating Margin	12.62%	9.07%	15.29%	24.13%	15.51%	16.3%	18.46%	17.57%	19.94%	21.31%	16.82%	18.95%	22.36%	15.47%	20.87%	20.3%	20.56%	23.53%	19.85%
Earnings before Tax (EBT) ¹	999	777	1,102	978	-	644	1,532	741	990	1,085	1,002	2,087	1,284	967	1,200	1,350	2,550	1,600	1,350
Net income ¹	616	366	592	677	395	392	929	413	862	930	614	1,544	835	853	852	958	1,810	1,136	953
Net margin	7.92%	5.42%	8.14%	16.8%	9.08%	10.13%	11.57%	9.52%	17.34%	18.43%	10.98%	14.51%	14.55%	14.14%	14.82%	14.41%	14.6%	16.71%	14.01%
EPS	15.92	9.545	14.28	16.04	-	9.230	21.90	9.810	-	22.22	-	36.74	19.69	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	11/5/19	11/4/20	11/4/21	2/7/22	5/9/22	8/3/22	11/4/22	2/6/23	5/9/23	8/3/23	11/2/23	11/2/23	2/6/24	5/8/24	-	-	-	-	-

¹JPY in Million

Estimates

Balance Sheet Analysis

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	1,797	2,659	3,365	9,529	9,260	10,806	13,042	15,781
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	828	2,218	1,595	2,340	2,081	712	3,185	3,379
ROE (net income / shareholders' equity)	21.5%	29.3%	23%	21.1%	20.8%	26.9%	27%	29.3%
ROA (Net income/ Total Assets)	20.8%	26%	18%	22.2%	22.4%	26.5%	28%	25.6%
Assets ¹	4,360	5,418	6,717	7,507	9,828	12,202	13,366	18,983
Book Value Per Share ²	118.0	132.0	144.0	243.0	262.0	312.0	373.0	431.0
Cash Flow per Share	27.00	42.50	37.60	44.20	49.50	81.40	-	-
Capex ¹	112	117	3	129	75.9	177	200	205
Capex / Sales	0.84%	0.73%	0.02%	0.83%	0.44%	0.8%	0.78%	0.7%
Announcement Date	5/7/19	5/7/20	4/22/21	5/9/22	5/9/23	5/8/24	-	-

¹JPY in Million²JPY

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for SIGMAXYZ Holdings Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1,439 JPY

Average target price

2,507 JPY

Spread / Average Target

+74.20%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Management Consulting Services