Financials Star Mica Holdings Co., Ltd.

Equities

2975

JP3399340003

Real Estate Development & Operations

Market Closed - Japan Exchange 02:00:00 2024-05-17 am EDT 5-day change 1st Jan Change
629 JPY 0.00% Intraday chart for Star Mica Holdings Co., Ltd. -2.18% -0.79%

Valuation

Fiscal Period: November 2018 2019 2020 2021 2022 2023
Capitalization 1 32,538 32,830 25,155 22,948 23,958 20,311
Enterprise Value (EV) 1 72,517 83,548 72,174 76,262 86,042 85,219
P/E ratio 15.7 x 16.9 x 15.1 x 9.74 x 6.73 x 7.69 x
Yield 3.59% 1.78% 2.32% 2.66% 2.72% 3.29%
Capitalization / Revenue 1.07 x 1.02 x 0.64 x 0.62 x 0.5 x 0.42 x
EV / Revenue 2.39 x 2.6 x 1.82 x 2.07 x 1.78 x 1.74 x
EV / EBITDA 18.6 x 22.9 x 21.6 x 17.5 x 14 x 17.4 x
EV / FCF -7.75 x -7.15 x 16.2 x -14.5 x -18.4 x -44.6 x
FCF Yield -12.9% -14% 6.18% -6.89% -5.44% -2.24%
Price to Book 0.95 x 1.77 x 1.28 x 1.08 x 1.13 x 0.87 x
Nbr of stocks (in thousands) 18,229 36,457 36,457 37,043 33,461 33,462
Reference price 2 892.5 900.5 690.0 619.5 716.0 607.0
Announcement Date 2/27/19 2/27/20 2/25/21 2/25/22 2/24/23 2/26/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: November 2018 2019 2020 2021 2022 2023
Net sales 1 30,281 32,164 39,568 36,897 48,211 48,877
EBITDA 1 3,906 3,652 3,344 4,365 6,147 4,905
EBIT 1 3,839 3,627 3,282 4,287 6,098 4,846
Operating Margin 12.68% 11.28% 8.29% 11.62% 12.65% 9.91%
Earnings before Tax (EBT) 1 3,244 2,925 2,496 3,534 5,418 3,921
Net income 1 2,154 2,023 1,729 2,402 3,709 2,664
Net margin 7.11% 6.29% 4.37% 6.51% 7.69% 5.45%
EPS 2 56.70 53.30 45.60 63.58 106.3 78.92
Free Cash Flow 1 -9,356 -11,689 4,459 -5,254 -4,684 -1,909
FCF margin -30.9% -36.34% 11.27% -14.24% -9.71% -3.91%
FCF Conversion (EBITDA) - - 133.34% - - -
FCF Conversion (Net income) - - 257.89% - - -
Dividend per Share 2 32.00 16.00 16.00 16.50 19.50 20.00
Announcement Date 2/27/19 2/27/20 2/25/21 2/25/22 2/24/23 2/26/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: November 2019 S2 2020 S1 2021 S1 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1
Net sales 1 14,814 17,173 21,632 12,312 27,601 9,716 11,061 24,885 12,222 11,083
EBITDA - - - - - - - - - -
EBIT 1 1,537 1,644 2,237 2,098 3,773 1,355 1,359 2,805 1,257 1,236
Operating Margin 10.38% 9.57% 10.34% 17.04% 13.67% 13.95% 12.29% 11.27% 10.28% 11.15%
Earnings before Tax (EBT) 1 1,195 1,248 1,913 1,957 3,453 1,139 1,148 2,305 1,054 1,002
Net income 1 823 876 1,336 1,345 2,383 790 796 1,594 732 701
Net margin 5.56% 5.1% 6.18% 10.92% 8.63% 8.13% 7.2% 6.41% 5.99% 6.33%
EPS 2 - 24.05 36.51 36.60 66.66 24.07 23.83 47.61 21.88 21.09
Dividend per Share - 8.000 6.500 - 9.500 - - 10.00 - -
Announcement Date 1/10/20 6/30/20 6/30/21 3/31/22 6/30/22 9/30/22 3/31/23 6/30/23 9/29/23 3/29/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: November 2018 2019 2020 2021 2022 2023
Net Debt 1 39,979 50,718 47,019 53,314 62,084 64,908
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 10.24 x 13.89 x 14.06 x 12.21 x 10.1 x 13.23 x
Free Cash Flow 1 -9,356 -11,689 4,459 -5,254 -4,684 -1,909
ROE (net income / shareholders' equity) 13.2% 11.3% 9.03% 11.7% 17.4% 12%
ROA (Net income/ Total Assets) 4.06% 3.25% 2.68% 3.4% 4.45% 3.27%
Assets 1 53,065 62,319 64,433 70,643 83,315 81,520
Book Value Per Share 2 942.0 509.0 541.0 575.0 636.0 695.0
Cash Flow per Share 2 224.0 119.0 203.0 84.20 92.90 126.0
Capex 1 20 14 3 5 35 2
Capex / Sales 0.07% 0.04% 0.01% 0.01% 0.07% 0%
Announcement Date 2/27/19 2/27/20 2/25/21 2/25/22 2/24/23 2/26/24
1JPY in Million2JPY
Estimates
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