UNITED ARROWS LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,813 JPY | +0.44% |
|
+1.06% | -3.97% |
| Apr. 02 | United Arrows Ltd. Reports Sales Results for the Month and Year to Date Ended March 2024 | CI |
| Mar. 29 | United Arrows Ltd. Announces Management Changes | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 109,387 | 46,110 | 60,093 | 51,890 | 54,682 | 50,032 | - | - |
| Enterprise Value (EV) 1 | 106,884 | 44,708 | 69,089 | 54,097 | 48,624 | 44,713 | 44,409 | 43,815 |
| P/E ratio | 17 x | 13.1 x | -8.33 x | 70.8 x | 12.6 x | 11.2 x | 10.2 x | 9.65 x |
| Yield | 2.08% | 5.11% | - | 1.04% | 2.45% | 3.08% | 3.21% | 3.4% |
| Capitalization / Revenue | 0.69 x | 0.29 x | 0.49 x | 0.44 x | 0.42 x | 0.37 x | 0.35 x | 0.34 x |
| EV / Revenue | 0.67 x | 0.28 x | 0.57 x | 0.46 x | 0.37 x | 0.33 x | 0.31 x | 0.3 x |
| EV / EBITDA | 7.98 x | 3.87 x | -16.8 x | 15.3 x | 6.13 x | 5.89 x | 5.08 x | 4.9 x |
| EV / FCF | 33.3 x | 24.3 x | -8.27 x | 7.61 x | 5.4 x | 149 x | 13.9 x | 11.8 x |
| FCF Yield | 3.01% | 4.12% | -12.1% | 13.1% | 18.5% | 0.67% | 7.21% | 8.44% |
| Price to Book | 2.89 x | 1.19 x | 2.01 x | 1.73 x | 1.62 x | 1.42 x | 1.31 x | 1.22 x |
| Nbr of stocks (in thousands) | 28,375 | 28,375 | 28,534 | 28,495 | 28,495 | 27,596 | - | - |
| Reference price 2 | 3,855 | 1,625 | 2,106 | 1,821 | 1,919 | 1,813 | 1,813 | 1,813 |
| Announcement Date | 5/9/19 | 5/8/20 | 5/10/21 | 5/11/22 | 5/10/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 158,918 | 157,412 | 121,712 | 118,384 | 130,135 | 135,265 | 141,190 | 146,572 |
| EBITDA 1 | 13,389 | 11,553 | -4,110 | 3,537 | 7,934 | 7,591 | 8,736 | 8,950 |
| EBIT 1 | 11,063 | 8,758 | -6,613 | 1,683 | 6,362 | 6,580 | 7,460 | 7,838 |
| Operating Margin | 6.96% | 5.56% | -5.43% | 1.42% | 4.89% | 4.86% | 5.28% | 5.35% |
| Earnings before Tax (EBT) 1 | 10,723 | 6,221 | -7,519 | 1,759 | 6,548 | 6,587 | 7,422 | 7,697 |
| Net income 1 | 6,417 | 3,522 | -7,197 | 732 | 4,341 | 4,503 | 4,948 | 5,220 |
| Net margin | 4.04% | 2.24% | -5.91% | 0.62% | 3.34% | 3.33% | 3.5% | 3.56% |
| EPS 2 | 226.2 | 124.2 | -252.7 | 25.71 | 152.4 | 162.0 | 178.3 | 188.0 |
| Free Cash Flow 1 | 3,214 | 1,843 | -8,356 | 7,106 | 9,003 | 300 | 3,200 | 3,700 |
| FCF margin | 2.02% | 1.17% | -6.87% | 6% | 6.92% | 0.22% | 2.27% | 2.52% |
| FCF Conversion (EBITDA) | 24% | 15.95% | - | 200.9% | 113.47% | 3.95% | 36.63% | 41.34% |
| FCF Conversion (Net income) | 50.09% | 52.33% | - | 970.77% | 207.39% | 6.66% | 64.68% | 70.87% |
| Dividend per Share 2 | 80.00 | 83.00 | - | 19.00 | 47.00 | 55.83 | 58.17 | 61.60 |
| Announcement Date | 5/9/19 | 5/8/20 | 5/10/21 | 5/11/22 | 5/10/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2021 S1 | 2021 S2 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 74,576 | 53,259 | - | 25,173 | 50,437 | 36,467 | 31,480 | - | 29,664 | 27,789 | 57,453 | 38,640 | 34,042 | 32,155 | 28,859 | 61,014 | 38,690 | 35,231 | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 3,903 | -6,840 | 227 | -1,745 | -2,648 | 4,485 | -154 | 4,331 | 1,853 | -468 | 1,385 | 5,002 | -25 | 2,502 | -727 | 1,775 | 4,042 | 691.5 | - | - | - | - |
| Operating Margin | 5.23% | -12.84% | - | -6.93% | -5.25% | 12.3% | -0.49% | - | 6.25% | -1.68% | 2.41% | 12.95% | -0.07% | 7.78% | -2.52% | 2.91% | 10.45% | 1.96% | - | - | - | - |
| Earnings before Tax (EBT) | 3,507 | -6,597 | - | - | -2,681 | 4,901 | - | - | 2,037 | - | 1,595 | 4,837 | - | 2,731 | - | 2,115 | 4,073 | - | - | - | - | - |
| Net income 1 | 1,942 | -5,097 | - | -1,346 | -1,994 | 3,290 | -564 | - | 1,323 | -249 | 1,074 | 3,266 | 1 | 1,798 | -372 | 1,426 | 2,827 | 235 | - | - | - | - |
| Net margin | 2.6% | -9.57% | - | -5.35% | -3.95% | 9.02% | -1.79% | - | 4.46% | -0.9% | 1.87% | 8.45% | 0% | 5.59% | -1.29% | 2.34% | 7.31% | 0.67% | - | - | - | - |
| EPS 2 | 68.47 | -179.4 | - | -47.27 | -69.99 | 115.5 | -19.76 | - | 46.45 | -8.740 | 37.71 | 114.6 | 0.0500 | 63.48 | -12.53 | 50.95 | 101.7 | 14.85 | - | - | - | - |
| Dividend per Share 2 | 22.00 | - | - | 7.000 | 7.000 | - | 12.00 | - | - | 12.00 | 12.00 | - | 35.00 | - | 17.00 | 17.00 | - | 38.00 | - | 17.00 | - | 38.00 |
| Announcement Date | 11/6/19 | 11/5/20 | 5/10/21 | 11/5/21 | 11/5/21 | 2/4/22 | 5/11/22 | 5/11/22 | 8/4/22 | 11/7/22 | 11/7/22 | 2/6/23 | 5/10/23 | 8/7/23 | 11/8/23 | 11/8/23 | 2/7/24 | - | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 8,996 | 2,207 | - | - | - | - |
| Net Cash position 1 | 2,503 | 1,402 | - | - | 6,058 | 5,319 | 5,623 | 6,216 |
| Leverage (Debt/EBITDA) | - | - | -2.189 x | 0.624 x | - | - | - | - |
| Free Cash Flow 1 | 3,214 | 1,843 | -8,356 | 7,106 | 9,003 | 300 | 3,200 | 3,700 |
| ROE (net income / shareholders' equity) | 18% | 9.2% | -21% | 2.4% | 13.6% | 13.2% | 13.6% | 12.9% |
| ROA (Net income/ Total Assets) | 16.4% | 12.5% | -7.3% | 4.58% | 11.4% | 6.92% | 7.76% | 7.55% |
| Assets 1 | 39,098 | 28,155 | 98,576 | 15,966 | 38,027 | 65,089 | 63,746 | 69,163 |
| Book Value Per Share 2 | 1,333 | 1,362 | 1,046 | 1,055 | 1,183 | 1,278 | 1,381 | 1,489 |
| Cash Flow per Share | 315.0 | 223.0 | -165.0 | 90.70 | 218.0 | - | - | - |
| Capex 1 | 3,548 | 3,371 | 2,765 | 3,371 | 2,011 | 3,033 | 3,333 | 3,333 |
| Capex / Sales | 2.23% | 2.14% | 2.27% | 2.85% | 1.55% | 2.24% | 2.36% | 2.27% |
| Announcement Date | 5/9/19 | 5/8/20 | 5/10/21 | 5/11/22 | 5/10/23 | - | - | - |
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
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
1,813
JPY
Average target price
2,162
JPY
Spread / Average Target
+19.25%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -3.97% | 318M | |
| +8.77% | 511M | |
| -23.41% | 195M | |
| +60.70% | 193M | |
| -0.90% | 59M |
- Stock Market
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- Financials United Arrows Ltd.
