Financials UNITED, Inc.

Equities

2497

JP3758130003

Investment Management & Fund Operators

Delayed Japan Exchange 09:52:06 2024-04-30 pm EDT 5-day change 1st Jan Change
833 JPY -0.24% Intraday chart for UNITED, Inc. -1.19% -7.44%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 99,003 34,941 17,946 30,435 37,575 24,305
Enterprise Value (EV) 1 93,537 26,740 10,139 16,939 25,654 11,136
P/E ratio 117 x 5 x 12.9 x 8.29 x 10.3 x 6.12 x
Yield 0.16% 4.02% 1.62% 2.44% 1.99% 3.36%
Capitalization / Revenue 6.85 x 1.27 x 0.86 x 1.86 x 2.96 x 1.85 x
EV / Revenue 6.48 x 0.97 x 0.48 x 1.04 x 2.02 x 0.85 x
EV / EBITDA 45.6 x 2.24 x 1.65 x 2.87 x 4.32 x 1.81 x
EV / FCF 76.1 x -1 x 0.55 x -4.2 x 1.87 x 0.99 x
FCF Yield 1.31% -99.6% 181% -23.8% 53.4% 101%
Price to Book 9.74 x 0.87 x 0.68 x 0.84 x 1.24 x 0.94 x
Nbr of stocks (in thousands) 45,994 46,065 44,698 43,698 40,338 37,977
Reference price 2 2,152 758.5 401.5 696.5 931.5 640.0
Announcement Date 6/21/18 6/24/19 6/19/20 6/21/21 6/17/22 6/19/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 14,444 27,580 20,911 16,338 12,714 13,140
EBITDA 1 2,051 11,958 6,137 5,905 5,935 6,153
EBIT 1 1,648 11,084 5,101 5,607 5,738 5,824
Operating Margin 11.41% 40.19% 24.39% 34.32% 45.13% 44.32%
Earnings before Tax (EBT) 1 1,621 10,348 1,558 5,488 5,810 6,167
Net income 1 849 7,008 1,403 3,728 3,825 4,139
Net margin 5.88% 25.41% 6.71% 22.82% 30.08% 31.5%
EPS 2 18.37 151.6 31.21 84.03 90.52 104.6
Free Cash Flow 1 1,229 -26,622 18,384 -4,038 13,700 11,206
FCF margin 8.51% -96.53% 87.91% -24.71% 107.76% 85.28%
FCF Conversion (EBITDA) 59.94% - 299.55% - 230.83% 182.12%
FCF Conversion (Net income) 144.8% - 1,310.31% - 358.17% 270.74%
Dividend per Share 2 3.500 30.50 6.500 17.00 18.50 21.50
Announcement Date 6/21/18 6/24/19 6/19/20 6/21/21 6/17/22 6/19/23
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 11,305 11,008 8,100 2,686 4,776 6,637 3,538 7,224 9,170 1,616
EBITDA - - - - - - - - - -
EBIT 1 2,628 5,465 4,559 1,053 3,125 3,136 1,797 5,361 5,368 -405
Operating Margin 23.25% 49.65% 56.28% 39.2% 65.43% 47.25% 50.79% 74.21% 58.54% -25.06%
Earnings before Tax (EBT) 1 2,395 5,392 4,553 1,066 3,481 3,503 1,801 5,366 4,808 -423
Net income 1 1,273 3,723 3,146 729 2,399 2,374 1,217 3,685 3,080 -405
Net margin 11.26% 33.82% 38.84% 27.14% 50.23% 35.77% 34.4% 51.01% 33.59% -25.06%
EPS 2 28.16 83.30 72.94 17.78 59.62 59.44 31.02 94.31 78.77 -10.40
Dividend per Share 5.500 7.500 8.500 - - 10.00 - - 24.00 -
Announcement Date 10/31/19 11/9/20 11/9/21 2/8/22 8/4/22 11/9/22 2/8/23 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 5,466 8,201 7,807 13,496 11,921 13,169
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 1,229 -26,622 18,384 -4,038 13,700 11,206
ROE (net income / shareholders' equity) 8.87% 26.9% 4.19% 11.9% 11.5% 14.5%
ROA (Net income/ Total Assets) 8.27% 19.8% 7.02% 8.66% 8.33% 10.3%
Assets 1 10,266 35,418 19,984 43,057 45,894 40,378
Book Value Per Share 2 221.0 869.0 594.0 825.0 751.0 681.0
Cash Flow per Share 2 121.0 191.0 188.0 315.0 302.0 342.0
Capex 1 84 548 35 41 5 71
Capex / Sales 0.58% 1.99% 0.17% 0.25% 0.04% 0.54%
Announcement Date 6/21/18 6/24/19 6/19/20 6/21/21 6/17/22 6/19/23
1JPY in Million2JPY
Estimates
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