Financials WIN-Partners Co., Ltd.

Equities

3183

JP3154390003

Medical Equipment, Supplies & Distribution

Market Closed - Japan Exchange 02:00:00 2024-05-02 am EDT 5-day change 1st Jan Change
1,166 JPY -0.26% Intraday chart for WIN-Partners Co., Ltd. -0.43% -2.51%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 43,005 36,172 28,134 30,201 28,498 28,874
Enterprise Value (EV) 1 29,688 20,883 10,639 13,079 12,926 12,103
P/E ratio 14.3 x 13.7 x 15 x 19.6 x 15.6 x 14.1 x
Yield 1.8% 2.54% 3.37% 3.23% 3.5% 3.54%
Capitalization / Revenue 0.68 x 0.52 x 0.44 x 0.49 x 0.43 x 0.41 x
EV / Revenue 0.47 x 0.3 x 0.16 x 0.21 x 0.19 x 0.17 x
EV / EBITDA 8.72 x 5.97 x 3.74 x 5.34 x 4.42 x 4.59 x
EV / FCF 23.2 x 8.74 x 3.71 x 31 x -29.7 x -15.1 x
FCF Yield 4.3% 11.4% 26.9% 3.22% -3.36% -6.62%
Price to Book 2.42 x 1.85 x 1.37 x 1.43 x 1.31 x 1.27 x
Nbr of stocks (in thousands) 28,708 28,708 28,708 28,708 28,526 28,420
Reference price 2 1,498 1,260 980.0 1,052 999.0 1,016
Announcement Date 6/28/18 6/27/19 6/25/20 6/24/21 6/28/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 62,832 69,775 64,537 62,123 66,391 70,854
EBITDA 1 3,405 3,498 2,845 2,449 2,922 2,636
EBIT 1 3,144 3,261 2,649 2,255 2,762 2,470
Operating Margin 5% 4.67% 4.1% 3.63% 4.16% 3.49%
Earnings before Tax (EBT) 1 3,826 3,539 2,723 2,245 2,653 2,944
Net income 1 3,005 2,640 1,872 1,540 1,831 2,047
Net margin 4.78% 3.78% 2.9% 2.48% 2.76% 2.89%
EPS 2 104.7 91.96 65.21 53.64 63.85 72.03
Free Cash Flow 1 1,277 2,388 2,865 421.4 -434.8 -801.2
FCF margin 2.03% 3.42% 4.44% 0.68% -0.65% -1.13%
FCF Conversion (EBITDA) 37.5% 68.27% 100.69% 17.21% - -
FCF Conversion (Net income) 42.5% 90.46% 153.02% 27.36% - -
Dividend per Share 2 27.00 32.00 33.00 34.00 35.00 36.00
Announcement Date 6/28/18 6/27/19 6/25/20 6/24/21 6/28/22 6/29/23
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 33,144 27,883 31,144 17,711 16,744 33,616 17,736 17,383 35,179 19,715
EBITDA - - - - - - - - - -
EBIT 1 1,458 830 1,175 972 557 1,107 693 432 967 726
Operating Margin 4.4% 2.98% 3.77% 5.49% 3.33% 3.29% 3.91% 2.49% 2.75% 3.68%
Earnings before Tax (EBT) 1 1,538 837 1,179 974 586 1,087 1,188 435 1,041 729
Net income 1 1,047 572 799 663 400 741 810 290 702 496
Net margin 3.16% 2.05% 2.57% 3.74% 2.39% 2.2% 4.57% 1.67% 2% 2.52%
EPS 2 36.48 19.95 27.86 23.07 14.11 26.09 28.50 10.23 24.71 17.37
Dividend per Share - - - - - - - - - -
Announcement Date 11/11/19 11/11/20 11/10/21 2/10/22 8/5/22 11/8/22 2/7/23 8/7/23 11/8/23 2/7/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 13,317 15,289 17,495 17,122 15,572 16,771
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 1,277 2,388 2,865 421 -435 -801
ROE (net income / shareholders' equity) 18.1% 14.2% 9.35% 7.4% 8.54% 9.2%
ROA (Net income/ Total Assets) 5.66% 5.36% 4.22% 3.58% 4.22% 3.61%
Assets 1 53,047 49,286 44,404 43,062 43,357 56,652
Book Value Per Share 2 619.0 681.0 714.0 736.0 764.0 802.0
Cash Flow per Share 2 464.0 533.0 609.0 596.0 548.0 590.0
Capex 1 197 90 107 1,176 2,758 970
Capex / Sales 0.31% 0.13% 0.17% 1.89% 4.15% 1.37%
Announcement Date 6/28/18 6/27/19 6/25/20 6/24/21 6/28/22 6/29/23
1JPY in Million2JPY
Estimates
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