Financials XNET Corporation

Equities

4762

JP3164430005

IT Services & Consulting

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
1,160 JPY -3.73% Intraday chart for XNET Corporation -3.97% +7.01%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 7,336 7,543 7,493 8,881 8,162 8,336
Enterprise Value (EV) 1 4,509 5,021 4,688 6,361 4,653 4,615
P/E ratio 15.8 x 15.6 x 14.6 x 15.4 x 11.4 x 12 x
Yield - - - - - -
Capitalization / Revenue 1.75 x 1.7 x 1.6 x 1.76 x 1.51 x 1.56 x
EV / Revenue 1.07 x 1.13 x 1 x 1.26 x 0.86 x 0.86 x
EV / EBITDA - - 6,566,206 x 9,010,227 x 4,748,429 x 4,797,250 x
EV / FCF -12.6 x -18.8 x -94.5 x -147 x 15.3 x 22.2 x
FCF Yield -7.92% -5.33% -1.06% -0.68% 6.55% 4.5%
Price to Book 1.18 x 1.17 x 1.11 x 1.25 x 1.08 x 1.04 x
Nbr of stocks (in thousands) 8,262 8,262 8,262 8,262 8,262 8,262
Reference price 2 888.0 913.0 907.0 1,075 988.0 1,009
Announcement Date 6/26/18 6/26/19 6/26/20 6/25/21 6/28/22 6/28/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 4,204 4,435 4,670 5,039 5,419 5,357
EBITDA - - 714 706 980 962
EBIT 1 678 697 711 694 968 950
Operating Margin 16.13% 15.72% 15.22% 13.77% 17.86% 17.73%
Earnings before Tax (EBT) 1 691 716 731 719 995 985
Net income 1 465 485 515 576 718 694
Net margin 11.06% 10.94% 11.03% 11.43% 13.25% 12.96%
EPS 2 56.28 58.71 62.34 69.72 86.91 84.00
Free Cash Flow 1 -357.2 -267.4 -49.62 -43.25 305 207.8
FCF margin -8.5% -6.03% -1.06% -0.86% 5.63% 3.88%
FCF Conversion (EBITDA) - - - - 31.12% 21.6%
FCF Conversion (Net income) - - - - 42.48% 29.94%
Dividend per Share - - - - - -
Announcement Date 6/26/18 6/26/19 6/26/20 6/25/21 6/28/22 6/28/23
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 2,313 2,323 2,628 1,423 1,336 2,676 1,320 1,333 2,762 1,400
EBITDA - - - - - - - - - -
EBIT 1 348 256 394 334 225 489 226 226 538 272
Operating Margin 15.05% 11.02% 14.99% 23.47% 16.84% 18.27% 17.12% 16.95% 19.48% 19.43%
Earnings before Tax (EBT) 1 362 269 408 341 233 505 236 235 556 280
Net income 1 245 180 277 233 158 343 159 159 377 190
Net margin 10.59% 7.75% 10.54% 16.37% 11.83% 12.82% 12.05% 11.93% 13.65% 13.57%
EPS 2 29.68 21.89 33.58 28.26 19.18 41.60 19.21 19.26 45.72 22.95
Dividend per Share 14.00 14.00 14.00 - - 15.00 - - 15.00 -
Announcement Date 10/29/19 10/28/20 10/29/21 1/26/22 7/29/22 10/28/22 1/31/23 7/28/23 10/30/23 1/31/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2,827 2,522 2,805 2,520 3,509 3,721
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -357 -267 -49.6 -43.3 305 208
ROE (net income / shareholders' equity) 7.65% 7.67% 7.81% 8.34% 9.8% 8.9%
ROA (Net income/ Total Assets) 6.03% 5.91% 5.77% 5.39% 7.04% 6.51%
Assets 1 7,706 8,208 8,931 10,696 10,204 10,656
Book Value Per Share 2 750.0 781.0 815.0 857.0 916.0 971.0
Cash Flow per Share 2 128.0 113.0 157.0 169.0 226.0 273.0
Capex 1 25 29 8 45 7 15
Capex / Sales 0.59% 0.65% 0.17% 0.89% 0.13% 0.28%
Announcement Date 6/26/18 6/26/19 6/26/20 6/25/21 6/28/22 6/28/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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