Upcoming Dividend • Jun 22
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 28 September 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (2.2%). Announcement • Jun 03
Envipro Holdings Inc. to Report Fiscal Year 2026 Results on Aug 13, 2026 Envipro Holdings Inc. announced that they will report fiscal year 2026 results on Aug 13, 2026 Reported Earnings • May 18
Third quarter 2026 earnings released: EPS: JP¥25.65 (vs JP¥22.99 in 3Q 2025) Third quarter 2026 results: EPS: JP¥25.65 (up from JP¥22.99 in 3Q 2025). Revenue: JP¥11.1b (down 14% from 3Q 2025). Net income: JP¥731.0m (up 5.1% from 3Q 2025). Profit margin: 6.6% (up from 5.3% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥979, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 15x in the Commercial Services industry in Japan. Total returns to shareholders of 81% over the past three years. Announcement • May 09
Envipro Holdings Inc. to Report Q3, 2026 Results on May 14, 2026 Envipro Holdings Inc. announced that they will report Q3, 2026 results on May 14, 2026 Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,058, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 15x in the Commercial Services industry in Japan. Total returns to shareholders of 91% over the past three years. Reported Earnings • Feb 14
Second quarter 2026 earnings released: EPS: JP¥22.19 (vs JP¥9.64 in 2Q 2025) Second quarter 2026 results: EPS: JP¥22.19 (up from JP¥9.64 in 2Q 2025). Revenue: JP¥11.5b (down 7.9% from 2Q 2025). Net income: JP¥632.0m (up 117% from 2Q 2025). Profit margin: 5.5% (up from 2.3% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jan 20
Now 21% undervalued Over the last 90 days, the stock has risen 94% to JP¥994. The fair value is estimated to be JP¥1,259, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has declined by 48%. New Risk • Jan 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 11% per year over the past 5 years. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to JP¥775, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 14x in the Commercial Services industry in Japan. Total returns to shareholders of 18% over the past three years. New Risk • Dec 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Announcement • Dec 02
Envipro Holdings Inc. to Report Q2, 2026 Results on Feb 12, 2026 Envipro Holdings Inc. announced that they will report Q2, 2026 results on Feb 12, 2026 Reported Earnings • Nov 17
First quarter 2026 earnings released: EPS: JP¥10.61 (vs JP¥1.14 in 1Q 2025) First quarter 2026 results: EPS: JP¥10.61 (up from JP¥1.14 in 1Q 2025). Revenue: JP¥9.99b (down 19% from 1Q 2025). Net income: JP¥301.0m (up JP¥266.7m from 1Q 2025). Profit margin: 3.0% (up from 0.3% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Sep 05
Envipro Holdings Inc. to Report Q1, 2026 Results on Nov 13, 2025 Envipro Holdings Inc. announced that they will report Q1, 2026 results on Nov 13, 2025 Reported Earnings • Aug 15
Full year 2025 earnings released: EPS: JP¥39.17 (vs JP¥17.85 in FY 2024) Full year 2025 results: EPS: JP¥39.17 (up from JP¥17.85 in FY 2024). Revenue: JP¥49.1b (down 6.0% from FY 2024). Net income: JP¥1.18b (up 119% from FY 2024). Profit margin: 2.4% (up from 1.0% in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Announcement • Aug 13
Envipro Holdings Inc., Annual General Meeting, Sep 25, 2025 Envipro Holdings Inc., Annual General Meeting, Sep 25, 2025. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (2.2%). Announcement • Jun 03
Envipro Holdings Inc. to Report Fiscal Year 2025 Results on Aug 13, 2025 Envipro Holdings Inc. announced that they will report fiscal year 2025 results on Aug 13, 2025 Reported Earnings • May 15
Third quarter 2025 earnings released: EPS: JP¥22.97 (vs JP¥9.41 in 3Q 2024) Third quarter 2025 results: EPS: JP¥22.97 (up from JP¥9.41 in 3Q 2024). Revenue: JP¥13.0b (flat on 3Q 2024). Net income: JP¥695.0m (up 145% from 3Q 2024). Profit margin: 5.3% (up from 2.2% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. New Risk • Apr 21
New major risk - Revenue and earnings growth Earnings have declined by 1.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Paying a dividend despite having no free cash flows. Earnings have declined by 1.4% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Buy Or Sell Opportunity • Apr 10
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to JP¥438. The fair value is estimated to be JP¥346, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 59%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 895% in the next 2 years. Announcement • Mar 04
Envipro Holdings Inc. to Report Q3, 2025 Results on May 13, 2025 Envipro Holdings Inc. announced that they will report Q3, 2025 results on May 13, 2025 Announcement • Feb 20
Envipro Holdings Inc. (TSE:5698) announces an Equity Buyback for 2,000,000 shares, representing 6.6% for ¥1,000 million. Envipro Holdings Inc. (TSE:5698) announces a share repurchase program. Under the program, the company will repurchase 2,000,000 shares, representing 6.6% of the issued share capital (excluding treasury stocks) for ¥1,000 million. The purpose of the program is to enhance capital efficiency and implement flexible capital policies in response to future changes in the management environment. The program will run until August 7, 2025. As of February 20, 2025, the company had 30,316,904 issued shares (excluding treasury shares) and 484 shares in treasury. Reported Earnings • Feb 15
Second quarter 2025 earnings released: EPS: JP¥9.64 (vs JP¥11.03 in 2Q 2024) Second quarter 2025 results: EPS: JP¥9.64 (down from JP¥11.03 in 2Q 2024). Revenue: JP¥12.5b (down 3.5% from 2Q 2024). Net income: JP¥291.9m (down 12% from 2Q 2024). Profit margin: 2.3% (down from 2.6% in 2Q 2024). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Dec 07
Envipro Holdings Inc. to Report Q2, 2025 Results on Feb 13, 2025 Envipro Holdings Inc. announced that they will report Q2, 2025 results on Feb 13, 2025 Reported Earnings • Nov 18
First quarter 2025 earnings released: EPS: JP¥1.14 (vs JP¥12.06 in 1Q 2024) First quarter 2025 results: EPS: JP¥1.14 (down from JP¥12.06 in 1Q 2024). Revenue: JP¥12.3b (down 4.3% from 1Q 2024). Net income: JP¥34.3m (down 91% from 1Q 2024). Profit margin: 0.3% (down from 2.8% in 1Q 2024). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. New Risk • Oct 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (JP¥15.2b market cap, or US$99.2m). Reported Earnings • Oct 03
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: JP¥17.85 (down from JP¥41.63 in FY 2023). Revenue: JP¥52.2b (up 6.1% from FY 2023). Net income: JP¥537.0m (down 57% from FY 2023). Profit margin: 1.0% (down from 2.5% in FY 2023). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 55%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Sep 04
Envipro Holdings Inc. to Report Q1, 2025 Results on Nov 06, 2024 Envipro Holdings Inc. announced that they will report Q1, 2025 results on Nov 06, 2024 Reported Earnings • Aug 14
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: JP¥17.87 (down from JP¥41.63 in FY 2023). Revenue: JP¥52.2b (up 6.2% from FY 2023). Net income: JP¥537.5m (down 56% from FY 2023). Profit margin: 1.0% (down from 2.5% in FY 2023). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 55%. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Aug 13
Now 22% overvalued Over the last 90 days, the stock has fallen 14% to JP¥455. The fair value is estimated to be JP¥374, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has declined by 6.7%. Revenue is forecast to grow by 9.3% in 2 years. Earnings are forecast to grow by 28% in the next 2 years. Announcement • Aug 09
Envipro Holdings Inc., Annual General Meeting, Sep 27, 2024 Envipro Holdings Inc., Annual General Meeting, Sep 27, 2024. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (JP¥10.5b market cap, or US$74.0m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥349, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Commercial Services industry in Japan. Total loss to shareholders of 41% over the past three years. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.9%). Announcement • Jun 08
Envipro Holdings Inc. to Report Fiscal Year 2024 Results on Aug 09, 2024 Envipro Holdings Inc. announced that they will report fiscal year 2024 results on Aug 09, 2024 Reported Earnings • May 21
Third quarter 2024 earnings released: EPS: JP¥9.41 (vs JP¥10.37 in 3Q 2023) Third quarter 2024 results: EPS: JP¥9.41 (down from JP¥10.37 in 3Q 2023). Revenue: JP¥13.0b (up 10% from 3Q 2023). Net income: JP¥284.0m (down 7.8% from 3Q 2023). Profit margin: 2.2% (down from 2.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Mar 05
Now 22% overvalued Over the last 90 days, the stock has fallen 14% to JP¥527. The fair value is estimated to be JP¥432, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 8.7%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 111% in the next 2 years. Announcement • Mar 03
Envipro Holdings Inc. to Report Q3, 2024 Results on May 15, 2024 Envipro Holdings Inc. announced that they will report Q3, 2024 results on May 15, 2024 New Risk • Feb 16
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (JP¥14.7b market cap, or US$98.1m). Declared Dividend • Feb 11
Dividend of JP¥14.00 announced Shareholders will receive a dividend of JP¥14.00. Ex-date: 27th June 2024 Payment date: 30th September 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 122% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 10
Second quarter 2024 earnings released: EPS: JP¥11.03 (vs JP¥11.32 in 2Q 2023) Second quarter 2024 results: EPS: JP¥11.03 (down from JP¥11.32 in 2Q 2023). Revenue: JP¥13.0b (up 4.6% from 2Q 2023). Net income: JP¥333.0m (flat on 2Q 2023). Profit margin: 2.6% (down from 2.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 14
Envipro Holdings Inc. to Report Q2, 2024 Results on Feb 05, 2024 Envipro Holdings Inc. announced that they will report Q2, 2024 results on Feb 05, 2024 New Risk • Nov 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.4% net profit margin). Shareholders have been diluted in the past year (4.8% increase in shares outstanding). Reported Earnings • Nov 07
First quarter 2024 earnings released: EPS: JP¥12.06 (vs JP¥12.58 in 1Q 2023) First quarter 2024 results: EPS: JP¥12.06 (down from JP¥12.58 in 1Q 2023). Revenue: JP¥12.8b (up 15% from 1Q 2023). Net income: JP¥359.0m (down 3.8% from 1Q 2023). Profit margin: 2.8% (down from 3.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Oct 18
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Outside Director Hiroko Nomura was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 08
Envipro Holdings Inc. to Report Q1, 2024 Results on Nov 06, 2023 Envipro Holdings Inc. announced that they will report Q1, 2024 results on Nov 06, 2023 New Risk • Aug 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.5% Last year net profit margin: 5.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 12
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: JP¥41.63 (down from JP¥105 in FY 2022). Revenue: JP¥49.2b (down 14% from FY 2022). Net income: JP¥1.24b (down 60% from FY 2022). Profit margin: 2.5% (down from 5.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Announcement • Aug 11
Envipro Holdings Inc., Annual General Meeting, Sep 27, 2023 Envipro Holdings Inc., Annual General Meeting, Sep 27, 2023. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥14.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.0%). Announcement • Jun 04
Envipro Holdings Inc. to Report Fiscal Year 2023 Results on Aug 10, 2023 Envipro Holdings Inc. announced that they will report fiscal year 2023 results on Aug 10, 2023 Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥615, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Commercial Services industry in Japan. Total returns to shareholders of 209% over the past three years. Major Estimate Revision • Feb 23
Consensus EPS estimates fall by 28% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from JP¥65.63 to JP¥47.10. Revenue forecast unchanged from JP¥50.0b at last update. Net income forecast to shrink 30% next year vs 5.0% growth forecast for Commercial Services industry in Japan . Consensus price target of JP¥950 unchanged from last update. Share price was steady at JP¥725 over the past week. Reported Earnings • Feb 12
Second quarter 2023 earnings released: EPS: JP¥11.32 (vs JP¥20.43 in 2Q 2022) Second quarter 2023 results: EPS: JP¥11.32 (down from JP¥20.43 in 2Q 2022). Revenue: JP¥12.4b (down 4.2% from 2Q 2022). Net income: JP¥336.0m (down 44% from 2Q 2022). Profit margin: 2.7% (down from 4.7% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • Dec 22
Envipro Holdings Inc. to Report Q2, 2023 Results on Feb 10, 2023 Envipro Holdings Inc. announced that they will report Q2, 2023 results on Feb 10, 2023 Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Outside Director Shoji Ide was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 09
First quarter 2023 earnings released: EPS: JP¥12.58 (vs JP¥22.55 in 1Q 2022) First quarter 2023 results: EPS: JP¥12.58 (down from JP¥22.55 in 1Q 2022). Revenue: JP¥11.2b (down 22% from 1Q 2022). Net income: JP¥373.0m (down 44% from 1Q 2022). Profit margin: 3.3% (down from 4.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • Nov 08
Envipro Holdings Inc. Provides Consolidated Earnings Guidance for Year Ending June 2023 Envipro Holdings Inc. provided consolidated earnings guidance for year ending June 2023. For the period, the company expected net sales of JPY 55,000 million, operating profit of JPY 2,500 million, profit attributable to owners of parent of JPY 2,030 million, Basic earnings per share of JPY 68.44 per basic share. Announcement • Nov 07
Envipro Holdings Inc. Provides Dividend Guidance for Year Ending of June 30, 2023 Envipro Holdings Inc. provided dividend guidance for year ending of June 30, 2023. For the year the company expects to pay the dividend of JPY 20 per share against JPY 25 a year ago. Announcement • Sep 03
Envipro Holdings Inc. to Report Q1, 2023 Results on Nov 07, 2022 Envipro Holdings Inc. announced that they will report Q1, 2023 results on Nov 07, 2022 Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥888, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Commercial Services industry in Japan. Total returns to shareholders of 200% over the past three years. Reported Earnings • Aug 12
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥105 (up from JP¥50.55 in FY 2021). Revenue: JP¥57.3b (up 40% from FY 2021). Net income: JP¥3.11b (up 109% from FY 2021). Profit margin: 5.4% (up from 3.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 9.0%, compared to a 5.1% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Announcement • Aug 11
Envipro Holdings Inc., Annual General Meeting, Sep 28, 2022 Envipro Holdings Inc., Annual General Meeting, Sep 28, 2022. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.3%). Announcement • Jun 08
Envipro Holdings Inc. to Report Fiscal Year 2022 Results on Aug 10, 2022 Envipro Holdings Inc. announced that they will report fiscal year 2022 results on Aug 10, 2022 Reported Earnings • May 16
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥23.77 (up from JP¥6.67 in 3Q 2021). Revenue: JP¥13.4b (up 30% from 3Q 2021). Net income: JP¥703.3m (up 257% from 3Q 2021). Profit margin: 5.3% (up from 1.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 15%. Over the next year, revenue is forecast to grow 6.3%, compared to a 2.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year whereas the company’s share price has increased by 54% per year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 8 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Outside Director Shoji Ide was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 08
Envipro Holdings Inc. to Report Q3, 2022 Results on May 09, 2022 Envipro Holdings Inc. announced that they will report Q3, 2022 results on May 09, 2022 Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 24% share price gain to JP¥1,986, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Commercial Services industry in Japan. Total returns to shareholders of 216% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥1,553, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Commercial Services industry in Japan. Total returns to shareholders of 164% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥752 per share. Reported Earnings • Feb 08
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2022 results: EPS: JP¥40.85 (up from JP¥23.73 in 2Q 2021). Revenue: JP¥13.0b (up 41% from 2Q 2021). Net income: JP¥603.8m (up 73% from 2Q 2021). Profit margin: 4.7% (up from 3.8% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 15%. Over the next year, revenue is forecast to grow 13%, compared to a 2.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 40% per year. Announcement • Feb 07
Envipro Holdings Inc. Provides Earning Guidance for the Fiscal Year Ending June 30, 2022 Envipro Holdings Inc. provided earning guidance for the fiscal year ending June 30, 2022. For the period, the company expects net sales of JPY 54,000 million, operating profit of JPY 2,390 million, ordinary profit of JPY 2,850 million, profit attributable to owners of parent JPY 1,950 million and profit per share JPY 132.07. Reported Earnings • Nov 10
First quarter 2022 earnings released: EPS JP¥45.13 (vs JP¥9.44 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥14.3b (up 92% from 1Q 2021). Net income: JP¥666.4m (up 379% from 1Q 2021). Profit margin: 4.7% (up from 1.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. 