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2462

LIKETSE:2462 Stock Report

Market Cap

JP¥31.9b

7D

-5.1%

1Y

-15.9%

Updated

01 Dec, 2021

Data

Company Financials +
2462 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance5/6
Financial Health5/6
Dividends4/6

2462 Stock Overview

LIKE Co., Ltd. provides a range of human resource services in Japan.

Price History & Performance

Summary of all time highs, changes and price drops for LIKE
Historical stock prices
Current Share PriceJP¥1,670.00
52 Week HighJP¥2,567.00
52 Week LowJP¥1,609.00
Beta0.46
1 Month Change-9.39%
3 Month Change-7.02%
1 Year Change-15.87%
3 Year Change3.86%
5 Year Change86.70%
Change since IPO159.59%

Recent News & Updates

Shareholder Returns

2462JP Professional ServicesJP Market
7D-5.1%-2.4%-4.4%
1Y-15.9%49.0%7.9%

Return vs Industry: 2462 underperformed the JP Professional Services industry which returned 41.3% over the past year.

Return vs Market: 2462 underperformed the JP Market which returned 7.7% over the past year.

Price Volatility

Is 2462's price volatile compared to industry and market?
2462 volatility
2462 Average Weekly Movement5.3%
Professional Services Industry Average Movement5.5%
Market Average Movement4.0%
10% most volatile stocks in JP Market7.9%
10% least volatile stocks in JP Market2.2%

Stable Share Price: 2462 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 2462's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19935,402Yasuhiko Okamotohttps://www.like-gr.co.jp

LIKE Co., Ltd. provides a range of human resource services in Japan. The company’s services include temporary staffing, outsourcing, recruitment, and educational support; and outsourced and public childcare services. It also operates nursing homes that offer nursing care related services.

LIKE Fundamentals Summary

How do LIKE's earnings and revenue compare to its market cap?
2462 fundamental statistics
Market CapJP¥31.93b
Earnings (TTM)JP¥3.47b
Revenue (TTM)JP¥54.61b

9.2x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2462 income statement (TTM)
RevenueJP¥54.61b
Cost of RevenueJP¥45.07b
Gross ProfitJP¥9.54b
ExpensesJP¥6.07b
EarningsJP¥3.47b

Last Reported Earnings

Aug 31, 2021

Next Earnings Date

Jan 11, 2022

Earnings per share (EPS)181.70
Gross Margin17.47%
Net Profit Margin6.36%
Debt/Equity Ratio120.6%

How did 2462 perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

27%

Payout Ratio

Valuation

Is LIKE undervalued compared to its fair value and its price relative to the market?

48.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 2462 (¥1670) is trading below our estimate of fair value (¥3243.79)

Significantly Below Fair Value: 2462 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2462 is good value based on its PE Ratio (9.2x) compared to the Asian Professional Services industry average (28.7x).

PE vs Market: 2462 is good value based on its PE Ratio (9.2x) compared to the JP market (10.7x).


Price to Earnings Growth Ratio

PEG Ratio: 2462 is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: 2462 is overvalued based on its PB Ratio (2.7x) compared to the XA Professional Services industry average (2.3x).


Future Growth

How is LIKE forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

7.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2462's forecast earnings growth (7% per year) is above the savings rate (0.02%).

Earnings vs Market: 2462's earnings (7% per year) are forecast to grow slower than the JP market (10.3% per year).

High Growth Earnings: 2462's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2462's revenue (5.3% per year) is forecast to grow faster than the JP market (4.9% per year).

High Growth Revenue: 2462's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 2462's Return on Equity is forecast to be high in 3 years time


Past Performance

How has LIKE performed over the past 5 years?

28.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2462 has high quality earnings.

Growing Profit Margin: 2462's current net profit margins (6.4%) are higher than last year (3.8%).


Past Earnings Growth Analysis

Earnings Trend: 2462's earnings have grown significantly by 28.6% per year over the past 5 years.

Accelerating Growth: 2462's earnings growth over the past year (75.7%) exceeds its 5-year average (28.6% per year).

Earnings vs Industry: 2462 earnings growth over the past year (75.7%) exceeded the Professional Services industry 14.1%.


Return on Equity

High ROE: Whilst 2462's Return on Equity (29.2%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is LIKE's financial position?


Financial Position Analysis

Short Term Liabilities: 2462's short term assets (¥15.4B) exceed its short term liabilities (¥10.4B).

Long Term Liabilities: 2462's short term assets (¥15.4B) exceed its long term liabilities (¥14.2B).


Debt to Equity History and Analysis

Debt Level: 2462's net debt to equity ratio (32.3%) is considered satisfactory.

Reducing Debt: 2462's debt to equity ratio has increased from 100.2% to 120.6% over the past 5 years.

Debt Coverage: 2462's debt is well covered by operating cash flow (39.7%).

Interest Coverage: 2462's interest payments on its debt are well covered by EBIT (97.6x coverage).


Balance Sheet


Dividend

What is LIKE current dividend yield, its reliability and sustainability?

3.11%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2462's dividend (3.11%) is higher than the bottom 25% of dividend payers in the JP market (1.43%).

High Dividend: 2462's dividend (3.11%) is low compared to the top 25% of dividend payers in the JP market (3.35%).


Stability and Growth of Payments

Stable Dividend: 2462's dividends per share have been stable in the past 10 years.

Growing Dividend: 2462's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27.5%), 2462's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.3yrs

Average board tenure


CEO

Yasuhiko Okamoto (60 yo)

28.25yrs

Tenure

Mr. Yasuhiko Okamoto has been the President of LIKE Co., Ltd. (Alternate name: J-COM Holdings Co., Ltd.) (formerly Powers International Corp.) since September 1993. He serves as Group Chief Executive Offic...


Board Members

Experienced Board: 2462's board of directors are considered experienced (7.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

LIKE Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: LIKE Co., Ltd.
  • Ticker: 2462
  • Exchange: TSE
  • Founded: 1993
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: JP¥31.930b
  • Shares outstanding: 19.12m
  • Website: https://www.like-gr.co.jp

Number of Employees


Location

  • LIKE Co., Ltd.
  • Umeda Hankyu Building Office Tower
  • 19th Floor
  • Osaka
  • 530-0017
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/01 15:47
End of Day Share Price2021/12/01 00:00
Earnings2021/08/31
Annual Earnings2021/05/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.