Announcement • Jun 28
BuySell Technologies Co.,Ltd. to Report Q2, 2026 Results on Aug 14, 2026 BuySell Technologies Co.,Ltd. announced that they will report Q2, 2026 results on Aug 14, 2026 Price Target Changed • Jun 18
Price target increased by 11% to JP¥4,667 Up from JP¥4,200, the current price target is an average from 3 analysts. New target price is 31% above last closing price of JP¥3,570. Stock is up 159% over the past year. The company is forecast to post earnings per share of JP¥160 for next year compared to JP¥87.69 last year. Buy Or Sell Opportunity • Jun 08
Now 21% undervalued Over the last 90 days, the stock has risen 6.9% to JP¥3,585. The fair value is estimated to be JP¥4,562, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 70% in the next 2 years. Reported Earnings • May 17
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: JP¥108 (up from JP¥21.39 in 1Q 2025). Revenue: JP¥32.1b (up 37% from 1Q 2025). Net income: JP¥3.34b (up 167% from 1Q 2025). Profit margin: 10% (up from 5.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Multiline Retail 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 40% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • May 15
Consensus EPS estimates increase by 20% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥132.1b to JP¥140.5b. EPS estimate increased from JP¥128 to JP¥153 per share. Net income forecast to grow 79% next year vs 11% growth forecast for Multiline Retail industry in Japan. Consensus price target up from JP¥4,033 to JP¥4,200. Share price rose 5.5% to JP¥3,460 over the past week. Announcement • May 08
BuySell Technologies Co.,Ltd. to Report Q1, 2026 Results on May 14, 2026 BuySell Technologies Co.,Ltd. announced that they will report Q1, 2026 results on May 14, 2026 Price Target Changed • Apr 07
Price target increased by 13% to JP¥4,033 Up from JP¥3,567, the current price target is an average from 3 analysts. New target price is 20% above last closing price of JP¥3,365. Stock is up 166% over the past year. The company is forecast to post earnings per share of JP¥128 for next year compared to JP¥87.69 last year. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥6,670, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 18x in the Multiline Retail industry in Japan. Total returns to shareholders of 138% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥9,309 per share. Price Target Changed • Feb 21
Price target increased by 8.4% to JP¥6,900 Up from JP¥6,367, the current price target is an average from 3 analysts. New target price is 11% above last closing price of JP¥6,200. Stock is up 146% over the past year. The company is forecast to post earnings per share of JP¥239 for next year compared to JP¥175 last year. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥6,200, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 21x in the Multiline Retail industry in Japan. Total returns to shareholders of 118% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,007 per share. Price Target Changed • Feb 16
Price target increased by 8.2% to JP¥6,633 Up from JP¥6,133, the current price target is an average from 3 analysts. New target price is 19% above last closing price of JP¥5,560. Stock is up 121% over the past year. The company is forecast to post earnings per share of JP¥230 for next year compared to JP¥175 last year. Reported Earnings • Feb 14
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: JP¥175 (up from JP¥83.96 in FY 2024). Revenue: JP¥100.6b (up 68% from FY 2024). Net income: JP¥5.27b (up 119% from FY 2024). Profit margin: 5.2% (up from 4.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Multiline Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Feb 13
BuySell Technologies Co.,Ltd., Annual General Meeting, Mar 26, 2026 BuySell Technologies Co.,Ltd., Annual General Meeting, Mar 26, 2026. Price Target Changed • Jan 22
Price target increased by 10% to JP¥6,367 Up from JP¥5,767, the current price target is an average from 3 analysts. New target price is 32% above last closing price of JP¥4,840. Stock is up 80% over the past year. The company is forecast to post earnings per share of JP¥176 for next year compared to JP¥83.96 last year. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 March 2026. Payout ratio is a comfortable 8.9% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.5%). Announcement • Dec 12
BuySell Technologies Co.,Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026 BuySell Technologies Co.,Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥4,195, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Multiline Retail industry in Japan. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,297 per share. Price Target Changed • Nov 18
Price target increased by 14% to JP¥5,767 Up from JP¥5,067, the current price target is an average from 3 analysts. New target price is 61% above last closing price of JP¥3,575. Stock is up 58% over the past year. The company is forecast to post earnings per share of JP¥178 for next year compared to JP¥83.96 last year. Reported Earnings • Nov 18
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: JP¥49.66 (up from JP¥19.36 in 3Q 2024). Revenue: JP¥25.6b (up 66% from 3Q 2024). Net income: JP¥1.53b (up 177% from 3Q 2024). Profit margin: 6.0% (up from 3.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Multiline Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Oct 03
BuySell Technologies Co.,Ltd. to Report Q3, 2025 Results on Nov 14, 2025 BuySell Technologies Co.,Ltd. announced that they will report Q3, 2025 results on Nov 14, 2025 Price Target Changed • Sep 05
Price target increased by 11% to JP¥5,067 Up from JP¥4,567, the current price target is an average from 3 analysts. New target price is 44% above last closing price of JP¥3,520. Stock is up 27% over the past year. The company is forecast to post earnings per share of JP¥168 for next year compared to JP¥83.96 last year. Price Target Changed • Aug 22
Price target increased by 7.9% to JP¥4,800 Up from JP¥4,450, the current price target is an average from 3 analysts. New target price is 38% above last closing price of JP¥3,475. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥167 for next year compared to JP¥83.96 last year. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥3,490, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Multiline Retail industry in Japan. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,024 per share. New Risk • Aug 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% 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 Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Declared Dividend • Aug 16
Dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 29th December 2025 Payment date: 27th March 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 11%. Cash payout ratio: 13%. Reported Earnings • Aug 15
Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2025 results: EPS: JP¥52.57 (up from JP¥32.73 in 2Q 2024). Revenue: JP¥24.6b (up 48% from 2Q 2024). Net income: JP¥1.54b (up 68% from 2Q 2024). Profit margin: 6.2% (up from 5.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates by 29%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Multiline Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Jul 09
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 7.9% 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 Debt is not well covered by operating cash flow (8.1% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Announcement • Jun 27
BuySell Technologies Co.,Ltd. to Report Q2, 2025 Results on Aug 14, 2025 BuySell Technologies Co.,Ltd. announced that they will report Q2, 2025 results on Aug 14, 2025 Price Target Changed • Jun 04
Price target increased by 8.2% to JP¥4,450 Up from JP¥4,113, the current price target is an average from 3 analysts. New target price is 55% above last closing price of JP¥2,870. Stock is up 74% over the past year. The company is forecast to post earnings per share of JP¥143 for next year compared to JP¥83.96 last year. Announcement • Jun 04
BuySell Technologies Co.,Ltd. has filed a Follow-on Equity Offering. BuySell Technologies Co.,Ltd. has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 3,740,000
Transaction Features: Subsequent Direct Listing Major Estimate Revision • May 15
Consensus EPS estimates increase by 13% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥119 to JP¥135. Revenue forecast unchanged at JP¥100.2b. Net income forecast to grow 64% next year vs 9.3% growth forecast for Multiline Retail industry in Japan. Consensus price target up from JP¥3,933 to JP¥4,113. Share price rose 7.9% to JP¥3,330 over the past week. New Risk • May 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 9.4% 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 Debt is not well covered by operating cash flow (7.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥3,590, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 16x in the Multiline Retail industry in Japan. Total returns to shareholders of 85% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,395 per share. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,328, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Multiline Retail industry in Japan. Total returns to shareholders of 36% over the past three years. Announcement • Mar 29
BuySell Technologies Co.,Ltd. to Report Q1, 2025 Results on May 14, 2025 BuySell Technologies Co.,Ltd. announced that they will report Q1, 2025 results on May 14, 2025 Price Target Changed • Mar 13
Price target increased by 11% to JP¥3,917 Up from JP¥3,538, the current price target is an average from 3 analysts. New target price is 55% above last closing price of JP¥2,519. Stock is up 74% over the past year. The company is forecast to post earnings per share of JP¥126 for next year compared to JP¥168 last year. Major Estimate Revision • Feb 25
Consensus revenue estimates increase by 20% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥83.1b to JP¥99.9b. EPS estimate increased from JP¥119 to JP¥122 per share. Net income forecast to grow 47% next year vs 11% growth forecast for Multiline Retail industry in Japan. Consensus price target of JP¥3,538 unchanged from last update. Share price fell 2.5% to JP¥2,524 over the past week. Reported Earnings • Feb 16
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: JP¥168 (up from JP¥50.05 in FY 2023). Revenue: JP¥60.0b (up 41% from FY 2023). Net income: JP¥2.41b (up 66% from FY 2023). Profit margin: 4.0% (up from 3.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates by 2.2%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Multiline Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 26% per year. Announcement • Feb 14
BuySell Technologies Co.,Ltd., Annual General Meeting, Mar 26, 2025 BuySell Technologies Co.,Ltd., Annual General Meeting, Mar 26, 2025. Announcement • Jan 03
BuySell Technologies Co.,Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025 BuySell Technologies Co.,Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025 Upcoming Dividend • Dec 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 25 March 2025. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥5,870, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Multiline Retail industry in Japan. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥4,790, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Multiline Retail industry in Japan. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,475 per share. Reported Earnings • Nov 17
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: JP¥38.71 (up from JP¥4.87 in 3Q 2023). Revenue: JP¥15.5b (up 51% from 3Q 2023). Net income: JP¥554.0m (up JP¥483.0m from 3Q 2023). Profit margin: 3.6% (up from 0.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 78%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Multiline Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥3,715, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Multiline Retail industry in Japan. Total loss to shareholders of 3.6% over the past three years. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥4,565, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Multiline Retail industry in Japan. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥8,119 per share. Announcement • Sep 27
BuySell Technologies Co.,Ltd. to Report Q3, 2024 Results on Nov 14, 2024 BuySell Technologies Co.,Ltd. announced that they will report Q3, 2024 results on Nov 14, 2024 Major Estimate Revision • Aug 22
Consensus EPS estimates increase by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥59.3b to JP¥61.9b. EPS estimate increased from JP¥148 to JP¥170 per share. Net income forecast to grow 33% next year vs 8.6% growth forecast for Multiline Retail industry in Japan. Consensus price target up from JP¥4,500 to JP¥5,250. Share price rose 21% to JP¥5,380 over the past week. Price Target Changed • Aug 21
Price target increased by 17% to JP¥5,250 Up from JP¥4,500, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥5,040. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥154 for next year compared to JP¥100 last year. Reported Earnings • Aug 19
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: JP¥65.46 (up from JP¥26.29 in 2Q 2023). Revenue: JP¥16.6b (up 58% from 2Q 2023). Net income: JP¥917.0m (up 139% from 2Q 2023). Profit margin: 5.5% (up from 3.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.7%. Earnings per share (EPS) also surpassed analyst estimates by 89%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Multiline Retail industry in Japan. Declared Dividend • Aug 16
Dividend increased to JP¥30.00 Dividend of JP¥30.00 is 20% higher than last year. Ex-date: 27th December 2024 Payment date: 25th March 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 24%. Cash payout ratio: Approximately 6x free cash flows. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥4,450, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 17x in the Multiline Retail industry in Japan. Total returns to shareholders of 5.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,497 per share. New Risk • Jun 27
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 7.5% 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 Debt is not well covered by operating cash flow (9.0% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (3.3% net profit margin). Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥4,170, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Multiline Retail industry in Japan. Total loss to shareholders of 5.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,027 per share. Announcement • Jun 23
BuySell Technologies Co.,Ltd. to Report Q2, 2024 Results on Aug 14, 2024 BuySell Technologies Co.,Ltd. announced that they will report Q2, 2024 results on Aug 14, 2024 Reported Earnings • May 18
First quarter 2024 earnings: EPS and revenues exceed analyst expectations First quarter 2024 results: EPS: JP¥20.50 (up from JP¥17.32 in 1Q 2023). Revenue: JP¥12.1b (up 34% from 1Q 2023). Net income: JP¥293.0m (up 16% from 1Q 2023). Profit margin: 2.4% (down from 2.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Multiline Retail industry in Japan. Major Estimate Revision • May 17
Consensus revenue estimates increase by 12% The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥52.7b to JP¥59.2b. EPS estimate increased from JP¥136 to JP¥146 per share. Net income forecast to grow 46% next year vs 9.1% growth forecast for Multiline Retail industry in Japan. Consensus price target broadly unchanged at JP¥4,013. Share price rose 24% to JP¥3,475 over the past week. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥3,420, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 17x in the Multiline Retail industry in Japan. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,294 per share. Price Target Changed • Apr 12
Price target decreased by 7.3% to JP¥3,988 Down from JP¥4,300, the current price target is an average from 4 analysts. New target price is 50% above last closing price of JP¥2,658. Stock is down 47% over the past year. The company is forecast to post earnings per share of JP¥136 for next year compared to JP¥100 last year. Announcement • Mar 28
BuySell Technologies Co.,Ltd. to Report Q1, 2024 Results on May 14, 2024 BuySell Technologies Co.,Ltd. announced that they will report Q1, 2024 results on May 14, 2024 Reported Earnings • Mar 28
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥100 (down from JP¥158 in FY 2022). Revenue: JP¥42.6b (up 26% from FY 2022). Net income: JP¥1.45b (down 36% from FY 2022). Profit margin: 3.4% (down from 6.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Multiline Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Major Estimate Revision • Feb 28
Consensus revenue estimates increase by 13% The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥48.3b to JP¥54.8b. EPS estimate unchanged at JP¥136. Net income forecast to grow 36% next year vs 15% growth forecast for Multiline Retail industry in Japan. Consensus price target down from JP¥4,300 to JP¥4,167. Share price was steady at JP¥2,999 over the past week. Reported Earnings • Feb 16
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥100 (down from JP¥158 in FY 2022). Revenue: JP¥42.6b (up 26% from FY 2022). Net income: JP¥1.45b (down 36% from FY 2022). Profit margin: 3.4% (down from 6.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Multiline Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Dec 29
BuySell Technologies Co.,Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024 BuySell Technologies Co.,Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of JP¥25.00 per share at 0.8% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 25 March 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.3%). Major Estimate Revision • Nov 21
Consensus EPS estimates fall by 47% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from JP¥44.0b to JP¥41.9b. EPS estimate also fell from JP¥178 per share to JP¥94.37 per share. Net income forecast to grow 77% next year vs 7.3% growth forecast for Multiline Retail industry in Japan. Consensus price target down from JP¥6,933 to JP¥6,333. Share price fell 15% to JP¥2,620 over the past week. Price Target Changed • Nov 20
Price target decreased by 8.7% to JP¥6,333 Down from JP¥6,933, the current price target is an average from 3 analysts. New target price is 174% above last closing price of JP¥2,314. Stock is down 61% over the past year. The company is forecast to post earnings per share of JP¥94.37 for next year compared to JP¥158 last year. Reported Earnings • Nov 18
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: EPS: JP¥4.87 (down from JP¥41.17 in 3Q 2022). Revenue: JP¥10.3b (up 17% from 3Q 2022). Net income: JP¥71.0m (down 88% from 3Q 2022). Profit margin: 0.7% (down from 6.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 85%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Multiline Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥2,523, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Multiline Retail industry in Japan. Total returns to shareholders of 11% over the past three years.