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AGP Corporation (9377.T)
Key financial summary
Financials in JPY| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | ¥bn | 15 | 10 | 10 | 11 | 13 | 14 | 15 |
| Operating profit | ¥bn | 1 | 1 | |||||
| Net profit | ¥bn | 0 | -0 | 0 | 1 | 1 | 1 | 1 |
| EPS reported | ¥ | 74.50 | 62.69 | |||||
| Operating cashflow per share | ¥ | 107.0 | 58.39 | |||||
| Capex per share | ¥ | 81.64 | 49.49 | |||||
| FCF per share | ¥ | 25.39 | 8.90 | |||||
| Free cash flow | ¥bn | 0 | 0 | |||||
| Net debt | ¥bn | -3 | -2 | |||||
| Book value equity | ¥bn | 10 | 9 | |||||
| Book value per share | ¥ | 752.1 | 712.9 | |||||
| Number of shares | m | 13.07 | 13.07 | |||||
| DPS (TTM paid) | ¥ | 60.00 | 60.00 |
Financial summary
Financials in JPY| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 15.95 | - | |||||
| P/B LTM | x | 1.58 | 2.18 | |||||
| P/S LTM | x | 1.07 | 1.38 | |||||
| P/FCF LTM | x | 46.80 | 42.20 | |||||
| EV/EBITDA LTM | x | 6.21 | 9.89 | |||||
| EV/Sales LTM | x | 0.87 | 1.22 | |||||
| Earnings Yield LTM | % | 6.27% | 1.69% | |||||
| FCF Yield | % | 2.14% | 2.37% | |||||
| Quality | ||||||||
| ROE | % | 9.90% | 3.57% | |||||
| ROIC | % | 7.71% | 3.47% | |||||
| Operating margin | % | 9.27% | 8.32% | |||||
| Gross margin | % | 20.35% | 20.36% | |||||
| FCF/Sales | % | 2.30% | 1.56% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +41.21% | +2.23% | |||||
| Sales Growth YoY | % | +11.22% | +10.68% | |||||
| Net Income Growth YoY | % | +41.19% | +2.23% | |||||
| FCF Growth | % | +32.48% | - | |||||
| Operating Profit Growth | % | +26.78% | +13.02% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 4.35% | 3.87% | |||||
| Dividend Growth | % | +33.33% | - | |||||
| Payout Ratio | % | 69.36% | 100.45% | |||||
| FCF/Debt | x | 0.87 | 0.35 | |||||
| Net Debt/EBITDA | x | -1.48 | -2.86 | |||||
| EBIT/Net interest | x | 518.62 | 134.23 | |||||
| Net debt/market cap | % | -19.22% | -11.35% | |||||
| Net debt/Equity | x | -0.30 | -0.25 | |||||
| Gross debt/equity | x | 0.04 | 0.15 | |||||
Company overview
AGP Corporation provides essential infrastructure and operational support services to airports across Japan. Its core activities include delivering vital utilities—such as electricity, air conditioning, and compressed air—directly to aircraft, in addition to designing, building, and managing the associated power supply systems. The company also undertakes comprehensive maintenance for critical airport hardware, including passenger boarding bridges, baggage handling systems, security and inspection devices, and smart lane solutions. Furthermore, it services a wide range of building systems, covering HVAC, electrical, plumbing, fire suppression, kitchen installations, and lifting machinery. Beyond infrastructure, AGP extends its expertise to provide extensive support services for business aviation. This encompasses hangar facilities, aircraft cleaning, towing, water and waste management, marshalling, crew logistics and pass facilitation, bonded warehousing, and supplying various maintenance tools. Additionally, AGP is involved in the sale and servicing of aircraft ground support equipment, and innovates by developing, manufacturing, and distributing specialized food carts, such as HACCP-compliant reheating units. Established in 1965 as Japan Airport Ground Power Co., Ltd., the company adopted its current name, AGP Corporation, in September 2000. It is headquartered in Tokyo, Japan.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
AGP Corporation (9377.T)
AGP Corporation provides essential infrastructure and operational support services to airports across Japan. Its core activities include delivering vital utilities—such as electricity, air conditioning, and compressed air—directly to aircraft, in addition to designing, building, and managing the associated power supply systems. The company also undertakes comprehensive maintenance for critical airport hardware, including passenger boarding bridges, baggage handling systems, security and inspection devices, and smart lane solutions. Furthermore, it services a wide range of building systems, covering HVAC, electrical, plumbing, fire suppression, kitchen installations, and lifting machinery. Beyond infrastructure, AGP extends its expertise to provide extensive support services for business aviation. This encompasses hangar facilities, aircraft cleaning, towing, water and waste management, marshalling, crew logistics and pass facilitation, bonded warehousing, and supplying various maintenance tools. Additionally, AGP is involved in the sale and servicing of aircraft ground support equipment, and innovates by developing, manufacturing, and distributing specialized food carts, such as HACCP-compliant reheating units. Established in 1965 as Japan Airport Ground Power Co., Ltd., the company adopted its current name, AGP Corporation, in September 2000. It is headquartered in Tokyo, Japan.
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