Today I will talk about GCA, a global merger and acquisition advisory company that operates mainly in Japan, the United States, and Europe.
GCA is one of the few merger and acquisition advisory companies listed on the
TSE.
In recent years, small and medium-sized enterprises have been actively engaged in mergers and acquisitions (especially business succession) because of the aging of business owners.
When conducting mergers and acquisitions, it is necessary to carefully examine company
value (due diligence) and after the acquisition consultation about the technology, know-how etc, that will make profits.
And that is the time to make use of mergers and acquisitions advisory company.
￥718（7/12 last closing price) The latest stock price← click here Trading unit: 100
The final month of the settlement: December Dividend yield 4.87% PER 11.63 PBR 1.31
Equity ratio 67.6%
It is important to note that GCA is integrated with global companies in management,
and has a wealth of merger and acquisition experience targeting overseas companies.
Global sales of GCA are about 20 billion yen, which about two-thirds of it comes from projects related to business succession, mainly in the US and Europe.
In both growing markets of the US and Europe as well as the shrinking market in Japan, business succession is important in all of them.
Transition of business results
|
|
Net sales |
Operating profit |
Net profit |
Net profit per share |
dividend |
Dividend payout ratio |
|
2016.12 |
18,558 |
2,492 |
1,373 |
43.1 |
45 |
104% |
|
2017.12 |
19,754 |
723 |
87 |
2.3 |
35 |
-% |
|
2018.12 |
26,690 |
3,479 |
2,439 |
64.2 |
35 |
55% |
|
2019.12 |
23,000 |
3,350 |
2,350 |
61.7 |
35 |
57% |
※Unit of sales, operating profit, net income is one-million yen
※The figure for December 2019 is the predicted value
|
Cash flow statement |
2018.12 |
2017.12 |
|
CF operating activities |
5,418 |
3,366 |
|
CF investing activities |
▲521 |
▲305 |
|
CF financing activities |
▲1,214 |
▲1,875 |
※One unit is one million yen
Note: You should be responsible for your own investment. Please make your own final judgment.