Today I will talk about AVANTIA, which deals in the custom-built housing business mainly in the Chubu area.
※The above images are from AVANTIA’s website
AVANTIA is engaged in a relatively inexpensive and high-quality free-design custom housing business in Chubu area, mainly in Nagoya.
With the beginningof 2020, the company name has just changed from Sanyo Housing Nagoya to the housing brand name (AVANTIA).
In recent years, in addition to the real estate business, it has expanded its business areas to include the renovation business, residential land development business, and condominium business, so this name change seems to be an attempt to shed its local images.
￥1,024 （2019 Year-end closing price) The latest stock price← click here Trading unit: 100
The final month of the settlement: August Dividend yield 3.71%
PER 11.82 PBR 0.60 Equity ratio 62.4%
However, in order to drum up publicity for the new brand (AVANTIA) in 2020, advertising expenses such as TV commercials increased, so that operating income will have decreased according to expectations.
Since changing to a young president in 2018, its working on a sales strategy that does not rely on human tactics such as using social media and other methods, then aiming to be a comprehensive real estate service company, and has set a
high target of sales of 100 billion yen.I would like to have high expectations from the new president’s leadership.
In addition to dividends, AVANTIA has set up a shareholder special benefit and once a year you can receive a 1,000yen Quo card.
AVANTIA special benefits ← For details click here
Transition of business results
|
|
Net sales |
Operating profit |
Net profit |
Net profit per share |
dividend |
Dividend payout ratio |
|
2017.8 |
37,191 |
1,707 |
1,283 |
88.1 |
38 |
43% |
|
2018.8 |
38,450 |
1,862 |
773 |
53.0 |
38 |
72% |
|
2019.8 |
38,462 |
1,493 |
1,251 |
85.8 |
38 |
44% |
|
2020.8 |
41,800 |
1,680 |
1,260 |
86.4 |
38 |
44% |
※Unit of sales, operating profit, net income is one-million yen
※The figure for August, 2020 is the predicted value
|
Cash flow statement |
2019.8 |
2018.8 |
|
CF operating activities |
▲5,956 |
539 |
|
CF investing activities |
548 |
655 |
|
CF financing activities |
2,133 |
552 |
※One unit is one million yen
Note: You should be responsible for your own investment. Please make your own final judgment.