Today I will talk about BeNEXT Group, which conducts dispatching and contracting businesses of development and manufacturing engineers.
※The above images are from BeNEXT Group’s website
BeNEXT Group dispatches a wide range of human resources from upstream to downstream of manufacturing customers that is from development/design to assembly/processing/shipping and is involved in new areas associated with technological innovations such as the automotive industry, IoT, and 5G.
The shortage of engineers in the IT field is particularly severe, so sales are continuing to increase year by year, which is unusual for a high dividend stock.
￥503（4/13 last closing price) The latest stock price← click here Trading unit: 100
The final month of the settlement: June
Dividend yield 7.95%
PER 5.56 PBR 1.33
Equity ratio 51.6%
Recently, BeNEXT Group seems to be expanding by investing in a company that develops flying motorcycles.
In addition, it has increased the scale for acquisitions of the UK dispatching companies one after another, and overseas sales have expanded to about 40% of consolidated sales.
Although sales and profits have increased for the fifth consecutive year and sales increased six times compared with ten years ago, their performance this year will be significantly affected by the spread of Covid-19, so its stock price has recently dropped significantly.
Transition of business results
|
|
Net sales |
Operating profit |
Net profit |
Net profit per share |
dividend |
Dividend payout ratio |
|
2017.6 |
43,035 |
3,220 |
1,923 |
49.6 |
22.5 |
45% |
|
2018.6 |
65,363 |
4,297 |
2,569 |
64.3 |
27.5 |
43% |
|
2019.6 |
81,596 |
5,719 |
3,706 |
87.5 |
35 |
40% |
|
2020.6 |
85,000 |
6,200 |
3,600 |
84.5 |
40 |
47% |
※Unit of sales, operating profit, net income is one-million yen
※The figure for June 2020 is the predicted value
|
Cash flow statement |
2019.6 |
2018.6 |
|
CF operating activities |
5,028 |
5,144 |
|
CF investing activities |
▲1,430 |
▲2,720 |
|
CF financing activities |
▲2,748 |
2,415 |
※One unit is one million yen
Note: You should be responsible for your own investment. Please make your own final