Today I will talk about FORVAL TELECOM, which mainly provides telecom rate optimization services, mainly to small and medium-sized companies.
※The above images are from FORVAL TELECOM’s website
FORVAL TELECOM is a reseller that purchases lines from telecommunications carriers, adds unique services and resells them to small and medium-sized companies.
Simply put, by using the service, billing for domestic calls, international calls, the Internet, etc. is unified, so the introducing company can simplify the paperwork.
They also offer an Internet-ization service for making delivery notes, invoices, payment notices, etc. online.
￥358 （5/21 last closing price) Trading unit: 100
The latest stock price ← click here
The final month of the settlement : March
Dividend yield 4.75 %
PER 7.76 PBR 3.43
Equity ratio 14.0 %
In the 2020 fiscal year, there was an extraordinary loss due to bad debt.
Forval started a power supply business since May 2018.
In the future, energy conservation support and energy utilization optimization projects that make full use of new technologies such as AI and IoT are on track, and those are expected to contribute greatly to their performance.
Transition of business results
|
|
Net sales |
Operating profit |
Net profit |
Net profit per share |
dividend |
Dividend payout ratio |
|
2019.3 |
18,347 |
888 |
589 |
35.3 |
17 |
48% |
|
2020.3 |
21,279 |
1,002 |
▲960 |
▲57.6 |
17 |
- % |
|
2021.3 |
21,729 |
846 |
456 |
27.3 |
17 |
62% |
|
2022.3 |
22,100 |
950 |
770 |
46.1 |
17 |
37% |
※Unit of sales, operating profit, net income is one-million yen
※The figure for March 2022 is the predicted value
|
Cash flow statement |
2021.3 |
2020.3 |
|
CF operating activities |
1,249 |
59 |
|
CF investing activities |
▲244 |
▲189 |
|
CF financing activities |
▲449 |
▲349 |
※One unit is one hundred million yen
Note: You should be responsible for your own investment. Please make your own final judgment.