OTCM
COVCF
Market cap880mUSD
May 13, Last price
14.41USD
1D
-0.62%
1Q
-25.80%
IPO
-27.95%
Name
Cover Corp
Chart & Performance
P/E
31.21
P/S
4.28
EPS
67.68
Div Yield, %
—
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
30.17b
+47.50%
Net income
4.14b
+64.95%
CFO
4.77b
-2.08%
Profile
COVER Corporation engages in the virtual platform, VTuber production, and media mix businesses. The company provides VTuber Production, an agency that produces VTubers; Media Mix offers intellectual property for VTubers through planning and development of merchandise, licenses/tie-ins, comics, animation, and other activities; and Metaverse develops Holoearth, focusing on sandbox games that allow users to act freely in a virtual space. The company was founded in 2016 and is based in Tokyo, Japan.
Valuation
Title JPY in thousands, except ratios and share amounts | FY | FY | FY | FY |
|---|---|---|---|---|
| 2024‑03 | 2023‑03 | 2022‑03 | 2021‑03 | |
| Income | ||||
Revenues | 30,166,000 47.50% | 20,451,000 49.67% | ||
Cost of revenue | 24,483,000 | 16,939,700 | ||
Unusual Expense (Income) | ||||
NOPBT | 5,683,000 | 3,511,300 | ||
NOPBT Margin | 18.84% | 17.17% | ||
Operating Taxes | 1,584,000 | 844,000 | ||
Tax Rate | 27.87% | 24.04% | ||
NOPAT | 4,099,000 | 2,667,300 | ||
Net income | 4,137,000 64.95% | 2,508,000 101.53% | ||
Dividends | ||||
Dividend yield | ||||
Proceeds from repurchase of equity | 1,040,000 | |||
BB yield | ||||
| Debt | ||||
Debt current | ||||
Long-term debt | ||||
Deferred revenue | ||||
Other long-term liabilities | 963,000 | 31,749 | ||
Net debt | (8,812,000) | (8,702,000) | ||
| Cash flow | ||||
Cash from operating activities | 4,765,000 | 4,866,000 | ||
CAPEX | (3,696,000) | (2,362,000) | ||
Cash from investing activities | (3,893,000) | (2,759,000) | ||
Cash from financing activities | 1,040,000 | |||
FCF | 1,936,000 | 979,923 | ||
| Balance | ||||
Cash | 8,666,000 | 7,793,000 | ||
Long term investments | 146,000 | 909,000 | ||
Excess cash | 7,303,700 | 7,679,450 | ||
Stockholders' equity | 10,172,000 | 6,035,000 | ||
Invested Capital | 4,801,300 | 229,749 | ||
ROIC | 162.95% | 1,181.06% | ||
ROCE | 46.95% | 55.94% | ||
| EV | ||||
Common stock shares outstanding | 66,960 | 65,398 | ||
Price | ||||
Market cap | ||||
EV | ||||
EBITDA | 6,159,000 | 3,623,300 | ||
EV/EBITDA | ||||
Interest | ||||
Interest/NOPBT | ||||