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Internet Initiative Japan Inc
TSE:3774

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Internet Initiative Japan Inc
TSE:3774
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Price: 2 778 JPY -0.64% Market Closed
Market Cap: ¥509.6B

EV/OCF

10.1
Current
12%
Cheaper
vs 3-y average of 11.5

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
10.1
=
Enterprise Value
¥378.1B
/
Operating Cash Flow
¥49.4B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
10.1
=
Enterprise Value
¥378.1B
/
Operating Cash Flow
¥49.4B

Valuation Scenarios

Internet Initiative Japan Inc is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (11.5), the stock would be worth ¥3 152.53 (13% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-1%
Maximum Upside
+13%
Average Upside
7%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 10.1 ¥2 778
0%
3-Year Average 11.5 ¥3 152.53
+13%
5-Year Average 10.4 ¥2 848.63
+3%
Industry Average 10.1 ¥2 763.25
-1%
Country Average 11.4 ¥3 129.02
+13%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
JP
Internet Initiative Japan Inc
TSE:3774
492.4B JPY 10.1 22
US
Verizon Communications Inc
NYSE:VZ
195.6B USD 8.5 11.4
US
AT&T Inc
NYSE:T
182.5B USD 7.8 8.6
DE
Deutsche Telekom AG
XETRA:DTE
133.6B EUR 6.1 13.9
CN
China Telecom Corp Ltd
SSE:601728
545.4B CNY 3.8 16.2
JP
Nippon Telegraph and Telephone Corp
TSE:9432
12.5T JPY 8.5 11.6
SG
Singapore Telecommunications Ltd
SGX:Z74
77.4B SGD 16.3 12.5
FR
Orange SA
PAR:ORA
46.9B EUR 6.7 87.2
SA
Saudi Telecom Company SJSC
SAU:7010
189.1B SAR 10.2 12.8
CH
Swisscom AG
SIX:SCMN
34.4B CHF 8.1 27.7
AU
Telstra Group Ltd
F:5KB
36.7B EUR 9.8 27

Market Distribution

In line with most companies in Japan
Percentile
43nd
Based on 4 586 companies
43nd percentile
10.1
Low
0 — 8.2
Typical Range
8.2 — 16.2
High
16.2 —
Distribution Statistics
Japan
Min 0
30th Percentile 8.2
Median 11.4
70th Percentile 16.2
Max 277 515 327.6

Internet Initiative Japan Inc
Glance View

Market Cap
509.6B JPY
Industry
Telecommunication

In the bustling tech landscape of Japan, Internet Initiative Japan Inc. (IIJ) has carved out a distinct niche for itself as a pioneer in the world of internet services. Founded in 1992, IIJ holds the distinction of being one of the first ISPs in Japan, a remarkable achievement that has laid the foundation for its extensive offerings today. At its core, the company provides comprehensive internet solutions ranging from network services to system integration. This includes reliable cloud computing services, ensuring connectivity and robust data transmission for enterprises and individuals alike. IIJ’s strength lies in its ability to adapt and offer customized solutions, a feat achieved through constant innovation and a deep understanding of the evolving technological landscape. This strategy has helped IIJ maintain its competitive edge in a market often characterized by rapid change and intense competition. The crux of IIJ's business model hinges on generating revenue through a diversified portfolio. The bulk of its income streams from offering network services, where it provides everything from basic internet access to high-end dedicated connectivity solutions for corporations. Additionally, its robust data center operations cater to growing demands for cloud storage and data management, creating another critical revenue stream. System integration, meanwhile, allows IIJ to package tailored IT solutions for businesses, further expanding its market reach. By positioning itself as a one-stop-shop for connectivity and IT needs, IIJ enhances customer retention and attracts new clients, thereby bolstering its bottom line. Through this multifaceted revenue approach, IIJ not only sustains its growth but also fortifies its standing as a key player in the digital era, continually fostering a symbiotic relationship between technology and business.

Intrinsic Value
3 559.27 JPY
Undervaluation 22%
Intrinsic Value
Price ¥2 778
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