Annonce • Apr 30
Enplas Corporation, Annual General Meeting, Jun 26, 2026 Enplas Corporation, Annual General Meeting, Jun 26, 2026. Annonce • Apr 21
Enplas Corporation to Report Fiscal Year 2026 Results on Apr 30, 2026 Enplas Corporation announced that they will report fiscal year 2026 results on Apr 30, 2026 Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to JP¥13,760, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 267% over the past three years. Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥183 (vs JP¥88.06 in 3Q 2025) Third quarter 2026 results: EPS: JP¥183 (up from JP¥88.06 in 3Q 2025). Revenue: JP¥11.5b (up 26% from 3Q 2025). Net income: JP¥1.63b (up 109% from 3Q 2025). Profit margin: 14% (up from 8.5% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Annonce • Dec 18
Enplas Corporation to Report Q3, 2026 Results on Jan 30, 2026 Enplas Corporation announced that they will report Q3, 2026 results on Jan 30, 2026 Declared Dividend • Dec 02
First half dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 30th March 2026 Payment date: 5th June 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 18%. Cash payout ratio: 56%. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥9,640, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 131% over the past three years. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥213 (vs JP¥65.20 in 2Q 2025) Second quarter 2026 results: EPS: JP¥213 (up from JP¥65.20 in 2Q 2025). Revenue: JP¥11.9b (up 31% from 2Q 2025). Net income: JP¥1.89b (up 227% from 2Q 2025). Profit margin: 16% (up from 6.3% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥7,710, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 90% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,305 per share. Buy Or Sell Opportunity • Oct 14
Now 22% undervalued Over the last 90 days, the stock has risen 45% to JP¥5,790. The fair value is estimated to be JP¥7,377, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.5%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 74% in the next 2 years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 22% but the company is paying out more than the cash it is generating. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%). Annonce • Sep 09
Enplas Corporation to Report Q2, 2026 Results on Oct 31, 2025 Enplas Corporation announced that they will report Q2, 2026 results on Oct 31, 2025 Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥5,070, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,627 per share. Reported Earnings • Jul 29
First quarter 2026 earnings released: EPS: JP¥40.97 (vs JP¥172 in 1Q 2025) First quarter 2026 results: EPS: JP¥40.97 (down from JP¥172 in 1Q 2025). Revenue: JP¥9.00b (down 15% from 1Q 2025). Net income: JP¥362.0m (down 76% from 1Q 2025). Profit margin: 4.0% (down from 14% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Board Change • Jul 09
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Takae Akatsuka was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Jul 09
Final dividend of JP¥40.00 announced Shareholders will receive a dividend of JP¥40.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (13% earnings payout ratio) but not covered by cash flows (380% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Jun 19
Enplas Corporation to Report Q1, 2026 Results on Jul 28, 2025 Enplas Corporation announced that they will report Q1, 2026 results on Jul 28, 2025 Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥4,425, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,173 per share. New Risk • May 06
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 380% Dividend yield: 2.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Dividend is not well covered by cash flows (380% cash payout ratio). Reported Earnings • May 01
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥446 (up from JP¥390 in FY 2024). Revenue: JP¥38.1b (flat on FY 2024). Net income: JP¥3.94b (up 14% from FY 2024). Profit margin: 10% (up from 9.1% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.6%. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year. Annonce • Apr 30
Enplas Corporation, Annual General Meeting, Jun 26, 2025 Enplas Corporation, Annual General Meeting, Jun 26, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥3,805, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 46% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 02 June 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.7%). Annonce • Mar 08
Enplas Corporation to Report Fiscal Year 2025 Results on Apr 30, 2025 Enplas Corporation announced that they will report fiscal year 2025 results on Apr 30, 2025 Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥4,980, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,740 per share. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥4,400, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,154 per share. Major Estimate Revision • Feb 07
Consensus EPS estimates fall by 22% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥40.3b to JP¥38.0b. EPS estimate also fell from JP¥519 per share to JP¥408 per share. Net income forecast to grow 12% next year vs 13% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥9,000 to JP¥7,000. Share price fell 18% to JP¥4,385 over the past week. Price Target Changed • Feb 04
Price target decreased by 22% to JP¥7,000 Down from JP¥9,000, the current price target is provided by 1 analyst. New target price is 65% above last closing price of JP¥4,255. Stock is down 62% over the past year. The company is forecast to post earnings per share of JP¥408 for next year compared to JP¥390 last year. Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥88.06 (vs JP¥55.05 in 3Q 2024) Third quarter 2025 results: EPS: JP¥88.06 (up from JP¥55.05 in 3Q 2024). Revenue: JP¥9.11b (up 4.0% from 3Q 2024). Net income: JP¥778.0m (up 60% from 3Q 2024). Profit margin: 8.5% (up from 5.6% in 3Q 2024). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥5,390, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 97% over the past three years. Annonce • Jan 03
Enplas Corporation to Report Q3, 2025 Results on Jan 31, 2025 Enplas Corporation announced that they will report Q3, 2025 results on Jan 31, 2025 Declared Dividend • Dec 03
First half dividend of JP¥30.00 announced Dividend of JP¥30.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 2nd June 2025 Dividend yield will be 1.1%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (7% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to grow by 78% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥5,540, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 109% over the past three years. Reported Earnings • Nov 03
Second quarter 2025 earnings released: EPS: JP¥65.20 (vs JP¥120 in 2Q 2024) Second quarter 2025 results: EPS: JP¥65.20 (down from JP¥120 in 2Q 2024). Revenue: JP¥9.10b (down 4.1% from 2Q 2024). Net income: JP¥576.0m (down 46% from 2Q 2024). Profit margin: 6.3% (down from 11% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.5%). Annonce • Sep 19
Enplas Corporation to Report Q2, 2025 Results on Oct 31, 2024 Enplas Corporation announced that they will report Q2, 2025 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥7,050, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 129% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,760 per share. Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥172 (vs JP¥83.31 in 1Q 2024) First quarter 2025 results: EPS: JP¥172 (up from JP¥83.31 in 1Q 2024). Revenue: JP¥10.6b (up 9.1% from 1Q 2024). Net income: JP¥1.52b (up 107% from 1Q 2024). Profit margin: 14% (up from 7.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 11
Final dividend of JP¥30.00 announced Dividend of JP¥30.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 0.7%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 16%. Cash payout ratio: 13%. Reported Earnings • Jun 26
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: JP¥390 (down from JP¥524 in FY 2023). Revenue: JP¥37.8b (down 11% from FY 2023). Net income: JP¥3.44b (down 26% from FY 2023). Profit margin: 9.1% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.9%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Annonce • Jun 22
Enplas Corporation to Report Q1, 2025 Results on Jul 31, 2024 Enplas Corporation announced that they will report Q1, 2025 results on Jul 31, 2024 Price Target Changed • May 10
Price target decreased by 17% to JP¥10,300 Down from JP¥12,350, the current price target is an average from 2 analysts. New target price is 40% above last closing price of JP¥7,350. Stock is up 75% over the past year. The company is forecast to post earnings per share of JP¥574 for next year compared to JP¥390 last year. Reported Earnings • May 01
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: JP¥390 (down from JP¥524 in FY 2023). Revenue: JP¥37.8b (down 11% from FY 2023). Net income: JP¥3.44b (down 26% from FY 2023). Profit margin: 9.1% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.8%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Annonce • Mar 22
Enplas Corporation to Report Fiscal Year 2024 Results on Apr 30, 2024 Enplas Corporation announced that they will report fiscal year 2024 results on Apr 30, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.4%). Reported Earnings • Feb 02
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: JP¥55.05 (down from JP¥212 in 3Q 2023). Revenue: JP¥8.75b (down 22% from 3Q 2023). Net income: JP¥486.0m (down 74% from 3Q 2023). Profit margin: 5.6% (down from 17% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 55%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 01
Now 27% undervalued Over the last 90 days, the stock has risen 7.6% to JP¥9,860. The fair value is estimated to be JP¥13,542, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 49% in the next 2 years. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥11,940, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 152% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,532 per share. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥13,330, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 226% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,591 per share. Annonce • Dec 21
Enplas Corporation to Report Q3, 2024 Results on Jan 31, 2024 Enplas Corporation announced that they will report Q3, 2024 results on Jan 31, 2024 Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥12,760, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 368% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,819 per share. Buying Opportunity • Nov 16
Now 23% undervalued Over the last 90 days, the stock is up 3.3%. The fair value is estimated to be JP¥13,813, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 23% in 2 years. Earnings is forecast to grow by 56% in the next 2 years. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to JP¥10,190, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 377% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥14,088 per share. Reported Earnings • Oct 29
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: JP¥120 (up from JP¥29.47 in 2Q 2023). Revenue: JP¥9.49b (down 14% from 2Q 2023). Net income: JP¥1.06b (up 309% from 2Q 2023). Profit margin: 11% (up from 2.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥30.00 per share at 0.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥8,760, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 309% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥15,804 per share. Annonce • Aug 27
Enplas Corporation to Report Q2, 2024 Results on Oct 27, 2023 Enplas Corporation announced that they will report Q2, 2024 results on Oct 27, 2023 Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 92% After last week's 92% share price gain to JP¥9,760, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 357% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥13,047 per share. Reported Earnings • Jul 29
First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2024 results: EPS: JP¥83.31 (down from JP¥170 in 1Q 2023). Revenue: JP¥9.72b (down 4.0% from 1Q 2023). Net income: JP¥735.0m (down 51% from 1Q 2023). Profit margin: 7.6% (down from 15% in 1Q 2023). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 32%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jun 23
Now 22% undervalued Over the last 90 days, the stock is up 33%. The fair value is estimated to be JP¥7,323, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 91%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings is also forecast to grow by 14% per annum over the same time period. Annonce • May 28
Enplas Corporation to Report Q1, 2024 Results on Jul 28, 2023 Enplas Corporation announced that they will report Q1, 2024 results on Jul 28, 2023 Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥5,530, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,335 per share. Reported Earnings • Apr 29
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: JP¥524 (up from JP¥287 in FY 2022). Revenue: JP¥42.2b (up 28% from FY 2022). Net income: JP¥4.62b (up 83% from FY 2022). Profit margin: 11% (up from 7.7% in FY 2022). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 4.6%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share at 1.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 06 June 2023. Payout ratio is a comfortable 4.7% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%). Reported Earnings • Feb 01
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Third quarter 2023 results: EPS: JP¥212 (up from JP¥59.90 in 3Q 2022). Revenue: JP¥11.2b (up 44% from 3Q 2022). Net income: JP¥1.87b (up 255% from 3Q 2022). Profit margin: 17% (up from 6.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annonce • Dec 24
Enplas Corporation to Report Q3, 2023 Results on Jan 31, 2023 Enplas Corporation announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Director Minoru Amaha was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 30
Second quarter 2023 earnings: EPS misses analyst expectations Second quarter 2023 results: EPS: JP¥29.47 (down from JP¥52.02 in 2Q 2022). Revenue: JP¥11.0b (up 39% from 2Q 2022). Net income: JP¥260.0m (down 43% from 2Q 2022). Profit margin: 2.4% (down from 5.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annonce • Sep 23
Enplas Corporation to Report Q2, 2023 Results on Oct 28, 2022 Enplas Corporation announced that they will report Q2, 2023 results on Oct 28, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%). Major Estimate Revision • Aug 10
Consensus EPS estimates increase by 58% The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥36.4b to JP¥40.0b. EPS estimate increased from JP¥374 to JP¥590 per share. Net income forecast to grow 39% next year vs 7.1% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥4,750 to JP¥6,250. Share price rose 12% to JP¥4,055 over the past week. Price Target Changed • Aug 09
Price target increased to JP¥6,250 Up from JP¥4,800, the current price target is an average from 3 analysts. New target price is 57% above last closing price of JP¥3,975. Stock is up 22% over the past year. The company is forecast to post earnings per share of JP¥590 for next year compared to JP¥287 last year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 26% share price gain to JP¥3,760, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 19% over the past three years. Reported Earnings • Jul 31
First quarter 2023 earnings: EPS and revenues exceed analyst expectations First quarter 2023 results: EPS: JP¥170 (up from JP¥51.40 in 1Q 2022). Revenue: JP¥10.1b (up 23% from 1Q 2022). Net income: JP¥1.50b (up 232% from 1Q 2022). Profit margin: 15% (up from 5.5% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 125%. Over the next year, revenue is forecast to grow 6.1%, compared to a 9.9% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Annonce • Jun 19
Enplas Corporation to Report Q1, 2023 Results on Jul 29, 2022 Enplas Corporation announced that they will report Q1, 2023 results on Jul 29, 2022 Valuation Update With 7 Day Price Move • May 06
Investor sentiment improved over the past week After last week's 24% share price gain to JP¥3,460, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 19% over the past three years. Annonce • May 02
Enplas Corporation, Annual General Meeting, Jun 27, 2022 Enplas Corporation, Annual General Meeting, Jun 27, 2022. Reported Earnings • Apr 30
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥287 (up from JP¥79.34 in FY 2021). Revenue: JP¥32.9b (up 12% from FY 2021). Net income: JP¥2.53b (up 183% from FY 2021). Profit margin: 7.7% (up from 3.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Over the next year, revenue is forecast to grow 2.8%, compared to a 10.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Price Target Changed • Apr 27
Price target decreased to JP¥3,900 Down from JP¥4,800, the current price target is an average from 2 analysts. New target price is 42% above last closing price of JP¥2,755. Stock is down 34% over the past year. The company is forecast to post earnings per share of JP¥214 for next year compared to JP¥79.34 last year.