View Financial HealthIbidenLtd 配当と自社株買い配当金 基準チェック /06IbidenLtdは配当を支払う会社で、現在の利回りは0.12%です。次の支払い日は 8th June, 2026で、権利落ち日は30th March, 2026 。主要情報0.1%配当利回り-0.001%バイバック利回り総株主利回り0.1%将来の配当利回り0.2%配当成長2.0%次回配当支払日08 Jun 26配当落ち日30 Mar 26一株当たり配当金n/a配当性向14%最近の配当と自社株買いの更新お知らせ • Oct 31+ 2 more updatesIbiden Co.,Ltd. Announces Changes to Dividend PolicyIbiden Co.,Ltd. announced change its dividend policy (introduction of progressive dividends). Details of Change(Before): Regarding returns to shareholders, the basic policy is to continue stable dividends by establishing a long-term stable management foundation and improving business performance. This involved a comprehensive consideration of management indicators such as consolidated and non-consolidated business results, payout ratio, and ROE (Return on Equity). Details of Change(After): Regarding returns to shareholders, from the fiscal year ending March 2026 through the fiscal year ending March 2031, the Company's policy is to implement a progressive dividend. This policy will have a guideline of a 20% payout ratio and a base annual dividend of JPY 40 per share, based on its capital allocation policy and while taking into consideration the balance between growth investments and financial discipline.Declared Dividend • Dec 30First half dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 28th March 2025 Payment date: 30th May 2025 Dividend yield will be 73%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 27 November 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.7%).Declared Dividend • Jul 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 27th November 2024 Dividend yield will be 53%, which is higher than the industry average of 1.4%. Payout Ratios Payout ratio: 18%. Cash payout ratio: 10%.Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.5%).Upcoming Dividend • Sep 21Upcoming dividend of JP¥20.00 per share at 0.5% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 November 2023. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.5%).すべての更新を表示Recent updatesお知らせ • Apr 17Ibiden Co.,Ltd. to Report Fiscal Year 2026 Results on May 11, 2026Ibiden Co.,Ltd. announced that they will report fiscal year 2026 results on May 11, 2026お知らせ • Mar 06Ibiden Co.,Ltd. has completed a Follow-on Equity Offering in the amount of ¥52.46771 billion.Ibiden Co.,Ltd. has completed a Follow-on Equity Offering in the amount of ¥52.46771 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,874,700 Price\Range: ¥7632 Discount Per Security: ¥318お知らせ • Mar 05Ibiden Co.,Ltd. has completed a Follow-on Equity Offering in the amount of ¥52.46771 billion.Ibiden Co.,Ltd. has completed a Follow-on Equity Offering in the amount of ¥52.46771 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,874,700 Price\Range: ¥7632 Discount Per Security: ¥318お知らせ • Feb 24Ibiden Co.,Ltd. has filed a Follow-on Equity Offering.Ibiden Co.,Ltd. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,874,700お知らせ • Nov 29Ibiden Co.,Ltd. to Report Q3, 2026 Results on Feb 03, 2026Ibiden Co.,Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026お知らせ • Oct 31+ 2 more updatesIbiden Co.,Ltd. Announces Changes to Dividend PolicyIbiden Co.,Ltd. announced change its dividend policy (introduction of progressive dividends). Details of Change(Before): Regarding returns to shareholders, the basic policy is to continue stable dividends by establishing a long-term stable management foundation and improving business performance. This involved a comprehensive consideration of management indicators such as consolidated and non-consolidated business results, payout ratio, and ROE (Return on Equity). Details of Change(After): Regarding returns to shareholders, from the fiscal year ending March 2026 through the fiscal year ending March 2031, the Company's policy is to implement a progressive dividend. This policy will have a guideline of a 20% payout ratio and a base annual dividend of JPY 40 per share, based on its capital allocation policy and while taking into consideration the balance between growth investments and financial discipline.お知らせ • Sep 01Ibiden Co.,Ltd. to Report Q2, 2026 Results on Oct 30, 2025Ibiden Co.,Ltd. announced that they will report Q2, 2026 results on Oct 30, 2025お知らせ • Jun 03Ibiden Co.,Ltd. to Report Q1, 2026 Results on Aug 01, 2025Ibiden Co.,Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025お知らせ • May 09Ibiden Co.,Ltd., Annual General Meeting, Jun 20, 2025Ibiden Co.,Ltd., Annual General Meeting, Jun 20, 2025.お知らせ • Mar 01Ibiden Co.,Ltd. to Report Fiscal Year 2025 Results on May 08, 2025Ibiden Co.,Ltd. announced that they will report fiscal year 2025 results on May 08, 2025Declared Dividend • Dec 30First half dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 28th March 2025 Payment date: 30th May 2025 Dividend yield will be 73%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Nov 30Ibiden Co.,Ltd. to Report Q3, 2025 Results on Feb 04, 2025Ibiden Co.,Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥83.81 (vs JP¥75.91 in 2Q 2024)Second quarter 2025 results: EPS: JP¥83.81 (up from JP¥75.91 in 2Q 2024). Revenue: JP¥93.4b (flat on 2Q 2024). Net income: JP¥11.7b (up 10% from 2Q 2024). Profit margin: 13% (up from 11% in 2Q 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 27 November 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.7%).Valuation Update With 7 Day Price Move • Sep 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €26.20, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Electronic industry in Germany. Total loss to shareholders of 47% over the past three years.お知らせ • Aug 27Ibiden Co.,Ltd. to Report Q2, 2025 Results on Oct 31, 2024Ibiden Co.,Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €32.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Electronic industry in Germany. Total loss to shareholders of 20% over the past three years.Reported Earnings • Aug 05First quarter 2025 earnings released: EPS: JP¥63.10 (vs JP¥52.19 in 1Q 2024)First quarter 2025 results: EPS: JP¥63.10 (up from JP¥52.19 in 1Q 2024). Revenue: JP¥88.2b (down 6.7% from 1Q 2024). Net income: JP¥8.82b (up 21% from 1Q 2024). Profit margin: 10.0% (up from 7.7% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.Declared Dividend • Jul 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 27th November 2024 Dividend yield will be 53%, which is higher than the industry average of 1.4%. Payout Ratios Payout ratio: 18%. Cash payout ratio: 10%.Reported Earnings • Jun 17Full year 2024 earnings released: EPS: JP¥225 (vs JP¥374 in FY 2023)Full year 2024 results: EPS: JP¥225 (down from JP¥374 in FY 2023). Revenue: JP¥370.5b (down 11% from FY 2023). Net income: JP¥31.5b (down 40% from FY 2023). Profit margin: 8.5% (down from 13% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Jun 06Ibiden Co.,Ltd. to Report Q1, 2025 Results on Aug 02, 2024Ibiden Co.,Ltd. announced that they will report Q1, 2025 results on Aug 02, 2024Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €37.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Electronic industry in Germany. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €68.70 per share.Board Change • May 09High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Substitute Outside Director Shogo Komori was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.New Risk • May 03New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.5% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.5%).お知らせ • Mar 02Ibiden Co.,Ltd. to Report Fiscal Year 2024 Results on May 01, 2024Ibiden Co.,Ltd. announced that they will report fiscal year 2024 results on May 01, 2024Reported Earnings • Feb 03Third quarter 2024 earnings released: EPS: JP¥68.03 (vs JP¥87.67 in 3Q 2023)Third quarter 2024 results: EPS: JP¥68.03 (down from JP¥87.67 in 3Q 2023). Revenue: JP¥92.5b (down 10% from 3Q 2023). Net income: JP¥9.50b (down 22% from 3Q 2023). Profit margin: 10% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 02Ibiden Co.,Ltd., Annual General Meeting, Jun 13, 2024Ibiden Co.,Ltd., Annual General Meeting, Jun 13, 2024. Agenda: To consider the changes in the Positions of President & CEO, Representative Director.Buy Or Sell Opportunity • Feb 01Now 20% undervaluedOver the last 90 days, the stock has risen 12% to €45.80. The fair value is estimated to be €57.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.お知らせ • Nov 29Ibiden Co.,Ltd. to Report Q3, 2024 Results on Feb 01, 2024Ibiden Co.,Ltd. announced that they will report Q3, 2024 results on Feb 01, 2024Buying Opportunity • Nov 29Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be €53.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 23% per annum over the same time period.Reported Earnings • Oct 28Second quarter 2024 earnings released: EPS: JP¥75.91 (vs JP¥130 in 2Q 2023)Second quarter 2024 results: EPS: JP¥75.91 (down from JP¥130 in 2Q 2023). Revenue: JP¥93.0b (down 19% from 2Q 2023). Net income: JP¥10.6b (down 41% from 2Q 2023). Profit margin: 11% (down from 16% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Oct 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €57.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.Upcoming Dividend • Sep 21Upcoming dividend of JP¥20.00 per share at 0.5% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 November 2023. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.5%).お知らせ • Aug 27Ibiden Co.,Ltd. to Report Q2, 2024 Results on Oct 26, 2023Ibiden Co.,Ltd. announced that they will report Q2, 2024 results on Oct 26, 2023New Risk • Aug 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥52.18 (vs JP¥98.23 in 1Q 2023)First quarter 2024 results: EPS: JP¥52.18 (down from JP¥98.23 in 1Q 2023). Revenue: JP¥94.6b (down 3.8% from 1Q 2023). Net income: JP¥7.29b (down 47% from 1Q 2023). Profit margin: 7.7% (down from 14% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 18Full year 2023 earnings released: EPS: JP¥374 (vs JP¥295 in FY 2022)Full year 2023 results: EPS: JP¥374 (up from JP¥295 in FY 2022). Revenue: JP¥417.5b (up 4.1% from FY 2022). Net income: JP¥52.2b (up 27% from FY 2022). Profit margin: 13% (up from 10% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.お知らせ • May 28Ibiden Co.,Ltd. to Report Q1, 2024 Results on Aug 02, 2023Ibiden Co.,Ltd. announced that they will report Q1, 2024 results on Aug 02, 2023Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €49.20, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Electronic industry in Germany. Total returns to shareholders of 116% over the past three years.Reported Earnings • May 03Full year 2023 earnings released: EPS: JP¥374 (vs JP¥295 in FY 2022)Full year 2023 results: EPS: JP¥374 (up from JP¥295 in FY 2022). Revenue: JP¥417.5b (up 4.1% from FY 2022). Net income: JP¥52.2b (up 27% from FY 2022). Profit margin: 13% (up from 10% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 0.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 02 June 2023. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.0%).Buying Opportunity • Feb 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €40.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 47%. For the next 3 years, revenue is forecast to grow by 9.9% per annum. Earnings is also forecast to grow by 14% per annum over the same time period.Reported Earnings • Feb 04Third quarter 2023 earnings released: EPS: JP¥87.67 (vs JP¥109 in 3Q 2022)Third quarter 2023 results: EPS: JP¥87.67 (down from JP¥109 in 3Q 2022). Revenue: JP¥103.1b (flat on 3Q 2022). Net income: JP¥12.2b (down 19% from 3Q 2022). Profit margin: 12% (down from 15% in 3Q 2022). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 29Ibiden Co.,Ltd. to Report Q3, 2023 Results on Feb 02, 2023Ibiden Co.,Ltd. announced that they will report Q3, 2023 results on Feb 02, 2023お知らせ • Dec 18Guangzhou Fastprint Investment Co., Ltd. agreed to acquire Ibiden Electronics (Beijing)Co.,Ltd. from Ibiden Co.,Ltd. (TSE:4062) for ¥17.7 billion.Guangzhou Fastprint Investment Co., Ltd. agreed to acquire Ibiden Electronics (Beijing)Co.,Ltd. from Ibiden Co.,Ltd. (TSE:4062) for ¥17.7 billion on December 16, 2022. As on December 31, 2021, Ibiden Electronics (Beijing)Co.,Ltd. generated equity of ¥1.2 billion, total assets of ¥1.4 billion, net sales of ¥879 million, operating loss of ¥46 million and net loss of ¥54 million. The transaction is expected to close on March 31, 2023.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 19% share price gain to €38.40, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 92% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €27.85 per share.Reported Earnings • Oct 28Second quarter 2023 earnings released: EPS: JP¥130 (vs JP¥90.89 in 2Q 2022)Second quarter 2023 results: EPS: JP¥130 (up from JP¥90.89 in 2Q 2022). Revenue: JP¥115.3b (up 11% from 2Q 2022). Net income: JP¥18.1b (up 43% from 2Q 2022). Profit margin: 16% (up from 12% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 25 November 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.2%).Reported Earnings • Aug 03First quarter 2023 earnings released: EPS: JP¥98.23 (vs JP¥68.51 in 1Q 2022)First quarter 2023 results: EPS: JP¥98.23 (up from JP¥68.51 in 1Q 2022). Revenue: JP¥98.3b (up 6.5% from 1Q 2022). Net income: JP¥13.7b (up 43% from 1Q 2022). Profit margin: 14% (up from 10% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.4%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 30Ibiden Co.,Ltd. to Report Q1, 2023 Results on Aug 02, 2022Ibiden Co.,Ltd. announced that they will report Q1, 2023 results on Aug 02, 2022Reported Earnings • Jun 22Full year 2022 earnings released: EPS: JP¥295 (vs JP¥184 in FY 2021)Full year 2022 results: EPS: JP¥295 (up from JP¥184 in FY 2021). Revenue: JP¥401.1b (up 24% from FY 2021). Net income: JP¥41.2b (up 60% from FY 2021). Profit margin: 10% (up from 7.9% in FY 2021). Over the next year, revenue is forecast to grow 7.2%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €26.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 19x in the Electronic industry in Germany. Total returns to shareholders of 83% over the past three years.Reported Earnings • Apr 29Full year 2022 earnings released: EPS: JP¥295 (vs JP¥184 in FY 2021)Full year 2022 results: EPS: JP¥295 (up from JP¥184 in FY 2021). Revenue: JP¥401.1b (up 24% from FY 2021). Net income: JP¥41.2b (up 60% from FY 2021). Profit margin: 10% (up from 7.9% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.8%, compared to a 26% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 02Ibiden Co.,Ltd. to Report Fiscal Year 2022 Results on Apr 27, 2022Ibiden Co.,Ltd. announced that they will report fiscal year 2022 results on Apr 27, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 02 June 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.6%). In line with average of industry peers (0.7%).Reported Earnings • Feb 06Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥109 (up from JP¥69.53 in 3Q 2021). Revenue: JP¥103.4b (up 21% from 3Q 2021). Net income: JP¥15.2b (up 56% from 3Q 2021). Profit margin: 15% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 9.4%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 30Second quarter 2022 earnings released: EPS JP¥90.89 (vs JP¥50.73 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥103.5b (up 31% from 2Q 2021). Net income: JP¥12.7b (up 79% from 2Q 2021). Profit margin: 12% (up from 9.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% 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 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 25 November 2021. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (0.7%).Reported Earnings • Aug 05First quarter 2022 earnings released: EPS JP¥68.51 (vs JP¥32.89 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥92.3b (up 42% from 1Q 2021). Net income: JP¥9.57b (up 108% from 1Q 2021). Profit margin: 10% (up from 7.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year whereas the company’s share price has increased by 53% per year.Reported Earnings • Jun 24Full year 2021 earnings released: EPS JP¥184 (vs JP¥81.08 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥323.5b (up 9.3% from FY 2020). Net income: JP¥25.7b (up 127% from FY 2020). Profit margin: 7.9% (up from 3.8% in FY 2020). Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 47% per year.Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥37.80, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 26x in the Electronic industry in Germany. Total returns to shareholders of 200% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €41.85 per share.Reported Earnings • Apr 29Full year 2021 earnings released: EPS JP¥184 (vs JP¥81.08 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥323.5b (up 9.3% from FY 2020). Net income: JP¥25.7b (up 127% from FY 2020). Profit margin: 7.9% (up from 3.8% in FY 2020). Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year.Upcoming Dividend • Mar 24Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 02 June 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (0.5%).お知らせ • Mar 04Ibiden Co.,Ltd. to Report Fiscal Year 2021 Results on Apr 27, 2021Ibiden Co.,Ltd. announced that they will report fiscal year 2021 results on Apr 27, 2021Is New 90 Day High Low • Feb 25New 90-day low: €33.80The company is down 13% from its price of €38.80 on 27 November 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.24 per share.Reported Earnings • Feb 06Third quarter 2021 earnings released: EPS JP¥69.53 (vs JP¥30.67 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥85.8b (up 18% from 3Q 2020). Net income: JP¥9.72b (up 127% from 3Q 2020). Profit margin: 11% (up from 5.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 06Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 15%, compared to a 23% growth forecast for the Electronic industry in Germany.Valuation Update With 7 Day Price Move • Nov 27Market bids up stock over the past weekAfter last week's 17% share price gain to JP¥40.80, the stock is trading at a trailing P/E ratio of 36.2x, up from the previous P/E ratio of 30.9x. This compares to an average P/E of 30x in the Electronic industry in Germany. Total returns to shareholders over the past three years are 225%.Is New 90 Day High Low • Nov 25New 90-day high: €36.20The company is up 33% from its price of €27.20 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.06 per share.Reported Earnings • Oct 30First half earnings releasedOver the last 12 months the company has reported total profits of JP¥19.1b, with earnings increasing by JP¥17.3b from the prior year. Total revenue was JP¥295.6b over the last 12 months, up 1.5% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 30Semi-annual earnings released: Revenue beats expectationsSemi-annual revenue exceeded analyst estimates by 9.7% at JP¥144.0b. Revenue is forecast to grow 12% over the next year, compared to a 23% growth forecast for the Electronic industry in Germany.Is New 90 Day High Low • Oct 30New 90-day high: €35.40The company is up 58% from its price of €22.40 on 31 July 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €42.03 per share.Is New 90 Day High Low • Oct 08New 90-day high: €29.00The company is up 14% from its price of €25.40 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.91 per share.Is New 90 Day High Low • Sep 18New 90-day high: €28.80The company is up 16% from its price of €24.80 on 19 June 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €41.22 per share.お知らせ • Aug 30Ibiden Co.,Ltd. to Report Q2, 2021 Results on Oct 28, 2020Ibiden Co.,Ltd. announced that they will report Q2, 2021 results on Oct 28, 2020決済の安定と成長配当データの取得安定した配当: IBIはGerman市場で注目すべき配当金を支払っていないため、支払いが安定しているかどうかを確認する必要はありません。増加する配当: IBIはGerman市場で注目すべき配当金を支払っていないため、支払額が増加しているかどうかを確認する必要はありません。配当利回り対市場IbidenLtd 配当利回り対市場IBI 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (IBI)0.1%市場下位25% (DE)1.5%市場トップ25% (DE)4.6%業界平均 (Electronic)1.0%アナリスト予想 (IBI) (最長3年)0.2%注目すべき配当: IBIの配当金 ( 0.12% ) はGerman市場の配当金支払者の下位 25% ( 1.5% ) と比べると目立ったものではありません。高配当: IBIの配当金 ( 0.12% ) はGerman市場の配当金支払者の上位 25% ( 4.62% ) と比較すると低いです。株主への利益配当収益カバレッジ: IBI German市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: IBIは配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 14:27終値2026/05/07 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ibiden Co.,Ltd. 16 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。29 アナリスト機関George ChangAletheia Analyst Network LimitedMasaru KoshitaBarclaysHao DaiBernstein26 その他のアナリストを表示
お知らせ • Oct 31+ 2 more updatesIbiden Co.,Ltd. Announces Changes to Dividend PolicyIbiden Co.,Ltd. announced change its dividend policy (introduction of progressive dividends). Details of Change(Before): Regarding returns to shareholders, the basic policy is to continue stable dividends by establishing a long-term stable management foundation and improving business performance. This involved a comprehensive consideration of management indicators such as consolidated and non-consolidated business results, payout ratio, and ROE (Return on Equity). Details of Change(After): Regarding returns to shareholders, from the fiscal year ending March 2026 through the fiscal year ending March 2031, the Company's policy is to implement a progressive dividend. This policy will have a guideline of a 20% payout ratio and a base annual dividend of JPY 40 per share, based on its capital allocation policy and while taking into consideration the balance between growth investments and financial discipline.
Declared Dividend • Dec 30First half dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 28th March 2025 Payment date: 30th May 2025 Dividend yield will be 73%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 27 November 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.7%).
Declared Dividend • Jul 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 27th November 2024 Dividend yield will be 53%, which is higher than the industry average of 1.4%. Payout Ratios Payout ratio: 18%. Cash payout ratio: 10%.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.5%).
Upcoming Dividend • Sep 21Upcoming dividend of JP¥20.00 per share at 0.5% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 November 2023. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.5%).
お知らせ • Apr 17Ibiden Co.,Ltd. to Report Fiscal Year 2026 Results on May 11, 2026Ibiden Co.,Ltd. announced that they will report fiscal year 2026 results on May 11, 2026
お知らせ • Mar 06Ibiden Co.,Ltd. has completed a Follow-on Equity Offering in the amount of ¥52.46771 billion.Ibiden Co.,Ltd. has completed a Follow-on Equity Offering in the amount of ¥52.46771 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,874,700 Price\Range: ¥7632 Discount Per Security: ¥318
お知らせ • Mar 05Ibiden Co.,Ltd. has completed a Follow-on Equity Offering in the amount of ¥52.46771 billion.Ibiden Co.,Ltd. has completed a Follow-on Equity Offering in the amount of ¥52.46771 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,874,700 Price\Range: ¥7632 Discount Per Security: ¥318
お知らせ • Feb 24Ibiden Co.,Ltd. has filed a Follow-on Equity Offering.Ibiden Co.,Ltd. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,874,700
お知らせ • Nov 29Ibiden Co.,Ltd. to Report Q3, 2026 Results on Feb 03, 2026Ibiden Co.,Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026
お知らせ • Oct 31+ 2 more updatesIbiden Co.,Ltd. Announces Changes to Dividend PolicyIbiden Co.,Ltd. announced change its dividend policy (introduction of progressive dividends). Details of Change(Before): Regarding returns to shareholders, the basic policy is to continue stable dividends by establishing a long-term stable management foundation and improving business performance. This involved a comprehensive consideration of management indicators such as consolidated and non-consolidated business results, payout ratio, and ROE (Return on Equity). Details of Change(After): Regarding returns to shareholders, from the fiscal year ending March 2026 through the fiscal year ending March 2031, the Company's policy is to implement a progressive dividend. This policy will have a guideline of a 20% payout ratio and a base annual dividend of JPY 40 per share, based on its capital allocation policy and while taking into consideration the balance between growth investments and financial discipline.
お知らせ • Sep 01Ibiden Co.,Ltd. to Report Q2, 2026 Results on Oct 30, 2025Ibiden Co.,Ltd. announced that they will report Q2, 2026 results on Oct 30, 2025
お知らせ • Jun 03Ibiden Co.,Ltd. to Report Q1, 2026 Results on Aug 01, 2025Ibiden Co.,Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025
お知らせ • May 09Ibiden Co.,Ltd., Annual General Meeting, Jun 20, 2025Ibiden Co.,Ltd., Annual General Meeting, Jun 20, 2025.
お知らせ • Mar 01Ibiden Co.,Ltd. to Report Fiscal Year 2025 Results on May 08, 2025Ibiden Co.,Ltd. announced that they will report fiscal year 2025 results on May 08, 2025
Declared Dividend • Dec 30First half dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 28th March 2025 Payment date: 30th May 2025 Dividend yield will be 73%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 30Ibiden Co.,Ltd. to Report Q3, 2025 Results on Feb 04, 2025Ibiden Co.,Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025
Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥83.81 (vs JP¥75.91 in 2Q 2024)Second quarter 2025 results: EPS: JP¥83.81 (up from JP¥75.91 in 2Q 2024). Revenue: JP¥93.4b (flat on 2Q 2024). Net income: JP¥11.7b (up 10% from 2Q 2024). Profit margin: 13% (up from 11% in 2Q 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 27 November 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.7%).
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €26.20, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Electronic industry in Germany. Total loss to shareholders of 47% over the past three years.
お知らせ • Aug 27Ibiden Co.,Ltd. to Report Q2, 2025 Results on Oct 31, 2024Ibiden Co.,Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €32.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Electronic industry in Germany. Total loss to shareholders of 20% over the past three years.
Reported Earnings • Aug 05First quarter 2025 earnings released: EPS: JP¥63.10 (vs JP¥52.19 in 1Q 2024)First quarter 2025 results: EPS: JP¥63.10 (up from JP¥52.19 in 1Q 2024). Revenue: JP¥88.2b (down 6.7% from 1Q 2024). Net income: JP¥8.82b (up 21% from 1Q 2024). Profit margin: 10.0% (up from 7.7% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
Declared Dividend • Jul 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 27th November 2024 Dividend yield will be 53%, which is higher than the industry average of 1.4%. Payout Ratios Payout ratio: 18%. Cash payout ratio: 10%.
Reported Earnings • Jun 17Full year 2024 earnings released: EPS: JP¥225 (vs JP¥374 in FY 2023)Full year 2024 results: EPS: JP¥225 (down from JP¥374 in FY 2023). Revenue: JP¥370.5b (down 11% from FY 2023). Net income: JP¥31.5b (down 40% from FY 2023). Profit margin: 8.5% (down from 13% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Jun 06Ibiden Co.,Ltd. to Report Q1, 2025 Results on Aug 02, 2024Ibiden Co.,Ltd. announced that they will report Q1, 2025 results on Aug 02, 2024
Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €37.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Electronic industry in Germany. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €68.70 per share.
Board Change • May 09High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Substitute Outside Director Shogo Komori was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
New Risk • May 03New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.5% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.5%).
お知らせ • Mar 02Ibiden Co.,Ltd. to Report Fiscal Year 2024 Results on May 01, 2024Ibiden Co.,Ltd. announced that they will report fiscal year 2024 results on May 01, 2024
Reported Earnings • Feb 03Third quarter 2024 earnings released: EPS: JP¥68.03 (vs JP¥87.67 in 3Q 2023)Third quarter 2024 results: EPS: JP¥68.03 (down from JP¥87.67 in 3Q 2023). Revenue: JP¥92.5b (down 10% from 3Q 2023). Net income: JP¥9.50b (down 22% from 3Q 2023). Profit margin: 10% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 02Ibiden Co.,Ltd., Annual General Meeting, Jun 13, 2024Ibiden Co.,Ltd., Annual General Meeting, Jun 13, 2024. Agenda: To consider the changes in the Positions of President & CEO, Representative Director.
Buy Or Sell Opportunity • Feb 01Now 20% undervaluedOver the last 90 days, the stock has risen 12% to €45.80. The fair value is estimated to be €57.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.
お知らせ • Nov 29Ibiden Co.,Ltd. to Report Q3, 2024 Results on Feb 01, 2024Ibiden Co.,Ltd. announced that they will report Q3, 2024 results on Feb 01, 2024
Buying Opportunity • Nov 29Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be €53.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 23% per annum over the same time period.
Reported Earnings • Oct 28Second quarter 2024 earnings released: EPS: JP¥75.91 (vs JP¥130 in 2Q 2023)Second quarter 2024 results: EPS: JP¥75.91 (down from JP¥130 in 2Q 2023). Revenue: JP¥93.0b (down 19% from 2Q 2023). Net income: JP¥10.6b (down 41% from 2Q 2023). Profit margin: 11% (down from 16% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Oct 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €57.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥20.00 per share at 0.5% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 November 2023. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.5%).
お知らせ • Aug 27Ibiden Co.,Ltd. to Report Q2, 2024 Results on Oct 26, 2023Ibiden Co.,Ltd. announced that they will report Q2, 2024 results on Oct 26, 2023
New Risk • Aug 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).
Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥52.18 (vs JP¥98.23 in 1Q 2023)First quarter 2024 results: EPS: JP¥52.18 (down from JP¥98.23 in 1Q 2023). Revenue: JP¥94.6b (down 3.8% from 1Q 2023). Net income: JP¥7.29b (down 47% from 1Q 2023). Profit margin: 7.7% (down from 14% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 18Full year 2023 earnings released: EPS: JP¥374 (vs JP¥295 in FY 2022)Full year 2023 results: EPS: JP¥374 (up from JP¥295 in FY 2022). Revenue: JP¥417.5b (up 4.1% from FY 2022). Net income: JP¥52.2b (up 27% from FY 2022). Profit margin: 13% (up from 10% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
お知らせ • May 28Ibiden Co.,Ltd. to Report Q1, 2024 Results on Aug 02, 2023Ibiden Co.,Ltd. announced that they will report Q1, 2024 results on Aug 02, 2023
Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €49.20, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Electronic industry in Germany. Total returns to shareholders of 116% over the past three years.
Reported Earnings • May 03Full year 2023 earnings released: EPS: JP¥374 (vs JP¥295 in FY 2022)Full year 2023 results: EPS: JP¥374 (up from JP¥295 in FY 2022). Revenue: JP¥417.5b (up 4.1% from FY 2022). Net income: JP¥52.2b (up 27% from FY 2022). Profit margin: 13% (up from 10% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 0.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 02 June 2023. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.0%).
Buying Opportunity • Feb 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €40.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 47%. For the next 3 years, revenue is forecast to grow by 9.9% per annum. Earnings is also forecast to grow by 14% per annum over the same time period.
Reported Earnings • Feb 04Third quarter 2023 earnings released: EPS: JP¥87.67 (vs JP¥109 in 3Q 2022)Third quarter 2023 results: EPS: JP¥87.67 (down from JP¥109 in 3Q 2022). Revenue: JP¥103.1b (flat on 3Q 2022). Net income: JP¥12.2b (down 19% from 3Q 2022). Profit margin: 12% (down from 15% in 3Q 2022). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 29Ibiden Co.,Ltd. to Report Q3, 2023 Results on Feb 02, 2023Ibiden Co.,Ltd. announced that they will report Q3, 2023 results on Feb 02, 2023
お知らせ • Dec 18Guangzhou Fastprint Investment Co., Ltd. agreed to acquire Ibiden Electronics (Beijing)Co.,Ltd. from Ibiden Co.,Ltd. (TSE:4062) for ¥17.7 billion.Guangzhou Fastprint Investment Co., Ltd. agreed to acquire Ibiden Electronics (Beijing)Co.,Ltd. from Ibiden Co.,Ltd. (TSE:4062) for ¥17.7 billion on December 16, 2022. As on December 31, 2021, Ibiden Electronics (Beijing)Co.,Ltd. generated equity of ¥1.2 billion, total assets of ¥1.4 billion, net sales of ¥879 million, operating loss of ¥46 million and net loss of ¥54 million. The transaction is expected to close on March 31, 2023.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 19% share price gain to €38.40, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 92% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €27.85 per share.
Reported Earnings • Oct 28Second quarter 2023 earnings released: EPS: JP¥130 (vs JP¥90.89 in 2Q 2022)Second quarter 2023 results: EPS: JP¥130 (up from JP¥90.89 in 2Q 2022). Revenue: JP¥115.3b (up 11% from 2Q 2022). Net income: JP¥18.1b (up 43% from 2Q 2022). Profit margin: 16% (up from 12% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 25 November 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.2%).
Reported Earnings • Aug 03First quarter 2023 earnings released: EPS: JP¥98.23 (vs JP¥68.51 in 1Q 2022)First quarter 2023 results: EPS: JP¥98.23 (up from JP¥68.51 in 1Q 2022). Revenue: JP¥98.3b (up 6.5% from 1Q 2022). Net income: JP¥13.7b (up 43% from 1Q 2022). Profit margin: 14% (up from 10% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.4%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 30Ibiden Co.,Ltd. to Report Q1, 2023 Results on Aug 02, 2022Ibiden Co.,Ltd. announced that they will report Q1, 2023 results on Aug 02, 2022
Reported Earnings • Jun 22Full year 2022 earnings released: EPS: JP¥295 (vs JP¥184 in FY 2021)Full year 2022 results: EPS: JP¥295 (up from JP¥184 in FY 2021). Revenue: JP¥401.1b (up 24% from FY 2021). Net income: JP¥41.2b (up 60% from FY 2021). Profit margin: 10% (up from 7.9% in FY 2021). Over the next year, revenue is forecast to grow 7.2%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €26.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 19x in the Electronic industry in Germany. Total returns to shareholders of 83% over the past three years.
Reported Earnings • Apr 29Full year 2022 earnings released: EPS: JP¥295 (vs JP¥184 in FY 2021)Full year 2022 results: EPS: JP¥295 (up from JP¥184 in FY 2021). Revenue: JP¥401.1b (up 24% from FY 2021). Net income: JP¥41.2b (up 60% from FY 2021). Profit margin: 10% (up from 7.9% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.8%, compared to a 26% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 02Ibiden Co.,Ltd. to Report Fiscal Year 2022 Results on Apr 27, 2022Ibiden Co.,Ltd. announced that they will report fiscal year 2022 results on Apr 27, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 02 June 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.6%). In line with average of industry peers (0.7%).
Reported Earnings • Feb 06Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥109 (up from JP¥69.53 in 3Q 2021). Revenue: JP¥103.4b (up 21% from 3Q 2021). Net income: JP¥15.2b (up 56% from 3Q 2021). Profit margin: 15% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 9.4%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 30Second quarter 2022 earnings released: EPS JP¥90.89 (vs JP¥50.73 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥103.5b (up 31% from 2Q 2021). Net income: JP¥12.7b (up 79% from 2Q 2021). Profit margin: 12% (up from 9.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% 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 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 25 November 2021. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (0.7%).
Reported Earnings • Aug 05First quarter 2022 earnings released: EPS JP¥68.51 (vs JP¥32.89 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥92.3b (up 42% from 1Q 2021). Net income: JP¥9.57b (up 108% from 1Q 2021). Profit margin: 10% (up from 7.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year whereas the company’s share price has increased by 53% per year.
Reported Earnings • Jun 24Full year 2021 earnings released: EPS JP¥184 (vs JP¥81.08 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥323.5b (up 9.3% from FY 2020). Net income: JP¥25.7b (up 127% from FY 2020). Profit margin: 7.9% (up from 3.8% in FY 2020). Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 47% per year.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥37.80, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 26x in the Electronic industry in Germany. Total returns to shareholders of 200% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €41.85 per share.
Reported Earnings • Apr 29Full year 2021 earnings released: EPS JP¥184 (vs JP¥81.08 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥323.5b (up 9.3% from FY 2020). Net income: JP¥25.7b (up 127% from FY 2020). Profit margin: 7.9% (up from 3.8% in FY 2020). Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year.
Upcoming Dividend • Mar 24Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 02 June 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (0.5%).
お知らせ • Mar 04Ibiden Co.,Ltd. to Report Fiscal Year 2021 Results on Apr 27, 2021Ibiden Co.,Ltd. announced that they will report fiscal year 2021 results on Apr 27, 2021
Is New 90 Day High Low • Feb 25New 90-day low: €33.80The company is down 13% from its price of €38.80 on 27 November 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.24 per share.
Reported Earnings • Feb 06Third quarter 2021 earnings released: EPS JP¥69.53 (vs JP¥30.67 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥85.8b (up 18% from 3Q 2020). Net income: JP¥9.72b (up 127% from 3Q 2020). Profit margin: 11% (up from 5.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 06Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 15%, compared to a 23% growth forecast for the Electronic industry in Germany.
Valuation Update With 7 Day Price Move • Nov 27Market bids up stock over the past weekAfter last week's 17% share price gain to JP¥40.80, the stock is trading at a trailing P/E ratio of 36.2x, up from the previous P/E ratio of 30.9x. This compares to an average P/E of 30x in the Electronic industry in Germany. Total returns to shareholders over the past three years are 225%.
Is New 90 Day High Low • Nov 25New 90-day high: €36.20The company is up 33% from its price of €27.20 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.06 per share.
Reported Earnings • Oct 30First half earnings releasedOver the last 12 months the company has reported total profits of JP¥19.1b, with earnings increasing by JP¥17.3b from the prior year. Total revenue was JP¥295.6b over the last 12 months, up 1.5% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 30Semi-annual earnings released: Revenue beats expectationsSemi-annual revenue exceeded analyst estimates by 9.7% at JP¥144.0b. Revenue is forecast to grow 12% over the next year, compared to a 23% growth forecast for the Electronic industry in Germany.
Is New 90 Day High Low • Oct 30New 90-day high: €35.40The company is up 58% from its price of €22.40 on 31 July 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €42.03 per share.
Is New 90 Day High Low • Oct 08New 90-day high: €29.00The company is up 14% from its price of €25.40 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.91 per share.
Is New 90 Day High Low • Sep 18New 90-day high: €28.80The company is up 16% from its price of €24.80 on 19 June 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €41.22 per share.
お知らせ • Aug 30Ibiden Co.,Ltd. to Report Q2, 2021 Results on Oct 28, 2020Ibiden Co.,Ltd. announced that they will report Q2, 2021 results on Oct 28, 2020