View ValuationPenta-Ocean Construction 향후 성장Future 기준 점검 1/6Penta-Ocean Construction (는) 각각 연간 5.5% 및 3.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 6.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 18.4% 로 예상됩니다.핵심 정보5.5%이익 성장률6.69%EPS 성장률Construction 이익 성장11.0%매출 성장률3.5%향후 자기자본이익률18.37%애널리스트 커버리지Good마지막 업데이트07 Jul 2026최근 향후 성장 업데이트공고 • Feb 09Penta-Ocean Construction Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Penta-Ocean Construction Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales to be JPY 610,000 million, operating profit to be JPY 34,000 million, net income attributable to owners of parent to be JPY 22,000 million or JPY 77.20 per share.모든 업데이트 보기Recent updates공고 • Jul 02Penta-Ocean Construction Co., Ltd. to Report Q1, 2027 Results on Aug 07, 2026Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026Buy Or Sell Opportunity • Jun 15Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 1.5% to €9.85. The fair value is estimated to be €7.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.85, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Construction industry in Europe. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.94 per share.New Risk • Jun 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks High level of debt (62% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change).Buy Or Sell Opportunity • May 25Now 25% overvaluedOver the last 90 days, the stock has fallen 14% to €9.55. The fair value is estimated to be €7.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 4.8% per annum over the same time period.Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hiroshi Hayashida 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.공고 • May 08+ 2 more updatesPenta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2026Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2026.공고 • Jan 08Penta-Ocean Construction Co., Ltd. to Report Q3, 2026 Results on Feb 09, 2026Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2026 results on Feb 09, 2026Declared Dividend • Dec 30First half dividend of JP¥17.00 announcedShareholders will receive a dividend of JP¥17.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 201%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% 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.Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hiroshi Hayashida 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.공고 • Nov 09Penta-Ocean Construction Co., Ltd. (TSE:1893) announces an Equity Buyback for 4,500,000 shares, representing 1.63% for ¥5,000 million.Penta-Ocean Construction Co., Ltd. (TSE:1893) announces a share repurchase program. Under the program, the company will repurchase up to 4,500,000 shares, representing 1.63% of its issued share capital (excluding treasury stock), for a total purchase price of ¥5,000 million. The purpose of the program is to strengthen the management base for the future by strengthening the capital, improve profitability and increase the corporate value by investing in growth, such as in technological development and capital investment, and to provide continuous and stable dividends to shareholders, as well as to enhance shareholder returns and improve capital efficiency. The program will continue through March 31, 2025. As of September 30, 2025, the company had 276,240,794 issued shares (excluding treasury stock) and 9,773,116 treasury shares.공고 • Oct 08Penta-Ocean Construction Co., Ltd. to Report Q2, 2026 Results on Nov 07, 2025Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025공고 • Jul 08Penta-Ocean Construction Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025공고 • May 09Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2025Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2025.공고 • Apr 05Penta-Ocean Construction Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Penta-Ocean Construction Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025공고 • Mar 24Penta-Ocean Construction Co., Ltd.(TSE:1893) dropped from FTSE All-World Index (USD)Penta-Ocean Construction Co., Ltd.(TSE:1893) dropped from FTSE All-World Index (USD)공고 • Jan 17Penta-Ocean Construction Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025Reported Earnings • Nov 10Second quarter 2025 earnings released: EPS: JP¥16.53 (vs JP¥14.13 in 2Q 2024)Second quarter 2025 results: EPS: JP¥16.53 (up from JP¥14.13 in 2Q 2024). Revenue: JP¥173.7b (up 15% from 2Q 2024). Net income: JP¥4.66b (up 16% from 2Q 2024). Profit margin: 2.7% (in line with 2Q 2024). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.공고 • Oct 06Penta-Ocean Construction Co., Ltd. to Report Q2, 2025 Results on Nov 07, 2024Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2025 results on Nov 07, 2024Reported Earnings • Aug 08First quarter 2025 earnings released: EPS: JP¥18.40 (vs JP¥16.75 in 1Q 2024)First quarter 2025 results: EPS: JP¥18.40 (up from JP¥16.75 in 1Q 2024). Revenue: JP¥154.3b (up 21% from 1Q 2024). Net income: JP¥5.22b (up 9.3% from 1Q 2024). Profit margin: 3.4% (down from 3.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.공고 • Jul 05Penta-Ocean Construction Co., Ltd. to Report Q1, 2025 Results on Aug 06, 2024Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €3.80, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Construction industry in Europe. Total loss to shareholders of 28% over the past three years.Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥62.72 (vs JP¥2.40 in FY 2023)Full year 2024 results: EPS: JP¥62.72 (up from JP¥2.40 in FY 2023). Revenue: JP¥617.7b (up 23% from FY 2023). Net income: JP¥17.9b (up JP¥17.2b from FY 2023). Profit margin: 2.9% (up from 0.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.공고 • May 12+ 1 more updatePenta-Ocean Construction Co., Ltd. (TSE:1893) announces an Equity Buyback for 3,300,000 shares, representing 1.16% for ¥2,000 million.Penta-Ocean Construction Co., Ltd. (TSE:1893) announces a share repurchase program. Under the program, the company will repurchase up to 3,300,000 shares, representing 1.16% of its issued share capital (excluding treasury stock), for a total purchase price of ¥2,000 million. The purpose of the program is to strengthen the management base for the future by strengthening the capital, improve profitability and increase the corporate value by investing in growth, such as in technological development and capital investment, and to provide continuous and stable dividends to shareholders, as well as to enhance shareholder returns and improve capital efficiency. The program will continue through August 30, 2024. As of March 31, 2024, the company had 284,856,749 issued shares (excluding treasury stock) and 945,400 treasury shares.공고 • Mar 28Penta-Ocean Construction Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Penta-Ocean Construction Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%).Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥14.40 (vs JP¥42.37 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥14.40 (up from JP¥42.37 loss in 3Q 2023). Revenue: JP¥157.2b (up 32% from 3Q 2023). Net income: JP¥4.10b (up JP¥16.2b from 3Q 2023). Profit margin: 2.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.공고 • Feb 09Penta-Ocean Construction Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Penta-Ocean Construction Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales to be JPY 610,000 million, operating profit to be JPY 34,000 million, net income attributable to owners of parent to be JPY 22,000 million or JPY 77.20 per share.공고 • Dec 13Penta-Ocean Construction Co., Ltd. to Report Q3, 2024 Results on Feb 08, 2024Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024Buying Opportunity • Nov 14Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 6.3%. The fair value is estimated to be €6.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 69%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings is also forecast to grow by 23% per annum over the same time period.New Risk • Nov 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Dividend is not well covered by earnings (147% payout ratio). Profit margins are more than 30% lower than last year (0.8% net profit margin).Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥14.13 (vs JP¥5.55 in 2Q 2023)Second quarter 2024 results: EPS: JP¥14.13 (up from JP¥5.55 in 2Q 2023). Revenue: JP¥151.3b (up 26% from 2Q 2023). Net income: JP¥4.03b (up 155% from 2Q 2023). Profit margin: 2.7% (up from 1.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Construction industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.공고 • Sep 29Penta-Ocean Construction Co., Ltd. to Report Q2, 2024 Final Results on Nov 09, 2023Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2024 final results on Nov 09, 2023Reported Earnings • Aug 03First quarter 2024 earnings released: EPS: JP¥16.75 (vs JP¥11.35 in 1Q 2023)First quarter 2024 results: EPS: JP¥16.75 (up from JP¥11.35 in 1Q 2023). Revenue: JP¥127.3b (up 19% from 1Q 2023). Net income: JP¥4.78b (up 48% from 1Q 2023). Profit margin: 3.8% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Construction industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.공고 • Jun 01Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 27, 2023Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 27, 2023, at 10:00 Tokyo Standard Time. Location: Conference Room, 11th Floor 2-8 Koraku 2-chome, Bunkyo-ku Tokyo Japan Agenda: To consider the Business Report, the Consolidated Financial Statements, and the audit results of the Consolidated Financial Statements by the Accounting Auditor and the Audit and Supervisory Board for the 73rd Fiscal Year (from April 1, 2022, to March 31, 2023); to consier the Non-consolidated Financial Statements for the 73rd Fiscal Year (from April 1, 2022, to March 31, 2023); to consider the appropriation of Retained Earnings; and to consider the election of Ten (10) Members of the Board.Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥2.40 (vs JP¥37.72 in FY 2022)Full year 2023 results: EPS: JP¥2.40 (down from JP¥37.72 in FY 2022). Revenue: JP¥502.2b (up 9.6% from FY 2022). Net income: JP¥684.0m (down 94% from FY 2022). Profit margin: 0.1% (down from 2.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공고 • May 13+ 3 more updatesPenta-Ocean Construction Co., Ltd. Provides Dividend Guidance for the Fiscal Year 2024Penta-Ocean Construction Co., Ltd. provides dividend guidance for the fiscal year 2024. The company expects to pay JPY 24.00 against JPY 24.00 reported a year ago.Upcoming Dividend • Mar 23Upcoming dividend of JP¥24.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.8%).Reported Earnings • Feb 12Third quarter 2023 earnings released: JP¥42.37 loss per share (vs JP¥2.05 profit in 3Q 2022)Third quarter 2023 results: JP¥42.37 loss per share (down from JP¥2.05 profit in 3Q 2022). Revenue: JP¥119.5b (up 2.6% from 3Q 2022). Net loss: JP¥12.1b (down JP¥12.7b from profit in 3Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.공고 • Jan 09Penta-Ocean Construction Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Mina Sekiguchi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥5.55 (vs JP¥13.53 in 2Q 2022)Second quarter 2023 results: EPS: JP¥5.55 (down from JP¥13.53 in 2Q 2022). Revenue: JP¥120.5b (up 8.4% from 2Q 2022). Net income: JP¥1.58b (down 59% from 2Q 2022). Profit margin: 1.3% (down from 3.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공고 • Sep 28Penta-Ocean Construction Co., Ltd. to Report Q2, 2023 Results on Nov 10, 2022Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥11.35 (vs JP¥15.96 in 1Q 2022)First quarter 2023 results: EPS: JP¥11.35 (down from JP¥15.96 in 1Q 2022). Revenue: JP¥107.2b (up 8.3% from 1Q 2022). Net income: JP¥3.24b (down 29% from 1Q 2022). Profit margin: 3.0% (down from 4.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 12%, compared to a 5.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.공고 • Jun 29Penta-Ocean Construction Co., Ltd. to Report Q1, 2023 Results on Aug 04, 2022Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2023 results on Aug 04, 2022Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥37.72 (vs JP¥73.62 in FY 2021)Full year 2022 results: EPS: JP¥37.72 (down from JP¥73.62 in FY 2021). Revenue: JP¥458.2b (down 2.7% from FY 2021). Net income: JP¥10.8b (down 49% from FY 2021). Profit margin: 2.3% (down from 4.5% in FY 2021). Over the next year, revenue is forecast to grow 27%, compared to a 6.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공고 • May 15Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2022Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hokuto Nakano was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공고 • Apr 07Penta-Ocean Construction Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Penta-Ocean Construction Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.6%). In line with average of industry peers (3.8%).Buying Opportunity • Mar 09Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be JP¥5.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.공고 • Feb 11+ 1 more updatePenta-Ocean Construction Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2022Penta-Ocean Construction Co., Ltd. provided dividend guidance for the year ending March 31, 2022. For the year, the company expects to pay dividend of ¥23.00 per share.Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥2.05 (down from JP¥15.85 in 3Q 2021). Revenue: JP¥116.5b (up 1.3% from 3Q 2021). Net income: JP¥585.0m (down 87% from 3Q 2021). Profit margin: 0.5% (down from 3.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 17%, compared to a 10% growth forecast for the 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 increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Nov 11Second quarter 2022 earnings released: EPS JP¥13.53 (vs JP¥15.91 in 2Q 2021)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥111.2b (down 1.2% from 2Q 2021). Net income: JP¥3.86b (down 15% from 2Q 2021). Profit margin: 3.5% (down from 4.0% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year.Reported Earnings • Aug 05First quarter 2022 earnings released: EPS JP¥15.96 (vs JP¥20.86 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥99.0b (down 14% from 1Q 2021). Net income: JP¥4.55b (down 24% from 1Q 2021). Profit margin: 4.6% (down from 5.2% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year.Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥73.62 (vs JP¥81.83 in FY 2020)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥471.1b (down 18% from FY 2020). Net income: JP¥21.0b (down 10% from FY 2020). Profit margin: 4.5% (up from 4.1% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.3%).Is New 90 Day High Low • Feb 25New 90-day low: €5.95The company is down 2.0% from its price of €6.05 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.99 per share.Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥15.85 (vs JP¥20.32 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥114.9b (down 19% from 3Q 2020). Net income: JP¥4.52b (down 22% from 3Q 2020). Profit margin: 3.9% (down from 4.1% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.Analyst Estimate Surprise Post Earnings • Feb 11Revenue misses expectationsRevenue missed analyst estimates by 7.4%. Over the next year, revenue is forecast to grow 11%, compared to a 5.6% growth forecast for the Construction industry in Germany.Is New 90 Day High Low • Jan 22New 90-day high: €7.45The company is up 42% from its price of €5.25 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.78 per share.Is New 90 Day High Low • Jan 06New 90-day high: €7.35The company is up 39% from its price of €5.30 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.27 per share.공고 • Dec 17Penta-Ocean Construction Co., Ltd. to Report Q3, 2021 Results on Feb 09, 2021Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2021 results on Feb 09, 2021Is New 90 Day High Low • Dec 07New 90-day high: €6.60The company is up 23% from its price of €5.35 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.04 per share.Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectationsRevenue exceeded analyst estimates by 0.04%. Over the next year, revenue is forecast to grow 3.4%, compared to a 1.3% growth forecast for the Construction industry in Germany.Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥15.91The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥112.6b (down 25% from 2Q 2020). Net income: JP¥4.54b (down 26% from 2Q 2020). Profit margin: 4.0% (down from 4.1% in 2Q 2020). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Nov 06New 90-day high: €5.75The company is up 18% from its price of €4.86 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction 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 €8.74 per share.Is New 90 Day High Low • Sep 28New 90-day high: €5.65The company is up 21% from its price of €4.66 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.17 per share.공고 • Sep 23Penta-Ocean Construction Co., Ltd. to Report Q2, 2021 Results on Nov 09, 2020Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020공고 • Jun 19Penta-Ocean Construction Co., Ltd. to Report Q1, 2021 Results on Aug 04, 2020Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2021 results on Aug 04, 2020이익 및 매출 성장 예측DB:PO6 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2029879,57140,78627,75045,83673/31/2028848,57138,92919,15044,06973/31/2027811,71436,42922,40041,35273/31/2026794,30634,692-27,55068,392N/A12/31/2025792,48732,322N/AN/AN/A9/30/2025778,41019,708-135,553-63,658N/A6/30/2025747,28314,137N/AN/AN/A3/31/2025727,49112,460-61,482-23,331N/A12/31/2024697,94314,109N/AN/AN/A9/30/2024667,19418,955-10,2771,247N/A6/30/2024644,78318,319N/AN/AN/A3/31/2024617,70817,875-1,7489,139N/A12/31/2023590,78920,854N/AN/AN/A9/30/2023553,0984,670-30,226-21,160N/A6/30/2023522,3042,225N/AN/AN/A3/31/2023502,2066849,57519,689N/A12/31/2022478,832-5,501N/AN/AN/A9/30/2022475,7627,167-22,555-9,447N/A6/30/2022466,4449,440N/AN/AN/A3/31/2022458,23110,753-16,344-7,687N/A12/31/2021455,37414,976N/AN/AN/A9/30/2021453,84018,909-7456,812N/A6/30/2021455,21819,590N/AN/AN/A3/31/2021471,05820,99319,64930,690N/A12/31/2020479,55920,488N/AN/AN/A9/30/2020505,97421,76939,31950,746N/A6/30/2020543,88823,387N/AN/AN/A3/31/2020573,84223,352-5,2924,444N/A12/31/2019592,87223,552N/AN/AN/A9/30/2019592,69520,120N/A-20,143N/A6/30/2019570,30719,698N/AN/AN/A3/31/2019541,94918,899N/A-6,557N/A12/31/2018534,72816,504N/AN/AN/A9/30/2018520,58418,793N/A-36,812N/A6/30/2018519,89517,886N/AN/AN/A3/31/2018526,90217,826N/A3,445N/A12/31/2017515,28319,385N/AN/AN/A9/30/2017509,93818,387N/A60,764N/A6/30/2017503,20915,647N/AN/AN/A3/31/2017500,33615,271N/A31,293N/A12/31/2016492,38511,733N/AN/AN/A9/30/2016503,92010,092N/A18,206N/A6/30/2016504,2749,954N/AN/AN/A3/31/2016491,5647,805N/A55,202N/A12/31/2015500,6288,541N/AN/AN/A9/30/2015471,9818,657N/A27,127N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: PO6 의 연간 예상 수익 증가율(5.5%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: PO6 의 연간 수익(5.5%)이 German 시장(16.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: PO6 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: PO6 의 수익(연간 3.5%)이 German 시장(연간 6.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: PO6 의 수익(연간 3.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: PO6의 자본 수익률은 3년 후 18.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/15 16:05종가2026/07/15 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Penta-Ocean Construction Co., Ltd.는 9명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hideaki TeraokaDaiwa Securities Co. Ltd.null nullDaiwa Securities Co. Ltd.Yoko MizoguchiIchiyoshi Research Institute Inc.6명의 분석가 더 보기
공고 • Feb 09Penta-Ocean Construction Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Penta-Ocean Construction Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales to be JPY 610,000 million, operating profit to be JPY 34,000 million, net income attributable to owners of parent to be JPY 22,000 million or JPY 77.20 per share.
공고 • Jul 02Penta-Ocean Construction Co., Ltd. to Report Q1, 2027 Results on Aug 07, 2026Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026
Buy Or Sell Opportunity • Jun 15Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 1.5% to €9.85. The fair value is estimated to be €7.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.85, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Construction industry in Europe. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.94 per share.
New Risk • Jun 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks High level of debt (62% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change).
Buy Or Sell Opportunity • May 25Now 25% overvaluedOver the last 90 days, the stock has fallen 14% to €9.55. The fair value is estimated to be €7.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 4.8% per annum over the same time period.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hiroshi Hayashida 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.
공고 • May 08+ 2 more updatesPenta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2026Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2026.
공고 • Jan 08Penta-Ocean Construction Co., Ltd. to Report Q3, 2026 Results on Feb 09, 2026Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2026 results on Feb 09, 2026
Declared Dividend • Dec 30First half dividend of JP¥17.00 announcedShareholders will receive a dividend of JP¥17.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 201%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% 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.
Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hiroshi Hayashida 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.
공고 • Nov 09Penta-Ocean Construction Co., Ltd. (TSE:1893) announces an Equity Buyback for 4,500,000 shares, representing 1.63% for ¥5,000 million.Penta-Ocean Construction Co., Ltd. (TSE:1893) announces a share repurchase program. Under the program, the company will repurchase up to 4,500,000 shares, representing 1.63% of its issued share capital (excluding treasury stock), for a total purchase price of ¥5,000 million. The purpose of the program is to strengthen the management base for the future by strengthening the capital, improve profitability and increase the corporate value by investing in growth, such as in technological development and capital investment, and to provide continuous and stable dividends to shareholders, as well as to enhance shareholder returns and improve capital efficiency. The program will continue through March 31, 2025. As of September 30, 2025, the company had 276,240,794 issued shares (excluding treasury stock) and 9,773,116 treasury shares.
공고 • Oct 08Penta-Ocean Construction Co., Ltd. to Report Q2, 2026 Results on Nov 07, 2025Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025
공고 • Jul 08Penta-Ocean Construction Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025
공고 • May 09Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2025Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2025.
공고 • Apr 05Penta-Ocean Construction Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Penta-Ocean Construction Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025
공고 • Mar 24Penta-Ocean Construction Co., Ltd.(TSE:1893) dropped from FTSE All-World Index (USD)Penta-Ocean Construction Co., Ltd.(TSE:1893) dropped from FTSE All-World Index (USD)
공고 • Jan 17Penta-Ocean Construction Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025
Reported Earnings • Nov 10Second quarter 2025 earnings released: EPS: JP¥16.53 (vs JP¥14.13 in 2Q 2024)Second quarter 2025 results: EPS: JP¥16.53 (up from JP¥14.13 in 2Q 2024). Revenue: JP¥173.7b (up 15% from 2Q 2024). Net income: JP¥4.66b (up 16% from 2Q 2024). Profit margin: 2.7% (in line with 2Q 2024). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
공고 • Oct 06Penta-Ocean Construction Co., Ltd. to Report Q2, 2025 Results on Nov 07, 2024Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2025 results on Nov 07, 2024
Reported Earnings • Aug 08First quarter 2025 earnings released: EPS: JP¥18.40 (vs JP¥16.75 in 1Q 2024)First quarter 2025 results: EPS: JP¥18.40 (up from JP¥16.75 in 1Q 2024). Revenue: JP¥154.3b (up 21% from 1Q 2024). Net income: JP¥5.22b (up 9.3% from 1Q 2024). Profit margin: 3.4% (down from 3.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
공고 • Jul 05Penta-Ocean Construction Co., Ltd. to Report Q1, 2025 Results on Aug 06, 2024Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €3.80, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Construction industry in Europe. Total loss to shareholders of 28% over the past three years.
Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥62.72 (vs JP¥2.40 in FY 2023)Full year 2024 results: EPS: JP¥62.72 (up from JP¥2.40 in FY 2023). Revenue: JP¥617.7b (up 23% from FY 2023). Net income: JP¥17.9b (up JP¥17.2b from FY 2023). Profit margin: 2.9% (up from 0.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
공고 • May 12+ 1 more updatePenta-Ocean Construction Co., Ltd. (TSE:1893) announces an Equity Buyback for 3,300,000 shares, representing 1.16% for ¥2,000 million.Penta-Ocean Construction Co., Ltd. (TSE:1893) announces a share repurchase program. Under the program, the company will repurchase up to 3,300,000 shares, representing 1.16% of its issued share capital (excluding treasury stock), for a total purchase price of ¥2,000 million. The purpose of the program is to strengthen the management base for the future by strengthening the capital, improve profitability and increase the corporate value by investing in growth, such as in technological development and capital investment, and to provide continuous and stable dividends to shareholders, as well as to enhance shareholder returns and improve capital efficiency. The program will continue through August 30, 2024. As of March 31, 2024, the company had 284,856,749 issued shares (excluding treasury stock) and 945,400 treasury shares.
공고 • Mar 28Penta-Ocean Construction Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Penta-Ocean Construction Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%).
Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥14.40 (vs JP¥42.37 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥14.40 (up from JP¥42.37 loss in 3Q 2023). Revenue: JP¥157.2b (up 32% from 3Q 2023). Net income: JP¥4.10b (up JP¥16.2b from 3Q 2023). Profit margin: 2.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
공고 • Feb 09Penta-Ocean Construction Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Penta-Ocean Construction Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales to be JPY 610,000 million, operating profit to be JPY 34,000 million, net income attributable to owners of parent to be JPY 22,000 million or JPY 77.20 per share.
공고 • Dec 13Penta-Ocean Construction Co., Ltd. to Report Q3, 2024 Results on Feb 08, 2024Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024
Buying Opportunity • Nov 14Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 6.3%. The fair value is estimated to be €6.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 69%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings is also forecast to grow by 23% per annum over the same time period.
New Risk • Nov 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Dividend is not well covered by earnings (147% payout ratio). Profit margins are more than 30% lower than last year (0.8% net profit margin).
Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥14.13 (vs JP¥5.55 in 2Q 2023)Second quarter 2024 results: EPS: JP¥14.13 (up from JP¥5.55 in 2Q 2023). Revenue: JP¥151.3b (up 26% from 2Q 2023). Net income: JP¥4.03b (up 155% from 2Q 2023). Profit margin: 2.7% (up from 1.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Construction industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
공고 • Sep 29Penta-Ocean Construction Co., Ltd. to Report Q2, 2024 Final Results on Nov 09, 2023Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2024 final results on Nov 09, 2023
Reported Earnings • Aug 03First quarter 2024 earnings released: EPS: JP¥16.75 (vs JP¥11.35 in 1Q 2023)First quarter 2024 results: EPS: JP¥16.75 (up from JP¥11.35 in 1Q 2023). Revenue: JP¥127.3b (up 19% from 1Q 2023). Net income: JP¥4.78b (up 48% from 1Q 2023). Profit margin: 3.8% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Construction industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
공고 • Jun 01Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 27, 2023Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 27, 2023, at 10:00 Tokyo Standard Time. Location: Conference Room, 11th Floor 2-8 Koraku 2-chome, Bunkyo-ku Tokyo Japan Agenda: To consider the Business Report, the Consolidated Financial Statements, and the audit results of the Consolidated Financial Statements by the Accounting Auditor and the Audit and Supervisory Board for the 73rd Fiscal Year (from April 1, 2022, to March 31, 2023); to consier the Non-consolidated Financial Statements for the 73rd Fiscal Year (from April 1, 2022, to March 31, 2023); to consider the appropriation of Retained Earnings; and to consider the election of Ten (10) Members of the Board.
Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥2.40 (vs JP¥37.72 in FY 2022)Full year 2023 results: EPS: JP¥2.40 (down from JP¥37.72 in FY 2022). Revenue: JP¥502.2b (up 9.6% from FY 2022). Net income: JP¥684.0m (down 94% from FY 2022). Profit margin: 0.1% (down from 2.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공고 • May 13+ 3 more updatesPenta-Ocean Construction Co., Ltd. Provides Dividend Guidance for the Fiscal Year 2024Penta-Ocean Construction Co., Ltd. provides dividend guidance for the fiscal year 2024. The company expects to pay JPY 24.00 against JPY 24.00 reported a year ago.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥24.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.8%).
Reported Earnings • Feb 12Third quarter 2023 earnings released: JP¥42.37 loss per share (vs JP¥2.05 profit in 3Q 2022)Third quarter 2023 results: JP¥42.37 loss per share (down from JP¥2.05 profit in 3Q 2022). Revenue: JP¥119.5b (up 2.6% from 3Q 2022). Net loss: JP¥12.1b (down JP¥12.7b from profit in 3Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
공고 • Jan 09Penta-Ocean Construction Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Mina Sekiguchi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥5.55 (vs JP¥13.53 in 2Q 2022)Second quarter 2023 results: EPS: JP¥5.55 (down from JP¥13.53 in 2Q 2022). Revenue: JP¥120.5b (up 8.4% from 2Q 2022). Net income: JP¥1.58b (down 59% from 2Q 2022). Profit margin: 1.3% (down from 3.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공고 • Sep 28Penta-Ocean Construction Co., Ltd. to Report Q2, 2023 Results on Nov 10, 2022Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥11.35 (vs JP¥15.96 in 1Q 2022)First quarter 2023 results: EPS: JP¥11.35 (down from JP¥15.96 in 1Q 2022). Revenue: JP¥107.2b (up 8.3% from 1Q 2022). Net income: JP¥3.24b (down 29% from 1Q 2022). Profit margin: 3.0% (down from 4.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 12%, compared to a 5.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
공고 • Jun 29Penta-Ocean Construction Co., Ltd. to Report Q1, 2023 Results on Aug 04, 2022Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2023 results on Aug 04, 2022
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥37.72 (vs JP¥73.62 in FY 2021)Full year 2022 results: EPS: JP¥37.72 (down from JP¥73.62 in FY 2021). Revenue: JP¥458.2b (down 2.7% from FY 2021). Net income: JP¥10.8b (down 49% from FY 2021). Profit margin: 2.3% (down from 4.5% in FY 2021). Over the next year, revenue is forecast to grow 27%, compared to a 6.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공고 • May 15Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2022Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hokuto Nakano was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • Apr 07Penta-Ocean Construction Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Penta-Ocean Construction Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.6%). In line with average of industry peers (3.8%).
Buying Opportunity • Mar 09Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be JP¥5.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.
공고 • Feb 11+ 1 more updatePenta-Ocean Construction Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2022Penta-Ocean Construction Co., Ltd. provided dividend guidance for the year ending March 31, 2022. For the year, the company expects to pay dividend of ¥23.00 per share.
Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥2.05 (down from JP¥15.85 in 3Q 2021). Revenue: JP¥116.5b (up 1.3% from 3Q 2021). Net income: JP¥585.0m (down 87% from 3Q 2021). Profit margin: 0.5% (down from 3.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 17%, compared to a 10% growth forecast for the 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 increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 11Second quarter 2022 earnings released: EPS JP¥13.53 (vs JP¥15.91 in 2Q 2021)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥111.2b (down 1.2% from 2Q 2021). Net income: JP¥3.86b (down 15% from 2Q 2021). Profit margin: 3.5% (down from 4.0% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year.
Reported Earnings • Aug 05First quarter 2022 earnings released: EPS JP¥15.96 (vs JP¥20.86 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥99.0b (down 14% from 1Q 2021). Net income: JP¥4.55b (down 24% from 1Q 2021). Profit margin: 4.6% (down from 5.2% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year.
Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥73.62 (vs JP¥81.83 in FY 2020)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥471.1b (down 18% from FY 2020). Net income: JP¥21.0b (down 10% from FY 2020). Profit margin: 4.5% (up from 4.1% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.3%).
Is New 90 Day High Low • Feb 25New 90-day low: €5.95The company is down 2.0% from its price of €6.05 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.99 per share.
Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥15.85 (vs JP¥20.32 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥114.9b (down 19% from 3Q 2020). Net income: JP¥4.52b (down 22% from 3Q 2020). Profit margin: 3.9% (down from 4.1% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.
Analyst Estimate Surprise Post Earnings • Feb 11Revenue misses expectationsRevenue missed analyst estimates by 7.4%. Over the next year, revenue is forecast to grow 11%, compared to a 5.6% growth forecast for the Construction industry in Germany.
Is New 90 Day High Low • Jan 22New 90-day high: €7.45The company is up 42% from its price of €5.25 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.78 per share.
Is New 90 Day High Low • Jan 06New 90-day high: €7.35The company is up 39% from its price of €5.30 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.27 per share.
공고 • Dec 17Penta-Ocean Construction Co., Ltd. to Report Q3, 2021 Results on Feb 09, 2021Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2021 results on Feb 09, 2021
Is New 90 Day High Low • Dec 07New 90-day high: €6.60The company is up 23% from its price of €5.35 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.04 per share.
Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectationsRevenue exceeded analyst estimates by 0.04%. Over the next year, revenue is forecast to grow 3.4%, compared to a 1.3% growth forecast for the Construction industry in Germany.
Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥15.91The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥112.6b (down 25% from 2Q 2020). Net income: JP¥4.54b (down 26% from 2Q 2020). Profit margin: 4.0% (down from 4.1% in 2Q 2020). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Nov 06New 90-day high: €5.75The company is up 18% from its price of €4.86 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction 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 €8.74 per share.
Is New 90 Day High Low • Sep 28New 90-day high: €5.65The company is up 21% from its price of €4.66 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.17 per share.
공고 • Sep 23Penta-Ocean Construction Co., Ltd. to Report Q2, 2021 Results on Nov 09, 2020Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020
공고 • Jun 19Penta-Ocean Construction Co., Ltd. to Report Q1, 2021 Results on Aug 04, 2020Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2021 results on Aug 04, 2020