View ValuationDowa Holdings 향후 성장Future 기준 점검 0/6Dowa Holdings (는) 각각 연간 1.3% 및 4.6% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 1.6% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12.3% 로 예상됩니다.핵심 정보1.3%이익 성장률1.62%EPS 성장률Metals and Mining 이익 성장18.2%매출 성장률4.6%향후 자기자본이익률12.30%애널리스트 커버리지Good마지막 업데이트14 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Junko Yamaguchi 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.공시 • May 15Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2026Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2026.공시 • Apr 03+ 2 more updatesDowa Holdings Co., Ltd. to Report Q3, 2027 Results on Feb 09, 2027Dowa Holdings Co., Ltd. announced that they will report Q3, 2027 results on Feb 09, 2027공시 • Feb 17Dowa Holdings Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Dowa Holdings Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026공시 • Feb 10+ 1 more updateNSSK-GAMMA2 G.K. acquired 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) for ¥39.0 billion.NSSK-GAMMA2 G.K. acquired 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) for ¥39.0 billion on February 10, 2026. A cash consideration of ¥38.99 billion will be paid by NSSK-GAMMA2 G.K. Post transaction Dowa Holdings will hold 6.83% in Fujita Kanko. NSSK-GAMMA2 G.K. completed the acquisition of 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) on February 10, 2026.공시 • Jan 07Dowa Holdings Co., Ltd. announces Annual dividend, payable on June 13, 2026Dowa Holdings Co., Ltd. announced Annual dividend of JPY 183.0000 per share payable on June 13, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.공시 • Nov 12+ 1 more updateDowa Holdings Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending March 31, 2026Dowa Holdings Co., Ltd. revised dividend guidance for the fiscal year ending March 31, 2026. For the year, the company now expects dividend of JPY 183.00 per share compared to previous guidance of JPY 159.00 per share. Reasons for the Revisions: The Company's dividend policy for the period covered by the "Medium-Term Plan 2027" (fiscal years ending March 2026 to March 2028) is set as "a dividend payout ratio of 35% or JPY 150 per share, whichever is higher." In line with the revision of the consolidated financial result forecasts for the full fiscal year ending March 31, 2026, the annual dividends for the current fiscal year has been increased by JPY 24 per share from the dividends forecasts of JPY 159 per share (announced on May 13, 2025) to JPY 183 per share.공시 • May 16Dowa Holdings Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2025, Payable on June 13, 2025; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2026Dowa Holdings Co., Ltd. announced dividend of JPY 150.00 per share for the fiscal year ended March 31, 2025 as compared to dividend of JPY 130.00 per share a year ago. Scheduled date to commence dividend payments: June 13, 2025. For the fiscal year ending March 31, 2026, the company expected dividend of JPY 159.00 per share as compared to JPY 150.00 per share a year ago.공시 • May 13+ 1 more updateDowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2025Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2025.공시 • Mar 18+ 2 more updatesDowa Holdings Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025Dowa Holdings Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025공시 • Mar 05Dowa Holdings Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Dowa Holdings Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025Reported Earnings • Nov 14Second quarter 2025 earnings released: EPS: JP¥147 (vs JP¥89.57 in 2Q 2024)Second quarter 2025 results: EPS: JP¥147 (up from JP¥89.57 in 2Q 2024). Revenue: JP¥163.6b (down 9.0% from 2Q 2024). Net income: JP¥8.74b (up 64% from 2Q 2024). Profit margin: 5.3% (up from 3.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 29% 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.Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥198 (vs JP¥132 in 1Q 2024)First quarter 2025 results: EPS: JP¥198 (up from JP¥132 in 1Q 2024). Revenue: JP¥189.0b (down 1.0% from 1Q 2024). Net income: JP¥11.8b (up 50% from 1Q 2024). Profit margin: 6.2% (up from 4.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 31% 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.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €27.60, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total loss to shareholders of 9.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.86 per share.공시 • Jun 27+ 1 more updateDowa Holdings Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025Dowa Holdings Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025공시 • May 15Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024.Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥468 (vs JP¥421 in FY 2023)Full year 2024 results: EPS: JP¥468 (up from JP¥421 in FY 2023). Revenue: JP¥717.2b (down 8.1% from FY 2023). Net income: JP¥27.9b (up 11% from FY 2023). Profit margin: 3.9% (up from 3.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Mar 28Dowa Holdings Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Dowa Holdings Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.3%).Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥182 (vs JP¥76.20 in 3Q 2023)Third quarter 2024 results: EPS: JP¥182 (up from JP¥76.20 in 3Q 2023). Revenue: JP¥180.9b (down 5.3% from 3Q 2023). Net income: JP¥10.8b (up 139% from 3Q 2023). Profit margin: 6.0% (up from 2.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥89.57 (vs JP¥163 in 2Q 2023)Second quarter 2024 results: EPS: JP¥89.57 (down from JP¥163 in 2Q 2023). Revenue: JP¥179.8b (down 6.3% from 2Q 2023). Net income: JP¥5.33b (down 45% from 2Q 2023). Profit margin: 3.0% (down from 5.0% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.New Risk • Aug 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.6% net profit margin).Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥132 (vs JP¥220 in 1Q 2023)First quarter 2024 results: EPS: JP¥132 (down from JP¥220 in 1Q 2023). Revenue: JP¥191.0b (down 9.0% from 1Q 2023). Net income: JP¥7.85b (down 40% from 1Q 2023). Profit margin: 4.1% (down from 6.2% in 1Q 2023). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Jul 15+ 1 more updateDowa Holdings Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Dowa Holdings Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024New Risk • Jun 19New 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 6.8% 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: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin).공시 • Jun 01Dowa Holdings Co., Ltd. to Report Q1, 2024 Results on Aug 09, 2023Dowa Holdings Co., Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023공시 • May 17Dowa Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023Dowa Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023.Reported Earnings • May 15Full year 2023 earnings released: EPS: JP¥421 (vs JP¥857 in FY 2022)Full year 2023 results: EPS: JP¥421 (down from JP¥857 in FY 2022). Revenue: JP¥780.1b (down 6.2% from FY 2022). Net income: JP¥25.0b (down 51% from FY 2022). Profit margin: 3.2% (down from 6.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥105 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.6%).Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥76.19 (vs JP¥193 in 3Q 2022)Third quarter 2023 results: EPS: JP¥76.19 (down from JP¥193 in 3Q 2022). Revenue: JP¥191.1b (up 1.3% from 3Q 2022). Net income: JP¥4.54b (down 61% from 3Q 2022). Profit margin: 2.4% (down from 6.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.9% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥163 (vs JP¥213 in 2Q 2022)Second quarter 2023 results: EPS: JP¥163 (down from JP¥213 in 2Q 2022). Revenue: JP¥191.9b (down 11% from 2Q 2022). Net income: JP¥9.67b (down 24% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sato Kimio was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥163 (vs JP¥213 in 2Q 2022)Second quarter 2023 results: EPS: JP¥163 (down from JP¥213 in 2Q 2022). Revenue: JP¥191.9b (down 11% from 2Q 2022). Net income: JP¥9.67b (down 24% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.2% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥220 (vs JP¥335 in 1Q 2022)First quarter 2023 results: EPS: JP¥220 (down from JP¥335 in 1Q 2022). Revenue: JP¥209.9b (up 1.0% from 1Q 2022). Net income: JP¥13.1b (down 35% from 1Q 2022). Profit margin: 6.2% (down from 9.6% in 1Q 2022). Over the next year, revenue is forecast to grow 5.2%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공시 • May 18Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2022Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2022.Reported Earnings • May 17Full year 2022 earnings released: EPS: JP¥857 (vs JP¥368 in FY 2021)Full year 2022 results: EPS: JP¥857 (up from JP¥368 in FY 2021). Revenue: JP¥831.8b (up 42% from FY 2021). Net income: JP¥51.0b (up 134% from FY 2021). Profit margin: 6.1% (up from 3.7% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 39% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less 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, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sato Kimio was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공시 • Apr 04+ 3 more updatesDowa Holdings Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Dowa Holdings Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023Upcoming Dividend • Mar 23Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 9.8% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (8.1%).Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to €41.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €50.22 per share.Reported Earnings • Feb 16Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥193 (up from JP¥116 in 3Q 2021). Revenue: JP¥188.7b (up 25% from 3Q 2021). Net income: JP¥11.5b (up 68% from 3Q 2021). Profit margin: 6.1% (up from 4.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.4%. Over the next year, revenue is forecast to stay flat compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jan 26Now 21% undervaluedOver the last 90 days, the stock is up 6.9%. The fair value is estimated to be JP¥47.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% per annum over the last 3 years. Earnings per share has grown by 34% per annum over the last 3 years.Reported Earnings • Nov 14Second quarter 2022 earnings released: EPS JP¥213 (vs JP¥24.11 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥215.3b (up 57% from 2Q 2021). Net income: JP¥12.7b (up JP¥11.2b from 2Q 2021). Profit margin: 5.9% (up from 1.0% 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 34% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13First quarter 2022 earnings released: EPS JP¥335 (vs JP¥3.19 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥207.9b (up 80% from 1Q 2021). Net income: JP¥19.9b (up JP¥19.8b from 1Q 2021). Profit margin: 9.6% (up from 0.2% 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 9% per year whereas the company’s share price has increased by 12% per year.Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥368 (vs JP¥294 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥588.0b (up 21% from FY 2020). Net income: JP¥21.8b (up 26% from FY 2020). Profit margin: 3.7% (up from 3.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥90.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (4.8%).Is New 90 Day High Low • Mar 10New 90-day high: €34.40The company is up 21% from its price of €28.40 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 48% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.31 per share.공시 • Mar 10Dowa Holdings Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Dowa Holdings Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥116 (vs JP¥94.00 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: JP¥151.1b (up 24% from 3Q 2020). Net income: JP¥6.86b (up 23% from 3Q 2020). Profit margin: 4.5% (down from 4.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 12Revenue beats expectationsRevenue exceeded analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 9.6%, compared to a 15% growth forecast for the Metals and Mining industry in Germany.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥33.20, the stock is trading at a trailing P/E ratio of 22x, up from the previous P/E ratio of 19.1x. This compares to an average P/E of 15x in the Metals and Mining industry in Europe. Total returns to shareholders over the past three years are 2.2%.Is New 90 Day High Low • Jan 08New 90-day high: €30.40The company is up 23% from its price of €24.80 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 53% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.96 per share.Is New 90 Day High Low • Dec 17New 90-day high: €29.40The company is up 14% from its price of €25.80 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.75 per share.공시 • Dec 13Dowa Holdings Co., Ltd. to Report Q3, 2021 Results on Feb 09, 2021Dowa Holdings Co., Ltd. announced that they will report Q3, 2021 results on Feb 09, 2021Analyst Estimate Surprise Post Earnings • Nov 12Revenue beats expectationsRevenue exceeded analyst estimates by 10%. Over the next year, revenue is forecast to grow 1.6%, compared to a 8.3% growth forecast for the Metals and Mining industry in Germany.Reported Earnings • Nov 12Second quarter 2021 earnings released: EPS JP¥24.11The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥137.1b (up 20% from 2Q 2020). Net income: JP¥1.43b (down 54% from 2Q 2020). Profit margin: 1.0% (down from 2.7% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Nov 12New 90-day high: €28.20The company is up 12% from its price of €25.20 on 14 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 Metals and Mining industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.80 per share.Is New 90 Day High Low • Oct 02New 90-day low: €23.80The company is down 9.0% from its price of €26.20 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.28 per share.공시 • Sep 26Dowa Holdings Co., Ltd. to Report Q2, 2021 Results on Nov 10, 2020Dowa Holdings Co., Ltd. announced that they will report Q2, 2021 results on Nov 10, 2020공시 • Jul 05Dowa Holdings Co., Ltd. to Report Q1, 2021 Results on Aug 07, 2020Dowa Holdings Co., Ltd. announced that they will report Q1, 2021 results on Aug 07, 2020이익 및 매출 성장 예측DB:DMI - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2029885,40067,25015,15084,65023/31/2028831,70655,52230,61274,03773/31/2027821,15960,8261,50052,16763/31/2026745,41062,458-29,9355,241N/A12/31/2025660,14221,908N/AN/AN/A9/30/2025643,26720,233-7,53535,198N/A6/30/2025649,80721,748N/AN/AN/A3/31/2025678,67227,128-34,35012,827N/A12/31/2024682,77127,625N/AN/AN/A9/30/2024699,02835,188-18,31522,488N/A6/30/2024715,22731,781N/AN/AN/A3/31/2024717,19427,85380,273118,630N/A12/31/2023738,80221,790N/AN/AN/A9/30/2023748,99315,49082,752117,681N/A6/30/2023761,08819,831N/AN/AN/A3/31/2023780,06025,04117,64950,725N/A12/31/2022812,79534,180N/AN/AN/A9/30/2022810,35741,15138,12970,279N/A6/30/2022833,80744,129N/AN/AN/A3/31/2022831,79451,01228,13259,911N/A12/31/2021796,34257,454N/AN/AN/A9/30/2021758,78752,805-45,538-10,677N/A6/30/2021680,51241,581N/AN/AN/A3/31/2021588,00321,824-38,110-3,088N/A12/31/2020535,97612,381N/AN/AN/A9/30/2020506,82711,08719,91056,571N/A6/30/2020484,30712,732N/AN/AN/A3/31/2020485,13017,39518,98755,113N/A12/31/2019469,31217,786N/AN/AN/A9/30/2019461,88214,021N/A43,985N/A6/30/2019454,01013,816N/AN/AN/A3/31/2019452,92814,986N/A37,555N/A12/31/2018452,48716,156N/AN/AN/A9/30/2018457,28021,849N/A26,174N/A6/30/2018459,77924,542N/AN/AN/A3/31/2018454,75424,693N/A11,125N/A12/31/2017461,43629,096N/AN/AN/A9/30/2017445,04728,023N/A19,066N/A6/30/2017426,88027,374N/AN/AN/A3/31/2017410,50326,169N/A29,389N/A12/31/2016383,66921,136N/AN/AN/A9/30/2016383,08419,644N/A56,503N/A6/30/2016392,54220,591N/AN/AN/A3/31/2016406,59821,826N/A45,751N/A12/31/2015429,17523,090N/AN/AN/A9/30/2015448,85126,405N/A33,328N/A6/30/2015462,35425,716N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: DMI 의 연간 예상 수익 증가율(1.3%)이 saving rate(1.9%) 미만입니다.수익 vs 시장: DMI 의 연간 수익(1.3%)이 German 시장(17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: DMI 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: DMI 의 수익(연간 4.6%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: DMI 의 수익(연간 4.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: DMI의 자본 수익률은 3년 후 12.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 16:00종가2026/05/22 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 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스Dowa Holdings Co., Ltd.는 19명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Masaki OkunoBarclaysTakashi EnomotoBofA Global ResearchToshiyuki JohnoCitigroup Inc16명의 분석가 더 보기
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Junko Yamaguchi 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.
공시 • May 15Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2026Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2026.
공시 • Apr 03+ 2 more updatesDowa Holdings Co., Ltd. to Report Q3, 2027 Results on Feb 09, 2027Dowa Holdings Co., Ltd. announced that they will report Q3, 2027 results on Feb 09, 2027
공시 • Feb 17Dowa Holdings Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Dowa Holdings Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026
공시 • Feb 10+ 1 more updateNSSK-GAMMA2 G.K. acquired 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) for ¥39.0 billion.NSSK-GAMMA2 G.K. acquired 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) for ¥39.0 billion on February 10, 2026. A cash consideration of ¥38.99 billion will be paid by NSSK-GAMMA2 G.K. Post transaction Dowa Holdings will hold 6.83% in Fujita Kanko. NSSK-GAMMA2 G.K. completed the acquisition of 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) on February 10, 2026.
공시 • Jan 07Dowa Holdings Co., Ltd. announces Annual dividend, payable on June 13, 2026Dowa Holdings Co., Ltd. announced Annual dividend of JPY 183.0000 per share payable on June 13, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.
공시 • Nov 12+ 1 more updateDowa Holdings Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending March 31, 2026Dowa Holdings Co., Ltd. revised dividend guidance for the fiscal year ending March 31, 2026. For the year, the company now expects dividend of JPY 183.00 per share compared to previous guidance of JPY 159.00 per share. Reasons for the Revisions: The Company's dividend policy for the period covered by the "Medium-Term Plan 2027" (fiscal years ending March 2026 to March 2028) is set as "a dividend payout ratio of 35% or JPY 150 per share, whichever is higher." In line with the revision of the consolidated financial result forecasts for the full fiscal year ending March 31, 2026, the annual dividends for the current fiscal year has been increased by JPY 24 per share from the dividends forecasts of JPY 159 per share (announced on May 13, 2025) to JPY 183 per share.
공시 • May 16Dowa Holdings Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2025, Payable on June 13, 2025; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2026Dowa Holdings Co., Ltd. announced dividend of JPY 150.00 per share for the fiscal year ended March 31, 2025 as compared to dividend of JPY 130.00 per share a year ago. Scheduled date to commence dividend payments: June 13, 2025. For the fiscal year ending March 31, 2026, the company expected dividend of JPY 159.00 per share as compared to JPY 150.00 per share a year ago.
공시 • May 13+ 1 more updateDowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2025Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2025.
공시 • Mar 18+ 2 more updatesDowa Holdings Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025Dowa Holdings Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025
공시 • Mar 05Dowa Holdings Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Dowa Holdings Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025
Reported Earnings • Nov 14Second quarter 2025 earnings released: EPS: JP¥147 (vs JP¥89.57 in 2Q 2024)Second quarter 2025 results: EPS: JP¥147 (up from JP¥89.57 in 2Q 2024). Revenue: JP¥163.6b (down 9.0% from 2Q 2024). Net income: JP¥8.74b (up 64% from 2Q 2024). Profit margin: 5.3% (up from 3.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 29% 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.
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥198 (vs JP¥132 in 1Q 2024)First quarter 2025 results: EPS: JP¥198 (up from JP¥132 in 1Q 2024). Revenue: JP¥189.0b (down 1.0% from 1Q 2024). Net income: JP¥11.8b (up 50% from 1Q 2024). Profit margin: 6.2% (up from 4.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 31% 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.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €27.60, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total loss to shareholders of 9.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.86 per share.
공시 • Jun 27+ 1 more updateDowa Holdings Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025Dowa Holdings Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025
공시 • May 15Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024.
Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥468 (vs JP¥421 in FY 2023)Full year 2024 results: EPS: JP¥468 (up from JP¥421 in FY 2023). Revenue: JP¥717.2b (down 8.1% from FY 2023). Net income: JP¥27.9b (up 11% from FY 2023). Profit margin: 3.9% (up from 3.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Mar 28Dowa Holdings Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Dowa Holdings Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.3%).
Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥182 (vs JP¥76.20 in 3Q 2023)Third quarter 2024 results: EPS: JP¥182 (up from JP¥76.20 in 3Q 2023). Revenue: JP¥180.9b (down 5.3% from 3Q 2023). Net income: JP¥10.8b (up 139% from 3Q 2023). Profit margin: 6.0% (up from 2.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥89.57 (vs JP¥163 in 2Q 2023)Second quarter 2024 results: EPS: JP¥89.57 (down from JP¥163 in 2Q 2023). Revenue: JP¥179.8b (down 6.3% from 2Q 2023). Net income: JP¥5.33b (down 45% from 2Q 2023). Profit margin: 3.0% (down from 5.0% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.
New Risk • Aug 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.6% net profit margin).
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥132 (vs JP¥220 in 1Q 2023)First quarter 2024 results: EPS: JP¥132 (down from JP¥220 in 1Q 2023). Revenue: JP¥191.0b (down 9.0% from 1Q 2023). Net income: JP¥7.85b (down 40% from 1Q 2023). Profit margin: 4.1% (down from 6.2% in 1Q 2023). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Jul 15+ 1 more updateDowa Holdings Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Dowa Holdings Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024
New Risk • Jun 19New 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 6.8% 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: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin).
공시 • Jun 01Dowa Holdings Co., Ltd. to Report Q1, 2024 Results on Aug 09, 2023Dowa Holdings Co., Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023
공시 • May 17Dowa Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023Dowa Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023.
Reported Earnings • May 15Full year 2023 earnings released: EPS: JP¥421 (vs JP¥857 in FY 2022)Full year 2023 results: EPS: JP¥421 (down from JP¥857 in FY 2022). Revenue: JP¥780.1b (down 6.2% from FY 2022). Net income: JP¥25.0b (down 51% from FY 2022). Profit margin: 3.2% (down from 6.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥105 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.6%).
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥76.19 (vs JP¥193 in 3Q 2022)Third quarter 2023 results: EPS: JP¥76.19 (down from JP¥193 in 3Q 2022). Revenue: JP¥191.1b (up 1.3% from 3Q 2022). Net income: JP¥4.54b (down 61% from 3Q 2022). Profit margin: 2.4% (down from 6.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.9% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥163 (vs JP¥213 in 2Q 2022)Second quarter 2023 results: EPS: JP¥163 (down from JP¥213 in 2Q 2022). Revenue: JP¥191.9b (down 11% from 2Q 2022). Net income: JP¥9.67b (down 24% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sato Kimio was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥163 (vs JP¥213 in 2Q 2022)Second quarter 2023 results: EPS: JP¥163 (down from JP¥213 in 2Q 2022). Revenue: JP¥191.9b (down 11% from 2Q 2022). Net income: JP¥9.67b (down 24% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.2% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥220 (vs JP¥335 in 1Q 2022)First quarter 2023 results: EPS: JP¥220 (down from JP¥335 in 1Q 2022). Revenue: JP¥209.9b (up 1.0% from 1Q 2022). Net income: JP¥13.1b (down 35% from 1Q 2022). Profit margin: 6.2% (down from 9.6% in 1Q 2022). Over the next year, revenue is forecast to grow 5.2%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공시 • May 18Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2022Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2022.
Reported Earnings • May 17Full year 2022 earnings released: EPS: JP¥857 (vs JP¥368 in FY 2021)Full year 2022 results: EPS: JP¥857 (up from JP¥368 in FY 2021). Revenue: JP¥831.8b (up 42% from FY 2021). Net income: JP¥51.0b (up 134% from FY 2021). Profit margin: 6.1% (up from 3.7% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 39% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less 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, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sato Kimio was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공시 • Apr 04+ 3 more updatesDowa Holdings Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Dowa Holdings Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023
Upcoming Dividend • Mar 23Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 9.8% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (8.1%).
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to €41.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €50.22 per share.
Reported Earnings • Feb 16Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥193 (up from JP¥116 in 3Q 2021). Revenue: JP¥188.7b (up 25% from 3Q 2021). Net income: JP¥11.5b (up 68% from 3Q 2021). Profit margin: 6.1% (up from 4.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.4%. Over the next year, revenue is forecast to stay flat compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jan 26Now 21% undervaluedOver the last 90 days, the stock is up 6.9%. The fair value is estimated to be JP¥47.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% per annum over the last 3 years. Earnings per share has grown by 34% per annum over the last 3 years.
Reported Earnings • Nov 14Second quarter 2022 earnings released: EPS JP¥213 (vs JP¥24.11 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥215.3b (up 57% from 2Q 2021). Net income: JP¥12.7b (up JP¥11.2b from 2Q 2021). Profit margin: 5.9% (up from 1.0% 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 34% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13First quarter 2022 earnings released: EPS JP¥335 (vs JP¥3.19 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥207.9b (up 80% from 1Q 2021). Net income: JP¥19.9b (up JP¥19.8b from 1Q 2021). Profit margin: 9.6% (up from 0.2% 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 9% per year whereas the company’s share price has increased by 12% per year.
Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥368 (vs JP¥294 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥588.0b (up 21% from FY 2020). Net income: JP¥21.8b (up 26% from FY 2020). Profit margin: 3.7% (up from 3.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥90.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (4.8%).
Is New 90 Day High Low • Mar 10New 90-day high: €34.40The company is up 21% from its price of €28.40 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 48% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.31 per share.
공시 • Mar 10Dowa Holdings Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Dowa Holdings Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021
Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥116 (vs JP¥94.00 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: JP¥151.1b (up 24% from 3Q 2020). Net income: JP¥6.86b (up 23% from 3Q 2020). Profit margin: 4.5% (down from 4.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 12Revenue beats expectationsRevenue exceeded analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 9.6%, compared to a 15% growth forecast for the Metals and Mining industry in Germany.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥33.20, the stock is trading at a trailing P/E ratio of 22x, up from the previous P/E ratio of 19.1x. This compares to an average P/E of 15x in the Metals and Mining industry in Europe. Total returns to shareholders over the past three years are 2.2%.
Is New 90 Day High Low • Jan 08New 90-day high: €30.40The company is up 23% from its price of €24.80 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 53% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.96 per share.
Is New 90 Day High Low • Dec 17New 90-day high: €29.40The company is up 14% from its price of €25.80 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.75 per share.
공시 • Dec 13Dowa Holdings Co., Ltd. to Report Q3, 2021 Results on Feb 09, 2021Dowa Holdings Co., Ltd. announced that they will report Q3, 2021 results on Feb 09, 2021
Analyst Estimate Surprise Post Earnings • Nov 12Revenue beats expectationsRevenue exceeded analyst estimates by 10%. Over the next year, revenue is forecast to grow 1.6%, compared to a 8.3% growth forecast for the Metals and Mining industry in Germany.
Reported Earnings • Nov 12Second quarter 2021 earnings released: EPS JP¥24.11The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥137.1b (up 20% from 2Q 2020). Net income: JP¥1.43b (down 54% from 2Q 2020). Profit margin: 1.0% (down from 2.7% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Nov 12New 90-day high: €28.20The company is up 12% from its price of €25.20 on 14 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 Metals and Mining industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.80 per share.
Is New 90 Day High Low • Oct 02New 90-day low: €23.80The company is down 9.0% from its price of €26.20 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.28 per share.
공시 • Sep 26Dowa Holdings Co., Ltd. to Report Q2, 2021 Results on Nov 10, 2020Dowa Holdings Co., Ltd. announced that they will report Q2, 2021 results on Nov 10, 2020
공시 • Jul 05Dowa Holdings Co., Ltd. to Report Q1, 2021 Results on Aug 07, 2020Dowa Holdings Co., Ltd. announced that they will report Q1, 2021 results on Aug 07, 2020