BST:5KY

Stock Analysis Report

Executive Summary

Yasunaga Corporation manufactures and sells engine parts and machine tools, and wire saw and electronics systems.


Snowflake Analysis

Mediocre balance sheet with questionable track record.

Share Price & News

How has Yasunaga's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 5KY's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-20.9%

5KY

-3.4%

DE Auto Components

-0.6%

DE Market


1 Year Return

-55.8%

5KY

-52.5%

DE Auto Components

-20.9%

DE Market

Return vs Industry: 5KY underperformed the German Auto Components industry which returned -52.5% over the past year.

Return vs Market: 5KY underperformed the German Market which returned -20.9% over the past year.


Shareholder returns

5KYIndustryMarket
7 Day-20.9%-3.4%-0.6%
30 Day-14.5%-32.9%-20.0%
90 Day-30.3%-44.7%-26.3%
1 Year-55.4%-55.8%-50.5%-52.5%-18.6%-20.9%
3 Yearn/a-63.5%-66.5%-19.0%-25.8%
5 Yearn/a-67.8%-71.2%-21.1%-31.8%

Price Volatility Vs. Market

How volatile is Yasunaga's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Yasunaga undervalued compared to its fair value and its price relative to the market?

405.75x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 5KY (€6.8) is trading above our estimate of fair value (€0.61)

Significantly Below Fair Value: 5KY is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 5KY is poor value based on its PE Ratio (405.7x) compared to the Auto Components industry average (11.4x).

PE vs Market: 5KY is poor value based on its PE Ratio (405.7x) compared to the German market (16.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5KY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5KY is overvalued based on its PB Ratio (0.8x) compared to the DE Auto Components industry average (0.7x).


Next Steps

Future Growth

How is Yasunaga forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

48.6%

Forecasted Automobiles industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Yasunaga has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Yasunaga performed over the past 5 years?

39.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5KY has high quality earnings.

Growing Profit Margin: 5KY's current net profit margins (0.07%) are lower than last year (3.7%).


Past Earnings Growth Analysis

Earnings Trend: 5KY's earnings have grown significantly by 39.1% per year over the past 5 years.

Accelerating Growth: 5KY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 5KY had negative earnings growth (-98.3%) over the past year, making it difficult to compare to the Auto Components industry average (-29.1%).


Return on Equity

High ROE: 5KY's Return on Equity (0.2%) is considered low.


Next Steps

Financial Health

How is Yasunaga's financial position?


Financial Position Analysis

Short Term Liabilities: 5KY's short term assets (¥20.7B) exceed its short term liabilities (¥17.8B).

Long Term Liabilities: 5KY's short term assets (¥20.7B) exceed its long term liabilities (¥8.5B).


Debt to Equity History and Analysis

Debt Level: 5KY's debt to equity ratio (138.5%) is considered high.

Reducing Debt: 5KY's debt to equity ratio has increased from 110.5% to 138.5% over the past 5 years.

Debt Coverage: 5KY's debt is not well covered by operating cash flow (3.9%).

Interest Coverage: 5KY's interest payments on its debt are well covered by EBIT (11.7x coverage).


Balance Sheet

Inventory Level: 5KY has a high level of physical assets or inventory.

Debt Coverage by Assets: 5KY's debt is covered by short term assets (assets are 1.3x debt).


Next Steps

Dividend

What is Yasunaga's current dividend yield, its reliability and sustainability?

1.11%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 5KY's dividend (1.11%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.71%).

High Dividend: 5KY's dividend (1.11%) is low compared to the top 25% of dividend payers in the German market (4.85%).


Stability and Growth of Payments

Stable Dividend: 5KY's dividend payments have been volatile in the past 10 years.

Growing Dividend: 5KY's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (797.5%), 5KY's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Aki Yasunaga (46yo)

no data

Tenure

Mr. Akitoshi Yasunaga has been the President of Yasunaga Corporation since April 2011 and serves as its Chief Executive Officer. Mr. Yasunaga joined Yasunaga Corporation in October 1998 and served as its M ...


Leadership Team

NamePositionTenureCompensationOwnership
Akitoshi Yasunaga
Presidentno datano data3% ¥2.5m
Minoru Inada
MD, GM of R&D Division8.83yrsno data0.24% ¥203.0k
Junji Horikawa
MD & Director5.83yrsno data0.11% ¥89.0k
Hisahiro Kotani
MD & Director5.83yrsno data0.17% ¥143.2k

3.0yrs

Average Tenure

58yo

Average Age

Experienced Management: 5KY's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Akitoshi Yasunaga
Presidentno datano data3% ¥2.5m
Minoru Inada
MD, GM of R&D Division8.83yrsno data0.24% ¥203.0k
Junji Horikawa
MD & Director5.83yrsno data0.11% ¥89.0k
Hisahiro Kotani
MD & Director5.83yrsno data0.17% ¥143.2k
Takashi Shoji
External Director4.83yrsno data0.034% ¥28.5k
Yoshinori Abe
External Director4.83yrsno data0.034% ¥28.5k
Naofumi Masuda
External Director1.25yrsno datano data

5.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: 5KY's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Yasunaga Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Yasunaga Corporation
  • Ticker: 5KY
  • Exchange: BST
  • Founded: 1923
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: JP¥9.738b
  • Listing Market Cap: JP¥83.183m
  • Shares outstanding: 11.96m
  • Website: https://www.fine-yasunaga.co.jp

Number of Employees


Location

  • Yasunaga Corporation
  • 3860 Midorigaoka Naka-machi
  • Iga
  • Mie
  • 518-0834
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
7271TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYFeb 1996
5KYBST (Boerse-Stuttgart)YesCommon StockDEEURFeb 1996

Biography

Yasunaga Corporation manufactures and sells engine parts and machine tools, and wire saw and electronics systems. It provides automotive and industrial machinery comprising engine parts, such as connecting rods, cylinder heads and blocks, camshafts, and crankshafts; and machine tools, including fracture splitting machines, finishing boring machines, double and single spindle machining centers, transfer machines, micro finishers, and leak testers. The company also offers solar cells, wire saws, and inspection and measuring devices. In addition, it provides environmental equipment that consists of air pumps and disposers for daily life, medical and healthcare, factory and other industrial location, and fish farming and aquarium applications. The company was formerly known as Yasunaga Tekkosho Co., Ltd. and changed its name to Yasunaga Corporation in April 1988. Yasunaga Corporation was founded in 1923 and is headquartered in Iga, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/04 05:51
End of Day Share Price2020/04/03 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.