DB:2YO

Stock Analysis Report

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Executive Summary

Press Kogyo Co., Ltd. manufactures and sells automotive parts and other products in Japan and internationally. More Details


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 2YO has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.6%

2YO

3.8%

DE Auto Components

0.7%

DE Market


1 Year Return

-37.9%

2YO

-16.4%

DE Auto Components

7.5%

DE Market

Return vs Industry: 2YO underperformed the German Auto Components industry which returned -18.7% over the past year.

Return vs Market: 2YO underperformed the German Market which returned 5.4% over the past year.


Shareholder returns

2YOIndustryMarket
7 Day2.6%3.8%0.7%
30 Day0%1.1%-1.1%
90 Day4.4%2.8%0.9%
1 Year-36.2%-37.9%-13.6%-16.4%10.7%7.5%
3 Yearn/a-50.9%-55.4%1.7%-7.2%
5 Yearn/a-41.8%-48.6%31.1%12.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 2YO (€2.36) is trading below our estimate of fair value (€8.08)

Significantly Below Fair Value: 2YO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2YO is good value based on its PE Ratio (19.7x) compared to the XE Auto Components industry average (21.9x).

PE vs Market: 2YO is good value based on its PE Ratio (19.7x) compared to the German market (22.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2YO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2YO is good value based on its PB Ratio (0.4x) compared to the DE Auto Components industry average (1.3x).


Next Steps

Future Growth

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

59.1%

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 Press Kogyo 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 Press Kogyo performed over the past 5 years?

-5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2YO has high quality earnings.

Growing Profit Margin: 2YO's current net profit margins (0.9%) are lower than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: 2YO's earnings have declined by 5.5% per year over the past 5 years.

Accelerating Growth: 2YO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2YO had negative earnings growth (-77%) over the past year, making it difficult to compare to the Auto Components industry average (-45.5%).


Return on Equity

High ROE: 2YO's Return on Equity (3.5%) is considered low.


Next Steps

Financial Health

How is Press Kogyo's financial position?


Financial Position Analysis

Short Term Liabilities: 2YO's short term assets (¥66.1B) exceed its short term liabilities (¥42.6B).

Long Term Liabilities: 2YO's short term assets (¥66.1B) exceed its long term liabilities (¥15.3B).


Debt to Equity History and Analysis

Debt Level: 2YO's debt to equity ratio (11.5%) is considered satisfactory.

Reducing Debt: 2YO's debt to equity ratio has reduced from 47.2% to 11.5% over the past 5 years.

Debt Coverage: 2YO's debt is well covered by operating cash flow (175.1%).

Interest Coverage: 2YO's interest payments on its debt are well covered by EBIT (71.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Press Kogyo current dividend yield, its reliability and sustainability?

4.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2YO's dividend (4.36%) is higher than the bottom 25% of dividend payers in the German market (1.15%).

High Dividend: 2YO's dividend (4.36%) is in the top 25% of dividend payers in the German market (3.67%)


Stability and Growth of Payments

Stable Dividend: 2YO's dividends per share have been stable in the past 10 years.

Growing Dividend: 2YO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (85.8%), 2YO's payments are 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?

3.9yrs

Average management tenure


CEO

Tetsushi Mino

no data

Tenure

Mr. Tetsushi Mino is the President, CEO and Director at Press Kogyo Co., Ltd. Mr. Mino served as an Executive Managing Officer, Senior Executive Officer, Managing Officer and COO at Press Kogyo Co. Ltd.


Leadership Team

NamePositionTenureCompensationOwnership
Tetsushi Mino
Presidentno datano data0.062%
¥ 161.2k
Kazuhiko Onami
Senior Executive Managing Officerno datano data0.051%
¥ 132.3k
Satoru Murayama
Executive VPno datano data0.062%
¥ 161.2k
Takashi Nakayama
Senior Executive Managing Officer & Directorno datano data0.060%
¥ 156.4k
Noriaki Endo
Senior Executive Managing Officer & Directorno datano data0.048%
¥ 125.1k
Hiroshi Yahara
Executive Managing Officer4.42yrsno data0.034%
¥ 89.0k
Noboru Masuda
Executive Managing Officer & Directorno datano data0.022%
¥ 57.7k
Takekazu Karaki
Executive Managing Officer4.42yrsno datano data
Yuki Shimizu
Executive Managing Officer4.42yrsno datano data
Harumasa Nikkawa
Executive Managing Officer4.42yrsno datano data
Masami Otake
Senior Executive Officer0.67yrno datano data
Masahiko Sato
Executive Managing Officer1.67yrsno datano data

3.9yrs

Average Tenure

Experienced Management: 2YO's management team is considered experienced (3.9 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

Press Kogyo Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Press Kogyo Co., Ltd.
  • Ticker: 2YO
  • Exchange: DB
  • Founded: 1925
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: JP¥32.304b
  • Listing Market Cap: JP¥260.824m
  • Shares outstanding: 108.40m
  • Website: https://www.presskogyo.co.jp

Number of Employees


Location

  • Press Kogyo Co., Ltd.
  • 1-1-1, Shiohama
  • Kawasaki-ku
  • Kawasaki
  • Kanagawa
  • 210-8512
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
7246TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
2YODB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

Biography

Press Kogyo Co., Ltd. manufactures and sells automotive parts and other products in Japan and internationally. The company operates through two segments, Automobile and Construction Machinery. It offers ch ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 21:32
End of Day Share Price2020/09/30 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.