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Stanley Electric

DB:STAA
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
STAA
DB
¥413B
Market Cap
  1. Home
  2. DE
  3. Automobiles
Company description

Stanley Electric Co., Ltd., together with its subsidiaries, designs, manufactures, and sells lighting equipment, accessories, and electronic components. The last earnings update was 23 days ago. More info.


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  • Stanley Electric has significant price volatility in the past 3 months.
STAA Share Price and Events
7 Day Returns
-5%
DB:STAA
-0.1%
DE Auto Components
-0.6%
DE Market
1 Year Returns
-28.2%
DB:STAA
-40.5%
DE Auto Components
-8.3%
DE Market
STAA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Stanley Electric (STAA) -5% 1.8% -21.7% -28.2% 5% 11.1%
DE Auto Components -0.1% -2% -23.2% -40.5% -34.1% -33.3%
DE Market -0.6% 1.8% -3.2% -8.3% 8.9% 10.6%
1 Year Return vs Industry and Market
  • STAA outperformed the Auto Components industry which returned -40.5% over the past year.
  • STAA underperformed the Market in Germany which returned -8.3% over the past year.
Price Volatility
STAA
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Stanley Electric undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Stanley Electric to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Stanley Electric.

DB:STAA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:STAA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.27
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.265 (1 + (1- 30.86%) (4.06%))
1.201
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.201 * 5.96%)
7.39%

Discounted Cash Flow Calculation for DB:STAA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Stanley Electric is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:STAA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 7.39%)
2020 40,464.00 Analyst x5 37,679.93
2021 36,516.33 Analyst x6 31,664.29
2022 40,705.83 Analyst x6 32,868.54
2023 43,827.48 Est @ 7.67% 32,954.26
2024 46,210.19 Est @ 5.44% 32,355.20
2025 48,000.37 Est @ 3.87% 31,296.24
2026 49,334.87 Est @ 2.78% 29,953.18
2027 50,328.74 Est @ 2.01% 28,454.19
2028 51,072.89 Est @ 1.48% 26,888.21
2029 51,636.43 Est @ 1.1% 25,314.47
Present value of next 10 years cash flows ¥309,428.51
DB:STAA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ¥51,636.43 × (1 + 0.23%) ÷ (7.39% – 0.23%)
¥722,749.16
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥722,749.16 ÷ (1 + 7.39%)10
¥354,323.78
DB:STAA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥309,428.51 + ¥354,323.78
¥663,752.29
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥663,752.29 / 162.86
¥4075.72
DB:STAA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:STAA represents 0.0081x of TSE:6923
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.0081x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 4,075.72 x 0.0081
€33.00
Value per share (EUR) From above. €33.00
Current discount Discount to share price of €20.53
= -1 x (€20.53 - €33.00) / €33.00
37.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Stanley Electric is available for.
Intrinsic value
38%
Share price is €20.53 vs Future cash flow value of €33
Current Discount Checks
For Stanley Electric to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Stanley Electric's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Stanley Electric's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Stanley Electric's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Stanley Electric's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:STAA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in JPY ¥245.76
TSE:6923 Share Price ** TSE (2019-07-18) in JPY ¥2535
Germany Auto Components Industry PE Ratio Median Figure of 11 Publicly-Listed Auto Components Companies 13.81x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.71x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Stanley Electric.

DB:STAA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:6923 Share Price ÷ EPS (both in JPY)

= 2535 ÷ 245.76

10.32x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Stanley Electric is good value based on earnings compared to the DE Auto Components industry average.
  • Stanley Electric is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Stanley Electric's expected growth come at a high price?
Raw Data
DB:STAA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
2.7%per year
Germany Auto Components Industry PEG Ratio Median Figure of 10 Publicly-Listed Auto Components Companies 0.61x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

DB:STAA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.32x ÷ 2.7%

3.82x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Stanley Electric is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Stanley Electric's assets?
Raw Data
DB:STAA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in JPY ¥2,262.21
TSE:6923 Share Price * TSE (2019-07-18) in JPY ¥2535
Germany Auto Components Industry PB Ratio Median Figure of 12 Publicly-Listed Auto Components Companies 1.24x
Germany Market PB Ratio Median Figure of 569 Publicly-Listed Companies 1.75x
DB:STAA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:6923 Share Price ÷ Book Value per Share (both in JPY)

= 2535 ÷ 2,262.21

1.12x

* Primary Listing of Stanley Electric.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Stanley Electric is good value based on assets compared to the DE Auto Components industry average.
X
Value checks
We assess Stanley Electric's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Stanley Electric has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Stanley Electric expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Stanley Electric expected to grow at an attractive rate?
  • Stanley Electric's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Stanley Electric's earnings growth is positive but not above the Germany market average.
  • Stanley Electric's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:STAA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:STAA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 2.7%
DB:STAA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 2.5%
Germany Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 9.3%
Germany Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.2%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:STAA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:STAA Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 467,256 83,573 43,130 8
2021-03-31 449,902 79,300 40,588 9
2020-03-31 432,586 78,453 37,377 9
DB:STAA Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-03-31 434,124 61,102 40,265
2018-12-31 443,840 40,446
2018-09-30 448,193 72,085 39,737
2018-06-30 452,041 39,210
2018-03-31 442,165 82,357 36,008
2017-12-31 431,831 34,910
2017-09-30 417,686 75,049 33,361
2017-06-30 397,482 30,702
2017-03-31 388,560 64,937 28,685
2016-12-31 379,521 27,413
2016-09-30 382,118 55,583 26,433
2016-06-30 392,659 24,199

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Stanley Electric's earnings are expected to grow by 2.7% yearly, however this is not considered high growth (20% yearly).
  • Stanley Electric's revenue is expected to grow by 2.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:STAA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Stanley Electric Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:STAA Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 267.23 300.46 235.50 9.00
2021-03-31 250.21 277.90 226.30 10.00
2020-03-31 228.43 240.10 214.10 10.00
DB:STAA Past Financials Data
Date (Data in JPY Millions) EPS *
2019-03-31 245.76
2018-12-31 246.44
2018-09-30 241.63
2018-06-30 238.04
2018-03-31 218.21
2017-12-31 211.18
2017-09-30 201.50
2017-06-30 185.12
2017-03-31 172.65
2016-12-31 164.77
2016-09-30 158.60
2016-06-30 145.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Stanley Electric is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Stanley Electric's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Stanley Electric has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Stanley Electric performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Stanley Electric's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Stanley Electric's year on year earnings growth rate has been positive over the past 5 years.
  • Stanley Electric's 1-year earnings growth is less than its 5-year average (11.8% vs 12.4%)
  • Stanley Electric's earnings growth has exceeded the DE Auto Components industry average in the past year (11.8% vs -12.5%).
Earnings and Revenue History
Stanley Electric's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Stanley Electric Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:STAA Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 434,124.00 40,265.00 45,626.00
2018-12-31 443,840.00 40,446.00 45,902.00
2018-09-30 448,193.00 39,737.00 46,158.00
2018-06-30 452,041.00 39,210.00 45,648.00
2018-03-31 442,165.00 36,008.00 45,260.00
2017-12-31 431,831.00 34,910.00 44,450.00
2017-09-30 417,686.00 33,361.00 43,680.00
2017-06-30 397,482.00 30,702.00 42,529.00
2017-03-31 388,560.00 28,685.00 41,776.00
2016-12-31 379,521.00 27,413.00 41,494.00
2016-09-30 382,118.00 26,433.00 41,136.00
2016-06-30 392,659.00 24,199.00 40,882.00
2016-03-31 404,148.00 25,537.00 41,133.00
2015-12-31 404,520.00 23,920.00 40,455.00
2015-09-30 391,163.00 23,138.00 39,898.00
2015-06-30 378,281.00 25,640.00 39,476.00
2015-03-31 359,840.00 25,198.00 38,481.00
2014-12-31 348,853.00 24,436.00 38,211.00
2014-09-30 344,449.00 24,598.00 37,838.00
2014-06-30 336,967.00 24,445.00 37,704.00
2014-03-31 329,292.00 24,345.00 37,138.00
2013-12-31 316,856.00 24,510.00 35,780.00
2013-09-30 289,682.00 20,972.00 33,783.00
2013-06-30 274,630.00 19,168.00 32,966.00
2013-03-31 263,119.00 17,760.00 32,120.00
2012-12-31 262,356.00 18,220.00 32,305.00
2012-09-30 262,721.00 18,099.00 32,613.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Stanley Electric has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Stanley Electric used its assets more efficiently than the DE Auto Components industry average last year based on Return on Assets.
  • Stanley Electric has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Stanley Electric's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Stanley Electric has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Stanley Electric's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Stanley Electric's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Stanley Electric is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Stanley Electric's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Stanley Electric's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 15.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Stanley Electric Company Filings, last reported 3 months ago.

DB:STAA Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 408,956.00 16,168.00 143,928.00
2018-12-31 394,143.00 15,613.00 132,843.00
2018-09-30 398,032.00 15,743.00 137,727.00
2018-06-30 382,996.00 15,590.00 137,218.00
2018-03-31 378,706.00 15,372.00 131,601.00
2017-12-31 380,329.00 15,714.00 120,235.00
2017-09-30 368,419.00 16,069.00 114,602.00
2017-06-30 352,392.00 16,938.00 105,481.00
2017-03-31 348,239.00 19,526.00 101,840.00
2016-12-31 342,825.00 22,812.00 96,727.00
2016-09-30 311,845.00 21,355.00 83,986.00
2016-06-30 302,835.00 21,745.00 83,141.00
2016-03-31 321,629.00 21,057.00 88,026.00
2015-12-31 334,015.00 21,321.00 87,248.00
2015-09-30 326,953.00 22,776.00 84,918.00
2015-06-30 336,042.00 24,540.00 84,748.00
2015-03-31 332,172.00 22,396.00 83,076.00
2014-12-31 320,377.00 24,178.00 79,922.00
2014-09-30 304,431.00 22,772.00 80,833.00
2014-06-30 284,167.00 21,981.00 78,739.00
2014-03-31 282,295.00 20,417.00 76,079.00
2013-12-31 286,030.00 20,035.00 70,183.00
2013-09-30 268,678.00 19,659.00 65,309.00
2013-06-30 266,131.00 18,860.00 73,846.00
2013-03-31 256,170.00 18,758.00 71,419.00
2012-12-31 236,472.00 16,309.00 64,591.00
2012-09-30 220,533.00 15,655.00 59,374.00
  • Stanley Electric's level of debt (4.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (7.4% vs 4.1% today).
  • Debt is well covered by operating cash flow (364.9%, greater than 20% of total debt).
  • Stanley Electric earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Stanley Electric's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Stanley Electric has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.97%
Current annual income from Stanley Electric dividends. Estimated to be 2.14% next year.
If you bought €2,000 of Stanley Electric shares you are expected to receive €39 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Stanley Electric's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Stanley Electric's dividend is below the markets top 25% of dividend payers in Germany (3.85%).
Upcoming dividend payment

Purchase Stanley Electric before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:STAA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Germany Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 4.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:STAA Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 57.69 9.00
2021-03-31 54.59 10.00
2020-03-31 50.91 10.00
DB:STAA Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-06-25 50.000 1.879
2019-04-24 50.000 1.893
2019-02-13 50.000 1.587
2019-01-30 50.000 1.554
2018-11-13 50.000 1.579
2018-10-29 50.000 1.487
2018-06-26 48.000 1.280
2018-04-25 48.000 1.232
2018-02-13 42.000 1.043
2018-01-31 42.000 0.987
2017-11-13 42.000 0.927
2017-10-30 42.000 0.973
2017-08-09 42.000 1.102
2017-07-31 42.000 1.159
2017-06-22 38.000 1.069
2017-04-26 38.000 1.135
2017-02-13 36.000 1.140
2017-01-30 36.000 1.158
2016-11-11 36.000 1.151
2016-10-31 36.000 1.227
2016-06-23 35.000 1.388
2016-04-27 35.000 1.504
2016-02-12 34.000 1.388
2016-01-29 34.000 1.307
2015-11-13 34.000 1.322
2015-10-28 34.000 1.383
2015-07-27 34.000 1.360
2015-06-26 34.000 1.367
2015-04-27 34.000 1.221
2015-02-12 32.000 1.131
2015-01-28 32.000 1.181
2014-11-13 32.000 1.251
2014-10-27 32.000 1.428
2014-07-30 32.000 1.341
2014-06-27 32.000 1.226
2014-04-25 32.000 1.331
2014-02-13 30.000 1.310
2014-01-29 30.000 1.329
2013-11-13 30.000 1.283
2013-10-28 30.000 1.331
2013-07-26 30.000 1.502
2013-06-25 30.000 1.530
2013-04-26 30.000 1.592
2013-02-13 28.000 1.680
2013-01-30 28.000 1.846
2012-11-13 28.000 2.315
2012-10-26 28.000 2.553
2012-07-30 28.000 2.385
2012-06-28 28.000 2.412
2012-04-27 28.000 2.424
2012-02-13 26.000 2.004
2012-01-30 26.000 2.120
2011-11-11 26.000 2.315
2011-10-28 26.000 2.366
2011-07-29 26.000 2.316
2011-04-28 26.000 1.935
2011-02-10 26.000 1.906
2011-01-31 26.000 1.814
2010-11-12 26.000 1.693
2010-10-28 26.000 1.883
2010-07-29 26.000 1.917
2010-06-29 26.000 1.736
2010-04-28 26.000 1.535
2010-01-29 25.000 1.459
2009-11-13 25.000 1.383
2009-10-28 25.000 1.395
2009-06-24 30.000 1.611
2009-04-28 30.000 1.990
2009-02-12 36.000 3.298
2009-01-28 33.000 3.573
2008-10-27 36.000 3.433
2008-08-08 36.000 2.318
2008-07-28 36.000 1.619

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Stanley Electric's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Stanley Electric's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Stanley Electric afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Stanley Electric has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Stanley Electric's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Takanori Kitano
COMPENSATION ¥165,000,000
TENURE AS CEO 4.3 years
CEO Bio

Mr. Takanori Kitano has been President and Representative Director at Stanley Electric Co. Ltd. since March 2015.

CEO Compensation
  • Takanori's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Takanori's remuneration is lower than average for companies of similar size in Germany.
Management Team

Takanori Kitano

TITLE
President & Representative Director
COMPENSATION
¥165M
TENURE
4.3 yrs

Katsutoshi Iino

TITLE
GM of Accounting & Budget Department
AGE
58

Yutaka Hiratsuka

TITLE
Senior MD & Director

Toru Tanabe

TITLE
MD & Director
AGE
60

Mitsuhiro Yoneya

TITLE
Chief Chinese Business Officer

Hiroyuki Takamori

TITLE
Director of Production & Director
Board of Directors

Takanori Kitano

TITLE
President & Representative Director
COMPENSATION
¥165M
TENURE
4.3 yrs

Katsutoshi Iino

TITLE
GM of Accounting & Budget Department
AGE
58

Yutaka Hiratsuka

TITLE
Senior MD & Director

Toru Tanabe

TITLE
MD & Director
AGE
60

Mitsuhiro Yoneya

TITLE
Chief Chinese Business Officer

Hiroyuki Takamori

TITLE
Director of Production & Director

Masakatsu Mori

TITLE
Director
AGE
71
TENURE
4.3 yrs

Hirokazu Kono

TITLE
Director
AGE
62

Yasuaki Kaizumi

TITLE
Director

Keisuke Ueda

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Stanley Electric's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Stanley Electric has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Stanley Electric Co., Ltd., together with its subsidiaries, designs, manufactures, and sells lighting equipment, accessories, and electronic components. It operates through Automotive Equipment Business, Electronic Components Business, and Applied Electronic Products Business segments. The Automotive Equipment Business segment offers LED and HID headlamps, rear combination lamps, high mount stop lamps, fog lamps, automotive and LED bulbs, etc. The Electronic Components Business segment provides LEDs, infrared LED lamps, optical sensors, LCDs, sub miniature lamps, etc. The Applied Electronic Products Business segment offers LED lighting products, backlight units for LCDs, flash units for cameras, operation panels, etc. The company sells its products primarily to automobile, electric, and electronic companies, as well as automobile components suppliers in Japan, the Americas, the Asia-Pacific, China, and internationally. Stanley Electric Co., Ltd. was founded in 1920 and is headquartered in Tokyo, Japan.

Details
Name: Stanley Electric Co., Ltd.
STAA
Exchange: DB
Founded: 1920
¥3,412,036,520
162,855,240
Website: http://www.stanley.co.jp
Address: Stanley Electric Co., Ltd.
2-9-13 Nakameguro,
Meguro-ku,
Tokyo,
153-8636,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 6923 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
OTCPK STAE.F Common Stock Pink Sheets LLC US USD 06. Jan 1992
DB STAA Common Stock Deutsche Boerse AG DE EUR 06. Jan 1992
Number of employees
Current staff
Staff numbers
17,263
Stanley Electric employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/18 21:38
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2019/07/12
Last earnings filing: 2019/06/25
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.