YRB Stock Overview
The Yokohama Rubber Co., Ltd. manufactures and sells tires in Japan, the United States, India, China, the Philippines, and internationally.
Yokohama Rubber Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥16.10|
|52 Week High||JP¥16.70|
|52 Week Low||JP¥10.90|
|1 Month Change||19.26%|
|3 Month Change||34.17%|
|1 Year Change||5.23%|
|3 Year Change||-1.36%|
|5 Year Change||2.12%|
|Change since IPO||141.02%|
Recent News & Updates
|YRB||DE Auto Components||DE Market|
Return vs Industry: YRB exceeded the German Auto Components industry which returned -27.8% over the past year.
Return vs Market: YRB exceeded the German Market which returned -19.6% over the past year.
|YRB Average Weekly Movement||5.8%|
|Auto Components Industry Average Movement||6.3%|
|Market Average Movement||5.6%|
|10% most volatile stocks in DE Market||10.3%|
|10% least volatile stocks in DE Market||2.8%|
Stable Share Price: YRB is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: YRB's weekly volatility (6%) has been stable over the past year.
About the Company
The Yokohama Rubber Co., Ltd. manufactures and sells tires in Japan, the United States, India, China, the Philippines, and internationally. It operates through Tires, Multiple Business (MB), and Alliance Tire Group (ATG) segments. The Tires segment offers tires for passenger cars and light trucks, trucks and buses, construction and mining equipment, and motorsports, as well as tire tubes, aluminum alloy wheels, and other peripheral products under the ADVAN, BluEarth, iceGUARD, GEOLANDAR, YOKOHAMA, ALLIANCE, GALAXY, PRIMEX, and AICHI brand names.
Yokohama Rubber Fundamentals Summary
|YRB fundamental statistics|
Is YRB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|YRB income statement (TTM)|
|Cost of Revenue||JP¥506.54b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Nov 11, 2022
|Earnings per share (EPS)||283.21|
|Net Profit Margin||6.00%|
How did YRB perform over the long term?See historical performance and comparison
4.3%Current Dividend Yield
Is YRB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for YRB?
Other financial metrics that can be useful for relative valuation.
|What is YRB's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does YRB's PE Ratio compare to its peers?
|YRB PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
HLE HELLA GmbH KGaA
YRB Yokohama Rubber
Price-To-Earnings vs Peers: YRB is good value based on its Price-To-Earnings Ratio (8x) compared to the peer average (18.7x).
Price to Earnings Ratio vs Industry
How does YRB's PE Ratio compare vs other companies in the European Auto Components Industry?
Price-To-Earnings vs Industry: YRB is good value based on its Price-To-Earnings Ratio (8x) compared to the German Auto Components industry average (10.1x)
Price to Earnings Ratio vs Fair Ratio
What is YRB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8x|
|Fair PE Ratio||12.1x|
Price-To-Earnings vs Fair Ratio: YRB is good value based on its Price-To-Earnings Ratio (8x) compared to the estimated Fair Price-To-Earnings Ratio (12.1x).
Share Price vs Fair Value
What is the Fair Price of YRB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: YRB (€16.1) is trading below our estimate of fair value (€24.4)
Significantly Below Fair Value: YRB is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Yokohama Rubber forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: YRB's forecast earnings growth (7.8% per year) is above the savings rate (-0.01%).
Earnings vs Market: YRB's earnings (7.8% per year) are forecast to grow slower than the German market (9.6% per year).
High Growth Earnings: YRB's earnings are forecast to grow, but not significantly.
Revenue vs Market: YRB's revenue (4.7% per year) is forecast to grow faster than the German market (4.6% per year).
High Growth Revenue: YRB's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: YRB's Return on Equity is forecast to be low in 3 years time (8.3%).
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How has Yokohama Rubber performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: YRB has a large one-off gain of ¥24.7B impacting its June 30 2022 financial results.
Growing Profit Margin: YRB's current net profit margins (6%) are lower than last year (9.8%).
Past Earnings Growth Analysis
Earnings Trend: YRB's earnings have grown by 9.6% per year over the past 5 years.
Accelerating Growth: YRB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: YRB had negative earnings growth (-26.2%) over the past year, making it difficult to compare to the Auto Components industry average (143.9%).
Return on Equity
High ROE: YRB's Return on Equity (7.3%) is considered low.
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How is Yokohama Rubber's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: YRB's short term assets (¥492.7B) exceed its short term liabilities (¥279.3B).
Long Term Liabilities: YRB's short term assets (¥492.7B) exceed its long term liabilities (¥252.7B).
Debt to Equity History and Analysis
Debt Level: YRB's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: YRB's debt to equity ratio has reduced from 92.7% to 37.2% over the past 5 years.
Debt Coverage: YRB's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: YRB earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Yokohama Rubber current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: YRB's dividend (4.32%) is higher than the bottom 25% of dividend payers in the German market (1.45%).
High Dividend: YRB's dividend (4.32%) is low compared to the top 25% of dividend payers in the German market (4.48%).
Stability and Growth of Payments
Stable Dividend: YRB's dividend payments have been volatile in the past 10 years.
Growing Dividend: YRB's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: Unable to calculate sustainability of dividends as YRB has not reported any payouts.
Cash Payout to Shareholders
Cash Flow Coverage: YRB is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Masataka Yamaishi (60 yo)
Mr. Masataka Yamaishi is President and Chairman of the Board of The Yokohama Rubber Company, Limited. Mr. Yamaishi served as Head of Corporate Planning Div. and Head of Tire Business Planning Div.at The Y...
Experienced Management: YRB's management team is seasoned and experienced (6.4 years average tenure).
Experienced Board: YRB's board of directors are considered experienced (7.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Yokohama Rubber Co., Ltd.'s employee growth, exchange listings and data sources
- Name: The Yokohama Rubber Co., Ltd.
- Ticker: YRB
- Exchange: DB
- Founded: 1917
- Industry: Tires and Rubber
- Sector: Automobiles
- Implied Market Cap: JP¥364.596b
- Listing Market Cap: JP¥2.649b
- Shares outstanding: 160.61m
- Website: https://www.y-yokohama.com
Number of Employees
- The Yokohama Rubber Co., Ltd.
- 36-11, Shimbashi 5-chome
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/17 00:00|
|End of Day Share Price||2022/08/17 00:00|
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.