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Amada Holdings

MUN:AA2
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AA2
MUN
¥437B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Amada Holdings Co., Ltd., together with its subsidiaries, engages in the manufacture, sale, lease, repair, maintenance, checking, and inspection of metalworking machinery and equipment in Japan, North America, Europe, other countries in Asia, and internationally. The last earnings update was 63 days ago. More info.


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AA2 Share Price and Events
7 Day Returns
1.5%
MUN:AA2
5%
DE Machinery
2.5%
DE Market
1 Year Returns
-3.5%
MUN:AA2
-18.1%
DE Machinery
-6.7%
DE Market
AA2 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Amada Holdings (AA2) 1.5% 9.8% 10.8% -3.5% 1.9% 78.2%
DE Machinery 5% 9.3% 8% -18.1% -3.4% 17.3%
DE Market 2.5% 3.3% 9.2% -6.7% 9% 13.5%
1 Year Return vs Industry and Market
  • AA2 outperformed the Machinery industry which returned -18.1% over the past year.
  • AA2 outperformed the Market in Germany which returned -6.7% over the past year.
Price Volatility
AA2
Industry
5yr Volatility vs Market
Related Companies

AA2 Value

 Is Amada Holdings 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 Amada Holdings 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 Amada Holdings.

MUN:AA2 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.6%
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 MUN:AA2
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.067 (1 + (1- 30.86%) (4.4%))
1.067
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.07
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.067 * 5.96%)
6.59%

Discounted Cash Flow Calculation for MUN:AA2 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Amada Holdings 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.

MUN:AA2 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 6.59%)
2019 24,516.00 Analyst x2 23,001.05
2020 23,261.50 Analyst x4 20,475.47
2021 26,411.75 Analyst x4 21,811.80
2022 27,135.34 Est @ 2.74% 21,024.59
2023 27,674.28 Est @ 1.99% 20,117.17
2024 28,077.97 Est @ 1.46% 19,149.36
2025 28,383.88 Est @ 1.09% 18,161.77
2026 28,619.76 Est @ 0.83% 17,181.09
2027 28,805.83 Est @ 0.65% 16,224.19
2028 28,956.62 Est @ 0.52% 15,301.31
Present value of next 10 years cash flows ¥192,447.79
MUN:AA2 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥28,956.62 × (1 + 0.23%) ÷ (6.59% – 0.23%)
¥456,443.41
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥456,443.41 ÷ (1 + 6.59%)10
¥241,194.67
MUN:AA2 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥192,447.79 + ¥241,194.67
¥433,642.46
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥433,642.46 / 351.14
¥1234.97
MUN:AA2 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in MUN:AA2 represents 0.00774x of TSE:6113
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00774x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 1,234.97 x 0.00774
€9.56
Value per share (EUR) From above. €9.56
Current discount Discount to share price of €9.63
= -1 x (€9.63 - €9.56) / €9.56
-0.7%

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

  • The current share price of Amada Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Amada Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Amada Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MUN:AA2 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in JPY ¥91.55
TSE:6113 Share Price ** TSE (2019-04-18) in JPY ¥1244
Germany Machinery Industry PE Ratio Median Figure of 38 Publicly-Listed Machinery Companies 18.17x
Germany Market PE Ratio Median Figure of 421 Publicly-Listed Companies 19.69x

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

** Primary Listing of Amada Holdings.

MUN:AA2 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:6113 Share Price ÷ EPS (both in JPY)

= 1244 ÷ 91.55

13.59x

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

  • Amada Holdings is good value based on earnings compared to the DE Machinery industry average.
  • Amada Holdings is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Amada Holdings's expected growth come at a high price?
Raw Data
MUN:AA2 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
6.2%per year
Germany Machinery Industry PEG Ratio Median Figure of 29 Publicly-Listed Machinery Companies 1.76x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

MUN:AA2 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.59x ÷ 6.2%

2.18x

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

  • Amada Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Amada Holdings's assets?
Raw Data
MUN:AA2 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in JPY ¥1,194.20
TSE:6113 Share Price * TSE (2019-04-18) in JPY ¥1244
Germany Machinery Industry PB Ratio Median Figure of 46 Publicly-Listed Machinery Companies 1.84x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
MUN:AA2 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:6113 Share Price ÷ Book Value per Share (both in JPY)

= 1244 ÷ 1,194.20

1.04x

* Primary Listing of Amada Holdings.

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

  • Amada Holdings is good value based on assets compared to the DE Machinery industry average.
X
Value checks
We assess Amada Holdings'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 Machinery 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 Machinery industry average (and greater than 0)? (1 check)
  5. Amada Holdings has a total score of 3/6, 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.

AA2 Future Performance

 How is Amada Holdings expected to perform in the next 1 to 3 years based on estimates from 8 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
6.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Amada Holdings expected to grow at an attractive rate?
  • Amada Holdings's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Amada Holdings's earnings growth is positive but not above the Germany market average.
  • Amada Holdings's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
MUN:AA2 Future Growth Rates Data Sources
Data Point Source Value (per year)
MUN:AA2 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 6.2%
MUN:AA2 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 5.3%
Germany Machinery Industry Earnings Growth Rate Market Cap Weighted Average 11.5%
Germany Machinery Industry Revenue Growth Rate Market Cap Weighted Average 5.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
MUN:AA2 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MUN:AA2 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-03-31 446,100 47,200 1
2022-03-31 425,900 45,000 1
2021-03-31 343,613 44,412 32,649 8
2020-03-31 335,888 41,262 31,819 8
2019-03-31 330,898 41,516 32,105 8
MUN:AA2 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2018-12-31 331,659 33,479
2018-09-30 321,155 21,144 34,026
2018-06-30 313,389 32,355
2018-03-31 300,655 32,406 29,856
2017-12-31 289,435 28,844
2017-09-30 287,482 42,325 29,374
2017-06-30 279,990 26,788
2017-03-31 278,840 26,023 25,894
2016-12-31 282,149 21,318
2016-09-30 285,806 39,292 22,144
2016-06-30 300,456 25,498
2016-03-31 304,018 52,733 27,425

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Amada Holdings's earnings are expected to grow by 6.2% yearly, however this is not considered high growth (20% yearly).
  • Amada Holdings's revenue is expected to grow by 5.3% 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
MUN:AA2 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 8 Analyst Estimates (S&P Global) See Below

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

MUN:AA2 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-03-31
2022-03-31
2021-03-31 89.31 116.70 76.87 9.00
2020-03-31 87.76 109.30 70.97 9.00
2019-03-31 89.72 96.10 87.48 8.00
MUN:AA2 Past Financials Data
Date (Data in JPY Millions) EPS *
2018-12-31 91.55
2018-09-30 93.02
2018-06-30 88.45
2018-03-31 81.62
2017-12-31 78.87
2017-09-30 80.34
2017-06-30 73.28
2017-03-31 70.85
2016-12-31 58.34
2016-09-30 60.61
2016-06-30 69.71
2016-03-31 74.56

*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.
  • Amada Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Amada Holdings'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.
Amada Holdings has a total score of 2/6, 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.

AA2 Past Performance

  How has Amada Holdings 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 Amada Holdings's growth in the last year to its industry (Machinery).
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.
  • Amada Holdings's year on year earnings growth rate has been positive over the past 5 years.
  • Amada Holdings's 1-year earnings growth is less than its 5-year average (16.1% vs 18.1%)
  • Amada Holdings's earnings growth has exceeded the DE Machinery industry average in the past year (16.1% vs -5%).
Earnings and Revenue History
Amada Holdings'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 Amada Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MUN:AA2 Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 331,659.00 33,479.00 87,287.00 6,838.00
2018-09-30 321,155.00 34,026.00 84,692.00 6,838.00
2018-06-30 313,389.00 32,355.00 82,596.00 6,838.00
2018-03-31 300,655.00 29,856.00 81,093.00 6,838.00
2017-12-31 289,435.00 28,844.00 80,117.00 7,112.00
2017-09-30 287,482.00 29,374.00 79,155.00 7,112.00
2017-06-30 279,990.00 26,788.00 78,229.00 7,112.00
2017-03-31 278,840.00 25,894.00 78,055.00 7,112.00
2016-12-31 282,149.00 21,318.00 78,898.00 7,766.00
2016-09-30 285,806.00 22,144.00 78,796.00 7,766.00
2016-06-30 300,456.00 25,498.00 81,686.00 7,766.00
2016-03-31 304,018.00 27,425.00 82,046.00 7,766.00
2015-12-31 310,427.00 28,625.00 81,167.00 8,332.00
2015-09-30 300,625.00 26,079.00 80,914.00 8,332.00
2015-06-30 292,100.00 20,891.00 80,694.00 8,332.00
2015-03-31 286,527.00 18,423.00 80,485.00 8,332.00
2014-12-31 284,997.00 17,730.00 78,851.00 9,048.00
2014-09-30 275,171.00 15,290.00 77,539.00 9,048.00
2014-06-30 262,707.00 12,913.00 75,068.00 9,048.00
2014-03-31 256,482.00 12,184.00 72,694.00 9,048.00
2013-12-31 226,462.00 8,832.00 69,653.00 7,491.00
2013-09-30 211,324.00 6,936.00 64,976.00 7,491.00
2013-06-30 198,145.00 5,477.00 61,097.00 7,491.00
2013-03-31 190,018.00 4,126.00 57,781.00 7,491.00
2012-12-31 187,853.00 4,463.00 69,082.00
2012-09-30 189,293.00 3,598.00 68,939.00
2012-06-30 187,886.00 3,359.00 57,496.00 7,022.00

*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.
  • Amada Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Amada Holdings used its assets more efficiently than the DE Machinery industry average last year based on Return on Assets.
  • Amada Holdings's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Amada Holdings'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 Machinery 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.
Amada Holdings has a total score of 3/6, 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.

AA2 Health

 How is Amada Holdings'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 Amada Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Amada Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Amada Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Amada Holdings'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 16.8x 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 Amada Holdings Company Filings, last reported 3 months ago.

MUN:AA2 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 438,619.00 19,232.00 57,074.00
2018-09-30 448,424.00 21,001.00 68,424.00
2018-06-30 434,014.00 19,206.00 66,630.00
2018-03-31 438,863.00 13,635.00 97,378.00
2017-12-31 432,943.00 15,434.00 97,350.00
2017-09-30 431,534.00 15,102.00 95,412.00
2017-06-30 419,013.00 16,055.00 100,703.00
2017-03-31 419,970.00 17,452.00 106,030.00
2016-12-31 409,395.00 20,833.00 102,309.00
2016-09-30 398,061.00 18,703.00 101,455.00
2016-06-30 392,640.00 20,758.00 105,074.00
2016-03-31 419,380.00 34,111.00 131,185.00
2015-12-31 420,955.00 35,983.00 114,098.00
2015-09-30 424,122.00 40,372.00 113,359.00
2015-06-30 421,357.00 36,612.00 116,415.00
2015-03-31 426,479.00 39,549.00 113,942.00
2014-12-31 408,752.00 35,514.00 93,726.00
2014-09-30 401,885.00 34,682.00 92,521.00
2014-06-30 397,732.00 33,351.00 91,404.00
2014-03-31 417,002.00 33,850.00 107,565.00
2013-12-31 401,378.00 31,103.00 97,156.00
2013-09-30 399,444.00 30,724.00 90,932.00
2013-06-30 391,375.00 25,338.00 86,863.00
2013-03-31 385,101.00 22,589.00 77,237.00
2012-12-31 368,160.00 15,562.00 75,443.00
2012-09-30 370,417.00 12,972.00 82,019.00
2012-06-30 373,758.00 11,427.00 89,371.00
  • Amada Holdings's level of debt (4.4%) 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 (7.8% vs 4.4% today).
  • Debt is well covered by operating cash flow (109.9%, greater than 20% of total debt).
  • Amada Holdings earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Amada Holdings'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. Amada Holdings 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.

AA2 Dividends

 What is Amada Holdings'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
3.38%
Current annual income from Amada Holdings dividends. Estimated to be 3.74% next year.
If you bought €2,000 of Amada Holdings shares you are expected to receive €68 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?
  • Amada Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Amada Holdings's dividend is below the markets top 25% of dividend payers in Germany (3.74%).
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
MUN:AA2 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 8 Analyst Estimates (S&P Global) See Below
Germany Machinery Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 2.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

MUN:AA2 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2023-03-31
2022-03-31
2021-03-31 47.00 7.00
2020-03-31 46.00 7.00
2019-03-31 44.13 8.00
MUN:AA2 Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2018-06-27 42.000 3.775
2018-05-10 42.000 3.535
2018-02-09 44.000 3.296
2017-11-14 44.000 2.852
2017-06-28 40.000 3.141
2017-05-12 40.000 3.047
2016-06-28 36.000 3.017
2016-05-12 36.000 3.136
2016-02-12 36.000 3.286
2016-02-10 36.000 3.649
2015-11-13 36.000 3.192
2015-11-12 36.000 3.156
2015-06-26 32.000 2.885
2015-05-13 32.000 2.471
2015-02-13 26.000 2.250
2015-02-10 26.000 2.444
2014-11-14 26.000 2.459
2014-11-13 26.000 2.486
2014-08-06 26.000 2.666
2014-06-27 26.000 2.564
2014-05-15 26.000 2.587
2014-02-07 14.000 1.822
2013-11-14 14.000 1.574
2013-08-08 14.000 1.706
2013-06-27 12.000 1.682
2013-05-15 14.000 1.944
2013-02-12 12.000 1.840
2012-11-09 12.000 2.356
2012-11-02 12.000 2.897
2012-08-02 16.000 4.278
2012-06-28 16.000 3.729
2012-05-10 16.000 3.454
2012-02-09 12.000 2.161
2012-02-02 12.000 2.285
2011-11-10 12.000 2.456
2011-11-02 12.000 2.457
2011-08-04 12.000 2.321
2011-06-29 12.000 1.918
2011-05-12 12.000 2.035
2011-02-10 10.000 1.489
2011-02-03 10.000 1.375
2010-11-11 10.000 1.553
2010-11-04 10.000 1.791
2010-06-29 10.000 1.805
2010-05-13 10.000 1.535
2010-02-12 10.000 1.354
2010-02-04 10.000 1.599
2009-11-12 10.000 1.732
2009-11-05 10.000 1.840
2009-08-05 10.000 1.634
2009-05-14 10.000 1.643
2009-04-20 16.000 2.611

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 Amada Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.1x 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 Amada Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Amada Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Amada Holdings 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.

AA2 Management

 What is the CEO of Amada Holdings'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
Mitsuo Okamoto
COMPENSATION ¥145,000,000
AGE 75
TENURE AS CEO 9.8 years
CEO Bio

Mr. Mitsuo Okamoto serves as the President of Amada America at Amada Machine Tools Co., Ltd. Mr. Okamoto has been the Chief Executive Officer of Amada Holdings Co., Ltd since June 2009 and served as its President. Mr. Okamoto served as the Executive President of Amada Co. Ltd. He has been the Chairman of Amada Holdings Co., Ltd. since April 2015 and has been its Executive Director since June 2003. Mr. Okamoto Joined Amada Holdings Co., Ltd. in August 1972. Mr. Okamoto served as Manager of Odawara Plant at Amada Holdings Co., Ltd since October 1988.

CEO Compensation
  • Mitsuo's compensation has been consistent with company performance over the past year.
  • Mitsuo's remuneration is lower than average for companies of similar size in Germany.
Management Team

Mitsuo Okamoto

TITLE
Chairman & CEO
COMPENSATION
¥145M
AGE
75
TENURE
9.8 yrs

Tsutomu Isobe

TITLE
President
AGE
57
TENURE
4 yrs

Kotaro Shibata

TITLE
MD of Sales & Marketing

Takashi Yuuki

TITLE
Corporate Officer of General Affairs & Human Resources HQ

Masayuki Kunimaru

TITLE
Corporate Officer
Board of Directors Tenure

Average tenure and age of the Amada Holdings board of directors in years:

4
Average Tenure
70
Average Age
  • The tenure for the Amada Holdings board of directors is about average.
Board of Directors

Mitsuo Okamoto

TITLE
Chairman & CEO
COMPENSATION
¥145M
AGE
75
TENURE
4 yrs

Tsutomu Isobe

TITLE
President
AGE
57
TENURE
11.8 yrs

Kotaro Shibata

TITLE
MD of Sales & Marketing

Toshitake Chino

TITLE
External Director
AGE
72
TENURE
4.8 yrs

Hidekazu Miyoshi

TITLE
External Director
AGE
68
TENURE
4 yrs

Hidekazu Kudo

TITLE
Director
TENURE
1.8 yrs

Michiyoshi Mazuka

TITLE
External Director
AGE
75
TENURE
2.8 yrs

Kazuhiko Miwa

TITLE
Director
TENURE
0.8 yrs

Takaya Shigeta

TITLE
AGE
67
TENURE
4 yrs

Katsuhide Ito

TITLE
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Amada Holdings'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. Amada Holdings 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.

AA2 News

Simply Wall St News

AA2 Company Info

Description

Amada Holdings Co., Ltd., together with its subsidiaries, engages in the manufacture, sale, lease, repair, maintenance, checking, and inspection of metalworking machinery and equipment in Japan, North America, Europe, other countries in Asia, and internationally. It offers sheet metal fabrication machines, including laser machines, turret punch presses, press brakes, and welders, as well as software solutions; metal cutting machines, such as band saw and structural steel machines that are used in the fabrication of steel frames for high-rise buildings, bridges, and other structures; and machine tools, which include multiprocess centers, grinding machines, and electrical discharge machines for use in the precision finishing of medical devices and other equipment. The company also provides stamping presses for producing electronic parts; and precision welding machines, such as laser welders and markers, resistance welders, and systems for use in automotive electrical equipment, secondary batteries, household electrical appliances, LCD displays, personal computers, medical devices, and other products. In addition, it offers saw blades; conveyor devices, power transmission devices, automatic control units, and other equipment; tooling peripheral machines; and toolings for punching and bending, and hydraulic punch presses. The company was formerly known as Amada Co., Ltd. and changed its name to Amada Holdings Co., Ltd. in April 2015. Amada Holdings Co., Ltd. was founded in 1946 and is headquartered in Isehara, Japan.

Details
Name: Amada Holdings Co., Ltd.
AA2
Exchange: MUN
Founded: 1946
¥3,472,032,024
351,136,737
Website: http://www.amadaholdings.co.jp/en
Address: Amada Holdings Co., Ltd.
200, Ishida,
Isehara,
Kanagawa, 259-1196,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 6113 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
OTCPK AMDW.F Common Stock Pink Sheets LLC US USD 06. Jan 1992
MUN AA2 Common Stock Boerse Muenchen DE EUR 06. Jan 1992
OTCPK AMDL.Y ADR Pink Sheets LLC US USD 19. Nov 1992
Number of employees
Current staff
Staff numbers
8,228
Amada Holdings employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 21:51
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


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.