DB:TC6

Stock Analysis Report

Executive Summary

Takeei Corporation engages in the environment management activities in Japan.

Snowflake

Fundamentals

Reasonable growth potential second-rate dividend payer.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

1.2%

TC6

2.4%

DE Commercial Services

3.9%

DE Market


1 Year Return

46.2%

TC6

-14.9%

DE Commercial Services

3.4%

DE Market

Return vs Industry: TC6 exceeded the German Commercial Services industry which returned -14.9% over the past year.

Return vs Market: TC6 exceeded the German Market which returned 3.4% over the past year.


Shareholder returns

TC6IndustryMarket
7 Day1.2%2.4%3.9%
30 Day11.6%0.7%2.1%
90 Day15.0%1.6%3.7%
1 Year49.7%46.2%-11.8%-14.9%6.7%3.4%
3 Year25.0%16.9%3.9%-5.0%18.9%8.6%
5 Year30.3%17.9%-4.4%-17.8%41.8%22.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

35.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: TC6 (€8.55) is trading below our estimate of fair value (€13.15)

Significantly Undervalued: TC6 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: TC6 is poor value based on its PE Ratio (31.7x) compared to the Commercial Services industry average (16.4x).

PE vs Market: TC6 is poor value based on its PE Ratio (31.7x) compared to the German market (19.4x).


Price to Earnings Growth Ratio

Low PEG Ratio: TC6 is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: TC6 is good value based on its PB Ratio (0.9x) compared to the DE Commercial Services industry average (2.7x).


Next Steps

Future Growth

How is Takeei forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

30.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TC6's forecast earnings growth (30.9% per year) is above the savings rate (0.2%).

Earnings vs Market: TC6's earnings (30.9% per year) are forecast to grow faster than the German market (12.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TC6's revenue (8.6% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: TC6's revenue (8.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if TC6's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Takeei performed over the past 5 years?

-35.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TC6's earnings have declined by -35.7% per year over the past 5 years.

Accelerating Growth: TC6's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TC6 had negative earnings growth (-3.8%) over the past year, making it difficult to compare to the Commercial Services industry average (7.2%).


Return on Equity

High ROE: TC6's Return on Equity (3.3%) is considered low.


Return on Assets

ROA vs Industry: TC6's Return on Assets is below or equal to the Commercial Services industry average last year.


Return on Capital Employed

ROCE Improving: TC6's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Takeei's financial position?


Financial Position Analysis

Short Term Liabilities: TC6's short term assets (¥17.0B) exceeds its short term liabilities (¥11.7B)

Long Term Liabilities: TC6's short term assets (17.0B) do not cover its long term liabilities (31.6B)


Debt to Equity History and Analysis

Debt Level: TC6's debt to equity ratio (126.9%) is considered high

Reducing Debt: TC6's debt to equity ratio has increased from 48.5% to 126.9% over the past 5 years.

Debt Coverage: TC6's debt is not well covered by operating cash flow (8.5%).

Interest Coverage: TC6's interest payments on its debt are well covered by EBIT (15x coverage).


Balance Sheet

Inventory Level: TC6 has a high level of physical assets or inventory.

Debt Coverage by Assets: TC6's debt is not covered by short term assets (assets are 0.5x debt).


Next Steps

Dividend

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

1.90%

Current Dividend Yield


Dividend Yield vs Market

company1.9%marketbottom25%1.5%markettop25%3.8%industryaverage3.7%forecastin3Years2.1%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: TC6's dividend (1.9%) is higher than the bottom 25% of dividend payers in the German market (1.46%).

High Dividend: TC6's dividend (1.9%) is low compared to the top 25% of dividend payers in the German market (3.83%).

Stable Dividend: TC6's dividend payments have been volatile in the past 10 years.

Growing Dividend: TC6's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (60%), TC6's dividend 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

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

7.3yrs

Average management tenure


CEO

Hitoshi Yamaguchi (71yo)

7.3yrs

Tenure

0

Mr. Hitoshi Yamaguchi serves as Executive Operating Officer and Director at Tachibana Eletech Co. Ltd. and served as its Managing Operating Officer also its Head of the Robot Systems Strategy Office. Mr. Y ...


Management Age and Tenure

7.3yrs

Average Tenure

61.5yo

Average Age

Experienced Management: TC6's management team is seasoned and experienced (7.3 years average tenure).


Board Age and Tenure

6.3yrs

Average Tenure

66yo

Average Age

Experienced Board: TC6's board of directors are considered experienced (6.3 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Hitoshi Yamaguchi (71yo)

    President & Representative Executive Officer

    • Tenure: 7.3yrs
  • Moritaka Tomiyama (62yo)

    General Manager Logistics Headquarters

    • Tenure: 12.3yrs
  • Shigeo Tokuyama (59yo)

    Managing Executive Officer

    • Tenure: 9.5yrs
  • Hiroshi Koshiishi (56yo)

    Senior Managing Executive Officer

    • Tenure: 9.5yrs
  • Mitsuo Abe (59yo)

    COO & Director

    • Tenure: 0yrs
  • Yoji Koike (61yo)

    Senior Managing Exec. Officer

    • Tenure: 6.3yrs
  • Hideo Yoshitomi (63yo)

    Managing Exec. Officer

    • Tenure: 5.3yrs
  • Shigeru Yanagisawa (66yo)

    Managing Executive Officer

    • Tenure: 0yrs

Board Members

  • Akihiko Umeda (72yo)

    External Director

    • Tenure: 0yrs
  • Mamoru Mitsumoto (72yo)

    Chairman

    • Tenure: 9.3yrs
  • Shigeo Tokuyama (59yo)

    Managing Executive Officer

    • Tenure: 9.5yrs
  • Kiyoshi Asakawa (74yo)

    External Auditor

    • Tenure: 13.3yrs
  • Mitsuo Abe (59yo)

    COO & Director

    • Tenure: 0yrs
  • Yoji Koike (61yo)

    Senior Managing Exec. Officer

    • Tenure: 6.3yrs
  • Hideo Yoshitomi (63yo)

    Managing Exec. Officer

    • Tenure: 5.3yrs
  • Naoto Yokoi (68yo)

    External Director

    • Tenure: 5.3yrs
  • Shigeru Yanagisawa (66yo)

    Managing Executive Officer

    • Tenure: 0yrs
  • Takeshi Uekawa

    Director

    • Tenure: 0.3yrs

Company Information

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


Key Information

  • Name: Takeei Corporation
  • Ticker: TC6
  • Exchange: DB
  • Founded: 1977
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: JP¥24.297b
  • Listing Market Cap: JP¥201.181m
  • Shares outstanding: 23.03m
  • Website: https://www.takeei.co.jp

Number of Employees


Location

  • Takeei Corporation
  • Shiba Park Building
  • A-10th Floor
  • Tokyo
  • 105-0011
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2151TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYMay 2007
TC6DB (Deutsche Boerse AG)YesCommon StockDEEURMay 2007

Biography

Takeei Corporation engages in the environment management activities in Japan. The company provides environmental consulting services; issues measurement certificates; and analyzes water and drinking water, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 21:05
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
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.