BST:09Y

Stock Analysis Report

Executive Summary

Ya-Man Ltd. engages in the research and development, manufacture, and import/export sale of beauty and health equipment in Japan and internationally.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Share Price & News

How has Ya-Man's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.7%

09Y

-1.2%

DE Personal Products

2.8%

DE Market


1 Year Return

-62.5%

09Y

22.9%

DE Personal Products

3.0%

DE Market

Return vs Industry: 09Y underperformed the German Personal Products industry which returned 22.9% over the past year.

Return vs Market: 09Y underperformed the German Market which returned 3% over the past year.


Share holder returns

09YIndustryMarket
7 Day-1.7%-1.2%2.8%
30 Day-16.1%-2.9%0.2%
90 Day-22.7%-1.9%1.3%
1 Year-62.3%-62.5%25.8%22.9%6.2%3.0%
3 Yearn/a48.1%38.1%18.2%8.0%
5 Yearn/a110.9%87.9%43.1%23.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Ya-Man undervalued based on future cash flows and its price relative to the stock market?

35%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: 09Y (€5.7) is trading below our estimate of fair value (€8.79)

Significantly Undervalued: 09Y is trading below fair value, but not by a significant amount.


Price Based on Earnings

PE vs Industry: 09Y is good value based on its PE Ratio (15.8x) compared to the Personal Products industry average (21.6x).

PE vs Market: 09Y is good value based on its PE Ratio (15.8x) compared to the German market (19.7x).


Price Based on Expected Growth

Low PEG Ratio: 09Y is poor value based on its PEG Ratio (2.5x)


Price Based on Value of Assets

PB vs Industry: 09Y is overvalued based on its PB Ratio (3x) compared to the XE Personal Products industry average (2.1x).


Next Steps

Future Growth

How is Ya-Man expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

6.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: 09Y's forecast earnings growth (6.4% per year) is above the savings rate (0.2%).

Earnings vs Market: 09Y's earnings (6.4% per year) are forecast to grow slower than the German market (12.8% per year).

High Growth Earnings: 09Y's earnings are forecast to grow, but not significantly.

Revenue vs Market: 09Y's revenue (2% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: 09Y's revenue (2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: 09Y's Return on Equity is forecast to be low in 3 years time (17.2%).


Next Steps

Past Performance

How has Ya-Man performed over the past 5 years?

40.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 09Y's earnings have grown significantly by 40.7% per year over the past 5 years.

Accelerating Growth: 09Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 09Y had negative earnings growth (-34.3%) over the past year, making it difficult to compare to the Personal Products industry average (3.6%).


Return on Equity

High ROE: 09Y's Return on Equity (19%) is considered low.


Return on Assets

ROA vs Industry: 09Y has a higher Return on Assets than the Personal Products industry average last year.


Return on Capital Employed

ROCE Improving: 09Y has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Ya-Man's financial position?


Financial Position Analysis

Short Term Liabilities: 09Y's short term assets (€14.4B) exceeds its short term liabilities (€3.5B)

Long Term Liabilities: 09Y's short term assets (€14.4B) exceeds its long term liabilities (€155.0M)


Debt to Equity History and Analysis

Debt Level: 09Y's debt to equity ratio (5%) is considered satisfactory

Reducing Debt: 09Y's debt to equity ratio has reduced from 19.8% to 5% over the past 5 years.

Debt Coverage: 09Y's debt is well covered by operating cash flow (282.1%).

Interest Coverage: 09Y's interest payments on its debt are well covered by EBIT (301x coverage).


Balance Sheet

Inventory Level: 09Y has a low level of unsold assets or inventory.

Debt Coverage by Assets: 09Y's debt is covered by short term assets (assets are 21.775750x debt).


Next Steps

Dividend

What is Ya-Man's current dividend yield, its reliability and sustainability?

0.52%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Ya-Man before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company0.5%marketbottom25%1.5%markettop25%3.9%industryaverage2.1%forecastin3Years0.5%

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: 09Y's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.46%).

High Dividend: 09Y's dividend (0.52%) is low compared to the top 25% of dividend payers in the German market (3.86%).

Stable Dividend: 09Y is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: 09Y is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 09Y is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 09Y's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

11.8yrs

Average management tenure


CEO

Kimiyo Yamazaki (58yo)

20.7yrs

Tenure

0

Mr. Kimiyo Yamazaki has been the President and Representative Director of Ya-Man Ltd. since February 1999 and July 1986 respectively and served as its Chief Executive Officer. Mr. Yamazaki joined YA-MAN, L ...


Management Age and Tenure

11.8yrs

Average Tenure

58yo

Average Age

Experienced Management: 09Y's management team is seasoned and experienced (11.8 years average tenure).


Board Age and Tenure

11.8yrs

Average Tenure

64yo

Average Age

Experienced Board: 09Y's board of directors are seasoned and experienced ( 11.8 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

  • Kimiyo Yamazaki (58yo)

    President and Representative Director

    • Tenure: 20.7yrs
  • Chihomi Ito (60yo)

    Vice President

    • Tenure: 30.5yrs
  • Iwao Yamazaki (64yo)

    General Manager of Development Division and Director

    • Tenure: 11.8yrs
  • Shota Toda (42yo)

    Manager of Health Equipment Business 2 Department Operations Division and Director

    • Tenure: 9.3yrs
  • Masaya Miyazaki (44yo)

    General Manager of Administration Division and Director

    • Tenure: 11.8yrs
  • Keiko Takayama

    Executive Officer and Manager of Health Equipment Business 1 Department

    • Tenure: 0yrs
  • Atsuko Kawasaki

    Chief of Promotion Planning Office and Executive Officer

    • Tenure: 0yrs
  • Ryoichi Kunimoto

    Executive Officer

    • Tenure: 0yrs

Board Members

  • Kimiyo Yamazaki (58yo)

    President and Representative Director

    • Tenure: 20.7yrs
  • Chihomi Ito (60yo)

    Vice President

    • Tenure: 30.5yrs
  • Iwao Yamazaki (64yo)

    General Manager of Development Division and Director

    • Tenure: 11.8yrs
  • Shota Toda (42yo)

    Manager of Health Equipment Business 2 Department Operations Division and Director

    • Tenure: 9.3yrs
  • Masaya Miyazaki (44yo)

    General Manager of Administration Division and Director

    • Tenure: 11.8yrs
  • Kazuo Ishida (65yo)

    External Director

    • Tenure: 0yrs
  • Eiji Iwasaki (69yo)

    External Standing Corporate Auditor

    • Tenure: 9.3yrs
  • Katsutoshi Yamada (77yo)

    External Auditor

    • Tenure: 12.3yrs
  • Yoshikazu Kameoka (76yo)

    External Auditor

    • Tenure: 11.3yrs
  • Michiko Shigeno

    External Director

    • Tenure: 4.3yrs

Company Information

Ya-Man Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ya-Man Ltd.
  • Ticker: 09Y
  • Exchange: BST
  • Founded: 1978
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: JP¥39.105b
  • Listing Market Cap: JP¥326.025m
  • Shares outstanding: 55.94m
  • Website: https://www.ya-man.com

Number of Employees


Location

  • Ya-Man Ltd.
  • Shingu Building
  • 2-4-2 Toyo
  • Tokyo
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6630TSE (The Tokyo Stock Exchange)YesCommon SharesJPJPYDec 2009
09YBST (Boerse-Stuttgart)YesCommon SharesDEEURDec 2009

Biography

Ya-Man Ltd. engages in the research and development, manufacture, and import/export sale of beauty and health equipment in Japan and internationally. The company offers face, body, hair, and cosmetic produ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/12 23:12
End of Day Share Price2019/10/11 00:00
Earnings2019/07/31
Annual Earnings2019/04/30


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.

© 2018 SIMPLY WALL STREET PTY LTD, COMMUNITY DESIGN 2845206, US DESIGN PATENT #29/544/281, EUROPEAN DESIGN REGISTRATION #2845206, STANDARD & POOR’S FINANCIAL SERVICES LLC. ALL RIGHTS RESERVED.

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Copyright © 2018, Standard & Poor’s Financial Services LLC. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. S&P DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. (2018)