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POLA Orbis Holdings Inc., through its subsidiaries, develops, manufactures, and sells cosmetics and related products in Japan and internationally. The last earnings update was 2 days ago. More info.
7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
---|---|---|---|---|---|---|
POLA Orbis Holdings (8PO) | 2.5% | 13.4% | 6.7% | -23.7% | 60.4% | - |
Europe Personal Products | 1.5% | 6.5% | 1.4% | 14.9% | 34.3% | 71.3% |
DE Market | 0.6% | 2% | -1.8% | -12.4% | 9.8% | 4% |
Sorry, no analysis for POLA Orbis Holdings's competitors could be found in our database.
Below are the data sources, inputs and calculation used to determine the intrinsic value for POLA Orbis Holdings.
Data Point | Source | Value |
---|---|---|
Valuation Model | 2 Stage Free Cash Flow to Equity | |
Levered Free Cash Flow | Average of 12 Analyst Estimates (S&P Global) | See below |
Discount Rate (Cost of Equity) | See below | 8% |
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.
Data Point | Calculation/ Source | Result |
---|---|---|
Risk-Free Rate | 10-Year DE Govt Bond Rate | 0.2% |
Equity Risk Premium | S&P Global | 9.8% |
Personal Products Unlevered Beta | Simply Wall St/ S&P Global | 0.38 |
Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.384 (1 + (1- 30.86%) (0.26%)) |
0.385 |
Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 9.77%) |
8.05% |
Discounted Cash Flow Calculation for DB:8PO using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for POLA Orbis Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
2019 | 2020 | 2021 | 2022 | 2023 | |
Levered FCF (JPY, Millions) | 30,393.17 | 32,386.17 | 36,519.00 | 39,800.00 | 42,158.51 |
Source | Analyst x6 | Analyst x6 | Analyst x3 | Analyst x2 | Est @ 5.93% |
Present Value Discounted (@ 8.05%) |
28,129.94 | 27,742.49 | 28,953.27 | 29,204.83 | 28,631.88 |
Present value of next 5 years cash flows | ¥142,662.41 |
Calculation | Result | |
---|---|---|
Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= ¥42,158.51 × (1 + 0.23%) ÷ (8.05% – 0.23%) |
¥540,506.42 |
Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= ¥540,506.42 ÷ (1 + 8.05%)5 |
¥367,083.98 |
Calculation | Result | |
---|---|---|
Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= ¥142,662.41 + ¥367,083.98 |
¥509,746.38 |
Equity Value per Share (JPY) |
= Total value / Shares Outstanding
= ¥509,746.38 / 221.18 |
¥17.96 |
Calculation | Result | |
---|---|---|
Non-primary Listing Adjustment Factor |
1 share in DB:8PO
represents 0.00779x
of
TSE:4927
(This could be a different class, a depositary receipt, a different currency, or all of these things.) |
0.00779x |
Value per Share (Listing Adjusted, EUR) |
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 2,304.67 x 0.00779 |
€17.96 |
Value per share (EUR) | From above. | €17.96 |
Current discount | Discount to share price of
€25.40
= -1 x (€25.40 - €17.96) / €17.96 |
-41.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Data Point | Source | Value |
---|---|---|
Earnings Per Share * | Company Filings (2018-12-31) in JPY | ¥37.92 |
TSE:4927 Share Price ** | TSE (2019-02-15) in JPY | ¥3260 |
Europe Personal Products Industry PE Ratio | Median Figure of 24 Publicly-Listed Personal Products Companies | 17.58x |
Germany Market PE Ratio | Median Figure of 420 Publicly-Listed Companies | 17.9x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of POLA Orbis Holdings.
Calculation | Outcome | |
---|---|---|
PE Ratio | = TSE:4927 Share Price ÷ EPS (both in JPY) = 3260 ÷ 37.92 |
85.96x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Data Point | Source | Value |
---|---|---|
PE Ratio | See PE Ratio Section | 85.96x |
Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts |
30.6%per year |
Europe Personal Products Industry PEG Ratio | Median Figure of 15 Publicly-Listed Personal Products Companies | 1.17x |
Germany Market PEG Ratio | Median Figure of 276 Publicly-Listed Companies | 1.43x |
*Line of best fit is calculated by linear regression .
Calculation | Outcome | |
---|---|---|
PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 85.96x ÷ 30.6% |
2.81x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Data Point | Source | Value |
---|---|---|
Book Value per Share | Company Filings (2018-12-31) in JPY | ¥853.01 |
TSE:4927 Share Price * | TSE (2019-02-15) in JPY | ¥3260 |
Europe Personal Products Industry PB Ratio | Median Figure of 39 Publicly-Listed Personal Products Companies | 2.08x |
Germany Market PB Ratio | Median Figure of 566 Publicly-Listed Companies | 1.76x |
Calculation | Outcome | |
---|---|---|
PB Ratio | = TSE:4927 Share Price ÷ Book Value per Share (both in JPY) = 3260 ÷ 853.01 |
3.82x |
* Primary Listing of POLA Orbis Holdings.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Data Point | Source | Value (per year) |
---|---|---|
DB:8PO Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts | 30.6% |
DB:8PO Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts | 4% |
Europe Personal Products Industry Earnings Growth Rate | Market Cap Weighted Average | -1.1% |
Europe Personal Products Industry Revenue Growth Rate | Market Cap Weighted Average | 4% |
Germany Market Earnings Growth Rate | Market Cap Weighted Average | 9.6% |
Germany Market Revenue Growth Rate | Market Cap Weighted Average | 4.9% |
*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.
Data Point | Source | Value |
---|---|---|
Past Financials | Company Filings (1 month ago) | See Below |
Future Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
Date (Data in JPY Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
---|---|---|---|---|
2022-12-31 | 301,350 | 54,350 | 41,630 | 2 |
2021-12-31 | 270,976 | 49,244 | 36,796 | 5 |
2020-12-31 | 272,135 | 44,541 | 33,872 | 12 |
2019-12-31 | 256,242 | 42,227 | 29,905 | 12 |
Date (Data in JPY Millions) | Revenue | Cash Flow | Net Income * |
---|---|---|---|
2018-12-31 | 248,574 | 30,283 | 8,388 |
2018-09-30 | 251,296 | 28,516 | |
2018-06-30 | 252,219 | 33,216 | 28,503 |
2018-03-31 | 247,787 | 27,766 | |
2017-12-31 | 244,335 | 35,333 | 27,137 |
2017-09-30 | 237,178 | 26,167 | |
2017-06-30 | 228,903 | 34,040 | 23,138 |
2017-03-31 | 225,040 | 19,608 | |
2016-12-31 | 218,482 | 23,561 | 17,447 |
2016-09-30 | 221,435 | 17,132 | |
2016-06-30 | 221,962 | 21,725 | 16,269 |
2016-03-31 | 218,912 | 15,265 |
*GAAP earnings excluding extraordinary items.
Data Point | Source | Value |
---|---|---|
Past Financials | Company Filings (1 month ago) | See Below |
Future Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
All data from POLA Orbis Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
Date (Data in JPY Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
---|---|---|---|---|
2022-12-31 | 188.25 | 203.30 | 173.20 | 2.00 |
2021-12-31 | 166.37 | 188.40 | 142.87 | 4.00 |
2020-12-31 | 152.81 | 173.00 | 131.12 | 12.00 |
2019-12-31 | 135.91 | 146.50 | 118.00 | 10.00 |
Date (Data in JPY Millions) | EPS * |
---|---|
2018-12-31 | 37.92 |
2018-09-30 | 128.93 |
2018-06-30 | 128.87 |
2018-03-31 | 125.54 |
2017-12-31 | 122.69 |
2017-09-30 | 118.31 |
2017-06-30 | 104.62 |
2017-03-31 | 88.66 |
2016-12-31 | 78.89 |
2016-09-30 | 77.47 |
2016-06-30 | 73.56 |
2016-03-31 | 69.03 |
*GAAP earnings excluding extraordinary items.
How has POLA Orbis Holdings performed over the past 5 years?
All data from POLA Orbis Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
Date (Data in JPY Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
---|---|---|---|---|
2018-12-31 | 248,574.00 | 8,388.00 | 164,169.00 | |
2018-09-30 | 251,296.00 | 28,516.00 | 160,290.00 | |
2018-06-30 | 252,219.00 | 28,503.00 | 160,592.00 | |
2018-03-31 | 247,787.00 | 27,766.00 | 158,093.00 | |
2017-12-31 | 244,335.00 | 27,137.00 | 155,449.00 | |
2017-09-30 | 237,178.00 | 26,167.00 | 148,551.00 | |
2017-06-30 | 228,903.00 | 23,138.00 | 144,321.00 | |
2017-03-31 | 225,040.00 | 19,608.00 | 142,734.00 | |
2016-12-31 | 218,482.00 | 17,447.00 | 141,532.00 | |
2016-09-30 | 221,435.00 | 17,132.00 | 143,749.00 | |
2016-06-30 | 221,962.00 | 16,269.00 | 144,308.00 | |
2016-03-31 | 218,912.00 | 15,265.00 | 143,759.00 | |
2015-12-31 | 214,788.00 | 14,095.00 | 141,325.00 | |
2015-09-30 | 208,578.00 | 14,760.00 | 136,600.00 | |
2015-06-30 | 201,937.00 | 12,772.00 | 133,337.00 | |
2015-03-31 | 193,273.00 | 10,358.00 | 129,353.00 | |
2014-12-31 | 198,094.00 | 10,382.00 | 132,427.00 | |
2014-09-30 | 196,028.00 | 7,292.00 | 131,834.00 | |
2014-06-30 | 195,880.00 | 7,616.00 | 131,262.00 | |
2014-03-31 | 200,330.00 | 8,530.00 | 132,633.00 | |
2013-12-31 | 191,355.00 | 7,318.00 | 129,054.00 | |
2013-09-30 | 188,495.00 | 7,899.00 | 128,016.00 | |
2013-06-30 | 185,881.00 | 7,298.00 | 127,132.00 | |
2013-03-31 | 183,166.00 | 7,218.00 | 125,229.00 | |
2012-12-31 | 180,873.00 | 6,681.00 | 123,410.00 | |
2012-09-30 | 176,435.00 | 6,251.00 | 122,761.00 | |
2012-06-30 | 174,127.00 | 7,835.00 | 120,139.00 | |
2012-03-31 | 170,125.00 | 8,166.00 | 117,573.00 |
*GAAP earnings excluding extraordinary items.
How is POLA Orbis Holdings's financial health and their level of debt?
All data from POLA Orbis Holdings Company Filings, last reported 1 month ago.
Date (Data in JPY Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
---|---|---|---|
2018-12-31 | 188,794.00 | 1,863.00 | 99,929.00 |
2018-09-30 | 202,665.00 | 0.00 | 84,337.00 |
2018-06-30 | 203,302.00 | 0.00 | 92,061.00 |
2018-03-31 | 194,435.00 | 0.00 | 80,830.00 |
2017-12-31 | 198,844.00 | 3,744.00 | 100,861.00 |
2017-09-30 | 195,478.00 | 1,600.00 | 93,088.00 |
2017-06-30 | 194,143.00 | 1,600.00 | 95,703.00 |
2017-03-31 | 185,872.00 | 1,600.00 | 88,801.00 |
2016-12-31 | 185,862.00 | 3,589.00 | 95,478.00 |
2016-09-30 | 179,486.00 | 1,600.00 | 57,116.00 |
2016-06-30 | 180,420.00 | 1,600.00 | 57,109.00 |
2016-03-31 | 178,846.00 | 1,600.00 | 52,367.00 |
2015-12-31 | 180,635.00 | 3,125.00 | 64,151.00 |
2015-09-30 | 174,427.00 | 1,600.00 | 52,237.00 |
2015-06-30 | 178,160.00 | 1,600.00 | 60,003.00 |
2015-03-31 | 173,925.00 | 2,888.00 | 52,353.00 |
2014-12-31 | 180,792.00 | 4,282.00 | 62,057.00 |
2014-09-30 | 175,507.00 | 4,671.00 | 46,268.00 |
2014-06-30 | 176,279.00 | 3,956.00 | 48,224.00 |
2014-03-31 | 175,045.00 | 2,501.00 | 42,290.00 |
2013-12-31 | 173,885.00 | 3,482.00 | 52,100.00 |
2013-09-30 | 169,643.00 | 2,145.00 | 43,906.00 |
2013-06-30 | 169,525.00 | 1,600.00 | 41,707.00 |
2013-03-31 | 168,429.00 | 1,600.00 | 39,273.00 |
2012-12-31 | 164,894.00 | 3,480.00 | 42,352.00 |
2012-09-30 | 158,132.00 | 1,779.00 | 44,116.00 |
2012-06-30 | 158,272.00 | 1,634.00 | 47,500.00 |
2012-03-31 | 158,425.00 | 1,557.00 | 44,292.00 |
What is POLA Orbis Holdings's current dividend yield, its reliability and sustainability?
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 12 Analyst Estimates (S&P Global) | See Below |
Europe Personal Products Industry Average Dividend Yield | Market Cap Weighted Average of 21 Stocks | 2.6% |
Germany Market Average Dividend Yield | Market Cap Weighted Average of 330 Stocks | 3.1% |
Germany Minimum Threshold Dividend Yield | 10th Percentile | 0.9% |
Germany Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
Germany Top 25% Dividend Yield | 75th Percentile | 4% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Date (Data in ¥) | Dividend per Share (annual) | Avg. No. Analysts |
---|---|---|
2022-12-31 | 109.00 | 2.00 |
2021-12-31 | 103.75 | 4.00 |
2020-12-31 | 91.70 | 10.00 |
2019-12-31 | 92.62 | 10.00 |
Date (Data in ¥) | Dividend per share (annual) | Avg. Yield (%) |
---|---|---|
2019-02-13 | 80.000 | 2.477 |
2018-10-30 | 80.000 | 2.618 |
2018-07-30 | 80.000 | 2.137 |
2018-05-01 | 80.000 | 1.628 |
2018-03-27 | 80.000 | 1.720 |
2018-02-14 | 80.000 | 1.795 |
2017-10-30 | 55.000 | 1.344 |
2017-05-01 | 55.000 | 1.736 |
2017-02-14 | 55.000 | 2.085 |
2016-11-11 | 55.000 | 2.315 |
2016-10-31 | 55.000 | 2.743 |
2016-08-12 | 55.000 | 2.500 |
2016-08-01 | 55.000 | 2.415 |
2016-05-02 | 50.000 | 2.103 |
2016-03-30 | 40.000 | 1.744 |
2016-02-15 | 50.000 | 2.343 |
2015-11-12 | 40.000 | 2.015 |
2015-10-30 | 40.000 | 2.051 |
2015-08-12 | 40.000 | 2.188 |
2015-07-30 | 40.000 | 2.032 |
2015-02-13 | 23.500 | 1.444 |
2014-11-14 | 20.000 | 1.683 |
2014-11-04 | 20.000 | 1.917 |
2014-08-11 | 23.500 | 2.224 |
2014-07-30 | 23.500 | 2.268 |
2014-04-30 | 21.750 | 2.137 |
2014-03-27 | 21.750 | 2.234 |
2014-02-13 | 21.750 | 2.245 |
2013-11-14 | 15.000 | 1.653 |
2013-10-30 | 15.000 | 1.775 |
2013-08-13 | 12.500 | 1.474 |
2013-07-30 | 15.000 | 1.730 |
2013-03-28 | 13.750 | 1.654 |
2013-02-14 | 13.750 | 1.887 |
2012-11-14 | 12.500 | 1.953 |
2012-10-30 | 12.500 | 2.050 |
2012-08-10 | 12.500 | 1.928 |
2012-07-30 | 12.500 | 1.891 |
2012-05-01 | 12.500 | 2.125 |
2012-03-29 | 12.500 | 2.078 |
2012-02-14 | 12.500 | 2.334 |
2011-11-14 | 12.500 | 2.485 |
2011-10-31 | 12.500 | 2.389 |
2011-08-12 | 12.500 | 2.327 |
2011-07-29 | 12.500 | 2.303 |
2011-04-28 | 11.250 | 2.284 |
2011-03-30 | 11.250 | 2.556 |
2011-02-14 | 11.250 | 2.500 |
2010-12-10 | 5.000 | 1.184 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
Prof. Suzuki Satoshi has been the President of Pola Orbis Holdings Inc since September 2006 and served as its Chief Executive Officer. Prof. Satoshi has been President and Head of Pola Art Foundation, Public Interest Incorporated Foundation (formerly Pola Art Foundation) since December 2000. He served as the President of POLA Chemical Industries Inc., since June 1996. Prof. Satoshi served as the President of Pola Kosan Y.K. since April 2004. He joined POLA Inc., (formerly POLA Cosmetics, Inc.) in May 1986 and served as its Chief of Overall Coordination Office. Prof. Satoshi joined Honda R&D Co., Ltd. He served as the President of Ninsogyo Y.K. since April 2001. Prof. Satoshi has been the Chairman of POLA Inc., since April 2010. He has been a Representative Director of Pola Orbis Holdings Inc., since September 2006 and POLA Inc. since January 2000. Prof. Satoshi has been a Representative Director of Pola Art Foundation, Public Interest Incorporated Foundation since December 2000. Prof. Satoshi served as a Representative Director of Pola Kosan Y.K. since April 2004. He served as a Director of P.O. Real Estate Inc., since December 2006. Prof. Satoshi served as a Director of POLA Real Estate Inc., since May 2000. Prof. Satoshi served as a Director of POLA Chemical Industries Inc. since February 1996. Prof. Satoshi served as a Director of Ninsogyo Y.K. since April 2001.
Average tenure of the POLA Orbis Holdings management team in years:
Average tenure and age of the POLA Orbis Holdings board of directors in years:
POLA Orbis Holdings Inc., through its subsidiaries, develops, manufactures, and sells cosmetics and related products in Japan and internationally. The company’s Beauty Care segment offers cosmetics; skincare products; health foods; and fashion products, such as women’s underwear, women’s apparel, and jewelry under the POLA, ORBIS, ORLANE, DECENCIA, THREE, H2O PLUS, and Jurlique brand names, as well as provides cosmetics, consulting, and facial esthetic treatment services. Its Real Estate segment is involved in the leasing of office buildings and residential properties. The company’s Others segment develops, manufactures, and sells cosmetics and quasi-pharmaceutical drugs, as well as provides pharmaceutical contract manufacturing services. This segment also provides building maintenance services. The company sells its products through department, directly operated retail, duty-free shops, and specialty cosmetics stores, as well as through door-to-door sales, and mail-order sales. POLA Orbis Holdings Inc. was founded in 1929 and is headquartered in Tokyo, Japan.
Name: | POLA Orbis Holdings Inc. |
8PO | |
Exchange: | DB |
Founded: | 1929 |
¥5,787,408,344 | |
221,179,303 | |
Website: | http://www.po-holdings.co.jp |
Address: |
POLA Orbis Holdings Inc. Pola Ginza Building, 1-7-7 Ginza, Tokyo, 104-0061, Japan |
Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
---|---|---|---|---|---|---|---|
TSE | 4927 | Common Shares | The Tokyo Stock Exchange | JP | JPY | 10. Dec 2010 | |
OTCPK | PORB.F | Common Shares | Pink Sheets LLC | US | USD | 10. Dec 2010 | |
DB | 8PO | Common Shares | Deutsche Boerse AG | DE | EUR | 10. Dec 2010 |
Personal Products | |
Household |
Area | Date (UTC time) |
---|---|
Company Analysis updated: | 2019/02/15 22:35 |
End of day share price update: | 2019/02/15 00:00 |
Last estimates confirmation: | 2019/02/14 |
Last earnings filing: | 2019/02/13 |
Last earnings reported: | 2018/12/31 |
Last annual earnings reported: | 2018/12/31 |
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.