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OSAKA Titanium technologiesLtd

DB:S5M
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
S5M
DB
¥59B
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

OSAKA Titanium technologies Co.,Ltd. manufactures and sells titanium and silicon products. The last earnings update was 69 days ago. More info.


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S5M Share Price and Events
7 Day Returns
-3.8%
DB:S5M
4.7%
DE Metals and Mining
1.5%
DE Market
1 Year Returns
-22.1%
DB:S5M
-36.1%
DE Metals and Mining
-6.2%
DE Market
S5M Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
OSAKA Titanium technologiesLtd (S5M) -3.8% -5.4% -5.1% -22.1% 5.9% -9.9%
DE Metals and Mining 4.7% 10.3% -4.9% -36.1% -23.6% -20.5%
DE Market 1.5% 6% 8.5% -6.2% 10.7% 15.3%
1 Year Return vs Industry and Market
  • S5M outperformed the Metals and Mining industry which returned -36.1% over the past year.
  • S5M underperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
S5M
Industry
5yr Volatility vs Market

Value

 Is OSAKA Titanium technologiesLtd 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 OSAKA Titanium technologiesLtd 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 OSAKA Titanium technologiesLtd.

DB:S5M Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.9%
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 DB:S5M
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.132 (1 + (1- 30.86%) (70.75%))
1.459
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.46
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.459 * 5.96%)
8.92%

Discounted Cash Flow Calculation for DB:S5M using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for OSAKA Titanium technologiesLtd 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.

DB:S5M DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 8.92%)
2019 9,000.00 Analyst x1 8,262.59
2020 3,910.00 Analyst x2 3,295.52
2021 510.00 Analyst x2 394.63
2022 333.65 Est @ -34.58% 237.02
2023 253.12 Est @ -24.14% 165.08
2024 210.53 Est @ -16.83% 126.05
2025 185.87 Est @ -11.71% 102.17
2026 170.76 Est @ -8.13% 86.18
2027 161.16 Est @ -5.62% 74.67
2028 154.93 Est @ -3.87% 65.90
Present value of next 10 years cash flows ¥12,809.80
DB:S5M DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥154.93 × (1 + 0.23%) ÷ (8.92% – 0.23%)
¥1,785.55
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥1,785.55 ÷ (1 + 8.92%)10
¥759.46
DB:S5M Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥12,809.80 + ¥759.46
¥13,569.26
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥13,569.26 / 36.80
¥368.74
DB:S5M Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:S5M represents 0.00786x of TSE:5726
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00786x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 368.74 x 0.00786
€2.90
Value per share (EUR) From above. €2.90
Current discount Discount to share price of €12.52
= -1 x (€12.52 - €2.90) / €2.90
-332%

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

  • The current share price of OSAKA Titanium technologiesLtd 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 OSAKA Titanium technologiesLtd's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are OSAKA Titanium technologiesLtd's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:S5M PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in JPY ¥-199.84
TSE:5726 Share Price ** TSE (2019-04-23) in JPY ¥1593
Germany Metals and Mining Industry PE Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 15.2x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.6x

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

** Primary Listing of OSAKA Titanium technologiesLtd.

DB:S5M PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:5726 Share Price ÷ EPS (both in JPY)

= 1593 ÷ -199.84

-7.97x

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

  • OSAKA Titanium technologiesLtd is loss making, we can't compare its value to the DE Metals and Mining industry average.
  • OSAKA Titanium technologiesLtd is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does OSAKA Titanium technologiesLtd's expected growth come at a high price?
Raw Data
DB:S5M PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.97x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
91.1%per year
Europe Metals and Mining Industry PEG Ratio Median Figure of 62 Publicly-Listed Metals and Mining Companies 0.68x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for OSAKA Titanium technologiesLtd, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on OSAKA Titanium technologiesLtd's assets?
Raw Data
DB:S5M PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in JPY ¥749.25
TSE:5726 Share Price * TSE (2019-04-23) in JPY ¥1593
Germany Metals and Mining Industry PB Ratio Median Figure of 8 Publicly-Listed Metals and Mining Companies 2.1x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:S5M PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:5726 Share Price ÷ Book Value per Share (both in JPY)

= 1593 ÷ 749.25

2.13x

* Primary Listing of OSAKA Titanium technologiesLtd.

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

  • OSAKA Titanium technologiesLtd is overvalued based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess OSAKA Titanium technologiesLtd'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 Metals and Mining 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 Metals and Mining industry average (and greater than 0)? (1 check)
  5. OSAKA Titanium technologiesLtd has a total score of 0/6, 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.

Future Performance

 How is OSAKA Titanium technologiesLtd expected to perform in the next 1 to 3 years based on estimates from 3 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
91.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is OSAKA Titanium technologiesLtd expected to grow at an attractive rate?
  • OSAKA Titanium technologiesLtd's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • OSAKA Titanium technologiesLtd's earnings growth is expected to exceed the Germany market average.
  • OSAKA Titanium technologiesLtd's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:S5M Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:S5M Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 91.1%
DB:S5M Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts -5.9%
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 31.5%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
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
DB:S5M Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:S5M Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 38,933 3,660 2,957 3
2020-03-31 36,867 8,010 2,273 3
2019-03-31 43,650 11,600 -1,100 2
DB:S5M Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2018-12-31 44,312 -7,354
2018-09-30 44,865 8,413 1,979
2018-06-30 41,661 1,693
2018-03-31 43,431 7,332 1,857
2017-12-31 41,925 2,012
2017-09-30 39,338 4,114 1,802
2017-06-30 39,619 1,443
2017-03-31 39,180 -1,905 579
2016-12-31 37,033 -8,762
2016-09-30 35,544 1,926 -10,150
2016-06-30 37,611 -9,775
2016-03-31 41,149 6,077 -8,840

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • OSAKA Titanium technologiesLtd's earnings are expected to grow significantly at over 20% yearly.
  • OSAKA Titanium technologiesLtd's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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
DB:S5M 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 3 Analyst Estimates (S&P Global) See Below

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

DB:S5M Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 80.37 82.10 78.81 3.00
2020-03-31 61.76 63.00 59.78 3.00
2019-03-31 -29.90 -29.89 -29.90 2.00
DB:S5M Past Financials Data
Date (Data in JPY Millions) EPS *
2018-12-31 -199.84
2018-09-30 53.78
2018-06-30 46.01
2018-03-31 50.46
2017-12-31 54.68
2017-09-30 48.97
2017-06-30 39.21
2017-03-31 15.73
2016-12-31 -238.11
2016-09-30 -275.82
2016-06-30 -265.63
2016-03-31 -240.23

*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.
  • OSAKA Titanium technologiesLtd is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess OSAKA Titanium technologiesLtd'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 Europe 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.
OSAKA Titanium technologiesLtd has a total score of 3/6, 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.

Past Performance

  How has OSAKA Titanium technologiesLtd 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 OSAKA Titanium technologiesLtd's growth in the last year to its industry (Metals and Mining).
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.
  • OSAKA Titanium technologiesLtd does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare OSAKA Titanium technologiesLtd's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare OSAKA Titanium technologiesLtd's 1-year growth to the DE Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
OSAKA Titanium technologiesLtd'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 OSAKA Titanium technologiesLtd Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:S5M 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 44,312.00 -7,354.00 3,556.00 621.00
2018-09-30 44,865.00 1,979.00 3,673.00 621.00
2018-06-30 41,661.00 1,693.00 3,670.00 621.00
2018-03-31 43,431.00 1,857.00 3,844.00 621.00
2017-12-31 41,925.00 2,012.00 4,632.00 461.00
2017-09-30 39,338.00 1,802.00 4,662.00 461.00
2017-06-30 39,619.00 1,443.00 4,797.00 461.00
2017-03-31 39,180.00 579.00 4,805.00 461.00
2016-12-31 37,033.00 -8,762.00 4,527.00 495.00
2016-09-30 35,544.00 -10,150.00 4,390.00 495.00
2016-06-30 37,611.00 -9,775.00 4,243.00 495.00
2016-03-31 41,149.00 -8,840.00 4,043.00 495.00
2015-12-31 42,532.00 371.00 3,352.00 602.00
2015-09-30 44,508.00 1,554.00 3,271.00 602.00
2015-06-30 44,039.00 1,612.00 3,231.00 602.00
2015-03-31 40,356.00 2,666.00 3,263.00 602.00
2014-12-31 40,259.00 545.00 3,149.00 781.00
2014-09-30 40,557.00 253.00 3,402.00 781.00
2014-06-30 40,313.00 -2,346.00 3,538.00 781.00
2014-03-31 42,909.00 -2,906.00 3,733.00 781.00
2013-12-31 44,494.00 -1,190.00 4,145.00 687.00
2013-09-30 47,668.00 -240.00 4,185.00 687.00
2013-06-30 50,664.00 1,886.00 4,245.00 687.00
2013-03-31 55,875.00 2,075.00 4,488.00 687.00
2012-12-31 61,167.00 2,231.00 4,627.00 547.00
2012-09-30 63,561.00 2,162.00 4,863.00 547.00
2012-06-30 66,344.00 3,211.00 4,972.00 547.00

*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.
  • It is difficult to establish if OSAKA Titanium technologiesLtd has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if OSAKA Titanium technologiesLtd has efficiently used its assets last year compared to the DE Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if OSAKA Titanium technologiesLtd improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess OSAKA Titanium technologiesLtd'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 Metals and Mining 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.
OSAKA Titanium technologiesLtd has a total score of 0/6, 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.

Health

 How is OSAKA Titanium technologiesLtd'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 OSAKA Titanium technologiesLtd's finances.

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

DB:S5M Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 27,571.00 41,474.00 9,459.00
2018-09-30 36,023.00 41,447.00 6,078.00
2018-06-30 35,645.00 41,535.00 5,529.00
2018-03-31 36,213.00 43,581.00 4,619.00
2017-12-31 35,548.00 43,621.00 4,097.00
2017-09-30 34,606.00 43,662.00 3,018.00
2017-06-30 34,508.00 47,272.00 4,886.00
2017-03-31 34,496.00 47,265.00 2,182.00
2016-12-31 33,547.00 48,798.00 3,133.00
2016-09-30 32,876.00 46,703.00 1,474.00
2016-06-30 33,104.00 46,856.00 1,254.00
2016-03-31 33,822.00 44,851.00 2,036.00
2015-12-31 42,380.00 45,885.00 4,684.00
2015-09-30 43,223.00 45,928.00 1,288.00
2015-06-30 43,203.00 49,490.00 1,523.00
2015-03-31 43,538.00 49,460.00 3,467.00
2014-12-31 42,776.00 52,953.00 2,320.00
2014-09-30 42,446.00 54,527.00 1,598.00
2014-06-30 42,277.00 56,316.00 1,949.00
2014-03-31 41,129.00 59,484.00 928.00
2013-12-31 42,541.00 62,109.00 3,171.00
2013-09-30 42,321.00 64,303.00 2,434.00
2013-06-30 44,703.00 66,627.00 4,098.00
2013-03-31 44,129.00 70,401.00 3,421.00
2012-12-31 43,774.00 70,688.00 2,946.00
2012-09-30 43,110.00 66,935.00 3,299.00
2012-06-30 43,462.00 65,357.00 2,526.00
  • OSAKA Titanium technologiesLtd's level of debt (150.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (146% vs 150.4% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making OSAKA Titanium technologiesLtd has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making OSAKA Titanium technologiesLtd has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by % per year.
X
Financial health checks
We assess OSAKA Titanium technologiesLtd'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. OSAKA Titanium technologiesLtd has a total score of 4/6, 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.

Dividends

 What is OSAKA Titanium technologiesLtd'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
0%
Current annual income from OSAKA Titanium technologiesLtd dividends. Estimated to be 1.26% next year.
If you bought €2,000 of OSAKA Titanium technologiesLtd shares you are expected to receive €0 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?
  • Unable to evaluate OSAKA Titanium technologiesLtd's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate OSAKA Titanium technologiesLtd's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
DB:S5M 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 3 Analyst Estimates (S&P Global) See Below
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
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.

DB:S5M Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 22.50 2.00
2020-03-31 17.50 2.00
2019-03-31 5.00 2.00
DB:S5M Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2012-04-27 35.000 1.816
2012-02-10 40.000 1.294
2012-01-30 40.000 1.158
2011-11-10 30.000 0.844
2011-10-27 35.000 0.802
2011-08-10 10.000 0.275
2011-07-28 30.000 0.630
2011-06-17 30.000 0.536
2011-04-27 30.000 0.492
2011-01-28 10.000 0.179
2010-10-28 10.000 0.252
2010-07-29 10.000 0.264
2010-06-24 10.000 0.274
2010-04-28 10.000 0.309
2010-01-27 15.000 0.462
2009-10-29 15.000 0.605
2009-07-29 15.000 0.515
2009-06-25 15.000 0.456
2009-04-28 15.000 0.423
2009-04-24 80.000 2.409

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

  • Unable to perform a dividend volatility check as OSAKA Titanium technologiesLtd has not reported any payouts.
  • Unable to verify if OSAKA Titanium technologiesLtd's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of OSAKA Titanium technologiesLtd's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as OSAKA Titanium technologiesLtd has not reported any payouts.
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 OSAKA Titanium technologiesLtd's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 OSAKA Titanium technologiesLtd afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. OSAKA Titanium technologiesLtd has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of OSAKA Titanium technologiesLtd'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
Yasuaki Sugizaki
AGE 61
TENURE AS CEO 2.8 years
CEO Bio

Mr. Yasuaki Sugizaki serves as President at OSAKA Titanium technologies Co.,Ltd. Mr. Sugizaki served as Senior Managing Director at Kobe Steel, Ltd. since April 2015 and served as its Managing Director since June 2014. Mr. Sugizaki served as Senior Managing Executive Officer of Kobe Steel, Ltd. since April 2016. Mr. Sugizaki served as Senior Officer and General Manager of Technical Development Group of Kobe Steel, Ltd. and its Managing Executive Officer since April 2013. Mr. Sugizaki Oversees companywide technical development and responsible for the Environmental Control & Disaster Planning Department, MONODZUKURI (Production System Innovation) Planning & Promotion Department and IT Planning Department. Oversees companywide information systems. General Manager of the Technical Development Group. Mr. Sugizaki served as an Officer of Kobe Steel, Ltd. and served as its Executive Officer since April 2011. Mr. Sugizaki serves as Representative Director at OSAKA Titanium technologies Co.,Ltd. Mr. Sugizaki served as a Director of Kobe Steel, Ltd. since April 2010.

CEO Compensation
  • Insufficient data for Yasuaki to compare compensation growth.
  • Insufficient data for Yasuaki to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the OSAKA Titanium technologiesLtd management team in years:

3.3
Average Tenure
63.5
Average Age
  • The tenure for the OSAKA Titanium technologiesLtd management team is about average.
Management Team

Yasuaki Sugizaki

TITLE
President & Representative Director
AGE
61
TENURE
2.8 yrs

Yoichi Aminaga

TITLE
Senior Managing Executive Officer and Head of Polysilicon Manufacturing

Masato Ichise

TITLE
Senior Managing Executive Officer & Director
AGE
65
TENURE
3.8 yrs

Yoshiki Morishita

TITLE
Senior Managing Executive Officer and Head of Site Strengthening Promotion

Tsuneaki Nishikawa

TITLE
Managing Director

Mitsuo Takamura

TITLE
Senior Managing Executive Officer & Director
AGE
63
TENURE
3.8 yrs

Takahisa Miyake

TITLE
Executive VP & Representative Director
AGE
64
TENURE
2.8 yrs

Yoshihisa Ohashi

TITLE
Head of High-Function Materials Market Dev. Group

Masatoshi Hirabayashi

TITLE
Head of Audit and Executive Officer

Nobuhide Shimamoto

TITLE
Head of Accounting & System and Executive Officer
Board of Directors Tenure

Average tenure and age of the OSAKA Titanium technologiesLtd board of directors in years:

3.8
Average Tenure
62
Average Age
  • The tenure for the OSAKA Titanium technologiesLtd board of directors is about average.
Board of Directors

Yasuaki Sugizaki

TITLE
President & Representative Director
AGE
61
TENURE
2.8 yrs

Masato Ichise

TITLE
Senior Managing Executive Officer & Director
AGE
65

Mitsuo Takamura

TITLE
Senior Managing Executive Officer & Director
AGE
63
TENURE
5.8 yrs

Takahisa Miyake

TITLE
Executive VP & Representative Director
AGE
64
TENURE
3.8 yrs

Satoru Takahashi

TITLE
Managing Executive Officer & Director
AGE
58
TENURE
1 yrs

Akira Takamatsu

TITLE
Outside Director
AGE
70
TENURE
4.8 yrs

Nae Iijima

TITLE
Outside Director
AGE
54
TENURE
3.8 yrs

Fumio Sugizaki

TITLE
Outside Member of Audit & Supervisory Board
AGE
75

Munehisa Okada

TITLE
Full Time Member of Audit & Supervisory Board
AGE
60

Hiroshi Ito

TITLE
Outside Audit & Supervisory Board Member
AGE
54
TENURE
0.8 yrs
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 OSAKA Titanium technologiesLtd'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. OSAKA Titanium technologiesLtd 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.

News

Simply Wall St News

Company Info

Description

OSAKA Titanium technologies Co.,Ltd. manufactures and sells titanium and silicon products. The company offers titanium sponges, titanium ingots, titanium tetrachloride, titanium tetrachloride aqueous solutions, and ferro-titanium products; polycrystalline silicon; and high-purity titanium, silicon monoxide, and photocatalysts, as well as gas-atomized titanium powder and titanium hydride-dehydride powder. Its products are used in various applications, such as aircraft engine components, power plants, petrochemical and seawater desalination plants, and sheets for heat exchangers used in ships and LNG manufacturing plants; personal computers, smartphones, and digital cameras; and semiconductors and other materials in the electronics industry. The company was formerly known as Sumitomo Titanium Corporation and changed its name to OSAKA Titanium technologies Co.,Ltd. in 2007. OSAKA Titanium technologies Co.,Ltd. was founded in 1937 and is headquartered in Amagasaki, Japan.

Details
Name: OSAKA Titanium technologies Co.,Ltd.
S5M
Exchange: DB
Founded: 1937
¥467,392,740
36,798,806
Website: http://www.osaka-ti.co.jp
Address: OSAKA Titanium technologies Co.,Ltd.
1 Higashihama-cho,
Amagasaki,
Hyogo, 660-8533,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 5726 Common Stock The Tokyo Stock Exchange JP JPY 08. Mar 2002
DB S5M Common Stock Deutsche Boerse AG DE EUR 08. Mar 2002
Number of employees
Current staff
Staff numbers
735
OSAKA Titanium technologiesLtd employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 20:56
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/03/15
Last earnings filing: 2019/02/13
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.