TWA Stock Overview
TOWA Corporation designs, develops, manufactures, and sells semiconductor manufacturing equipment and high-precision molds in Japan and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥13.40|
|52 Week High||JP¥28.00|
|52 Week Low||JP¥13.00|
|1 Month Change||-11.84%|
|3 Month Change||-21.64%|
|1 Year Change||-6.29%|
|3 Year Change||134.64%|
|5 Year Change||3.40%|
|Change since IPO||141.01%|
Recent News & Updates
|TWA||DE Semiconductor||DE Market|
Return vs Industry: TWA exceeded the German Semiconductor industry which returned -8.9% over the past year.
Return vs Market: TWA exceeded the German Market which returned -11.1% over the past year.
|TWA Average Weekly Movement||6.7%|
|Semiconductor Industry Average Movement||7.2%|
|Market Average Movement||6.4%|
|10% most volatile stocks in DE Market||10.8%|
|10% least volatile stocks in DE Market||3.5%|
Stable Share Price: TWA is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: TWA's weekly volatility (7%) has been stable over the past year.
About the Company
TOWA Corporation designs, develops, manufactures, and sells semiconductor manufacturing equipment and high-precision molds in Japan and internationally. The company’s products include molding equipment, singulation equipment, ultra-precision molds, THPL-CBN end mills, and TEN-systems. It also sells used equipment.
TOWA Fundamentals Summary
|TWA fundamental statistics|
Is TWA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TWA income statement (TTM)|
|Cost of Revenue||JP¥32.01b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||325.05|
|Net Profit Margin||16.04%|
How did TWA perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Is TOWA undervalued compared to its fair value and its price relative to the market?
Valuation Score 6/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TWA (€13.4) is trading below our estimate of fair value (€44.3)
Significantly Below Fair Value: TWA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TWA is good value based on its PE Ratio (5.7x) compared to the German Semiconductor industry average (18.2x).
PE vs Market: TWA is good value based on its PE Ratio (5.7x) compared to the German market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: TWA is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: TWA is good value based on its PB Ratio (1.1x) compared to the DE Semiconductor industry average (2.9x).
How is TOWA forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TWA's forecast earnings growth (11.3% per year) is above the savings rate (-0.05%).
Earnings vs Market: TWA's earnings (11.3% per year) are forecast to grow faster than the German market (7.6% per year).
High Growth Earnings: TWA's earnings are forecast to grow, but not significantly.
Revenue vs Market: TWA's revenue (8.9% per year) is forecast to grow faster than the German market (4.9% per year).
High Growth Revenue: TWA's revenue (8.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TWA's Return on Equity is forecast to be low in 3 years time (15%).
How has TOWA performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TWA has a high level of non-cash earnings.
Growing Profit Margin: TWA's current net profit margins (16%) are higher than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: TWA's earnings have grown by 16.2% per year over the past 5 years.
Accelerating Growth: TWA's earnings growth over the past year (205.3%) exceeds its 5-year average (16.2% per year).
Earnings vs Industry: TWA earnings growth over the past year (205.3%) exceeded the Semiconductor industry 79.5%.
Return on Equity
High ROE: TWA's Return on Equity (19.8%) is considered low.
How is TOWA's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TWA's short term assets (¥44.2B) exceed its short term liabilities (¥25.5B).
Long Term Liabilities: TWA's short term assets (¥44.2B) exceed its long term liabilities (¥4.7B).
Debt to Equity History and Analysis
Debt Level: TWA has more cash than its total debt.
Reducing Debt: TWA's debt to equity ratio has increased from 15.5% to 24.1% over the past 5 years.
Debt Coverage: TWA's debt is well covered by operating cash flow (64.6%).
Interest Coverage: TWA earns more interest than it pays, so coverage of interest payments is not a concern.
What is TOWA current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TWA's dividend (2.16%) is higher than the bottom 25% of dividend payers in the German market (1.39%).
High Dividend: TWA's dividend (2.16%) is low compared to the top 25% of dividend payers in the German market (4.41%).
Stability and Growth of Payments
Stable Dividend: TWA's dividend payments have been volatile in the past 10 years.
Growing Dividend: TWA's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.3%), TWA's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.4%), TWA's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Hirokazu Okada serves as the Chief Executive Officer, President and Executive Director at TOWA Corporation and served as its Chief Operating Officer. Mr. Okada served as Chief Operating Officer of Deve...
Experienced Management: TWA's management team is considered experienced (4.3 years average tenure).
Experienced Board: TWA's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TOWA Corporation's employee growth, exchange listings and data sources
- Name: TOWA Corporation
- Ticker: TWA
- Exchange: DB
- Founded: 1979
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Implied Market Cap: JP¥46.391b
- Listing Market Cap: JP¥344.062m
- Shares outstanding: 25.01m
- Website: https://www.towajapan.co.jp
Number of Employees
- TOWA Corporation
- 5 Kamichoshi-cho
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/19 00:00|
|End of Day Share Price||2022/05/19 00:00|
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.