Hirose Electric Co.,Ltd. manufactures and sells connectors in Japan and internationally.
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Hirose ElectricLtd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HRO has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HRO exceeded the German Electronic industry which returned -5.2% over the past year.
Return vs Market: HRO exceeded the German Market which returned 2.9% over the past year.
Price Volatility Vs. Market
How volatile is Hirose ElectricLtd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Hirose ElectricLtd undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HRO (€99) is trading above our estimate of fair value (€64.33)
Significantly Below Fair Value: HRO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HRO is poor value based on its PE Ratio (29.9x) compared to the Electronic industry average (24.9x).
PE vs Market: HRO is poor value based on its PE Ratio (29.9x) compared to the German market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: HRO is poor value based on its PEG Ratio (3.6x)
Price to Book Ratio
PB vs Industry: HRO is good value based on its PB Ratio (1.4x) compared to the DE Electronic industry average (1.7x).
How is Hirose ElectricLtd forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HRO's forecast earnings growth (8.4% per year) is above the savings rate (-0.4%).
Earnings vs Market: HRO's earnings (8.4% per year) are forecast to grow slower than the German market (13.1% per year).
High Growth Earnings: HRO's earnings are forecast to grow, but not significantly.
Revenue vs Market: HRO's revenue (4.8% per year) is forecast to grow slower than the German market (5.1% per year).
High Growth Revenue: HRO's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HRO's Return on Equity is forecast to be low in 3 years time (6.9%).
How has Hirose ElectricLtd performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HRO has high quality earnings.
Growing Profit Margin: HRO's current net profit margins (12.2%) are lower than last year (14.6%).
Past Earnings Growth Analysis
Earnings Trend: HRO's earnings have declined by -6.6% per year over the past 5 years.
Accelerating Growth: HRO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HRO had negative earnings growth (-20.9%) over the past year, making it difficult to compare to the Electronic industry average (-3.9%).
Return on Equity
High ROE: HRO's Return on Equity (4.8%) is considered low.
How is Hirose ElectricLtd's financial position?
Financial Position Analysis
Short Term Liabilities: HRO's short term assets (¥220.1B) exceed its short term liabilities (¥24.3B).
Long Term Liabilities: HRO's short term assets (¥220.1B) exceed its long term liabilities (¥12.7B).
Debt to Equity History and Analysis
Debt Level: HRO is debt free.
Reducing Debt: HRO has not had any debt for past 5 years.
Debt Coverage: HRO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HRO has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: HRO has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if HRO's debt is covered by short term assets.
What is Hirose ElectricLtd's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: HRO's dividend (2%) is higher than the bottom 25% of dividend payers in the German market (1.52%).
High Dividend: HRO's dividend (2%) is low compared to the top 25% of dividend payers in the German market (3.92%).
Stability and Growth of Payments
Stable Dividend: HRO's dividend payments have been volatile in the past 10 years.
Growing Dividend: HRO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (59.7%), HRO'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.
How experienced are the management team and are they aligned to shareholders interests?
Kazunori Ishii 0
Mr. Kazunori Ishii serves as the President and Representative Director of Hirose Electric Co. Ltd. and served as its a Senior Managing Director. Mr. Ishii served as the President and Representative Directo ...
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.
Hirose Electric Co.,Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Hirose Electric Co.,Ltd.
- Ticker: HRO
- Exchange: DB
- Founded: 1937
- Industry: Electronic Components
- Sector: Tech
- Market Cap: JP¥415.622b
- Listing Market Cap: JP¥3.488b
- Shares outstanding: 36.27m
- Website: https://www.hirose.com
Number of Employees
- Hirose Electric Co.,Ltd.
- 5-23. Osaki 5-chome
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HRO||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1992|
|6806||TSE (The Tokyo Stock Exchange)||Yes||Common Stock||JP||JPY||Jan 1992|
Hirose Electric Co.,Ltd. manufactures and sells connectors in Japan and internationally. The company offers multi-pin connectors, including circular and rectangular connectors; connectors for ribbon cables; connectors used for printed circuit boards comprising flexible printed circuit boards; and nylon connectors for use in a range of fields, such as smartphones, communications equipment, and automotive electronics, as well as in industrial fields, such as measuring and control equipment, FA equipment, and medical electronics equipment. The company also provides coaxial connectors for microwave and other high-frequency signals; and optical fiber connectors and coaxial switches used in various applications, which include microwave communications devices, satellite communications equipment, electronic measuring instruments, smartphones, switching and transmission equipment, and other electronic equipment. In addition, it provides micro switches and instruments for connectors. The company was formerly known as Hirose Manufacturing Co., Ltd. and changed its name to Hirose Electric Co.,Ltd. in August 1963. Hirose Electric Co.,Ltd. was founded in 1937 and is headquartered in Tokyo, Japan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 20:39|
|End of Day Share Price||2020/02/28 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.