DB:JCM

Stock Analysis Report

Japan Cash Machine

Executive Summary

Japan Cash Machine Co., Ltd., together with its subsidiaries, develops, manufactures, and sells money-handling and amusement center machines in Japan and internationally.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Japan Cash Machine's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.6%

JCM

2.3%

DE Electronic

2.4%

DE Market


1 Year Return

-10.6%

JCM

-5.8%

DE Electronic

4.9%

DE Market

Return vs Industry: JCM underperformed the German Electronic industry which returned -5.8% over the past year.

Return vs Market: JCM underperformed the German Market which returned 4.9% over the past year.


Shareholder returns

JCMIndustryMarket
7 Day2.6%2.3%2.4%
30 Day-1.8%3.6%2.3%
90 Day-13.9%0.7%2.7%
1 Year-8.9%-10.6%-5.0%-5.8%8.2%4.9%
3 Year-37.4%-40.3%48.0%44.5%18.3%8.0%
5 Year-32.8%-37.7%134.6%122.2%44.2%24.6%

Price Volatility Vs. Market

How volatile is Japan Cash Machine's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Japan Cash Machine undervalued compared to its fair value and its price relative to the market?

32.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JCM (€7.75) is trading below our estimate of fair value (€11.46)

Significantly Below Fair Value: JCM is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: JCM is poor value based on its PE Ratio (56.4x) compared to the Electronic industry average (19.4x).

PE vs Market: JCM is poor value based on its PE Ratio (56.4x) compared to the German market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate JCM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: JCM is good value based on its PB Ratio (0.9x) compared to the DE Electronic industry average (1.7x).


Next Steps

Future Growth

How is Japan Cash Machine forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JCM's forecast earnings growth (30.3% per year) is above the savings rate (0.2%).

Earnings vs Market: JCM's earnings (30.3% per year) are forecast to grow faster than the German market (12.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if JCM's revenue is forecast to grow faster than the German market.

High Growth Revenue: Insufficient data to determine if JCM's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if JCM's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Japan Cash Machine performed over the past 5 years?

-5.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JCM's earnings have declined by -5.2% per year over the past 5 years.

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

Earnings vs Industry: JCM had negative earnings growth (-67.3%) over the past year, making it difficult to compare to the Electronic industry average (9.9%).


Return on Equity

High ROE: JCM's Return on Equity (1.5%) is considered low.


Return on Assets

ROA vs Industry: JCM's Return on Assets is below or equal to the Electronic industry average last year.


Return on Capital Employed

ROCE Improving: JCM's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Japan Cash Machine's financial position?


Financial Position Analysis

Short Term Liabilities: JCM's short term assets (¥27.4B) exceeds its short term liabilities (¥6.1B)

Long Term Liabilities: JCM's short term assets (27.4B) exceeds its long term liabilities (681.0M)


Debt to Equity History and Analysis

Debt Level: JCM is debt free.

Reducing Debt: JCM currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: JCM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: JCM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: JCM has a high level of physical assets or inventory.

Debt Coverage by Assets: JCM's debt is not covered by short term assets (assets are -3042.8x debt).


Next Steps

Dividend

What is Japan Cash Machine's current dividend yield, its reliability and sustainability?

1.79%

Current Dividend Yield


Dividend Yield vs Market

company1.8%marketbottom25%1.5%markettop25%3.8%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: JCM's dividend (1.79%) is higher than the bottom 25% of dividend payers in the German market (1.46%).

High Dividend: JCM's dividend (1.79%) is low compared to the top 25% of dividend payers in the German market (3.79%).

Stable Dividend: JCM's dividend payments have been volatile in the past 10 years.

Growing Dividend: JCM's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (101.2%), JCM's dividend payments are not well 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.


Next Steps

Management

What is the CEO of Japan Cash Machine's salary, the management and board of directors tenure and is there insider trading?

8.0yrs

Average management tenure


CEO

Yojiro Kamihigashi (60yo)

12.5yrs

Tenure

0

Mr. Yojiro Kamihigashi has been the President of Japan Cash Machine Co. Ltd. since April 2007. Mr. Kamihigashi joined Japan Cash Machine Co., Ltd. in October 1984 and served as its Manager of Overseas Oper ...


Management Age and Tenure

8.0yrs

Average Tenure

58.5yo

Average Age

Experienced Management: JCM's management team is seasoned and experienced (8 years average tenure).


Board Age and Tenure

5.8yrs

Average Tenure

61yo

Average Age

Experienced Board: JCM's board of directors are considered experienced (5.8 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

  • Yojiro Kamihigashi (60yo)

    President & Representative Director

    • Tenure: 12.5yrs
  • Tsuyoshi Takagaki (58yo)

    Senior Operating Officer

    • Tenure: 6.3yrs
  • Yoshihiro Iuchi

    Senior Operating Officer & Director

    • Tenure: 0yrs
  • Norihito Nakatani (59yo)

    Senior Operating Officer & Director

    • Tenure: 0.8yrs
  • Yasuhiko Yoshimura (58yo)

    Manager of Domestic Business & Director

    • Tenure: 6.3yrs
  • Haruaki Nakao

    Senior Operating Officer & Head of Quality Division

    • Tenure: 0yrs
  • Ichiro Iwai

    Operating Officer

    • Tenure: 0yrs
  • Makoto Hasegawa

    Operating Officer & General Manager of Global Operation Division

    • Tenure: 0yrs
  • Takayuki Takeda

    Operating Officer

    • Tenure: 0yrs
  • Takatomo Imai

    Senior Operating Officer

    • Tenure: 0yrs

Board Members

  • Yojiro Kamihigashi (60yo)

    President & Representative Director

    • Tenure: 12.5yrs
  • Koichiro Kamihigashi (62yo)

    Chairman

    • Tenure: 12.3yrs
  • Hideyuki Koizumi (66yo)

    Outside Audit & Supervisory Board Member

    • Tenure: 0yrs
  • Michimasa Teraoka

    Full-Time Corporate Auditor

    • Tenure: 0.8yrs
  • Tsuyoshi Takagaki (58yo)

    Senior Operating Officer

    • Tenure: 6.3yrs
  • Yoshihiro Iuchi

    Senior Operating Officer & Director

    • Tenure: 0yrs
  • Norihito Nakatani (59yo)

    Senior Operating Officer & Director

    • Tenure: 0.8yrs
  • Mitsuhiro Ueno (65yo)

    Senior Operating Officer & Director

    • Tenure: 0.8yrs
  • Yasuhiko Yoshimura (58yo)

    Manager of Domestic Business & Director

    • Tenure: 6.3yrs
  • Koji Yoshikawa (69yo)

    Outside Director

    • Tenure: 5.3yrs

Company Information

Japan Cash Machine Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Japan Cash Machine Co., Ltd.
  • Ticker: JCM
  • Exchange: DB
  • Founded: 1955
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: JP¥28.100b
  • Listing Market Cap: JP¥232.342m
  • Shares outstanding: 29.64m
  • Website: https://www.jcm-hq.co.jp

Number of Employees


Location

  • Japan Cash Machine Co., Ltd.
  • 2-3-15 Nishiwaki
  • Hirano-ku
  • Osaka
  • 547-0035
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JCMDB (Deutsche Boerse AG)YesCommon StockDEEURNov 1993
6418TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYNov 1993

Biography

Japan Cash Machine Co., Ltd., together with its subsidiaries, develops, manufactures, and sells money-handling and amusement center machines in Japan and internationally. It offers bill acceptors, coin and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 20:49
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.