MUN:GIK

Stock Analysis Report

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Executive Summary

SEIKOH GIKEN Co., Ltd. designs, manufactures, and sells optical components in Japan and internationally. More Details


Snowflake Analysis

Flawless balance sheet with moderate growth potential.

Share Price & News

How has SEIKOH GIKEN's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GIK has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.8%

GIK

-3.1%

DE Electronic

-7.3%

DE Market


1 Year Return

-45.6%

GIK

-8.1%

DE Electronic

-7.7%

DE Market

Return vs Industry: GIK underperformed the German Electronic industry which returned -8.1% over the past year.

Return vs Market: GIK underperformed the German Market which returned -6.6% over the past year.


Shareholder returns

GIKIndustryMarket
7 Day-1.8%-3.1%-7.3%
30 Day4.4%-6.8%-7.7%
90 Day1.2%-6.1%-4.5%
1 Year-44.5%-45.6%-5.7%-8.1%-4.8%-7.7%
3 Year8.6%3.6%-11.6%-15.8%-9.2%-17.2%
5 Year132.0%115.7%75.0%62.3%11.4%-4.5%

Price Volatility Vs. Market

How volatile is SEIKOH GIKEN's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is SEIKOH GIKEN undervalued compared to its fair value and its price relative to the market?

21.46x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GIK (€15.87) is trading above our estimate of fair value (€11.65)

Significantly Below Fair Value: GIK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GIK is good value based on its PE Ratio (21.5x) compared to the DE Electronic industry average (33x).

PE vs Market: GIK is poor value based on its PE Ratio (21.5x) compared to the German market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: GIK is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: GIK is good value based on its PB Ratio (0.8x) compared to the DE Electronic industry average (1.7x).


Next Steps

Future Growth

How is SEIKOH GIKEN forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

21.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GIK's forecast earnings growth (21.4% per year) is above the savings rate (0.2%).

Earnings vs Market: GIK's earnings (21.4% per year) are forecast to grow slower than the German market (25.7% per year).

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

Revenue vs Market: GIK's revenue (7.9% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: GIK's revenue (7.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has SEIKOH GIKEN performed over the past 5 years?

17.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GIK has high quality earnings.

Growing Profit Margin: GIK's current net profit margins (5.6%) are lower than last year (8.9%).


Past Earnings Growth Analysis

Earnings Trend: GIK's earnings have grown by 17.5% per year over the past 5 years.

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

Earnings vs Industry: GIK had negative earnings growth (-43.2%) over the past year, making it difficult to compare to the Electronic industry average (-42.2%).


Return on Equity

High ROE: GIK's Return on Equity (3.5%) is considered low.


Next Steps

Financial Health

How is SEIKOH GIKEN's financial position?


Financial Position Analysis

Short Term Liabilities: GIK's short term assets (¥16.7B) exceed its short term liabilities (¥2.6B).

Long Term Liabilities: GIK's short term assets (¥16.7B) exceed its long term liabilities (¥1.3B).


Debt to Equity History and Analysis

Debt Level: GIK is debt free.

Reducing Debt: GIK has not had any debt for past 5 years.

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

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


Balance Sheet


Next Steps

Dividend

What is SEIKOH GIKEN current dividend yield, its reliability and sustainability?

2.11%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GIK's dividend (2.11%) is higher than the bottom 25% of dividend payers in the German market (1.28%).

High Dividend: GIK's dividend (2.11%) is low compared to the top 25% of dividend payers in the German market (3.89%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, GIK has been paying a dividend for less than 10 years.

Growing Dividend: GIK's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (45.2%), GIK's dividend payments are 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

How experienced are the management team and are they aligned to shareholders interests?

6.9yrs

Average management tenure


CEO

Masatoshi Ueno (72 yo)

19.33yrs

Tenure

Mr. Masatoshi Ueno has been the President of Seikoh Giken Co., Ltd. since June 2001. Mr. Ueno served as its General Manager of China Business Promotion at SEIKOH GIKEN Co., Ltd. since April 2012. He served ...


Leadership Team

NamePositionTenureCompensationOwnership
Masatoshi Ueno
President and Representative Director19.33yrsno data9.55%
¥ 13.6m
Tamotsu Kimura
Senior Managing Director and Director35.42yrsno data6.5%
¥ 9.2m
Guan Lai
MD, Division Manager & Director7.33yrsno data0.44%
¥ 622.9k
Jun Ueno
Chief of Corporate Planning Office and Director5.33yrsno data3.73%
¥ 5.3m

6.9yrs

Average Tenure

Experienced Management: GIK's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Masatoshi Ueno
President and Representative Director19.33yrsno data9.55%
¥ 13.6m
Tamotsu Kimura
Senior Managing Director and Director35.42yrsno data6.5%
¥ 9.2m
Guan Lai
MD, Division Manager & Director7.33yrsno data0.44%
¥ 622.9k
Jun Ueno
Chief of Corporate Planning Office and Director5.33yrsno data3.73%
¥ 5.3m
Katsuhiko Okubo
External Director14.33yrsno data0.022%
¥ 31.1k
Toru Miyoshi
External Director4.33yrsno data0.053%
¥ 74.7k
Toshio Aiba
External Director4.33yrsno data0.10%
¥ 147.9k
Yasuhiko Mori
Director4.33yrsno data0.024%
¥ 34.3k
Toyohiko Yatagai
Director1.75yrsno datano data

5.3yrs

Average Tenure

71.5yo

Average Age

Experienced Board: GIK's board of directors are considered experienced (5.3 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

SEIKOH GIKEN Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SEIKOH GIKEN Co., Ltd.
  • Ticker: GIK
  • Exchange: MUN
  • Founded: 1972
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: JP¥17.309b
  • Listing Market Cap: JP¥142.026m
  • Shares outstanding: 9.12m
  • Website: https://www.seikoh-giken.co.jp

Number of Employees


Location

  • SEIKOH GIKEN Co., Ltd.
  • 296-1, Matsuhidai
  • Matsudo
  • Chiba
  • 270-2214
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GIKMUN (Boerse Muenchen)YesCommon StockDEEURJul 2000
6834JASDAQ (TSE JASDAQ)YesCommon StockJPJPYJul 2000

Biography

SEIKOH GIKEN Co., Ltd. designs, manufactures, and sells optical components in Japan and internationally. It offers precision and optical disc molds; injection molded components and precise manufacturing te ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 22:06
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.