DB:K22

Stock Analysis Report

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Executive Summary

Keio Corporation engages in the transportation, real estate, merchandise sales, and other businesses in Japan. More Details


Snowflake Analysis

Moderate growth potential unattractive dividend payer.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: K22 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-5.7%

K22

0.3%

DE Transportation

-3.2%

DE Market


1 Year Return

-15.8%

K22

-34.0%

DE Transportation

0.2%

DE Market

Return vs Industry: K22 exceeded the German Transportation industry which returned -33.4% over the past year.

Return vs Market: K22 underperformed the German Market which returned 1.7% over the past year.


Shareholder returns

K22IndustryMarket
7 Day-5.7%0.3%-3.2%
30 Day-5.7%2.6%1.0%
90 Day3.5%1.2%-2.9%
1 Year-15.4%-15.8%-32.0%-34.0%3.4%0.2%
3 Year37.0%34.1%-26.4%-33.8%1.0%-7.8%
5 Year38.1%32.6%-4.7%-17.4%21.1%3.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

2.06x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: K22 (€47.6) is trading above our estimate of fair value (€6.43)

Significantly Below Fair Value: K22 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: K22 is unprofitable, so we can't compare its PE Ratio to the XE Transportation industry average.

PE vs Market: K22 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate K22's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: K22 is overvalued based on its PB Ratio (2.1x) compared to the XE Transportation industry average (1x).


Next Steps

Future Growth

How is Keio forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

57.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: K22 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).

Earnings vs Market: K22 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: K22's is expected to become profitable in the next 3 years.

Revenue vs Market: K22's revenue (5.9% per year) is forecast to grow slower than the German market (6.1% per year).

High Growth Revenue: K22's revenue (5.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: K22's Return on Equity is forecast to be low in 3 years time (5.9%).


Next Steps

Past Performance

How has Keio performed over the past 5 years?

0.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: K22 is currently unprofitable.

Growing Profit Margin: K22 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: K22 is unprofitable, but has reduced losses over the past 5 years at a rate of 0.8% per year.

Accelerating Growth: Unable to compare K22's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: K22 is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (-25.6%).


Return on Equity

High ROE: K22 has a negative Return on Equity (-0.35%), as it is currently unprofitable.


Next Steps

Financial Health

How is Keio's financial position?


Financial Position Analysis

Short Term Liabilities: K22's short term assets (¥165.1B) do not cover its short term liabilities (¥190.8B).

Long Term Liabilities: K22's short term assets (¥165.1B) do not cover its long term liabilities (¥373.7B).


Debt to Equity History and Analysis

Debt Level: K22's debt to equity ratio (111.6%) is considered high.

Reducing Debt: K22's debt to equity ratio has increased from 97.3% to 111.6% over the past 5 years.

Debt Coverage: K22's debt is not well covered by operating cash flow (12.5%).

Interest Coverage: K22 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Keio current dividend yield, its reliability and sustainability?

0.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: K22's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.2%).

High Dividend: K22's dividend (0.91%) is low compared to the top 25% of dividend payers in the German market (3.73%).


Stability and Growth of Payments

Stable Dividend: K22's dividends per share have been stable in the past 10 years.

Growing Dividend: K22's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: K22 is paying a dividend but the company is unprofitable.


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?

0.8yrs

Average management tenure


CEO

Yasushi Komura (62 yo)

4.25yrs

Tenure

Yasushi Komura has been the President at Keio Corporation since July 5, 2016 and serves as its Executive Officer since 2020 and served as its Executive Vice President and General Manager of Corporate Plann ...


Leadership Team

NamePositionTenureCompensationOwnership
Yasushi Komura
President4.25yrsno data0.016%
¥ 966.7k
Kazunori Nakaoka
GM of Development Business Division & Strategy Promotion Division7.33yrsno datano data
Akinobu Kawase
Managing Officer & Director8.33yrsno data0.0034%
¥ 205.0k
Yoshitaka Minami
Managing Officer & Director4.25yrsno data0.0040%
¥ 239.0k
Toshiki Sakurai
Executive Officer0.75yrno data0.00049%
¥ 29.2k
Yuichiro Terada
Managing Officer & Director3.25yrsno data0.0015%
¥ 87.6k
Masaya Yamagishi
Executive Officerno datano data0.0020%
¥ 117.4k
Satoshi Tsumura
Executive Officer0.75yrno data0.00098%
¥ 58.4k
Shuji Miyasaka
Executive Officer0.75yrno datano data
Masahiro Ono
Executive Officer0.75yrno datano data
Shinichi Inoue
Executive Officer0.75yrno datano data
Yotaro Koshimizu
Manager of Group Business Department - Overall Management Division & Director4.25yrsno data0.0040%
¥ 239.0k

0.8yrs

Average Tenure

Experienced Management: K22's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Yasushi Komura
President4.25yrsno data0.016%
¥ 966.7k
Kazunori Nakaoka
GM of Development Business Division & Strategy Promotion Division7.33yrsno datano data
Akinobu Kawase
Managing Officer & Director8.33yrsno data0.0034%
¥ 205.0k
Yoshitaka Minami
Managing Officer & Director4.25yrsno data0.0040%
¥ 239.0k
Yuichiro Terada
Managing Officer & Director3.25yrsno data0.0015%
¥ 87.6k
Yotaro Koshimizu
Manager of Group Business Department - Overall Management Division & Director4.25yrsno data0.0040%
¥ 239.0k
Kazunari Nakajima
Manager of Hotel Strategy Department - Strategy Promotion Division & Director4.25yrsno data0.0020%
¥ 117.4k
Tadashi Nagata
Chairman5.33yrsno data0.025%
¥ 1.5m
Keiko Kitamura
Director0.75yrno data0.0011%
¥ 68.5k
Ichiro Komada
Director10.33yrsno data0.0068%
¥ 405.3k
Atsushi Takahashi
External Director9.33yrsno data0.00049%
¥ 29.2k
So Maruyama
Director9.33yrsno data0.0099%
¥ 590.6k

6.3yrs

Average Tenure

64yo

Average Age

Experienced Board: K22's board of directors are considered experienced (6.3 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

Keio Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Keio Corporation
  • Ticker: K22
  • Exchange: DB
  • Founded: 1948
  • Industry: Railroads
  • Sector: Transportation
  • Market Cap: JP¥739.934b
  • Listing Market Cap: JP¥5.960b
  • Shares outstanding: 122.10m
  • Website: https://www.keio.co.jp

Number of Employees


Location

  • Keio Corporation
  • 1-9-1 Sekido
  • Tama-shi
  • Tokyo
  • 206-8502
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
9008TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
KTER.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992
K22DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

Biography

Keio Corporation engages in the transportation, real estate, merchandise sales, and other businesses in Japan. Keio Corporation was founded in 1948 and is headquartered in Tokyo, Japan.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 20:42
End of Day Share Price2020/10/21 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.