DB:KLI1

Stock Analysis Report

Kawasaki Kisen Kaisha

Executive Summary

Kawasaki Kisen Kaisha, Ltd. provides marine, land, and air transportation services in Japan and internationally.


Snowflake Analysis

Moderate growth potential with imperfect balance sheet.


Similar Companies

Share Price & News

How has Kawasaki Kisen Kaisha's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KLI1's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

KLI1

2.9%

DE Shipping

1.0%

DE Market


1 Year Return

29.7%

KLI1

28.4%

DE Shipping

14.2%

DE Market

Return vs Industry: KLI1 underperformed the German Shipping industry which returned 28.4% over the past year.

Return vs Market: KLI1 exceeded the German Market which returned 14.2% over the past year.


Shareholder returns

KLI1IndustryMarket
7 Day0%2.9%1.0%
30 Day2.0%6.0%0.04%
90 Day42.3%14.1%6.0%
1 Year29.7%29.7%40.0%28.4%17.8%14.2%
3 Year-30.0%-30.0%32.3%15.2%19.2%8.7%
5 Year-22.3%-26.0%31.3%-0.5%36.0%17.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Kawasaki Kisen Kaisha undervalued compared to its fair value and its price relative to the market?

6.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KLI1 (€15.6) is trading below our estimate of fair value (€16.65)

Significantly Below Fair Value: KLI1 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: KLI1 is unprofitable, so we can't compare its PE Ratio to the Shipping industry average.

PE vs Market: KLI1 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 KLI1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KLI1 is overvalued based on its PB Ratio (1.6x) compared to the XE Shipping industry average (0.8x).


Next Steps

Future Growth

How is Kawasaki Kisen Kaisha forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

31.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KLI1 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).

Earnings vs Market: KLI1 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: KLI1's is expected to become profitable in the next 3 years.

Revenue vs Market: KLI1's revenue (0.3% per year) is forecast to grow slower than the German market (4.8% per year).

High Growth Revenue: KLI1's revenue (0.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KLI1's Return on Equity is forecast to be low in 3 years time (5.8%).


Next Steps

Past Performance

How has Kawasaki Kisen Kaisha performed over the past 5 years?

-30.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KLI1 is currently unprofitable.

Growing Profit Margin: KLI1 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KLI1 is unprofitable, and losses have increased over the past 5 years at a rate of -30.8% per year.

Accelerating Growth: Unable to compare KLI1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KLI1 is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (-1.3%).


Return on Equity

High ROE: KLI1 has a negative Return on Equity (-31.81%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Kawasaki Kisen Kaisha's financial position?


Financial Position Analysis

Short Term Liabilities: KLI1's short term assets (¥257.0B) exceed its short term liabilities (¥185.0B).

Long Term Liabilities: KLI1's short term assets (¥257.0B) do not cover its long term liabilities (¥512.4B).


Debt to Equity History and Analysis

Debt Level: KLI1's debt to equity ratio (211.7%) is considered high.

Reducing Debt: KLI1's debt to equity ratio has increased from 107.5% to 211.7% over the past 5 years.


Balance Sheet

Inventory Level: KLI1 has a high level of physical assets or inventory.

Debt Coverage by Assets: KLI1's debt is not covered by short term assets (assets are 0.6x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: KLI1 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if KLI1 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Kawasaki Kisen Kaisha's current dividend yield, its reliability and sustainability?

0.22%

Forecast Dividend Yield


Dividend Yield vs Market

company0%marketbottom25%1.3%markettop25%3.6%industryaverage2.2%forecastin3Years0.2%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate KLI1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate KLI1's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KLI1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KLI1's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: KLI1 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KLI1's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Kawasaki Kisen Kaisha's salary, the management and board of directors tenure and is there insider trading?

0.8yrs

Average management tenure


CEO

Yukikazu Myochin (58yo)

0.7yrs

Tenure

0

Mr. Yukikazu Myochin has been Chief Executive Officer and President of Kawasaki Kisen Kaisha Ltd. since April 1, 2019. Mr. Myochin served as Senior Managing Executive Officer of Kawasaki Kisen Kaisha Ltd.  ...


Management Age and Tenure

0.8yrs

Average Tenure

60yo

Average Age

Experienced Management: KLI1's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Age and Tenure

0.7yrs

Average Tenure

62yo

Average Age

Experienced Board: KLI1's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


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

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


Management Team

  • Makoto Arai (64yo)

    Managing Executive Officer

    • Tenure: 0yrs
  • Yukio Toriyama (60yo)

    Senior Managing Executive Officer

    • Tenure: 0.5yrs
  • Harusato Nihei (62yo)

    CFO, Senior Managing Executive Officer & Representative Director

    • Tenure: 1.5yrs
  • Atsuo Asano (58yo)

    Senior Managing Executive Officer & Representative Director

    • Tenure: 0yrs
  • Yukikazu Myochin (58yo)

    CEO, President & Representative Director

    • Tenure: 0.7yrs
  • Kenji Sakamoto

    Senior Managing Executive Officer & President of "K" LINE AMERICA

    • Tenure: 0.9yrs
  • Kazuhiko Harigai

    Senior Managing Executive Officer & Director

    • Tenure: 0.5yrs
  • Shuzo Kawano

    Chief Information Officer & Managing Executive Officer

    • Tenure: 0yrs
  • Kiyoshi Tokonami

    General Manager of IR & PR Group

    • Tenure: 0yrs
  • Shingo Kogure

    Managing Executive Officer & Head of General Affairs

    • Tenure: 3.7yrs

Board Members

  • Akira Okabe (72yo)

    Outside Director

    • Tenure: 3.5yrs
  • Eizo Murakami (66yo)

    Chairman of the Board

    • Tenure: 0.7yrs
  • Yukio Toriyama (60yo)

    Senior Managing Executive Officer

    • Tenure: 0.5yrs
  • Harusato Nihei (62yo)

    CFO, Senior Managing Executive Officer & Representative Director

    • Tenure: 1.5yrs
  • Atsuo Asano (58yo)

    Senior Managing Executive Officer & Representative Director

    • Tenure: 0yrs
  • Yukikazu Myochin (58yo)

    CEO, President & Representative Director

    • Tenure: 0.7yrs
  • Kazuhiko Harigai

    Senior Managing Executive Officer & Director

    • Tenure: 0.5yrs
  • Seiichi Tanaka (66yo)

    Outside Director

    • Tenure: 3.5yrs
  • Keiji Yamada

    Outside Director

    • Tenure: 0.5yrs
  • Ryuhei Uchida

    Outside Director

    • Tenure: 0.5yrs

Company Information

Kawasaki Kisen Kaisha, Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kawasaki Kisen Kaisha, Ltd.
  • Ticker: KLI1
  • Exchange: DB
  • Founded: 1919
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: JP¥179.923b
  • Listing Market Cap: JP¥1.481b
  • Shares outstanding: 93.27m
  • Website: https://www.kline.co.jp

Number of Employees


Location

  • Kawasaki Kisen Kaisha, Ltd.
  • Iino Building
  • 1-1, Uchisaiwaicho 2-chome
  • Tokyo
  • 100-8540
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
9107TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
KLI1DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992
KAIK.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDOct 2008

Biography

Kawasaki Kisen Kaisha, Ltd. provides marine, land, and air transportation services in Japan and internationally. It operates through Dry Bulk, Energy Resource Transport, Product Logistics, and Other segmen ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/13 21:28
End of Day Share Price2019/12/13 00:00
Earnings2019/09/30
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.