DB:XSG

Stock Analysis Report

Executive Summary

Saibu Gas Co.,Ltd. produces, supplies, and sells natural gas in Japan.


Snowflake Analysis

Solid track record average dividend payer.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.9%

XSG

0.2%

DE Gas Utilities

7.2%

DE Market


1 Year Return

15.6%

XSG

-24.1%

DE Gas Utilities

-17.5%

DE Market

Return vs Industry: XSG exceeded the German Gas Utilities industry which returned -23.4% over the past year.

Return vs Market: XSG exceeded the German Market which returned -14.1% over the past year.


Shareholder returns

XSGIndustryMarket
7 Day-0.9%0.2%7.2%
30 Day20.9%-22.2%-22.3%
90 Day3.8%-22.1%-26.1%
1 Year17.3%15.6%-20.2%-24.1%-14.9%-17.5%
3 Year13.0%5.7%2.4%-12.4%-18.7%-25.7%
5 Year20.3%7.0%14.4%-15.8%-17.8%-29.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

18.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: XSG (€22) is trading above our estimate of fair value (€9.26)

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


Price To Earnings Ratio

PE vs Industry: XSG is poor value based on its PE Ratio (18.4x) compared to the Gas Utilities industry average (14.3x).

PE vs Market: XSG is poor value based on its PE Ratio (18.4x) compared to the German market (16.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: XSG is overvalued based on its PB Ratio (1.4x) compared to the XE Gas Utilities industry average (1.1x).


Next Steps

Future Growth

How is Saibu GasLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.3%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Saibu GasLtd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Saibu GasLtd performed over the past 5 years?

16.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XSG has high quality earnings.

Growing Profit Margin: XSG's current net profit margins (2.7%) are higher than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: XSG's earnings have grown by 16.4% per year over the past 5 years.

Accelerating Growth: XSG's earnings growth over the past year (23%) exceeds its 5-year average (16.4% per year).

Earnings vs Industry: XSG earnings growth over the past year (23%) exceeded the Gas Utilities industry -4.5%.


Return on Equity

High ROE: XSG's Return on Equity (7.3%) is considered low.


Next Steps

Financial Health

How is Saibu GasLtd's financial position?


Financial Position Analysis

Short Term Liabilities: XSG's short term assets (¥86.4B) do not cover its short term liabilities (¥117.9B).

Long Term Liabilities: XSG's short term assets (¥86.4B) do not cover its long term liabilities (¥179.1B).


Debt to Equity History and Analysis

Debt Level: XSG's debt to equity ratio (319.4%) is considered high.

Reducing Debt: XSG's debt to equity ratio has reduced from 370.5% to 319.4% over the past 5 years.

Debt Coverage: XSG's debt is not well covered by operating cash flow (7.5%).

Interest Coverage: XSG's interest payments on its debt are well covered by EBIT (15.4x coverage).


Balance Sheet

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

Debt Coverage by Assets: XSG's debt is not covered by short term assets (assets are 0.3x debt).


Next Steps

Dividend

What is Saibu GasLtd's current dividend yield, its reliability and sustainability?

2.55%

Current Dividend Yield


Upcoming Dividend Payment

TodayMar 28 2020Ex Dividend DateMar 30 2020Dividend Pay DateJun 27 202089 days from Ex DividendBuy in the next 1 day to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: XSG's dividend (2.55%) is higher than the bottom 25% of dividend payers in the German market (1.66%).

High Dividend: XSG's dividend (2.55%) is low compared to the top 25% of dividend payers in the German market (4.86%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (46.8%), XSG'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?

4.9yrs

Average management tenure


CEO

Toshio Sakemi (66yo)

6.92s

Tenure

Mr. Toshio Sakemi serves as an Outside Director of Nishi-Nippon Financial Holdings, Inc. since June 27, 2019. He has been an Executive President of Saibu Gas Co., Ltd. since April 2013 and served as its Ch ...


Leadership Team

NamePositionTenureCompensationOwnership
Toshio Sakemi
Executive President and Representative Director6.92yrsno data0.032% ¥275.4k
Shota Jinmu
Executive Officer and Manager of Accounting Departmentno datano datano data
Yosuke Yamauchi
Executive Officer and Manager of Sales Planning Departmentno datano datano data
Kenji Takayama
Executive Officer and Manager of Human Resources & Labor Relations Departmentno datano datano data
Hiromichi Machii
Managing Executive Officer and Director4.75yrsno datano data
Toshihide Takeuchi
Standing Corporate Auditor5.75yrsno data0.022% ¥183.6k
Kazuhisa Yonekura
Managing Executive Officer and Manager of Business Promotion Departmentno datano data0.019% ¥160.7k
Toru Fujimoto
Executive Vice President and Representative Directorno datano data0.013% ¥114.7k
Hiroki Murase
Executive Vice President and Representative Director4yrsno data0.011% ¥91.8k
Akira Kuroda
Managing Executive Officer and Directorno datano data0.0081% ¥68.8k

4.9yrs

Average Tenure

63yo

Average Age

Experienced Management: XSG's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Toshio Sakemi
Executive President and Representative Director6.92yrsno data0.032% ¥275.4k
Hiromichi Machii
Managing Executive Officer and Director4.75yrsno datano data
Toshihide Takeuchi
Standing Corporate Auditor5.75yrsno data0.022% ¥183.6k
Toru Fujimoto
Executive Vice President and Representative Directorno datano data0.013% ¥114.7k
Hiroki Murase
Executive Vice President and Representative Director4yrsno data0.011% ¥91.8k
Akira Kuroda
Managing Executive Officer and Directorno datano data0.0081% ¥68.8k
Yukinori Michinaga
Managing Executive Officer and Director4yrsno data0.027% ¥229.5k
Ryo Ota
Managing Executive Officer and Director4yrsno data0.013% ¥114.7k
Yuji Tanaka
Chairman of the Board6.92yrsno data0.035% ¥298.4k
Masaaki Tani
External Director9.75yrsno datano data

5.3yrs

Average Tenure

63yo

Average Age

Experienced Board: XSG'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

Saibu Gas Co.,Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Saibu Gas Co.,Ltd.
  • Ticker: XSG
  • Exchange: DB
  • Founded: 1902
  • Industry: Gas Utilities
  • Sector: Utilities
  • Market Cap: JP¥101.816b
  • Listing Market Cap: JP¥849.773m
  • Shares outstanding: 37.02m
  • Website: https://www.saibugas.co.jp

Number of Employees


Location

  • Saibu Gas Co.,Ltd.
  • 1-17-1 Chiyo
  • Hakata-ku
  • Fukuoka
  • Fukuoka
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
9536TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
XSGDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

Biography

Saibu Gas Co.,Ltd. produces, supplies, and sells natural gas in Japan. It also utilizes LNG cryogenic energy; and sells LNG. In addition, the company produces, sells, and installs gas equipment and apparatus, as well as undertakes related construction works. Saibu Gas Co.,Ltd. was founded in 1902 and is headquartered in Fukuoka, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/27 21:17
End of Day Share Price2020/03/27 00:00
Earnings2019/12/31
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.