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Saibu GasLtd

DB:XSG
Snowflake Description

Average dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
XSG
DB
¥89B
Market Cap
  1. Home
  2. DE
  3. Utilities
Company description

Saibu Gas Co.,Ltd. produces, supplies, and sells natural gas in Japan. The last earnings update was 68 days ago. More info.


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XSG Share Price and Events
7 Day Returns
-3.3%
DB:XSG
-0.8%
Europe Gas Utilities
1.8%
DE Market
1 Year Returns
-10.3%
DB:XSG
9.6%
Europe Gas Utilities
-6%
DE Market
XSG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Saibu GasLtd (XSG) -3.3% -7.6% -13% -10.3% -7.8% 7.7%
Europe Gas Utilities -0.8% -0% 4.1% 9.6% 36.2% 29.1%
DE Market 1.8% 6% 7.8% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • XSG underperformed the Gas Utilities industry which returned 9.6% over the past year.
  • XSG underperformed the Market in Germany which returned -6% over the past year.
Price Volatility
XSG
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Saibu GasLtd's competitors could be found in our database.

Value

 Is Saibu GasLtd undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Saibu GasLtd to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Saibu GasLtd.

DB:XSG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:XSG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Gas Utilities Unlevered Beta Simply Wall St/ S&P Global 0.37
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.37 (1 + (1- 30.86%) (274.44%))
1.048
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.048 * 5.96%)
6.48%

Discounted Cash Flow Calculation for DB:XSG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Saibu GasLtd is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:XSG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 6.48%)
2019 10,569.33 Est @ 2.21% 9,926.54
2020 10,740.16 Est @ 1.62% 9,473.54
2021 10,869.03 Est @ 1.2% 9,004.15
2022 10,967.75 Est @ 0.91% 8,533.36
2023 11,044.99 Est @ 0.7% 8,070.83
2024 11,106.99 Est @ 0.56% 7,622.54
2025 11,158.23 Est @ 0.46% 7,192.00
2026 11,201.90 Est @ 0.39% 6,781.04
2027 11,240.25 Est @ 0.34% 6,390.44
2028 11,274.87 Est @ 0.31% 6,020.29
Present value of next 10 years cash flows ¥79,014.72
DB:XSG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥11,274.87 × (1 + 0.23%) ÷ (6.48% – 0.23%)
¥180,883.46
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥180,883.46 ÷ (1 + 6.48%)10
¥96,583.87
DB:XSG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥79,014.72 + ¥96,583.87
¥175,598.59
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥175,598.59 / 37.11
¥4732.18
DB:XSG Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:XSG represents 0.00759x of TSE:9536
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00759x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 4,732.18 x 0.00759
€35.90
Value per share (EUR) From above. €35.90
Current discount Discount to share price of €18.20
= -1 x (€18.20 - €35.90) / €35.90
49.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Saibu GasLtd is available for.
Intrinsic value
49%
Share price is €18.2 vs Future cash flow value of €35.9
Current Discount Checks
For Saibu GasLtd to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Saibu GasLtd's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Saibu GasLtd's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Saibu GasLtd's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Saibu GasLtd's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:XSG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in JPY ¥121.54
TSE:9536 Share Price ** TSE (2019-04-18) in JPY ¥2399
Europe Gas Utilities Industry PE Ratio Median Figure of 8 Publicly-Listed Gas Utilities Companies 17.84x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Saibu GasLtd.

DB:XSG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:9536 Share Price ÷ EPS (both in JPY)

= 2399 ÷ 121.54

19.74x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Saibu GasLtd is overvalued based on earnings compared to the Europe Gas Utilities industry average.
  • Saibu GasLtd is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Saibu GasLtd's expected growth come at a high price?
Raw Data
DB:XSG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.74x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
8.9%per year
Global Gas Utilities Industry PEG Ratio Median Figure of 29 Publicly-Listed Gas Utilities Companies 2.44x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Saibu GasLtd, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Saibu GasLtd's assets?
Raw Data
DB:XSG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in JPY ¥1,955.49
TSE:9536 Share Price * TSE (2019-04-18) in JPY ¥2399
Europe Gas Utilities Industry PB Ratio Median Figure of 9 Publicly-Listed Gas Utilities Companies 1.81x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:XSG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:9536 Share Price ÷ Book Value per Share (both in JPY)

= 2399 ÷ 1,955.49

1.23x

* Primary Listing of Saibu GasLtd.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Saibu GasLtd is good value based on assets compared to the Europe Gas Utilities industry average.
X
Value checks
We assess Saibu GasLtd's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Gas Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Gas Utilities industry average (and greater than 0)? (1 check)
  5. Saibu GasLtd has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

  • No analysts cover Saibu GasLtd, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Saibu GasLtd expected to grow at an attractive rate?
  • Saibu GasLtd's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Saibu GasLtd's earnings growth is positive but not above the Germany market average.
  • Unable to compare Saibu GasLtd's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:XSG Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:XSG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 8.9%
Europe Gas Utilities Industry Earnings Growth Rate Market Cap Weighted Average 40%
Europe Gas Utilities Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:XSG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:XSG Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:XSG Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2018-12-31 200,152 4,510
2018-09-30 196,633 18,349 5,090
2018-06-30 197,271 5,598
2018-03-31 196,621 28,336 5,929
2017-12-31 186,434 6,921
2017-09-30 179,526 23,182 5,862
2017-06-30 170,970 6,005
2017-03-31 168,083 23,544 3,445
2016-12-31 169,845 4,228
2016-09-30 173,815 19,633 -1,910
2016-06-30 181,427 -1,713
2016-03-31 190,378 34,595 2,242

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Saibu GasLtd's earnings are expected to grow by 8.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Saibu GasLtd is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:XSG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Saibu GasLtd Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:XSG Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:XSG Past Financials Data
Date (Data in JPY Millions) EPS *
2018-12-31 121.54
2018-09-30 137.17
2018-06-30 150.85
2018-03-31 159.77
2017-12-31 186.50
2017-09-30 157.96
2017-06-30 161.81
2017-03-31 92.83
2016-12-31 113.92
2016-09-30 -51.46
2016-06-30 -46.16
2016-03-31 60.41

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Saibu GasLtd will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Saibu GasLtd's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Saibu GasLtd has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Saibu GasLtd performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Saibu GasLtd's growth in the last year to its industry (Gas Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Saibu GasLtd's year on year earnings growth rate has been positive over the past 5 years.
  • Saibu GasLtd's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Saibu GasLtd's 1-year earnings growth is negative, it can't be compared to the Europe Gas Utilities industry average.
Earnings and Revenue History
Saibu GasLtd's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Saibu GasLtd Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:XSG Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 200,152.00 4,510.00 67,865.00
2018-09-30 196,633.00 5,090.00 68,099.00
2018-06-30 197,271.00 5,598.00 68,356.00
2018-03-31 196,621.00 5,929.00 69,288.00
2017-12-31 186,434.00 6,921.00 68,358.00
2017-09-30 179,526.00 5,862.00 67,610.00
2017-06-30 170,970.00 6,005.00 66,847.00
2017-03-31 168,083.00 3,445.00 65,317.00
2016-12-31 169,845.00 4,228.00 64,809.00
2016-09-30 173,815.00 -1,910.00 64,714.00
2016-06-30 181,427.00 -1,713.00 65,338.00
2016-03-31 190,378.00 2,242.00 65,887.00
2015-12-31 199,503.00 -615.00 66,121.00
2015-09-30 205,638.00 5,183.00 65,980.00
2015-06-30 208,099.00 5,211.00 65,178.00
2015-03-31 208,673.00 3,780.00 64,814.00
2014-12-31 206,999.00 4,329.00 65,133.00
2014-09-30 205,998.00 4,516.00 65,909.00
2014-06-30 206,381.00 4,200.00 66,407.00
2014-03-31 200,173.00 3,083.00 66,819.00
2013-12-31 191,965.00 3,472.00 66,609.00
2013-09-30 187,626.00 5,556.00 66,702.00
2013-06-30 180,181.00 4,543.00 66,823.00
2013-03-31 179,438.00 3,752.00 67,133.00
2012-12-31 180,891.00 5,062.00 67,848.00
2012-09-30 176,705.00 1,758.00 68,363.00
2012-06-30 174,141.00 525.00 68,902.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Saibu GasLtd has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Saibu GasLtd used its assets less efficiently than the Europe Gas Utilities industry average last year based on Return on Assets.
  • Saibu GasLtd's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Saibu GasLtd's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Gas Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Saibu GasLtd has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Saibu GasLtd's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Saibu GasLtd's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Saibu GasLtd's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Saibu GasLtd's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Saibu GasLtd's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Saibu GasLtd Company Filings, last reported 3 months ago.

DB:XSG Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 77,818.00 244,305.00 15,215.00
2018-09-30 80,809.00 237,243.00 14,359.00
2018-06-30 82,120.00 227,874.00 12,775.00
2018-03-31 81,007.00 226,940.00 15,737.00
2017-12-31 77,864.00 235,267.00 13,643.00
2017-09-30 75,921.00 235,334.00 14,838.00
2017-06-30 76,134.00 238,885.00 13,417.00
2017-03-31 75,034.00 236,914.00 15,158.00
2016-12-31 68,458.00 229,976.00 8,302.00
2016-09-30 67,930.00 225,073.00 9,121.00
2016-06-30 67,257.00 231,302.00 11,523.00
2016-03-31 68,924.00 231,046.00 13,244.00
2015-12-31 67,050.00 233,330.00 9,902.00
2015-09-30 75,141.00 235,617.00 15,958.00
2015-06-30 77,037.00 239,487.00 19,515.00
2015-03-31 73,630.00 245,610.00 10,938.00
2014-12-31 68,126.00 253,120.00 9,508.00
2014-09-30 68,181.00 232,127.00 9,133.00
2014-06-30 66,665.00 225,957.00 9,958.00
2014-03-31 64,183.00 220,642.00 10,798.00
2013-12-31 64,381.00 220,422.00 8,842.00
2013-09-30 65,456.00 210,269.00 8,298.00
2013-06-30 64,591.00 202,432.00 10,461.00
2013-03-31 65,332.00 188,433.00 8,484.00
2012-12-31 59,841.00 188,774.00 8,711.00
2012-09-30 59,316.00 186,608.00 12,331.00
2012-06-30 60,107.00 180,901.00 8,905.00
  • Saibu GasLtd's level of debt (313.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (342.4% vs 313.9% today).
  • Debt is not well covered by operating cash flow (7.5%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 10.4x coverage).
X
Financial health checks
We assess Saibu GasLtd's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Saibu GasLtd has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.92%
Current annual income from Saibu GasLtd dividends.
If you bought €2,000 of Saibu GasLtd shares you are expected to receive €58 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Saibu GasLtd's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Saibu GasLtd's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:XSG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Gas Utilities Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:XSG Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
DB:XSG Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-02-13 70.000 2.849
2018-11-13 70.000 2.814
2018-10-29 70.000 2.834
2018-06-27 70.000 2.597
2018-04-26 70.000 2.343
2017-06-28 70.000 2.528
2017-04-27 70.000 2.634
2017-02-13 60.000 2.333
2017-01-23 80.000 3.112
2016-11-11 60.000 2.394
2016-10-28 60.000 2.452
2016-06-28 60.000 2.420
2016-04-27 60.000 2.361
2016-02-12 60.000 2.356
2016-01-28 60.000 2.263
2015-11-13 60.000 2.219
2015-10-28 60.000 2.199
2015-06-25 60.000 2.096
2015-04-28 60.000 2.113
2015-02-13 60.000 2.251
2015-01-29 60.000 2.312
2014-11-13 60.000 2.291
2014-10-29 60.000 2.232
2014-06-26 60.000 2.292
2014-04-28 60.000 2.382
2014-02-13 60.000 2.447
2014-01-27 60.000 2.556
2013-11-13 60.000 2.437
2013-10-29 60.000 2.474
2013-06-26 60.000 2.474
2013-04-26 60.000 2.604
2013-02-13 60.000 2.746
2013-01-28 60.000 2.777
2012-11-13 60.000 2.751
2012-10-29 60.000 2.899
2012-07-26 60.000 2.749
2012-06-27 60.000 2.850
2012-04-26 60.000 3.041
2012-02-13 60.000 2.727
2012-01-27 60.000 2.803
2011-11-11 60.000 2.940
2011-10-31 60.000 3.145
2011-07-29 60.000 2.943
2011-06-28 60.000 2.890
2011-04-28 60.000 3.274
2011-02-10 60.000 2.947
2011-01-31 60.000 2.832
2010-11-12 60.000 2.774
2010-10-27 60.000 2.586
2010-06-29 60.000 2.485
2010-05-07 60.000 2.434
2010-04-28 60.000 2.384
2010-02-12 60.000 2.337
2010-01-29 60.000 2.400
2009-11-12 60.000 2.357
2009-11-05 60.000 2.378
2009-06-26 60.000 2.384
2009-05-08 60.000 2.419
2009-04-23 60.000 2.451

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Saibu GasLtd's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Saibu GasLtd's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Saibu GasLtd afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Saibu GasLtd has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Saibu GasLtd's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Toshio Sakemi
AGE 65
TENURE AS CEO 6 years
CEO Bio

Mr. Sakemi Toshio has been an Executive President of Saibu Gas Co., Ltd. since April 2013 and served as its Chief Executive Officer since April 2013. Mr. Toshio served as Managing Executive Officer of Telecommunication Department and Business Promotion Department and In-charge, Accounting Department of Saibu Gas Co., Ltd. since June 2011. Mr. Toshio Joined Saibu Gas Co., Ltd. in April 1975. Mr. Toshio served as Deputy General Manager of Living Energy - Energy Division and Manager of Fukuoka Operations at Saibu Gas Co., Ltd. since April 2008 and its Manager, Sales Planning since June 2008 and Director, Living Sales Division since June 2007. Mr. Toshio served as Executive Officer; In-charge, Energy Division of Saibu Gas Co., Ltd., since April 2009 and its Manager, Living Planning since April 2011. Mr. Toshio served as Executive Officer, General Manager of Living Energy, Energy Division and Manager of Living Plan at Saibu Gas Co., Ltd. since June 2008. Mr. Toshio served as Executive Officer of Saibu Gas Co., Ltd. since April 2009. Mr. Toshio served as the President of Marutai Co., Ltd. since April 2009. Mr. Toshio served as Managing Executive Officer - Telecommunication Department and Business Promotion Department and In-charge, Accounting Department at Saibu Gas Co., Ltd. since April 2011. Mr. Toshio has been a Representative Director of Saibu Gas Co., Ltd. since April 2013. He serves as Part-Time External Auditor of Kyudenko Corporation. Mr. Toshio served as an External Auditor of The Fukuoka Chuo Bank, Ltd. since June 2011. Mr. Toshio served as a Director of Saibu Gas Co., Ltd. since June 2011. Mr. Toshio served as a Director of Greenland Resort Company Ltd. since June 2011. Mr. Toshio served as a Representative Director of Marutai Co., Ltd. since April 2009 and since April 2011.

CEO Compensation
  • Insufficient data for Toshio to compare compensation growth.
  • Insufficient data for Toshio to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Saibu GasLtd management team in years:

3
Average Tenure
62.5
Average Age
  • The tenure for the Saibu GasLtd management team is about average.
Management Team

Toshio Sakemi

TITLE
Executive President and Representative Director
AGE
65
TENURE
6 yrs

Shota Jinmu

TITLE
Executive Officer and Manager of Accounting Department

Yosuke Yamauchi

TITLE
Executive Officer and Manager of Sales Planning Department

Kenji Takayama

TITLE
Executive Officer and Manager of Human Resources & Labor Relations Department

Hiromichi Machii

TITLE
Managing Executive Officer and Director
AGE
63
TENURE
4 yrs

Kazuhisa Yonekura

TITLE
Managing Executive Officer and Manager of Business Promotion Department

Toru Fujimoto

TITLE
Executive Vice President and Representative Director
AGE
62
TENURE
1.8 yrs

Hiroki Murase

TITLE
Executive Vice President and Representative Director
TENURE
2 yrs

Akira Kuroda

TITLE
Managing Executive Officer and Director
AGE
60

Yusuke Takagi

TITLE
Managing Executive Officer
Board of Directors Tenure

Average tenure and age of the Saibu GasLtd board of directors in years:

4.8
Average Tenure
63
Average Age
  • The tenure for the Saibu GasLtd board of directors is about average.
Board of Directors

Yuji Tanaka

TITLE
Chairman of the Board
AGE
70
TENURE
6 yrs

Toshio Sakemi

TITLE
Executive President and Representative Director
AGE
65
TENURE
6 yrs

Hiromichi Machii

TITLE
Managing Executive Officer and Director
AGE
63
TENURE
3.8 yrs

Toru Fujimoto

TITLE
Executive Vice President and Representative Director
AGE
62

Hiroki Murase

TITLE
Executive Vice President and Representative Director
TENURE
3.1 yrs

Akira Kuroda

TITLE
Managing Executive Officer and Director
AGE
60

Yukinori Michinaga

TITLE
Managing Executive Officer and Director
AGE
61
TENURE
3.1 yrs

Ryo Ota

TITLE
Managing Executive Officer and Director
AGE
60
TENURE
3.1 yrs

Masaaki Tani

TITLE
External Director
AGE
75
TENURE
8.8 yrs

Nobuyuki Marubayashi

TITLE
External Director
AGE
72
TENURE
5.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Saibu GasLtd's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Saibu GasLtd has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

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. It serves 1,098,400 customers in Fukuoka, Kitakyushu, Kumamoto, Nagasaki, Sasebo, and Shimabara. The company was founded in 1902 and is headquartered in Fukuoka, Japan.

Details
Name: Saibu Gas Co.,Ltd.
XSG
Exchange: DB
Founded: 1902
¥706,374,966
37,107,371
Website: http://www.saibugas.co.jp
Address: Saibu Gas Co.,Ltd.
1-17-1 Chiyo,
Hakata-ku,
Fukuoka,
Fukuoka, Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 9536 Common Stock The Tokyo Stock Exchange JP JPY 03. Jan 1992
DB XSG Common Stock Deutsche Boerse AG DE EUR 03. Jan 1992
Number of employees
Current staff
Staff numbers
3,739
Saibu GasLtd employees.
Industry
Gas Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 21:05
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2018/04/26
Last earnings filing: 2019/02/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.