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MAW

MaruwaLSE:MAW Stock Report

Last Price

JP¥15.05k

Market Cap

JP¥195.1b

7D

0%

1Y

25.4%

Updated

20 Jan, 2022

Data

Company Financials +
MAW fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends0/6

MAW Stock Overview

Maruwa Co., Ltd. produces and sells ceramics and electronic parts in Japan, Europe, the United States, China, Taiwan, Korea, Malaysia, and India.

Price History & Performance

Summary of all time highs, changes and price drops for Maruwa
Historical stock prices
Current Share PriceJP¥15,050.33
52 Week HighJP¥15,050.33
52 Week LowJP¥10,130.00
Beta1.1
1 Month Change0%
3 Month Change35.96%
1 Year Change25.42%
3 Year Change163.12%
5 Year Change303.48%
Change since IPO1,090.69%

Recent News & Updates

Shareholder Returns

MAWGB ElectronicGB Market
7D0%-6.4%-1.0%
1Y25.4%-0.6%8.3%

Return vs Industry: MAW exceeded the UK Electronic industry which returned -0.6% over the past year.

Return vs Market: MAW exceeded the UK Market which returned 8.3% over the past year.

Price Volatility

Is MAW's price volatile compared to industry and market?
MAW volatility
MAW Average Weekly Movementn/a
Electronic Industry Average Movement5.6%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: Insufficient data to determine MAW's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine MAW's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19731,380Sei Kanbehttps://www.maruwa-g.com

Maruwa Co., Ltd. produces and sells ceramics and electronic parts in Japan, Europe, the United States, China, Taiwan, Korea, Malaysia, and India. The company offers ceramics, including ceramic substrates and fillers, metalized/multilayer ceramic substrates, and pressed ceramic products, as well as ceramic hermetic seals and SiC components; and electronic components/devices, such as antennas, EMC and RF components, inductors, and capacitors. It also provides quartz glass products; and LED lighting products comprising LED modules and components.

Maruwa Fundamentals Summary

How do Maruwa's earnings and revenue compare to its market cap?
MAW fundamental statistics
Market CapJP¥195.06b
Earnings (TTM)JP¥9.35b
Revenue (TTM)JP¥46.63b

20.9x

P/E Ratio

4.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAW income statement (TTM)
RevenueJP¥46.63b
Cost of RevenueJP¥24.46b
Gross ProfitJP¥22.16b
ExpensesJP¥12.82b
EarningsJP¥9.35b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Jan 28, 2022

Earnings per share (EPS)757.68
Gross Margin47.53%
Net Profit Margin20.05%
Debt/Equity Ratio2.6%

How did MAW perform over the long term?

See historical performance and comparison

Valuation

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

20.87x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MAW (¥15050.33) is trading above our estimate of fair value (¥10311.88)

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


Price To Earnings Ratio

PE vs Industry: MAW is good value based on its PE Ratio (20.9x) compared to the UK Electronic industry average (28.8x).

PE vs Market: MAW is poor value based on its PE Ratio (20.9x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: MAW is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: MAW's PB Ratio (2.7x) is in line with the GB Electronic industry average.


Future Growth

How is Maruwa forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

14.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAW's forecast earnings growth (14.9% per year) is above the savings rate (0.9%).

Earnings vs Market: MAW's earnings (14.9% per year) are forecast to grow faster than the UK market (12.1% per year).

High Growth Earnings: MAW's earnings are forecast to grow, but not significantly.

Revenue vs Market: MAW's revenue (10.2% per year) is forecast to grow faster than the UK market (4.8% per year).

High Growth Revenue: MAW's revenue (10.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MAW's Return on Equity is forecast to be low in 3 years time (15.2%).


Past Performance

How has Maruwa performed over the past 5 years?

17.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MAW has high quality earnings.

Growing Profit Margin: MAW's current net profit margins (20%) are higher than last year (15.3%).


Past Earnings Growth Analysis

Earnings Trend: MAW's earnings have grown by 17% per year over the past 5 years.

Accelerating Growth: MAW's earnings growth over the past year (51.3%) exceeds its 5-year average (17% per year).

Earnings vs Industry: MAW earnings growth over the past year (51.3%) exceeded the Electronic industry 10.3%.


Return on Equity

High ROE: MAW's Return on Equity (13.1%) is considered low.


Financial Health

How is Maruwa's financial position?


Financial Position Analysis

Short Term Liabilities: MAW's short term assets (¥59.6B) exceed its short term liabilities (¥11.1B).

Long Term Liabilities: MAW's short term assets (¥59.6B) exceed its long term liabilities (¥2.0B).


Debt to Equity History and Analysis

Debt Level: MAW has more cash than its total debt.

Reducing Debt: MAW's debt to equity ratio has increased from 0.7% to 2.6% over the past 5 years.

Debt Coverage: MAW's debt is well covered by operating cash flow (540%).

Interest Coverage: MAW earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

0.44%

Current Dividend Yield


Upcoming Dividend Payment

TodayJan 21 2022Ex Dividend DateMar 30 2022Dividend Pay DateJun 28 202290 days from Ex DividendBuy in the next 68 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: MAW's dividend (0.44%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: MAW's dividend (0.44%) is low compared to the top 25% of dividend payers in the UK market (4.04%).


Stability and Growth of Payments

Stable Dividend: MAW is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.

Growing Dividend: MAW is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: MAW is not paying a notable dividend for the UK market.


Future Payout to Shareholders

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


Next Steps

Management

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

8.2yrs

Average management tenure


CEO

Sei Kanbe (72 yo)

29.58yrs

Tenure

Mr. Sei kanbe has been the President and Representative Director of Maruwa Company Limited. since June 1992 .


Leadership Team

Experienced Management: MAW's management team is seasoned and experienced (8.2 years average tenure).


Board Members

Experienced Board: MAW's board of directors are seasoned and experienced ( 14.6 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

Maruwa Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Maruwa Co., Ltd.
  • Ticker: MAW
  • Exchange: LSE
  • Founded: 1973
  • Industry: Electronic Components
  • Sector: Tech
  • Implied Market Cap: JP¥195.060b
  • Shares outstanding: 12.34m
  • Website: https://www.maruwa-g.com

Number of Employees


Location

  • Maruwa Co., Ltd.
  • 3-83, Minamihonjigahara-cho
  • Owariasahi
  • Aichi
  • 488-0044
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 18:56
End of Day Share Price2021/12/20 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.