Ricoh Company (LSE:RICO) - Stock Price, News & Analysis

RICO Stock Overview

Ricoh Company, Ltd. provides various office and commercial printing solutions and related solutions worldwide.

RICO fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	5/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 14.5% below our estimate of its fair value

Earnings are forecast to grow 10.22% per year

Earnings grew by 79% over the past year

Risk Analysis

Dividend of 3.09% is not well covered

My Notes

Capture your thoughts, links and company narrative

Ricoh Company, Ltd. Competitors

Xaar

LSE:XAR

UK£136.1m

Concurrent Technologies

AIM:CNC

UK£48.2m

Spectris

LSE:SXS

UK£3.9b

Renishaw

LSE:RSW

UK£3.0b

Price History & Performance

Summary of all time highs, changes and price drops for Ricoh Company
Historical stock prices
Current Share Price	JP¥1,155.62
52 Week High	JP¥1,186.00
52 Week Low	JP¥960.00
Beta	0.72
1 Month Change	5.92%
3 Month Change	7.20%
1 Year Change	0.50%
3 Year Change	35.20%
5 Year Change	14.99%
Change since IPO	-34.85%

Recent updates

Shareholder Returns

	RICO	GB Tech	GB Market
7D	-0.9%	-2.4%	0.06%
1Y	0.5%	-7.2%	-4.2%

Return vs Industry: RICO exceeded the UK Tech industry which returned -7.2% over the past year.

Return vs Market: RICO exceeded the UK Market which returned -4.2% over the past year.

Price Volatility

Is RICO's price volatile compared to industry and market?
RICO volatility
RICO Average Weekly Movement	6.9%
Tech Industry Average Movement	6.0%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	11.0%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: RICO is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: RICO's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1936	81,000	Akira Oyama	https://www.ricoh.co.jp

Ricoh Company, Ltd. provides various office and commercial printing solutions and related solutions worldwide. It operates through Digital services, Digital Products, Graphic Communications, and Industrial Solutions segments. The company offers multifunction machines, printers, printing machines, wide-screen machines, fax machines, scanners, personal computers, servers, and network-related equipment; imaging equipment and consumables, including MFPs and printers; edge devices; and digital printing-related products and services.

Ricoh Company, Ltd. Fundamentals Summary

How do Ricoh Company's earnings and revenue compare to its market cap?
RICO fundamental statistics
Market Cap	JP¥708.96b
Earnings (TTM)	JP¥54.37b
Revenue (TTM)	JP¥2.13t

13.0x

P/E Ratio

0.3x

P/S Ratio

Is RICO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
RICO income statement (TTM)
Revenue	JP¥2.13t
Cost of Revenue	JP¥1.39t
Gross Profit	JP¥745.42b
Other Expenses	JP¥691.06b
Earnings	JP¥54.37b

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	89.26
Gross Margin	34.93%
Net Profit Margin	2.55%
Debt/Equity Ratio	37.9%

How did RICO perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

39%

Payout Ratio

RICO Stock Overview

Rewards

Risk Analysis

Ricoh Company, Ltd. Competitors

LSE:XAR

UK£136.1m

AIM:CNC

UK£48.2m

LSE:SXS

UK£3.9b

LSE:RSW

UK£3.0b

Price History & Performance

Recent News & Updates

Full year 2023 earnings released: EPS: JP¥88.13 (vs JP¥45.35 in FY 2022)

Now 24% undervalued

Ricoh Company, Ltd., Annual General Meeting, Jun 23, 2023

Upcoming dividend of JP¥17.00 per share at 3.5% yield

Third quarter 2023 earnings released: EPS: JP¥20.56 (vs JP¥18.43 in 3Q 2022)

Ricoh Company, Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023

Recent updates

Full year 2023 earnings released: EPS: JP¥88.13 (vs JP¥45.35 in FY 2022)

Now 24% undervalued

Ricoh Company, Ltd., Annual General Meeting, Jun 23, 2023

Upcoming dividend of JP¥17.00 per share at 3.5% yield

Third quarter 2023 earnings released: EPS: JP¥20.56 (vs JP¥18.43 in 3Q 2022)

Ricoh Company, Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023

Ricoh Company, Ltd. Announces Executive Changes, Effective April 1, 2023

Ricoh Company, Ltd Announces Management Changes

Ricoh Company, Ltd. to Report Q3, 2023 Results on Feb 07, 2023

High number of new and inexperienced directors

Second quarter 2023 earnings released: EPS: JP¥11.89 (vs JP¥9.34 in 2Q 2022)

RICOH Company Ltd.'s RICOH360 Tours Accelerates Photographers Virtual Tour Service for Real Estate and Marketing Companies

Ricoh Company, Ltd. to Report Q2, 2023 Results on Nov 04, 2022

Upcoming dividend of JP¥17.00 per share

Ricoh Company, Ltd. (TSE:7752) completed the acquisition of 80% stake in PFU Limited from Fujitsu Limited (TSE:6702).

First quarter 2023 earnings released: EPS: JP¥11.98 (vs JP¥6.77 in 1Q 2022)

Ricoh Company, Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023

Ricoh Company, Ltd. to Report Q1, 2023 Results on Aug 03, 2022

Now 21% undervalued

Ricoh Company, Ltd. (TSE:7752) signed a contract to acquire a majority stake in Elixirgen Scientific, Inc.

Ricoh Company, Ltd., Annual General Meeting, Jun 24, 2022

Full year 2022 earnings released: EPS: JP¥45.35 (vs JP¥45.20 loss in FY 2021)

High number of new directors

Ricoh Company, Ltd. (TSE:7752) agreed to acquire 80% stake in PFU Limited from Fujitsu Limited (TSE:6702) for Approximately JPY 80 billion.

Ricoh Company, Ltd. to Report Fiscal Year 2022 Results on May 10, 2022

Upcoming dividend of JP¥13.00 per share

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Ricoh Company, Ltd. (TSE:7752) acquired Axon Ivy AG.

Ricoh Company, Ltd. Announces the Launch of the RICOH THETA X

Second quarter 2022 earnings released: EPS JP¥9.34 (vs JP¥4.88 loss in 2Q 2021)

Upcoming dividend of JP¥13.00 per share

High number of new directors

High number of new directors

First quarter 2022 earnings released: EPS JP¥6.77 (vs JP¥25.76 loss in 1Q 2021)

Ricoh360 Tours Releases AI Virtual Staging

Minosha Digital Solutions Private Limited acquired Minosha India Limited from Ricoh Company, Ltd. (TSE:7752).

Full year 2021 earnings released: JP¥45.20 loss per share (vs JP¥54.58 profit in FY 2020)

Upcoming dividend of JP¥7.50 per share

Third quarter 2021 earnings released: JP¥0.38 loss per share (vs JP¥16.86 profit in 3Q 2020)

Revenue misses expectations

Ricoh Company, Ltd. to Report Q3, 2021 Results on Feb 04, 2021

Ricoh Unveiles RICOH Pro Z75

Second quarter 2021 earnings released: JP¥4.88 loss per share

Revenue misses expectations

Second quarter 2021 earnings released: JP¥4.88 loss per share

Revenue misses expectations

New 90-day low: JP¥667

Ricoh Company, Ltd. to Report Q2, 2021 Results on Nov 04, 2020

Ricoh Company, Ltd. (TSE:7752) acquired MTI Technology Limited.

Ricoh Co. Ltd. (TSE: 7752) completed the acquisition of Tohoku Ricoh Co. Ltd. (TSE: 6427).

Upcoming Dividend of JP¥13.00 Per Share

Ricoh Company, Ltd. (TSE:7752) acquired Datavision Deutschland Gmbh Gesellschaft Fur Audiovisuelle Kommunikationssysteme.

First quarter earnings released

First quarter earnings released

New 90-day low - JP¥675

Mizuho Leasing Company, Limited (TSE:8425) completed the acquisition of 20% stake in Ricoh Leasing Company, Ltd. (TSE:8566) from Ricoh Company, Ltd. (TSE:7752).

Ricoh Company, Ltd. to Report Q1, 2021 Results on Aug 04, 2020

Shareholder Returns

Price Volatility