SEHK:1655

Stock Analysis Report

Executive Summary

Okura Holdings Limited, an investment holding company, operates pachinko and pachislot halls in Japan.

Snowflake

Fundamentals

Proven track record and fair value.

Risks

  • Okura Holdings is not covered by any analysts.

Share Price & News

How has Okura Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

10.5%

SEHK:1655

3.3%

HK Hospitality

1.2%

HK Market


1 Year Return

0.9%

SEHK:1655

-7.6%

HK Hospitality

-9.5%

HK Market

1655 outperformed the Hospitality industry which returned -7.6% over the past year.

1655 outperformed the Market in Hong Kong which returned -9.5% over the past year.


Share holder returns

1655IndustryMarket
7 Day10.5%3.3%1.2%
30 Day-0.9%-9.8%-8.0%
90 Day0%0.5%-5.9%
1 Year0.9%0.9%-4.2%-7.6%-6.2%-9.5%
3 Yearn/a31.6%19.4%14.5%3.1%
5 Yearn/a-21.4%-33.9%8.5%-9.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

9.44x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Okura Holdings to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Okura Holdings to establish if it is available at substantial discount.


Price Based on Earnings

Okura Holdings is good value based on earnings compared to the HK Hospitality industry average.

Okura Holdings is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Okura Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Okura Holdings is good value based on assets compared to the HK Hospitality industry average.


Next Steps

Future Growth

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

8.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Okura Holdings is high growth as no revenue estimate data is available.

Okura Holdings's earnings are expected to grow by 8.1% yearly, however this is not considered high growth (20% yearly).

Unable to compare Okura Holdings's revenue growth to the Hong Kong market average as no estimate data is available.

Okura Holdings's earnings growth is positive but not above the Hong Kong market average.

Okura Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Okura Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Okura Holdings performed over the past 5 years?

-3.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Okura Holdings's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Okura Holdings's 1-year earnings growth exceeds its 5-year average (55.9% vs -3.8%)

Okura Holdings's earnings growth has exceeded the HK Hospitality industry average in the past year (55.9% vs -5.1%).


Return on Equity

Okura Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Okura Holdings used its assets more efficiently than the HK Hospitality industry average last year based on Return on Assets.


Return on Capital Employed

Okura Holdings has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Okura Holdings's financial position?


Financial Position Analysis

Okura Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Okura Holdings's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Okura Holdings's level of debt (44.9%) compared to net worth is high (greater than 40%).

Unable to establish if Okura Holdings's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (28.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 16.1x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.8x debt.


Next Steps

Dividend

What is Okura Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Okura Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Okura Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Okura Holdings has not reported any payouts.

Unable to verify if Okura Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Okura Holdings has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

2.8yrs

Average board tenure


CEO

Katsuya Yamamoto (59yo)

0.0yrs

Tenure

JP¥102,000,000

Compensation

Mr. Katsuya Yamamoto serves as the Chairman and Chief Executive Officer of Okura Holdings Limited and has been its Executive Director since June 16, 2015. Mr. Yamamoto is primarily responsible for overseei ...


Board Age and Tenure

2.8yrs

Average Tenure

59yo

Average Age

The average tenure for the Okura Holdings board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Katsuya Yamamoto (59yo)

    Chairman & CEO

    • Tenure: 0.0yrs
    • Compensation: JP¥102.00m
  • Fumihide Hamada (70yo)

    Executive Director

    • Tenure: 3.3yrs
    • Compensation: JP¥8.00m
  • Yutaka Kagawa (41yo)

    Executive Director

    • Tenure: 3.3yrs
    • Compensation: JP¥10.00m
  • Toshiro Oe (59yo)

    Executive Director

    • Tenure: 3.3yrs
    • Compensation: JP¥8.00m
  • Katsumitsu Yamamoto (93yo)

    • Tenure: 0.0yrs
    • Compensation: JP¥102.00m
  • Satoshi Maeda (39yo)

    Marketing Supervisor

    • Tenure: 8.3yrs
  • Koji Nakao (48yo)

    Manager of System Promotion & Head of Information Systems

    • Tenure: 4.0yrs
  • Junichi Hitomi

    Head of Marketing Department I

    • Tenure: 0.0yrs
  • Masaki Oka

    Head of Investor Relations Office

    • Tenure: 0.0yrs
  • Fumihiko Tanaka

    Head of Internal Audit Office

    • Tenure: 0.0yrs

Board Members

  • Katsuya Yamamoto (59yo)

    Chairman & CEO

    • Tenure: 0.0yrs
    • Compensation: JP¥102.00m
  • Fumihide Hamada (70yo)

    Executive Director

    • Tenure: 3.3yrs
    • Compensation: JP¥8.00m
  • Yutaka Kagawa (41yo)

    Executive Director

    • Tenure: 3.3yrs
    • Compensation: JP¥10.00m
  • Toshiro Oe (59yo)

    Executive Director

    • Tenure: 3.3yrs
    • Compensation: JP¥8.00m
  • Mitsuru Ishii (64yo)

    Independent Non-Executive Director

    • Tenure: 2.3yrs
  • Yuji Matsuzaki (52yo)

    Independent Non-Executive Director

    • Tenure: 2.3yrs
  • Kazuyuki Yoshida (39yo)

    Independent Non-Executive Director

    • Tenure: 0.8yrs

Company Information

Okura Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Okura Holdings Limited
  • Ticker: 1655
  • Exchange: SEHK
  • Founded: 1968
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: HK$580.000m
  • Shares outstanding: 500.00m
  • Website: https://www.okura-holdings.com

Number of Employees


Location

  • Okura Holdings Limited
  • 13-10 Motofuna-machi
  • 7th Floor
  • Nagasaki
  • Nagasaki
  • 850-0035
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1655SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2017

Biography

Okura Holdings Limited, an investment holding company, operates pachinko and pachislot halls in Japan. As of June 30, 2018, the company operated 17 pachinko halls in the Kyushu, Kanto, Kansai, and Chugoku  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 12:57
End of Day Share Price2019/08/19 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.