BSE:531644

Stock Analysis Report

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Executive Summary

Tokyo Finance Limited, a non-banking financial company, primarily provides loans and advances in India.


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has Tokyo Finance's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 531644 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

531644

3.8%

IN Consumer Finance

2.3%

IN Market


1 Year Return

1.0%

531644

-3.2%

IN Consumer Finance

2.5%

IN Market

Return vs Industry: 531644 exceeded the Indian Consumer Finance industry which returned -3.2% over the past year.

Return vs Market: 531644 underperformed the Indian Market which returned 2.5% over the past year.


Shareholder returns

531644IndustryMarket
7 Day0%3.8%2.3%
30 Day0%3.1%4.2%
90 Dayn/a44.0%22.1%
1 Year1.0%1.0%-0.6%-3.2%4.4%2.5%
3 Year31.2%31.2%46.1%37.4%5.3%0.3%
5 Year20.7%20.7%184.0%159.2%29.9%20.2%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

6.58x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 531644's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 531644's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 531644 is good value based on its PE Ratio (6.6x) compared to the IN Consumer Finance industry average (11.3x).

PE vs Market: 531644 is good value based on its PE Ratio (6.6x) compared to the Indian market (13.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531644's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531644's PB Ratio (0.5x) is in line with the IN Consumer Finance industry average.


Next Steps

Future Growth

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

31.4%

Forecasted Diversified Financials 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 Tokyo Finance 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 Tokyo Finance performed over the past 5 years?

10.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531644 has high quality earnings.

Growing Profit Margin: 531644's current net profit margins (40.6%) are higher than last year (17.4%).


Past Earnings Growth Analysis

Earnings Trend: 531644's earnings have grown by 10.9% per year over the past 5 years.

Accelerating Growth: 531644's earnings growth over the past year (344.6%) exceeds its 5-year average (10.9% per year).

Earnings vs Industry: 531644 earnings growth over the past year (344.6%) exceeded the Consumer Finance industry -2.9%.


Return on Equity

High ROE: 531644's Return on Equity (8.6%) is considered low.


Next Steps

Financial Health

How is Tokyo Finance's financial position?


Financial Position Analysis

Short Term Liabilities: 531644's short term assets (₹180.2M) exceed its short term liabilities (₹158.0K).

Long Term Liabilities: 531644's short term assets (₹180.2M) exceed its long term liabilities (₹53.1M).


Debt to Equity History and Analysis

Debt Level: 531644 is debt free.

Reducing Debt: 531644 has no debt compared to 5 years ago when its debt to equity ratio was 88.8%.

Debt Coverage: 531644 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 531644 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Tokyo Finance current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 531644's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 531644's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 531644's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531644's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 531644's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

1.5yrs

Average management tenure


CEO

Velji Shah (72 yo)

4.5yrs

Tenure

₹600,000

Compensation

Mr. Velji Lakhadir Shah has been Managing Director of Tokyo Plast International Ltd. since May 21, 2015. Mr. Shah has been the Chairman of Tokyo Finance Ltd. since 1994 and has been its Managing Director ...


CEO Compensation Analysis

Compensation vs Market: Velji's total compensation ($USD8.00K) is below average for companies of similar size in the Indian market ($USD49.19K).

Compensation vs Earnings: Velji's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Velji Shah
Chairman & MD4.5yrs₹600.00kno data
Kalpana Ghate
Chief Financial Officer1.5yrsno datano data
Rekha Bagda
Company Secretary & Compliance Officer0.50yrno datano data

1.5yrs

Average Tenure

44yo

Average Age

Experienced Management: 531644's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Velji Shah
Chairman & MD4.5yrs₹600.00kno data
Chimanlal Kachhi
Non Executive Independent Director14.67yrsno datano data
Haresh Shah
Executive Non-Independent Director24.58yrsno datano data
Jagruti Sanghavi
Non Executive Independent Director5.42yrsno datano data

19.6yrs

Average Tenure

57.5yo

Average Age

Experienced Board: 531644's board of directors are seasoned and experienced ( 19.6 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

Tokyo Finance Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tokyo Finance Limited
  • Ticker: 531644
  • Exchange: BSE
  • Founded: 1994
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹70.398m
  • Shares outstanding: 6.97m
  • Website: https://www.tokyofinance.in

Number of Employees


Location

  • Tokyo Finance Limited
  • Vyom Arcade
  • 5th Floor
  • Mumbai
  • Maharashtra
  • 400057
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531644BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2005

Biography

Tokyo Finance Limited, a non-banking financial company, primarily provides loans and advances in India. The company was incorporated in 1994 and is based in Mumbai, India.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/09 12:45
End of Day Share Price2020/07/08 00:00
Earnings2019/09/30
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.