BSE:531644

Stock Analysis Report

Executive Summary

Tokyo Finance Limited engages in the non-banking financial activities in India.

Snowflake

Fundamentals

Flawless balance sheet with solid track record.

Risks

  • Tokyo Finance has significant price volatility in the past 3 months.
  • Tokyo Finance is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

8.8%

BSE:531644

-3.6%

IN Consumer Finance

-2.1%

IN Market


1 Year Return

50.6%

BSE:531644

-3.2%

IN Consumer Finance

-14.7%

IN Market

531644 outperformed the Consumer Finance industry which returned -3.1% over the past year.

531644 outperformed the Market in India which returned -14.6% over the past year.


Share holder returns

531644IndustryMarket
7 Day8.8%-3.6%-2.1%
30 Day2.9%1.9%-3.9%
90 Day38.5%-10.2%-10.1%
1 Year50.6%50.6%-2.5%-3.2%-12.9%-14.7%
3 Year73.5%73.5%59.3%56.0%17.7%11.5%
5 Year111.2%111.2%233.9%218.2%35.4%22.5%

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 based on future cash flows and its price relative to the stock market?

6.26x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Tokyo Finance to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Tokyo Finance to establish if it is available at substantial discount.


Price Based on Earnings

Tokyo Finance is good value based on earnings compared to the IN Consumer Finance industry average.

Tokyo Finance is good value based on earnings compared to the India market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Tokyo Finance is good value based on assets compared to the IN Consumer Finance industry average.


Next Steps

Future Growth

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

2.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Tokyo Finance is high growth as no revenue estimate data is available.

Tokyo Finance's earnings are expected to grow by 2.2% yearly, however this is not considered high growth (20% yearly).

Unable to compare Tokyo Finance's revenue growth to the India market average as no estimate data is available.

Tokyo Finance's earnings growth is positive but not above the India market average.

Tokyo Finance's earnings growth is positive but not above the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Tokyo Finance performed over the past 5 years?

10.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Tokyo Finance's year on year earnings growth rate has been positive over the past 5 years.

Tokyo Finance's 1-year earnings growth exceeds its 5-year average (9151.1% vs 10.5%)

Tokyo Finance's earnings growth has exceeded the IN Consumer Finance industry average in the past year (9151.1% vs 15%).


Return on Equity

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


Return on Assets

Tokyo Finance used its assets more efficiently than the IN Consumer Finance industry average last year based on Return on Assets.


Return on Capital Employed

Tokyo Finance has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Tokyo Finance's financial position?


Financial Position Analysis

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

Tokyo Finance's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Tokyo Finance has no debt.

Tokyo Finance has no debt compared to 5 years ago when it was 88%.

Tokyo Finance has no debt, it does not need to be covered by operating cash flow.

Tokyo Finance has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Tokyo Finance has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as Tokyo Finance has not reported any payouts.

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Tokyo Finance 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 Tokyo Finance's salary, the management and board of directors tenure and is there insider trading?

0.5yrs

Average management tenure


CEO

Velji Shah (71yo)

3.5yrs

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

Velji's remuneration is lower than average for companies of similar size in India.

Velji's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

0.5yrs

Average Tenure

43yo

Average Age

The average tenure for the Tokyo Finance management team is less than 2 years, this suggests a new team.


Board Age and Tenure

14.6yrs

Average Tenure

68yo

Average Age

The average tenure for the Tokyo Finance board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Buy₹2,524,14113 Feb 19
Dharmil Shah
EntityIndividual
Shares51,553
Max Price₹48.96

Ownership Breakdown


Management Team

  • Velji Shah (71yo)

    Chairman & MD

    • Tenure: 3.5yrs
    • Compensation: ₹600.00k
  • Priyanka Borana (25yo)

    Company Secretary & Compliance Officer

    • Tenure: 0.5yrs
  • Kalpana Ghate (43yo)

    Chief Financial Officer

    • Tenure: 0.5yrs

Board Members

  • Velji Shah (71yo)

    Chairman & MD

    • Tenure: 3.5yrs
    • Compensation: ₹600.00k
  • Tassadduq Khan (71yo)

    Non Executive Independent Director

    • Tenure: 13.7yrs
  • Chimanlal Kachhi (68yo)

    Non Executive Independent Director

    • Tenure: 14.6yrs
  • Haresh Shah (45yo)

    Executive Non-Independent Director

    • Tenure: 23.6yrs
  • Jagruti Sanghavi (33yo)

    Non Executive Independent Director

    • Tenure: 4.4yrs

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: ₹72.419m
  • 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 engages in the non-banking financial activities 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 Analysis2019/08/24 12:31
End of Day Share Price2019/08/21 00:00
Earnings2019/06/30
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.