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5970

G-Tekt TSE:5970 Stock Report

Last Price

JP¥1.28k

Market Cap

JP¥53.6b

7D

2.0%

1Y

-13.8%

Updated

18 May, 2022

Data

Company Financials
5970 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends6/6

5970 Stock Overview

G-Tekt Corporation manufactures and sells auto body components and transmission parts in Japan and internationally.

G-Tekt Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for G-Tekt
Historical stock prices
Current Share PriceJP¥1,280.00
52 Week HighJP¥1,603.00
52 Week LowJP¥1,177.00
Beta1.09
1 Month Change4.32%
3 Month Change-12.27%
1 Year Change-13.81%
3 Year Change-12.57%
5 Year Change-38.07%
Change since IPO40.27%

Recent News & Updates

Shareholder Returns

5970JP Auto ComponentsJP Market
7D2.0%2.5%0.6%
1Y-13.8%-7.3%-2.9%

Return vs Industry: 5970 underperformed the JP Auto Components industry which returned -7.3% over the past year.

Return vs Market: 5970 underperformed the JP Market which returned -2.9% over the past year.

Price Volatility

Is 5970's price volatile compared to industry and market?
5970 volatility
5970 Average Weekly Movement5.2%
Auto Components Industry Average Movement5.1%
Market Average Movement4.6%
10% most volatile stocks in JP Market9.2%
10% least volatile stocks in JP Market2.5%

Stable Share Price: 5970 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 5970's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19528,172Naohiro Takaohttps://www.g-tekt.jp

G-Tekt Corporation manufactures and sells auto body components and transmission parts in Japan and internationally. It offers auto body components, such as dashboards, side structures, rear seat reinforcement components, back panels, frames, and floor components; vehicle transmission parts; and dies and production systems. The company was founded in 1952 and is headquartered in Saitama, Japan.

G-Tekt Fundamentals Summary

How do G-Tekt's earnings and revenue compare to its market cap?
5970 fundamental statistics
Market CapJP¥53.59b
Earnings (TTM)JP¥8.88b
Revenue (TTM)JP¥236.50b

6.2x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
5970 income statement (TTM)
RevenueJP¥236.50b
Cost of RevenueJP¥212.40b
Gross ProfitJP¥24.11b
Other ExpensesJP¥15.23b
EarningsJP¥8.88b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)206.60
Gross Margin10.19%
Net Profit Margin3.75%
Debt/Equity Ratio38.8%

How did 5970 perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

24%

Payout Ratio

Valuation

Is G-Tekt undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


23.5%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 5970 (¥1280) is trading below our estimate of fair value (¥1672.22)

Significantly Below Fair Value: 5970 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 5970 is good value based on its PE Ratio (6.2x) compared to the JP Auto Components industry average (8.9x).

PE vs Market: 5970 is good value based on its PE Ratio (6.2x) compared to the JP market (12.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5970's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5970's PB Ratio (0.4x) is in line with the JP Auto Components industry average.


Future Growth

How is G-Tekt forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.5%

Forecasted Automobiles 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 G-Tekt 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.


Past Performance

How has G-Tekt performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-10.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 5970 has high quality earnings.

Growing Profit Margin: 5970's current net profit margins (3.8%) are higher than last year (3.1%).


Past Earnings Growth Analysis

Earnings Trend: 5970's earnings have declined by 10% per year over the past 5 years.

Accelerating Growth: 5970's earnings growth over the past year (35.9%) exceeds its 5-year average (-10% per year).

Earnings vs Industry: 5970 earnings growth over the past year (35.9%) underperformed the Auto Components industry 35.9%.


Return on Equity

High ROE: 5970's Return on Equity (5.2%) is considered low.


Financial Health

How is G-Tekt's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 5970's short term assets (¥136.5B) exceed its short term liabilities (¥81.2B).

Long Term Liabilities: 5970's short term assets (¥136.5B) exceed its long term liabilities (¥37.5B).


Debt to Equity History and Analysis

Debt Level: 5970's net debt to equity ratio (14%) is considered satisfactory.

Reducing Debt: 5970's debt to equity ratio has reduced from 39.2% to 38.8% over the past 5 years.

Debt Coverage: 5970's debt is well covered by operating cash flow (43.8%).

Interest Coverage: 5970's interest payments on its debt are well covered by EBIT (780.9x coverage).


Balance Sheet


Dividend

What is G-Tekt current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.91%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 5970's dividend (3.91%) is higher than the bottom 25% of dividend payers in the JP market (1.62%).

High Dividend: 5970's dividend (3.91%) is in the top 25% of dividend payers in the JP market (3.64%)


Stability and Growth of Payments

Stable Dividend: 5970's dividends per share have been stable in the past 10 years.

Growing Dividend: 5970's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (24.2%), 5970's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (18.8%), 5970's dividend payments are well covered by cash flows.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Naohiro Takao (61 yo)

no data

Tenure

Mr. Naohiro Takao serves as President and Chief Executive Officer of G-Tekt Corporation and served as its Executive Vice President and Senior Managing Director since September 1999. Mr. Takao served as Gen...


Leadership Team

Experienced Management: 5970's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: 5970's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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

G-Tekt Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: G-Tekt Corporation
  • Ticker: 5970
  • Exchange: TSE
  • Founded: 1952
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: JP¥53.586b
  • Shares outstanding: 42.97m
  • Website: https://www.g-tekt.jp

Number of Employees


Location

  • G-Tekt Corporation
  • Omiya JP Building
  • 18th Floor
  • Saitama
  • Saitama
  • 330-0854
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/18 00:00
End of Day Share Price2022/05/18 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.