6462 Stock Overview
Riken Corporation manufactures and sells automotive and machinery parts in Japan and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥2,278.00|
|52 Week High||JP¥3,025.00|
|52 Week Low||JP¥2,237.00|
|1 Month Change||-4.77%|
|3 Month Change||-12.45%|
|1 Year Change||-10.07%|
|3 Year Change||-50.64%|
|5 Year Change||-52.44%|
|Change since IPO||-64.95%|
Recent News & Updates
|6462||JP Auto Components||JP Market|
Return vs Industry: 6462 underperformed the JP Auto Components industry which returned -8.9% over the past year.
Return vs Market: 6462 underperformed the JP Market which returned -4.2% over the past year.
|6462 Average Weekly Movement||3.8%|
|Auto Components Industry Average Movement||5.0%|
|Market Average Movement||4.6%|
|10% most volatile stocks in JP Market||9.2%|
|10% least volatile stocks in JP Market||2.5%|
Stable Share Price: 6462 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 6462's weekly volatility (4%) has been stable over the past year.
About the Company
Riken Corporation manufactures and sells automotive and machinery parts in Japan and internationally. It offers piston rings; engine parts, such as camshafts, pistons, valve lifters, valve seats and lifters, valve spring retainers, tappets and rocker arms, crankshafts, and others; transmission parts, including seal rings, differential cases, pinion shafts, and others; drive and chassis parts comprising steering knuckles, damper forks, brake calipers, pressure plates, lower arms, and others; and vanes for air compressors and power steering systems, shoes and shoe discs for air conditioning systems, sliders for power steering systems, and others. The company also produces marine and industrial components and parts consisting of a range of parts for engines of various types, sizes, and applications, including aircraft, agricultural machinery, construction equipment, and industrial components, as well as large size piston rings for marine engine applications; other components for use in construction equipment and agricultural machinery; and compressor parts comprising vanes, housings, and cylinders.
Riken Fundamentals Summary
|6462 fundamental statistics|
Is 6462 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|6462 income statement (TTM)|
|Cost of Revenue||JP¥60.93b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||432.78|
|Net Profit Margin||5.52%|
How did 6462 perform over the long term?See historical performance and comparison
5.3%Current Dividend Yield
Is Riken undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 6462 (¥2278) is trading above our estimate of fair value (¥1815.55)
Significantly Below Fair Value: 6462 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6462 is good value based on its PE Ratio (5.3x) compared to the JP Auto Components industry average (8.9x).
PE vs Market: 6462 is good value based on its PE Ratio (5.3x) compared to the JP market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6462's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6462 is good value based on its PB Ratio (0.3x) compared to the JP Auto Components industry average (0.4x).
How is Riken forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Riken 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.
How has Riken performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6462 has high quality earnings.
Growing Profit Margin: 6462's current net profit margins (5.5%) are higher than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: 6462's earnings have declined by 9.1% per year over the past 5 years.
Accelerating Growth: 6462's earnings growth over the past year (130.3%) exceeds its 5-year average (-9.1% per year).
Earnings vs Industry: 6462 earnings growth over the past year (130.3%) exceeded the Auto Components industry 35.9%.
Return on Equity
High ROE: 6462's Return on Equity (5.3%) is considered low.
How is Riken's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 6462's short term assets (¥53.6B) exceed its short term liabilities (¥16.3B).
Long Term Liabilities: 6462's short term assets (¥53.6B) exceed its long term liabilities (¥12.3B).
Debt to Equity History and Analysis
Debt Level: 6462 has more cash than its total debt.
Reducing Debt: 6462's debt to equity ratio has reduced from 14.1% to 11.5% over the past 5 years.
Debt Coverage: 6462's debt is well covered by operating cash flow (64.2%).
Interest Coverage: 6462 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Riken current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6462's dividend (5.27%) is higher than the bottom 25% of dividend payers in the JP market (1.65%).
High Dividend: 6462's dividend (5.27%) is in the top 25% of dividend payers in the JP market (3.69%)
Stability and Growth of Payments
Stable Dividend: 6462's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6462's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.7%), 6462's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.6%), 6462's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kaoru Itoh (68 yo)
Mr. Kaoru Itoh is the Chairman of Riken Corporation since April 2020. He served as the President and Chief Operating Officer of Riken Corporation since June 2015 until April 2020 and has been its Chief Exe...
Experienced Management: 6462's management team is considered experienced (4.1 years average tenure).
Experienced Board: 6462's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Riken Corporation's employee growth, exchange listings and data sources
- Name: Riken Corporation
- Ticker: 6462
- Exchange: TSE
- Founded: 1927
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: JP¥22.686b
- Shares outstanding: 10.00m
- Website: https://www.riken.co.jp
Number of Employees
- Riken Corporation
- 8-1, Sanbancho
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/20 00:00|
|End of Day Share Price||2022/05/20 00:00|
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.