company background image
7292

Murakami TSE:7292 Stock Report

Last Price

JP¥2.36k

Market Cap

JP¥29.3b

7D

0.7%

1Y

-23.3%

Updated

16 May, 2022

Data

Company Financials
7292 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends5/6

7292 Stock Overview

Murakami Corporation manufactures and sells rear-view mirrors for automobiles and optical thin-film materials worldwide.

Murakami Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Murakami
Historical stock prices
Current Share PriceJP¥2,355.00
52 Week HighJP¥3,295.00
52 Week LowJP¥2,305.00
Beta0.70
1 Month Change-3.33%
3 Month Change-10.66%
1 Year Change-23.29%
3 Year Change0.47%
5 Year Change3.97%
Change since IPO26.99%

Recent News & Updates

Shareholder Returns

7292JP Auto ComponentsJP Market
7D0.7%-1.5%-2.7%
1Y-23.3%-6.0%-2.5%

Return vs Industry: 7292 underperformed the JP Auto Components industry which returned -6% over the past year.

Return vs Market: 7292 underperformed the JP Market which returned -2.5% over the past year.

Price Volatility

Is 7292's price volatile compared to industry and market?
7292 volatility
7292 Average Weekly Movement3.5%
Auto Components Industry Average Movement4.8%
Market Average Movement4.5%
10% most volatile stocks in JP Market8.9%
10% least volatile stocks in JP Market2.5%

Stable Share Price: 7292 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 7292's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18823,183Taro Murakamihttps://www.murakami-kaimeido.co.jp

Murakami Corporation manufactures and sells rear-view mirrors for automobiles and optical thin-film materials worldwide. The company offers rear-view mirror products, including hydrophilic clear mirrors, electro-chromic mirrors, aspheric mirrors, powerfold units, actuators, blind spot indicator mirrors, exterior rear view mirrors with puddle lamps, auto powerfold mirrors, exterior rear view mirrors with turn lamps, exterior rear view mirrors with side cameras, reverse auto-down mirrors, wide view interior mirrors with blind spot indicators, projection lamps, heated washer, and actuator units for electric vehicle inlet. It also provides opt-electronics solutions covering video equipment, such as dichronic mirrors and filters, UV cut and IR cut filters, cold mirrors, neutral density filters, bandpass filters, trimming filters, half mirrors, etc. for use in projectors, digital cameras, etc.; office automation equipment, such as aluminum and silver surface, chrome reflection, and laser mirrors, as well as antireflection coating, etc. for use in scanners, printers, laser-beam printers, copiers, etc.; and automotive components, including concave, aspheric mirrors, etc. for use in HUD, speedometers, on-board sensors etc. In addition, the company offers various components, including projection mirror actuator units, navigation stands, and active spoiler controllers.

Murakami Fundamentals Summary

How do Murakami's earnings and revenue compare to its market cap?
7292 fundamental statistics
Market CapJP¥29.32b
Earnings (TTM)JP¥4.31b
Revenue (TTM)JP¥75.95b

6.8x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
7292 income statement (TTM)
RevenueJP¥75.95b
Cost of RevenueJP¥62.78b
Gross ProfitJP¥13.17b
Other ExpensesJP¥8.86b
EarningsJP¥4.31b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)347.65
Gross Margin17.34%
Net Profit Margin5.67%
Debt/Equity Ratio2.3%

How did 7292 perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

15%

Payout Ratio

Valuation

Is Murakami 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


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 7292 (¥2355) is trading below our estimate of fair value (¥9032.81)

Significantly Below Fair Value: 7292 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 7292 is good value based on its PE Ratio (6.8x) compared to the JP Auto Components industry average (7.9x).

PE vs Market: 7292 is good value based on its PE Ratio (6.8x) compared to the JP market (12.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 7292's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 7292's PB Ratio (0.4x) is in line with the JP Auto Components industry average.


Future Growth

How is Murakami 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


16.3%

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 Murakami 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 Murakami 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


-4.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 7292 has high quality earnings.

Growing Profit Margin: 7292's current net profit margins (5.7%) are higher than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: 7292's earnings have declined by 4.7% per year over the past 5 years.

Accelerating Growth: 7292's earnings growth over the past year (19.9%) exceeds its 5-year average (-4.7% per year).

Earnings vs Industry: 7292 earnings growth over the past year (19.9%) underperformed the Auto Components industry 60.7%.


Return on Equity

High ROE: 7292's Return on Equity (7.1%) is considered low.


Financial Health

How is Murakami'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: 7292's short term assets (¥53.7B) exceed its short term liabilities (¥13.4B).

Long Term Liabilities: 7292's short term assets (¥53.7B) exceed its long term liabilities (¥3.0B).


Debt to Equity History and Analysis

Debt Level: 7292 has more cash than its total debt.

Reducing Debt: 7292's debt to equity ratio has reduced from 6.2% to 2.3% over the past 5 years.

Debt Coverage: 7292's debt is well covered by operating cash flow (643.2%).

Interest Coverage: 7292 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Murakami current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.12%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 7292's dividend (2.12%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).

High Dividend: 7292's dividend (2.12%) is low compared to the top 25% of dividend payers in the JP market (3.61%).


Stability and Growth of Payments

Stable Dividend: 7292's dividends per share have been stable in the past 10 years.

Growing Dividend: 7292's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (14.9%), 7292's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (8.2%), 7292's dividend payments are thoroughly covered by cash flows.


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

Taro Murakami (63 yo)

13.92yrs

Tenure

Mr. Taro Murakami serves as the Chief Executive Officer of Murakami Corporation and has been its President since June 2008. Mr. Murakami served as Vice President of Murakami Corporation since June 2005 and...


Leadership Team

Experienced Management: 7292's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: 7292's board of directors are considered experienced (6.4 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

Murakami Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Murakami Corporation
  • Ticker: 7292
  • Exchange: TSE
  • Founded: 1882
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: JP¥29.325b
  • Shares outstanding: 12.39m
  • Website: https://www.murakami-kaimeido.co.jp

Number of Employees


Location

  • Murakami Corporation
  • 11-5 Tenma-cho
  • Aoi-ku
  • Shizuoka
  • Shizuoka
  • 420-8550
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2021/12/31
Annual Earnings2021/03/31


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.