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7296

F.C.C TSE:7296 Stock Report

Last Price

JP¥1.35k

Market Cap

JP¥66.8b

7D

0.4%

1Y

-21.3%

Updated

18 May, 2022

Data

Company Financials +
7296 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends6/6

7296 Stock Overview

F.C.C. Co., Ltd. engages in the manufacture and sale of clutches, facings, and catalysts for automobiles, motorcycles, and general-purpose machinery in Japan, the United States, Indonesia, India, Thailand, China, Brazil, and Vietnam.

F.C.C Competitors

Price History & Performance

Summary of all time highs, changes and price drops for F.C.C
Historical stock prices
Current Share PriceJP¥1,347.00
52 Week HighJP¥1,784.00
52 Week LowJP¥1,237.00
Beta0.83
1 Month Change7.67%
3 Month Change-7.61%
1 Year Change-21.27%
3 Year Change-44.15%
5 Year Change-37.26%
Change since IPO67.64%

Recent News & Updates

Shareholder Returns

7296JP Auto ComponentsJP Market
7D0.4%2.5%0.6%
1Y-21.3%-7.3%-2.9%

Return vs Industry: 7296 underperformed the JP Auto Components industry which returned -7.3% over the past year.

Return vs Market: 7296 underperformed the JP Market which returned -2.9% over the past year.

Price Volatility

Is 7296's price volatile compared to industry and market?
7296 volatility
7296 Average Weekly Movement4.0%
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: 7296 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 7296's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19398,360Yoshitaka Saitohttps://www.fcc-net.co.jp

F.C.C. Co., Ltd. engages in the manufacture and sale of clutches, facings, and catalysts for automobiles, motorcycles, and general-purpose machinery in Japan, the United States, Indonesia, India, Thailand, China, Brazil, and Vietnam. It operates through two segments, Motorcycle Clutches and Automobile Clutches. The company’s clutches for motorcycles comprise wet-type multi-disc, wet-type multi-disc assisted and slipper, wet-type and dry centrifugal, and racing clutches, as well as pulleys for belt converters for use in motorcycles, scooters, road sports bikes, all-terrain vehicles (ATVs), and racing vehicles.

F.C.C Fundamentals Summary

How do F.C.C's earnings and revenue compare to its market cap?
7296 fundamental statistics
Market CapJP¥66.85b
Earnings (TTM)JP¥8.55b
Revenue (TTM)JP¥170.97b

7.8x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
7296 income statement (TTM)
RevenueJP¥170.97b
Cost of RevenueJP¥143.23b
Gross ProfitJP¥27.74b
Other ExpensesJP¥19.19b
EarningsJP¥8.55b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)172.04
Gross Margin16.22%
Net Profit Margin5.00%
Debt/Equity Ratio4.1%

How did 7296 perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

30%

Payout Ratio

Valuation

Is F.C.C undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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: 7296 (¥1347) is trading below our estimate of fair value (¥4445)

Significantly Below Fair Value: 7296 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 7296 is good value based on its PE Ratio (7.8x) compared to the JP Auto Components industry average (8.9x).

PE vs Market: 7296 is good value based on its PE Ratio (7.8x) compared to the JP market (12.1x).


Price to Earnings Growth Ratio

PEG Ratio: 7296 is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: 7296's PB Ratio (0.5x) is in line with the JP Auto Components industry average.


Future Growth

How is F.C.C forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 7296's forecast earnings growth (9.6% per year) is above the savings rate (0.02%).

Earnings vs Market: 7296's earnings (9.6% per year) are forecast to grow faster than the JP market (8.6% per year).

High Growth Earnings: 7296's earnings are forecast to grow, but not significantly.

Revenue vs Market: 7296's revenue (3.2% per year) is forecast to grow slower than the JP market (4.1% per year).

High Growth Revenue: 7296's revenue (3.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 7296's Return on Equity is forecast to be low in 3 years time (7.5%).


Past Performance

How has F.C.C performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-13.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 7296 has high quality earnings.

Growing Profit Margin: 7296's current net profit margins (5%) are higher than last year (3.1%).


Past Earnings Growth Analysis

Earnings Trend: 7296's earnings have declined by 13.2% per year over the past 5 years.

Accelerating Growth: 7296's earnings growth over the past year (91.6%) exceeds its 5-year average (-13.2% per year).

Earnings vs Industry: 7296 earnings growth over the past year (91.6%) exceeded the Auto Components industry 35.9%.


Return on Equity

High ROE: 7296's Return on Equity (5.8%) is considered low.


Financial Health

How is F.C.C'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: 7296's short term assets (¥115.0B) exceed its short term liabilities (¥35.6B).

Long Term Liabilities: 7296's short term assets (¥115.0B) exceed its long term liabilities (¥11.3B).


Debt to Equity History and Analysis

Debt Level: 7296 has more cash than its total debt.

Reducing Debt: 7296's debt to equity ratio has reduced from 15.9% to 4.1% over the past 5 years.

Debt Coverage: 7296's debt is well covered by operating cash flow (253.4%).

Interest Coverage: 7296 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is F.C.C 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


3.86%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 7296's dividend (3.86%) is higher than the bottom 25% of dividend payers in the JP market (1.62%).

High Dividend: 7296's dividend (3.86%) is in the top 25% of dividend payers in the JP market (3.64%)


Stability and Growth of Payments

Stable Dividend: 7296's dividends per share have been stable in the past 10 years.

Growing Dividend: 7296's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.2%), 7296's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (56.8%), 7296's dividend payments are covered by cash flows.


Next Steps

Management

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

3.1yrs

Average management tenure


CEO

Yoshitaka Saito (48 yo)

3.08yrs

Tenure

Mr. Yoshitaka Saito has been President of F.C.C. Co., Ltd. since April 2019 and serves as its Chief Executive Officer.He served as Managing Director of FCC Co. Ltd. since June 2012. Mr. Saito served as He...


Leadership Team

Experienced Management: 7296's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: 7296's board of directors are considered experienced (9.9 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

F.C.C. Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: F.C.C. Co., Ltd.
  • Ticker: 7296
  • Exchange: TSE
  • Founded: 1939
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: JP¥66.849b
  • Shares outstanding: 49.70m
  • Website: https://www.fcc-net.co.jp

Number of Employees


Location

  • F.C.C. Co., Ltd.
  • 7000-36 Nakagawa
  • Hosoe-cho
  • Hamamatsu
  • Shizuoka
  • 431-1394
  • 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.