Micron Machinery Co., Ltd. manufactures and sells grinding machines in Japan.
Micron Machinery Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥1,114.00|
|52 Week High||JP¥980.00|
|52 Week Low||JP¥1,200.00|
|1 Month Change||5.79%|
|3 Month Change||1.64%|
|1 Year Change||9.75%|
|3 Year Change||-18.15%|
|5 Year Change||7.12%|
|Change since IPO||-18.09%|
Recent News & Updates
|6159||JP Machinery||JP Market|
Return vs Industry: 6159 underperformed the JP Machinery industry which returned 28% over the past year.
Return vs Market: 6159 underperformed the JP Market which returned 25.7% over the past year.
Stable Share Price: 6159 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 6159's weekly volatility (4%) has been stable over the past year.
About the Company
Micron Machinery Co., Ltd. manufactures and sells grinding machines in Japan. Its products include centerless and internal grinders. The company also exports its products to Australia, Austria, Brazil, Canada, Switzerland, China, the Czech Republic, Spain, France, Hungary, Indonesia, India, South Korea, Mexico, Malaysia, the Philippines, Singapore, Russia, Thailand, Turkey, Taiwan, the United States, and Vietnam.
Micron Machinery Fundamentals Summary
|6159 fundamental statistics|
Is 6159 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|6159 income statement (TTM)|
|Cost of Revenue||JP¥3.20b|
Last Reported Earnings
May 31, 2021
Next Earnings Date
Oct 08, 2021
|Earnings per share (EPS)||88.51|
|Net Profit Margin||11.10%|
How did 6159 perform over the long term?See historical performance and comparison
0.5%Current Dividend Yield
Is Micron Machinery undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6159 (¥1114) is trading below our estimate of fair value (¥2906.35)
Significantly Below Fair Value: 6159 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6159 is good value based on its PE Ratio (12.6x) compared to the JP Machinery industry average (14.4x).
PE vs Market: 6159 is good value based on its PE Ratio (12.6x) compared to the JP market (15x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6159's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6159 is good value based on its PB Ratio (0.6x) compared to the JP Machinery industry average (0.9x).
How is Micron Machinery forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 Micron Machinery 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 Micron Machinery performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6159 has high quality earnings.
Growing Profit Margin: 6159's current net profit margins (11.1%) are higher than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: 6159's earnings have declined by 12.3% per year over the past 5 years.
Accelerating Growth: 6159's earnings growth over the past year (64.8%) exceeds its 5-year average (-12.3% per year).
Earnings vs Industry: 6159 earnings growth over the past year (64.8%) exceeded the Machinery industry 12.3%.
Return on Equity
High ROE: 6159's Return on Equity (4.5%) is considered low.
How is Micron Machinery's financial position?
Financial Position Analysis
Short Term Liabilities: 6159's short term assets (¥7.9B) exceed its short term liabilities (¥980.0M).
Long Term Liabilities: 6159's short term assets (¥7.9B) exceed its long term liabilities (¥258.0M).
Debt to Equity History and Analysis
Debt Level: 6159 is debt free.
Reducing Debt: 6159 has no debt compared to 5 years ago when its debt to equity ratio was 15.7%.
Debt Coverage: 6159 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6159 has no debt, therefore coverage of interest payments is not a concern.
What is Micron Machinery current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6159's dividend (0.54%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.28%).
High Dividend: 6159's dividend (0.54%) is low compared to the top 25% of dividend payers in the JP market (2.96%).
Stability and Growth of Payments
Stable Dividend: 6159 is not paying a notable dividend for the JP market, therefore no need to check if payments are stable.
Growing Dividend: 6159 is not paying a notable dividend for the JP market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 6159 is not paying a notable dividend for the JP market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6159's dividend in 3 years as they are not forecast to pay a notable one for the JP market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Micron Machinery has no CEO, or we have no data on them.
Experienced Management: 6159's management team is seasoned and experienced (5.8 years average tenure).
Experienced Board: 6159's board of directors are seasoned and experienced ( 14.6 years average tenure).
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.
Micron Machinery Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Micron Machinery Co., Ltd.
- Ticker: 6159
- Exchange: JASDAQ
- Founded: 1961
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: JP¥6.721b
- Shares outstanding: 6.03m
- Website: https://www.micron-grinder.co.jp
Number of Employees
- Micron Machinery Co., Ltd.
- 578-2 Uwano
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/25 08:03|
|End of Day Share Price||2021/09/24 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.