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6159

Micron MachineryJASDAQ:6159 Stock Report

Market Cap

JP¥6.7b

7D

0.2%

1Y

9.8%

Updated

25 Sep, 2021

Data

Company Financials
6159 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

6159 Overview

Micron Machinery Co., Ltd. manufactures and sells grinding machines in Japan.

Micron Machinery Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Micron Machinery
Historical stock prices
Current Share PriceJP¥1,114.00
52 Week HighJP¥980.00
52 Week LowJP¥1,200.00
Beta0.32
1 Month Change5.79%
3 Month Change1.64%
1 Year Change9.75%
3 Year Change-18.15%
5 Year Change7.12%
Change since IPO-18.09%

Recent News & Updates

Shareholder Returns

6159JP MachineryJP Market
7D0.2%-2.5%-0.5%
1Y9.8%28.0%25.7%

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.

Price Volatility

Is 6159's price volatile compared to industry and market?
6159 volatility
6159 Beta0.32
Industry Beta1.12
Market Beta1

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

FoundedEmployeesCEOWebsite
1961246n/ahttps://www.micron-grinder.co.jp

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

How do Micron Machinery's earnings and revenue compare to its market cap?
6159 fundamental statistics
Market CapJP¥6.72b
Earnings (TTM)JP¥534.00m
Revenue (TTM)JP¥4.81b

12.6x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6159 income statement (TTM)
RevenueJP¥4.81b
Cost of RevenueJP¥3.20b
Gross ProfitJP¥1.61b
ExpensesJP¥1.07b
EarningsJP¥534.00m

Last Reported Earnings

May 31, 2021

Next Earnings Date

Oct 08, 2021

Earnings per share (EPS)88.51
Gross Margin33.42%
Net Profit Margin11.10%
Debt/Equity Ratio0.0%

How did 6159 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

14%

Payout Ratio

Valuation

Is Micron Machinery undervalued compared to its fair value and its price relative to the market?

>50%

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).


Future Growth

How is Micron Machinery forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.7%

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.


Past Performance

How has Micron Machinery performed over the past 5 years?

-12.3%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Micron Machinery current dividend yield, its reliability and sustainability?

0.54%

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.


Next Steps

Management

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

5.8yrs

Average management tenure


CEO

Micron Machinery has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 6159's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: 6159's board of directors are seasoned and experienced ( 14.6 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

Micron Machinery Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Micron Machinery Co., Ltd.
  • 578-2 Uwano
  • Zao
  • Yamagata
  • Yamagata
  • 990-2303
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 08:03
End of Day Share Price2021/09/24 00:00
Earnings2021/05/31
Annual Earnings2020/08/31


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.