NOT FOR DISTRIBUTION
Header cover image

Market Cap

JP¥6.3b

Last Updated

2021/09/20 08:03 UTC

Data Sources

Company Financials

Executive Summary

Taiyo Koki Co., Ltd. develops, manufactures, and sells grinding machine tools in Japan and internationally. More Details


Snowflake Analysis

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Taiyo Koki's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6164 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 6164's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-0.9%

6164

1.9%

JP Machinery

0.4%

JP Market


1 Year Return

11.4%

6164

29.4%

JP Machinery

25.6%

JP Market

Return vs Industry: 6164 underperformed the JP Machinery industry which returned 29.4% over the past year.

Return vs Market: 6164 underperformed the JP Market which returned 25.6% over the past year.


Shareholder returns

6164IndustryMarket
7 Day-0.9%1.9%0.4%
30 Day4.3%15.4%11.3%
90 Day-10.4%11.8%10.0%
1 Year14.5%11.4%31.2%29.4%28.2%25.6%
3 Year-38.7%-44.1%22.3%14.8%25.2%16.6%
5 Year139.8%105.5%78.6%61.3%73.8%54.6%

Long-Term Price Volatility Vs. Market

How volatile is Taiyo Koki's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Taiyo Koki undervalued compared to its fair value and its price relative to the market?

37.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 6164 (¥1075) is trading below our estimate of fair value (¥1720.07)

Significantly Below Fair Value: 6164 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6164 is poor value based on its PE Ratio (23.1x) compared to the JP Machinery industry average (14.5x).

PE vs Market: 6164 is poor value based on its PE Ratio (23.1x) compared to the JP market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6164's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6164 is overvalued based on its PB Ratio (1x) compared to the JP Machinery industry average (0.9x).


Future Growth

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

9.6%

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 Taiyo Koki 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 Taiyo Koki performed over the past 5 years?

-1.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6164 has high quality earnings.

Growing Profit Margin: 6164's current net profit margins (4.4%) are lower than last year (7.9%).


Past Earnings Growth Analysis

Earnings Trend: 6164's earnings have declined by 1.1% per year over the past 5 years.

Accelerating Growth: 6164's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 6164 had negative earnings growth (-62.3%) over the past year, making it difficult to compare to the Machinery industry average (12.3%).


Return on Equity

High ROE: 6164's Return on Equity (4.3%) is considered low.


Financial Health

How is Taiyo Koki's financial position?


Financial Position Analysis

Short Term Liabilities: 6164's short term assets (¥6.3B) exceed its short term liabilities (¥1.1B).

Long Term Liabilities: 6164's short term assets (¥6.3B) exceed its long term liabilities (¥1,000.0K).


Debt to Equity History and Analysis

Debt Level: 6164 is debt free.

Reducing Debt: 6164 currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: 6164 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6164 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Taiyo Koki current dividend yield, its reliability and sustainability?


Upcoming Dividend Payment

TodaySep 20 2021Ex Dividend DateDec 29 2021Dividend Pay DateMar 25 202286 days from Ex DividendBuy in the next 99 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6164's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6164's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 6164's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6164's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 6164 is not paying a notable dividend for the JP market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6164'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?

15.3yrs

Average board tenure


CEO

Tsuyoshi Watanabe (44 yo)

1.67yrs

Tenure

Mr. Tsuyoshi Watanabe has been President at Taiyo Koki Co., Ltd. since January 2020 and served as its Manager of Overseas Sales Department since April 2012. Mr. Watanabe served as a Manager of Overseas Mar...


Board Members

Experienced Board: 6164's board of directors are seasoned and experienced ( 15.3 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

Taiyo Koki Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Taiyo Koki Co., Ltd.
  • Ticker: 6164
  • Exchange: JASDAQ
  • Founded: 1986
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: JP¥6.286b
  • Shares outstanding: 5.85m
  • Website: https://www.taiyokoki.com

Number of Employees


Location

  • Taiyo Koki Co., Ltd.
  • 221-35, Seiryo-machi
  • Nagaoka
  • Niigata
  • 940-2045
  • Japan

Listings


Biography

Taiyo Koki Co., Ltd. develops, manufactures, and sells grinding machine tools in Japan and internationally. The company offers CNC vertical, internal, cylindrical, and thread grinding machines. It serves a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 08:03
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.