Taiyo Koki Co., Ltd. develops, manufactures, and sells grinding machine tools in Japan and internationally. More Details
Flawless balance sheet and slightly overvalued.
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.
7 Day Return
1 Year Return
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.
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
4 months ago | Simply Wall StIs Taiyo Koki Co., Ltd.'s (TYO:6164) Recent Stock Performance Influenced By Its Financials In Any Way?
5 months ago | Simply Wall StDid You Participate In Any Of Taiyo Koki's (TYO:6164) Fantastic 134% Return ?
6 months ago | Simply Wall StOur Take On The Returns On Capital At Taiyo Koki (TYO:6164)
Is Taiyo Koki 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: 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).
How is Taiyo Koki 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 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.
How has Taiyo Koki performed over the past 5 years?
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.
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.
What is Taiyo Koki current dividend yield, its reliability and sustainability?
Upcoming Dividend Payment
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tsuyoshi Watanabe (44 yo)
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...
Experienced Board: 6164's board of directors are seasoned and experienced ( 15.3 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.
Taiyo Koki Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- 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
- Taiyo Koki Co., Ltd.
- 221-35, Seiryo-machi
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/20 08:03|
|End of Day Share Price||2021/09/17 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.