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Market Cap

JP¥1.7b

Last Updated

2021/09/20 08:04 UTC

Data Sources

Company Financials

Executive Summary

Tomita Electric Co.,Ltd. manufactures and sells ferrite cores and electronic components in Japan and internationally. More Details


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has Tomita ElectricLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6898 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: 6898's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of JP stocks.


Market Performance


7 Day Return

13.7%

6898

2.4%

JP Electrical

0.4%

JP Market


1 Year Return

127.3%

6898

31.6%

JP Electrical

25.6%

JP Market

Return vs Industry: 6898 exceeded the JP Electrical industry which returned 31.6% over the past year.

Return vs Market: 6898 exceeded the JP Market which returned 25.6% over the past year.


Shareholder returns

6898IndustryMarket
7 Day13.7%2.4%0.4%
30 Day85.4%13.1%11.3%
90 Day58.2%6.6%10.0%
1 Year127.3%127.3%33.4%31.6%28.2%25.6%
3 Year76.1%76.1%36.0%29.0%25.2%16.6%
5 Year118.1%118.1%106.4%88.6%73.8%54.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Tomita ElectricLtd undervalued compared to its fair value and its price relative to the market?

49.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 6898's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 6898's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 6898 is poor value based on its PE Ratio (49.9x) compared to the JP Electrical industry average (14.1x).

PE vs Market: 6898 is poor value based on its PE Ratio (49.9x) compared to the JP market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6898's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6898 is good value based on its PB Ratio (0.5x) compared to the JP Electrical industry average (0.7x).


Future Growth

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

14.4%

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 Tomita ElectricLtd 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 Tomita ElectricLtd performed over the past 5 years?

2.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6898 has high quality earnings.

Growing Profit Margin: 6898 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 6898 has become profitable over the past 5 years, growing earnings by 2.6% per year.

Accelerating Growth: 6898 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 6898 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (18.1%).


Return on Equity

High ROE: 6898's Return on Equity (1.1%) is considered low.


Financial Health

How is Tomita ElectricLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 6898's short term assets (¥2.1B) exceed its short term liabilities (¥251.0M).

Long Term Liabilities: 6898's short term assets (¥2.1B) exceed its long term liabilities (¥682.0M).


Debt to Equity History and Analysis

Debt Level: 6898 is debt free.

Reducing Debt: 6898 has not had any debt for past 5 years.

Debt Coverage: 6898 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6898 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Tomita ElectricLtd current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6898's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6898'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 6898's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6898's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6898'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?

10.9yrs

Average management tenure


CEO

Tetsuro Kamitani (73 yo)

20.42yrs

Tenure

Mr. Tetsuro Kamitani serves as President of Tomita Ferrite Ltd., and Tomita Electronics (Zhuhai) Ltd. Mr. Kamitani has been the President of Tomita Electric Co., Ltd., since April 2001 and served as its Se...


Leadership Team

Experienced Management: 6898's management team is seasoned and experienced (10.9 years average tenure).


Board Members

Experienced Board: 6898's board of directors are considered experienced (8.4 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

Tomita Electric Co.,Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tomita Electric Co.,Ltd.
  • Ticker: 6898
  • Exchange: JASDAQ
  • Founded: 1960
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: JP¥1.697b
  • Shares outstanding: 659.50k
  • Website: https://www.tomita-electric.com

Number of Employees


Location

  • Tomita Electric Co.,Ltd.
  • 123 Saiwai-cho
  • Tottori
  • Tottori
  • 680-0823
  • Japan

Listings


Biography

Tomita Electric Co.,Ltd. manufactures and sells ferrite cores and electronic components in Japan and internationally. It offers soft ferrite cores; and coils and transformers.Its products are used in swit...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 08:04
End of Day Share Price2021/09/17 00:00
Earnings2021/07/31
Annual Earnings2021/01/31


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.