Tomita Electric Co.,Ltd. manufactures and sells ferrite cores and electronic components in Japan and internationally. More Details
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.
7 Day Return
1 Year Return
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.
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
Is Tomita ElectricLtd undervalued compared to its fair value and its price relative to the market?
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).
How is Tomita ElectricLtd 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 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.
How has Tomita ElectricLtd performed over the past 5 years?
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tetsuro Kamitani (73 yo)
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...
Experienced Management: 6898's management team is seasoned and experienced (10.9 years average tenure).
Experienced Board: 6898's board of directors are considered experienced (8.4 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.
Tomita Electric Co.,Ltd.'s company bio, employee growth, exchange listings and data sources
- 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
- Tomita Electric Co.,Ltd.
- 123 Saiwai-cho
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/20 08:04|
|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.