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3167

TOKAI Holdings TSE:3167 Stock Report

Last Price

JP¥889.00

Market Cap

JP¥116.3b

7D

0.5%

1Y

-0.8%

Updated

16 Aug, 2022

Data

Company Financials
3167 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends5/6

3167 Stock Overview

TOKAI Holdings Corporation engages in energy, information and communications, and related businesses in Japan and internationally.

TOKAI Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TOKAI Holdings
Historical stock prices
Current Share PriceJP¥889.00
52 Week HighJP¥941.00
52 Week LowJP¥826.00
Beta0.31
1 Month Change0.45%
3 Month Change2.78%
1 Year Change-0.78%
3 Year Change-10.11%
5 Year Change6.60%
Change since IPO161.47%

Recent News & Updates

Shareholder Returns

3167JP IndustrialsJP Market
7D0.5%2.9%2.3%
1Y-0.8%12.5%2.5%

Return vs Industry: 3167 underperformed the JP Industrials industry which returned 12.5% over the past year.

Return vs Market: 3167 underperformed the JP Market which returned 2.5% over the past year.

Price Volatility

Is 3167's price volatile compared to industry and market?
3167 volatility
3167 Average Weekly Movement1.6%
Industrials Industry Average Movement3.1%
Market Average Movement3.8%
10% most volatile stocks in JP Market7.8%
10% least volatile stocks in JP Market2.0%

Stable Share Price: 3167 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 3167's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19504,407Katsuhiko Tokitahttps://www.tokaiholdings.co.jp

TOKAI Holdings Corporation engages in energy, information and communications, and related businesses in Japan and internationally. The company supplies liquefied petroleum gas for individuals, automotive, and corporations; solar power; piped natural gas; and other high-pressure gases; provides electricity to individuals and corporations; and offers water-related facility renovation services under the TOKAI WiLL brand, as well as directly operates two service stations and 13 wholesale service stations. It also offers Internet access services under the @T COM and TOKAI Network Club names, and mobile phone communications services, as well as operates 15 mobile shops; outsourcing services, such as co-location, mailing system, back-up, and cloud platforms; system development services, including consulting, construction, operation, and maintenance to various industries and fields; and mobile virtual network operator services.

TOKAI Holdings Fundamentals Summary

How do TOKAI Holdings's earnings and revenue compare to its market cap?
3167 fundamental statistics
Market CapJP¥116.33b
Earnings (TTM)JP¥8.89b
Revenue (TTM)JP¥214.10b

13.1x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3167 income statement (TTM)
RevenueJP¥214.10b
Cost of RevenueJP¥128.07b
Gross ProfitJP¥86.03b
Other ExpensesJP¥77.14b
EarningsJP¥8.89b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)67.97
Gross Margin40.18%
Net Profit Margin4.15%
Debt/Equity Ratio57.3%

How did 3167 perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

47%

Payout Ratio

Does 3167 pay a reliable dividends?

See 3167 dividend history and benchmarks
When do you need to buy 3167 by to receive an upcoming dividend?
TOKAI Holdings dividend dates
Ex Dividend DateSep 29 2022
Dividend Pay DateNov 30 2022
Days until Ex dividend43 days
Days until Dividend pay date105 days

Does 3167 pay a reliable dividends?

See 3167 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 3167 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3167?

Other financial metrics that can be useful for relative valuation.

3167 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 3167's PE Ratio compare to its peers?

3167 PE Ratio vs Peers
The above table shows the PE ratio for 3167 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average21.2x
7744 Noritsu Koki
14.9x-79.1%JP¥90.4b
3105 Nisshinbo Holdings
8.3x8.3%JP¥174.3b
3001 Katakura IndustriesLtd
46.1xn/aJP¥69.6b
3232 Mie Kotsu Group Holdings
15.5x20.6%JP¥47.4b
3167 TOKAI Holdings
13.1xn/aJP¥116.3b

Price-To-Earnings vs Peers: 3167 is good value based on its Price-To-Earnings Ratio (13.1x) compared to the peer average (21.2x).


Price to Earnings Ratio vs Industry

How does 3167's PE Ratio compare vs other companies in the Asian Industrials Industry?

Price-To-Earnings vs Industry: 3167 is good value based on its Price-To-Earnings Ratio (13.1x) compared to the JP Industrials industry average (14.1x)


Price to Earnings Ratio vs Fair Ratio

What is 3167's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3167 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3167's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 3167 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3167 (¥889) is trading above our estimate of fair value (¥613.22)

Significantly Below Fair Value: 3167 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


1.0%

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 TOKAI Holdings 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.


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Past Performance

How has TOKAI Holdings performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 3167 has high quality earnings.

Growing Profit Margin: 3167's current net profit margins (4.2%) are higher than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: 3167's earnings have grown by 6% per year over the past 5 years.

Accelerating Growth: 3167's earnings growth over the past year (7.9%) exceeds its 5-year average (6% per year).

Earnings vs Industry: 3167 earnings growth over the past year (7.9%) underperformed the Industrials industry 24.3%.


Return on Equity

High ROE: 3167's Return on Equity (11.4%) is considered low.


Discover strong past performing companies

Financial Health

How is TOKAI Holdings's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 3167's short term assets (¥44.9B) do not cover its short term liabilities (¥58.2B).

Long Term Liabilities: 3167's short term assets (¥44.9B) do not cover its long term liabilities (¥45.6B).


Debt to Equity History and Analysis

Debt Level: 3167's net debt to equity ratio (51.7%) is considered high.

Reducing Debt: 3167's debt to equity ratio has reduced from 76.7% to 57.3% over the past 5 years.

Debt Coverage: 3167's debt is well covered by operating cash flow (40.7%).

Interest Coverage: 3167's interest payments on its debt are well covered by EBIT (300.4x coverage).


Balance Sheet


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Dividend

What is TOKAI Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.60%

Current Dividend Yield

Upcoming Dividend Payment

TodayAug 16 2022Ex Dividend DateSep 29 2022Dividend Pay DateNov 30 202262 days from Ex DividendBuy in the next 43 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 3167's dividend (3.6%) is higher than the bottom 25% of dividend payers in the JP market (1.63%).

High Dividend: 3167's dividend (3.6%) is low compared to the top 25% of dividend payers in the JP market (3.61%).


Stability and Growth of Payments

Stable Dividend: 3167's dividends per share have been stable in the past 10 years.

Growing Dividend: 3167's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (47.1%), 3167's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (73.5%), 3167's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

2.1yrs

Average management tenure


CEO

Katsuhiko Tokita (77 yo)

11.33yrs

Tenure

JP¥178,000,000

Compensation

Mr. Katsuhiko Tokita serves as Chief Executive Officer and President at Tokai Myanmar Co., Ltd. Mr. Tokita has been the Chief Executive Officer and President of TOKAI Holdings Corporation since April 2011...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Katsuhiko's total compensation is reasonable compared to companies of similar size in the JP market.

Compensation vs Earnings: Katsuhiko's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 3167's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: 3167's board of directors are seasoned and experienced ( 10.3 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

TOKAI Holdings Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: TOKAI Holdings Corporation
  • Ticker: 3167
  • Exchange: TSE
  • Founded: 1950
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Implied Market Cap: JP¥116.335b
  • Shares outstanding: 130.86m
  • Website: https://www.tokaiholdings.co.jp

Number of Employees


Location

  • TOKAI Holdings Corporation
  • 2-6-8, Tokiwa-cho
  • Aoi-ku
  • Shizuoka
  • Shizuoka
  • 420-0034
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/16 00:00
End of Day Share Price2022/08/16 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.