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3537

Shoei YakuhinLtd TSE:3537 Stock Report

Last Price

JP¥1.02k

Market Cap

JP¥3.5b

7D

0.4%

1Y

1.5%

Updated

13 Aug, 2022

Data

Company Financials
3537 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends2/6

3537 Stock Overview

Shoei Yakuhin Co.,Ltd. engages in the trading of chemicals, daily necessities, and civil engineering and construction materials in Japan, China, Thailand, Singapore, and internationally.

Shoei YakuhinLtd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shoei YakuhinLtd
Historical stock prices
Current Share PriceJP¥1,016.00
52 Week HighJP¥1,254.00
52 Week LowJP¥962.00
Beta0.59
1 Month Change2.01%
3 Month Change-2.87%
1 Year Change1.50%
3 Year Change12.64%
5 Year Change24.66%
Change since IPO21.87%

Recent News & Updates

Shareholder Returns

3537JP Trade DistributorsJP Market
7D0.4%2.5%1.2%
1Y1.5%16.1%-0.2%

Return vs Industry: 3537 underperformed the JP Trade Distributors industry which returned 16.1% over the past year.

Return vs Market: 3537 exceeded the JP Market which returned -0.2% over the past year.

Price Volatility

Is 3537's price volatile compared to industry and market?
3537 volatility
3537 Average Weekly Movement1.2%
Trade Distributors Industry Average Movement3.2%
Market Average Movement3.8%
10% most volatile stocks in JP Market7.8%
10% least volatile stocks in JP Market2.0%

Stable Share Price: 3537 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: 3537's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193774Saichiro Fujiwarahttps://www.shoei-yakuhin.co.jp

Shoei Yakuhin Co.,Ltd. engages in the trading of chemicals, daily necessities, and civil engineering and construction materials in Japan, China, Thailand, Singapore, and internationally. The company provides various oleo chemicals, surfactants, solvents/mineral oils, synthetic resins, anti-termite related products, petrochemicals, and other chemicals; and daily necessities, including household and commercial detergents, cosmetics, soaps, shampoos, cleaning agents, insect repellents, sterilization products, desiccants, air fresheners/deodorants, wax, polishing agents, functional insoles, various household repair agents, and other molded products.

Shoei YakuhinLtd Fundamentals Summary

How do Shoei YakuhinLtd's earnings and revenue compare to its market cap?
3537 fundamental statistics
Market CapJP¥3.48b
Earnings (TTM)JP¥712.00m
Revenue (TTM)JP¥22.37b

4.9x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3537 income statement (TTM)
RevenueJP¥22.37b
Cost of RevenueJP¥20.60b
Gross ProfitJP¥1.77b
Other ExpensesJP¥1.06b
EarningsJP¥712.00m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)207.98
Gross Margin7.91%
Net Profit Margin3.18%
Debt/Equity Ratio10.4%

How did 3537 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

20%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 3537 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 3537?

Other financial metrics that can be useful for relative valuation.

3537 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/Revenue0.1x
Enterprise Value/EBITDA7.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 3537's PE Ratio compare to its peers?

3537 PE Ratio vs Peers
The above table shows the PE ratio for 3537 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.8x
8594 Nakamichi Leasing
7.4xn/aJP¥3.2b
7425 Hatsuho ShoujiLtd
4.8xn/aJP¥3.4b
9930 Kitazawa Sangyo
18.5xn/aJP¥3.7b
2693 YKT
4.6xn/aJP¥3.4b
3537 Shoei YakuhinLtd
4.9xn/aJP¥3.5b

Price-To-Earnings vs Peers: 3537 is good value based on its Price-To-Earnings Ratio (4.9x) compared to the peer average (8.8x).


Price to Earnings Ratio vs Industry

How does 3537's PE Ratio compare vs other companies in the JP Trade Distributors Industry?

Price-To-Earnings vs Industry: 3537 is good value based on its Price-To-Earnings Ratio (4.9x) compared to the JP Trade Distributors industry average (7.7x)


Price to Earnings Ratio vs Fair Ratio

What is 3537'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.

3537 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3537's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 3537 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3537 (¥1016) is trading above our estimate of fair value (¥330.83)

Significantly Below Fair Value: 3537 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 Shoei YakuhinLtd 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


-4.4%

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 Shoei YakuhinLtd 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 Shoei YakuhinLtd 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


7.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 3537 has a large one-off gain of ¥370.0M impacting its June 30 2022 financial results.

Growing Profit Margin: 3537's current net profit margins (3.2%) are higher than last year (1.3%).


Past Earnings Growth Analysis

Earnings Trend: 3537's earnings have grown by 7.2% per year over the past 5 years.

Accelerating Growth: 3537's earnings growth over the past year (216.4%) exceeds its 5-year average (7.2% per year).

Earnings vs Industry: 3537 earnings growth over the past year (216.4%) exceeded the Trade Distributors industry 33.7%.


Return on Equity

High ROE: 3537's Return on Equity (10%) is considered low.


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Financial Health

How is Shoei YakuhinLtd's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 3537's short term assets (¥9.8B) exceed its short term liabilities (¥6.6B).

Long Term Liabilities: 3537's short term assets (¥9.8B) exceed its long term liabilities (¥1.4B).


Debt to Equity History and Analysis

Debt Level: 3537 has more cash than its total debt.

Reducing Debt: 3537's debt to equity ratio has reduced from 23.7% to 10.4% over the past 5 years.

Debt Coverage: 3537's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 3537 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Shoei YakuhinLtd current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.36%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 3537's dividend (2.36%) is higher than the bottom 25% of dividend payers in the JP market (1.62%).

High Dividend: 3537's dividend (2.36%) is low compared to the top 25% of dividend payers in the JP market (3.59%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 3537 has been paying a dividend for less than 10 years.

Growing Dividend: 3537's dividend payments have increased, but the company has only paid a dividend for 6 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (20.4%), 3537's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 3537 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

4.7yrs

Average management tenure


CEO

Saichiro Fujiwara (63 yo)

7.17yrs

Tenure

Mr. Saichiro Fujiwara serves as the President at Shoei Yakuhin Co.,Ltd. and has been its Representative Director since November 20, 2015.


Leadership Team

Experienced Management: 3537's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: 3537's board of directors are considered experienced (6.2 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

Shoei Yakuhin Co.,Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Shoei Yakuhin Co.,Ltd.
  • Ticker: 3537
  • Exchange: TSE
  • Founded: 1937
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Implied Market Cap: JP¥3.478b
  • Shares outstanding: 3.42m
  • Website: https://www.shoei-yakuhin.co.jp

Number of Employees


Location

  • Shoei Yakuhin Co.,Ltd.
  • Funaba Shoei Building
  • 1-5-1 , Azuchi-cho
  • Osaka
  • 541-0052
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/13 00:00
End of Day Share Price2022/08/12 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.