TSE:5803

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Fujikura Ltd. researches, develops, manufactures, and sells wires and cables in Japan, the United States, China, and internationally.


Snowflake Analysis

Moderate growth potential and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 5803 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

3.2%

5803

-0.5%

JP Electrical

-1.7%

JP Market


1 Year Return

-24.6%

5803

-7.5%

JP Electrical

-1.9%

JP Market

Return vs Industry: 5803 underperformed the JP Electrical industry which returned -7.5% over the past year.

Return vs Market: 5803 underperformed the JP Market which returned -1.9% over the past year.


Shareholder returns

5803IndustryMarket
7 Day3.2%-0.5%-1.7%
30 Day-5.9%-2.3%-3.3%
90 Day9.3%22.3%14.0%
1 Year-23.7%-24.6%-5.6%-7.5%0.6%-1.9%
3 Year-65.7%-67.4%-0.2%-5.9%5.6%-1.7%
5 Year-47.1%-51.3%20.8%10.0%15.2%2.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

15.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 5803 (¥318) is trading below our estimate of fair value (¥378.15)

Significantly Below Fair Value: 5803 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 5803 is unprofitable, so we can't compare its PE Ratio to the Electrical industry average.

PE vs Market: 5803 is unprofitable, so we can't compare its PE Ratio to the JP market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5803's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5803 is good value based on its PB Ratio (0.6x) compared to the JP Electrical industry average (0.7x).


Next Steps

Future Growth

How is Fujikura forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

75.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5803 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.05%).

Earnings vs Market: 5803 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 5803's is expected to become profitable in the next 3 years.

Revenue vs Market: 5803's revenue (0.7% per year) is forecast to grow slower than the JP market (3.3% per year).

High Growth Revenue: 5803's revenue (0.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 5803's Return on Equity is forecast to be low in 3 years time (5.2%).


Next Steps

Past Performance

How has Fujikura performed over the past 5 years?

-39.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5803 is currently unprofitable.

Growing Profit Margin: 5803 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 5803 is unprofitable, and losses have increased over the past 5 years at a rate of -39.9% per year.

Accelerating Growth: Unable to compare 5803's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 5803 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-18.2%).


Return on Equity

High ROE: 5803 has a negative Return on Equity (-21.54%), as it is currently unprofitable.


Next Steps

Financial Health

How is Fujikura's financial position?


Financial Position Analysis

Short Term Liabilities: 5803's short term assets (¥299.8B) exceed its short term liabilities (¥253.0B).

Long Term Liabilities: 5803's short term assets (¥299.8B) exceed its long term liabilities (¥151.0B).


Debt to Equity History and Analysis

Debt Level: 5803's debt to equity ratio (151.5%) is considered high.

Reducing Debt: 5803's debt to equity ratio has increased from 85.7% to 151.5% over the past 5 years.

Debt Coverage: 5803's debt is not well covered by operating cash flow (17.8%).

Interest Coverage: 5803 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Fujikura current dividend yield, its reliability and sustainability?

1.37%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 5803's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 5803'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 5803's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 5803's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 5803 is not paying a notable dividend for the JP market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 5803'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?

4.1yrs

Average management tenure


CEO

Masahiko Ito (63yo)

4.25yrs

Tenure

Mr. Masahiko Ito has been the Chief Executive Officer and President of Fujikura Ltd. since April 2016. Mr. Ito served as a Senior Vice President and Managing Executive Officer at Fujikura Ltd. since June 2 ...


Leadership Team

NamePositionTenureCompensationOwnership
Masahiko Ito
President4.25yrsno data0.013% ¥11.7m
Takeaki Kitajima
Executive VP4.08yrsno data0.012% ¥11.1m
Akira Wada
Executive VP & Director6.08yrsno data0.0033% ¥2.9m
Joseph E. Gallagher
Senior VP & Director2.08yrsno datano data
Takashi Takizawa
Senior VP & Director4.08yrsno data0.0098% ¥8.8m
Hideyuki Hosoya
Senior VP & Director5.08yrsno data0.0065% ¥5.9m
Kenji Nishide
Managing Executive Officerno datano datano data
Ryoichi Hara
Managing Executive Officerno datano datano data
Takeshi Sato
Managing Executive Officerno datano datano data
Tetsu Ito
Senior VP & Director4.08yrsno data0.012% ¥11.1m

4.1yrs

Average Tenure

63yo

Average Age

Experienced Management: 5803's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Masahiko Ito
President4.25yrsno data0.013% ¥11.7m
Takeaki Kitajima
Executive VP4.08yrsno data0.012% ¥11.1m
Akira Wada
Executive VP & Director6.08yrsno data0.0033% ¥2.9m
Joseph E. Gallagher
Senior VP & Director2.08yrsno datano data
Takashi Takizawa
Senior VP & Director4.08yrsno data0.0098% ¥8.8m
Hideyuki Hosoya
Senior VP & Director5.08yrsno data0.0065% ¥5.9m
Tetsu Ito
Senior VP & Director4.08yrsno data0.012% ¥11.1m
Masato Inaba
Senior VP & Director1.08yrsno data0.0018% ¥1.6m
Yasuyuki Oda
Director3.08yrsno data0.031% ¥27.7m
Masaaki Shimojima
Independent Audit & Supervisory Committee Member & Outside Director2.25yrsno datano data

4.1yrs

Average Tenure

63yo

Average Age

Experienced Board: 5803's board of directors are considered experienced (4.1 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

Fujikura Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fujikura Ltd.
  • Ticker: 5803
  • Exchange: TSE
  • Founded: 1885
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: JP¥89.765b
  • Shares outstanding: 275.35m
  • Website: https://www.fujikura.co.jp

Number of Employees


Location

  • Fujikura Ltd.
  • 1-5-1, Kiba
  • Koto-ku
  • Tokyo
  • 135-8512
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5803TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
FJKDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

Biography

Fujikura Ltd. researches, develops, manufactures, and sells wires and cables in Japan, the United States, China, and internationally. The company operates in four segments: Power & Telecommunication Systems Company, Electronics Business Company, Automotive Products Company, and Real Estate Business Company. It offers power and telecommunication systems products, including twisted pair cables, coaxial cables, eco cables, conductors, OHTL and power cables, magnet wires, energy harvesting products, optical fibers/fiber cables, splicers and others, optical components, optical connectors/connected parts, specialty fibers, optical applied products, optical camera link cable assemblies, and fiber lasers. The company also offers electronics products, such as sensors, electrical components, electronic wires, thermal products, and connectors; automotive components, automotive wire harnesses and wires, relay connectors, main fuse and joint boxes, and other products; and superconductors and medical devices. In addition, it develops a complex facility to combine businesses, shopping, and amenities; leases offices; and provides real estate brokerage, professional lessons, golf school, and event services. Fujikura Ltd. was founded in 1885 and is headquartered in Tokyo, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 14:47
End of Day Share Price2020/07/03 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.