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MK Seiko TSE:5906 Stock Report

Last Price


Market Cap







04 Oct, 2022


Company Financials
5906 fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance1/6
Financial Health4/6

5906 Stock Overview

MK Seiko Co., Ltd. develops, produces, and sells automotive service and information equipment, and household products.

MK Seiko Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MK Seiko
Historical stock prices
Current Share PriceJP¥339.00
52 Week HighJP¥429.00
52 Week LowJP¥331.00
1 Month Change-1.17%
3 Month Change-1.45%
1 Year Change-16.30%
3 Year Change5.28%
5 Year Change-16.71%
Change since IPO-86.39%

Recent News & Updates

Shareholder Returns

5906JP MachineryJP Market

Return vs Industry: 5906 underperformed the JP Machinery industry which returned -10% over the past year.

Return vs Market: 5906 underperformed the JP Market which returned -5.8% over the past year.

Price Volatility

Is 5906's price volatile compared to industry and market?
5906 volatility
5906 Average Weekly Movement1.3%
Machinery Industry Average Movement3.5%
Market Average Movement3.5%
10% most volatile stocks in JP Market7.4%
10% least volatile stocks in JP Market1.8%

Stable Share Price: 5906 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: 5906's weekly volatility (1%) has been stable over the past year.

About the Company

19561,327Shoichi Maruyama

MK Seiko Co., Ltd. develops, produces, and sells automotive service and information equipment, and household products. The company was incorporated in 1956 and is headquartered in Chikuma, Japan.

MK Seiko Fundamentals Summary

How do MK Seiko's earnings and revenue compare to its market cap?
5906 fundamental statistics
Market CapJP¥4.91b
Earnings (TTM)JP¥438.00m
Revenue (TTM)JP¥24.77b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
5906 income statement (TTM)
Cost of RevenueJP¥16.95b
Gross ProfitJP¥7.82b
Other ExpensesJP¥7.38b

Last Reported Earnings

Jun 20, 2022

Next Earnings Date

Oct 27, 2022

Earnings per share (EPS)30.04
Gross Margin31.56%
Net Profit Margin1.77%
Debt/Equity Ratio52.5%

How did 5906 perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is 5906 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 0/6

  • 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 5906?

Other financial metrics that can be useful for relative valuation.

5906 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/Revenue0.3x
Enterprise Value/EBITDA4.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 5906's PE Ratio compare to its peers?

5906 PE Ratio vs Peers
The above table shows the PE ratio for 5906 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.7x
6229 Okumura Engineering
6518 Sanso ElectricLtd
6267 General Packer
6492 Okano Valve Mfg.Co.Ltd
5906 MK Seiko

Price-To-Earnings vs Peers: 5906 is expensive based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (8.7x).

Price to Earnings Ratio vs Industry

How does 5906's PE Ratio compare vs other companies in the JP Machinery Industry?

Price-To-Earnings vs Industry: 5906 is expensive based on its Price-To-Earnings Ratio (11.3x) compared to the JP Machinery industry average (10.2x)

Price to Earnings Ratio vs Fair Ratio

What is 5906'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.

5906 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 5906's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of 5906 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5906 (¥339) is trading above our estimate of fair value (¥136.21)

Significantly Below Fair Value: 5906 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 MK Seiko forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


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 MK Seiko 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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  • Examine MK Seiko's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has MK Seiko performed over the past 5 years?

Past Performance Score


Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 5906 has high quality earnings.

Growing Profit Margin: 5906's current net profit margins (1.8%) are lower than last year (2.2%).

Past Earnings Growth Analysis

Earnings Trend: 5906's earnings have declined by 6.8% per year over the past 5 years.

Accelerating Growth: 5906's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 5906 had negative earnings growth (-23.4%) over the past year, making it difficult to compare to the Machinery industry average (24.4%).

Return on Equity

High ROE: 5906's Return on Equity (3.5%) is considered low.

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Financial Health

How is MK Seiko's financial position?

Financial Health Score


Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 5906's short term assets (¥16.8B) exceed its short term liabilities (¥11.4B).

Long Term Liabilities: 5906's short term assets (¥16.8B) exceed its long term liabilities (¥2.9B).

Debt to Equity History and Analysis

Debt Level: 5906's net debt to equity ratio (23.5%) is considered satisfactory.

Reducing Debt: 5906's debt to equity ratio has increased from 44.3% to 52.5% over the past 5 years.

Debt Coverage: 5906's debt is not well covered by operating cash flow (6.6%).

Interest Coverage: 5906 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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What is MK Seiko current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


Current Dividend Yield

Dividend Yield vs Market

MK Seiko Dividend Yield vs Market
How does MK Seiko dividend yield compare to the market?
SegmentDividend Yield
Company (MK Seiko)2.4%
Market Bottom 25% (JP)1.7%
Market Top 25% (JP)3.8%
Industry Average (Machinery)2.4%
Analyst forecast in 3 Years (MK Seiko)n/a

Notable Dividend: 5906's dividend (2.36%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).

High Dividend: 5906's dividend (2.36%) is low compared to the top 25% of dividend payers in the JP market (3.76%).

Stability and Growth of Payments

Stable Dividend: 5906's dividends per share have been stable in the past 10 years.

Growing Dividend: 5906's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.6%), 5906's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (176.7%), 5906's dividend payments are not well covered by cash flows.

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


Average management tenure


Shoichi Maruyama (50 yo)



Mr. Shoichi Maruyama has been President and Representative Director of MK Seiko Co. Ltd. since March 2012.

Leadership Team

Experienced Management: 5906's management team is seasoned and experienced (12.5 years average tenure).

Board Members

Experienced Board: 5906's board of directors are seasoned and experienced ( 11 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.

Ownership Breakdown

What is the ownership structure of 5906?
Owner TypeNumber of SharesOwnership Percentage
Employee Share Scheme613,0004.2%
VC/PE Firms1,170,0008.0%
Individual Insiders3,229,80022.2%
General Public7,255,13949.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 16 shareholders own 50.14% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
Eiki Maruyama
1,451,800¥492.2m0%no data
Tokyo Small and Medium Business Investment & Consultation Co., Ltd.
The Hachijuni Bank Ltd, Asset Management Arm
Mizuho Financial Group, Inc., Asset Management Arm
MK Seiko Employees' Stock Ownership Association
613,000¥207.8m0%no data
MS&AD Insurance Group Holdings, Inc., Asset Management Arm
Shigeo Maruyama
506,000¥171.5m0%no data
Kohnosuke Hayakawa
454,000¥153.9m0%no data
Fumio Ohkubo
449,000¥152.2m0%no data
Shoichi Maruyama
166,000¥56.3m9.93%no data
Shigemitsu Kondo
80,000¥27.1m9.59%no data
Kazuhiro Hayakawa
55,000¥18.6m10%no data
Nobuaki Miura
25,000¥8.5m0%no data
Yoshihiko Kutsukake
17,000¥5.8m41.67%no data
Hideki Izumi
12,000¥4.1m50%no data
Meiji Yasuda Life Insurance Company, Asset Management Arm
10,800¥3.7m0%no data

Company Information

MK Seiko Co., Ltd.'s employee growth, exchange listings and data sources

Key Information

  • Name: MK Seiko Co., Ltd.
  • Ticker: 5906
  • Exchange: TSE
  • Founded: 1956
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: JP¥4.913b
  • Shares outstanding: 14.58m
  • Website:

Number of Employees


  • MK Seiko Co., Ltd.
  • 1825 Amenomiya
  • Chikuma
  • Nagano
  • 387-8603
  • Japan


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5906TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/04 00:00
End of Day Share Price2022/10/04 00:00
Annual Earnings2022/03/20

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.