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6018

Hanshin Diesel WorksTSE:6018 Stock Report

Market Cap

JP¥5.9b

7D

-0.8%

1Y

-6.6%

Updated

24 Sep, 2021

Data

Company Financials
6018 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

6018 Overview

The Hanshin Diesel Works, Ltd. manufactures and sells engines and propulsion systems for ships worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for Hanshin Diesel Works
Historical stock prices
Current Share PriceJP¥1,835.00
52 Week HighJP¥1,721.00
52 Week LowJP¥1,969.00
Beta0.37
1 Month Change1.94%
3 Month Change0.88%
1 Year Change-6.62%
3 Year Change-16.21%
5 Year Change94.18%
Change since IPO-58.81%

Recent News & Updates

Shareholder Returns

6018JP MachineryJP Market
7D-0.8%-3.7%-2.2%
1Y-6.6%26.4%23.6%

Return vs Industry: 6018 underperformed the JP Machinery industry which returned 26.4% over the past year.

Return vs Market: 6018 underperformed the JP Market which returned 23.6% over the past year.

Price Volatility

Is 6018's price volatile compared to industry and market?
6018 volatility
6018 Beta0.37
Industry Beta1.12
Market Beta1

Stable Share Price: 6018 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 6018's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1918274Kazuhiko Kinoshitahttps://www.hanshin-dw.co.jp

The Hanshin Diesel Works, Ltd. manufactures and sells engines and propulsion systems for ships worldwide. The company offers engines comprising low speed four-stroke engines, medium speed engines, and low speed two-stroke engines; and engine monitoring and marine navigation support systems. It also offers propulsion systems, such as controllable pitch propellers and side thrusters; remote control systems and integrated control systems; and peripheral devices, including lubricating oil and fuel oil purifiers, fuel oil fine filters, and LG type lubricating oil filters.

Hanshin Diesel Works Fundamentals Summary

How do Hanshin Diesel Works's earnings and revenue compare to its market cap?
6018 fundamental statistics
Market CapJP¥5.92b
Earnings (TTM)JP¥305.00m
Revenue (TTM)JP¥9.12b

19.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6018 income statement (TTM)
RevenueJP¥9.12b
Cost of RevenueJP¥6.76b
Gross ProfitJP¥2.37b
ExpensesJP¥2.06b
EarningsJP¥305.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 08, 2021

Earnings per share (EPS)94.60
Gross Margin25.95%
Net Profit Margin3.34%
Debt/Equity Ratio0.0%

How did 6018 perform over the long term?

See historical performance and comparison

Valuation

Is Hanshin Diesel Works undervalued compared to its fair value and its price relative to the market?

19.4x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 6018's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 6018's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 6018 is poor value based on its PE Ratio (19.4x) compared to the JP Machinery industry average (14.2x).

PE vs Market: 6018 is poor value based on its PE Ratio (19.4x) compared to the JP market (14.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6018's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6018 is good value based on its PB Ratio (0.5x) compared to the JP Machinery industry average (0.9x).


Future Growth

How is Hanshin Diesel Works forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.7%

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 Hanshin Diesel Works 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.


Past Performance

How has Hanshin Diesel Works performed over the past 5 years?

-4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6018 has high quality earnings.

Growing Profit Margin: 6018's current net profit margins (3.3%) are lower than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: 6018's earnings have declined by 4.6% per year over the past 5 years.

Accelerating Growth: 6018's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 6018 had negative earnings growth (-44.9%) over the past year, making it difficult to compare to the Machinery industry average (12.3%).


Return on Equity

High ROE: 6018's Return on Equity (2.3%) is considered low.


Financial Health

How is Hanshin Diesel Works's financial position?


Financial Position Analysis

Short Term Liabilities: 6018's short term assets (¥10.8B) exceed its short term liabilities (¥3.5B).

Long Term Liabilities: 6018's short term assets (¥10.8B) exceed its long term liabilities (¥3.0B).


Debt to Equity History and Analysis

Debt Level: 6018 is debt free.

Reducing Debt: 6018 had no debt 5 years ago.

Debt Coverage: 6018 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6018 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Hanshin Diesel Works's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6018's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6018'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 6018's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6018's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 6018 is not paying a notable dividend for the JP market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6018'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?

1.7yrs

Average management tenure


CEO

Kazuhiko Kinoshita (60 yo)

5.25yrs

Tenure

Mr. Kazuhiko Kinoshita has been an Executive President of The Hanshin Diesel Works, Ltd. since June 2016. Mr. Kinoshita served as President and Chief Executive Officer of The Hanshin Diesel Works, Ltd.sin...


Leadership Team

Experienced Management: 6018's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: 6018's board of directors are seasoned and experienced ( 10.8 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

The Hanshin Diesel Works, Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: The Hanshin Diesel Works, Ltd.
  • Ticker: 6018
  • Exchange: TSE
  • Founded: 1918
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: JP¥5.916b
  • Shares outstanding: 3.22m
  • Website: https://www.hanshin-dw.co.jp

Number of Employees


Location

  • The Hanshin Diesel Works, Ltd.
  • Shinko Building
  • 4th Floor
  • Kobe
  • Hyogo
  • 650-0024
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:32
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.