Snowflake Score | |
---|---|
Valuation | 1/6 |
Future Growth | 2/6 |
Past Performance | 5/6 |
Financial Health | 6/6 |
Dividends | 3/6 |
6273 Stock Overview
SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide.
Rewards
Risk Analysis
No risks detected for 6273 from our risk checks.
SMC Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | JP¥66,250.00 |
52 Week High | JP¥79,510.00 |
52 Week Low | JP¥59,550.00 |
Beta | 1.03 |
1 Month Change | 4.20% |
3 Month Change | -2.74% |
1 Year Change | 3.79% |
3 Year Change | 80.52% |
5 Year Change | 84.70% |
Change since IPO | 1,629.77% |
Recent News & Updates
Shareholder Returns
6273 | JP Machinery | JP Market | |
---|---|---|---|
7D | 0.7% | 0.1% | -0.3% |
1Y | 3.8% | -11.1% | -3.7% |
Return vs Industry: 6273 exceeded the JP Machinery industry which returned -11.1% over the past year.
Return vs Market: 6273 exceeded the JP Market which returned -3.7% over the past year.
Price Volatility
6273 volatility | |
---|---|
6273 Average Weekly Movement | 5.0% |
Machinery Industry Average Movement | 4.5% |
Market Average Movement | 4.5% |
10% most volatile stocks in JP Market | 8.9% |
10% least volatile stocks in JP Market | 2.5% |
Stable Share Price: 6273 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 6273's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1959 | 21,620 | Yoshiki Takada | https://www.smcworld.com |
SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers directional control valves, air cylinders, rotary actuators/air grippers, electric actuators/cylinders, vacuum equipment, air preparation equipment, modular F.R.L./pressure control equipment, lubrication equipment, fittings and tubings, flow control equipment, speed controllers, silencers/exhaust cleaners/blow guns/pressure gauges, switches/sensors/controllers, and static neutralization equipment. It also provides process valves, chemical liquid valves/fittings and needle valves/tubings, process pumps, temperature control equipment, process gas equipment, high vacuum equipment, industrial filters/sintered metal elements, pneumatic instrumentation equipment, and hydraulic equipment.
SMC Fundamentals Summary
6273 fundamental statistics | |
---|---|
Market Cap | JP¥4.33t |
Earnings (TTM) | JP¥192.99b |
Revenue (TTM) | JP¥727.40b |
22.4x
P/E Ratio6.0x
P/S RatioIs 6273 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
6273 income statement (TTM) | |
---|---|
Revenue | JP¥727.40b |
Cost of Revenue | JP¥363.55b |
Gross Profit | JP¥363.85b |
Other Expenses | JP¥170.86b |
Earnings | JP¥192.99b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 2.95k |
Gross Margin | 50.02% |
Net Profit Margin | 26.53% |
Debt/Equity Ratio | 0.7% |
How did 6273 perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield26%
Payout RatioValuation
Is SMC undervalued compared to its fair value and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
8.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6273 (¥66250) is trading below our estimate of fair value (¥72616.02)
Significantly Below Fair Value: 6273 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 6273 is poor value based on its Price-To-Earnings Ratio (22.4x) compared to the JP Machinery industry average (11.1x).
PE vs Market: 6273 is poor value based on its Price-To-Earnings Ratio (22.4x) compared to the JP market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: 6273 is poor value based on its PEG Ratio (6.1x)
Price to Book Ratio
PB vs Industry: 6273 is overvalued based on its Price-To-Book Ratio (2.8x) compared to the JP Machinery industry average (0.7x).
Future Growth
How is SMC forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
3.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6273's forecast earnings growth (3.7% per year) is above the savings rate (0.02%).
Earnings vs Market: 6273's earnings (3.7% per year) are forecast to grow slower than the JP market (8.7% per year).
High Growth Earnings: 6273's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6273's revenue (5.8% per year) is forecast to grow faster than the JP market (4.1% per year).
High Growth Revenue: 6273's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6273's Return on Equity is forecast to be low in 3 years time (11.1%).
Past Performance
How has SMC performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
4.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6273 has high quality earnings.
Growing Profit Margin: 6273's current net profit margins (26.5%) are higher than last year (22.1%).
Past Earnings Growth Analysis
Earnings Trend: 6273's earnings have grown by 4% per year over the past 5 years.
Accelerating Growth: 6273's earnings growth over the past year (58.5%) exceeds its 5-year average (4% per year).
Earnings vs Industry: 6273 earnings growth over the past year (58.5%) exceeded the Machinery industry 32.3%.
Return on Equity
High ROE: 6273's Return on Equity (12.4%) is considered low.
Financial Health
How is SMC's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 6273's short term assets (¥1,258.4B) exceed its short term liabilities (¥169.4B).
Long Term Liabilities: 6273's short term assets (¥1,258.4B) exceed its long term liabilities (¥41.3B).
Debt to Equity History and Analysis
Debt Level: 6273 has more cash than its total debt.
Reducing Debt: 6273's debt to equity ratio has reduced from 1.7% to 0.7% over the past 5 years.
Debt Coverage: 6273's debt is well covered by operating cash flow (1352.3%).
Interest Coverage: 6273 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is SMC current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.36%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6273's dividend (1.36%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.66%).
High Dividend: 6273's dividend (1.36%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Stability and Growth of Payments
Stable Dividend: 6273's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6273's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.7%), 6273's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.2%), 6273'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?
1.9yrs
Average management tenure
CEO
Yoshiki Takada (63 yo)
1.08yrs
Tenure
Mr. Yoshiki Takada serves as President since April 1, 2021 and serves as its Senior General Manager of Sales Headquarters / Chairman, SMC US at SMC Corporation. He serves as Representative Director at SMC...
Leadership Team
Experienced Management: 6273's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
Experienced Board: 6273's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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
SMC Corporation's employee growth, exchange listings and data sources
Key Information
- Name: SMC Corporation
- Ticker: 6273
- Exchange: TSE
- Founded: 1959
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: JP¥4.329t
- Shares outstanding: 65.34m
- Website: https://www.smcworld.com
Number of Employees
Location
- SMC Corporation
- Akihabara UDX Building
- 15th Floor
- Tokyo
- 101-0021
- Japan
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/25 00:00 |
End of Day Share Price | 2022/05/25 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2022/03/31 |
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.