6302 Stock Overview
Sumitomo Heavy Industries, Ltd. manufactures and sells general machinery, advanced precision machinery, construction machinery, ships, and environmental plant facilities in Japan and internationally.
Sumitomo Heavy Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥2,939.00|
|52 Week High||JP¥3,320.00|
|52 Week Low||JP¥2,474.00|
|1 Month Change||0.27%|
|3 Month Change||-0.94%|
|1 Year Change||-1.48%|
|3 Year Change||-4.89%|
|5 Year Change||-25.78%|
|Change since IPO||-15.55%|
Recent News & Updates
|6302||JP Machinery||JP Market|
Return vs Industry: 6302 exceeded the JP Machinery industry which returned -5.9% over the past year.
Return vs Market: 6302 underperformed the JP Market which returned -0.2% over the past year.
|6302 Average Weekly Movement||3.4%|
|Machinery Industry Average Movement||3.9%|
|Market Average Movement||3.8%|
|10% most volatile stocks in JP Market||7.8%|
|10% least volatile stocks in JP Market||2.0%|
Stable Share Price: 6302 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 6302's weekly volatility (3%) has been stable over the past year.
About the Company
Sumitomo Heavy Industries, Ltd. manufactures and sells general machinery, advanced precision machinery, construction machinery, ships, and environmental plant facilities in Japan and internationally. The company operates through four segments: Mechatronics, Industrial Machinery, Logistics & Construction, and Energy & Lifelines. Its Mechatronics segment offers gear reducers, motors, and boxes; motion control drives, inverters, precision positioning equipment, laser processing systems, control systems and components, motion components, and drive and collaborative robot solutions.
Sumitomo Heavy Industries Fundamentals Summary
|6302 fundamental statistics|
Is 6302 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|6302 income statement (TTM)|
|Cost of Revenue||JP¥809.72b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||368.20|
|Net Profit Margin||4.33%|
How did 6302 perform over the long term?See historical performance and comparison
3.1%Current Dividend Yield
Is 6302 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 6302?
Other financial metrics that can be useful for relative valuation.
|What is 6302's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 6302's PE Ratio compare to its peers?
|6302 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
6302 Sumitomo Heavy Industries
Price-To-Earnings vs Peers: 6302 is good value based on its Price-To-Earnings Ratio (8x) compared to the peer average (20.1x).
Price to Earnings Ratio vs Industry
How does 6302's PE Ratio compare vs other companies in the JP Machinery Industry?
Price-To-Earnings vs Industry: 6302 is good value based on its Price-To-Earnings Ratio (8x) compared to the JP Machinery industry average (10.5x)
Price to Earnings Ratio vs Fair Ratio
What is 6302'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.
|Current PE Ratio||8x|
|Fair PE Ratio||14.6x|
Price-To-Earnings vs Fair Ratio: 6302 is good value based on its Price-To-Earnings Ratio (8x) compared to the estimated Fair Price-To-Earnings Ratio (14.6x).
Share Price vs Fair Value
What is the Fair Price of 6302 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 6302 (¥2939) is trading below our estimate of fair value (¥5155.65)
Significantly Below Fair Value: 6302 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Sumitomo Heavy Industries forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6302's forecast earnings growth (11.4% per year) is above the savings rate (0.04%).
Earnings vs Market: 6302's earnings (11.4% per year) are forecast to grow faster than the JP market (8.5% per year).
High Growth Earnings: 6302's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6302's revenue (5.8% per year) is forecast to grow faster than the JP market (4.3% per year).
High Growth Revenue: 6302'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: 6302's Return on Equity is forecast to be low in 3 years time (7.2%).
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How has Sumitomo Heavy Industries performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6302 has high quality earnings.
Growing Profit Margin: 6302's current net profit margins (4.3%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: 6302's earnings have declined by 1.2% per year over the past 5 years.
Accelerating Growth: 6302's earnings growth over the past year (35%) exceeds its 5-year average (-1.2% per year).
Earnings vs Industry: 6302 earnings growth over the past year (35%) exceeded the Machinery industry 25.9%.
Return on Equity
High ROE: 6302's Return on Equity (7.6%) is considered low.
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How is Sumitomo Heavy Industries's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 6302's short term assets (¥690.6B) exceed its short term liabilities (¥388.8B).
Long Term Liabilities: 6302's short term assets (¥690.6B) exceed its long term liabilities (¥163.8B).
Debt to Equity History and Analysis
Debt Level: 6302's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 6302's debt to equity ratio has increased from 12.5% to 22.4% over the past 5 years.
Debt Coverage: 6302's debt is well covered by operating cash flow (45.7%).
Interest Coverage: 6302 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Sumitomo Heavy Industries's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6302's dividend (3.06%) is higher than the bottom 25% of dividend payers in the JP market (1.63%).
High Dividend: 6302's dividend (3.06%) is low compared to the top 25% of dividend payers in the JP market (3.59%).
Stability and Growth of Payments
Stable Dividend: 6302's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6302's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.2%), 6302's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.7%), 6302's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shinji Shimomura (65 yo)
Mr. Shinji Shimomura has been Director of Sumitomo Heavy Industries, Ltd., since June 2016 and President and Chief Executive Officer since April 1, 2019. He had been the Chief Executive Officer, President...
Experienced Management: 6302's management team is considered experienced (3.3 years average tenure).
Experienced Board: 6302's board of directors are considered experienced (4.2 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sumitomo Heavy Industries, Ltd.'s employee growth, exchange listings and data sources
- Name: Sumitomo Heavy Industries, Ltd.
- Ticker: 6302
- Exchange: TSE
- Founded: 1888
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: JP¥360.027b
- Shares outstanding: 122.50m
- Website: https://www.shi.co.jp
Number of Employees
- Sumitomo Heavy Industries, Ltd.
- ThinkPark Tower
- 1-1 Osaki 2-chome
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/15 00:00|
|End of Day Share Price||2022/08/15 00:00|
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.