THK Co., Ltd. manufactures and supplies machinery components worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥2,686.00|
|52 Week High||JP¥2,383.00|
|52 Week Low||JP¥4,140.00|
|1 Month Change||12.62%|
|3 Month Change||-18.73%|
|1 Year Change||0.30%|
|3 Year Change||-12.93%|
|5 Year Change||38.60%|
|Change since IPO||-43.25%|
Recent News & Updates
|6481||JP Machinery||JP Market|
Return vs Industry: 6481 underperformed the JP Machinery industry which returned 29.4% over the past year.
Return vs Market: 6481 underperformed the JP Market which returned 25.6% over the past year.
Stable Share Price: 6481 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 6481's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.
About the Company
THK Co., Ltd. manufactures and supplies machinery components worldwide. It provides linear motion (LM) guides, spline nuts, LM strokes, cross roller guides, linear ball slides, flat rollers, slide rails, LM guide actuators, ball splines, linear bushes, precision linear packs, cross roller tables, LM rollers, and slide packs. The company also offers ball screws, screw nuts, change nuts, double-row angular contact roller rings, cross roller rings, cam followers, roller followers, spherical plain bearings, link balls, rod ends, lubrication accessories, and seismic isolation products.
THK Fundamentals Summary
|6481 fundamental statistics|
Is 6481 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|6481 income statement (TTM)|
|Cost of Revenue||JP¥207.55b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||7.01|
|Net Profit Margin||0.33%|
How did 6481 perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Does 6481 pay a reliable dividends?See 6481 dividend history and benchmarks
|THK dividend dates|
|Ex Dividend Date||Dec 29 2021|
|Dividend Pay Date||Mar 22 2022|
|Days until Ex dividend||100 days|
|Days until Dividend pay date||183 days|
Does 6481 pay a reliable dividends?See 6481 dividend history and benchmarks
Is THK undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 6481 (¥2686) is trading above our estimate of fair value (¥2680.06)
Significantly Below Fair Value: 6481 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6481 is poor value based on its PE Ratio (383.3x) compared to the JP Machinery industry average (14.5x).
PE vs Market: 6481 is poor value based on its PE Ratio (383.3x) compared to the JP market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: 6481 is poor value based on its PEG Ratio (35.5x)
Price to Book Ratio
PB vs Industry: 6481 is overvalued based on its PB Ratio (1.2x) compared to the JP Machinery industry average (0.9x).
How is THK forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6481's forecast earnings growth (10.8% per year) is above the savings rate (0%).
Earnings vs Market: 6481's earnings (10.8% per year) are forecast to grow faster than the JP market (10.2% per year).
High Growth Earnings: 6481's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6481's revenue (3.4% per year) is forecast to grow slower than the JP market (4.8% per year).
High Growth Revenue: 6481's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6481's Return on Equity is forecast to be low in 3 years time (8.3%).
How has THK performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6481 has a large one-off loss of ¥8.9B impacting its June 30 2021 financial results.
Growing Profit Margin: 6481 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 6481's earnings have declined by 29.4% per year over the past 5 years.
Accelerating Growth: 6481 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 6481 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (12.3%).
Return on Equity
High ROE: 6481's Return on Equity (-0.2%) is considered low.
How is THK's financial position?
Financial Position Analysis
Short Term Liabilities: 6481's short term assets (¥310.3B) exceed its short term liabilities (¥81.6B).
Long Term Liabilities: 6481's short term assets (¥310.3B) exceed its long term liabilities (¥124.5B).
Debt to Equity History and Analysis
Debt Level: 6481's debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: 6481's debt to equity ratio has reduced from 35% to 34.1% over the past 5 years.
Debt Coverage: 6481's debt is well covered by operating cash flow (26%).
Interest Coverage: 6481 earns more interest than it pays, so coverage of interest payments is not a concern.
What is THK current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 6481's dividend (0.67%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.27%).
High Dividend: 6481's dividend (0.67%) is low compared to the top 25% of dividend payers in the JP market (2.94%).
Stability and Growth of Payments
Stable Dividend: 6481 is not paying a notable dividend for the JP market, therefore no need to check if payments are stable.
Growing Dividend: 6481 is not paying a notable dividend for the JP market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 6481 is not paying a notable dividend for the JP market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6481's dividend in 3 years as they are not forecast to pay a notable one for the JP market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Akihiro Teramachi (70 yo)
Mr. Akihiro Teramachi serves as the Chief Executive Officer of THK Co., Ltd. and has been its President since January 1997. Mr. Teramachi serves as Chairman of Nano Control Co., Ltd., Talk System Co., Ltd....
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Akihiro's total compensation is reasonable compared to companies of similar size in the JP market.
Compensation vs Earnings: Akihiro's compensation has been consistent with company performance over the past year.
Experienced Management: 6481's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: 6481's board of directors are considered experienced (8.3 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.
THK Co., Ltd.'s employee growth, exchange listings and data sources
- Name: THK Co., Ltd.
- Ticker: 6481
- Exchange: TSE
- Founded: 1971
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: JP¥339.957b
- Shares outstanding: 126.57m
- Website: https://www.thk.com
Number of Employees
- THK Co., Ltd.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/20 08:04|
|End of Day Share Price||2021/09/17 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.