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6502

Toshiba TSE:6502 Stock Report

Last Price

JP¥5.30k

Market Cap

JP¥2.3t

7D

-0.2%

1Y

14.0%

Updated

09 Aug, 2022

Data

Company Financials +
6502 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

6502 Stock Overview

Toshiba Corporation, together with its subsidiaries, provides electronic devices and storage solutions worldwide.

Toshiba Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Toshiba
Historical stock prices
Current Share PriceJP¥5,300.00
52 Week HighJP¥5,938.00
52 Week LowJP¥3,990.00
Beta0.77
1 Month Change-3.11%
3 Month Change-1.25%
1 Year Change13.98%
3 Year Change65.63%
5 Year Change76.67%
Change since IPO-21.48%

Recent News & Updates

Shareholder Returns

6502JP IndustrialsJP Market
7D-0.2%0.2%0.3%
1Y14.0%7.8%-1.8%

Return vs Industry: 6502 exceeded the JP Industrials industry which returned 10.7% over the past year.

Return vs Market: 6502 exceeded the JP Market which returned -0.3% over the past year.

Price Volatility

Is 6502's price volatile compared to industry and market?
6502 volatility
6502 Average Weekly Movement2.9%
Industrials Industry Average Movement3.1%
Market Average Movement3.9%
10% most volatile stocks in JP Market8.0%
10% least volatile stocks in JP Market2.1%

Stable Share Price: 6502 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 6502's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1875116,224Taro Shimadahttps://www.toshiba.co.jp

Toshiba Corporation, together with its subsidiaries, provides electronic devices and storage solutions worldwide. It operates through Energy Systems and Solutions, Infrastructure Systems and Solutions, Building Solutions, Retail and Printing Solutions, Electronic Devices and Storage Solutions, Digital Solutions, and Other segments. The company provides energy systems and solutions, including nuclear, thermal, and renewable energy power generation systems; transmission and distribution, hydro, geothermal, solar, and wind power services.

Toshiba Fundamentals Summary

How do Toshiba's earnings and revenue compare to its market cap?
6502 fundamental statistics
Market CapJP¥2.29t
Earnings (TTM)JP¥194.65b
Revenue (TTM)JP¥3.39t

11.8x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6502 income statement (TTM)
RevenueJP¥3.39t
Cost of RevenueJP¥2.41t
Gross ProfitJP¥981.86b
Other ExpensesJP¥787.21b
EarningsJP¥194.65b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 10, 2022

Earnings per share (EPS)449.90
Gross Margin28.98%
Net Profit Margin5.75%
Debt/Equity Ratio28.0%

How did 6502 perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

25%

Payout Ratio

Does 6502 pay a reliable dividends?

See 6502 dividend history and benchmarks
When do you need to buy 6502 by to receive an upcoming dividend?
Toshiba dividend dates
Ex Dividend DateSep 29 2022
Dividend Pay DateDec 01 2022
Days until Ex dividend50 days
Days until Dividend pay date113 days

Does 6502 pay a reliable dividends?

See 6502 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 6502 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 6502?

Other financial metrics that can be useful for relative valuation.

6502 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/Revenue0.7x
Enterprise Value/EBITDA14.4x
PEG Ratio-8.6x

Price to Earnings Ratio vs Peers

How does 6502's PE Ratio compare to its peers?

6502 PE Ratio vs Peers
The above table shows the PE ratio for 6502 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average13.7x
6501 Hitachi
12.7x1.9%JP¥6.3t
9045 Keihan Holdings
22x12.0%JP¥370.3b
3105 Nisshinbo Holdings
7.1x6.0%JP¥169.7b
3167 TOKAI Holdings
12.9xn/aJP¥115.0b
6502 Toshiba
11.8x-1.4%JP¥2.3t

Price-To-Earnings vs Peers: 6502 is good value based on its Price-To-Earnings Ratio (11.8x) compared to the peer average (13.7x).


Price to Earnings Ratio vs Industry

How does 6502's PE Ratio compare vs other companies in the Asian Industrials Industry?

Price-To-Earnings vs Industry: 6502 is good value based on its Price-To-Earnings Ratio (11.8x) compared to the JP Industrials industry average (14x)


Price to Earnings Ratio vs Fair Ratio

What is 6502'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.

6502 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.8x
Fair PE Ratio14x

Price-To-Earnings vs Fair Ratio: 6502 is good value based on its Price-To-Earnings Ratio (11.8x) compared to the estimated Fair Price-To-Earnings Ratio (14x).


Share Price vs Fair Value

What is the Fair Price of 6502 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6502 (¥5300) is trading below our estimate of fair value (¥5744.26)

Significantly Below Fair Value: 6502 is trading below fair value, but not by a significant amount.


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 lower than the current share price.


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Future Growth

How is Toshiba forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-1.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6502's earnings are forecast to decline over the next 3 years (-1.4% per year).

Earnings vs Market: 6502's earnings are forecast to decline over the next 3 years (-1.4% per year).

High Growth Earnings: 6502's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 6502's revenue (0.7% per year) is forecast to grow slower than the JP market (4.4% per year).

High Growth Revenue: 6502's revenue (0.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6502's Return on Equity is forecast to be low in 3 years time (13.2%).


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Past Performance

How has Toshiba performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-24.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6502 has high quality earnings.

Growing Profit Margin: 6502's current net profit margins (5.7%) are higher than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: 6502 has become profitable over the past 5 years, growing earnings by -24.5% per year.

Accelerating Growth: 6502's earnings growth over the past year (59.9%) exceeds its 5-year average (-24.5% per year).

Earnings vs Industry: 6502 earnings growth over the past year (59.9%) exceeded the Industrials industry 24.3%.


Return on Equity

High ROE: 6502's Return on Equity (15.7%) is considered low.


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Financial Health

How is Toshiba's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 6502's short term assets (¥2,266.0B) exceed its short term liabilities (¥1,509.9B).

Long Term Liabilities: 6502's short term assets (¥2,266.0B) exceed its long term liabilities (¥858.0B).


Debt to Equity History and Analysis

Debt Level: 6502 has more cash than its total debt.

Reducing Debt: 6502 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: 6502's debt is well covered by operating cash flow (65.1%).

Interest Coverage: 6502's interest payments on its debt are well covered by EBIT (57.4x coverage).


Balance Sheet


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Dividend

What is Toshiba current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.47%

Current Dividend Yield

Upcoming Dividend Payment

TodayAug 10 2022Ex Dividend DateSep 29 2022Dividend Pay DateDec 01 202263 days from Ex DividendBuy in the next 50 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 6502's dividend (5.47%) is higher than the bottom 25% of dividend payers in the JP market (1.64%).

High Dividend: 6502's dividend (5.47%) is in the top 25% of dividend payers in the JP market (3.62%)


Stability and Growth of Payments

Stable Dividend: 6502's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6502's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (24.9%), 6502's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (105.7%), 6502's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

1.6yrs

Average management tenure


CEO

Taro Shimada (56 yo)

0.42

Tenure

Mr. Taro Shimada serves as Representative Executive Officer, President and Chief Executive Officer at Toshiba Corporation since March 01, 2022 and serves as its Director since June 28, 2022. He served as G...


Leadership Team

Experienced Management: 6502's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: 6502's board of directors are not considered experienced ( 0.2 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

Toshiba Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Toshiba Corporation
  • Ticker: 6502
  • Exchange: TSE
  • Founded: 1875
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Implied Market Cap: JP¥2.293t
  • Shares outstanding: 432.65m
  • Website: https://www.toshiba.co.jp

Number of Employees


Location

  • Toshiba Corporation
  • 1-1, Shibaura 1-chome
  • Minato-Ku
  • Tokyo
  • 105-8001
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/09 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.