| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
7013 Overview
IHI Corporation operates in resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; aero engine, space, and defense; and other business areas.
IHI Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | JP¥2,537.00 |
| 52 Week High | JP¥1,222.00 |
| 52 Week Low | JP¥3,050.00 |
| Beta | 1.89 |
| 1 Month Change | 6.91% |
| 3 Month Change | -4.41% |
| 1 Year Change | 73.06% |
| 3 Year Change | -42.08% |
| 5 Year Change | -12.82% |
| Change since IPO | -57.29% |
Recent News & Updates
Shareholder Returns
| 7013 | JP Machinery | JP Market | |
|---|---|---|---|
| 7D | -5.9% | -2.8% | -1.5% |
| 1Y | 73.1% | 26.4% | 23.5% |
Return vs Industry: 7013 exceeded the JP Machinery industry which returned 26.4% over the past year.
Return vs Market: 7013 exceeded the JP Market which returned 23.5% over the past year.
Price Volatility
| 7013 volatility | |
|---|---|
| 7013 Beta | 1.89 |
| Industry Beta | 1.13 |
| Market Beta | 1 |
Stable Share Price: 7013 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 7013's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1853 | 29,149 | Hiroshi Ide | https://www.ihi.co.jp |
IHI Corporation operates in resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; aero engine, space, and defense; and other business areas. It provides boilers that combust various fuels to supply steam for power generation and production processes; and supplies gas turbines, gas engines, and diesel engines for land use, as well as small to large engines for large vessels and high-speed boats. The company also offers design, procurement, construction, and maintenance services for projects in power generation, petroleum, chemicals, and steelmaking fields; engineers, fabricates, constructs, and maintains bridges and expressways; build water gates for controlling water flow of dams and rivers; provides machines with rotating cutters that excavate tunnels for subways, roads, and other engineering works, as well as supplies automatic assembly systems for tunnel interior segments.
IHI Fundamentals Summary
| 7013 fundamental statistics | |
|---|---|
| Market Cap | JP¥381.54b |
| Earnings (TTM) | JP¥33.44b |
| Revenue (TTM) | JP¥1.14t |
11.3x
P/E Ratio0.3x
P/S RatioIs 7013 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 7013 income statement (TTM) | |
|---|---|
| Revenue | JP¥1.14t |
| Cost of Revenue | JP¥950.72b |
| Gross Profit | JP¥189.85b |
| Expenses | JP¥156.41b |
| Earnings | JP¥33.44b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 09, 2021
| Earnings per share (EPS) | 225.13 |
| Gross Margin | 16.65% |
| Net Profit Margin | 2.93% |
| Debt/Equity Ratio | 124.1% |
How did 7013 perform over the long term?
See historical performance and comparisonDividends
2.4%
Current Dividend Yield9%
Payout RatioValuation
Is IHI undervalued compared to its fair value and its price relative to the market?
44.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 7013 (¥2537) is trading below our estimate of fair value (¥4566.7)
Significantly Below Fair Value: 7013 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 7013 is good value based on its PE Ratio (11.3x) compared to the JP Machinery industry average (14.3x).
PE vs Market: 7013 is good value based on its PE Ratio (11.3x) compared to the JP market (14.9x).
Price to Earnings Growth Ratio
PEG Ratio: 7013 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 7013 is overvalued based on its PB Ratio (1.2x) compared to the JP Machinery industry average (0.9x).
Future Growth
How is IHI forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
13.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 7013's forecast earnings growth (13.9% per year) is above the savings rate (0%).
Earnings vs Market: 7013's earnings (13.9% per year) are forecast to grow faster than the JP market (10.3% per year).
High Growth Earnings: 7013's earnings are forecast to grow, but not significantly.
Revenue vs Market: 7013's revenue (3% per year) is forecast to grow slower than the JP market (4.8% per year).
High Growth Revenue: 7013's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 7013's Return on Equity is forecast to be low in 3 years time (13.4%).
Past Performance
How has IHI performed over the past 5 years?
6.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 7013 has a large one-off gain of ¥21.7B impacting its June 30 2021 financial results.
Growing Profit Margin: 7013's current net profit margins (2.9%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: 7013's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: 7013's earnings growth over the past year (255.4%) exceeds its 5-year average (6.5% per year).
Earnings vs Industry: 7013 earnings growth over the past year (255.4%) exceeded the Machinery industry 12.3%.
Return on Equity
High ROE: 7013's Return on Equity (11.1%) is considered low.
Financial Health
How is IHI's financial position?
Financial Position Analysis
Short Term Liabilities: 7013's short term assets (¥892.8B) exceed its short term liabilities (¥687.9B).
Long Term Liabilities: 7013's short term assets (¥892.8B) exceed its long term liabilities (¥742.4B).
Debt to Equity History and Analysis
Debt Level: 7013's debt to equity ratio (124.1%) is considered high.
Reducing Debt: 7013's debt to equity ratio has increased from 103.3% to 124.1% over the past 5 years.
Debt Coverage: 7013's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 7013 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is IHI current dividend yield, its reliability and sustainability?
2.36%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 7013's dividend (2.36%) is higher than the bottom 25% of dividend payers in the JP market (1.3%).
High Dividend: 7013's dividend (2.36%) is low compared to the top 25% of dividend payers in the JP market (2.98%).
Stability and Growth of Payments
Stable Dividend: 7013's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7013's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.9%), 7013's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.9yrs
Average management tenure
CEO
Hiroshi Ide (60 yo)
0.42
Tenure
Mr. Hiroshi Ide has been the Chief Executive Officer at IHI Corporation since April 01, 2021 and serves as its President since June 2020. He serves as General Manager of Corporate Strategic Planning at IHI...
Leadership Team
Experienced Management: 7013's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
Experienced Board: 7013's board of directors are not considered experienced ( 1.3 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
IHI Corporation's employee growth, exchange listings and data sources
Key Information
- Name: IHI Corporation
- Ticker: 7013
- Exchange: TSE
- Founded: 1853
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: JP¥381.543b
- Shares outstanding: 148.52m
- Website: https://www.ihi.co.jp
Number of Employees
Location
- IHI Corporation
- Toyosu IHI Building
- 3-1-1 Toyosu
- Tokyo
- 135-8710
- Japan
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/22 08:03 |
| End of Day Share Price | 2021/09/22 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/03/31 |
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.