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7446

Tohoku Chemical TSE:7446 Stock Report

Last Price

JP¥3.31k

Market Cap

JP¥3.1b

7D

-2.6%

1Y

-6.2%

Updated

30 Jun, 2022

Data

Company Financials
7446 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

7446 Stock Overview

Tohoku Chemical Co., Ltd., a trading company, sells pesticides, food additives, and industrial chemicals and reagents in Japan.

Tohoku Chemical Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tohoku Chemical
Historical stock prices
Current Share PriceJP¥3,310.00
52 Week HighJP¥3,850.00
52 Week LowJP¥3,100.00
Beta0.43
1 Month Change-1.49%
3 Month Change2.64%
1 Year Change-6.23%
3 Year Change10.33%
5 Year Change5.08%
Change since IPO-54.35%

Recent News & Updates

Shareholder Returns

7446JP Trade DistributorsJP Market
7D-2.6%3.3%2.3%
1Y-6.2%16.3%-3.9%

Return vs Industry: 7446 underperformed the JP Trade Distributors industry which returned 16.3% over the past year.

Return vs Market: 7446 underperformed the JP Market which returned -3.9% over the past year.

Price Volatility

Is 7446's price volatile compared to industry and market?
7446 volatility
7446 Average Weekly Movement3.6%
Trade Distributors Industry Average Movement3.6%
Market Average Movement4.2%
10% most volatile stocks in JP Market8.4%
10% least volatile stocks in JP Market2.2%

Stable Share Price: 7446 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 7446's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1953316Yukihiro Kudohttps://www.t-kagaku.co.jp

Tohoku Chemical Co., Ltd., a trading company, sells pesticides, food additives, and industrial chemicals and reagents in Japan. The company offers chemical industrial reagents/chemical industrial reagent-related apparatus. It also provides clinical diagnostic reagents/clinical diagnostic reagent-related equipment, such as kits inspecting for blood or bacteria helpful for medical examination and diagnosis of various diseases; medical devices that include clinical inspection apparatus and medical imaging systems; and external body diagnosing medicines, medical devices, medical materials, etc. In addition, the company offers food additives/food processing apparatus; and reagents for product inspection analysis hygiene materials, detergents, pesticides, and water treatment, as well as materials for transfer, analytical inspection, and product development.

Tohoku Chemical Fundamentals Summary

How do Tohoku Chemical's earnings and revenue compare to its market cap?
7446 fundamental statistics
Market CapJP¥3.06b
Earnings (TTM)JP¥565.00m
Revenue (TTM)JP¥37.13b

5.3x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
7446 income statement (TTM)
RevenueJP¥37.13b
Cost of RevenueJP¥33.79b
Gross ProfitJP¥3.34b
Other ExpensesJP¥2.77b
EarningsJP¥565.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 01, 2022

Earnings per share (EPS)627.07
Gross Margin8.99%
Net Profit Margin1.52%
Debt/Equity Ratio4.4%

How did 7446 perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

17%

Payout Ratio

Does 7446 pay a reliable dividends?

See 7446 dividend history and benchmarks
When do you need to buy 7446 by to receive an upcoming dividend?
Tohoku Chemical dividend dates
Ex Dividend DateSep 29 2022
Dividend Pay DateDec 21 2022
Days until Ex dividend91 days
Days until Dividend pay date174 days

Does 7446 pay a reliable dividends?

See 7446 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 7446 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 7446?

Other financial metrics that can be useful for relative valuation.

7446 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/Revenue0.06x
Enterprise Value/EBITDA2.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 7446's PE Ratio compare to its peers?

7446 PE Ratio vs Peers
The above table shows the PE ratio for 7446 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average5.7x
2693 YKT
5.1xn/aJP¥3.4b
7425 Hatsuho ShoujiLtd
5xn/aJP¥3.0b
8594 Nakamichi Leasing
7xn/aJP¥3.4b
3537 Shoei YakuhinLtd
5.9xn/aJP¥3.4b
7446 Tohoku Chemical
5.3xn/aJP¥3.1b

Price-To-Earnings vs Peers: 7446 is good value based on its Price-To-Earnings Ratio (5.3x) compared to the peer average (5.7x).


Price to Earnings Ratio vs Industry

How does 7446's PE Ratio compare vs other companies in the JP Trade Distributors Industry?

Price-To-Earnings vs Industry: 7446 is good value based on its Price-To-Earnings Ratio (5.3x) compared to the JP Trade Distributors industry average (8x)


Price to Earnings Ratio vs Fair Ratio

What is 7446'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.

7446 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 7446's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 7446 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 7446 (¥3310) is trading above our estimate of fair value (¥1262.88)

Significantly Below Fair Value: 7446 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 7446's PEG Ratio to determine if it is good value.


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Future Growth

How is Tohoku Chemical forecast to perform in the next 1 to 3 years based on estimates from 0 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


-3.5%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tohoku Chemical has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine Tohoku Chemical's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has Tohoku Chemical performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


25.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 7446 has high quality earnings.

Growing Profit Margin: 7446's current net profit margins (1.5%) are lower than last year (1.8%).


Past Earnings Growth Analysis

Earnings Trend: 7446's earnings have grown significantly by 25.3% per year over the past 5 years.

Accelerating Growth: 7446's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 7446 had negative earnings growth (-6%) over the past year, making it difficult to compare to the Trade Distributors industry average (36%).


Return on Equity

High ROE: 7446's Return on Equity (9.1%) is considered low.


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Financial Health

How is Tohoku Chemical'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: 7446's short term assets (¥12.0B) exceed its short term liabilities (¥9.5B).

Long Term Liabilities: 7446's short term assets (¥12.0B) exceed its long term liabilities (¥813.0M).


Debt to Equity History and Analysis

Debt Level: 7446 has more cash than its total debt.

Reducing Debt: 7446's debt to equity ratio has reduced from 11.8% to 4.4% over the past 5 years.

Debt Coverage: 7446's debt is well covered by operating cash flow (106.8%).

Interest Coverage: 7446 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Tohoku Chemical current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.72%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 30 2022Ex Dividend DateSep 29 2022Dividend Pay DateDec 21 202283 days from Ex DividendBuy in the next 91 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 7446's dividend (2.72%) is higher than the bottom 25% of dividend payers in the JP market (1.67%).

High Dividend: 7446's dividend (2.72%) is low compared to the top 25% of dividend payers in the JP market (3.67%).


Stability and Growth of Payments

Stable Dividend: 7446's dividend payments have been volatile in the past 10 years.

Growing Dividend: 7446's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.9%), 7446's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (31.1%), 7446's dividend payments are well covered by cash flows.


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Management

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

10.0yrs

Average management tenure


CEO

Yukihiro Kudo (68 yo)

12.5yrs

Tenure

Yukihiro Kudo has been the President and Representative Director at Tohoku Chemical Co., Ltd. since December 2009 and May 2002 respectively and also served as its Chief Executive Officer. Mr. Kudo served a...


Leadership Team

Experienced Management: 7446's management team is seasoned and experienced (10 years average tenure).


Board Members

Experienced Board: 7446's board of directors are seasoned and experienced ( 14.2 years average tenure).


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

Tohoku Chemical Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Tohoku Chemical Co., Ltd.
  • Ticker: 7446
  • Exchange: TSE
  • Founded: 1953
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Implied Market Cap: JP¥3.063b
  • Shares outstanding: 901.02k
  • Website: https://www.t-kagaku.co.jp

Number of Employees


Location

  • Tohoku Chemical Co., Ltd.
  • 1-3-1, Kanda
  • Hirosaki
  • Aomori
  • 036-8655
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/30 00:00
End of Day Share Price2022/06/30 00:00
Earnings2022/03/31
Annual Earnings2021/09/30


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.