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7972

ItokiTSE:7972 Stock Report

Market Cap

JP¥15.8b

7D

2.0%

1Y

0.6%

Updated

06 Dec, 2021

Data

Company Financials
7972 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends5/6

7972 Stock Overview

Itoki Corporation manufactures and sells office and equipment-related products and services in Japan and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Itoki
Historical stock prices
Current Share PriceJP¥349.00
52 Week HighJP¥447.00
52 Week LowJP¥321.00
Beta0.84
1 Month Change-5.68%
3 Month Change-4.65%
1 Year Change0.58%
3 Year Change-39.20%
5 Year Change-58.40%
Change since IPO-77.63%

Recent News & Updates

Shareholder Returns

7972JP Commercial ServicesJP Market
7D2.0%0.04%0.7%
1Y0.6%4.6%9.3%

Return vs Industry: 7972 underperformed the JP Commercial Services industry which returned 5.6% over the past year.

Return vs Market: 7972 underperformed the JP Market which returned 8.9% over the past year.

Price Volatility

Is 7972's price volatile compared to industry and market?
7972 volatility
7972 Average Weekly Movement4.4%
Commercial Services Industry Average Movement4.1%
Market Average Movement4.1%
10% most volatile stocks in JP Market8.0%
10% least volatile stocks in JP Market2.2%

Stable Share Price: 7972 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 7972's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18904,062Yoshiro Hiraihttps://www.itoki.jp

Itoki Corporation manufactures and sells office and equipment-related products and services in Japan and internationally. The company offers workstation systems, desks, low partitions, office and conference room chairs, tables, related maintenance services, etc.; office building internal materials, movable and fixed walls, security equipment, factory and logistics equipment, commercial facility equipment, research facility equipment, etc.; and study desks and chairs, study and small office/home office furniture, etc. It also provides furniture and other products for healthcare facilities; bookshelf, auto racks, and find picker products for public facilities; safety deposit boxes and vault doors for financial institutions; and distribution equipment for factories and logistics facilities. The company offers its products under joyten brand name.

Itoki Fundamentals Summary

How do Itoki's earnings and revenue compare to its market cap?
7972 fundamental statistics
Market CapJP¥15.78b
Earnings (TTM)JP¥903.00m
Revenue (TTM)JP¥113.99b

17.5x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
7972 income statement (TTM)
RevenueJP¥113.99b
Cost of RevenueJP¥72.31b
Gross ProfitJP¥41.68b
ExpensesJP¥40.77b
EarningsJP¥903.00m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)19.97
Gross Margin36.56%
Net Profit Margin0.79%
Debt/Equity Ratio41.3%

How did 7972 perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

65%

Payout Ratio

Does 7972 pay a reliable dividends?

See 7972 dividend history and benchmarks
When do you need to buy 7972 by to receive an upcoming dividend?
Itoki dividend dates
Ex Dividend DateDec 29 2021
Dividend Pay DateMar 25 2022
Days until Ex dividend22 days
Days until Dividend pay date108 days

Does 7972 pay a reliable dividends?

See 7972 dividend history and benchmarks

Valuation

Is Itoki undervalued compared to its fair value and its price relative to the market?

9.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 7972 (¥349) is trading below our estimate of fair value (¥386.85)

Significantly Below Fair Value: 7972 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 7972 is poor value based on its PE Ratio (17.5x) compared to the JP Commercial Services industry average (13.2x).

PE vs Market: 7972 is poor value based on its PE Ratio (17.5x) compared to the JP market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 7972's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 7972 is good value based on its PB Ratio (0.4x) compared to the JP Commercial Services industry average (1x).


Future Growth

How is Itoki forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.8%

Forecasted Commercial Services 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 Itoki 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.


Past Performance

How has Itoki performed over the past 5 years?

-45.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 7972 has high quality earnings.

Growing Profit Margin: 7972 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 7972's earnings have declined by 45.9% per year over the past 5 years.

Accelerating Growth: 7972 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 7972 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (29.7%).


Return on Equity

High ROE: 7972's Return on Equity (1.6%) is considered low.


Financial Health

How is Itoki's financial position?


Financial Position Analysis

Short Term Liabilities: 7972's short term assets (¥55.2B) exceed its short term liabilities (¥40.3B).

Long Term Liabilities: 7972's short term assets (¥55.2B) exceed its long term liabilities (¥16.3B).


Debt to Equity History and Analysis

Debt Level: 7972's net debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: 7972's debt to equity ratio has increased from 32.8% to 41.3% over the past 5 years.

Debt Coverage: 7972's debt is well covered by operating cash flow (20.2%).

Interest Coverage: 7972's interest payments on its debt are well covered by EBIT (31.7x coverage).


Balance Sheet


Dividend

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

3.72%

Current Dividend Yield


Upcoming Dividend Payment

TodayDec 07 2021Ex Dividend DateDec 29 2021Dividend Pay DateMar 25 202286 days from Ex DividendBuy in the next 22 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 7972's dividend (3.72%) is higher than the bottom 25% of dividend payers in the JP market (1.42%).

High Dividend: 7972's dividend (3.72%) is in the top 25% of dividend payers in the JP market (3.29%)


Stability and Growth of Payments

Stable Dividend: 7972's dividends per share have been stable in the past 10 years.

Growing Dividend: 7972's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (65%), 7972's dividend payments are 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?

6.8yrs

Average management tenure


CEO

Yoshiro Hirai (60 yo)

6.75yrs

Tenure

Mr. Yoshiro Hirai has been the President and Representative Director of Itoki Corporation since March 2015.


Leadership Team

Experienced Management: 7972's management team is seasoned and experienced (6.8 years average tenure).


Board Members

Experienced Board: 7972's board of directors are considered experienced (6.8 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

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


Key Information

  • Name: Itoki Corporation
  • Ticker: 7972
  • Exchange: TSE
  • Founded: 1890
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: JP¥15.777b
  • Shares outstanding: 45.21m
  • Website: https://www.itoki.jp

Number of Employees


Location

  • Itoki Corporation
  • 2-5-1, Nihonbashi
  • Chuo-ku
  • Tokyo
  • 103-6113
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/06 15:34
End of Day Share Price2021/12/06 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.