Token Corporation operates as a construction company in Japan. More Details
No risks detected for 1766 from our risk checks.
Flawless balance sheet average dividend payer.
Share Price & News
How has Token's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1766 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 1766's weekly volatility (3%) has been stable over the past year.
7 Day Return
JP Consumer Durables
1 Year Return
JP Consumer Durables
Return vs Industry: 1766 exceeded the JP Consumer Durables industry which returned 38.5% over the past year.
Return vs Market: 1766 exceeded the JP Market which returned 25.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Token's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Token undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1766 (¥10120) is trading below our estimate of fair value (¥10707.05)
Significantly Below Fair Value: 1766 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 1766 is poor value based on its PE Ratio (13.5x) compared to the JP Consumer Durables industry average (10.5x).
PE vs Market: 1766 is good value based on its PE Ratio (13.5x) compared to the JP market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: 1766 is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: 1766 is overvalued based on its PB Ratio (1.3x) compared to the JP Consumer Durables industry average (0.9x).
How is Token forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1766's forecast earnings growth (8.8% per year) is above the savings rate (0%).
Earnings vs Market: 1766's earnings (8.8% per year) are forecast to grow slower than the JP market (11.7% per year).
High Growth Earnings: 1766's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1766's revenue (4.1% per year) is forecast to grow slower than the JP market (5.1% per year).
High Growth Revenue: 1766's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 1766's Return on Equity is forecast to be high in 3 years time
How has Token performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1766 has high quality earnings.
Growing Profit Margin: 1766's current net profit margins (3.3%) are higher than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: 1766's earnings have declined by 1.4% per year over the past 5 years.
Accelerating Growth: 1766's earnings growth over the past year (17.1%) exceeds its 5-year average (-1.4% per year).
Earnings vs Industry: 1766 earnings growth over the past year (17.1%) underperformed the Consumer Durables industry 31.5%.
Return on Equity
High ROE: 1766's Return on Equity (9.6%) is considered low.
How is Token's financial position?
Financial Position Analysis
Short Term Liabilities: 1766's short term assets (¥134.3B) exceed its short term liabilities (¥59.6B).
Long Term Liabilities: 1766's short term assets (¥134.3B) exceed its long term liabilities (¥29.3B).
Debt to Equity History and Analysis
Debt Level: 1766 is debt free.
Reducing Debt: 1766 has not had any debt for past 5 years.
Debt Coverage: 1766 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1766 has no debt, therefore coverage of interest payments is not a concern.
What is Token current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1766's dividend (2.47%) is higher than the bottom 25% of dividend payers in the JP market (1.34%).
High Dividend: 1766's dividend (2.47%) is low compared to the top 25% of dividend payers in the JP market (3.03%).
Stability and Growth of Payments
Stable Dividend: 1766's dividends per share have been stable in the past 10 years.
Growing Dividend: 1766's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.3%), 1766's dividend payments are well 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Minoru Soda (74 yo)
Mr. Minoru Soda has been the President of Token Corporation since July 1979 and served as its Chief Executive Officer. Mr. Soda founded Tomei Shoji, Ltd., (now Token Corporation) in July 1974. Mr. Soda est...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Minoru's total compensation is reasonable compared to companies of similar size in the JP market.
Compensation vs Earnings: Minoru's compensation has been consistent with company performance over the past year.
Experienced Management: 1766's management team is seasoned and experienced (21.3 years average tenure).
Experienced Board: 1766's board of directors are seasoned and experienced ( 13.1 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.
Token Corporation's company bio, employee growth, exchange listings and data sources
- Name: Token Corporation
- Ticker: 1766
- Exchange: TSE
- Founded: 1974
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: JP¥136.065b
- Shares outstanding: 13.45m
- Website: https://www.token.co.jp
Number of Employees
- Token Corporation
- Marunouchi Building
- 1-33, 2-chome, Marunouchi
Token Corporation operates as a construction company in Japan. It is involved in the rental of rental apartments, condominiums, and retail outlets; home remodeling business; and construction of general and...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/02 15:34|
|End of Day Share Price||2021/08/02 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.