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Market Cap

JP¥446.4b

Last Updated

2021/04/11 08:03 UTC

Data Sources

Company Financials +

Executive Summary

HASEKO Corporation plans, designs, constructs, sells, renovates, and rents condominiums in Japan and internationally. More Details


Snowflake Analysis

Adequate balance sheet second-rate dividend payer.

Share Price & News

How has HASEKO's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1808 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 1808's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

2.8%

1808

-0.3%

JP Consumer Durables

-0.5%

JP Market


1 Year Return

36.4%

1808

67.6%

JP Consumer Durables

37.5%

JP Market

Return vs Industry: 1808 underperformed the JP Consumer Durables industry which returned 67.6% over the past year.

Return vs Market: 1808 underperformed the JP Market which returned 37.5% over the past year.


Shareholder returns

1808IndustryMarket
7 Day2.8%-0.3%-0.5%
30 Day9.2%7.5%1.8%
90 Day33.1%13.2%5.2%
1 Year42.9%36.4%70.1%67.6%40.5%37.5%
3 Year15.3%-1.6%49.5%40.9%21.1%12.7%
5 Year89.4%52.8%132.2%110.6%59.5%41.9%

Long-Term Price Volatility Vs. Market

How volatile is HASEKO's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

9.62x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1808 (¥1614) is trading above our estimate of fair value (¥734.57)

Significantly Below Fair Value: 1808 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1808 is good value based on its PE Ratio (9.6x) compared to the JP Consumer Durables industry average (12.8x).

PE vs Market: 1808 is good value based on its PE Ratio (9.6x) compared to the JP market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: 1808's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 1808 is overvalued based on its PB Ratio (1.2x) compared to the JP Consumer Durables industry average (0.9x).


Future Growth

How is HASEKO forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

-1.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1808's earnings are forecast to decline over the next 3 years (-1.2% per year).

Earnings vs Market: 1808's earnings are forecast to decline over the next 3 years (-1.2% per year).

High Growth Earnings: 1808's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 1808's revenue (0.2% per year) is forecast to grow slower than the JP market (5.8% per year).

High Growth Revenue: 1808's revenue (0.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1808's Return on Equity is forecast to be low in 3 years time (10.7%).


Past Performance

How has HASEKO performed over the past 5 years?

2.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1808 has high quality earnings.

Growing Profit Margin: 1808's current net profit margins (6.2%) are lower than last year (7.8%).


Past Earnings Growth Analysis

Earnings Trend: 1808's earnings have grown by 2.9% per year over the past 5 years.

Accelerating Growth: 1808's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1808 had negative earnings growth (-26.6%) over the past year, making it difficult to compare to the Consumer Durables industry average (-6.8%).


Return on Equity

High ROE: 1808's Return on Equity (12.7%) is considered low.


Financial Health

How is HASEKO's financial position?


Financial Position Analysis

Short Term Liabilities: 1808's short term assets (¥638.1B) exceed its short term liabilities (¥211.2B).

Long Term Liabilities: 1808's short term assets (¥638.1B) exceed its long term liabilities (¥292.9B).


Debt to Equity History and Analysis

Debt Level: 1808's debt to equity ratio (71%) is considered high.

Reducing Debt: 1808's debt to equity ratio has reduced from 100.9% to 71% over the past 5 years.

Debt Coverage: 1808's debt is not well covered by operating cash flow (0.3%).

Interest Coverage: 1808's interest payments on its debt are well covered by EBIT (101.8x coverage).


Balance Sheet


Dividend

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

6.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1808's dividend (6.82%) is higher than the bottom 25% of dividend payers in the JP market (1.21%).

High Dividend: 1808's dividend (6.82%) is in the top 25% of dividend payers in the JP market (2.81%)


Stability and Growth of Payments

Stable Dividend: 1808 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1808's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.8%), 1808'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.


Next Steps

Management

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

4.3yrs

Average board tenure


CEO

Kazuo Ikegami (63 yo)

no data

Tenure

Kazuo Ikegami is the President at HASEKO Corporation. Kazuo Ikegami was the Executive Operating Officer at HASEKO Corporation and served as Senior Operating Officer since April 2014. Kazuo Ikegami serves a...


Board Members

Experienced Board: 1808's board of directors are considered experienced (4.3 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

HASEKO Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: HASEKO Corporation
  • Ticker: 1808
  • Exchange: TSE
  • Founded: 1937
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Market Cap: JP¥446.372b
  • Shares outstanding: 276.56m
  • Website: https://www.haseko.co.jp

Number of Employees


Location

  • HASEKO Corporation
  • 32-1 Shiba 2-chome
  • Minato-ku
  • Tokyo
  • 105-8507
  • Japan

Listings


Biography

HASEKO Corporation plans, designs, constructs, sells, renovates, and rents condominiums in Japan and internationally. The company operates through Construction-Related Business, Service-Related Business, a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 08:03
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.