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2767

Fields TSE:2767 Stock Report

Last Price

JP¥1.01k

Market Cap

JP¥33.5b

7D

-2.5%

1Y

108.5%

Updated

05 Aug, 2022

Data

Company Financials +
2767 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance3/6
Financial Health5/6
Dividends3/6

2767 Stock Overview

Fields Corporation engages in the content-related businesses in Japan.

Fields Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fields
Historical stock prices
Current Share PriceJP¥1,005.00
52 Week HighJP¥1,184.00
52 Week LowJP¥456.00
Beta1.37
1 Month Change18.24%
3 Month Change11.05%
1 Year Change108.51%
3 Year Change109.38%
5 Year Change-12.84%
Change since IPO67.50%

Recent News & Updates

Shareholder Returns

2767JP LeisureJP Market
7D-2.5%-1.0%-0.3%
1Y108.5%-0.9%-0.9%

Return vs Industry: 2767 exceeded the JP Leisure industry which returned -0.9% over the past year.

Return vs Market: 2767 exceeded the JP Market which returned -0.9% over the past year.

Price Volatility

Is 2767's price volatile compared to industry and market?
2767 volatility
2767 Average Weekly Movement7.7%
Leisure Industry Average Movement4.5%
Market Average Movement4.0%
10% most volatile stocks in JP Market8.1%
10% least volatile stocks in JP Market2.1%

Stable Share Price: 2767 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 2767's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
19881,193Hidetoshi Yamamotohttps://www.fields.biz

Fields Corporation engages in the content-related businesses in Japan. The company plans, develops, manufactures, sells, and maintains pachinko/pachislot (PS) machines. It is also involved in the planning and development of software for PS machines; management and operation of a fitness gyms; provision of information services through the Internet; and planning and production of CG, etc. In addition, the company engages in the planning and production of movie/TV; and planning, production, and sale of character goods.

Fields Fundamentals Summary

How do Fields's earnings and revenue compare to its market cap?
2767 fundamental statistics
Market CapJP¥33.46b
Earnings (TTM)JP¥2.47b
Revenue (TTM)JP¥94.90b

13.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2767 income statement (TTM)
RevenueJP¥94.90b
Cost of RevenueJP¥79.12b
Gross ProfitJP¥15.78b
Other ExpensesJP¥13.31b
EarningsJP¥2.47b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 05, 2022

Earnings per share (EPS)76.43
Gross Margin16.63%
Net Profit Margin2.60%
Debt/Equity Ratio40.5%

How did 2767 perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

13%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 2767 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2767?

Other financial metrics that can be useful for relative valuation.

2767 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/Revenue0.2x
Enterprise Value/EBITDA3.1x
PEG Ratio0.5x

Price to Earnings Ratio vs Peers

How does 2767's PE Ratio compare to its peers?

2767 PE Ratio vs Peers
The above table shows the PE ratio for 2767 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.4x
6238 FURYU
12.1x12.2%JP¥30.9b
7990 Globeride
5.5x2.1%JP¥52.3b
7952 Kawai Musical Instruments Manufacturing
4.8x1.9%JP¥24.8b
7809 Kotobukiya
10.8xn/aJP¥16.1b
2767 Fields
13.1x28.0%JP¥33.5b

Price-To-Earnings vs Peers: 2767 is expensive based on its Price-To-Earnings Ratio (13.1x) compared to the peer average (8.4x).


Price to Earnings Ratio vs Industry

How does 2767's PE Ratio compare vs other companies in the JP Leisure Industry?

Price-To-Earnings vs Industry: 2767 is good value based on its Price-To-Earnings Ratio (13.1x) compared to the JP Leisure industry average (13.5x)


Price to Earnings Ratio vs Fair Ratio

What is 2767'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.

2767 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.1x
Fair PE Ratio16.7x

Price-To-Earnings vs Fair Ratio: 2767 is good value based on its Price-To-Earnings Ratio (13.1x) compared to the estimated Fair Price-To-Earnings Ratio (16.7x).


Share Price vs Fair Value

What is the Fair Price of 2767 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2767 (¥1005) is trading below our estimate of fair value (¥2583.8)

Significantly Below Fair Value: 2767 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Fields forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


28.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2767's forecast earnings growth (28% per year) is above the savings rate (0.04%).

Earnings vs Market: 2767's earnings (28% per year) are forecast to grow faster than the JP market (8.6% per year).

High Growth Earnings: 2767's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 2767's revenue (18.1% per year) is forecast to grow faster than the JP market (4.6% per year).

High Growth Revenue: 2767's revenue (18.1% 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 2767's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Fields performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


62.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 2767 has high quality earnings.

Growing Profit Margin: 2767 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 2767 has become profitable over the past 5 years, growing earnings by 62.8% per year.

Accelerating Growth: 2767 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 2767 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Leisure industry (89.7%).


Return on Equity

High ROE: 2767's Return on Equity (9.9%) is considered low.


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Financial Health

How is Fields's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 2767's short term assets (¥56.7B) exceed its short term liabilities (¥27.9B).

Long Term Liabilities: 2767's short term assets (¥56.7B) exceed its long term liabilities (¥10.6B).


Debt to Equity History and Analysis

Debt Level: 2767 has more cash than its total debt.

Reducing Debt: 2767's debt to equity ratio has increased from 35.9% to 40.5% over the past 5 years.

Debt Coverage: 2767's debt is well covered by operating cash flow (62.5%).

Interest Coverage: 2767's interest payments on its debt are well covered by EBIT (83.6x coverage).


Balance Sheet


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Dividend

What is Fields's 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

  • Cash Flow Coverage


1.99%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 2767's dividend (1.99%) is higher than the bottom 25% of dividend payers in the JP market (1.64%).

High Dividend: 2767's dividend (1.99%) is low compared to the top 25% of dividend payers in the JP market (3.64%).


Stability and Growth of Payments

Stable Dividend: 2767's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2767's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (13.1%), 2767's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (9.5%), 2767's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

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

5.2yrs

Average management tenure


CEO

Hidetoshi Yamamoto (67 yo)

4.25yrs

Tenure

JP¥108,000,000

Compensation

Mr. Hidetoshi Yamamoto serves as the President of Fields Corporation (also known as Toyo Co., Ltd.) since May 2018. Mr. Yamamoto served as the Chief Executive Officer and President of Fields Corporation si...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Hidetoshi's total compensation is reasonable compared to companies of similar size in the JP market.

Compensation vs Earnings: Hidetoshi's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 2767's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: 2767's board of directors are seasoned and experienced ( 12.7 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

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


Key Information

  • Name: Fields Corporation
  • Ticker: 2767
  • Exchange: TSE
  • Founded: 1988
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Implied Market Cap: JP¥33.463b
  • Shares outstanding: 32.33m
  • Website: https://www.fields.biz

Number of Employees


Location

  • Fields Corporation
  • Shibuya Garden Tower
  • 16-17 Nampeidai-cho
  • Tokyo
  • 150-0036
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/05 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.