TSE:3284

Stock Analysis Report

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Market Cap

JP¥26.0b

Last Updated

2021/06/22 08:23 UTC

Data Sources

Company Financials +

Executive Summary

Hoosiers Holdings, through its subsidiaries, engages in planning, selling, and managing condominiums, self-owned detached houses, and apartments in Japan. More Details


Snowflake Analysis

Mediocre balance sheet with acceptable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 3284 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 3284's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-0.3%

3284

-4.1%

JP Consumer Durables

-3.7%

JP Market


1 Year Return

34.9%

3284

30.2%

JP Consumer Durables

18.5%

JP Market

Return vs Industry: 3284 exceeded the JP Consumer Durables industry which returned 30.2% over the past year.

Return vs Market: 3284 exceeded the JP Market which returned 18.5% over the past year.


Shareholder returns

3284IndustryMarket
7 Day-0.3%-4.1%-3.7%
30 Day-0.5%-0.8%-0.07%
90 Day0.1%-6.6%-1.4%
1 Year39.3%34.9%32.1%30.2%21.1%18.5%
3 Year7.1%-5.3%37.3%29.5%17.7%9.7%
5 Year70.9%41.3%128.0%107.0%71.6%53.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

14.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 3284 (¥722) is trading above our estimate of fair value (¥352.78)

Significantly Below Fair Value: 3284 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 3284 is poor value based on its PE Ratio (14.2x) compared to the JP Consumer Durables industry average (10.9x).

PE vs Market: 3284 is good value based on its PE Ratio (14.2x) compared to the JP market (15.9x).


Price to Earnings Growth Ratio

PEG Ratio: 3284's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 3284's PB Ratio (0.9x) is in line with the JP Consumer Durables industry average.


Future Growth

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

-1.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3284's earnings are forecast to decline over the next 3 years (-1.4% per year).

Earnings vs Market: 3284's earnings are forecast to decline over the next 3 years (-1.4% per year).

High Growth Earnings: 3284's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 3284's revenue is expected to decline over the next 3 years (-0.08% per year).

High Growth Revenue: 3284's revenue is forecast to decline over the next 3 years (-0.08% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 3284's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Hoosiers Holdings performed over the past 5 years?

-12.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3284 has a large one-off loss of ¥970.0M impacting its March 31 2021 financial results.

Growing Profit Margin: 3284's current net profit margins (3.6%) are higher than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: 3284's earnings have declined by 12.5% per year over the past 5 years.

Accelerating Growth: 3284's earnings growth over the past year (942.8%) exceeds its 5-year average (-12.5% per year).

Earnings vs Industry: 3284 earnings growth over the past year (942.8%) exceeded the Consumer Durables industry 17.1%.


Return on Equity

High ROE: 3284's Return on Equity (7.8%) is considered low.


Financial Health

How is Hoosiers Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 3284's short term assets (¥105.1B) exceed its short term liabilities (¥41.5B).

Long Term Liabilities: 3284's short term assets (¥105.1B) exceed its long term liabilities (¥58.1B).


Debt to Equity History and Analysis

Debt Level: 3284's debt to equity ratio (231.2%) is considered high.

Reducing Debt: 3284's debt to equity ratio has increased from 190% to 231.2% over the past 5 years.

Debt Coverage: 3284's debt is not well covered by operating cash flow (12.7%).

Interest Coverage: 3284's interest payments on its debt are well covered by EBIT (6.3x coverage).


Balance Sheet


Dividend

What is Hoosiers Holdings's current dividend yield, its reliability and sustainability?

4.90%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3284's dividend (4.99%) is higher than the bottom 25% of dividend payers in the JP market (1.34%).

High Dividend: 3284's dividend (4.99%) is in the top 25% of dividend payers in the JP market (3.06%)


Stability and Growth of Payments

Stable Dividend: 3284 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 3284's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (47.1%), 3284'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?

8.2yrs

Average board tenure


CEO

Tetsuya Hirooka (57 yo)

no data

Tenure

Tetsuya Hirooka serves as Chief Executive Officer of Hoosiers Holdings. Tetsuya Hirooka served as the President of Hoosiers Holdings since April 2013. Tetsuya Hirooka has been the Chairman of Hoosiers Corp...


Board Members

Experienced Board: 3284's board of directors are considered experienced (8.2 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

Hoosiers Holdings's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hoosiers Holdings
  • Ticker: 3284
  • Exchange: TSE
  • Founded: 2013
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Market Cap: JP¥26.039b
  • Shares outstanding: 35.38m
  • Website: https://www.hoosiers.co.jp

Number of Employees


Location

  • Hoosiers Holdings
  • Marunouchi Nakadori Building
  • 10th Floor
  • Tokyo
  • 100-0005
  • Japan

Listings


Biography

Hoosiers Holdings, through its subsidiaries, engages in planning, selling, and managing condominiums, self-owned detached houses, and apartments in Japan. The company operates through six segments: Condomi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/22 08:23
End of Day Share Price2021/06/22 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.