Open House Co., Ltd. operates in the real estate and other businesses. More Details
Solid track record with adequate balance sheet.
Share Price & News
How has Open House's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3288 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 3288's weekly volatility (5%) has been stable over the past year.
7 Day Return
JP Consumer Durables
1 Year Return
JP Consumer Durables
Return vs Industry: 3288 exceeded the JP Consumer Durables industry which returned 67.4% over the past year.
Return vs Market: 3288 exceeded the JP Market which returned 39.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Open House's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Open House undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3288 (¥4895) is trading above our estimate of fair value (¥1237.39)
Significantly Below Fair Value: 3288 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3288 is good value based on its PE Ratio (8.9x) compared to the JP Consumer Durables industry average (12.6x).
PE vs Market: 3288 is good value based on its PE Ratio (8.9x) compared to the JP market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: 3288 is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: 3288 is overvalued based on its PB Ratio (2.5x) compared to the JP Consumer Durables industry average (1x).
How is Open House forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3288's forecast earnings growth (7.2% per year) is above the savings rate (0%).
Earnings vs Market: 3288's earnings (7.2% per year) are forecast to grow slower than the JP market (16.5% per year).
High Growth Earnings: 3288's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3288's revenue (11.5% per year) is forecast to grow faster than the JP market (5.7% per year).
High Growth Revenue: 3288's revenue (11.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3288's Return on Equity is forecast to be low in 3 years time (18.6%).
How has Open House performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3288 has high quality earnings.
Growing Profit Margin: 3288's current net profit margins (10.7%) are higher than last year (7.7%).
Past Earnings Growth Analysis
Earnings Trend: 3288's earnings have grown significantly by 26.9% per year over the past 5 years.
Accelerating Growth: 3288's earnings growth over the past year (48.6%) exceeds its 5-year average (26.9% per year).
Earnings vs Industry: 3288 earnings growth over the past year (48.6%) exceeded the Consumer Durables industry -6.8%.
Return on Equity
High ROE: Whilst 3288's Return on Equity (26.58%) is high, this metric is skewed due to their high level of debt.
How is Open House's financial position?
Financial Position Analysis
Short Term Liabilities: 3288's short term assets (¥507.0B) exceed its short term liabilities (¥169.1B).
Long Term Liabilities: 3288's short term assets (¥507.0B) exceed its long term liabilities (¥163.1B).
Debt to Equity History and Analysis
Debt Level: 3288's debt to equity ratio (113.6%) is considered high.
Reducing Debt: 3288's debt to equity ratio has reduced from 174.6% to 113.6% over the past 5 years.
Debt Coverage: 3288's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: 3288's interest payments on its debt are well covered by EBIT (29x coverage).
What is Open House current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3288's dividend (1.8%) is higher than the bottom 25% of dividend payers in the JP market (1.2%).
High Dividend: 3288's dividend (1.8%) is low compared to the top 25% of dividend payers in the JP market (2.78%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 3288 has been paying a dividend for less than 10 years.
Growing Dividend: 3288's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.5%), 3288's dividend payments are thoroughly 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
Masaaki Arai (55 yo)
Mr. Masaaki Arai has been the President of Open House Co.,Ltd. since September 1997. Mr. Arai joined Unihouse Corp. in October 1987. He has been Representative Director of Open House Co., Ltd. since Septem...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Masaaki's total compensation is reasonable compared to companies of similar size in the JP market.
Compensation vs Earnings: Insufficient data to compare Masaaki's compensation with company performance.
Experienced Management: 3288's management team is seasoned and experienced (7.6 years average tenure).
Experienced Board: 3288's board of directors are seasoned and experienced ( 10.3 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 been diluted in the past year, with total shares outstanding growing by 12.7%.
Open House Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Open House Co., Ltd.
- Ticker: 3288
- Exchange: TSE
- Founded: 1996
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: JP¥610.080b
- Shares outstanding: 124.63m
- Website: https://oh.openhouse-group.com
Number of Employees
- Open House Co., Ltd.
- Marunouchi Building
- 12th Floor
Open House Co., Ltd. operates in the real estate and other businesses. It provides real estate sales agency/brokerage services. The company also sells newly built detached houses and residential land; and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/11 08:21|
|End of Day Share Price||2021/04/09 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.