TSE:3529

Stock Analysis Report

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Market Cap

JP¥9.9b

Last Updated

2021/06/18 08:01 UTC

Data Sources

Company Financials

Executive Summary

Atsugi Co., Ltd. develops, manufactures, and sells pantyhose products, stockings, and lingerie products for women in Japan. More Details


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 3529 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 3529's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

1.0%

3529

-0.03%

JP Luxury

0.4%

JP Market


1 Year Return

-0.3%

3529

26.4%

JP Luxury

22.6%

JP Market

Return vs Industry: 3529 underperformed the JP Luxury industry which returned 26.4% over the past year.

Return vs Market: 3529 underperformed the JP Market which returned 22.6% over the past year.


Shareholder returns

3529IndustryMarket
7 Day1.0%-0.03%0.4%
30 Day-0.2%10.0%3.6%
90 Day5.3%5.7%-2.3%
1 Year-0.3%-0.3%28.9%26.4%25.3%22.6%
3 Year-45.5%-48.3%0.2%-5.9%20.3%12.1%
5 Year-36.1%-42.2%57.9%42.8%78.4%58.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.29x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 3529 (¥615) is trading above our estimate of fair value (¥112.08)

Significantly Below Fair Value: 3529 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 3529 is unprofitable, so we can't compare its PE Ratio to the JP Luxury industry average.

PE vs Market: 3529 is unprofitable, so we can't compare its PE Ratio to the JP market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3529's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3529 is good value based on its PB Ratio (0.3x) compared to the JP Luxury industry average (0.7x).


Future Growth

How is Atsugi forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.7%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Atsugi has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Atsugi performed over the past 5 years?

-66.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3529 is currently unprofitable.

Growing Profit Margin: 3529 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 3529 is unprofitable, and losses have increased over the past 5 years at a rate of 66.8% per year.

Accelerating Growth: Unable to compare 3529's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 3529 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-11.3%).


Return on Equity

High ROE: 3529 has a negative Return on Equity (-11.27%), as it is currently unprofitable.


Financial Health

How is Atsugi's financial position?


Financial Position Analysis

Short Term Liabilities: 3529's short term assets (¥20.5B) exceed its short term liabilities (¥4.5B).

Long Term Liabilities: 3529's short term assets (¥20.5B) exceed its long term liabilities (¥5.9B).


Debt to Equity History and Analysis

Debt Level: 3529's debt to equity ratio (6.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 3529's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 3529 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 3529 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 42.2% each year.


Dividend

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

2.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3529's dividend (2.44%) is higher than the bottom 25% of dividend payers in the JP market (1.31%).

High Dividend: 3529's dividend (2.44%) is low compared to the top 25% of dividend payers in the JP market (2.99%).


Stability and Growth of Payments

Stable Dividend: 3529's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3529's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 3529 is paying a dividend but the company is unprofitable.


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?

7.0yrs

Average management tenure


CEO

Hiroshi Kudou (56 yo)

7yrs

Tenure

Mr. Hiroshi Kudou has been the President of Atsugi Co.,Ltd. since June 2014. Mr. Kudou has been General Manager of Texture Business Division at Atsugi Co.,Ltd. since April 2015. He joined Atsugi Nylon Shoj...


Leadership Team

Experienced Management: 3529's management team is seasoned and experienced (7 years average tenure).


Board Members

Experienced Board: 3529's board of directors are considered experienced (4.2 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

Atsugi Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Atsugi Co., Ltd.
  • Ticker: 3529
  • Exchange: TSE
  • Founded: 1947
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: JP¥9.858b
  • Shares outstanding: 16.03m
  • Website: https://www.atsugi.co.jp

Number of Employees


Location

  • Atsugi Co., Ltd.
  • 1-9-1, Ohyakita
  • Ebina
  • Kanagawa
  • Japan

Listings


Biography

Atsugi Co., Ltd. develops, manufactures, and sells pantyhose products, stockings, and lingerie products for women in Japan. The company also provides socks for women, children, and men; and elderly care pr...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/18 08:01
End of Day Share Price2021/06/18 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.