TSE:6612

Stock Analysis Report

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Market Cap

JP¥50.8b

Last Updated

2021/06/18 08:19 UTC

Data Sources

Company Financials +

Executive Summary

Balmuda Inc. engages in the design, development, manufacturing, marketing, and sale of home appliances in Japan and internationally. More Details


Snowflake Analysis

Excellent balance sheet with moderate growth potential.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 6612 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 6612's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of JP stocks.


Market Performance


7 Day Return

-1.9%

6612

-2.3%

JP Consumer Durables

0.4%

JP Market


1 Year Return

n/a

6612

31.6%

JP Consumer Durables

22.6%

JP Market

Return vs Industry: Insufficient data to determine how 6612 performed against the JP Consumer Durables industry.

Return vs Market: Insufficient data to determine how 6612 performed against the JP Market.


Shareholder returns

6612IndustryMarket
7 Day-1.9%-2.3%0.4%
30 Day-10.0%0.9%3.6%
90 Day-14.6%-8.4%-2.3%
1 Yearn/a33.6%31.6%25.3%22.6%
3 Yearn/a36.7%28.9%20.3%12.1%
5 Yearn/a127.5%106.5%78.4%58.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

47.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 6612 (¥6120) is trading above our estimate of fair value (¥3163.42)

Significantly Below Fair Value: 6612 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6612 is poor value based on its PE Ratio (48.1x) compared to the JP Consumer Durables industry average (11x).

PE vs Market: 6612 is poor value based on its PE Ratio (48.1x) compared to the JP market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: 6612 is poor value based on its PEG Ratio (3.1x)


Price to Book Ratio

PB vs Industry: 6612 is overvalued based on its PB Ratio (9.9x) compared to the JP Consumer Durables industry average (0.9x).


Future Growth

How is BALMUDA forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

15.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6612's forecast earnings growth (15.4% per year) is above the savings rate (0%).

Earnings vs Market: 6612's earnings (15.4% per year) are forecast to grow faster than the JP market (12.9% per year).

High Growth Earnings: 6612's earnings are forecast to grow, but not significantly.

Revenue vs Market: 6612's revenue (15% per year) is forecast to grow faster than the JP market (5.2% per year).

High Growth Revenue: 6612's revenue (15% 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 6612's Return on Equity is forecast to be high in 3 years time


Past Performance

How has BALMUDA performed over the past 5 years?

31.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 6612 has high quality earnings.

Growing Profit Margin: 6612's current net profit margins (6.6%) are higher than last year (5.8%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 6612's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 6612's past year earnings growth to its 5-year average.

Earnings vs Industry: 6612 earnings growth over the past year (31.8%) exceeded the Consumer Durables industry 19.2%.


Return on Equity

High ROE: 6612's Return on Equity (17.5%) is considered low.


Financial Health

How is BALMUDA's financial position?


Financial Position Analysis

Short Term Liabilities: 6612's short term assets (¥8.3B) exceed its short term liabilities (¥3.9B).

Long Term Liabilities: 6612's short term assets (¥8.3B) exceed its long term liabilities (¥480.0M).


Debt to Equity History and Analysis

Debt Level: 6612's debt to equity ratio (24.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 6612's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 6612's debt is well covered by operating cash flow (138%).

Interest Coverage: 6612's interest payments on its debt are well covered by EBIT (94.1x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6612's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6612's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 6612's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6612's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6612's dividend in 3 years as they are not forecast to pay a notable one for the JP market.


Next Steps

Management

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


CEO

Gen Terao (47 yo)

no data

Tenure

Mr. Gen Terao serves as President and Chief Executive Officer at Balmuda Inc. Mr. Terao serves as Representative Director of Balmuda Inc. He established Balmuda Design Co., Ltd. in 2003 (changed company na...


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: 6612 only recently listed within the past 12 months.


Top Shareholders

Company Information

BALMUDA Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BALMUDA Inc.
  • Ticker: 6612
  • Exchange: TSE
  • Founded: 2003
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: JP¥50.833b
  • Shares outstanding: 8.31m
  • Website: https://www.balmuda.com/jp

Number of Employees


Location

  • BALMUDA Inc.
  • 5-1-21 Kyonancho
  • Musashino
  • Tokyo
  • 180-0023
  • Japan

Listings


Biography

Balmuda Inc. engages in the design, development, manufacturing, marketing, and sale of home appliances in Japan and internationally. The company offers steam toasters, electric kettles, electric rice cooke...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/18 08:19
End of Day Share Price2021/06/18 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.