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Market Cap

JP¥36.2b

Last Updated

2021/04/11 08:19 UTC

Data Sources

Company Financials +

Executive Summary

JVCKENWOOD Corporation manufactures and sells products in automotive, public service, media service, and other sectors in Japan, the Americas, Europe, Asia, and internationally. More Details


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 6632 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 6632'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

-5.1%

6632

-0.3%

JP Consumer Durables

-0.5%

JP Market


1 Year Return

20.1%

6632

67.6%

JP Consumer Durables

37.5%

JP Market

Return vs Industry: 6632 underperformed the JP Consumer Durables industry which returned 67.4% over the past year.

Return vs Market: 6632 underperformed the JP Market which returned 39.2% over the past year.


Shareholder returns

6632IndustryMarket
7 Day-5.1%-0.3%-0.5%
30 Day-7.9%7.5%1.8%
90 Day30.8%13.2%5.2%
1 Year22.8%20.1%70.1%67.6%40.5%37.5%
3 Year-36.9%-41.2%49.5%40.9%21.1%12.7%
5 Year-15.4%-22.5%132.2%110.6%59.5%41.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 6632 (¥221) is trading below our estimate of fair value (¥460.66)

Significantly Below Fair Value: 6632 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6632 is unprofitable, so we can't compare its PE Ratio to the JP Consumer Durables industry average.

PE vs Market: 6632 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 6632's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6632 is good value based on its PB Ratio (0.6x) compared to the JP Consumer Durables industry average (1x).


Future Growth

How is JVCKENWOOD forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

37.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6632 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0%).

Earnings vs Market: 6632 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 6632's is expected to become profitable in the next 3 years.

Revenue vs Market: 6632's revenue (4.5% per year) is forecast to grow slower than the JP market (5.7% per year).

High Growth Revenue: 6632's revenue (4.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6632's Return on Equity is forecast to be low in 3 years time (9.5%).


Past Performance

How has JVCKENWOOD performed over the past 5 years?

-1.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6632 is currently unprofitable.

Growing Profit Margin: 6632 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 6632 is unprofitable, and losses have increased over the past 5 years at a rate of 1.2% per year.

Accelerating Growth: Unable to compare 6632's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6632 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-6.8%).


Return on Equity

High ROE: 6632 has a negative Return on Equity (0.4%), as it is currently unprofitable.


Financial Health

How is JVCKENWOOD's financial position?


Financial Position Analysis

Short Term Liabilities: 6632's short term assets (¥159.9B) exceed its short term liabilities (¥110.9B).

Long Term Liabilities: 6632's short term assets (¥159.9B) exceed its long term liabilities (¥89.4B).


Debt to Equity History and Analysis

Debt Level: 6632's debt to equity ratio (131.5%) is considered high.

Reducing Debt: 6632's debt to equity ratio has increased from 104.5% to 131.5% over the past 5 years.

Debt Coverage: 6632's debt is well covered by operating cash flow (34%).

Interest Coverage: 6632 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Dividend

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

2.26%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6632's dividend (2.26%) is higher than the bottom 25% of dividend payers in the JP market (1.2%).

High Dividend: 6632's dividend (2.26%) is low compared to the top 25% of dividend payers in the JP market (2.78%).


Stability and Growth of Payments

Stable Dividend: 6632 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 6632 has only been paying a dividend for 9 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: 6632 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?

3.0yrs

Average management tenure


CEO

Scott Eguchi (65 yo)

2yrs

Tenure

Mr. Shoichiro Eguchi, also known as Scott, has been President of JVC KENWOOD Corporation since April 2018 and served as COO from April 2018 to April 2019. Mr. Eguchi serves as Chief Executive Officer at JV...


Leadership Team

Experienced Management: 6632's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: 6632's board of directors are considered experienced (3 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

JVCKENWOOD Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JVCKENWOOD Corporation
  • Ticker: 6632
  • Exchange: TSE
  • Founded: 1927
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: JP¥36.231b
  • Shares outstanding: 163.94m
  • Website: https://www.jvckenwood.com

Number of Employees


Location

  • JVCKENWOOD Corporation
  • 3-12, Moriyacho
  • Kanagawa-ku
  • Yokohama
  • Kanagawa
  • 221-0022
  • Japan

Listings


Biography

JVCKENWOOD Corporation manufactures and sells products in automotive, public service, media service, and other sectors in Japan, the Americas, Europe, Asia, and internationally. It operates through: Automo...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 08:19
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.