JVCKENWOOD
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
Rewards
Risk Analysis
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
| 6632 | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.1% | -0.3% | -0.5% |
| 30 Day | -7.9% | 7.5% | 1.8% |
| 90 Day | 30.8% | 13.2% | 5.2% |
| 1 Year | 22.8%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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 08:19 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.