Roland
Market Cap
JP¥124.9b
Last Updated
2021/04/17 08:23 UTC
Data Sources
Company Financials +
Executive Summary
Roland Corporation manufactures, markets, imports, and exports electronic musical instruments, electronic equipment, and software in Japan. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with proven track record.
Similar Companies
Share Price & News
How has Roland's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 7944 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: Insufficient data to determine 7944's volatility change over the past year.
Market Performance
7 Day Return
7.9%
7944
0.7%
JP Leisure
0.1%
JP Market
1 Year Return
n/a
7944
50.1%
JP Leisure
37.4%
JP Market
Return vs Industry: Insufficient data to determine how 7944 performed against the JP Leisure industry.
Return vs Market: Insufficient data to determine how 7944 performed against the JP Market.
Shareholder returns
| 7944 | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.9% | 0.7% | 0.1% |
| 30 Day | 10.7% | 1.6% | -1.2% |
| 90 Day | 37.0% | 3.0% | 5.7% |
| 1 Year | n/a | 52.5%50.1% | 40.3%37.4% |
| 3 Year | n/a | 53.9%45.7% | 21.3%12.9% |
| 5 Year | n/a | 82.6%66.7% | 57.3%40.0% |
Long-Term Price Volatility Vs. Market
How volatile is Roland's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Roland undervalued compared to its fair value and its price relative to the market?
29.04x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 7944 (¥4650) is trading above our estimate of fair value (¥2961.7)
Significantly Below Fair Value: 7944 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 7944's PE Ratio (29x) is in line with the JP Leisure industry average.
PE vs Market: 7944 is poor value based on its PE Ratio (29x) compared to the JP market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: 7944 is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: 7944 is overvalued based on its PB Ratio (6.3x) compared to the JP Leisure industry average (1.1x).
Future Growth
How is Roland forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
13.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 7944's forecast earnings growth (13.6% per year) is above the savings rate (0%).
Earnings vs Market: 7944's earnings (13.6% per year) are forecast to grow slower than the JP market (14.2% per year).
High Growth Earnings: 7944's earnings are forecast to grow, but not significantly.
Revenue vs Market: 7944's revenue (5.1% per year) is forecast to grow slower than the JP market (5.7% per year).
High Growth Revenue: 7944's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 7944's Return on Equity is forecast to be high in 3 years time (24.4%)
Past Performance
How has Roland performed over the past 5 years?
63.3%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: 7944 has high quality earnings.
Growing Profit Margin: 7944's current net profit margins (6.7%) are higher than last year (4.2%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 7944's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 7944's past year earnings growth to its 5-year average.
Earnings vs Industry: 7944 earnings growth over the past year (63.3%) exceeded the Leisure industry -26.3%.
Return on Equity
High ROE: 7944's Return on Equity (21.4%) is considered high.
Financial Health
How is Roland's financial position?
Financial Position Analysis
Short Term Liabilities: 7944's short term assets (¥36.1B) exceed its short term liabilities (¥17.0B).
Long Term Liabilities: 7944's short term assets (¥36.1B) exceed its long term liabilities (¥9.0B).
Debt to Equity History and Analysis
Debt Level: 7944's debt to equity ratio (48.8%) is considered high.
Reducing Debt: 7944's debt to equity ratio has increased from 9.9% to 48.8% over the past 5 years.
Debt Coverage: 7944's debt is well covered by operating cash flow (70.2%).
Interest Coverage: 7944's interest payments on its debt are well covered by EBIT (3558x coverage).
Balance Sheet
Dividend
What is Roland current dividend yield, its reliability and sustainability?
2.02%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 7944's dividend (2.02%) is higher than the bottom 25% of dividend payers in the JP market (1.21%).
High Dividend: 7944's dividend (2.02%) is low compared to the top 25% of dividend payers in the JP market (2.79%).
Stability and Growth of Payments
Stable Dividend: 7944's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7944's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.5%), 7944's dividend payments are well 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.5yrs
Average management tenure
CEO
Jun-ichi Miki (65 yo)
7.92yrs
Tenure
Mr. Jun-ichi Miki serves as Chief Executive Officer of Roland Corporation since May 2013 and has been its Representative Director since April 2013. Mr. Miki served serves as President of Roland Corporation...
Leadership Team
Experienced Management: 7944's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
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 been diluted in the past year, with total shares outstanding growing by 19.6%.
Top Shareholders
Company Information
Roland Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Roland Corporation
- Ticker: 7944
- Exchange: TSE
- Founded: 1972
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: JP¥124.913b
- Shares outstanding: 27.44m
- Website: https://www.roland.com/jp
Number of Employees
Location
- Roland Corporation
- 2036-1 Nakagawa
- Hosoe-cho
- Hamamatsu
- Shizuoka
- 431-1304
- Japan
Listings
Biography
Roland Corporation manufactures, markets, imports, and exports electronic musical instruments, electronic equipment, and software in Japan. The company offers digital pianos, organs, synthesizers, keyboard...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/17 08:23 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.