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Market Cap

JP¥5.0b

Last Updated

2021/05/09 14:41 UTC

Data Sources

Company Financials

Executive Summary

Maruhachi Securities Co., Ltd. provides investment and financial services in Japan. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 8700 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 8700's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

0.2%

8700

1.1%

JP Capital Markets

1.6%

JP Market


1 Year Return

54.5%

8700

38.9%

JP Capital Markets

31.6%

JP Market

Return vs Industry: 8700 exceeded the JP Capital Markets industry which returned 38.9% over the past year.

Return vs Market: 8700 exceeded the JP Market which returned 31.6% over the past year.


Shareholder returns

8700IndustryMarket
7 Day0.2%1.1%1.6%
30 Day2.5%-0.6%-1.1%
90 Day23.6%6.8%1.7%
1 Year60.5%54.5%45.2%38.9%34.5%31.6%
3 Year6.9%-5.0%12.4%0.5%15.1%7.2%
5 Year23.2%4.6%65.0%37.1%61.1%43.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

27.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 8700 (¥1245) is trading below our estimate of fair value (¥1726.74)

Significantly Below Fair Value: 8700 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8700 is good value based on its PE Ratio (12x) compared to the JP Capital Markets industry average (14.7x).

PE vs Market: 8700 is good value based on its PE Ratio (12x) compared to the JP market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8700's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8700 is good value based on its PB Ratio (0.7x) compared to the JP Capital Markets industry average (1x).


Future Growth

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

4.2%

Forecasted Diversified Financials 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 Maruhachi Securities 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 Maruhachi Securities performed over the past 5 years?

23.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8700 has a high level of non-cash earnings.

Growing Profit Margin: 8700's current net profit margins (13.6%) are higher than last year (6.8%).


Past Earnings Growth Analysis

Earnings Trend: 8700's earnings have grown significantly by 23.6% per year over the past 5 years.

Accelerating Growth: 8700's earnings growth over the past year (153.4%) exceeds its 5-year average (23.6% per year).

Earnings vs Industry: 8700 earnings growth over the past year (153.4%) exceeded the Capital Markets industry 43.7%.


Return on Equity

High ROE: 8700's Return on Equity (5.6%) is considered low.


Financial Health

How is Maruhachi Securities's financial position?


Financial Position Analysis

Short Term Liabilities: 8700's short term assets (¥9.1B) exceed its short term liabilities (¥2.6B).

Long Term Liabilities: 8700's short term assets (¥9.1B) exceed its long term liabilities (¥16.0M).


Debt to Equity History and Analysis

Debt Level: 8700 is debt free.

Reducing Debt: 8700 has no debt compared to 5 years ago when its debt to equity ratio was 1.5%.

Debt Coverage: 8700 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8700 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Maruhachi Securities's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8700's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8700'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 8700's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8700's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 8700 is not paying a notable dividend for the JP market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8700'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?

5.9yrs

Average management tenure


CEO

Yasunori Satono (66 yo)

6.92yrs

Tenure

Mr. Yasunori Satono has been President at Maruhachi Securities Co., Ltd. since June 2014 and served as its Senior Managing Executive Officer and Chief of Mikawa Block since February 2009 and its Assistant ...


Leadership Team

Experienced Management: 8700's management team is seasoned and experienced (5.9 years average tenure).


Board Members

Experienced Board: 8700's board of directors are considered experienced (6.9 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

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


Key Information

  • Name: Maruhachi Securities Co., Ltd.
  • Ticker: 8700
  • Exchange: JASDAQ
  • Founded: 1944
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: JP¥5.032b
  • Shares outstanding: 4.04m
  • Website: https://www.maruhachi-sec.co.jp

Number of Employees


Location

  • Maruhachi Securities Co., Ltd.
  • 2-4 Shinsakaeimachi
  • Naka-ku
  • Nagoya
  • Aichi
  • 460-0004
  • Japan

Listings


Biography

Maruhachi Securities Co., Ltd. provides investment and financial services in Japan. The company is involved in the shares, stock, REIT, bonds, and commodities businesses. It also offers investment trust se...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/09 14:41
End of Day Share Price2021/05/07 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.