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Market Cap

JP¥57.3b

Last Updated

2021/04/11 08:30 UTC

Data Sources

Company Financials +

Executive Summary

Financial Products Group Co., Ltd. provides various financial services in Japan. More Details


Snowflake Analysis

Adequate balance sheet with reasonable growth potential.

Share Price & News

How has Financial Products Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 7148 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 7148's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.


Market Performance


7 Day Return

-5.6%

7148

0.4%

JP Diversified Financial

-0.5%

JP Market


1 Year Return

25.0%

7148

35.3%

JP Diversified Financial

37.5%

JP Market

Return vs Industry: 7148 underperformed the JP Diversified Financial industry which returned 37% over the past year.

Return vs Market: 7148 underperformed the JP Market which returned 39.2% over the past year.


Shareholder returns

7148IndustryMarket
7 Day-5.6%0.4%-0.5%
30 Day4.5%-0.6%1.8%
90 Day32.1%2.2%5.2%
1 Year27.5%25.0%40.1%35.3%40.5%37.5%
3 Year-44.4%-50.2%11.7%0.5%21.1%12.7%
5 Year-41.2%-51.0%40.8%19.6%59.5%41.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Financial Products Group undervalued compared to its fair value and its price relative to the market?

37.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 7148 (¥671) is trading below our estimate of fair value (¥1078.06)

Significantly Below Fair Value: 7148 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 7148 is poor value based on its PE Ratio (169.6x) compared to the JP Diversified Financial industry average (15.4x).

PE vs Market: 7148 is poor value based on its PE Ratio (169.6x) compared to the JP market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: 7148 is poor value based on its PEG Ratio (3.7x)


Price to Book Ratio

PB vs Industry: 7148 is overvalued based on its PB Ratio (2.2x) compared to the JP Diversified Financial industry average (1x).


Future Growth

How is Financial Products Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

45.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 7148's forecast earnings growth (45.8% per year) is above the savings rate (0%).

Earnings vs Market: 7148's earnings (45.8% per year) are forecast to grow faster than the JP market (16.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 7148's revenue (11.9% per year) is forecast to grow faster than the JP market (5.7% per year).

High Growth Revenue: 7148's revenue (11.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 7148's Return on Equity is forecast to be low in 3 years time (14.3%).


Past Performance

How has Financial Products Group performed over the past 5 years?

-7.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 7148 has a large one-off loss of ¥270.0M impacting its December 31 2020 financial results.

Growing Profit Margin: 7148's current net profit margins (2.7%) are lower than last year (38.6%).


Past Earnings Growth Analysis

Earnings Trend: 7148's earnings have declined by 7.7% per year over the past 5 years.

Accelerating Growth: 7148's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 7148 had negative earnings growth (-96.7%) over the past year, making it difficult to compare to the Diversified Financial industry average (-10.2%).


Return on Equity

High ROE: 7148's Return on Equity (1.2%) is considered low.


Financial Health

How is Financial Products Group's financial position?


Financial Position Analysis

Short Term Liabilities: 7148's short term assets (¥114.6B) exceed its short term liabilities (¥73.5B).

Long Term Liabilities: 7148's short term assets (¥114.6B) exceed its long term liabilities (¥21.0B).


Debt to Equity History and Analysis

Debt Level: 7148's debt to equity ratio (318.3%) is considered high.

Reducing Debt: 7148's debt to equity ratio has reduced from 373.2% to 318.3% over the past 5 years.

Debt Coverage: 7148's debt is not well covered by operating cash flow (14.3%).

Interest Coverage: 7148 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Financial Products Group current dividend yield, its reliability and sustainability?

2.46%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 7148's dividend (2.46%) is higher than the bottom 25% of dividend payers in the JP market (1.2%).

High Dividend: 7148's dividend (2.46%) is low compared to the top 25% of dividend payers in the JP market (2.78%).


Stability and Growth of Payments

Stable Dividend: 7148's dividend payments have been volatile in the past 10 years.

Growing Dividend: 7148's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (290.7%), 7148's dividend payments are not 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?

2.3yrs

Average management tenure


CEO

Hisanaga Tanimura (61 yo)

8.33yrs

Tenure

Mr. Hisanaga Tanimura founded Financial Products Group Co., Ltd. in November 2001 and has been its Chief Executive Officer since December 2012. Mr. Tanimura served as President of Financial Products Group ...


Leadership Team

Experienced Management: 7148's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: 7148's board of directors are considered experienced (7.3 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

Financial Products Group Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Financial Products Group Co., Ltd.
  • Ticker: 7148
  • Exchange: TSE
  • Founded: 2001
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Market Cap: JP¥57.272b
  • Shares outstanding: 85.35m
  • Website: https://www.fpg.jp

Number of Employees


Location

  • Financial Products Group Co., Ltd.
  • JP Tower
  • 29th Floor
  • Tokyo
  • 100-7029
  • Japan

Listings


Biography

Financial Products Group Co., Ltd. provides various financial services in Japan. The company is involved in the lease arrangement business for ships, marine transport containers, and aircraft. It also offe...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 08:30
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/09/30


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.