Mercuria Investment
Market Cap
JP¥13.3b
Last Updated
2021/04/11 08:19 UTC
Data Sources
Company Financials
Executive Summary
Mercuria Investment Co., Ltd. is a private equity firm specializing in growth investments, buyout, succession investment, and value investment strategy. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and slightly overvalued.
Share Price & News
How has Mercuria Investment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 7190 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 7190's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
1.1%
7190
3.5%
JP Capital Markets
-0.5%
JP Market
1 Year Return
42.3%
7190
47.6%
JP Capital Markets
37.5%
JP Market
Return vs Industry: 7190 underperformed the JP Capital Markets industry which returned 46.9% over the past year.
Return vs Market: 7190 exceeded the JP Market which returned 39.2% over the past year.
Shareholder returns
| 7190 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | 3.5% | -0.5% |
| 30 Day | 0.8% | 1.1% | 1.8% |
| 90 Day | 4.9% | 8.6% | 5.2% |
| 1 Year | 46.7%42.3% | 53.7%47.6% | 40.5%37.5% |
| 3 Year | -18.8%-25.4% | 19.2%7.2% | 21.1%12.7% |
| 5 Year | n/a | 66.7%39.8% | 59.5%41.9% |
Long-Term Price Volatility Vs. Market
How volatile is Mercuria Investment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Mercuria Investment undervalued compared to its fair value and its price relative to the market?
34.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 7190 (¥794) is trading below our estimate of fair value (¥1213.95)
Significantly Below Fair Value: 7190 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 7190 is poor value based on its PE Ratio (25.7x) compared to the JP Capital Markets industry average (22.9x).
PE vs Market: 7190 is poor value based on its PE Ratio (25.7x) compared to the JP market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 7190's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 7190 is overvalued based on its PB Ratio (1.1x) compared to the JP Capital Markets industry average (1x).
Future Growth
How is Mercuria Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
2.7%
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 Mercuria Investment 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 Mercuria Investment performed over the past 5 years?
-4.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 7190 has high quality earnings.
Growing Profit Margin: 7190's current net profit margins (8.5%) are lower than last year (26.3%).
Past Earnings Growth Analysis
Earnings Trend: 7190's earnings have declined by 4.9% per year over the past 5 years.
Accelerating Growth: 7190's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 7190 had negative earnings growth (-57.7%) over the past year, making it difficult to compare to the Capital Markets industry average (8.8%).
Return on Equity
High ROE: 7190's Return on Equity (4.6%) is considered low.
Financial Health
How is Mercuria Investment's financial position?
Financial Position Analysis
Short Term Liabilities: 7190's short term assets (¥14.0B) exceed its short term liabilities (¥997.0M).
Long Term Liabilities: 7190's short term assets (¥14.0B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 7190's debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7190's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7190's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7190 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Mercuria Investment current dividend yield, its reliability and sustainability?
2.52%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 7190's dividend (2.52%) is higher than the bottom 25% of dividend payers in the JP market (1.2%).
High Dividend: 7190's dividend (2.52%) is low compared to the top 25% of dividend payers in the JP market (2.78%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 7190 has been paying a dividend for less than 10 years.
Growing Dividend: 7190's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.7%), 7190's dividend payments are 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?
10.3yrs
Average management tenure
CEO
Toshihiro Toyoshima (58 yo)
no data
Tenure
Mr. Toshihiro Toyoshima has been the Chief Executive Officer and President of Mercuria Investment Co., Ltd. (formerly known as AD Capital Co., Ltd.) since October 2008. Prior to that, Mr. Toyoshima served ...
Leadership Team
Experienced Management: 7190's management team is seasoned and experienced (10.3 years average tenure).
Board Members
Experienced Board: 7190's board of directors are seasoned and experienced ( 12.5 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
Mercuria Investment Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mercuria Investment Co., Ltd.
- Ticker: 7190
- Exchange: TSE
- Founded: 2005
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: JP¥13.340b
- Shares outstanding: 16.80m
- Website: https://www.mercuria.jp
Number of Employees
Location
- Mercuria Investment Co., Ltd.
- 1-3-3, Uchisaiwaicho
- Chiyoda-ku
- Tokyo
- 100-0011
- Japan
Listings
Biography
Mercuria Investment Co., Ltd. is a private equity firm specializing in growth investments, buyout, succession investment, and value investment strategy. It also invests in real estate. The firm seeks to in...
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 | 2020/12/31 |
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.