Japan Securities Finance
Market Cap
JP¥73.4b
Last Updated
2021/04/17 08:15 UTC
Data Sources
Company Financials
Executive Summary
Japan Securities Finance Co., Ltd., together with its subsidiaries, engages in securities finance, trust banking, and real estate leasing businesses in Japan. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with mediocre balance sheet.
Share Price & News
How has Japan Securities Finance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8511 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 8511's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-1.4%
8511
0.2%
JP Diversified Financial
0.1%
JP Market
1 Year Return
62.3%
8511
38.5%
JP Diversified Financial
37.4%
JP Market
Return vs Industry: 8511 exceeded the JP Diversified Financial industry which returned 38.5% over the past year.
Return vs Market: 8511 exceeded the JP Market which returned 37.4% over the past year.
Shareholder returns
| 8511 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | 0.2% | 0.1% |
| 30 Day | 12.2% | -2.4% | -1.2% |
| 90 Day | 52.7% | 1.4% | 5.7% |
| 1 Year | 68.4%62.3% | 43.3%38.5% | 40.3%37.4% |
| 3 Year | 33.3%19.0% | 11.0%-0.06% | 21.3%12.9% |
| 5 Year | 109.5%73.5% | 36.7%16.1% | 57.3%40.0% |
Long-Term Price Volatility Vs. Market
How volatile is Japan Securities Finance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Japan Securities Finance undervalued compared to its fair value and its price relative to the market?
19.34x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 8511 (¥800) is trading above our estimate of fair value (¥325.84)
Significantly Below Fair Value: 8511 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 8511 is poor value based on its PE Ratio (19.3x) compared to the JP Diversified Financial industry average (15.6x).
PE vs Market: 8511 is poor value based on its PE Ratio (19.3x) compared to the JP market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8511's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8511 is good value based on its PB Ratio (0.6x) compared to the JP Diversified Financial industry average (1.1x).
Future Growth
How is Japan Securities Finance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.8%
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 Japan Securities Finance 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 Japan Securities Finance performed over the past 5 years?
6.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8511 has high quality earnings.
Growing Profit Margin: 8511's current net profit margins (12.7%) are lower than last year (13%).
Past Earnings Growth Analysis
Earnings Trend: 8511's earnings have grown by 6% per year over the past 5 years.
Accelerating Growth: 8511's earnings growth over the past year (10.5%) exceeds its 5-year average (6% per year).
Earnings vs Industry: 8511 earnings growth over the past year (10.5%) exceeded the Diversified Financial industry -10.2%.
Return on Equity
High ROE: 8511's Return on Equity (2.9%) is considered low.
Financial Health
How is Japan Securities Finance's financial position?
Financial Position Analysis
Short Term Liabilities: 8511's short term assets (¥9,258.5B) do not cover its short term liabilities (¥9,995.7B).
Long Term Liabilities: 8511's short term assets (¥9,258.5B) exceed its long term liabilities (¥34.1B).
Debt to Equity History and Analysis
Debt Level: 8511's debt to equity ratio (1223.8%) is considered high.
Reducing Debt: 8511's debt to equity ratio has reduced from 1631.1% to 1223.8% over the past 5 years.
Debt Coverage: 8511's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8511 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Japan Securities Finance current dividend yield, its reliability and sustainability?
2.75%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8511's dividend (2.75%) is higher than the bottom 25% of dividend payers in the JP market (1.21%).
High Dividend: 8511's dividend (2.75%) is low compared to the top 25% of dividend payers in the JP market (2.79%).
Stability and Growth of Payments
Stable Dividend: 8511's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8511's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.2%), 8511'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?
1.8yrs
Average management tenure
CEO
Eizo Kobayashi (72 yo)
8.83yrs
Tenure
Mr. Eizo Kobayashi has been Chairperson of Japan Securities Finance Co., Ltd. since 2019. He had been the President of Japan Securities Finance Co., Ltd. since June 2012 until 2019. Mr. Kobayashi served as...
Leadership Team
Experienced Management: 8511's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: 8511's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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
Japan Securities Finance Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Japan Securities Finance Co., Ltd.
- Ticker: 8511
- Exchange: TSE
- Founded: 1927
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: JP¥73.445b
- Shares outstanding: 91.75m
- Website: https://www.jsf.co.jp
Number of Employees
Location
- Japan Securities Finance Co., Ltd.
- 1-2-10 Nihonbashi-Kayabacho
- Chuo-ku
- Tokyo
- 103-0025
- Japan
Listings
Biography
Japan Securities Finance Co., Ltd., together with its subsidiaries, engages in securities finance, trust banking, and real estate leasing businesses in Japan. The company offers loans for margin transactio...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/17 08:15 |
| End of Day Share Price | 2021/04/16 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.