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Market Cap

JP¥240.2b

Last Updated

2021/04/17 08:20 UTC

Data Sources

Company Financials

Executive Summary

Matsui Securities Co., Ltd. provides online securities brokerage services to retail investors in Japan. More Details


Snowflake Analysis

Acceptable track record with mediocre balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 8628 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 8628's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.3%

8628

0.06%

JP Capital Markets

0.1%

JP Market


1 Year Return

17.3%

8628

51.2%

JP Capital Markets

37.4%

JP Market

Return vs Industry: 8628 underperformed the JP Capital Markets industry which returned 51.2% over the past year.

Return vs Market: 8628 underperformed the JP Market which returned 37.4% over the past year.


Shareholder returns

8628IndustryMarket
7 Day0.3%0.06%0.1%
30 Day-1.1%-1.5%-1.2%
90 Day12.9%8.6%5.7%
1 Year22.4%17.3%57.3%51.2%40.3%37.4%
3 Year8.3%-8.2%19.1%7.1%21.3%12.9%
5 Year21.0%-5.8%56.8%31.5%57.3%40.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

25.33x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 8628 (¥935) is trading above our estimate of fair value (¥471.75)

Significantly Below Fair Value: 8628 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 8628 is poor value based on its PE Ratio (25.3x) compared to the JP Capital Markets industry average (21.8x).

PE vs Market: 8628 is poor value based on its PE Ratio (25.3x) compared to the JP market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8628's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8628 is overvalued based on its PB Ratio (3.1x) compared to the JP Capital Markets industry average (1x).


Future Growth

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

3.3%

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 Matsui 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 Matsui Securities performed over the past 5 years?

35.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 8628 has high quality earnings.

Growing Profit Margin: 8628's current net profit margins (34.4%) are higher than last year (29%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 8628's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 8628's past year earnings growth to its 5-year average.

Earnings vs Industry: 8628 earnings growth over the past year (35.9%) exceeded the Capital Markets industry 6.4%.


Return on Equity

High ROE: 8628's Return on Equity (12.4%) is considered low.


Financial Health

How is Matsui Securities's financial position?


Financial Position Analysis

Short Term Liabilities: 8628's short term assets (¥861.1B) exceed its short term liabilities (¥792.7B).

Long Term Liabilities: 8628's short term assets (¥861.1B) exceed its long term liabilities (¥3.1B).


Debt to Equity History and Analysis

Debt Level: 8628's debt to equity ratio (212.7%) is considered high.

Reducing Debt: Insufficient data to determine if 8628's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 8628's debt is well covered by operating cash flow (36.9%).

Interest Coverage: Insufficient data to determine if 8628's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

4.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 8628's dividend (4.28%) is higher than the bottom 25% of dividend payers in the JP market (1.21%).

High Dividend: 8628's dividend (4.28%) is in the top 25% of dividend payers in the JP market (2.79%)


Stability and Growth of Payments

Stable Dividend: 8628's dividend payments have been volatile in the past 10 years.

Growing Dividend: 8628's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (115.1%), 8628'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?

2.0yrs

Average management tenure


CEO

Akira Warita (49 yo)

1.25yrs

Tenure

Mr. Akira Warita serves as President and Chief Executive Officer at Matsui Securities Co., Ltd. since 2020. He joined Matsui Securities Co., Ltd. in April 2006. He has been a Director of Matsui Securities ...


Leadership Team

Experienced Management: 8628's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: 8628's board of directors are considered experienced (4.8 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

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


Key Information

  • Name: Matsui Securities Co., Ltd.
  • Ticker: 8628
  • Exchange: TSE
  • Founded: 1918
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: JP¥240.215b
  • Shares outstanding: 256.95m
  • Website: https://www.matsui.co.jp

Number of Employees


Location

  • Matsui Securities Co., Ltd.
  • 1-4, Kojimachi
  • Chiyoda-ku
  • Tokyo
  • 102-8516
  • Japan

Listings


Biography

Matsui Securities Co., Ltd. provides online securities brokerage services to retail investors in Japan. It offers brokerage services of stocks, futures, and options; services for underwriting, offering, an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/17 08:20
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.