Money Partners GroupLtd (TSE:8732) - Share price, News & Analysis

8732 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	3/6

8732 Stock Overview

Money Partners Group Co.,Ltd., through its subsidiaries, provides foreign exchange trading and financial system development services in Japan.

Rewards

PE ratio (10.1x) is below the JP market (12.1x)

Became profitable this year

Risk Analysis

Earnings have declined by 39.4% per year over past 5 years

Dividend of 3.21% is not well covered by earnings

Does not have a meaningful market cap (¥7B)

Money Partners GroupLtd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Money Partners GroupLtd
Historical stock prices
Current Share Price	JP¥234.00
52 Week High	JP¥303.00
52 Week Low	JP¥190.00
Beta	0.69
1 Month Change	-13.65%
3 Month Change	-0.43%
1 Year Change	-4.10%
3 Year Change	-20.14%
5 Year Change	-55.09%
Change since IPO	-80.39%

Shareholder Returns

	8732	JP Diversified Financial	JP Market
7D	-1.7%	-1.5%	-0.02%
1Y	-4.1%	0.5%	-3.6%

Return vs Industry: 8732 underperformed the JP Diversified Financial industry which returned 3.3% over the past year.

Return vs Market: 8732 underperformed the JP Market which returned -2.5% over the past year.

Price Volatility

Is 8732's price volatile compared to industry and market?
8732 volatility
8732 Average Weekly Movement	4.6%
Diversified Financial Industry Average Movement	4.3%
Market Average Movement	4.6%
10% most volatile stocks in JP Market	9.1%
10% least volatile stocks in JP Market	2.5%

Stable Share Price: 8732 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 8732's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2005	131	Hideji Fukushima	https://www.moneypartners-group.co.jp

Money Partners Group Co.,Ltd., through its subsidiaries, provides foreign exchange trading and financial system development services in Japan. The company engages in the financial instruments business; and provision of financial system design and development, maintenance and operation, and service desk management services. It provides its services to individual investors, as well as to other financial institutions placing foreign exchange margin trading business.

Money Partners GroupLtd Fundamentals Summary

How do Money Partners GroupLtd's earnings and revenue compare to its market cap?
8732 fundamental statistics
Market Cap	JP¥7.46b
Earnings (TTM)	JP¥736.00m
Revenue (TTM)	JP¥5.32b

10.1x

P/E Ratio

1.4x

P/S Ratio

Is 8732 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
8732 income statement (TTM)
Revenue	JP¥5.32b
Cost of Revenue	JP¥292.00m
Gross Profit	JP¥5.03b
Other Expenses	JP¥4.30b
Earnings	JP¥736.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	23.09
Gross Margin	94.51%
Net Profit Margin	13.83%
Debt/Equity Ratio	25.3%

How did 8732 perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

16%

Payout Ratio

Valuation

Is Money Partners GroupLtd undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

10.13x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 8732 (¥234) is trading above our estimate of fair value (¥80.63)

Significantly Below Fair Value: 8732 is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: 8732 is good value based on its PE Ratio (10.1x) compared to the JP Diversified Financial industry average (10.4x).

PE vs Market: 8732 is good value based on its PE Ratio (10.1x) compared to the JP market (12.1x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8732's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: 8732 is good value based on its PB Ratio (0.6x) compared to the JP Diversified Financial industry average (0.8x).

Future Growth

How is Money Partners GroupLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

6.7%

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 Money Partners GroupLtd 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 Money Partners GroupLtd performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-39.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 8732 has high quality earnings.

Growing Profit Margin: 8732 became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: 8732's earnings have declined by 39.4% per year over the past 5 years.

Accelerating Growth: 8732 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 8732 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (12.2%).

Return on Equity

High ROE: 8732's Return on Equity (5.7%) is considered low.

Financial Health

How is Money Partners GroupLtd's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: 8732's short term assets (¥76.4B) exceed its short term liabilities (¥64.1B).

Long Term Liabilities: 8732's short term assets (¥76.4B) exceed its long term liabilities (¥1.3B).

Debt to Equity History and Analysis

Debt Level: 8732 has more cash than its total debt.

Reducing Debt: 8732's debt to equity ratio has increased from 8% to 25.3% over the past 5 years.

Debt Coverage: 8732's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 8732 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Money Partners GroupLtd current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

3.21%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 8732's dividend (3.21%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).

High Dividend: 8732's dividend (3.21%) is low compared to the top 25% of dividend payers in the JP market (3.61%).

Stability and Growth of Payments

Stable Dividend: 8732's dividend payments have been volatile in the past 10 years.

Growing Dividend: 8732's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.2%), 8732's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: 8732 is paying a dividend but the company has no free cash flows.

Next Steps

Explore strong dividend paying companies in the Diversified Financials industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

10.9yrs

Average management tenure

CEO

Hideji Fukushima (67 yo)

1.5yrs

Tenure

Mr. Hideji Fukushima has been President, CEO and Representative Director of Money Partners Group Co.,Ltd. since November 2020. Mr. Fukushima served as a Director of Money Partners Group Co.,Ltd.since June...

Leadership Team

Experienced Management: 8732's management team is seasoned and experienced (10.9 years average tenure).

Board Members

Experienced Board: 8732's board of directors are not considered experienced ( 2.9 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/16 00:00
End of Day Share Price	2022/05/16 00:00
Earnings	2022/03/31
Annual Earnings	2022/03/31