T.O. HoldingsLTD (TSE:9812) - Share price, News & Analysis

9812 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	1/6
Dividends	0/6

9812 Stock Overview

Rewards

PE ratio (9.4x) is below the JP market (12.2x)

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Highly volatile share price over the past 3 months

Large one-off items impacting financial results

Does not have a meaningful market cap (¥2B)

T.O. HoldingsLTD Competitors

Price History & Performance

Summary of all time highs, changes and price drops for T.O. HoldingsLTD
Historical stock prices
Current Share Price	JP¥306.00
52 Week High	JP¥884.00
52 Week Low	JP¥222.00
Beta	1.33
1 Month Change	-12.82%
3 Month Change	28.57%
1 Year Change	-10.26%
3 Year Change	-50.24%
5 Year Change	-59.63%
Change since IPO	-89.45%

Shareholder Returns

	9812	JP Diversified Financial	JP Market
7D	-3.8%	0.4%	0.7%
1Y	-10.3%	1.2%	-2.9%

Return vs Industry: 9812 underperformed the JP Diversified Financial industry which returned 1.2% over the past year.

Return vs Market: 9812 underperformed the JP Market which returned -2.9% over the past year.

Price Volatility

Is 9812's price volatile compared to industry and market?
9812 volatility
9812 Average Weekly Movement	15.6%
Diversified Financial Industry Average Movement	4.4%
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: 9812 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: 9812's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

Founded	Employees	CEO	Website
1950	621	Yasumasa Ogasawara	https://www.tohd.co.jp

T.O. Holdings Co.,Ltd., through its subsidiaries, engages in the distribution of clothing, furniture, home appliances, household appliances, mobile phone agency, and credit card business in Japan and internationally. It also offers consumer loans; sells DIY supplies and groceries; sells DVD / CD rentals, books/magazines, etc.; constructs and sells detached houses, condominiums, and residential land; and sells timber and building materials. In addition, the company is involved in the civil engineering, pavement, and construction works, such as buildings and commercial facilities; leasing business of land and buildings, comprising of condominiums, detached houses, offices, warehouses, etc.; automobile sales and automobile repair business; and operation of sports clubs and swimming schools.

T.O. HoldingsLTD Fundamentals Summary

How do T.O. HoldingsLTD's earnings and revenue compare to its market cap?
9812 fundamental statistics
Market Cap	JP¥1.96b
Earnings (TTM)	JP¥208.00m
Revenue (TTM)	JP¥29.62b

9.4x

P/E Ratio

0.1x

P/S Ratio

Is 9812 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
9812 income statement (TTM)
Revenue	JP¥29.62b
Cost of Revenue	JP¥22.81b
Gross Profit	JP¥6.81b
Other Expenses	JP¥6.61b
Earnings	JP¥208.00m

Last Reported Earnings

Feb 28, 2022

Next Earnings Date

Jul 14, 2022

Earnings per share (EPS)	32.46
Gross Margin	23.00%
Net Profit Margin	0.70%
Debt/Equity Ratio	1,576.7%

How did 9812 perform over the long term?

See historical performance and comparison

Valuation

Is T.O. HoldingsLTD undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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

9.43x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 9812's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 9812's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: 9812 is good value based on its PE Ratio (9.4x) compared to the JP Diversified Financial industry average (10.2x).

PE vs Market: 9812 is good value based on its PE Ratio (9.4x) compared to the JP market (12.2x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 9812's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: 9812 is overvalued based on its PB Ratio (2.8x) compared to the JP Diversified Financial industry average (0.8x).

Future Growth

How is T.O. HoldingsLTD 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

7.8%

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 T.O. HoldingsLTD 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 T.O. HoldingsLTD 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

4.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 9812 has a large one-off gain of ¥265.0M impacting its February 28 2022 financial results.

Growing Profit Margin: 9812 became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: 9812 has become profitable over the past 5 years, growing earnings by 4.1% per year.

Accelerating Growth: 9812 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 9812 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (14.4%).

Return on Equity

High ROE: Whilst 9812's Return on Equity (26%) is high, this metric is skewed due to their high level of debt.

Financial Health

How is T.O. HoldingsLTD's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

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

Financial Position Analysis

Short Term Liabilities: 9812's short term assets (¥9.1B) do not cover its short term liabilities (¥13.6B).

Long Term Liabilities: 9812's short term assets (¥9.1B) exceed its long term liabilities (¥6.1B).

Debt to Equity History and Analysis

Debt Level: 9812's net debt to equity ratio (1485%) is considered high.

Reducing Debt: 9812's debt to equity ratio has increased from 388.2% to 1576.7% over the past 5 years.

Debt Coverage: 9812's debt is not well covered by operating cash flow (10.2%).

Interest Coverage: 9812's interest payments on its debt are not well covered by EBIT (1.6x coverage).

Balance Sheet

Dividend

What is T.O. HoldingsLTD current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

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

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 9812's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 9812's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 9812's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 9812's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: 9812 is not paying a notable dividend for the JP market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 9812 has not reported any payouts.

Discover strong dividend paying companies

Management

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

8.8yrs

Average board tenure

CEO

Yasumasa Ogasawara (65 yo)

17.75yrs

Tenure

Mr. Yasumasa Ogasawara has been the Executive President at TO Ogasawara Co., Ltd., since August 2004 and General Supervisor since August 2013 and K.K. T.O. Facilities since June 2005. Mr. Ogasawara served...

Board Members

Experienced Board: 9812's board of directors are considered experienced (8.8 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/21 00:00
End of Day Share Price	2022/05/21 00:00
Earnings	2022/02/28
Annual Earnings	2021/05/31