company background image
2373

Care TwentyoneJASDAQ:2373 Stock Report

Market Cap

JP¥10.5b

7D

-9.2%

1Y

-3.0%

Updated

30 Nov, 2021

Data

Company Financials
2373 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends4/6

2373 Stock Overview

Care Twentyone Corporation provides nursing care services in Japan.

Price History & Performance

Summary of all time highs, changes and price drops for Care Twentyone
Historical stock prices
Current Share PriceJP¥785.00
52 Week HighJP¥1,221.67
52 Week LowJP¥698.00
Beta0.90
1 Month Change-11.70%
3 Month Change-12.78%
1 Year Change-3.01%
3 Year Change92.88%
5 Year Change93.43%
Change since IPO140.92%

Recent News & Updates

May 08
Is Care Twentyone Corporation (TYO:2373) A Smart Pick For Income Investors?

Is Care Twentyone Corporation (TYO:2373) A Smart Pick For Income Investors?

Is Care Twentyone Corporation ( TYO:2373 ) a good dividend stock? How can we tell? Dividend paying companies with...

Mar 28
Is Care Twentyone (TYO:2373) A Risky Investment?

Is Care Twentyone (TYO:2373) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Shareholder Returns

2373JP HealthcareJP Market
7D-9.2%-2.4%-4.6%
1Y-3.0%-4.9%8.9%

Return vs Industry: 2373 exceeded the JP Healthcare industry which returned -4.9% over the past year.

Return vs Market: 2373 underperformed the JP Market which returned 8.9% over the past year.

Price Volatility

Is 2373's price volatile compared to industry and market?
2373 volatility
2373 Average Weekly Movement3.4%
Healthcare Industry Average Movement4.3%
Market Average Movement4.0%
10% most volatile stocks in JP Market8.0%
10% least volatile stocks in JP Market2.2%

Stable Share Price: 2373 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 2373's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19935,011Taira Yodahttps://www.care21.co.jp

Care Twentyone Corporation provides nursing care services in Japan. The company offers visiting nursing, home nursing, home care support, and day care services. It also sells and rents welfare equipment; provides housing repair, light work contracting, education, temporary staffing, food service/food distribution dining, medical support, disability support, school lunch, childcare, and bus services; develops real estate; and offers marriage consultation brokerage services.

Care Twentyone Fundamentals Summary

How do Care Twentyone's earnings and revenue compare to its market cap?
2373 fundamental statistics
Market CapJP¥10.50b
Earnings (TTM)JP¥761.00m
Revenue (TTM)JP¥35.83b

0.0x

P/E Ratio

0.0x

P/S Ratio

Is 2373 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
2373 income statement (TTM)
RevenueJP¥35.83b
Cost of RevenueJP¥27.44b
Gross ProfitJP¥8.39b
ExpensesJP¥7.62b
EarningsJP¥761.00m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

Dec 10, 2021

Earnings per share (EPS)0
Gross Margin23.40%
Net Profit Margin2.12%
Debt/Equity Ratio88.8%

How did 2373 perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

29%

Payout Ratio

Valuation

Is Care Twentyone undervalued compared to its fair value and its price relative to the market?

48.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 2373 (¥785) is trading below our estimate of fair value (¥1509.27)

Significantly Below Fair Value: 2373 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate 2373's PE Ratio to determine if it is good value compared to the JP Healthcare industry average.

PE vs Market: Insufficient data to calculate 2373's PE Ratio to determine if it is good value compared to the JP market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2373's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: Insufficient data to calculate 2373's PB Ratio to determine if it is good value.


Future Growth

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

7.2%

Forecasted Healthcare 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 Care Twentyone 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 Care Twentyone performed over the past 5 years?

30.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2373 has high quality earnings.

Growing Profit Margin: 2373's current net profit margins (2.1%) are higher than last year (1.7%).


Past Earnings Growth Analysis

Earnings Trend: 2373's earnings have grown significantly by 30.5% per year over the past 5 years.

Accelerating Growth: 2373's earnings growth over the past year (36.1%) exceeds its 5-year average (30.5% per year).

Earnings vs Industry: 2373 earnings growth over the past year (36.1%) exceeded the Healthcare industry 26.5%.


Return on Equity

High ROE: 2373's Return on Equity (13.7%) is considered low.


Financial Health

How is Care Twentyone's financial position?


Financial Position Analysis

Short Term Liabilities: 2373's short term assets (¥9.6B) exceed its short term liabilities (¥8.9B).

Long Term Liabilities: 2373's short term assets (¥9.6B) do not cover its long term liabilities (¥21.9B).


Debt to Equity History and Analysis

Debt Level: 2373's net debt to equity ratio (41.1%) is considered high.

Reducing Debt: 2373's debt to equity ratio has reduced from 96.9% to 88.8% over the past 5 years.

Debt Coverage: 2373's debt is well covered by operating cash flow (46.9%).

Interest Coverage: 2373's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Dividend

What is Care Twentyone current dividend yield, its reliability and sustainability?

2.55%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2373's dividend (2.55%) is higher than the bottom 25% of dividend payers in the JP market (1.41%).

High Dividend: 2373's dividend (2.55%) is low compared to the top 25% of dividend payers in the JP market (3.33%).


Stability and Growth of Payments

Stable Dividend: 2373's dividends per share have been stable in the past 10 years.

Growing Dividend: 2373's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.5%), 2373's dividend payments are 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?

14.3yrs

Average board tenure


CEO

Taira Yoda (69 yo)

28yrs

Tenure

Mr. Taira Yoda has been the President of Care Twentyone Corp. since May 2006 and served as its General Manager of Living Environment & Medical Care Business Division and Manager of Living Environment Busin...


Board Members

Experienced Board: 2373's board of directors are seasoned and experienced ( 14.3 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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Care Twentyone Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Care Twentyone Corporation
  • Ticker: 2373
  • Exchange: JASDAQ
  • Founded: 1993
  • Industry: Health Care Services
  • Sector: Healthcare
  • Market Cap: JP¥10.500b
  • Shares outstanding: 13.46m
  • Website: https://www.care21.co.jp

Number of Employees


Location

  • Care Twentyone Corporation
  • Kintetsu Dojima Building
  • 10th Floor
  • Osaka
  • 530-0003
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 09:17
End of Day Share Price2021/11/30 00:00
Earnings2021/07/31
Annual Earnings2020/10/31


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.