2393 Stock Overview
Nippon Care Supply Co., Ltd. engages in the rental and wholesale of welfare equipment in Japan.
Nippon Care Supply Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥1,492.00|
|52 Week High||JP¥1,559.00|
|52 Week Low||JP¥1,342.00|
|1 Month Change||0.81%|
|3 Month Change||-0.53%|
|1 Year Change||-2.80%|
|3 Year Change||14.51%|
|5 Year Change||20.81%|
|Change since IPO||-26.32%|
Recent News & Updates
|2393||JP Healthcare||JP Market|
Return vs Industry: 2393 exceeded the JP Healthcare industry which returned -12.9% over the past year.
Return vs Market: 2393 exceeded the JP Market which returned -10.9% over the past year.
|2393 Average Weekly Movement||1.3%|
|Healthcare Industry Average Movement||3.4%|
|Market Average Movement||3.5%|
|10% most volatile stocks in JP Market||7.4%|
|10% least volatile stocks in JP Market||1.9%|
Stable Share Price: 2393 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: 2393's weekly volatility (1%) has been stable over the past year.
About the Company
Nippon Care Supply Co., Ltd. engages in the rental and wholesale of welfare equipment in Japan. The company’s welfare equipment includes electric beds, wheelchairs, and bathing aids. It also offers nursing care services.
Nippon Care Supply Fundamentals Summary
|2393 fundamental statistics|
Is 2393 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2393 income statement (TTM)|
|Cost of Revenue||JP¥15.04b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 28, 2022
|Earnings per share (EPS)||102.27|
|Net Profit Margin||6.64%|
How did 2393 perform over the long term?See historical performance and comparison
4.7%Current Dividend Yield
Is 2393 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2393?
Other financial metrics that can be useful for relative valuation.
|What is 2393's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 2393's PE Ratio compare to its peers?
|2393 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
9273 Koa Shoji HoldingsLtd
7600 Japan Medical Dynamic Marketing
3154 Medius Holdings
2393 Nippon Care Supply
Price-To-Earnings vs Peers: 2393 is expensive based on its Price-To-Earnings Ratio (14.6x) compared to the peer average (12x).
Price to Earnings Ratio vs Industry
How does 2393's PE Ratio compare vs other companies in the JP Healthcare Industry?
Price-To-Earnings vs Industry: 2393 is expensive based on its Price-To-Earnings Ratio (14.6x) compared to the JP Healthcare industry average (11.6x)
Price to Earnings Ratio vs Fair Ratio
What is 2393's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||14.6x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2393's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 2393 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2393 (¥1492) is trading below our estimate of fair value (¥1724.03)
Significantly Below Fair Value: 2393 is trading below fair value, but not by a significant amount.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Nippon Care Supply forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Nippon Care Supply 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.
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- Examine Nippon Care Supply's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
How has Nippon Care Supply performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2393 has high quality earnings.
Growing Profit Margin: 2393's current net profit margins (6.6%) are lower than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: 2393's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: 2393's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2393 had negative earnings growth (-3.3%) over the past year, making it difficult to compare to the Healthcare industry average (12%).
Return on Equity
High ROE: 2393's Return on Equity (10.7%) is considered low.
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How is Nippon Care Supply's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 2393's short term assets (¥5.8B) exceed its short term liabilities (¥5.0B).
Long Term Liabilities: 2393's short term assets (¥5.8B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 2393 has more cash than its total debt.
Reducing Debt: 2393's debt to equity ratio has reduced from 13.6% to 0.06% over the past 5 years.
Debt Coverage: 2393's debt is well covered by operating cash flow (588.9%).
Interest Coverage: Insufficient data to determine if 2393's interest payments on its debt are well covered by EBIT.
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What is Nippon Care Supply current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Nippon Care Supply Dividend Yield vs Market|
|Company (Nippon Care Supply)||4.7%|
|Market Bottom 25% (JP)||1.7%|
|Market Top 25% (JP)||3.7%|
|Industry Average (Healthcare)||2.3%|
|Analyst forecast in 3 Years (Nippon Care Supply)||n/a|
Notable Dividend: 2393's dividend (4.69%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 2393's dividend (4.69%) is in the top 25% of dividend payers in the JP market (3.73%)
Stability and Growth of Payments
Stable Dividend: 2393's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2393's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.7%), 2393's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2393 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Experienced Board: 2393's board of directors are considered experienced (8.3 years average tenure).
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.
|Owner Type||Number of Shares||Ownership Percentage|
|Employee Share Scheme||147,200||0.9%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Nippon Care Supply Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Nippon Care Supply Co., Ltd.
- Ticker: 2393
- Exchange: TSE
- Founded: 1998
- Industry: Health Care Distributors
- Sector: Healthcare
- Implied Market Cap: JP¥23.120b
- Shares outstanding: 15.54m
- Website: https://www.caresupply.co.jp
Number of Employees
- Nippon Care Supply Co., Ltd.
- Shiba NBF Tower
- 9th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2393||TSE (The Tokyo Stock Exchange)||Yes||Common Stock||JP||JPY||Feb 2004|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/27 00:00|
|End of Day Share Price||2022/09/27 00:00|
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.