TSE:2930

Stock Analysis Report

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Market Cap

JP¥68.2b

Last Updated

2021/06/17 16:47 UTC

Data Sources

Company Financials

Executive Summary

Kitanotatsujin Corporation plans, develops, produces, and sells health foods, cosmetics, and general goods primarily in Japan. More Details

Risk Analysis

High level of non-cash earnings



Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 2930 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 2930's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

3.4%

2930

1.3%

JP Personal Products

0.4%

JP Market


1 Year Return

-15.9%

2930

2.0%

JP Personal Products

22.6%

JP Market

Return vs Industry: 2930 underperformed the JP Personal Products industry which returned 2% over the past year.

Return vs Market: 2930 underperformed the JP Market which returned 22.6% over the past year.


Shareholder returns

2930IndustryMarket
7 Day3.4%1.3%0.4%
30 Day-2.2%5.4%3.6%
90 Day-26.1%-0.7%-2.3%
1 Year-15.5%-15.9%3.3%2.0%25.3%22.6%
3 Year-38.9%-40.0%-15.1%-18.2%20.3%12.1%
5 Year1,251.8%1,194.9%88.8%76.3%78.4%58.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

49.19x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 2930 (¥491) is trading above our estimate of fair value (¥57.83)

Significantly Below Fair Value: 2930 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 2930 is poor value based on its PE Ratio (49.2x) compared to the JP Personal Products industry average (35.8x).

PE vs Market: 2930 is poor value based on its PE Ratio (49.2x) compared to the JP market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2930's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2930 is overvalued based on its PB Ratio (13.2x) compared to the JP Personal Products industry average (3x).


Future Growth

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

17.8%

Forecasted Household 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 Kitanotatsujin 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 Kitanotatsujin performed over the past 5 years?

34.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2930 has a high level of non-cash earnings.

Growing Profit Margin: 2930's current net profit margins (15%) are lower than last year (19.6%).


Past Earnings Growth Analysis

Earnings Trend: 2930's earnings have grown significantly by 34.8% per year over the past 5 years.

Accelerating Growth: 2930's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2930 had negative earnings growth (-29.7%) over the past year, making it difficult to compare to the Personal Products industry average (-17.7%).


Return on Equity

High ROE: 2930's Return on Equity (26.8%) is considered high.


Financial Health

How is Kitanotatsujin's financial position?


Financial Position Analysis

Short Term Liabilities: 2930's short term assets (¥5.9B) exceed its short term liabilities (¥1.0B).

Long Term Liabilities: 2930 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 2930 is debt free.

Reducing Debt: 2930 had no debt 5 years ago.

Debt Coverage: 2930 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2930 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Kitanotatsujin current dividend yield, its reliability and sustainability?

0.61%

Current Dividend Yield


Upcoming Dividend Payment

TodayJun 18 2021Ex Dividend DateAug 30 2021Dividend Pay DateNov 12 202174 days from Ex DividendBuy in the next 73 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 2930's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.31%).

High Dividend: 2930's dividend (0.61%) is low compared to the top 25% of dividend payers in the JP market (2.99%).


Stability and Growth of Payments

Stable Dividend: 2930 is not paying a notable dividend for the JP market, therefore no need to check if payments are stable.

Growing Dividend: 2930 is not paying a notable dividend for the JP market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2930's dividend in 3 years as they are not forecast to pay a notable one for the JP market.


Next Steps

Management

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

12.4yrs

Average management tenure


CEO

Katsuhisa Kinoshita (53 yo)

19.08yrs

Tenure

Mr. Katsuhisa Kinoshita has been President and Representative Director at Kitanotatsujin Corporation (alternate name Kitano Tatsujin Corp.) since May 2002. Mr. Kinoshita served as Chief Operating Officer ...


Leadership Team

Experienced Management: 2930's management team is seasoned and experienced (12.4 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

Kitanotatsujin Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kitanotatsujin Corporation
  • Ticker: 2930
  • Exchange: TSE
  • Founded: 2000
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: JP¥68.233b
  • Shares outstanding: 138.97m
  • Website: https://www.kitanotatsujin.com

Number of Employees


Location

  • Kitanotatsujin Corporation
  • Sapporo Sosei Square
  • 25th Floor
  • Sapporo
  • Hokkaido
  • 060-0001
  • Japan

Listings


Biography

Kitanotatsujin Corporation plans, develops, produces, and sells health foods, cosmetics, and general goods primarily in Japan. It offers health foods and cosmetics under the J North Farm brand, as well as ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/17 16:47
End of Day Share Price2021/06/17 00:00
Earnings2021/02/28
Annual Earnings2021/02/28


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.