company background image
5194

Sagami Rubber Industries TSE:5194 Stock Report

Last Price

JP¥750.00

Market Cap

JP¥8.1b

7D

1.8%

1Y

-26.8%

Updated

26 Jun, 2022

Data

Company Financials +
5194 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health3/6
Dividends3/6

5194 Stock Overview

Sagami Rubber Industries Co., Ltd. primarily manufactures and supplies condoms.

Sagami Rubber Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sagami Rubber Industries
Historical stock prices
Current Share PriceJP¥750.00
52 Week HighJP¥1,174.00
52 Week LowJP¥722.00
Beta0.81
1 Month Change0.54%
3 Month Change-1.96%
1 Year Change-26.83%
3 Year Change-57.14%
5 Year Change-48.84%
Change since IPO-33.04%

Recent News & Updates

Shareholder Returns

5194JP Personal ProductsJP Market
7D1.8%7.7%1.9%
1Y-26.8%-25.7%-6.2%

Return vs Industry: 5194 underperformed the JP Personal Products industry which returned -25.7% over the past year.

Return vs Market: 5194 underperformed the JP Market which returned -6.2% over the past year.

Price Volatility

Is 5194's price volatile compared to industry and market?
5194 volatility
5194 Average Weekly Movement4.5%
Personal Products Industry Average Movement4.7%
Market Average Movement4.2%
10% most volatile stocks in JP Market8.5%
10% least volatile stocks in JP Market2.3%

Stable Share Price: 5194 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 5194's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1934871Ichiro Oatohttps://www.sagami-gomu.co.jp

Sagami Rubber Industries Co., Ltd. primarily manufactures and supplies condoms. The company offers polyurethane and latex condoms, external catheters, and probe covers; plastic films; and healthcare products and services. It sells its products in Japan, France, Switzerland, Italy, Portugal, Spain, Finland, Norway, Sweden, Korea, Vietnam, Mexico, and the United States.

Sagami Rubber Industries Fundamentals Summary

How do Sagami Rubber Industries's earnings and revenue compare to its market cap?
5194 fundamental statistics
Market CapJP¥8.14b
Earnings (TTM)JP¥1.10b
Revenue (TTM)JP¥5.41b

7.4x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
5194 income statement (TTM)
RevenueJP¥5.41b
Cost of RevenueJP¥3.18b
Gross ProfitJP¥2.24b
Other ExpensesJP¥1.14b
EarningsJP¥1.10b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)101.04
Gross Margin41.36%
Net Profit Margin20.26%
Debt/Equity Ratio72.8%

How did 5194 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

10%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 5194 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 5194?

Other financial metrics that can be useful for relative valuation.

5194 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.5x
Enterprise Value/EBITDA8.4x
PEG Ratio-0.3x

Price to Earnings Ratio vs Peers

How does 5194's PE Ratio compare to its peers?

5194 PE Ratio vs Peers
The above table shows the PE ratio for 5194 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average56.4x
4929 Adjuvant HoldingsLtd
20.2xn/aJP¥8.0b
4524 Morishita Jintan
27.1xn/aJP¥7.7b
4926 C'bon CosmeticsLtd
163.9xn/aJP¥7.2b
2385 Soiken Holdings
14.2x6.1%JP¥8.9b
5194 Sagami Rubber Industries
7.4x-23.1%JP¥8.1b

Price-To-Earnings vs Peers: 5194 is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (56.4x).


Price to Earnings Ratio vs Industry

How does 5194's PE Ratio compare vs other companies in the JP Personal Products Industry?

Price-To-Earnings vs Industry: 5194 is good value based on its Price-To-Earnings Ratio (7.4x) compared to the JP Personal Products industry average (21x)


Price to Earnings Ratio vs Fair Ratio

What is 5194'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.

5194 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.4x
Fair PE Ratio7.5x

Price-To-Earnings vs Fair Ratio: 5194 is good value based on its Price-To-Earnings Ratio (7.4x) compared to the estimated Fair Price-To-Earnings Ratio (7.5x).


Share Price vs Fair Value

What is the Fair Price of 5194 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5194 (¥750) is trading above our estimate of fair value (¥179.83)

Significantly Below Fair Value: 5194 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: 5194's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Discover undervalued companies

Future Growth

How is Sagami Rubber Industries forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-23.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5194's earnings are forecast to decline over the next 3 years (-23.1% per year).

Earnings vs Market: 5194's earnings are forecast to decline over the next 3 years (-23.1% per year).

High Growth Earnings: 5194's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 5194's revenue (4.8% per year) is forecast to grow faster than the JP market (4.4% per year).

High Growth Revenue: 5194's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 5194's Return on Equity is forecast to be low in 3 years time (6%).


Discover growth companies

Past Performance

How has Sagami Rubber Industries performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-6.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 5194 has high quality earnings.

Growing Profit Margin: 5194's current net profit margins (20.3%) are higher than last year (10.7%).


Past Earnings Growth Analysis

Earnings Trend: 5194's earnings have declined by 6.6% per year over the past 5 years.

Accelerating Growth: 5194's earnings growth over the past year (83.4%) exceeds its 5-year average (-6.6% per year).

Earnings vs Industry: 5194 earnings growth over the past year (83.4%) exceeded the Personal Products industry 26.8%.


Return on Equity

High ROE: 5194's Return on Equity (12.4%) is considered low.


Discover strong past performing companies

Financial Health

How is Sagami Rubber Industries's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 5194's short term assets (¥5.6B) do not cover its short term liabilities (¥6.4B).

Long Term Liabilities: 5194's short term assets (¥5.6B) exceed its long term liabilities (¥1.7B).


Debt to Equity History and Analysis

Debt Level: 5194's net debt to equity ratio (55.7%) is considered high.

Reducing Debt: 5194's debt to equity ratio has reduced from 73.5% to 72.8% over the past 5 years.

Debt Coverage: 5194's debt is not well covered by operating cash flow (13.9%).

Interest Coverage: 5194's interest payments on its debt are well covered by EBIT (49.5x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Sagami Rubber Industries's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.33%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 5194's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.68%).

High Dividend: 5194's dividend (1.33%) is low compared to the top 25% of dividend payers in the JP market (3.74%).


Stability and Growth of Payments

Stable Dividend: 5194's dividends per share have been stable in the past 10 years.

Growing Dividend: 5194's dividend payments have not increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (9.9%), 5194's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (47%), 5194's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

13.9yrs

Average management tenure


CEO

Ichiro Oato (73 yo)

34.42yrs

Tenure

Ichiro Oato has been the President of Sagami Rubber Industries Co. Ltd. since January 1988; Sagami Manufacturers Sdn. Bhd.since September 2007 and K.K. Radiatex since January 2008. Ichiro Oato joined Saga...


Leadership Team

Experienced Management: 5194's management team is seasoned and experienced (13.9 years average tenure).


Board Members

Experienced Board: 5194's board of directors are seasoned and experienced ( 10 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

Sagami Rubber Industries Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Sagami Rubber Industries Co., Ltd.
  • Ticker: 5194
  • Exchange: TSE
  • Founded: 1934
  • Industry: Personal Products
  • Sector: Household
  • Implied Market Cap: JP¥8.143b
  • Shares outstanding: 10.86m
  • Website: https://www.sagami-gomu.co.jp

Number of Employees


Location

  • Sagami Rubber Industries Co., Ltd.
  • 2-1, Moto-cho
  • Atsugi
  • Kanagawa
  • 243-0002
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.