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5356

Mino Ceramic NSE:5356 Stock Report

Last Price

JP¥455.00

Market Cap

JP¥4.7b

7D

0.2%

1Y

6.8%

Updated

24 Sep, 2022

Data

Company Financials
5356 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends6/6

5356 Stock Overview

Mino Ceramic Co., Ltd. designs, produces, and sells refractories and ceramics in Japan.

Mino Ceramic Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mino Ceramic
Historical stock prices
Current Share PriceJP¥455.00
52 Week HighJP¥470.00
52 Week LowJP¥354.00
Beta0.51
1 Month Change0.22%
3 Month Change3.88%
1 Year Change6.81%
3 Year Change14.32%
5 Year Change22.31%
Change since IPO-22.88%

Recent News & Updates

Shareholder Returns

5356JP Basic MaterialsJP Market
7D0.2%-2.3%-1.1%
1Y6.8%-14.5%-9.1%

Return vs Industry: 5356 exceeded the JP Basic Materials industry which returned -14.5% over the past year.

Return vs Market: 5356 exceeded the JP Market which returned -9.1% over the past year.

Price Volatility

Is 5356's price volatile compared to industry and market?
5356 volatility
5356 Average Weekly Movement2.8%
Basic Materials Industry Average Movement3.3%
Market Average Movement3.5%
10% most volatile stocks in JP Market7.4%
10% least volatile stocks in JP Market1.8%

Stable Share Price: 5356 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 5356's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1918343Shigetoshi Ohtahttps://www.mino-ceramic.co.jp

Mino Ceramic Co., Ltd. designs, produces, and sells refractories and ceramics in Japan. It offers shaped refractories, such as basic, fireclay and high alumina, and two-layer combined bricks, as well as other refractories, including silicon carbide bricks and mortars; and monolithic refractory products comprising aggregates, bonding materials, and additives. The company also provides kiln furniture used in the production of electronic devices, secondary batteries, fuel cells, and ceramic raw materials, as well as various accessories in the form of boards, setters, saggars, and crucibles; oxide based structural ceramics, ceramics pressure mediums, and low thermal expansion ceramics; and pressureless sintered boron carbide, reaction sintered silicon nitride, and silicon carbide ceramics.

Mino Ceramic Fundamentals Summary

How do Mino Ceramic's earnings and revenue compare to its market cap?
5356 fundamental statistics
Market CapJP¥4.66b
Earnings (TTM)JP¥672.00m
Revenue (TTM)JP¥12.69b

6.9x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
5356 income statement (TTM)
RevenueJP¥12.69b
Cost of RevenueJP¥9.55b
Gross ProfitJP¥3.14b
Other ExpensesJP¥2.47b
EarningsJP¥672.00m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)65.56
Gross Margin24.75%
Net Profit Margin5.30%
Debt/Equity Ratio15.6%

How did 5356 perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

23%

Payout Ratio

Does 5356 pay a reliable dividends?

See 5356 dividend history and benchmarks
When do you need to buy 5356 by to receive an upcoming dividend?
Mino Ceramic dividend dates
Ex Dividend DateSep 29 2022
Dividend Pay DateDec 05 2022
Days until Ex dividend4 days
Days until Dividend pay date71 days

Does 5356 pay a reliable dividends?

See 5356 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 5356 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 5356?

Other financial metrics that can be useful for relative valuation.

5356 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/Revenue0.3x
Enterprise Value/EBITDA3x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 5356's PE Ratio compare to its peers?

5356 PE Ratio vs Peers
The above table shows the PE ratio for 5356 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average9.3x
5284 Yamau Holdings
3.4xn/aJP¥4.4b
5355 Nippon Crucible
19.8xn/aJP¥3.8b
5285 Yamax
8.9xn/aJP¥3.1b
5283 Takamisawa
5.2xn/aJP¥3.2b
5356 Mino Ceramic
6.9xn/aJP¥4.7b

Price-To-Earnings vs Peers: 5356 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (9.3x).


Price to Earnings Ratio vs Industry

How does 5356's PE Ratio compare vs other companies in the JP Basic Materials Industry?

Price-To-Earnings vs Industry: 5356 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the JP Basic Materials industry average (8.9x)


Price to Earnings Ratio vs Fair Ratio

What is 5356'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.

5356 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 5356's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 5356 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5356 (¥455) is trading below our estimate of fair value (¥788.6)

Significantly Below Fair Value: 5356 is trading below fair value by more than 20%.


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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Future Growth

How is Mino Ceramic 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


26.6%

Forecasted Materials 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 Mino Ceramic 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.


Discover growth companies

  • Examine whether Mino Ceramic is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Mino Ceramic performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-0.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 5356 has high quality earnings.

Growing Profit Margin: 5356's current net profit margins (5.3%) are lower than last year (7.2%).


Past Earnings Growth Analysis

Earnings Trend: 5356's earnings have declined by 0.2% per year over the past 5 years.

Accelerating Growth: 5356's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 5356 had negative earnings growth (-20.3%) over the past year, making it difficult to compare to the Basic Materials industry average (-9.4%).


Return on Equity

High ROE: 5356's Return on Equity (5.8%) is considered low.


Discover strong past performing companies

Financial Health

How is Mino Ceramic's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 5356's short term assets (¥10.7B) exceed its short term liabilities (¥5.1B).

Long Term Liabilities: 5356's short term assets (¥10.7B) exceed its long term liabilities (¥1.8B).


Debt to Equity History and Analysis

Debt Level: 5356 has more cash than its total debt.

Reducing Debt: 5356's debt to equity ratio has reduced from 24% to 15.6% over the past 5 years.

Debt Coverage: 5356's debt is well covered by operating cash flow (64.1%).

Interest Coverage: 5356 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Mino Ceramic current dividend yield, its reliability and sustainability?

Dividend Score

6/6

Dividend Score 6/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.61%

Current Dividend Yield

Upcoming Dividend Payment

TodaySep 25 2022Ex Dividend DateSep 29 2022Dividend Pay DateDec 05 202267 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 5356's dividend (4.62%) is higher than the bottom 25% of dividend payers in the JP market (1.65%).

High Dividend: 5356's dividend (4.62%) is in the top 25% of dividend payers in the JP market (3.66%)


Stability and Growth of Payments

Stable Dividend: 5356's dividends per share have been stable in the past 10 years.

Growing Dividend: 5356's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (22.9%), 5356's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (46%), 5356'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?

7.5yrs

Average board tenure


CEO

Shigetoshi Ohta (71 yo)

23.25yrs

Tenure

Mr. Shigetoshi Ohta has been the President and Representative Director of Monolith Co., Ltd., since June 1996, Mino Yogyo Seito Co., Ltd., since June 1997, Mino Ceramic Co. Ltd., since June 1999, Biyo Brig...


Board Members

Experienced Board: 5356's board of directors are considered experienced (7.5 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

Top 16 shareholders own 41.76% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
8.3%
Mizuho Financial Group, Inc., Asset Management Arm
850,800¥387.1m0%0.01%
5.91%
Shigetoshi Ohta
606,158¥275.8m0.03%no data
4.98%
Taiheiyo Cement Corporation
510,000¥232.1m0%no data
4.97%
Tomohiro Yoshino
509,000¥231.6m0%no data
3.9%
Juroku Bank, Ltd., Asset Management Arm
400,000¥182.0m0%0.39%
3.51%
The Ogaki Kyoritsu Bank, Ltd., Asset Management Arm
360,000¥163.8m0%0.36%
3.51%
Bank Of Nagoya, Ltd., Asset Management Arm
360,000¥163.8m0%0.2%
3.05%
Mino Ceramic Co.,Ltd, ESOP
313,000¥142.4m0%no data
2.93%
MS&AD Insurance Group Holdings, Inc., Asset Management Arm
300,000¥136.5m0%0.01%
0.4%
Masaya Nakashima
41,000¥18.7m0%no data
0.13%
Toshihiko Yamada
13,400¥6.1m3.88%no data
0.062%
Yutaka Ishikawa
6,400¥2.9m16.36%no data
0.048%
Ikuo Hasegawa
4,900¥2.2m19.51%no data
0.021%
Hiroaki Kobayashi
2,200¥1.0m1000%no data
0.02%
Takafumi Oshima
2,100¥955.5k75%no data
0.02%
Eiji Shibuya
2,100¥955.5k75%no data

Company Information

Mino Ceramic Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Mino Ceramic Co., Ltd.
  • Ticker: 5356
  • Exchange: NSE
  • Founded: 1918
  • Industry: Construction Materials
  • Sector: Materials
  • Implied Market Cap: JP¥4.664b
  • Shares outstanding: 10.25m
  • Website: https://www.mino-ceramic.co.jp

Number of Employees


Location

  • Mino Ceramic Co., Ltd.
  • 1-17-28, Meieki-Minami
  • Nakamura-Ku
  • Nagoya
  • Aichi
  • 450-0003
  • Japan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5356NSE (Nagoya Stock Exchange)YesCommon StockJPJPYJan 1992

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/24 00:00
End of Day Share Price2022/09/22 00:00
Earnings2022/06/30
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.