3407 Stock Overview
Asahi Kasei Corporation manufactures, processes, and sells chemical products in Japan and internationally.
Asahi Kasei Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥1,043.00|
|52 Week High||JP¥1,295.00|
|52 Week Low||JP¥946.60|
|1 Month Change||-2.34%|
|3 Month Change||-8.71%|
|1 Year Change||-15.51%|
|3 Year Change||-10.86%|
|5 Year Change||-1.74%|
|Change since IPO||43.86%|
Recent News & Updates
|3407||JP Chemicals||JP Market|
Return vs Industry: 3407 underperformed the JP Chemicals industry which returned -10.9% over the past year.
Return vs Market: 3407 underperformed the JP Market which returned -3.6% over the past year.
|3407 Average Weekly Movement||4.8%|
|Chemicals Industry Average Movement||4.6%|
|Market Average Movement||4.6%|
|10% most volatile stocks in JP Market||9.1%|
|10% least volatile stocks in JP Market||2.5%|
Stable Share Price: 3407 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 3407's weekly volatility (5%) has been stable over the past year.
About the Company
Asahi Kasei Corporation manufactures, processes, and sells chemical products in Japan and internationally. The company operates through three segments: Material, Homes, and Health Care. It provides caustic soda, chemical fertilizers, nitric acid, ammonia, acrylonitrile, methyl methacrylate, styrene, adipic acid, hexamethylene diamine, AH salt, propionitrile, sodium cyanide, acetonitrile, methacrylonitrile, cyclohexyl methacrylate, cyclohexanol, cyclohexane, and cyclohexene; polymers; chemical intermediates; additives; membranes and systems; clads and anchors; optical and printing materials; electronic materials; and lithium-ion battery and lead-acid battery separators.
Asahi Kasei Fundamentals Summary
|3407 fundamental statistics|
Is 3407 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3407 income statement (TTM)|
|Cost of Revenue||JP¥1.69t|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||116.69|
|Net Profit Margin||6.58%|
How did 3407 perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is Asahi Kasei undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3407 (¥1043) is trading below our estimate of fair value (¥2483.48)
Significantly Below Fair Value: 3407 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3407 is good value based on its PE Ratio (8.9x) compared to the JP Chemicals industry average (9.6x).
PE vs Market: 3407 is good value based on its PE Ratio (8.9x) compared to the JP market (12.1x).
Price to Earnings Growth Ratio
PEG Ratio: 3407 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: 3407 is overvalued based on its PB Ratio (0.9x) compared to the JP Chemicals industry average (0.7x).
How is Asahi Kasei forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3407's forecast earnings growth (6.7% per year) is above the savings rate (0.02%).
Earnings vs Market: 3407's earnings (6.7% per year) are forecast to grow slower than the JP market (8.7% per year).
High Growth Earnings: 3407's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3407's revenue (3.6% per year) is forecast to grow slower than the JP market (4.1% per year).
High Growth Revenue: 3407's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3407's Return on Equity is forecast to be low in 3 years time (10.1%).
How has Asahi Kasei performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3407 has high quality earnings.
Growing Profit Margin: 3407's current net profit margins (6.6%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: 3407's earnings have declined by 5.9% per year over the past 5 years.
Accelerating Growth: 3407's earnings growth over the past year (102.9%) exceeds its 5-year average (-5.9% per year).
Earnings vs Industry: 3407 earnings growth over the past year (102.9%) exceeded the Chemicals industry 39%.
Return on Equity
High ROE: 3407's Return on Equity (9.5%) is considered low.
How is Asahi Kasei's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 3407's short term assets (¥1,334.2B) exceed its short term liabilities (¥923.9B).
Long Term Liabilities: 3407's short term assets (¥1,334.2B) exceed its long term liabilities (¥706.4B).
Debt to Equity History and Analysis
Debt Level: 3407's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: 3407's debt to equity ratio has increased from 34.4% to 44.6% over the past 5 years.
Debt Coverage: 3407's debt is well covered by operating cash flow (24.9%).
Interest Coverage: 3407 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Asahi Kasei current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3407's dividend (3.26%) is higher than the bottom 25% of dividend payers in the JP market (1.62%).
High Dividend: 3407's dividend (3.26%) is low compared to the top 25% of dividend payers in the JP market (3.65%).
Stability and Growth of Payments
Stable Dividend: 3407's dividends per share have been stable in the past 10 years.
Growing Dividend: 3407's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), 3407's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (188.6%), 3407's dividend payments are not well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Koshiro Kudo (62 yo)
Mr. Koshiro Kudo serves as Director at Asahi Kasei Corporation since 2021, he also serves as Chief Financial Officer and has been its Representative Director, President and Presidential Executive Officer s...
Experienced Management: 3407's management team is considered experienced (3.3 years average tenure).
Experienced Board: 3407's board of directors are considered experienced (3.4 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Asahi Kasei Corporation's employee growth, exchange listings and data sources
- Name: Asahi Kasei Corporation
- Ticker: 3407
- Exchange: TSE
- Founded: 1922
- Industry: Commodity Chemicals
- Sector: Materials
- Implied Market Cap: JP¥1.426t
- Shares outstanding: 1.39b
- Website: https://www.asahi-kasei.com
Number of Employees
- Asahi Kasei Corporation
- Hibiya Mitsui Tower
- 1-1-2 Yurakucho
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/17 00:00|
|End of Day Share Price||2022/05/17 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.