4041

Nippon SodaTSE:4041 Stock Report

Market Cap

JP¥104.6b

7D

1.2%

1Y

16.3%

Updated

16 Sep, 2021

Data

Company Financials +
4041 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends3/6

4041 Overview

Nippon Soda Co., Ltd. develops, produces, and sells chemicals, agrochemicals, and other products in Japan and internationally.

Nippon Soda Competitors

Sumitomo Chemical Company

TSE:4005

JP¥987.5b

Mitsui

TSE:8031

JP¥4.2t

Nissan Motor

TSE:7201

JP¥2.2t

Kumiai Chemical Industry

TSE:4996

JP¥115.6b

Price History & Performance

Summary of all time highs, changes and price drops for Nippon Soda
Historical stock prices
Current Share PriceJP¥3,755.00
52 Week HighJP¥2,694.00
52 Week LowJP¥3,855.00
Beta0.75
1 Month Change7.90%
3 Month Change11.59%
1 Year Change16.25%
3 Year Change3.44%
5 Year Change75.06%
Change since IPO-11.85%

Recent News & Updates

Shareholder Returns

4041JP ChemicalsJP Market
7D1.2%3.4%1.5%
1Y16.3%28.0%25.9%

Return vs Industry: 4041 underperformed the JP Chemicals industry which returned 28% over the past year.

Return vs Market: 4041 underperformed the JP Market which returned 25.9% over the past year.

Price Volatility

Is 4041's price volatile compared to industry and market?
4041 volatility
4041 Beta0.75
Industry Beta0.95
Market Beta1

Stable Share Price: 4041 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 4041's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19202,770Eiji Agahttps://www.nippon-soda.co.jp

Nippon Soda Co., Ltd. develops, produces, and sells chemicals, agrochemicals, and other products in Japan and internationally. It operates through Chemicals, Agro Products, Trading, Construction, Transportation/Warehousing, and Other divisions. The company offers agrochemicals, including fungicides, insecticides, acaricides, and herbicides.

Nippon Soda Fundamentals Summary

How do Nippon Soda's earnings and revenue compare to its market cap?
4041 fundamental statistics
Market CapJP¥104.62b
Earnings (TTM)JP¥6.99b
Revenue (TTM)JP¥139.91b

15.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
4041 income statement (TTM)
RevenueJP¥139.91b
Cost of RevenueJP¥100.78b
Gross ProfitJP¥39.13b
ExpensesJP¥32.14b
EarningsJP¥6.99b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)245.34
Gross Margin27.97%
Net Profit Margin4.99%
Debt/Equity Ratio26.9%

How did 4041 perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

45%

Payout Ratio

Does 4041 pay a reliable dividends?

See 4041 dividend history and benchmarks
When do you need to buy 4041 by to receive an upcoming dividend?
Nippon Soda dividend dates
Ex Dividend DateSep 29 2021
Dividend Pay DateDec 07 2021
Days until Ex dividend12 days
Days until Dividend pay date81 days

Does 4041 pay a reliable dividends?

See 4041 dividend history and benchmarks

Valuation

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

6.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 4041 (¥3755) is trading below our estimate of fair value (¥4017.9)

Significantly Below Fair Value: 4041 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 4041 is poor value based on its PE Ratio (15x) compared to the JP Chemicals industry average (12.9x).

PE vs Market: 4041 is good value based on its PE Ratio (15x) compared to the JP market (15.2x).


Price to Earnings Growth Ratio

PEG Ratio: 4041 is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: 4041 is good value based on its PB Ratio (0.7x) compared to the JP Chemicals industry average (0.9x).


Future Growth

How is Nippon Soda forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

14.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4041's forecast earnings growth (14.7% per year) is above the savings rate (0%).

Earnings vs Market: 4041's earnings (14.7% per year) are forecast to grow faster than the JP market (10.3% per year).

High Growth Earnings: 4041's earnings are forecast to grow, but not significantly.

Revenue vs Market: 4041's revenue (3.5% per year) is forecast to grow slower than the JP market (4.8% per year).

High Growth Revenue: 4041's revenue (3.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 4041's Return on Equity is forecast to be low in 3 years time (6.5%).


Past Performance

How has Nippon Soda performed over the past 5 years?

-7.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4041 has a large one-off loss of ¥3.4B impacting its June 30 2021 financial results.

Growing Profit Margin: 4041's current net profit margins (5%) are lower than last year (5.5%).


Past Earnings Growth Analysis

Earnings Trend: 4041's earnings have declined by 7.1% per year over the past 5 years.

Accelerating Growth: 4041's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 4041 had negative earnings growth (-11.1%) over the past year, making it difficult to compare to the Chemicals industry average (31.4%).


Return on Equity

High ROE: 4041's Return on Equity (4.9%) is considered low.


Financial Health

How is Nippon Soda's financial position?


Financial Position Analysis

Short Term Liabilities: 4041's short term assets (¥97.4B) exceed its short term liabilities (¥43.6B).

Long Term Liabilities: 4041's short term assets (¥97.4B) exceed its long term liabilities (¥33.5B).


Debt to Equity History and Analysis

Debt Level: 4041's debt to equity ratio (26.9%) is considered satisfactory.

Reducing Debt: 4041's debt to equity ratio has reduced from 34% to 26.9% over the past 5 years.

Debt Coverage: 4041's debt is well covered by operating cash flow (35.1%).

Interest Coverage: 4041 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Nippon Soda current dividend yield, its reliability and sustainability?

2.93%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 16 2021Ex Dividend DateSep 29 2021Dividend Pay DateDec 07 202169 days from Ex DividendBuy in the next 12 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 4041's dividend (2.93%) is higher than the bottom 25% of dividend payers in the JP market (1.27%).

High Dividend: 4041's dividend (2.93%) is low compared to the top 25% of dividend payers in the JP market (2.96%).


Stability and Growth of Payments

Stable Dividend: 4041's dividend payments have been volatile in the past 10 years.

Growing Dividend: 4041's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (44.8%), 4041's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Eiji Aga

0.67

Tenure

Mr. Eiji Aga has been the President and Representative Director at Nippon Soda Co., Ltd. since 2021 and 2020 respectively. Mr. Aga served as an Executive Officer of Nippon Soda Co., Ltd.since April 4, 201...


Leadership Team

Experienced Management: 4041's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: 4041's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


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

Nippon Soda Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Nippon Soda Co., Ltd.
  • Ticker: 4041
  • Exchange: TSE
  • Founded: 1920
  • Industry: Diversified Chemicals
  • Sector: Materials
  • Market Cap: JP¥104.619b
  • Shares outstanding: 27.86m
  • Website: https://www.nippon-soda.co.jp

Number of Employees


Location

  • Nippon Soda Co., Ltd.
  • 2-2-1, Ohtemachi
  • Chiyoda-ku
  • Tokyo
  • 100-8165
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 15:26
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.