5122

Okamoto IndustriesTSE:5122 Stock Report

Market Cap

JP¥83.1b

7D

-2.4%

1Y

3.6%

Updated

16 Sep, 2021

Data

Company Financials +
5122 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends4/6

5122 Overview

Okamoto Industries, Inc. manufactures and sells industrial and household products in Japan and internationally.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 5122 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 5122's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-2.4%

5122

3.4%

JP Chemicals

1.5%

JP Market


1 Year Return

3.6%

5122

28.0%

JP Chemicals

25.9%

JP Market

Return vs Industry: 5122 underperformed the JP Chemicals industry which returned 28% over the past year.

Return vs Market: 5122 underperformed the JP Market which returned 25.9% over the past year.


Shareholder returns

5122IndustryMarket
7 Day-2.4%3.4%1.5%
30 Day9.0%11.8%9.3%
90 Day6.4%8.3%7.4%
1 Year6.0%3.6%30.5%28.0%28.6%25.9%
3 Year-21.8%-27.0%33.5%23.7%26.1%17.5%
5 Year-23.6%-30.8%93.5%73.0%73.4%54.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Okamoto Industries Fundamentals Summary

How do Okamoto Industries's earnings and revenue compare to its market cap?
5122 fundamental statistics
Market CapJP¥83.11b
Earnings (TTM)JP¥5.88b
Revenue (TTM)JP¥89.11b

14.1x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
5122 income statement (TTM)
RevenueJP¥89.11b
Cost of RevenueJP¥65.69b
Gross ProfitJP¥23.42b
ExpensesJP¥17.54b
EarningsJP¥5.88b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)314.50
Gross Margin26.28%
Net Profit Margin6.60%
Debt/Equity Ratio5.2%

How did 5122 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

32%

Payout Ratio

Does 5122 pay a reliable dividends?

See 5122 dividend history and benchmarks
When do you need to buy 5122 by to receive an upcoming dividend?
Okamoto Industries dividend dates
Ex Dividend DateSep 29 2021
Dividend Pay DateDec 01 2021
Days until Ex dividend12 days
Days until Dividend pay date75 days

Does 5122 pay a reliable dividends?

See 5122 dividend history and benchmarks

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 5122 (¥4490) is trading below our estimate of fair value (¥11266.77)

Significantly Below Fair Value: 5122 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 5122 is poor value based on its PE Ratio (14.1x) compared to the JP Chemicals industry average (12.9x).

PE vs Market: 5122 is good value based on its PE Ratio (14.1x) compared to the JP market (15.2x).


Price to Earnings Growth Ratio

PEG Ratio: 5122 is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: 5122 is overvalued based on its PB Ratio (1.2x) compared to the JP Chemicals industry average (0.9x).


Future Growth

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

9.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5122's forecast earnings growth (9.1% per year) is above the savings rate (0%).

Earnings vs Market: 5122's earnings (9.1% per year) are forecast to grow slower than the JP market (10.3% per year).

High Growth Earnings: 5122's earnings are forecast to grow, but not significantly.

Revenue vs Market: 5122's revenue (3.5% per year) is forecast to grow slower than the JP market (4.8% per year).

High Growth Revenue: 5122'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: 5122's Return on Equity is forecast to be low in 3 years time (9.5%).


Past Performance

How has Okamoto Industries performed over the past 5 years?

-9.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5122 has a large one-off loss of ¥2.2B impacting its June 30 2021 financial results.

Growing Profit Margin: 5122's current net profit margins (6.6%) are higher than last year (3.8%).


Past Earnings Growth Analysis

Earnings Trend: 5122's earnings have declined by 9% per year over the past 5 years.

Accelerating Growth: 5122's earnings growth over the past year (78.3%) exceeds its 5-year average (-9% per year).

Earnings vs Industry: 5122 earnings growth over the past year (78.3%) exceeded the Chemicals industry 31.4%.


Return on Equity

High ROE: 5122's Return on Equity (8.1%) is considered low.


Financial Health

How is Okamoto Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 5122's short term assets (¥69.1B) exceed its short term liabilities (¥28.6B).

Long Term Liabilities: 5122's short term assets (¥69.1B) exceed its long term liabilities (¥12.0B).


Debt to Equity History and Analysis

Debt Level: 5122's debt to equity ratio (5.2%) is considered satisfactory.

Reducing Debt: 5122's debt to equity ratio has reduced from 6.8% to 5.2% over the past 5 years.

Debt Coverage: 5122's debt is well covered by operating cash flow (221.7%).

Interest Coverage: 5122 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

2.23%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 16 2021Ex Dividend DateSep 29 2021Dividend Pay DateDec 01 202163 days from Ex DividendBuy in the next 12 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 5122's dividend (2.23%) is higher than the bottom 25% of dividend payers in the JP market (1.27%).

High Dividend: 5122's dividend (2.23%) is low compared to the top 25% of dividend payers in the JP market (2.96%).


Stability and Growth of Payments

Stable Dividend: 5122's dividends per share have been stable in the past 10 years.

Growing Dividend: 5122's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.8%), 5122'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?

5.6yrs

Average management tenure


CEO

Yoshiyuki Okamoto (72 yo)

10.25yrs

Tenure

Mr. Yoshiyuki Okamoto has been the President of Okamoto Industries, Inc since June 2011. Mr. Okamoto has been Deputy General Manager of Machinery Business Division and Managing Executive Officer at Nippon...


Leadership Team

Experienced Management: 5122's management team is seasoned and experienced (5.6 years average tenure).


Board Members

Experienced Board: 5122's board of directors are seasoned and experienced ( 11.3 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

Okamoto Industries, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Okamoto Industries, Inc.
  • Ticker: 5122
  • Exchange: TSE
  • Founded: 1934
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: JP¥83.108b
  • Shares outstanding: 18.51m
  • Website: https://www.okamoto-inc.jp

Number of Employees


Location

  • Okamoto Industries, Inc.
  • 3-27-12 Hongo
  • Bunkyo-ku
  • Tokyo
  • 113-8710
  • Japan

Listings


Biography

Okamoto Industries, Inc. manufactures and sells industrial and household products in Japan and internationally. The company’s industrial products include plastic films; wallpaper for housing, decorative fi...


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.