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5233

Taiheiyo Cement TSE:5233 Stock Report

Last Price

JP¥1.92k

Market Cap

JP¥227.4b

7D

-6.5%

1Y

-22.6%

Updated

19 May, 2022

Data

Company Financials +
5233 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends4/6

5233 Stock Overview

Taiheiyo Cement Corporation engages in the cement, mineral resources, environmental, and construction materials businesses in Japan and internationally.

Taiheiyo Cement Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Taiheiyo Cement
Historical stock prices
Current Share PriceJP¥1,923.00
52 Week HighJP¥2,681.00
52 Week LowJP¥1,871.00
Beta1.27
1 Month Change-3.32%
3 Month Change-17.68%
1 Year Change-22.55%
3 Year Change-42.85%
5 Year Change-44.90%
Change since IPO-71.93%

Recent News & Updates

Shareholder Returns

5233JP Basic MaterialsJP Market
7D-6.5%0.3%2.8%
1Y-22.6%-9.2%-2.2%

Return vs Industry: 5233 underperformed the JP Basic Materials industry which returned -9.2% over the past year.

Return vs Market: 5233 underperformed the JP Market which returned -2.2% over the past year.

Price Volatility

Is 5233's price volatile compared to industry and market?
5233 volatility
5233 Average Weekly Movement4.4%
Basic Materials Industry Average Movement4.4%
Market Average Movement4.6%
10% most volatile stocks in JP Market9.2%
10% least volatile stocks in JP Market2.5%

Stable Share Price: 5233 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 5233's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188112,586Masafumi Fushiharahttps://www.taiheiyo-cement.co.jp

Taiheiyo Cement Corporation engages in the cement, mineral resources, environmental, and construction materials businesses in Japan and internationally. The company’s Cement segment offers ordinary Portland cement, specialty cement, soil stabilizers, and ready-mixed concrete. Its Mineral Resources segment sells limestone aggregate products comprising course and fine aggregate used in ready-mixed concrete, and aggregate used in concrete products and civil engineering; sandstone and andesite as aggregate materials; quicklime, slaked lime, filler, silica, and silica powder; and hollow ceramics, sepiolite, wollastonite, and kaolin, as well as recycles surplus construction soil.

Taiheiyo Cement Fundamentals Summary

How do Taiheiyo Cement's earnings and revenue compare to its market cap?
5233 fundamental statistics
Market CapJP¥227.41b
Earnings (TTM)JP¥28.97b
Revenue (TTM)JP¥708.20b

7.7x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
5233 income statement (TTM)
RevenueJP¥708.20b
Cost of RevenueJP¥532.82b
Gross ProfitJP¥175.38b
Other ExpensesJP¥146.41b
EarningsJP¥28.97b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)248.42
Gross Margin24.76%
Net Profit Margin4.09%
Debt/Equity Ratio49.7%

How did 5233 perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

26%

Payout Ratio

Valuation

Is Taiheiyo Cement undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


7.74x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 5233 (¥1923) is trading above our estimate of fair value (¥1633.62)

Significantly Below Fair Value: 5233 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 5233 is poor value based on its PE Ratio (7.7x) compared to the JP Basic Materials industry average (7x).

PE vs Market: 5233 is good value based on its PE Ratio (7.7x) compared to the JP market (12.2x).


Price to Earnings Growth Ratio

PEG Ratio: 5233 is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: 5233's PB Ratio (0.4x) is in line with the JP Basic Materials industry average.


Future Growth

How is Taiheiyo Cement forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5233's forecast earnings growth (16.4% per year) is above the savings rate (0.02%).

Earnings vs Market: 5233's earnings (16.4% per year) are forecast to grow faster than the JP market (8.7% per year).

High Growth Earnings: 5233's earnings are forecast to grow, but not significantly.

Revenue vs Market: 5233's revenue (3.3% per year) is forecast to grow slower than the JP market (4% per year).

High Growth Revenue: 5233's revenue (3.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 5233's Return on Equity is forecast to be low in 3 years time (9.1%).


Past Performance

How has Taiheiyo Cement performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


3.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 5233 has high quality earnings.

Growing Profit Margin: 5233's current net profit margins (4.1%) are lower than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: 5233's earnings have grown by 3.9% per year over the past 5 years.

Accelerating Growth: 5233's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 5233 had negative earnings growth (-38.1%) over the past year, making it difficult to compare to the Basic Materials industry average (12.8%).


Return on Equity

High ROE: 5233's Return on Equity (5.7%) is considered low.


Financial Health

How is Taiheiyo Cement'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: 5233's short term assets (¥340.6B) exceed its short term liabilities (¥309.8B).

Long Term Liabilities: 5233's short term assets (¥340.6B) exceed its long term liabilities (¥248.4B).


Debt to Equity History and Analysis

Debt Level: 5233's net debt to equity ratio (38.6%) is considered satisfactory.

Reducing Debt: 5233's debt to equity ratio has reduced from 85.2% to 49.7% over the past 5 years.

Debt Coverage: 5233's debt is well covered by operating cash flow (26.3%).

Interest Coverage: 5233's interest payments on its debt are well covered by EBIT (15567.3x coverage).


Balance Sheet


Dividend

What is Taiheiyo Cement current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.64%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 5233's dividend (3.64%) is higher than the bottom 25% of dividend payers in the JP market (1.63%).

High Dividend: 5233's dividend (3.64%) is low compared to the top 25% of dividend payers in the JP market (3.65%).


Stability and Growth of Payments

Stable Dividend: 5233's dividends per share have been stable in the past 10 years.

Growing Dividend: 5233's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.4%), 5233's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (238.4%), 5233's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

2.3yrs

Average management tenure


CEO

Masafumi Fushihara

4.08yrs

Tenure

Mr. Masafumi Fushihara has been President of Taiheiyo Cement Corporation since April 2018 and serves as it's Director since June 2015. Mr. Fushihara served as Senior General Manager of Cement Business Divi...


Leadership Team

Experienced Management: 5233's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: 5233's board of directors are considered experienced (5.1 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

Taiheiyo Cement Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Taiheiyo Cement Corporation
  • Ticker: 5233
  • Exchange: TSE
  • Founded: 1881
  • Industry: Construction Materials
  • Sector: Materials
  • Implied Market Cap: JP¥227.415b
  • Shares outstanding: 116.62m
  • Website: https://www.taiheiyo-cement.co.jp

Number of Employees


Location

  • Taiheiyo Cement Corporation
  • Bunkyo Garden Gate Tower
  • 1-1-1, Koishikawa
  • Tokyo
  • 112-8503
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 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.