Asia Pile Holdings (TSE:5288) - Share price, News & Analysis

5288 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	2/6
Financial Health	5/6
Dividends	6/6

5288 Stock Overview

Asia Pile Holdings Corporation, through its subsidiaries, operates as a general foundation construction company in Asia.

Rewards

Trading at 21.9% below our estimate of its fair value

Earnings are forecast to grow 27.83% per year

Pays a high and reliable dividend of 4.55%

Risk Analysis

Profit margins (1.6%) are lower than last year (2.8%)

Asia Pile Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Asia Pile Holdings
Historical stock prices
Current Share Price	JP¥440.00
52 Week High	JP¥513.00
52 Week Low	JP¥409.00
Beta	0.81
1 Month Change	5.77%
3 Month Change	-0.68%
1 Year Change	-11.47%
3 Year Change	-26.91%
5 Year Change	-30.27%
Change since IPO	11.39%

Shareholder Returns

	5288	JP Basic Materials	JP Market
7D	3.5%	-1.9%	-0.02%
1Y	-11.5%	-10.4%	-3.6%

Return vs Industry: 5288 underperformed the JP Basic Materials industry which returned -10.4% over the past year.

Return vs Market: 5288 underperformed the JP Market which returned -3.6% over the past year.

Price Volatility

Is 5288's price volatile compared to industry and market?
5288 volatility
5288 Average Weekly Movement	2.8%
Basic Materials Industry Average Movement	4.0%
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: 5288 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 5288's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1923	2,961	Akira Kurose	https://www.asiapile-hd.com

Asia Pile Holdings Corporation, through its subsidiaries, operates as a general foundation construction company in Asia. The company engages in the manufacture, installation, and sale of precast concrete piles, steel pipe piles, and cast-in-place piles. The company was formerly known as Japan Pile Corporation and changed its name to Asia Pile Holdings Corporation in October 2015.

Asia Pile Holdings Fundamentals Summary

How do Asia Pile Holdings's earnings and revenue compare to its market cap?
5288 fundamental statistics
Market Cap	JP¥16.64b
Earnings (TTM)	JP¥1.49b
Revenue (TTM)	JP¥93.18b

11.2x

P/E Ratio

0.2x

P/S Ratio

Is 5288 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
5288 income statement (TTM)
Revenue	JP¥93.18b
Cost of Revenue	JP¥81.78b
Gross Profit	JP¥11.40b
Other Expenses	JP¥9.90b
Earnings	JP¥1.49b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	39.22
Gross Margin	12.23%
Net Profit Margin	1.60%
Debt/Equity Ratio	27.1%

How did 5288 perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

51%

Payout Ratio

Valuation

Is Asia Pile Holdings undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

21.9%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 5288 (¥440) is trading below our estimate of fair value (¥563.13)

Significantly Below Fair Value: 5288 is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: 5288 is poor value based on its PE Ratio (11.2x) compared to the JP Basic Materials industry average (6.9x).

PE vs Market: 5288 is good value based on its PE Ratio (11.2x) compared to the JP market (12.1x).

Price to Earnings Growth Ratio

PEG Ratio: 5288 is good value based on its PEG Ratio (0.4x)

Price to Book Ratio

PB vs Industry: 5288's PB Ratio (0.4x) is in line with the JP Basic Materials industry average.

Future Growth

How is Asia Pile Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

27.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5288's forecast earnings growth (27.8% per year) is above the savings rate (0.02%).

Earnings vs Market: 5288's earnings (27.8% per year) are forecast to grow faster than the JP market (8.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 5288's revenue (2.9% per year) is forecast to grow slower than the JP market (4.1% per year).

High Growth Revenue: 5288's revenue (2.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 5288's Return on Equity is forecast to be high in 3 years time

Past Performance

How has Asia Pile Holdings 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

0.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 5288 has high quality earnings.

Growing Profit Margin: 5288's current net profit margins (1.6%) are lower than last year (2.8%).

Past Earnings Growth Analysis

Earnings Trend: 5288's earnings have grown by 0.9% per year over the past 5 years.

Accelerating Growth: 5288's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 5288 had negative earnings growth (-38.7%) over the past year, making it difficult to compare to the Basic Materials industry average (12.8%).

Return on Equity

High ROE: 5288's Return on Equity (3.7%) is considered low.

Financial Health

How is Asia Pile Holdings's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: 5288's short term assets (¥57.5B) exceed its short term liabilities (¥39.7B).

Long Term Liabilities: 5288's short term assets (¥57.5B) exceed its long term liabilities (¥5.2B).

Debt to Equity History and Analysis

Debt Level: 5288 has more cash than its total debt.

Reducing Debt: 5288's debt to equity ratio has increased from 26.3% to 27.1% over the past 5 years.

Debt Coverage: 5288's debt is well covered by operating cash flow (32.7%).

Interest Coverage: 5288's interest payments on its debt are well covered by EBIT (7.3x coverage).

Balance Sheet

Dividend

What is Asia Pile Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

4.55%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 5288's dividend (4.55%) is higher than the bottom 25% of dividend payers in the JP market (1.62%).

High Dividend: 5288's dividend (4.55%) is in the top 25% of dividend payers in the JP market (3.65%)

Stability and Growth of Payments

Stable Dividend: 5288's dividends per share have been stable in the past 10 years.

Growing Dividend: 5288's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51%), 5288's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (68.9%), 5288's dividend payments are covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Materials industry.

Management

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

13.1yrs

Average management tenure

CEO

Akira Kurose (74 yo)

15.08yrs

Tenure

Mr. Akira Kurose has been the President of Asia Pile Holdings Corporation (Alternate Name: Japan Pile Corporation) since April 2007 and served as its Chief Operating Officer and executive officer. He also...

Leadership Team

Experienced Management: 5288's management team is seasoned and experienced (13.1 years average tenure).

Board Members

Experienced Board: 5288's board of directors are considered experienced (8.4 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/05/17 00:00
Earnings	2022/03/31
Annual Earnings	2022/03/31