Tokyo Steel Manufacturing Co., Ltd. manufactures and sells various steel products in Japan.
Tokyo Steel ManufacturingLtd Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥1,173.00|
|52 Week High||JP¥630.00|
|52 Week Low||JP¥1,340.00|
|1 Month Change||8.01%|
|3 Month Change||6.73%|
|1 Year Change||64.06%|
|3 Year Change||37.19%|
|5 Year Change||67.57%|
|Change since IPO||-47.63%|
Recent News & Updates
|5423||JP Metals and Mining||JP Market|
Return vs Industry: 5423 exceeded the JP Metals and Mining industry which returned 49.7% over the past year.
Return vs Market: 5423 exceeded the JP Market which returned 23.6% over the past year.
Stable Share Price: 5423 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 5423's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.
About the Company
Tokyo Steel Manufacturing Co., Ltd. manufactures and sells various steel products in Japan. The company offers various long products, such as H beams, U-shaped steel-sheet piles, I-beams, checkered H-beams, channels, and deformed bars for use in various building and civil engineering projects, as well as in automobile and machinery components. It also provides flat products comprising heavy steel plates, hot rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets for use in construction, industrial equipment, plant equipment, bridges, and ship-buildings.
Tokyo Steel ManufacturingLtd Fundamentals Summary
|5423 fundamental statistics|
Is 5423 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|5423 income statement (TTM)|
|Cost of Revenue||JP¥138.11b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||52.79|
|Net Profit Margin||4.04%|
How did 5423 perform over the long term?See historical performance and comparison
Is Tokyo Steel ManufacturingLtd undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 5423 (¥1173) is trading above our estimate of fair value (¥313.38)
Significantly Below Fair Value: 5423 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 5423 is poor value based on its PE Ratio (21.9x) compared to the JP Metals and Mining industry average (10.3x).
PE vs Market: 5423 is poor value based on its PE Ratio (21.9x) compared to the JP market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 5423's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 5423 is overvalued based on its PB Ratio (1x) compared to the JP Metals and Mining industry average (0.5x).
How is Tokyo Steel ManufacturingLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tokyo Steel ManufacturingLtd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Tokyo Steel ManufacturingLtd performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5423 has high quality earnings.
Growing Profit Margin: 5423's current net profit margins (4%) are lower than last year (7.9%).
Past Earnings Growth Analysis
Earnings Trend: 5423's earnings have declined by 10.4% per year over the past 5 years.
Accelerating Growth: 5423's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 5423 had negative earnings growth (-51.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (20.5%).
Return on Equity
High ROE: 5423's Return on Equity (4.8%) is considered low.
How is Tokyo Steel ManufacturingLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 5423's short term assets (¥119.4B) exceed its short term liabilities (¥53.8B).
Long Term Liabilities: 5423's short term assets (¥119.4B) exceed its long term liabilities (¥12.8B).
Debt to Equity History and Analysis
Debt Level: 5423's debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: 5423's debt to equity ratio has reduced from 9% to 1.1% over the past 5 years.
Debt Coverage: 5423's debt is well covered by operating cash flow (523.1%).
Interest Coverage: 5423 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Tokyo Steel ManufacturingLtd current dividend yield, its reliability and sustainability?
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 5423's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 5423's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 5423's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 5423's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 5423 is not paying a notable dividend for the JP market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 5423's dividend in 3 years as they are not forecast to pay a notable one for the JP market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Toshikazu Nishimoto (61 yo)
Mr. Toshikazu Nishimoto has been President at Tokyo Steel Manufacturing Co. Ltd. since June 2019 and is its Managing Director since June 27, 2006. Mr. Nishimoto served as Head of Takamatsu Factory at Tokyo...
Experienced Management: 5423's management team is seasoned and experienced (9.9 years average tenure).
Experienced Board: 5423's board of directors are considered experienced (7.8 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.
Tokyo Steel Manufacturing Co.,Ltd.'s employee growth, exchange listings and data sources
- Name: Tokyo Steel Manufacturing Co.,Ltd.
- Ticker: 5423
- Exchange: TSE
- Founded: 1934
- Industry: Steel
- Sector: Materials
- Market Cap: JP¥139.623b
- Shares outstanding: 119.03m
- Website: https://www.tokyosteel.co.jp
Number of Employees
- Tokyo Steel Manufacturing Co.,Ltd.
- Kasumigaseki-Tokyu Building
- 15th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 08:03|
|End of Day Share Price||2021/09/22 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.