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5423

Tokyo Steel ManufacturingLtdTSE:5423 Stock Report

Market Cap

JP¥139.6b

7D

-8.1%

1Y

64.1%

Updated

23 Sep, 2021

Data

Company Financials
5423 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

5423 Overview

Tokyo Steel Manufacturing Co., Ltd. manufactures and sells various steel products in Japan.

Tokyo Steel ManufacturingLtd Competitors

Waste Management

NYSE:WM

US$64.6b

ArcelorMittal

ENXTAM:MT

€24.5b

Nucor

NYSE:NUE

US$28.5b

POSCO

KOSE:A005490

₩26.2t

Price History & Performance

Summary of all time highs, changes and price drops for Tokyo Steel ManufacturingLtd
Historical stock prices
Current Share PriceJP¥1,173.00
52 Week HighJP¥630.00
52 Week LowJP¥1,340.00
Beta0.42
1 Month Change8.01%
3 Month Change6.73%
1 Year Change64.06%
3 Year Change37.19%
5 Year Change67.57%
Change since IPO-47.63%

Recent News & Updates

Shareholder Returns

5423JP Metals and MiningJP Market
7D-8.1%-6.6%-2.2%
1Y64.1%49.7%23.6%

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.

Price Volatility

Is 5423's price volatile compared to industry and market?
5423 volatility
5423 Beta0.42
Industry Beta1.31
Market Beta1

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

FoundedEmployeesCEOWebsite
19341,020Toshikazu Nishimotohttps://www.tokyosteel.co.jp

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

How do Tokyo Steel ManufacturingLtd's earnings and revenue compare to its market cap?
5423 fundamental statistics
Market CapJP¥139.62b
Earnings (TTM)JP¥6.39b
Revenue (TTM)JP¥158.14b

21.9x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
5423 income statement (TTM)
RevenueJP¥158.14b
Cost of RevenueJP¥138.11b
Gross ProfitJP¥20.03b
ExpensesJP¥13.64b
EarningsJP¥6.39b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)52.79
Gross Margin12.66%
Net Profit Margin4.04%
Debt/Equity Ratio1.1%

How did 5423 perform over the long term?

See historical performance and comparison

Valuation

Is Tokyo Steel ManufacturingLtd undervalued compared to its fair value and its price relative to the market?

21.86x

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).


Future Growth

How is Tokyo Steel ManufacturingLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.8%

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.


Past Performance

How has Tokyo Steel ManufacturingLtd performed over the past 5 years?

-10.4%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Tokyo Steel ManufacturingLtd current dividend yield, its reliability and sustainability?


Upcoming Dividend Payment

TodaySep 24 2021Ex Dividend DateSep 29 2021Dividend Pay DateNov 24 202156 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

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.


Next Steps

Management

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

9.9yrs

Average management tenure


CEO

Toshikazu Nishimoto (61 yo)

15.25yrs

Tenure

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...


Leadership Team

Experienced Management: 5423's management team is seasoned and experienced (9.9 years average tenure).


Board Members

Experienced Board: 5423's board of directors are considered experienced (7.8 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

Tokyo Steel Manufacturing Co.,Ltd.'s employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Tokyo Steel Manufacturing Co.,Ltd.
  • Kasumigaseki-Tokyu Building
  • 15th Floor
  • Tokyo
  • 100-0013
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 08:03
End of Day Share Price2021/09/22 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.