company background image
5706

Mitsui Mining & Smelting TSE:5706 Stock Report

Last Price

JP¥3.03k

Market Cap

JP¥174.6b

7D

-4.0%

1Y

-5.5%

Updated

28 Sep, 2022

Data

Company Financials +
5706 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends5/6

5706 Stock Overview

Mitsui Mining & Smelting Co., Ltd. manufactures and sells nonferrous metal products in Japan and internationally.

Mitsui Mining & Smelting Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mitsui Mining & Smelting
Historical stock prices
Current Share PriceJP¥3,025.00
52 Week HighJP¥3,655.00
52 Week LowJP¥2,901.00
Beta1.32
1 Month Change-7.21%
3 Month Change-4.57%
1 Year Change-5.47%
3 Year Change17.93%
5 Year Change-48.29%
Change since IPO-35.09%

Recent News & Updates

Shareholder Returns

5706JP Metals and MiningJP Market
7D-4.0%-3.0%-2.3%
1Y-5.5%0.3%-8.8%

Return vs Industry: 5706 underperformed the JP Metals and Mining industry which returned 0.3% over the past year.

Return vs Market: 5706 exceeded the JP Market which returned -8.8% over the past year.

Price Volatility

Is 5706's price volatile compared to industry and market?
5706 volatility
5706 Average Weekly Movement3.0%
Metals and Mining Industry Average Movement3.6%
Market Average Movement3.5%
10% most volatile stocks in JP Market7.4%
10% least volatile stocks in JP Market1.8%

Stable Share Price: 5706 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 5706's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
187411,881Takeshi Nouhttps://www.mitsui-kinzoku.com

Mitsui Mining & Smelting Co., Ltd. manufactures and sells nonferrous metal products in Japan and internationally. The company operates through four segments: Engineered Materials, Metals, Automotive Parts & Components, and Affiliates Coordination.

Mitsui Mining & Smelting Fundamentals Summary

How do Mitsui Mining & Smelting's earnings and revenue compare to its market cap?
5706 fundamental statistics
Market CapJP¥174.56b
Earnings (TTM)JP¥55.05b
Revenue (TTM)JP¥651.38b

3.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
5706 income statement (TTM)
RevenueJP¥651.38b
Cost of RevenueJP¥529.65b
Gross ProfitJP¥121.72b
Other ExpensesJP¥66.68b
EarningsJP¥55.05b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Nov 09, 2022

Earnings per share (EPS)963.41
Gross Margin18.69%
Net Profit Margin8.45%
Debt/Equity Ratio86.8%

How did 5706 perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

11%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 5706 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 5706?

Other financial metrics that can be useful for relative valuation.

5706 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA4.3x
PEG Ratio1.8x

Price to Earnings Ratio vs Peers

How does 5706's PE Ratio compare to its peers?

5706 PE Ratio vs Peers
The above table shows the PE ratio for 5706 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.9x
5727 Toho Titanium
34.4x22.9%JP¥174.6b
5711 Mitsubishi Materials
4.9x12.6%JP¥258.7b
5714 Dowa Holdings
6.8x-0.8%JP¥308.2b
1515 Nittetsu Mining
4.6xn/aJP¥46.5b
5706 Mitsui Mining & Smelting
3.1x1.8%JP¥174.6b

Price-To-Earnings vs Peers: 5706 is good value based on its Price-To-Earnings Ratio (3.1x) compared to the peer average (12.9x).


Price to Earnings Ratio vs Industry

How does 5706's PE Ratio compare vs other companies in the JP Metals and Mining Industry?

Price-To-Earnings vs Industry: 5706 is good value based on its Price-To-Earnings Ratio (3.1x) compared to the JP Metals and Mining industry average (5.9x)


Price to Earnings Ratio vs Fair Ratio

What is 5706's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

5706 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.1x
Fair PE Ratio8.9x

Price-To-Earnings vs Fair Ratio: 5706 is good value based on its Price-To-Earnings Ratio (3.1x) compared to the estimated Fair Price-To-Earnings Ratio (8.9x).


Share Price vs Fair Value

What is the Fair Price of 5706 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5706 (¥3025) is trading below our estimate of fair value (¥4401.33)

Significantly Below Fair Value: 5706 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies

Future Growth

How is Mitsui Mining & Smelting forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


1.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5706's forecast earnings growth (1.8% per year) is above the savings rate (0.04%).

Earnings vs Market: 5706's earnings (1.8% per year) are forecast to grow slower than the JP market (8.5% per year).

High Growth Earnings: 5706's earnings are forecast to grow, but not significantly.

Revenue vs Market: 5706's revenue (2.6% per year) is forecast to grow slower than the JP market (4.2% per year).

High Growth Revenue: 5706's revenue (2.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 5706's Return on Equity is forecast to be low in 3 years time (11.5%).


Discover growth companies

Past Performance

How has Mitsui Mining & Smelting performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


45.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 5706 has high quality earnings.

Growing Profit Margin: 5706's current net profit margins (8.5%) are lower than last year (9.1%).


Past Earnings Growth Analysis

Earnings Trend: 5706's earnings have grown significantly by 45.7% per year over the past 5 years.

Accelerating Growth: 5706's earnings growth over the past year (5%) is below its 5-year average (45.7% per year).

Earnings vs Industry: 5706 earnings growth over the past year (5%) underperformed the Metals and Mining industry 61.8%.


Return on Equity

High ROE: 5706's Return on Equity (20.3%) is considered high.


Discover strong past performing companies

Financial Health

How is Mitsui Mining & Smelting'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: 5706's short term assets (¥389.8B) exceed its short term liabilities (¥232.7B).

Long Term Liabilities: 5706's short term assets (¥389.8B) exceed its long term liabilities (¥164.7B).


Debt to Equity History and Analysis

Debt Level: 5706's net debt to equity ratio (76%) is considered high.

Reducing Debt: 5706's debt to equity ratio has reduced from 115.5% to 86.8% over the past 5 years.

Debt Coverage: 5706's debt is well covered by operating cash flow (25.4%).

Interest Coverage: 5706's interest payments on its debt are well covered by EBIT (167.3x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Mitsui Mining & Smelting 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

  • Cash Flow Coverage


4.63%

Current Dividend Yield

Dividend Yield vs Market

Mitsui Mining & Smelting Dividend Yield vs Market
How does Mitsui Mining & Smelting dividend yield compare to the market?
SegmentDividend Yield
Company (Mitsui Mining & Smelting)4.6%
Market Bottom 25% (JP)1.7%
Market Top 25% (JP)3.7%
Industry Average (Metals and Mining)5.6%
Analyst forecast in 3 Years (Mitsui Mining & Smelting)5.1%

Notable Dividend: 5706's dividend (4.63%) is higher than the bottom 25% of dividend payers in the JP market (1.66%).

High Dividend: 5706's dividend (4.63%) is in the top 25% of dividend payers in the JP market (3.73%)


Stability and Growth of Payments

Stable Dividend: 5706's dividend payments have been volatile in the past 10 years.

Growing Dividend: 5706's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (11.4%), 5706's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.7%), 5706's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

1.7yrs

Average management tenure


CEO

Takeshi Nou (61 yo)

7.42yrs

Tenure

Mr. Takeshi Nou serves as Independent Outside Director of Powdertech Co., Ltd. He was External Auditor of Powdertech Co., Ltd. He serves as President and CEO at Mitsui Mining & Smelting Co., Ltd.since 202...


Leadership Team

Experienced Management: 5706's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: 5706's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

What is the ownership structure of 5706?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders80,4200.1%
Private Companies865,0001.5%
Employee Share Scheme1,973,0003.5%
Institutions25,714,99745.0%
General Public28,504,44449.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 49.21% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
5.76%
Nomura Asset Management Co., Ltd.
3,288,900¥9.9b0%0.03%
3.99%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2,281,900¥6.9b13.7%0.04%
3.85%
T. Rowe Price Group, Inc.
2,202,000¥6.7b0%0.01%
3.65%
Asset Management One Co., Ltd.
2,087,600¥6.3b-19.6%0.06%
3.31%
The Vanguard Group, Inc.
1,891,951¥5.7b0.51%no data
3.23%
Sumitomo Mitsui DS Asset Management Company, Limited
1,844,600¥5.6b0%0.17%
3.05%
Daiwa Asset Management Co. Ltd.
1,739,900¥5.3b-0.09%0.04%
2.39%
Nikko Asset Management Co., Ltd.
1,363,000¥4.1b-11.19%0.01%
2.35%
Mitsubishi UFJ Trust and Banking Corporation, Asset Management Arm
1,343,200¥4.1b0%0.03%
2.18%
Mitsui Mining And Smelting Company Ltd, ESOP
1,248,000¥3.8b0%no data
2%
BlackRock, Inc.
1,140,141¥3.4b-0.88%no data
1.58%
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.
900,300¥2.7b0%0.02%
1.51%
Japan Tex Technology Co.,Ltd.
865,000¥2.6b0%no data
1.29%
Norges Bank Investment Management
736,022¥2.2b0%no data
1.27%
Mitsui Mining And Smelting Company Ltd, Client Stock Ownership Association
725,000¥2.2b0%no data
1.26%
Goldman Sachs Asset Management, L.P.
717,500¥2.2b112.24%0.01%
1.24%
Dimensional Fund Advisors LP
707,000¥2.1b0%no data
1.17%
Nomura Holdings Inc, Securities & Investment Arm
665,703¥2.0b0%0.08%
1.1%
JPMorgan Chase & Co, Brokerage and Securities Investments
627,925¥1.9b-30.08%0.01%
1.06%
Goldman Sachs Group, Investment Banking and Securities Investments
607,000¥1.8b0%0.01%
0.64%
Amundi Asset Management
365,647¥1.1b0.43%no data
0.48%
American Century Investment Management Inc
273,900¥828.5m8.3%no data
0.3%
Charles Schwab Investment Management, Inc.
172,576¥522.0m3.03%no data
0.28%
Sumitomo Mitsui Financial Group Inc., Asset Management Arm
161,800¥489.4m0%0.01%
0.28%
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Securities & Investments Arm
159,275¥481.8m0%0.09%

Company Information

Mitsui Mining & Smelting Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Mitsui Mining & Smelting Co., Ltd.
  • Ticker: 5706
  • Exchange: TSE
  • Founded: 1874
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: JP¥174.556b
  • Shares outstanding: 57.14m
  • Website: https://www.mitsui-kinzoku.com

Number of Employees


Location

  • Mitsui Mining & Smelting Co., Ltd.
  • 1-11-1 Osaki, Shinagawa-ku
  • 19th Floor
  • Tokyo
  • 141-8584
  • Japan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5706TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
MMGDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992
XZJC.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992
MMSM.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDDec 2012

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/28 00:00
Earnings2022/06/30
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.