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Tokyo Rope Mfg TSE:5981 Stock Report

Last Price

JP¥1.05k

Market Cap

JP¥15.1b

7D

-15.0%

1Y

-17.6%

Updated

06 Aug, 2024

Data

Company Financials +

Tokyo Rope Mfg. Co., Ltd.

TSE:5981 Stock Report

Market Cap: JP¥15.1b

Tokyo Rope Mfg. Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tokyo Rope Mfg
Historical stock prices
Current Share PriceJP¥1,053.00
52 Week HighJP¥1,596.00
52 Week LowJP¥951.00
Beta1.25
11 Month Change-21.06%
3 Month Change-25.37%
1 Year Change-17.61%
33 Year Change-0.38%
5 Year Change21.73%
Change since IPO-88.16%

Recent News & Updates

Not Many Are Piling Into Tokyo Rope Mfg. Co., Ltd. (TSE:5981) Stock Yet As It Plummets 28%

Aug 06
Not Many Are Piling Into Tokyo Rope Mfg. Co., Ltd. (TSE:5981) Stock Yet As It Plummets 28%

We Think You Can Look Beyond Tokyo Rope Mfg's (TSE:5981) Lackluster Earnings

May 21
We Think You Can Look Beyond Tokyo Rope Mfg's (TSE:5981) Lackluster Earnings

Recent updates

Not Many Are Piling Into Tokyo Rope Mfg. Co., Ltd. (TSE:5981) Stock Yet As It Plummets 28%

Aug 06
Not Many Are Piling Into Tokyo Rope Mfg. Co., Ltd. (TSE:5981) Stock Yet As It Plummets 28%

We Think You Can Look Beyond Tokyo Rope Mfg's (TSE:5981) Lackluster Earnings

May 21
We Think You Can Look Beyond Tokyo Rope Mfg's (TSE:5981) Lackluster Earnings

Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last Year

Mar 25
Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last Year

Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥40.00

Feb 27
Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥40.00

Shareholder Returns

5981JP Metals and MiningJP Market
7D-15.0%-17.1%-18.6%
1Y-17.6%-13.7%-3.7%

Return vs Industry: 5981 underperformed the JP Metals and Mining industry which returned -13.7% over the past year.

Return vs Market: 5981 underperformed the JP Market which returned -3.7% over the past year.

Price Volatility

Is 5981's price volatile compared to industry and market?
5981 volatility
5981 Average Weekly Movement6.2%
Metals and Mining Industry Average Movement5.8%
Market Average Movement5.6%
10% most volatile stocks in JP Market9.0%
10% least volatile stocks in JP Market3.0%

Stable Share Price: 5981's share price has been volatile over the past 3 months.

Volatility Over Time: 5981's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18871,488Hideyuki Haradawww.tokyorope.co.jp

Tokyo Rope Mfg. Co., Ltd. manufactures and sells wire ropes, steel cords, and carbon fiber composite cables (CFCCs) in Japan and internationally. It offers its wire ropes that are used in cranes, elevators, forestry and fisheries, rope slings, and cableways; galvanized wires and strands for use in electric power and communication fields; and steel cords, including steel tire cords that are used in steel radial tires, hose wires to reinforce high pressure hose, and saw wires to produce wafers and chips. The company also provides engineering, bridge and structural cable, and CFCC, as well as aluminum conductor fiber reinforced products.

Tokyo Rope Mfg. Co., Ltd. Fundamentals Summary

How do Tokyo Rope Mfg's earnings and revenue compare to its market cap?
5981 fundamental statistics
Market capJP¥15.11b
Earnings (TTM)JP¥2.04b
Revenue (TTM)JP¥64.23b

8.2x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
5981 income statement (TTM)
RevenueJP¥64.23b
Cost of RevenueJP¥50.08b
Gross ProfitJP¥14.15b
Other ExpensesJP¥12.11b
EarningsJP¥2.04b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 08, 2024

Earnings per share (EPS)129.05
Gross Margin22.03%
Net Profit Margin3.18%
Debt/Equity Ratio65.7%

How did 5981 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

14%

Payout Ratio
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