7947

FPTSE:7947 Stock Report

Market Cap

JP¥362.0b

7D

2.3%

1Y

2.2%

Updated

16 Sep, 2021

Data

Company Financials +
7947 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance5/6
Financial Health4/6
Dividends2/6

7947 Overview

FP Corporation manufactures and markets polystyrene and compound resin disposable food containers in Japan.

Price History & Performance

Summary of all time highs, changes and price drops for FP
Historical stock prices
Current Share PriceJP¥4,425.00
52 Week HighJP¥3,965.00
52 Week LowJP¥4,850.00
Beta0.025
1 Month Change4.36%
3 Month Change5.73%
1 Year Change2.19%
3 Year Change27.71%
5 Year Change56.92%
Change since IPO594.12%

Recent News & Updates

Shareholder Returns

7947JP PackagingJP Market
7D2.3%0.7%1.5%
1Y2.2%10.4%25.9%

Return vs Industry: 7947 underperformed the JP Packaging industry which returned 10.4% over the past year.

Return vs Market: 7947 underperformed the JP Market which returned 25.9% over the past year.

Price Volatility

Is 7947's price volatile compared to industry and market?
7947 volatility
7947 Beta0.025
Industry Beta0.62
Market Beta1

Stable Share Price: 7947 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 7947's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19624,753Morimasa Satohttps://www.fpco.jp

FP Corporation manufactures and markets polystyrene and compound resin disposable food containers in Japan. It provides food trays, paper and clear containers, egg cartons, microwaveable containers, film products, and other containers for general purpose, fresh fish, sushi, rice, meat, deli, events, and namakara sozai and other proposals applications. The company also markets related packaging materials.

Valuation

Is FP undervalued compared to its fair value and its price relative to the market?

11.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 7947 (¥4425) is trading below our estimate of fair value (¥4992.09)

Significantly Below Fair Value: 7947 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 7947 is poor value based on its PE Ratio (29x) compared to the JP Packaging industry average (13x).

PE vs Market: 7947 is poor value based on its PE Ratio (29x) compared to the JP market (15.2x).


Price to Earnings Growth Ratio

PEG Ratio: 7947 is poor value based on its PEG Ratio (4.3x)


Price to Book Ratio

PB vs Industry: 7947 is overvalued based on its PB Ratio (2.9x) compared to the JP Packaging industry average (0.5x).


Future Growth

How is FP forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

6.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 7947's forecast earnings growth (6.8% per year) is above the savings rate (0%).

Earnings vs Market: 7947's earnings (6.8% per year) are forecast to grow slower than the JP market (10.3% per year).

High Growth Earnings: 7947's earnings are forecast to grow, but not significantly.

Revenue vs Market: 7947's revenue (2.7% per year) is forecast to grow slower than the JP market (4.8% per year).

High Growth Revenue: 7947's revenue (2.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 7947's Return on Equity is forecast to be low in 3 years time (10.6%).


Past Performance

How has FP performed over the past 5 years?

4.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 7947 has high quality earnings.

Growing Profit Margin: 7947's current net profit margins (6.3%) are higher than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: 7947's earnings have grown by 4% per year over the past 5 years.

Accelerating Growth: 7947's earnings growth over the past year (10.4%) exceeds its 5-year average (4% per year).

Earnings vs Industry: 7947 earnings growth over the past year (10.4%) exceeded the Packaging industry 7.8%.


Return on Equity

High ROE: 7947's Return on Equity (10%) is considered low.


Financial Health

How is FP's financial position?


Financial Position Analysis

Short Term Liabilities: 7947's short term assets (¥82.4B) do not cover its short term liabilities (¥84.3B).

Long Term Liabilities: 7947's short term assets (¥82.4B) exceed its long term liabilities (¥44.6B).


Debt to Equity History and Analysis

Debt Level: 7947's debt to equity ratio (56.9%) is considered high.

Reducing Debt: 7947's debt to equity ratio has reduced from 58.7% to 56.9% over the past 5 years.

Debt Coverage: 7947's debt is well covered by operating cash flow (41%).

Interest Coverage: 7947 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is FP current dividend yield, its reliability and sustainability?

1.06%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 16 2021Ex Dividend DateSep 29 2021Dividend Pay DateNov 25 202157 days from Ex DividendBuy in the next 12 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 7947's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.27%).

High Dividend: 7947's dividend (1.06%) is low compared to the top 25% of dividend payers in the JP market (2.96%).


Stability and Growth of Payments

Stable Dividend: 7947's dividend payments have been volatile in the past 10 years.

Growing Dividend: 7947's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.4%), 7947's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

6.3yrs

Average management tenure


CEO

Morimasa Sato (62 yo)

12.25yrs

Tenure

Mr. Morimasa Sato has been the President and Chief Operating Officer of FP Corporation since June 2009. Mr. Sato served as Executive Managing Director of Moshi Moshi Hotline, Inc. He served as Managing Exe...


Leadership Team

Experienced Management: 7947's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: 7947's board of directors are seasoned and experienced ( 14.3 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 been diluted in the past year, with total shares outstanding growing by 4%.


Top Shareholders

Company Information

FP Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: FP Corporation
  • Ticker: 7947
  • Exchange: TSE
  • Founded: 1962
  • Industry: Metal and Glass Containers
  • Sector: Materials
  • Market Cap: JP¥361.990b
  • Shares outstanding: 81.81m
  • Website: https://www.fpco.jp

Number of Employees


Location

  • FP Corporation
  • 1-13-15 Akebono-cho
  • Fukuyama
  • Hiroshima
  • 721-8607
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 15:26
End of Day Share Price2021/09/16 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.