8908 Stock Overview
Mainichi Comnet Co., Ltd. engages in the real estate business in Japan.
Mainichi Comnet Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥639.00|
|52 Week High||JP¥805.00|
|52 Week Low||JP¥631.00|
|1 Month Change||-6.99%|
|3 Month Change||-11.74%|
|1 Year Change||-12.71%|
|3 Year Change||-12.94%|
|5 Year Change||-13.77%|
|Change since IPO||590.81%|
Recent News & Updates
|8908||JP Real Estate||JP Market|
Return vs Industry: 8908 underperformed the JP Real Estate industry which returned -1% over the past year.
Return vs Market: 8908 underperformed the JP Market which returned -7% over the past year.
|8908 Average Weekly Movement||2.7%|
|Real Estate Industry Average Movement||3.7%|
|Market Average Movement||4.2%|
|10% most volatile stocks in JP Market||8.4%|
|10% least volatile stocks in JP Market||2.2%|
Stable Share Price: 8908 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 8908's weekly volatility (3%) has been stable over the past year.
About the Company
Mainichi Comnet Co., Ltd. engages in the real estate business in Japan. The company is involved in the planning, design supervision, and development of real estate; property management of student condominiums and university dormitories; real estate brokerage and consulting business related to real estate use; and production of advertising materials for real estate tenant recruitment, as well as advertising agency business. It also plans and arranges training camps and trips; plans and manages various sports competitions and international exchange programs; and offers job hunting support, employment seminars, and driving school placement services.
Mainichi Comnet Fundamentals Summary
|8908 fundamental statistics|
Is 8908 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|8908 income statement (TTM)|
|Cost of Revenue||JP¥14.47b|
Last Reported Earnings
Feb 28, 2022
Next Earnings Date
Jul 13, 2022
|Earnings per share (EPS)||71.33|
|Net Profit Margin||6.44%|
How did 8908 perform over the long term?See historical performance and comparison
4.4%Current Dividend Yield
Is 8908 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 8908?
Other financial metrics that can be useful for relative valuation.
|What is 8908's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 8908's PE Ratio compare to its peers?
|8908 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
3242 Urbanet CorporationLtd
3299 MUGEN ESTATELtd
8908 Mainichi Comnet
Price-To-Earnings vs Peers: 8908 is good value based on its Price-To-Earnings Ratio (9x) compared to the peer average (9.4x).
Price to Earnings Ratio vs Industry
How does 8908's PE Ratio compare vs other companies in the JP Real Estate Industry?
Price-To-Earnings vs Industry: 8908 is good value based on its Price-To-Earnings Ratio (9x) compared to the JP Real Estate industry average (9.9x)
Price to Earnings Ratio vs Fair Ratio
What is 8908'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.
|Current PE Ratio||9x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 8908's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 8908 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 8908 (¥639) is trading below our estimate of fair value (¥1963.06)
Significantly Below Fair Value: 8908 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8908's PEG Ratio to determine if it is good value.
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How is Mainichi Comnet forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Real Estate 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 Mainichi Comnet 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.
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- Examine whether Mainichi Comnet is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
How has Mainichi Comnet performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8908 has high quality earnings.
Growing Profit Margin: 8908's current net profit margins (6.4%) are higher than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: 8908's earnings have declined by 0.7% per year over the past 5 years.
Accelerating Growth: 8908's earnings growth over the past year (174.4%) exceeds its 5-year average (-0.7% per year).
Earnings vs Industry: 8908 earnings growth over the past year (174.4%) exceeded the Real Estate industry 16.1%.
Return on Equity
High ROE: 8908's Return on Equity (13.3%) is considered low.
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How is Mainichi Comnet's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 8908's short term assets (¥20.0B) exceed its short term liabilities (¥8.0B).
Long Term Liabilities: 8908's short term assets (¥20.0B) exceed its long term liabilities (¥9.9B).
Debt to Equity History and Analysis
Debt Level: 8908's net debt to equity ratio (62.1%) is considered high.
Reducing Debt: 8908's debt to equity ratio has increased from 95.5% to 139.4% over the past 5 years.
Debt Coverage: 8908's debt is well covered by operating cash flow (20.4%).
Interest Coverage: 8908's interest payments on its debt are well covered by EBIT (28.7x coverage).
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What is Mainichi Comnet current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8908's dividend (4.38%) is higher than the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 8908's dividend (4.38%) is in the top 25% of dividend payers in the JP market (3.74%)
Stability and Growth of Payments
Stable Dividend: 8908's dividends per share have been stable in the past 10 years.
Growing Dividend: 8908's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), 8908's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.5%), 8908's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mamoru Ito (71 yo)
Mamoru Ito has been the President and Representative Director of Mainichi Comnet Co. Ltd. since April 1979. Mamoru Ito has been the President and Representative Director of K.K.Gakusei Service Plaza sinc...
Experienced Management: 8908's management team is seasoned and experienced (14.4 years average tenure).
Experienced Board: 8908's board of directors are seasoned and experienced ( 14.4 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.
Mainichi Comnet Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Mainichi Comnet Co., Ltd.
- Ticker: 8908
- Exchange: TSE
- Founded: 1972
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Implied Market Cap: JP¥11.502b
- Shares outstanding: 18.00m
- Website: https://www.maicom.co.jp
Number of Employees
- Mainichi Comnet Co., Ltd.
- Otemachi Nomura Building
- 15th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/02 00:00|
|End of Day Share Price||2022/07/01 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.