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3374

Naigai Tec TSE:3374 Stock Report

Last Price

JP¥2.78k

Market Cap

JP¥9.7b

7D

-2.5%

1Y

-16.2%

Updated

24 May, 2022

Data

Company Financials
3374 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

3374 Stock Overview

Naigai Tec Corporation purchases, imports, exports, and sells pneumatic devices, pneumatic application devices, working machines, electric and electronic devices, and other tools.

Naigai Tec Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Naigai Tec
Historical stock prices
Current Share PriceJP¥2,778.00
52 Week HighJP¥4,235.00
52 Week LowJP¥2,354.00
Beta1.83
1 Month Change12.42%
3 Month Change9.20%
1 Year Change-16.20%
3 Year Change158.66%
5 Year Change-25.52%
Change since IPO26.27%

Recent News & Updates

Shareholder Returns

3374JP SemiconductorJP Market
7D-2.5%2.0%1.5%
1Y-16.2%13.7%-2.7%

Return vs Industry: 3374 underperformed the JP Semiconductor industry which returned 13.7% over the past year.

Return vs Market: 3374 underperformed the JP Market which returned -2.7% over the past year.

Price Volatility

Is 3374's price volatile compared to industry and market?
3374 volatility
3374 Average Weekly Movement6.3%
Semiconductor Industry Average Movement6.3%
Market Average Movement4.5%
10% most volatile stocks in JP Market8.9%
10% least volatile stocks in JP Market2.5%

Stable Share Price: 3374 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 3374's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
1961350Katsuro Iwaidahttps://www.naigaitec.co.jp

Naigai Tec Corporation purchases, imports, exports, and sells pneumatic devices, pneumatic application devices, working machines, electric and electronic devices, and other tools. The company procures and sells mechatronics, including pneumatic equipment, vacuum equipment, drive units, temperature and liquid control equipment, power supply equipment, aluminum frames and FA equipment, environmental and general industrial equipment, logistics and materials handling equipment, and products for semiconductor and liquid crystal industries. It also designs, develops, and manufactures tensile testing machines and durability evaluation machines for rubber materials; sun tracking solar units; creasers and sealing machines; semiconductor manufacturing equipment units, such as prototypes and mass production equipment; aluminum frames structures; labor-saving devices and automated machines; various testing machines for laboratories, universities, and graduate schools; control units for a range of air-related equipment, including drive and vacuum systems; and water-cooled control units.

Naigai Tec Fundamentals Summary

How do Naigai Tec's earnings and revenue compare to its market cap?
3374 fundamental statistics
Market CapJP¥9.69b
Earnings (TTM)JP¥1.54b
Revenue (TTM)JP¥37.55b

6.3x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3374 income statement (TTM)
RevenueJP¥37.55b
Cost of RevenueJP¥33.04b
Gross ProfitJP¥4.51b
Other ExpensesJP¥2.97b
EarningsJP¥1.54b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)441.90
Gross Margin12.02%
Net Profit Margin4.10%
Debt/Equity Ratio28.2%

How did 3374 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

14%

Payout Ratio

Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


42.7%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 3374 (¥2778) is trading below our estimate of fair value (¥4847.24)

Significantly Below Fair Value: 3374 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3374 is good value based on its Price-To-Earnings Ratio (6.3x) compared to the JP Semiconductor industry average (11.8x).

PE vs Market: 3374 is good value based on its Price-To-Earnings Ratio (6.3x) compared to the JP market (12.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3374's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3374 is good value based on its Price-To-Book Ratio (1x) compared to the JP Semiconductor industry average (1.5x).


Future Growth

How is Naigai Tec forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.8%

Forecasted Semiconductors 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 Naigai Tec 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 Naigai Tec performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


8.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 3374 has high quality earnings.

Growing Profit Margin: 3374's current net profit margins (4.1%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: 3374's earnings have grown by 8.3% per year over the past 5 years.

Accelerating Growth: 3374's earnings growth over the past year (107.4%) exceeds its 5-year average (8.3% per year).

Earnings vs Industry: 3374 earnings growth over the past year (107.4%) exceeded the Semiconductor industry 100.7%.


Return on Equity

High ROE: 3374's Return on Equity (16.2%) is considered low.


Financial Health

How is Naigai Tec's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 3374's short term assets (¥19.8B) exceed its short term liabilities (¥12.9B).

Long Term Liabilities: 3374's short term assets (¥19.8B) exceed its long term liabilities (¥2.9B).


Debt to Equity History and Analysis

Debt Level: 3374 has more cash than its total debt.

Reducing Debt: 3374's debt to equity ratio has reduced from 105.5% to 28.2% over the past 5 years.

Debt Coverage: 3374's debt is well covered by operating cash flow (87.6%).

Interest Coverage: 3374's interest payments on its debt are well covered by EBIT (106.1x coverage).


Balance Sheet


Dividend

What is Naigai Tec current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.41%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 3374's dividend (2.41%) is higher than the bottom 25% of dividend payers in the JP market (1.64%).

High Dividend: 3374's dividend (2.41%) is low compared to the top 25% of dividend payers in the JP market (3.68%).


Stability and Growth of Payments

Stable Dividend: 3374's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3374's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (14%), 3374's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (11.5%), 3374's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

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

7.3yrs

Average management tenure


CEO

Katsuro Iwaida (63 yo)

5.08yrs

Tenure

Mr. Katsuro Iwaida has been the President at Naigai TEC Corporation since April 1, 2017. Mr. Iwaida served as General Manager of Sales Division and Senior Managing Director at Naigai TEC Corporation since...


Leadership Team

Experienced Management: 3374's management team is seasoned and experienced (7.3 years average tenure).


Board Members

Experienced Board: 3374's board of directors are considered experienced (7.9 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

Naigai Tec Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Naigai Tec Corporation
  • Ticker: 3374
  • Exchange: TSE
  • Founded: 1961
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Implied Market Cap: JP¥9.687b
  • Shares outstanding: 3.49m
  • Website: https://www.naigaitec.co.jp

Number of Employees


Location

  • Naigai Tec Corporation
  • Sun Towers Center Building
  • 7th Floor
  • Tokyo
  • 154-0024
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 00:00
Earnings2022/03/31
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.