Miraial Co., Ltd. engages in the manufacture and sale of plastic and metal machining for semiconductor, automotive, medical device, and electronic components industries in Japan. More Details
Flawless balance sheet and fair value.
Share Price & News
How has Miraial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4238 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 4238's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 4238 underperformed the JP Semiconductor industry which returned 94.2% over the past year.
Return vs Market: 4238 underperformed the JP Market which returned 30.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Miraial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Miraial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 4238 (¥1317) is trading above our estimate of fair value (¥503.12)
Significantly Below Fair Value: 4238 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 4238 is good value based on its PE Ratio (11.7x) compared to the JP Semiconductor industry average (26.6x).
PE vs Market: 4238 is good value based on its PE Ratio (11.7x) compared to the JP market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 4238's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 4238 is good value based on its PB Ratio (0.6x) compared to the JP Semiconductor industry average (2.3x).
How is Miraial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Miraial 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.
How has Miraial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4238 has a large one-off gain of ¥635.0M impacting its January 31 2021 financial results.
Growing Profit Margin: 4238's current net profit margins (10.4%) are higher than last year (9.5%).
Past Earnings Growth Analysis
Earnings Trend: 4238's earnings have grown significantly by 29% per year over the past 5 years.
Accelerating Growth: 4238's earnings growth over the past year (10.9%) is below its 5-year average (29% per year).
Earnings vs Industry: 4238 earnings growth over the past year (10.9%) underperformed the Semiconductor industry 30.4%.
Return on Equity
High ROE: 4238's Return on Equity (5.3%) is considered low.
How is Miraial's financial position?
Financial Position Analysis
Short Term Liabilities: 4238's short term assets (¥15.6B) exceed its short term liabilities (¥2.8B).
Long Term Liabilities: 4238's short term assets (¥15.6B) exceed its long term liabilities (¥811.0M).
Debt to Equity History and Analysis
Debt Level: 4238 is debt free.
Reducing Debt: 4238 has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Debt Coverage: 4238 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4238 has no debt, therefore coverage of interest payments is not a concern.
What is Miraial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 4238's dividend (2.28%) is higher than the bottom 25% of dividend payers in the JP market (1.23%).
High Dividend: 4238's dividend (2.28%) is low compared to the top 25% of dividend payers in the JP market (2.82%).
Stability and Growth of Payments
Stable Dividend: 4238 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 4238 has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.7%), 4238'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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Masatoshi Hyobu (46 yo)
Mr. Masatoshi Hyobu serves as President at Sanjo Seiki Co., Ltd. He has been President since April 2019 and served as Senior Executive Managing Director of Miraial Co., Ltd. until April 2019. Mr. Hyobu ser...
Experienced Management: 4238's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.
Experienced Board: 4238's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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.
Miraial Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Miraial Co., Ltd.
- Ticker: 4238
- Exchange: TSE
- Founded: 1968
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: JP¥12.187b
- Shares outstanding: 9.00m
- Website: https://www.miraial.co.jp
Number of Employees
- Miraial Co., Ltd.
- NISSAY Ikebukuro Building
- 1-24-1, Higashi-Ikebukuro
Miraial Co., Ltd. engages in the manufacture and sale of plastic and metal machining for semiconductor, automotive, medical device, and electronic components industries in Japan. The company offers wafer h...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/11 08:15|
|End of Day Share Price||2021/05/11 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.