Techno Quartz (TSE:5217) - Share price, News & Analysis

5217 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

5217 Stock Overview

Rewards

Price-To-Earnings ratio (10.1x) is below the JP market (12.3x)

Earnings have grown 21.8% per year over the past 5 years

Risk Analysis

Highly volatile share price over the past 3 months

High level of non-cash earnings

Techno Quartz Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Techno Quartz
Historical stock prices
Current Share Price	JP¥28,650.00
52 Week High	JP¥41,500.00
52 Week Low	JP¥26,500.00
Beta	0
1 Month Change	5.41%
3 Month Change	-27.47%
1 Year Change	-7.28%
3 Year Change	363.59%
5 Year Change	324.44%
Change since IPO	-28.38%

Shareholder Returns

	5217	JP Semiconductor	JP Market
7D	-3.0%	0.06%	1.9%
1Y	-7.3%	-9.9%	-6.2%

Return vs Industry: 5217 exceeded the JP Semiconductor industry which returned -9.9% over the past year.

Return vs Market: 5217 underperformed the JP Market which returned -6.2% over the past year.

Price Volatility

Is 5217's price volatile compared to industry and market?
5217 volatility
5217 Average Weekly Movement	8.5%
Semiconductor Industry Average Movement	6.0%
Market Average Movement	4.2%
10% most volatile stocks in JP Market	8.5%
10% least volatile stocks in JP Market	2.3%

Stable Share Price: 5217 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 5217's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

Founded	Employees	CEO	Website
1976	498	Ikunobu Sonoda	https://www.techno-q.com

Techno Quartz Inc. provides high-precision quartz glass, silicon, and ceramic products primarily for use in semiconductor and liquid crystal display manufacturing equipment, and analytics equipment in Japan. It offers vertical quartz boats; quartz pedestals; high-precision welded bell jars; gas distribution plates; quartz rings; quartz reaction tubes; and machining solutions. The company also provides single crystal silicon products that are used in semiconductor and flat panel displays manufacturing processes.

Techno Quartz Fundamentals Summary

How do Techno Quartz's earnings and revenue compare to its market cap?
5217 fundamental statistics
Market Cap	JP¥22.16b
Earnings (TTM)	JP¥2.20b
Revenue (TTM)	JP¥15.82b

10.1x

P/E Ratio

1.4x

P/S Ratio

Is 5217 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
5217 income statement (TTM)
Revenue	JP¥15.82b
Cost of Revenue	JP¥11.09b
Gross Profit	JP¥4.73b
Other Expenses	JP¥2.53b
Earnings	JP¥2.20b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	2.84k
Gross Margin	29.87%
Net Profit Margin	13.91%
Debt/Equity Ratio	10.4%

How did 5217 perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

12%

Payout Ratio

We’ve recently updated our valuation analysis.

Valuation

Is 5217 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 5217?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 5217. This is calculated by dividing 5217's market cap by their current preferred multiple.
What is 5217's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	JP¥22.16b

5217 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.3x
Enterprise Value/EBITDA	5.5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 5217's PE Ratio compare to its peers?

5217 PE Ratio vs Peers

The above table shows the PE ratio for 5217 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	10.4x

Forward PE

Price-To-Earnings vs Peers: 5217 is good value based on its Price-To-Earnings Ratio (10.1x) compared to the peer average (10.4x).

Price to Earnings Ratio vs Industry

How does 5217's PE Ratio compare vs other companies in the Japanese Semiconductor Industry?

Price-To-Earnings vs Industry: 5217 is good value based on its Price-To-Earnings Ratio (10.1x) compared to the JP Semiconductor industry average (10.8x)

Price to Earnings Ratio vs Fair Ratio

What is 5217'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.

5217 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 5217's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of 5217 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5217 (¥28650) is trading above our estimate of fair value (¥18730.75)

Significantly Below Fair Value: 5217 is trading above our estimate of fair value.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5217's PEG Ratio to determine if it is good value.

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Future Growth

How is Techno Quartz 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

10.9%

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 Techno Quartz 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 Techno Quartz's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has Techno Quartz performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

21.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 5217 has a high level of non-cash earnings.

Growing Profit Margin: 5217's current net profit margins (13.9%) are higher than last year (12.6%).

Past Earnings Growth Analysis

Earnings Trend: 5217's earnings have grown significantly by 21.8% per year over the past 5 years.

Accelerating Growth: 5217's earnings growth over the past year (37%) exceeds its 5-year average (21.8% per year).

Earnings vs Industry: 5217 earnings growth over the past year (37%) underperformed the Semiconductor industry 98.2%.

Return on Equity

High ROE: 5217's Return on Equity (16%) is considered low.

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Financial Health

How is Techno Quartz'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: 5217's short term assets (¥10.8B) exceed its short term liabilities (¥3.7B).

Long Term Liabilities: 5217's short term assets (¥10.8B) exceed its long term liabilities (¥872.0M).

Debt to Equity History and Analysis

Debt Level: 5217 has more cash than its total debt.

Reducing Debt: 5217's debt to equity ratio has reduced from 16% to 10.4% over the past 5 years.

Debt Coverage: 5217's debt is well covered by operating cash flow (162%).

Interest Coverage: 5217's interest payments on its debt are well covered by EBIT (527.3x coverage).

Balance Sheet

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Dividend

What is Techno Quartz current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.35%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 5217's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.68%).

High Dividend: 5217's dividend (0.35%) is low compared to the top 25% of dividend payers in the JP market (3.74%).

Stability and Growth of Payments

Stable Dividend: 5217 is not paying a notable dividend for the JP market, therefore no need to check if payments are stable.

Growing Dividend: 5217 is not paying a notable dividend for the JP market, therefore no need to check if payments are increasing.

Earnings Payout to Shareholders

Earnings Coverage: 5217 is not paying a notable dividend for the JP market.

Cash Payout to Shareholders

Cash Flow Coverage: 5217 is paying a dividend but the company has no free cash flows.

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Management

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

3.0yrs

Average management tenure

CEO

Ikunobu Sonoda (62 yo)

3yrs

Tenure

Mr. Ikunobu Sonoda was a Director at GL Sciences Inc since June, 2018 until 2019. Mr. Sonoda has been Managing Director, Chief Executive Officer, President and Director at Techno Quartz Inc. June 2019.

Leadership Team

Experienced Management: 5217's management team is considered experienced (3 years average tenure).

Board Members

Experienced Board: 5217's board of directors are considered experienced (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 not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/06/26 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2022/03/31
Annual Earnings	2022/03/31