Shibaura Mechatronics (TSE:6590) - Share price, News & Analysis

6590 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	4/6
Financial Health	6/6
Dividends	4/6

6590 Stock Overview

Rewards

Earnings are forecast to grow 24.93% per year

Earnings have grown 6.8% per year over the past 5 years

Risk Analysis

Unstable dividend track record

Volatile share price over the past 3 months

Shibaura Mechatronics Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shibaura Mechatronics
Historical stock prices
Current Share Price	JP¥10,780.00
52 Week High	JP¥10,970.00
52 Week Low	JP¥6,090.00
Beta	1.69
1 Month Change	41.10%
3 Month Change	36.80%
1 Year Change	77.01%
3 Year Change	303.29%
5 Year Change	216.13%
Change since IPO	28.33%

Shareholder Returns

	6590	JP Semiconductor	JP Market
7D	35.8%	1.8%	-0.7%
1Y	77.0%	13.6%	-4.2%

Return vs Industry: 6590 exceeded the JP Semiconductor industry which returned 13.6% over the past year.

Return vs Market: 6590 exceeded the JP Market which returned -4.2% over the past year.

Price Volatility

Is 6590's price volatile compared to industry and market?
6590 volatility
6590 Average Weekly Movement	8.9%
Semiconductor Industry Average Movement	6.7%
Market Average Movement	4.6%
10% most volatile stocks in JP Market	9.2%
10% least volatile stocks in JP Market	2.5%

Stable Share Price: 6590 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 6590'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
1939	1,224	Keigo Imamura	https://www.shibaura.co.jp

Shibaura Mechatronics Corporation, together with its subsidiaries, produces and sells manufacturing equipment for flat panel displays (FPDs), semiconductors, electronic components, and optical thin films in Japan, Northeastern Asia, and internationally. It operates in four segments: Fine Mechatronics, Mechatronics Systems, Vending Machines & Systems, and Real Estate Leasing. The Fine Mechatronics segment offers FPD manufacturing equipment, such as wet cleaning, developing, etching, stripping, and cell assembly equipment, as well as PI inkjet coaters; semiconductor manufacturing equipment, including wafer inspection, etching, aching, and wet cleaning equipment; and railroad maintenance equipment and other items.

Shibaura Mechatronics Fundamentals Summary

How do Shibaura Mechatronics's earnings and revenue compare to its market cap?
6590 fundamental statistics
Market Cap	JP¥47.62b
Earnings (TTM)	JP¥2.98b
Revenue (TTM)	JP¥49.27b

16.0x

P/E Ratio

1.0x

P/S Ratio

Is 6590 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
6590 income statement (TTM)
Revenue	JP¥49.27b
Cost of Revenue	JP¥32.46b
Gross Profit	JP¥16.81b
Other Expenses	JP¥13.83b
Earnings	JP¥2.98b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	675.22
Gross Margin	34.11%
Net Profit Margin	6.05%
Debt/Equity Ratio	41.2%

How did 6590 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

16%

Payout Ratio

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

15.97x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 6590 (¥10780) is trading above our estimate of fair value (¥4465.47)

Significantly Below Fair Value: 6590 is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: 6590 is poor value based on its PE Ratio (16x) compared to the JP Semiconductor industry average (11.9x).

PE vs Market: 6590 is poor value based on its PE Ratio (16x) compared to the JP market (12.2x).

Price to Earnings Growth Ratio

PEG Ratio: 6590 is good value based on its PEG Ratio (0.6x)

Price to Book Ratio

PB vs Industry: 6590 is overvalued based on its PB Ratio (1.9x) compared to the JP Semiconductor industry average (1.5x).

Future Growth

How is Shibaura Mechatronics forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

24.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6590's forecast earnings growth (24.9% per year) is above the savings rate (0.02%).

Earnings vs Market: 6590's earnings (24.9% per year) are forecast to grow faster than the JP market (8.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 6590's revenue (8.4% per year) is forecast to grow faster than the JP market (4% per year).

High Growth Revenue: 6590's revenue (8.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 6590's Return on Equity is forecast to be low in 3 years time (15.5%).

Past Performance

How has Shibaura Mechatronics performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

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

6.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6590 has high quality earnings.

Growing Profit Margin: 6590's current net profit margins (6.1%) are higher than last year (4.4%).

Past Earnings Growth Analysis

Earnings Trend: 6590's earnings have grown by 6.8% per year over the past 5 years.

Accelerating Growth: 6590's earnings growth over the past year (51.5%) exceeds its 5-year average (6.8% per year).

Earnings vs Industry: 6590 earnings growth over the past year (51.5%) underperformed the Semiconductor industry 100.7%.

Return on Equity

High ROE: 6590's Return on Equity (12.1%) is considered low.

Financial Health

How is Shibaura Mechatronics'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: 6590's short term assets (¥56.2B) exceed its short term liabilities (¥29.1B).

Long Term Liabilities: 6590's short term assets (¥56.2B) exceed its long term liabilities (¥15.1B).

Debt to Equity History and Analysis

Debt Level: 6590 has more cash than its total debt.

Reducing Debt: 6590's debt to equity ratio has reduced from 70.2% to 41.2% over the past 5 years.

Debt Coverage: 6590's debt is well covered by operating cash flow (81.7%).

Interest Coverage: 6590's interest payments on its debt are well covered by EBIT (59.4x coverage).

Balance Sheet

Dividend

What is Shibaura Mechatronics's 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

1.86%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 6590's dividend (1.86%) is higher than the bottom 25% of dividend payers in the JP market (1.65%).

High Dividend: 6590's dividend (1.86%) is low compared to the top 25% of dividend payers in the JP market (3.69%).

Stability and Growth of Payments

Stable Dividend: 6590's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6590's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.3%), 6590's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (11.2%), 6590'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?

CEO

Keigo Imamura

1.33yrs

Tenure

Mr. Keigo Imamura serves as President, Chief Executive Officer and Representative Director at Shibaura Mechatronics Corporation since 2021 and also served as an Executive Vice President and Executive Gener...

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	2022/05/20 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2022/03/31
Annual Earnings	2022/03/31