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6832

AOI Electronics TSE:6832 Stock Report

Last Price

JP¥1.91k

Market Cap

JP¥22.8b

7D

-0.2%

1Y

-20.1%

Updated

24 May, 2022

Data

Company Financials +
6832 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends4/6

6832 Stock Overview

AOI Electronics Co., Ltd. manufactures and sells electronic parts in Japan.

AOI Electronics Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AOI Electronics
Historical stock prices
Current Share PriceJP¥1,906.00
52 Week HighJP¥2,694.00
52 Week LowJP¥1,885.00
Beta1.15
1 Month Change-8.19%
3 Month Change-11.39%
1 Year Change-20.08%
3 Year Change8.73%
5 Year Change-49.24%
Change since IPO-71.12%

Recent News & Updates

Shareholder Returns

6832JP SemiconductorJP Market
7D-0.2%2.0%1.5%
1Y-20.1%13.7%-2.7%

Return vs Industry: 6832 underperformed the JP Semiconductor industry which returned 13.7% over the past year.

Return vs Market: 6832 underperformed the JP Market which returned -2.7% over the past year.

Price Volatility

Is 6832's price volatile compared to industry and market?
6832 volatility
6832 Average Weekly Movement2.9%
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: 6832 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 6832's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19692,296Koji Nakayamahttps://www.aoi-electronics.co.jp

AOI Electronics Co., Ltd. manufactures and sells electronic parts in Japan. It offers integrated circuits, modules, thick film thermal print heads, optical sensors, LED products, chip resistor networks, and micro electro mechanical system devices. The company was founded in 1969 and is headquartered in Takamatsu, Japan.

AOI Electronics Fundamentals Summary

How do AOI Electronics's earnings and revenue compare to its market cap?
6832 fundamental statistics
Market CapJP¥22.85b
Earnings (TTM)JP¥2.80b
Revenue (TTM)JP¥43.35b

8.2x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6832 income statement (TTM)
RevenueJP¥43.35b
Cost of RevenueJP¥35.55b
Gross ProfitJP¥7.80b
Other ExpensesJP¥5.00b
EarningsJP¥2.80b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)233.18
Gross Margin17.99%
Net Profit Margin6.45%
Debt/Equity Ratio1.6%

How did 6832 perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

24%

Payout Ratio

Valuation

Is AOI Electronics 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


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 6832 (¥1906) is trading below our estimate of fair value (¥8190.3)

Significantly Below Fair Value: 6832 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6832 is good value based on its Price-To-Earnings Ratio (8.2x) compared to the JP Semiconductor industry average (11.8x).

PE vs Market: 6832 is good value based on its Price-To-Earnings Ratio (8.2x) compared to the JP market (12.4x).


Price to Earnings Growth Ratio

PEG Ratio: 6832's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 6832 is good value based on its Price-To-Book Ratio (0.4x) compared to the JP Semiconductor industry average (1.5x).


Future Growth

How is AOI Electronics forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

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


-1.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6832's earnings are forecast to decline over the next 3 years (-1.5% per year).

Earnings vs Market: 6832's earnings are forecast to decline over the next 3 years (-1.5% per year).

High Growth Earnings: 6832's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 6832's revenue (1.9% per year) is forecast to grow slower than the JP market (4.1% per year).

High Growth Revenue: 6832's revenue (1.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6832's Return on Equity is forecast to be low in 3 years time (5.1%).


Past Performance

How has AOI Electronics 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


-26.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6832 has high quality earnings.

Growing Profit Margin: 6832's current net profit margins (6.5%) are higher than last year (2.6%).


Past Earnings Growth Analysis

Earnings Trend: 6832's earnings have declined by 26% per year over the past 5 years.

Accelerating Growth: 6832's earnings growth over the past year (165.5%) exceeds its 5-year average (-26% per year).

Earnings vs Industry: 6832 earnings growth over the past year (165.5%) exceeded the Semiconductor industry 100.7%.


Return on Equity

High ROE: 6832's Return on Equity (5.5%) is considered low.


Financial Health

How is AOI Electronics'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: 6832's short term assets (¥42.7B) exceed its short term liabilities (¥9.5B).

Long Term Liabilities: 6832's short term assets (¥42.7B) exceed its long term liabilities (¥721.0M).


Debt to Equity History and Analysis

Debt Level: 6832 has more cash than its total debt.

Reducing Debt: 6832's debt to equity ratio has reduced from 2.6% to 1.6% over the past 5 years.

Debt Coverage: 6832's debt is well covered by operating cash flow (505.1%).

Interest Coverage: 6832 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is AOI Electronics'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


2.94%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 6832's dividend (2.94%) is higher than the bottom 25% of dividend payers in the JP market (1.64%).

High Dividend: 6832's dividend (2.94%) is low compared to the top 25% of dividend payers in the JP market (3.68%).


Stability and Growth of Payments

Stable Dividend: 6832's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6832's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (24%), 6832's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (51.5%), 6832's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

12.9yrs

Average management tenure


CEO

Koji Nakayama (69 yo)

12.92yrs

Tenure

Mr. Koji Nakayama has been the President of AOI Electronics Co., Ltd. since June 2009 and serves as its Industry of Managing Director generalization technology department General Manager running as well de...


Leadership Team

Experienced Management: 6832's management team is seasoned and experienced (12.9 years average tenure).


Board Members

Experienced Board: 6832's board of directors are considered experienced (9.9 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

AOI Electronics Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: AOI Electronics Co., Ltd.
  • Ticker: 6832
  • Exchange: TSE
  • Founded: 1969
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: JP¥22.846b
  • Shares outstanding: 12.00m
  • Website: https://www.aoi-electronics.co.jp

Number of Employees


Location

  • AOI Electronics Co., Ltd.
  • 455-1, Kohzai Minamimachi
  • Takamatsu
  • Kagawa
  • 761-8014
  • 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.