| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
6890 Stock Overview
Ferrotec Holdings Corporation engages in semiconductor equipment-related, electronic device, and other businesses in Japan and internationally.
Ferrotec Holdings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | JP¥2,828.00 |
| 52 Week High | JP¥4,695.00 |
| 52 Week Low | JP¥1,970.00 |
| Beta | 2.2 |
| 1 Month Change | -4.75% |
| 3 Month Change | 2.80% |
| 1 Year Change | -17.19% |
| 3 Year Change | 215.98% |
| 5 Year Change | 90.95% |
| Change since IPO | 19.83% |
Recent News & Updates
Shareholder Returns
| 6890 | JP Semiconductor | JP Market | |
|---|---|---|---|
| 7D | 9.2% | 3.2% | 1.8% |
| 1Y | -17.2% | -6.4% | -4.7% |
Return vs Industry: 6890 underperformed the JP Semiconductor industry which returned -6.4% over the past year.
Return vs Market: 6890 underperformed the JP Market which returned -4.7% over the past year.
Price Volatility
| 6890 volatility | |
|---|---|
| 6890 Average Weekly Movement | 9.4% |
| 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: 6890 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 6890'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 |
|---|---|---|---|
| 1980 | 7,380 | Xian Han He | https://www.ferrotec.co.jp |
Ferrotec Holdings Corporation engages in semiconductor equipment-related, electronic device, and other businesses in Japan and internationally. The company offers vacuum seals, silicon wafers, vacuum coating systems, quartz products, ceramics products, CVD-SiC parts, silicon parts, and quartz crucibles, as well as parts cleaning services for semiconductor and FPD manufacturing equipment. It also provides ferrofluids; thermo-electric modules; power semiconductor DCB and AMB substrates; ingots, wafers, and cells for solar modules; industrial cleaning equipment; and machine blades.
Ferrotec Holdings Fundamentals Summary
| 6890 fundamental statistics | |
|---|---|
| Market Cap | JP¥126.68b |
| Earnings (TTM) | JP¥26.66b |
| Revenue (TTM) | JP¥133.82b |
4.8x
P/E Ratio0.9x
P/S RatioIs 6890 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 6890 income statement (TTM) | |
|---|---|
| Revenue | JP¥133.82b |
| Cost of Revenue | JP¥85.14b |
| Gross Profit | JP¥48.68b |
| Other Expenses | JP¥22.02b |
| Earnings | JP¥26.66b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 12, 2022
| Earnings per share (EPS) | 595.12 |
| Gross Margin | 36.38% |
| Net Profit Margin | 19.92% |
| Debt/Equity Ratio | 23.3% |
How did 6890 perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield5%
Payout RatioValuation
Is 6890 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
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 6890?
Other financial metrics that can be useful for relative valuation.
| What is 6890's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | JP¥126.68b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.1x |
| Enterprise Value/EBITDA | 4.7x |
| PEG Ratio | -2x |
Price to Earnings Ratio vs Peers
How does 6890's PE Ratio compare to its peers?
| 6890 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 17.2x | ||
7729 Tokyo Seimitsu | 8.8x | 7.2% | JP¥188.5b |
4369 Tri Chemical Laboratories | 16.6x | 7.4% | JP¥73.8b |
6323 Rorze | 12.3x | 17.3% | JP¥157.6b |
6055 JAPAN MATERIAL | 31.1x | 12.2% | JP¥209.3b |
6890 Ferrotec Holdings | 4.8x | -2.4% | JP¥126.7b |
Price-To-Earnings vs Peers: 6890 is good value based on its Price-To-Earnings Ratio (4.8x) compared to the peer average (17.2x).
Price to Earnings Ratio vs Industry
How does 6890's PE Ratio compare vs other companies in the JP Semiconductor Industry?
Price-To-Earnings vs Industry: 6890 is good value based on its Price-To-Earnings Ratio (4.8x) compared to the JP Semiconductor industry average (11.1x)
Price to Earnings Ratio vs Fair Ratio
What is 6890'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 4.8x |
| Fair PE Ratio | 12.3x |
Price-To-Earnings vs Fair Ratio: 6890 is good value based on its Price-To-Earnings Ratio (4.8x) compared to the estimated Fair Price-To-Earnings Ratio (12.3x).
Share Price vs Fair Value
What is the Fair Price of 6890 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 6890 (¥2828) is trading above our estimate of fair value (¥1342.75)
Significantly Below Fair Value: 6890 is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: 6890's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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Future Growth
How is Ferrotec Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-2.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6890's earnings are forecast to decline over the next 3 years (-2.4% per year).
Earnings vs Market: 6890's earnings are forecast to decline over the next 3 years (-2.4% per year).
High Growth Earnings: 6890's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 6890's revenue (17.2% per year) is forecast to grow faster than the JP market (4.5% per year).
High Growth Revenue: 6890's revenue (17.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6890's Return on Equity is forecast to be low in 3 years time (14.5%).
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Past Performance
How has Ferrotec Holdings performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
51.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6890 has a high level of non-cash earnings.
Growing Profit Margin: 6890's current net profit margins (19.9%) are higher than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: 6890's earnings have grown significantly by 51.7% per year over the past 5 years.
Accelerating Growth: 6890's earnings growth over the past year (222%) exceeds its 5-year average (51.7% per year).
Earnings vs Industry: 6890 earnings growth over the past year (222%) exceeded the Semiconductor industry 98.2%.
Return on Equity
High ROE: 6890's Return on Equity (17.3%) is considered low.
Discover strong past performing companies
Financial Health
How is Ferrotec Holdings's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 6890's short term assets (¥133.4B) exceed its short term liabilities (¥68.8B).
Long Term Liabilities: 6890's short term assets (¥133.4B) exceed its long term liabilities (¥35.0B).
Debt to Equity History and Analysis
Debt Level: 6890 has more cash than its total debt.
Reducing Debt: 6890's debt to equity ratio has reduced from 55.8% to 23.3% over the past 5 years.
Debt Coverage: 6890's debt is well covered by operating cash flow (47.5%).
Interest Coverage: 6890's interest payments on its debt are well covered by EBIT (40.6x coverage).
Balance Sheet
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Dividend
What is Ferrotec Holdings's current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.48%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6890's dividend (2.48%) is higher than the bottom 25% of dividend payers in the JP market (1.67%).
High Dividend: 6890's dividend (2.48%) is low compared to the top 25% of dividend payers in the JP market (3.71%).
Stability and Growth of Payments
Stable Dividend: 6890's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6890's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.8%), 6890's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6890 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.9yrs
Average management tenure
CEO
Xian Han He (65 yo)
1.92yrs
Tenure
JP¥497,092,000
Compensation
Mr. Xian Han He has been President of Shanghai Hanhong International Trading Co., Ltd. since February 2003. Mr. He has been President of Advanced Quartz Material (Hangzhou) Co., Ltd.since October 2006. He...
CEO Compensation Analysis
Compensation vs Market: Xian Han's total compensation ($USD3.68M) is above average for companies of similar size in the JP market ($USD1.54M).
Compensation vs Earnings: Xian Han's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 6890's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
Experienced Board: 6890's board of directors are considered experienced (7 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 been diluted in the past year, with total shares outstanding growing by 20.3%.
Top Shareholders
Company Information
Ferrotec Holdings Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Ferrotec Holdings Corporation
- Ticker: 6890
- Exchange: TSE
- Founded: 1980
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Implied Market Cap: JP¥126.683b
- Shares outstanding: 44.80m
- Website: https://www.ferrotec.co.jp
Number of Employees
Location
- Ferrotec Holdings Corporation
- Nihonbashi Plaza Building
- 2-3-4 Nihonbashi
- Tokyo
- 103-0027
- Japan
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/28 00:00 |
| End of Day Share Price | 2022/06/28 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.