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6941

Yamaichi ElectronicsLtd TSE:6941 Stock Report

Last Price

JP¥1.85k

Market Cap

JP¥38.4b

7D

4.6%

1Y

17.7%

Updated

23 May, 2022

Data

Company Financials +
6941 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends3/6

6941 Stock Overview

Yamaichi Electronics Co.,Ltd. manufactures and sells test, connector, and optical-related products in Japan and internationally.

Yamaichi ElectronicsLtd Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Yamaichi ElectronicsLtd
Historical stock prices
Current Share PriceJP¥1,847.00
52 Week HighJP¥2,480.00
52 Week LowJP¥1,497.00
Beta1.26
1 Month Change9.94%
3 Month Change0.054%
1 Year Change17.72%
3 Year Change100.11%
5 Year Change-1.70%
Change since IPO-45.53%

Recent News & Updates

Shareholder Returns

6941JP SemiconductorJP Market
7D4.6%3.3%0.7%
1Y17.7%15.2%-2.9%

Return vs Industry: 6941 exceeded the JP Semiconductor industry which returned 15.2% over the past year.

Return vs Market: 6941 exceeded the JP Market which returned -2.9% over the past year.

Price Volatility

Is 6941's price volatile compared to industry and market?
6941 volatility
6941 Average Weekly Movement5.6%
Semiconductor Industry Average Movement6.5%
Market Average Movement4.6%
10% most volatile stocks in JP Market9.1%
10% least volatile stocks in JP Market2.5%

Stable Share Price: 6941 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 6941's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19561,814Junichi Kameyahttps://www.yamaichi.co.jp

Yamaichi Electronics Co.,Ltd. manufactures and sells test, connector, and optical-related products in Japan and internationally. The company offers IC sockets for burn-in and test, and probe cards, as well as burn-in and board maintenance and repair services.

Yamaichi ElectronicsLtd Fundamentals Summary

How do Yamaichi ElectronicsLtd's earnings and revenue compare to its market cap?
6941 fundamental statistics
Market CapJP¥38.45b
Earnings (TTM)JP¥6.77b
Revenue (TTM)JP¥39.57b

5.8x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6941 income statement (TTM)
RevenueJP¥39.57b
Cost of RevenueJP¥23.69b
Gross ProfitJP¥15.88b
Other ExpensesJP¥9.11b
EarningsJP¥6.77b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)320.36
Gross Margin40.13%
Net Profit Margin17.11%
Debt/Equity Ratio10.0%

How did 6941 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

13%

Payout Ratio

Valuation

Is Yamaichi ElectronicsLtd 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: 6941 (¥1847) is trading below our estimate of fair value (¥5756.55)

Significantly Below Fair Value: 6941 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6941 is good value based on its PE Ratio (5.8x) compared to the JP Semiconductor industry average (11.6x).

PE vs Market: 6941 is good value based on its PE Ratio (5.8x) compared to the JP market (12.2x).


Price to Earnings Growth Ratio

PEG Ratio: 6941's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 6941 is good value based on its PB Ratio (1.2x) compared to the JP Semiconductor industry average (1.5x).


Future Growth

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

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-0.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6941's earnings are forecast to decline over the next 3 years (-0.1% per year).

Earnings vs Market: 6941's earnings are forecast to decline over the next 3 years (-0.1% per year).

High Growth Earnings: 6941's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 6941's revenue (4.3% per year) is forecast to grow faster than the JP market (4% per year).

High Growth Revenue: 6941's revenue (4.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 6941's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Yamaichi ElectronicsLtd performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6941 has high quality earnings.

Growing Profit Margin: 6941's current net profit margins (17.1%) are higher than last year (9.4%).


Past Earnings Growth Analysis

Earnings Trend: 6941's earnings have grown by 11.8% per year over the past 5 years.

Accelerating Growth: 6941's earnings growth over the past year (161.2%) exceeds its 5-year average (11.8% per year).

Earnings vs Industry: 6941 earnings growth over the past year (161.2%) exceeded the Semiconductor industry 100.7%.


Return on Equity

High ROE: 6941's Return on Equity (21.2%) is considered high.


Financial Health

How is Yamaichi ElectronicsLtd'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: 6941's short term assets (¥30.2B) exceed its short term liabilities (¥10.7B).

Long Term Liabilities: 6941's short term assets (¥30.2B) exceed its long term liabilities (¥2.7B).


Debt to Equity History and Analysis

Debt Level: 6941 has more cash than its total debt.

Reducing Debt: 6941's debt to equity ratio has reduced from 23.8% to 10% over the past 5 years.

Debt Coverage: 6941's debt is well covered by operating cash flow (239%).

Interest Coverage: 6941's interest payments on its debt are well covered by EBIT (155.1x coverage).


Balance Sheet


Dividend

What is Yamaichi ElectronicsLtd current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.41%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 6941's dividend (3.41%) is higher than the bottom 25% of dividend payers in the JP market (1.64%).

High Dividend: 6941's dividend (3.41%) is low compared to the top 25% of dividend payers in the JP market (3.7%).


Stability and Growth of Payments

Stable Dividend: 6941 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 6941's dividend payments have increased, but the company has only paid a dividend for 8 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (13.2%), 6941's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (25.1%), 6941's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

3.9yrs

Average board tenure


CEO

Junichi Kameya (57 yo)

0.92

Tenure

Mr. Junichi Kameya has been the President of Yamaichi Electronics Co.,Ltd. since 2021 and served as its Senior Executive Officer and Manager of Connector Solution Business Department since June 2013 and Ap...


Board Members

Experienced Board: 6941's board of directors are considered experienced (3.9 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

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


Key Information

  • Name: Yamaichi Electronics Co.,Ltd.
  • Ticker: 6941
  • Exchange: TSE
  • Founded: 1956
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: JP¥38.446b
  • Shares outstanding: 21.14m
  • Website: https://www.yamaichi.co.jp

Number of Employees


Location

  • Yamaichi Electronics Co.,Ltd.
  • Technoport Taiju Seimei Building
  • 2-16-2, Minamikamata
  • Tokyo
  • 144-8581
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 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.