6967 Stock Overview
Shinko Electric Industries Co., Ltd. manufactures and sells semiconductor packages for semiconductor and electronics manufacturers in Japan.
Shinko Electric Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥3,670.00|
|52 Week High||JP¥5,990.00|
|52 Week Low||JP¥3,210.00|
|1 Month Change||-21.16%|
|3 Month Change||-35.61%|
|1 Year Change||-10.27%|
|3 Year Change||302.41%|
|5 Year Change||285.91%|
|Change since IPO||331.77%|
Recent News & Updates
|6967||JP Semiconductor||JP Market|
Return vs Industry: 6967 matched the JP Semiconductor industry which returned -9.9% over the past year.
Return vs Market: 6967 underperformed the JP Market which returned -6.2% over the past year.
|6967 Average Weekly Movement||7.1%|
|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: 6967 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 6967's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of JP stocks.
About the Company
Shinko Electric Industries Co., Ltd. manufactures and sells semiconductor packages for semiconductor and electronics manufacturers in Japan. The company offers IC packages, including plastic-BGA substrates, build-up substrates, and lead frames. It also provides molded core embedded package for substitution of package on package and system in package, and small modules; high heat dissipation and high-density flip chip package for automotive infotainment and image processing processors; and module assembly solutions, as well as supports copper pillar, a terminal that connects an interposer with a semiconductor chip by thermal compression flip chip technology.
Shinko Electric Industries Fundamentals Summary
|6967 fundamental statistics|
Is 6967 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|6967 income statement (TTM)|
|Cost of Revenue||JP¥185.89b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||389.58|
|Net Profit Margin||19.35%|
How did 6967 perform over the long term?See historical performance and comparison
1.4%Current Dividend Yield
Is 6967 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 6967?
Other financial metrics that can be useful for relative valuation.
|What is 6967's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 6967's PE Ratio compare to its peers?
|6967 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: 6967 is good value based on its Price-To-Earnings Ratio (9.4x) compared to the peer average (21.2x).
Price to Earnings Ratio vs Industry
How does 6967's PE Ratio compare vs other companies in the Japanese Semiconductor Industry?
Price-To-Earnings vs Industry: 6967 is good value based on its Price-To-Earnings Ratio (9.4x) compared to the JP Semiconductor industry average (10.8x)
Price to Earnings Ratio vs Fair Ratio
What is 6967'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.
|Current PE Ratio||9.4x|
|Fair PE Ratio||16.6x|
Price-To-Earnings vs Fair Ratio: 6967 is good value based on its Price-To-Earnings Ratio (9.4x) compared to the estimated Fair Price-To-Earnings Ratio (16.6x).
Share Price vs Fair Value
What is the Fair Price of 6967 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 6967 (¥3670) is trading below our estimate of fair value (¥19141.68)
Significantly Below Fair Value: 6967 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 6967 is poor value based on its PEG Ratio (1x)
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How is Shinko Electric Industries forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6967's forecast earnings growth (9% per year) is above the savings rate (0.02%).
Earnings vs Market: 6967's earnings (9% per year) are forecast to grow faster than the JP market (9% per year).
High Growth Earnings: 6967's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6967's revenue (8.9% per year) is forecast to grow faster than the JP market (4.4% per year).
High Growth Revenue: 6967's revenue (8.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6967's Return on Equity is forecast to be low in 3 years time (19%).
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How has Shinko Electric Industries performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6967 has high quality earnings.
Growing Profit Margin: 6967's current net profit margins (19.4%) are higher than last year (9.6%).
Past Earnings Growth Analysis
Earnings Trend: 6967's earnings have grown significantly by 62.3% per year over the past 5 years.
Accelerating Growth: 6967's earnings growth over the past year (192.1%) exceeds its 5-year average (62.3% per year).
Earnings vs Industry: 6967 earnings growth over the past year (192.1%) exceeded the Semiconductor industry 100.7%.
Return on Equity
High ROE: 6967's Return on Equity (26.1%) is considered high.
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How is Shinko Electric Industries's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 6967's short term assets (¥192.8B) exceed its short term liabilities (¥114.8B).
Long Term Liabilities: 6967's short term assets (¥192.8B) exceed its long term liabilities (¥2.6B).
Debt to Equity History and Analysis
Debt Level: 6967 has more cash than its total debt.
Reducing Debt: 6967's debt to equity ratio has increased from 0.4% to 14.9% over the past 5 years.
Debt Coverage: 6967's debt is well covered by operating cash flow (223.9%).
Interest Coverage: 6967's interest payments on its debt are well covered by EBIT (10199.3x coverage).
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What is Shinko Electric Industries's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6967's dividend (1.36%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 6967's dividend (1.36%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Stability and Growth of Payments
Stable Dividend: 6967's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6967's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (1.3%), 6967's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.3%), 6967's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Susumu Kurashima serves as President & Representative Director at Shinko Electric Industries Co., Ltd. since 2021. Susumu Kurashima served as Executive Vice President and Corporate Officer at Shinko Electr...
Experienced Management: 6967's management team is considered experienced (2.4 years average tenure).
Experienced Board: 6967's board of directors are considered experienced (3.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Shinko Electric Industries Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Shinko Electric Industries Co., Ltd.
- Ticker: 6967
- Exchange: TSE
- Founded: 1946
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: JP¥495.780b
- Shares outstanding: 135.09m
- Website: https://www.shinko.co.jp
Number of Employees
- Shinko Electric Industries Co., Ltd.
- 80, Oshimada-machi
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 00:00|
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.