Hibino Corporation, together with its subsidiaries, designs, sells, installs, and maintains of audio equipment in Japan and internationally. More Details
Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has Hibino's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2469 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 2469's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of JP stocks.
7 Day Return
1 Year Return
Return vs Industry: 2469 underperformed the JP Electronic industry which returned 35.7% over the past year.
Return vs Market: 2469 underperformed the JP Market which returned 31.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Hibino's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StLooking For Steady Income For Your Dividend Portfolio? Is Hibino Corporation (TYO:2469) A Good Fit?
2 months ago | Simply Wall StOne Analyst Thinks Hibino Corporation's (TYO:2469) Revenues Are Under Threat
3 months ago | Simply Wall StHow Much Did Hibino's(TYO:2469) Shareholders Earn From Share Price Movements Over The Last Year?
Is Hibino undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2469 (¥1380) is trading below our estimate of fair value (¥1629.73)
Significantly Below Fair Value: 2469 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 2469 is unprofitable, so we can't compare its PE Ratio to the JP Electronic industry average.
PE vs Market: 2469 is unprofitable, so we can't compare its PE Ratio to the JP market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2469's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2469 is overvalued based on its PB Ratio (1.8x) compared to the JP Electronic industry average (1x).
How is Hibino forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2469 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0%).
Earnings vs Market: 2469 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 2469's is expected to become profitable in the next 3 years.
Revenue vs Market: 2469's revenue (13.9% per year) is forecast to grow faster than the JP market (5.5% per year).
High Growth Revenue: 2469's revenue (13.9% 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 2469's Return on Equity is forecast to be high in 3 years time
How has Hibino performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2469 is currently unprofitable.
Growing Profit Margin: 2469 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 2469 is unprofitable, and losses have increased over the past 5 years at a rate of 46% per year.
Accelerating Growth: Unable to compare 2469's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2469 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (1.9%).
Return on Equity
High ROE: 2469 has a negative Return on Equity (-28.9%), as it is currently unprofitable.
How is Hibino's financial position?
Financial Position Analysis
Short Term Liabilities: 2469's short term assets (¥18.6B) exceed its short term liabilities (¥15.1B).
Long Term Liabilities: 2469's short term assets (¥18.6B) exceed its long term liabilities (¥10.7B).
Debt to Equity History and Analysis
Debt Level: 2469's debt to equity ratio (193.6%) is considered high.
Reducing Debt: 2469's debt to equity ratio has increased from 113% to 193.6% over the past 5 years.
Debt Coverage: 2469's debt is well covered by operating cash flow (26.2%).
Interest Coverage: Insufficient data to determine if 2469's interest payments on its debt are well covered by EBIT.
What is Hibino current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2469's dividend (0.72%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.24%).
High Dividend: 2469's dividend (0.72%) is low compared to the top 25% of dividend payers in the JP market (2.83%).
Stability and Growth of Payments
Stable Dividend: 2469's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2469's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: 2469 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Teruhisa Hibino (58 yo)
Mr. Teruhisa Hibino has been President at Hibino Corporation since June 2002 and serves as its Chief Executive Officer. Mr. Hibino joined Hibino Corporation in April 1985 and served as its General Manager ...
Experienced Board: 2469's board of directors are seasoned and experienced ( 10.9 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.
Hibino Corporation's company bio, employee growth, exchange listings and data sources
- Name: Hibino Corporation
- Ticker: 2469
- Exchange: JASDAQ
- Founded: 1964
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: JP¥13.695b
- Shares outstanding: 9.89m
- Website: https://www.hibino.co.jp
Number of Employees
- Hibino Corporation
- 3-5-14, Konan
Hibino Corporation, together with its subsidiaries, designs, sells, installs, and maintains of audio equipment in Japan and internationally. The company also designs and installs architectural acoustics; d...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 08:22|
|End of Day Share Price||2021/05/10 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.