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Market Cap

JP¥13.7b

Last Updated

2021/05/10 08:22 UTC

Data Sources

Company Financials +

Executive Summary

Hibino Corporation, together with its subsidiaries, designs, sells, installs, and maintains of audio equipment in Japan and internationally. More Details


Snowflake Analysis

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.


Market Performance


7 Day Return

-6.3%

2469

0.9%

JP Electronic

1.6%

JP Market


1 Year Return

-13.7%

2469

35.7%

JP Electronic

31.3%

JP Market

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.


Shareholder returns

2469IndustryMarket
7 Day-6.3%0.9%1.6%
30 Day-13.3%-2.2%-1.4%
90 Day6.8%-5.6%0.1%
1 Year-13.1%-13.7%37.3%35.7%34.2%31.3%
3 Year-9.6%-13.7%34.7%29.0%15.0%7.1%
5 Year21.6%12.0%124.8%109.0%61.1%43.4%

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

Valuation

Is Hibino undervalued compared to its fair value and its price relative to the market?

15.3%

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).


Future Growth

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

102.9%

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


Past Performance

How has Hibino performed over the past 5 years?

-46.0%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Hibino current dividend yield, its reliability and sustainability?

0.72%

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.


Next Steps

Management

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

10.9yrs

Average board tenure


CEO

Teruhisa Hibino (58 yo)

no data

Tenure

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 ...


Board Members

Experienced Board: 2469's board of directors are seasoned and experienced ( 10.9 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

Hibino Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Hibino Corporation
  • 3-5-14, Konan
  • Minato-ku
  • Tokyo
  • 108-0075
  • Japan

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/10 08:22
End of Day Share Price2021/05/10 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.