FTGroup Co., Ltd. supplies communication devices to small and medium-sized enterprises in Japan and internationally. More Details
Solid track record established dividend payer.
Share Price & News
How has FTGroup's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2763 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 2763's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 2763 underperformed the JP Electronic industry which returned 35.8% over the past year.
Return vs Market: 2763 underperformed the JP Market which returned 31.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is FTGroup's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StDid You Participate In Any Of FTGroup's (TYO:2763) Fantastic 136% Return ?
2 weeks ago | Simply Wall StCould The Market Be Wrong About FTGroup Co., Ltd. (TYO:2763) Given Its Attractive Financial Prospects?
1 month ago | Simply Wall StThe Returns On Capital At FTGroup (TYO:2763) Don't Inspire Confidence
Is FTGroup 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: 2763 (¥1353) is trading below our estimate of fair value (¥2629.2)
Significantly Below Fair Value: 2763 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2763 is good value based on its PE Ratio (10.9x) compared to the JP Electronic industry average (16.2x).
PE vs Market: 2763 is good value based on its PE Ratio (10.9x) compared to the JP market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2763's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2763 is overvalued based on its PB Ratio (2.6x) compared to the JP Electronic industry average (1x).
How is FTGroup forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as FTGroup has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has FTGroup performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2763 has high quality earnings.
Growing Profit Margin: 2763's current net profit margins (9.4%) are higher than last year (8.1%).
Past Earnings Growth Analysis
Earnings Trend: 2763's earnings have grown by 10.3% per year over the past 5 years.
Accelerating Growth: 2763's earnings growth over the past year (6.1%) is below its 5-year average (10.3% per year).
Earnings vs Industry: 2763 earnings growth over the past year (6.1%) exceeded the Electronic industry 1.9%.
Return on Equity
High ROE: 2763's Return on Equity (24.8%) is considered high.
How is FTGroup's financial position?
Financial Position Analysis
Short Term Liabilities: 2763's short term assets (¥19.9B) exceed its short term liabilities (¥10.4B).
Long Term Liabilities: 2763's short term assets (¥19.9B) exceed its long term liabilities (¥6.6B).
Debt to Equity History and Analysis
Debt Level: 2763's debt to equity ratio (50.1%) is considered high.
Reducing Debt: 2763's debt to equity ratio has increased from 4% to 50.1% over the past 5 years.
Debt Coverage: 2763's debt is well covered by operating cash flow (44.4%).
Interest Coverage: 2763 earns more interest than it pays, so coverage of interest payments is not a concern.
What is FTGroup current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2763's dividend (4.66%) is higher than the bottom 25% of dividend payers in the JP market (1.24%).
High Dividend: 2763's dividend (4.66%) is in the top 25% of dividend payers in the JP market (2.83%)
Stability and Growth of Payments
Stable Dividend: 2763's dividends per share have been stable in the past 10 years.
Growing Dividend: 2763's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.6%), 2763's dividend payments are covered by earnings.
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 management tenure
Makoto Ishida (53 yo)
Mr. Makoto Ishida has been Executive President and General Manager of Corporate Business Division at FTGroup Co., Ltd. (formerly FT Communications Co., Ltd.) since June 2015 and April 2016 respectively and...
Experienced Management: 2763's management team is seasoned and experienced (5.1 years average tenure).
Experienced Board: 2763's board of directors are considered experienced (5.5 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.
FTGroup Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: FTGroup Co., Ltd.
- Ticker: 2763
- Exchange: JASDAQ
- Founded: 1985
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: JP¥41.865b
- Shares outstanding: 30.94m
- Website: https://www.ftgroup.co.jp
Number of Employees
- FTGroup Co., Ltd.
- Yunizo-Suitengu Building
- 2-13-6 Nihonbashi Kakigara-cho
FTGroup Co., Ltd. supplies communication devices to small and medium-sized enterprises in Japan and internationally. The company offers business phones, office automation equipment, air conditioning equipm...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/09 08:09|
|End of Day Share Price||2021/05/07 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.