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Market Cap

JP¥3.4b

Last Updated

2021/05/10 08:07 UTC

Data Sources

Company Financials

Executive Summary

Newtech Co.,Ltd. provides storage products and solutions. More Details


Snowflake Analysis

Good value with adequate balance sheet and pays a dividend.

Share Price & News

How has NewtechLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6734 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 6734's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

1.2%

6734

0.3%

JP Tech

1.6%

JP Market


1 Year Return

-8.1%

6734

31.8%

JP Tech

31.3%

JP Market

Return vs Industry: 6734 underperformed the JP Tech industry which returned 31.8% over the past year.

Return vs Market: 6734 underperformed the JP Market which returned 31.3% over the past year.


Shareholder returns

6734IndustryMarket
7 Day1.2%0.3%1.6%
30 Day-14.6%2.0%-1.4%
90 Day-10.9%9.0%0.1%
1 Year-6.8%-8.1%35.3%31.8%34.2%31.3%
3 Year80.8%72.2%7.3%-3.2%15.0%7.1%
5 Year264.4%232.1%36.4%16.0%61.1%43.4%

Long-Term Price Volatility Vs. Market

How volatile is NewtechLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 6734 (¥1760) is trading below our estimate of fair value (¥4756.07)

Significantly Below Fair Value: 6734 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6734 is good value based on its PE Ratio (11.4x) compared to the JP Tech industry average (19.8x).

PE vs Market: 6734 is good value based on its PE Ratio (11.4x) compared to the JP market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6734's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6734 is overvalued based on its PB Ratio (1.8x) compared to the JP Tech industry average (1.3x).


Future Growth

How is NewtechLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.4%

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 NewtechLtd 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.


Past Performance

How has NewtechLtd performed over the past 5 years?

14.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 6734 has high quality earnings.

Growing Profit Margin: 6734's current net profit margins (9.4%) are higher than last year (8.2%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 6734's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 6734's past year earnings growth to its 5-year average.

Earnings vs Industry: 6734 earnings growth over the past year (14.3%) underperformed the Tech industry 14.3%.


Return on Equity

High ROE: 6734's Return on Equity (15.6%) is considered low.


Financial Health

How is NewtechLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 6734's short term assets (¥3.1B) exceed its short term liabilities (¥1.3B).

Long Term Liabilities: 6734's short term assets (¥3.1B) exceed its long term liabilities (¥68.0M).


Debt to Equity History and Analysis

Debt Level: 6734's debt to equity ratio (4.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 6734's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 6734's debt is well covered by operating cash flow (460.4%).

Interest Coverage: Insufficient data to determine if 6734's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

1.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6734's dividend (1.42%) is higher than the bottom 25% of dividend payers in the JP market (1.24%).

High Dividend: 6734's dividend (1.42%) is low compared to the top 25% of dividend payers in the JP market (2.83%).


Stability and Growth of Payments

Stable Dividend: 6734's dividends per share have been stable in the past 10 years.

Growing Dividend: 6734's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.2%), 6734's dividend payments are well 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.


Next Steps

Management

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

12.0yrs

Average board tenure


CEO

Hirofumi Yanase (58 yo)

no data

Tenure

Hirofumi Yanase serves as President at Newtech Co.,Ltd. and has been its Director since May 2012. Hirofumi Yanase served as Manager of Sales Technology at Newtech Co.,Ltd., since May 2012. Hirofumi Yanase ...


Board Members

Experienced Board: 6734's board of directors are seasoned and experienced ( 12 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

Newtech Co.,Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Newtech Co.,Ltd.
  • Ticker: 6734
  • Exchange: JASDAQ
  • Founded: 1982
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: JP¥3.389b
  • Shares outstanding: 1.92m
  • Website: https://www.newtech.co.jp

Number of Employees


Location

  • Newtech Co.,Ltd.
  • KDX Hamamatsucho Building
  • 2-7-19 Hamamatsucho
  • Tokyo
  • 105-0013
  • Japan

Listings


Biography

Newtech Co.,Ltd. provides storage products and solutions. It offers servers, desktop and rack mount NAS products, and Mac compatible products. The company also provides GPU, USB/thunderbolt storage product...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/10 08:07
End of Day Share Price2021/05/10 00:00
Earnings2021/02/28
Annual Earnings2021/02/28


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.