JASDAQ:6736

Stock Analysis Report

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Executive Summary

Sun Corporation engages in the mobile data solutions, entertainment, information technology, and other businesses in Japan. More Details


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 6736 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: 6736's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of JP stocks.


Market Performance


7 Day Return

-2.2%

6736

2.7%

JP Tech

-0.9%

JP Market


1 Year Return

154.2%

6736

17.0%

JP Tech

36.1%

JP Market

Return vs Industry: 6736 exceeded the JP Tech industry which returned 7.9% over the past year.

Return vs Market: 6736 exceeded the JP Market which returned 28.5% over the past year.


Shareholder returns

6736IndustryMarket
7 Day-2.2%2.7%-0.9%
30 Day-7.7%1.6%-0.4%
90 Day15.0%15.8%7.0%
1 Year154.2%154.2%20.6%17.0%39.5%36.1%
3 Year386.7%361.5%-2.9%-12.4%16.6%8.6%
5 Year359.5%314.8%15.1%-2.3%53.8%36.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

5.62x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 6736 (¥3480) is trading above our estimate of fair value (¥550)

Significantly Below Fair Value: 6736 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6736 is unprofitable, so we can't compare its PE Ratio to the JP Tech industry average.

PE vs Market: 6736 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 6736's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6736 is overvalued based on its PB Ratio (5.6x) compared to the JP Tech industry average (1.2x).


Next Steps

Future Growth

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

18.2%

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 Sun 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.


Next Steps

Past Performance

How has Sun performed over the past 5 years?

-54.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6736 is currently unprofitable.

Growing Profit Margin: 6736 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 6736 is unprofitable, and losses have increased over the past 5 years at a rate of 54.8% per year.

Accelerating Growth: Unable to compare 6736's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6736 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (13.4%).


Return on Equity

High ROE: 6736 has a negative Return on Equity (-13.9%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sun's financial position?


Financial Position Analysis

Short Term Liabilities: 6736's short term assets (¥35.1B) exceed its short term liabilities (¥22.4B).

Long Term Liabilities: 6736's short term assets (¥35.1B) exceed its long term liabilities (¥1.8B).


Debt to Equity History and Analysis

Debt Level: 6736's debt to equity ratio (37.4%) is considered satisfactory.

Reducing Debt: 6736's debt to equity ratio has increased from 11.5% to 37.4% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 6736 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 6736 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.5% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6736's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6736's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 6736's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6736's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 6736 is not paying a notable dividend for the JP market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6736's dividend in 3 years as they are not forecast to pay a notable one for the JP market.


Next Steps

Management

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

1.2yrs

Average board tenure


CEO

Yoshimi Kimura

2.17yrs

Tenure

Yoshimi Kimura has been Chief Executive Officer and Director of Sun Corporation since 2019.


Board Members

NamePositionTenureCompensationOwnership
Yoshimi Kimura
CEO & Director2.17yrsno data0.0057%
¥ 4.5m
Yonatan Domnitz
Director1.17yrsno datano data
Ryusuke Utsumi
Director1.17yrsno data0.00087%
¥ 698.5k
Akira Iwata
Independent Outside Director1.17yrsno datano data
Yakov Zlicha
Independent Outside Director1.17yrsno datano data
Yaniv Vardi
Independent Outside Director1.17yrsno datano data
Yasushi Mutou
Director1.17yrsno datano data
Kazunori Shibata
Independent Director1.17yrsno datano data
Akihiko Kawakami
Independent Director1.17yrsno datano data

1.2yrs

Average Tenure

Experienced Board: 6736's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Sun Corporation
  • Ticker: 6736
  • Exchange: JASDAQ
  • Founded: 1971
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: JP¥80.291b
  • Shares outstanding: 22.97m
  • Website: https://www.sun-denshi.co.jp

Number of Employees


Location

  • Sun Corporation
  • GLOBAL GATE
  • 20th Floor
  • Nagoya
  • Aichi
  • 453-6120
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6736JASDAQ (TSE JASDAQ)YesCommon SharesJPJPYMar 2002
SNCP.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2002

Biography

Sun Corporation engages in the mobile data solutions, entertainment, information technology, and other businesses in Japan. It develops, manufactures, and sells mobile data transfer devices and mobile data...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/08 08:02
End of Day Share Price2021/03/08 00:00
Earnings2020/09/30
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.