Santec Corporation produces and sells optical components, optical instruments, and optical coherence tomography (OCT) systems. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Santec's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6777 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 6777's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 6777 underperformed the JP Electronic industry which returned 31.5% over the past year.
Return vs Market: 6777 underperformed the JP Market which returned 28.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Santec's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhy Dividend Hunters Love Santec Corporation (TYO:6777)
1 month ago | Simply Wall StHere's Why I Think Santec (TYO:6777) Is An Interesting Stock
1 month ago | Simply Wall StShould You Buy Santec Corporation (TYO:6777) For Its Upcoming Dividend?
Is Santec 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: 6777 (¥1597) is trading below our estimate of fair value (¥5703.24)
Significantly Below Fair Value: 6777 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6777 is poor value based on its PE Ratio (17x) compared to the JP Electronic industry average (15.8x).
PE vs Market: 6777 is poor value based on its PE Ratio (17x) compared to the JP market (16x).
Price to Earnings Growth Ratio
PEG Ratio: 6777 is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: 6777 is overvalued based on its PB Ratio (1.8x) compared to the JP Electronic industry average (0.9x).
How is Santec 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: 6777's forecast earnings growth (8.2% per year) is above the savings rate (0%).
Earnings vs Market: 6777's earnings (8.2% per year) are forecast to grow slower than the JP market (14% per year).
High Growth Earnings: 6777's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6777's revenue (6.2% per year) is forecast to grow faster than the JP market (5.3% per year).
High Growth Revenue: 6777's revenue (6.2% 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 6777's Return on Equity is forecast to be high in 3 years time
How has Santec performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6777 has high quality earnings.
Growing Profit Margin: 6777's current net profit margins (14.7%) are higher than last year (13%).
Past Earnings Growth Analysis
Earnings Trend: 6777's earnings have grown significantly by 20.1% per year over the past 5 years.
Accelerating Growth: 6777's earnings growth over the past year (33.1%) exceeds its 5-year average (20.1% per year).
Earnings vs Industry: 6777 earnings growth over the past year (33.1%) exceeded the Electronic industry 9.2%.
Return on Equity
High ROE: 6777's Return on Equity (10.6%) is considered low.
How is Santec's financial position?
Financial Position Analysis
Short Term Liabilities: 6777's short term assets (¥7.1B) exceed its short term liabilities (¥1.5B).
Long Term Liabilities: 6777's short term assets (¥7.1B) exceed its long term liabilities (¥715.0M).
Debt to Equity History and Analysis
Debt Level: 6777 is debt free.
Reducing Debt: 6777 has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
Debt Coverage: 6777 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6777 has no debt, therefore coverage of interest payments is not a concern.
What is Santec current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6777's dividend (1.88%) is higher than the bottom 25% of dividend payers in the JP market (1.29%).
High Dividend: 6777's dividend (1.88%) is low compared to the top 25% of dividend payers in the JP market (2.95%).
Stability and Growth of Payments
Stable Dividend: 6777's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6777's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.3%), 6777'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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Mototaka Tei serves as President and Chief Executive Officer at Santec Corporation since 2020 and serves as its Director since September 1, 2017. Mr. Mototaka Tei had been Executive Deputy President of...
Experienced Management: 6777's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: 6777's board of directors are considered experienced (6.3 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.
Santec Corporation's company bio, employee growth, exchange listings and data sources
- Name: Santec Corporation
- Ticker: 6777
- Exchange: JASDAQ
- Founded: 1979
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: JP¥18.911b
- Shares outstanding: 11.76m
- Website: https://www.santec.com
Number of Employees
- Santec Corporation
- Photonics Valley Ohkusa Campus
- 5823 Ohkusa-Nenjyozaka
Santec Corporation produces and sells optical components, optical instruments, and optical coherence tomography (OCT) systems. The company offers optical instruments, including tunable lasers, tunable filt...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/18 15:31|
|End of Day Share Price||2021/05/18 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.