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Market Cap

JP¥7.0b

Last Updated

2021/05/10 08:09 UTC

Data Sources

Company Financials

Executive Summary

KEL Corporation manufactures and sells industrial-use connectors in Japan and internationally. More Details


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 6919 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 6919's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

3.3%

6919

0.9%

JP Electronic

1.6%

JP Market


1 Year Return

17.5%

6919

35.7%

JP Electronic

31.3%

JP Market

Return vs Industry: 6919 underperformed the JP Electronic industry which returned 35.7% over the past year.

Return vs Market: 6919 underperformed the JP Market which returned 31.3% over the past year.


Shareholder returns

6919IndustryMarket
7 Day3.3%0.9%1.6%
30 Day5.3%-2.2%-1.4%
90 Day2.3%-5.6%0.1%
1 Year22.9%17.5%37.3%35.7%34.2%31.3%
3 Year-16.9%-27.4%34.7%29.0%15.0%7.1%
5 Year65.1%33.8%124.8%109.0%61.1%43.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is KEL 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: 6919 (¥974) is trading below our estimate of fair value (¥2057.21)

Significantly Below Fair Value: 6919 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6919 is good value based on its PE Ratio (11x) compared to the JP Electronic industry average (16.2x).

PE vs Market: 6919 is good value based on its PE Ratio (11x) compared to the JP market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6919's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6919 is good value based on its PB Ratio (0.6x) compared to the JP Electronic industry average (1x).


Future Growth

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

14.9%

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 KEL 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 KEL performed over the past 5 years?

5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6919 has high quality earnings.

Growing Profit Margin: 6919's current net profit margins (6.3%) are higher than last year (6.1%).


Past Earnings Growth Analysis

Earnings Trend: 6919's earnings have grown by 5.5% per year over the past 5 years.

Accelerating Growth: 6919's earnings growth over the past year (1.9%) is below its 5-year average (5.5% per year).

Earnings vs Industry: 6919 earnings growth over the past year (1.9%) exceeded the Electronic industry 1.9%.


Return on Equity

High ROE: 6919's Return on Equity (5.3%) is considered low.


Financial Health

How is KEL's financial position?


Financial Position Analysis

Short Term Liabilities: 6919's short term assets (¥9.0B) exceed its short term liabilities (¥2.3B).

Long Term Liabilities: 6919's short term assets (¥9.0B) exceed its long term liabilities (¥494.0M).


Debt to Equity History and Analysis

Debt Level: 6919's debt to equity ratio (3.7%) is considered satisfactory.

Reducing Debt: 6919's debt to equity ratio has reduced from 7.4% to 3.7% over the past 5 years.

Debt Coverage: 6919's debt is well covered by operating cash flow (339.6%).

Interest Coverage: 6919 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

4.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6919's dividend (4%) is higher than the bottom 25% of dividend payers in the JP market (1.24%).

High Dividend: 6919's dividend (4%) is in the top 25% of dividend payers in the JP market (2.83%)


Stability and Growth of Payments

Stable Dividend: 6919's dividends per share have been stable in the past 10 years.

Growing Dividend: 6919's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (44.2%), 6919'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?

6.9yrs

Average management tenure


CEO

Etsuro Doi (63 yo)

6.92yrs

Tenure

Mr. Etsuro Doi has been the President at KEL Corporation since June 2014 and was its General Manager of Sales since January 2012 until July 2019. Mr. Doi served as Managing Director at Kel Corp. since June...


Leadership Team

Experienced Management: 6919's management team is seasoned and experienced (6.9 years average tenure).


Board Members

Experienced Board: 6919's board of directors are considered experienced (5.9 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

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


Key Information

  • Name: KEL Corporation
  • Ticker: 6919
  • Exchange: JASDAQ
  • Founded: 1962
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: JP¥6.998b
  • Shares outstanding: 7.27m
  • Website: https://www.kel.jp

Number of Employees


Location

  • KEL Corporation
  • 6-17-7 Nagayama
  • Tama
  • Tokyo
  • 206-0025
  • Japan

Listings


Biography

KEL Corporation manufactures and sells industrial-use connectors in Japan and internationally. It offers interface, terminal block, battery, floating, pitch, standard-compliant, card edge, micro coaxial, c...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/10 08:09
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.