Tokai Electronics Co.,Ltd., an electronics technology trading company, develops, imports, exports, and sells electronic devices, semiconductor devices, and high-performance materials in Japan and internationally. More Details
Established dividend payer with adequate balance sheet.
Share Price & News
How has Tokai ElectronicsLtd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8071 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 8071's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 8071 underperformed the JP Electronic industry which returned 32.7% over the past year.
Return vs Market: 8071 underperformed the JP Market which returned 27.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tokai ElectronicsLtd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Tokai ElectronicsLtd undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 8071 (¥2650) is trading above our estimate of fair value (¥1258.47)
Significantly Below Fair Value: 8071 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 8071 is good value based on its PE Ratio (10.4x) compared to the JP Electronic industry average (15.5x).
PE vs Market: 8071 is good value based on its PE Ratio (10.4x) compared to the JP market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8071's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8071 is good value based on its PB Ratio (0.4x) compared to the JP Electronic industry average (0.9x).
How is Tokai ElectronicsLtd 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 Tokai ElectronicsLtd 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 Tokai ElectronicsLtd performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8071 has high quality earnings.
Growing Profit Margin: 8071's current net profit margins (1.2%) are higher than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: 8071's earnings have declined by 14.4% per year over the past 5 years.
Accelerating Growth: 8071's earnings growth over the past year (161.7%) exceeds its 5-year average (-14.4% per year).
Earnings vs Industry: 8071 earnings growth over the past year (161.7%) exceeded the Electronic industry 8%.
Return on Equity
High ROE: 8071's Return on Equity (4.1%) is considered low.
How is Tokai ElectronicsLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 8071's short term assets (¥20.6B) exceed its short term liabilities (¥8.7B).
Long Term Liabilities: 8071's short term assets (¥20.6B) exceed its long term liabilities (¥4.2B).
Debt to Equity History and Analysis
Debt Level: 8071's debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 8071's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 8071's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8071's interest payments on its debt are well covered by EBIT (204.5x coverage).
What is Tokai ElectronicsLtd current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8071's dividend (3.92%) is higher than the bottom 25% of dividend payers in the JP market (1.31%).
High Dividend: 8071's dividend (3.92%) is in the top 25% of dividend payers in the JP market (2.98%)
Stability and Growth of Payments
Stable Dividend: 8071's dividends per share have been stable in the past 10 years.
Growing Dividend: 8071's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.8%), 8071'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
Shin Okura (48 yo)
Mr. Sin Okura serves as President of Tokai Electronics, Co., Ltd. and served as its Executive Vice President since June 2011. Sin Okura joined Oki Electric Industry Co., Ltd in April 1998. Sin Okura joined...
Experienced Management: 8071's management team is considered experienced (3.8 years average tenure).
Experienced Board: 8071's board of directors are considered experienced (5.9 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.
Tokai Electronics Co.,Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Tokai Electronics Co.,Ltd.
- Ticker: 8071
- Exchange: NSE
- Founded: 1945
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: JP¥5.482b
- Shares outstanding: 2.09m
- Website: https://www.tokai-ele.com
Number of Employees
- Tokai Electronics Co.,Ltd.
- 3-34-14, Sakae
Tokai Electronics Co.,Ltd., an electronics technology trading company, develops, imports, exports, and sells electronic devices, semiconductor devices, and high-performance materials in Japan and internati...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/18 17:13|
|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.