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Tokai ElectronicsLtd

Market Cap

JP¥5.5b

Last Updated

2021/05/18 17:13 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

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.


Market Performance


7 Day Return

-2.6%

8071

-4.4%

JP Electronic

-3.8%

JP Market


1 Year Return

22.3%

8071

32.7%

JP Electronic

27.6%

JP Market

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.


Shareholder returns

8071IndustryMarket
7 Day-2.6%-4.4%-3.8%
30 Day0.8%-4.9%-4.4%
90 Day-2.2%-11.5%-5.0%
1 Year27.6%22.3%34.3%32.7%30.4%27.6%
3 Year-8.1%-18.7%27.7%22.3%10.9%3.2%
5 Year25.8%3.8%111.1%96.2%55.1%37.9%

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

Valuation

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

10.3x

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).


Future Growth

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

13.9%

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 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.


Past Performance

How has Tokai ElectronicsLtd performed over the past 5 years?

-14.4%

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.


Financial Health

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).


Balance Sheet


Dividend

What is Tokai ElectronicsLtd current dividend yield, its reliability and sustainability?

3.96%

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.


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Shin Okura (48 yo)

no data

Tenure

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...


Leadership Team

Experienced Management: 8071's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: 8071'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

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


Key Information

  • 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


Location

  • Tokai Electronics Co.,Ltd.
  • 3-34-14, Sakae
  • Naka-Ku
  • Nagoya
  • Aichi
  • 460-8432
  • Japan

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/18 17:13
End of Day Share Price2021/05/18 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.