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Market Cap

JP¥51.5b

Last Updated

2021/05/10 08:08 UTC

Data Sources

Company Financials +

Executive Summary

Elematec Corporation supplies electronic parts, materials, and modules for manufacturers of electronic products in Japan and internationally. More Details


Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 2715 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 2715's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.


Market Performance


7 Day Return

-1.1%

2715

0.9%

JP Electronic

1.6%

JP Market


1 Year Return

46.7%

2715

35.7%

JP Electronic

31.3%

JP Market

Return vs Industry: 2715 exceeded the JP Electronic industry which returned 35.7% over the past year.

Return vs Market: 2715 exceeded the JP Market which returned 31.3% over the past year.


Shareholder returns

2715IndustryMarket
7 Day-1.1%0.9%1.6%
30 Day19.8%-2.2%-1.4%
90 Day14.7%-5.6%0.1%
1 Year51.8%46.7%37.3%35.7%34.2%31.3%
3 Year2.0%-7.7%34.7%29.0%15.0%7.1%
5 Year40.5%22.5%124.8%109.0%61.1%43.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Elematec 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: 2715 (¥1215) is trading below our estimate of fair value (¥17924.63)

Significantly Below Fair Value: 2715 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2715 is good value based on its PE Ratio (13.6x) compared to the JP Electronic industry average (16.2x).

PE vs Market: 2715 is good value based on its PE Ratio (13.6x) compared to the JP market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: 2715's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 2715's PB Ratio (0.9x) is in line with the JP Electronic industry average.


Future Growth

How is Elematec forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-0.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2715's earnings are forecast to decline over the next 3 years (-0.9% per year).

Earnings vs Market: 2715's earnings are forecast to decline over the next 3 years (-0.9% per year).

High Growth Earnings: 2715's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 2715's revenue (2.6% per year) is forecast to grow slower than the JP market (5.5% per year).

High Growth Revenue: 2715's revenue (2.6% 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 2715's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Elematec performed over the past 5 years?

1.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2715 has high quality earnings.

Growing Profit Margin: 2715's current net profit margins (2%) are higher than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: 2715's earnings have grown by 1.8% per year over the past 5 years.

Accelerating Growth: 2715's earnings growth over the past year (12.4%) exceeds its 5-year average (1.8% per year).

Earnings vs Industry: 2715 earnings growth over the past year (12.4%) exceeded the Electronic industry 1.9%.


Return on Equity

High ROE: 2715's Return on Equity (6.7%) is considered low.


Financial Health

How is Elematec's financial position?


Financial Position Analysis

Short Term Liabilities: 2715's short term assets (¥95.3B) exceed its short term liabilities (¥45.6B).

Long Term Liabilities: 2715's short term assets (¥95.3B) exceed its long term liabilities (¥1.3B).


Debt to Equity History and Analysis

Debt Level: 2715's debt to equity ratio (0.3%) is considered satisfactory.

Reducing Debt: 2715's debt to equity ratio has reduced from 1% to 0.3% over the past 5 years.

Debt Coverage: 2715's debt is well covered by operating cash flow (4423.2%).

Interest Coverage: 2715 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

3.54%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2715's dividend (3.54%) is higher than the bottom 25% of dividend payers in the JP market (1.24%).

High Dividend: 2715's dividend (3.54%) is in the top 25% of dividend payers in the JP market (2.83%)


Stability and Growth of Payments

Stable Dividend: 2715's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2715's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40.2%), 2715'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?

9.1yrs

Average management tenure


CEO

Jun Kato (65 yo)

8.92yrs

Tenure

Mr. Jun Kato has been the President of Elematec Corporation since June 2012. Mr. Kato served as Senior Managing Executive Officer, Development and Purchasing and Distribution In-charge and General Manager ...


Leadership Team

Experienced Management: 2715's management team is seasoned and experienced (9.1 years average tenure).


Board Members

Experienced Board: 2715's board of directors are considered experienced (8.9 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

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


Key Information

  • Name: Elematec Corporation
  • Ticker: 2715
  • Exchange: TSE
  • Founded: 1947
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: JP¥51.510b
  • Shares outstanding: 40.95m
  • Website: https://www.elematec.com

Number of Employees


Location

  • Elematec Corporation
  • Sumitomo Fudosan Mita Twin Building
  • West Wing, 19th Floor
  • Tokyo
  • 108-6319
  • Japan

Listings


Biography

Elematec Corporation supplies electronic parts, materials, and modules for manufacturers of electronic products in Japan and internationally. It offers a range of products that are applied in various elect...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/10 08:08
End of Day Share Price2021/05/10 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.