Elematec Corporation supplies electronic parts, materials, and modules for manufacturers of electronic products in Japan and internationally. More Details
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.
7 Day Return
1 Year Return
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.
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
Is Elematec 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: 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.
How is Elematec 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: 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
How has Elematec performed over the past 5 years?
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.
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.
What is Elematec current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jun Kato (65 yo)
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 ...
Experienced Management: 2715's management team is seasoned and experienced (9.1 years average tenure).
Experienced Board: 2715's board of directors are considered experienced (8.9 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.
Elematec Corporation's company bio, employee growth, exchange listings and data sources
- 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
- Elematec Corporation
- Sumitomo Fudosan Mita Twin Building
- West Wing, 19th Floor
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 08:08|
|End of Day Share Price||2021/05/10 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.