TSE:4062

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Executive Summary

Ibiden Co.,Ltd. provides electronic and ceramics products in Japan, Asia, North America, Europe, and internationally. More Details


Snowflake Analysis

Solid track record with reasonable growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 4062 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 4062's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-0.1%

4062

3.0%

JP Electronic

1.3%

JP Market


1 Year Return

106.5%

4062

43.9%

JP Electronic

28.5%

JP Market

Return vs Industry: 4062 exceeded the JP Electronic industry which returned 43.9% over the past year.

Return vs Market: 4062 exceeded the JP Market which returned 28.5% over the past year.


Shareholder returns

4062IndustryMarket
7 Day-0.1%3.0%1.3%
30 Day-10.4%-3.1%-0.06%
90 Day-11.4%5.8%7.3%
1 Year109.2%106.5%46.2%43.9%31.7%28.5%
3 Year169.1%155.1%39.7%33.2%18.1%9.9%
5 Year235.1%203.5%122.4%104.9%55.7%38.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

25.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 4062 (¥4465) is trading above our estimate of fair value (¥3275.8)

Significantly Below Fair Value: 4062 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 4062 is poor value based on its PE Ratio (25.4x) compared to the JP Electronic industry average (16.6x).

PE vs Market: 4062 is poor value based on its PE Ratio (25.4x) compared to the JP market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: 4062 is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: 4062 is overvalued based on its PB Ratio (2.1x) compared to the JP Electronic industry average (0.9x).


Next Steps

Future Growth

How is IbidenLtd forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

20.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4062's forecast earnings growth (20.3% per year) is above the savings rate (0%).

Earnings vs Market: 4062's earnings (20.3% per year) are forecast to grow faster than the JP market (17.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 4062's revenue (9.3% per year) is forecast to grow faster than the JP market (5.7% per year).

High Growth Revenue: 4062's revenue (9.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 4062's Return on Equity is forecast to be low in 3 years time (12.9%).


Next Steps

Past Performance

How has IbidenLtd performed over the past 5 years?

46.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4062 has high quality earnings.

Growing Profit Margin: 4062's current net profit margins (7.9%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: 4062's earnings have grown significantly by 46% per year over the past 5 years.

Accelerating Growth: 4062's earnings growth over the past year (101%) exceeds its 5-year average (46% per year).

Earnings vs Industry: 4062 earnings growth over the past year (101%) exceeded the Electronic industry -5.3%.


Return on Equity

High ROE: 4062's Return on Equity (8.1%) is considered low.


Next Steps

Financial Health

How is IbidenLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 4062's short term assets (¥287.6B) exceed its short term liabilities (¥141.1B).

Long Term Liabilities: 4062's short term assets (¥287.6B) exceed its long term liabilities (¥123.0B).


Debt to Equity History and Analysis

Debt Level: 4062's debt to equity ratio (53.9%) is considered high.

Reducing Debt: 4062's debt to equity ratio has increased from 21.3% to 53.9% over the past 5 years.

Debt Coverage: 4062's debt is not well covered by operating cash flow (19.3%).

Interest Coverage: 4062 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

0.78%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: 4062's dividend (0.78%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.25%).

High Dividend: 4062's dividend (0.78%) is low compared to the top 25% of dividend payers in the JP market (2.88%).


Stability and Growth of Payments

Stable Dividend: 4062's dividend payments have been volatile in the past 10 years.

Growing Dividend: 4062's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.9%), 4062'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?

5.0yrs

Average management tenure


CEO

Takeshi Aoki (62 yo)

3.75yrs

Tenure

JP¥113,000,000

Compensation

Mr. Takeshi Aoki has been the Chief Executive Officer and President at Ibiden Co., Ltd. since June 2017 and served as its Executive Vice President since March 3 2016. Mr. Aoki served as Senior Managing Off...


CEO Compensation Analysis

Compensation vs Market: Takeshi's total compensation ($USD1.04M) is about average for companies of similar size in the JP market ($USD1.40M).

Compensation vs Earnings: Insufficient data to compare Takeshi's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Takeshi Aoki
President3.75yrsJP¥113.00m0.042%
¥ 265.0m
Sotaro Ito
Executive Officer & President of Ceramics Operation5yrsno datano data
Koji Kawashima
Senior Managing Officer & President of PKG Operation5yrsno datano data
Masahiko Ikuta
Senior Executive Officer2.75yrsno data0.027%
¥ 173.7m
Kozo Kodama
EVP, President of System Promotion Unit5yrsno data0.029%
¥ 182.8m
Syuichi Kubo
Executive Officer and President of R&D Operation3.92yrsno datano data
Honchin Endo
Managing Officer5yrsno datano data

5.0yrs

Average Tenure

58yo

Average Age

Experienced Management: 4062's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Takeshi Aoki
President3.75yrsJP¥113.00m0.042%
¥ 265.0m
Masahiko Ikuta
Senior Executive Officer2.75yrsno data0.027%
¥ 173.7m
Kozo Kodama
EVP, President of System Promotion Unit5yrsno data0.029%
¥ 182.8m
Hiroki Takenaka
Chairman of the Board3.75yrsJP¥113.00m0.087%
¥ 553.0m
Keiichi Sakashita
Director3.75yrsno data0.031%
¥ 201.1m
Chiaki Yamaguchi
Independent Outside Director6.75yrsno data0.0079%
¥ 50.3m
Fumio Kato
Independent Outside Director3.75yrsno data0.0014%
¥ 9.1m
Yoichi Kuwayama
Director3.75yrsno data0.031%
¥ 196.5m
Masaki Horie
Independent Outside Director3.75yrsno datano data
Toshio Mita
Independent Outside Director3.75yrsno data0.0014%
¥ 9.1m
Noriko Asai
Independent Outside Director0.75yrno datano data
Nobuko Kawai
Independent Outside Director3.75yrsno datano data

3.8yrs

Average Tenure

63yo

Average Age

Experienced Board: 4062's board of directors are considered experienced (3.8 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

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


Key Information

  • Name: Ibiden Co.,Ltd.
  • Ticker: 4062
  • Exchange: TSE
  • Founded: 1912
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: JP¥638.514b
  • Shares outstanding: 139.72m
  • Website: https://www.ibiden.co.jp

Number of Employees


Location

  • Ibiden Co.,Ltd.
  • 2-1, Kanda-cho
  • Ogaki
  • Gifu
  • 503-8604
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
4062TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
IBID.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992
IBIDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

Biography

Ibiden Co.,Ltd. provides electronic and ceramics products in Japan, Asia, North America, Europe, and internationally. It operates through Electronics, Ceramics, and Construction segments. The company offer...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/08 08:04
End of Day Share Price2021/03/08 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.