Executive Summary
Ibiden Co.,Ltd. provides electronic and ceramics products in Japan, Asia, North America, Europe, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with proven track record.
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 more volatile than 75% 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, but is still higher than 75% of JP stocks.
Market Performance
7 Day Return
-1.3%
4062
-0.7%
JP Electronic
-0.6%
JP Market
1 Year Return
90.0%
4062
27.3%
JP Electronic
23.0%
JP Market
Return vs Industry: 4062 exceeded the JP Electronic industry which returned 26.8% over the past year.
Return vs Market: 4062 exceeded the JP Market which returned 22.3% over the past year.
Shareholder returns
| 4062 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.3% | -0.7% | -0.6% |
| 30 Day | 19.8% | 4.1% | 1.9% |
| 90 Day | 14.4% | 1.4% | -1.2% |
| 1 Year | 91.5%90.0% | 28.8%27.3% | 25.6%23.0% |
| 3 Year | 245.9%230.7% | 40.4%34.5% | 20.9%12.8% |
| 5 Year | 456.6%409.5% | 139.2%122.9% | 73.1%54.4% |
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?
31.91x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 4062 (¥5950) is trading above our estimate of fair value (¥4577.17)
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 (32.3x) compared to the JP Electronic industry average (16.7x).
PE vs Market: 4062 is poor value based on its PE Ratio (32.3x) compared to the JP market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: 4062 is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: 4062 is overvalued based on its PB Ratio (2.6x) compared to the JP Electronic industry average (1x).
Future Growth
How is IbidenLtd forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
18.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 4062's forecast earnings growth (18.9% per year) is above the savings rate (0%).
Earnings vs Market: 4062's earnings (18.9% per year) are forecast to grow faster than the JP market (12.8% per year).
High Growth Earnings: 4062's earnings are forecast to grow, but not significantly.
Revenue vs Market: 4062's revenue (10.4% per year) is forecast to grow faster than the JP market (5.2% per year).
High Growth Revenue: 4062's revenue (10.4% 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 (13.1%).
Past Performance
How has IbidenLtd performed over the past 5 years?
60.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4062 has a high level of non-cash earnings.
Growing Profit Margin: 4062's current net profit margins (7.9%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: 4062's earnings have grown significantly by 60.5% per year over the past 5 years.
Accelerating Growth: 4062's earnings growth over the past year (126.8%) exceeds its 5-year average (60.5% per year).
Earnings vs Industry: 4062 earnings growth over the past year (126.8%) exceeded the Electronic industry 10.1%.
Return on Equity
High ROE: 4062's Return on Equity (8.1%) is considered low.
Financial Health
How is IbidenLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 4062's short term assets (¥285.4B) exceed its short term liabilities (¥131.9B).
Long Term Liabilities: 4062's short term assets (¥285.4B) exceed its long term liabilities (¥124.8B).
Debt to Equity History and Analysis
Debt Level: 4062's debt to equity ratio (49.3%) is considered high.
Reducing Debt: 4062's debt to equity ratio has increased from 21.6% to 49.3% over the past 5 years.
Debt Coverage: 4062's debt is well covered by operating cash flow (24.5%).
Interest Coverage: 4062 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is IbidenLtd current dividend yield, its reliability and sustainability?
0.60%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 4062's dividend (0.59%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.32%).
High Dividend: 4062's dividend (0.59%) is low compared to the top 25% of dividend payers in the JP market (3%).
Stability and Growth of Payments
Stable Dividend: 4062 is not paying a notable dividend for the JP market, therefore no need to check if payments are stable.
Growing Dividend: 4062 is not paying a notable dividend for the JP market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 4062 is not paying a notable dividend for the JP market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 4062's dividend in 3 years as they are not forecast to pay a notable one for the JP market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Takeshi Aoki (63 yo)
4yrs
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 ($USD1.02M) is about average for companies of similar size in the JP market ($USD1.38M).
Compensation vs Earnings: Insufficient data to compare Takeshi's compensation with company performance.
Leadership Team
Experienced Management: 4062's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Experienced Board: 4062's board of directors are considered experienced (4 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¥819.452b
- Shares outstanding: 139.60m
- Website: https://www.ibiden.co.jp
Number of Employees
Location
- Ibiden Co.,Ltd.
- 2-1, Kanda-cho
- Ogaki
- Gifu
- 503-8604
- Japan
Listings
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/24 15:36 |
| End of Day Share Price | 2021/06/24 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2021/03/31 |
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.