Executive Summary
Maruwa Co., Ltd. produces and sells ceramics and electronic parts in Japan, Europe, the United States, China, Taiwan, Korea, Malaysia, and India. More Details
Rewards
Risk Analysis
No risks detected for 5344 from our risk checks.
Snowflake Analysis
Excellent balance sheet with proven track record.
Share Price & News
How has Maruwa's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 5344 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 5344's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-0.3%
5344
0.9%
JP Electronic
1.6%
JP Market
1 Year Return
46.1%
5344
35.7%
JP Electronic
31.3%
JP Market
Return vs Industry: 5344 exceeded the JP Electronic industry which returned 35.8% over the past year.
Return vs Market: 5344 exceeded the JP Market which returned 31.6% over the past year.
Shareholder returns
| 5344 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.3% | 0.9% | 1.6% |
| 30 Day | -0.4% | -2.2% | -1.4% |
| 90 Day | 2.6% | -5.6% | 0.1% |
| 1 Year | 47.0%46.1% | 37.3%35.7% | 34.2%31.3% |
| 3 Year | 22.2%19.6% | 34.7%29.0% | 15.0%7.1% |
| 5 Year | 280.1%265.9% | 124.8%109.0% | 61.1%43.4% |
Long-Term Price Volatility Vs. Market
How volatile is Maruwa's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Maruwa undervalued compared to its fair value and its price relative to the market?
20.01x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 5344 (¥11250) is trading above our estimate of fair value (¥4263.65)
Significantly Below Fair Value: 5344 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 5344 is poor value based on its PE Ratio (20x) compared to the JP Electronic industry average (16.2x).
PE vs Market: 5344 is poor value based on its PE Ratio (20x) compared to the JP market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: 5344 is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: 5344 is overvalued based on its PB Ratio (2.1x) compared to the JP Electronic industry average (1x).
Future Growth
How is Maruwa forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
6.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 5344's forecast earnings growth (6.3% per year) is above the savings rate (0%).
Earnings vs Market: 5344's earnings (6.3% per year) are forecast to grow slower than the JP market (15.1% per year).
High Growth Earnings: 5344's earnings are forecast to grow, but not significantly.
Revenue vs Market: 5344's revenue (3.6% per year) is forecast to grow slower than the JP market (5.5% per year).
High Growth Revenue: 5344's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 5344's Return on Equity is forecast to be low in 3 years time (10.4%).
Past Performance
How has Maruwa performed over the past 5 years?
18.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5344 has high quality earnings.
Growing Profit Margin: 5344's current net profit margins (16.7%) are higher than last year (14.3%).
Past Earnings Growth Analysis
Earnings Trend: 5344's earnings have grown by 18.8% per year over the past 5 years.
Accelerating Growth: 5344's earnings growth over the past year (17.7%) is below its 5-year average (18.8% per year).
Earnings vs Industry: 5344 earnings growth over the past year (17.7%) exceeded the Electronic industry 1.9%.
Return on Equity
High ROE: 5344's Return on Equity (10.5%) is considered low.
Financial Health
How is Maruwa's financial position?
Financial Position Analysis
Short Term Liabilities: 5344's short term assets (¥53.7B) exceed its short term liabilities (¥9.6B).
Long Term Liabilities: 5344's short term assets (¥53.7B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 5344's debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 5344's debt to equity ratio has increased from 1% to 3% over the past 5 years.
Debt Coverage: 5344's debt is well covered by operating cash flow (544.8%).
Interest Coverage: 5344 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Maruwa current dividend yield, its reliability and sustainability?
0.60%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 5344's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.24%).
High Dividend: 5344's dividend (0.6%) is low compared to the top 25% of dividend payers in the JP market (2.83%).
Stability and Growth of Payments
Stable Dividend: 5344 is not paying a notable dividend for the JP market, therefore no need to check if payments are stable.
Growing Dividend: 5344 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: 5344 is not paying a notable dividend for the JP market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 5344'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?
6.1yrs
Average management tenure
CEO
Sei Kanbe (71 yo)
28.92yrs
Tenure
Mr. Sei kanbe has been the President and Representative Director of Maruwa Company Limited. since June 1992 .
Leadership Team
Experienced Management: 5344's management team is seasoned and experienced (6.1 years average tenure).
Board Members
Experienced Board: 5344's board of directors are seasoned and experienced ( 13.9 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
Maruwa Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Maruwa Co., Ltd.
- Ticker: 5344
- Exchange: TSE
- Founded: 1973
- Industry: Electronic Components
- Sector: Tech
- Market Cap: JP¥138.776b
- Shares outstanding: 12.34m
- Website: https://www.maruwa-g.com
Number of Employees
Location
- Maruwa Co., Ltd.
- 3-83, Minamihonjigahara-cho
- Owariasahi
- Aichi
- 488-0044
- Japan
Listings
Biography
Maruwa Co., Ltd. produces and sells ceramics and electronic parts in Japan, Europe, the United States, China, Taiwan, Korea, Malaysia, and India. The company offers ceramics, including ceramic substrates a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/09 08:10 |
| End of Day Share Price | 2021/05/07 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.