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Market Cap

JP¥6.7b

Last Updated

2021/05/18 08:09 UTC

Data Sources

Company Financials +

Executive Summary

Ohizumi Mfg. Co., Ltd. manufactures and sells electronics components primarily in Japan. More Details


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 6618 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 6618's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of JP stocks.


Market Performance


7 Day Return

-6.8%

6618

-4.4%

JP Electronic

-3.8%

JP Market


1 Year Return

67.5%

6618

32.7%

JP Electronic

27.6%

JP Market

Return vs Industry: 6618 exceeded the JP Electronic industry which returned 32.7% over the past year.

Return vs Market: 6618 exceeded the JP Market which returned 27.6% over the past year.


Shareholder returns

6618IndustryMarket
7 Day-6.8%-4.4%-3.8%
30 Day-7.2%-4.9%-4.4%
90 Day-10.1%-11.5%-5.0%
1 Year69.1%67.5%34.3%32.7%30.4%27.6%
3 Year-6.1%-9.9%27.7%22.3%10.9%3.2%
5 Year116.4%107.8%111.1%96.2%55.1%37.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

30.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 6618 (¥804) is trading above our estimate of fair value (¥96.34)

Significantly Below Fair Value: 6618 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6618 is poor value based on its PE Ratio (30.1x) compared to the JP Electronic industry average (15.5x).

PE vs Market: 6618 is poor value based on its PE Ratio (30.1x) compared to the JP market (15.8x).


Price to Earnings Growth Ratio

PEG Ratio: 6618 is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: 6618 is overvalued based on its PB Ratio (2.5x) compared to the JP Electronic industry average (0.9x).


Future Growth

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

32.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6618's forecast earnings growth (32.4% per year) is above the savings rate (0%).

Earnings vs Market: 6618's earnings (32.4% per year) are forecast to grow faster than the JP market (13.6% per year).

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

Revenue vs Market: 6618's revenue (9.3% per year) is forecast to grow faster than the JP market (5.2% per year).

High Growth Revenue: 6618'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: Insufficient data to determine if 6618's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Ohizumi Mfg performed over the past 5 years?

-5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6618 has high quality earnings.

Growing Profit Margin: 6618's current net profit margins (2.1%) are higher than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: 6618's earnings have declined by 5.8% per year over the past 5 years.

Accelerating Growth: 6618's earnings growth over the past year (1.8%) exceeds its 5-year average (-5.8% per year).

Earnings vs Industry: 6618 earnings growth over the past year (1.8%) underperformed the Electronic industry 8%.


Return on Equity

High ROE: 6618's Return on Equity (8.3%) is considered low.


Financial Health

How is Ohizumi Mfg's financial position?


Financial Position Analysis

Short Term Liabilities: 6618's short term assets (¥6.6B) exceed its short term liabilities (¥3.7B).

Long Term Liabilities: 6618's short term assets (¥6.6B) exceed its long term liabilities (¥3.7B).


Debt to Equity History and Analysis

Debt Level: 6618's debt to equity ratio (151.1%) is considered high.

Reducing Debt: 6618's debt to equity ratio has reduced from 430.9% to 151.1% over the past 5 years.

Debt Coverage: 6618's debt is not well covered by operating cash flow (5.5%).

Interest Coverage: 6618's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Dividend

What is Ohizumi Mfg current dividend yield, its reliability and sustainability?

1.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6618's dividend (1%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.31%).

High Dividend: 6618's dividend (1%) is low compared to the top 25% of dividend payers in the JP market (2.98%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 6618 has been paying a dividend for less than 10 years.

Growing Dividend: 6618 has only been paying a dividend for 3 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.9%), 6618'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?

2.3yrs

Average board tenure


CEO

Toshiki Saburi

1.33yrs

Tenure

Toshiki Saburi serves as President & CEO at Ohizumi Mfg. Co., Ltd. since 2020. Toshiki Saburi served as Executive Vice President at Ohizumi Mfg. Co., Ltd. until 2020 and served as its Vice President and Di...


Board Members

Experienced Board: 6618's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Ohizumi Mfg. Co., Ltd.
  • Ticker: 6618
  • Exchange: TSE
  • Founded: 1939
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: JP¥6.718b
  • Shares outstanding: 8.39m
  • Website: https://www.ohizumi-mfg.jp

Number of Employees


Location

  • Ohizumi Mfg. Co., Ltd.
  • 1-11-4 Shin-Sayama
  • Sayama
  • Saitama
  • 350-1387
  • Japan

Listings


Biography

Ohizumi Mfg. Co., Ltd. manufactures and sells electronics components primarily in Japan. The company offers various thermistors, including NBC, a bare chip thermistor for used in semiconductor laser; NSS a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/18 08:09
End of Day Share Price2021/05/18 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.