Executive Summary
Mimaki Engineering Co., Ltd. develops, manufactures, and sells computer devices and software in Japan and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with imperfect balance sheet.
Similar Companies
Share Price & News
How has Mimaki Engineering's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6638 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 6638's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of JP stocks.
Market Performance
7 Day Return
5.4%
6638
0.3%
JP Tech
1.6%
JP Market
1 Year Return
61.7%
6638
31.8%
JP Tech
31.3%
JP Market
Return vs Industry: 6638 exceeded the JP Tech industry which returned 31.8% over the past year.
Return vs Market: 6638 exceeded the JP Market which returned 31.3% over the past year.
Shareholder returns
| 6638 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.4% | 0.3% | 1.6% |
| 30 Day | 1.6% | 2.0% | -1.4% |
| 90 Day | 18.5% | 9.0% | 0.1% |
| 1 Year | 63.6%61.7% | 35.3%31.8% | 34.2%31.3% |
| 3 Year | -19.5%-22.9% | 7.3%-3.2% | 15.0%7.1% |
| 5 Year | 63.5%51.6% | 36.4%16.0% | 61.1%43.4% |
Long-Term Price Volatility Vs. Market
How volatile is Mimaki Engineering's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Mimaki Engineering undervalued compared to its fair value and its price relative to the market?
19.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6638 (¥679) is trading below our estimate of fair value (¥846.84)
Significantly Below Fair Value: 6638 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 6638 is unprofitable, so we can't compare its PE Ratio to the JP Tech industry average.
PE vs Market: 6638 is unprofitable, so we can't compare its PE Ratio to the JP market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6638's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6638's PB Ratio (1.3x) is in line with the JP Tech industry average.
Future Growth
How is Mimaki Engineering forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
109.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6638 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0%).
Earnings vs Market: 6638 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 6638's is expected to become profitable in the next 3 years.
Revenue vs Market: 6638's revenue (10.3% per year) is forecast to grow faster than the JP market (5.5% per year).
High Growth Revenue: 6638's revenue (10.3% 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 6638's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Mimaki Engineering performed over the past 5 years?
-38.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6638 is currently unprofitable.
Growing Profit Margin: 6638 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 6638 is unprofitable, and losses have increased over the past 5 years at a rate of 38.5% per year.
Accelerating Growth: Unable to compare 6638's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 6638 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (14.3%).
Return on Equity
High ROE: 6638 has a negative Return on Equity (-11.43%), as it is currently unprofitable.
Financial Health
How is Mimaki Engineering's financial position?
Financial Position Analysis
Short Term Liabilities: 6638's short term assets (¥39.4B) exceed its short term liabilities (¥25.6B).
Long Term Liabilities: 6638's short term assets (¥39.4B) exceed its long term liabilities (¥10.1B).
Debt to Equity History and Analysis
Debt Level: 6638's debt to equity ratio (142.6%) is considered high.
Reducing Debt: 6638's debt to equity ratio has increased from 103.2% to 142.6% over the past 5 years.
Debt Coverage: 6638's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: Insufficient data to determine if 6638's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Mimaki Engineering current dividend yield, its reliability and sustainability?
1.10%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6638's dividend (1.1%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.24%).
High Dividend: 6638's dividend (1.1%) is low compared to the top 25% of dividend payers in the JP market (2.83%).
Stability and Growth of Payments
Stable Dividend: 6638's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6638's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: Unable to calculate sustainability of dividends as 6638 has not reported any payouts.
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?
4.9yrs
Average management tenure
CEO
Kazuaki Ikeda (44 yo)
no data
Tenure
Mr. Kazuaki Ikeda has been General Manager of Sales Division at Mimaki Engineering Co., Ltd, since June 2013 and serves as its President. Mr. Ikeda served as Manager of Global Marketing Department at Mimak...
Leadership Team
Experienced Management: 6638's management team is considered experienced (4.9 years average tenure).
Board Members
Experienced Board: 6638's board of directors are considered experienced (4.9 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
Mimaki Engineering Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mimaki Engineering Co., Ltd.
- Ticker: 6638
- Exchange: TSE
- Founded: 1975
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: JP¥20.027b
- Shares outstanding: 29.49m
- Website: https://www.mimaki.com
Number of Employees
Location
- Mimaki Engineering Co., Ltd.
- 2182-3, Shigeno-Otsu
- Tomi
- Nagano
- 389-0512
- Japan
Listings
Biography
Mimaki Engineering Co., Ltd. develops, manufactures, and sells computer devices and software in Japan and internationally. It offers inkjet printers, including roll to roll, print and cut, flat bed, hybrid...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/10 14:20 |
| End of Day Share Price | 2021/05/10 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.