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Osaki Electric

Market Cap

JP¥29.7b

Last Updated

2021/05/18 15:35 UTC

Data Sources

Company Financials +

Executive Summary

Osaki Electric Co., Ltd. develops, manufactures, sells, and installs measurement and control equipment in Japan, rest of Asia, the Oceania, Europe, and internationally. More Details


Snowflake Analysis

Flawless balance sheet, good value and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 6644 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 6644's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

2.4%

6644

-4.4%

JP Electronic

-3.8%

JP Market


1 Year Return

22.2%

6644

32.7%

JP Electronic

27.6%

JP Market

Return vs Industry: 6644 underperformed the JP Electronic industry which returned 31.5% over the past year.

Return vs Market: 6644 underperformed the JP Market which returned 28.6% over the past year.


Shareholder returns

6644IndustryMarket
7 Day2.4%-4.4%-3.8%
30 Day-0.2%-4.9%-4.4%
90 Day-0.7%-11.5%-5.0%
1 Year26.1%22.2%34.3%32.7%30.4%27.6%
3 Year-22.6%-29.2%27.7%22.3%10.9%3.2%
5 Year-10.6%-21.8%111.1%96.2%55.1%37.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 6644 (¥594) is trading below our estimate of fair value (¥2061.59)

Significantly Below Fair Value: 6644 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6644 is poor value based on its PE Ratio (60.4x) compared to the JP Electronic industry average (15.8x).

PE vs Market: 6644 is poor value based on its PE Ratio (60.4x) compared to the JP market (16x).


Price to Earnings Growth Ratio

PEG Ratio: 6644 is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: 6644 is good value based on its PB Ratio (0.6x) compared to the JP Electronic industry average (0.9x).


Future Growth

How is Osaki Electric forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

68.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6644's forecast earnings growth (68% per year) is above the savings rate (0%).

Earnings vs Market: 6644's earnings (68% per year) are forecast to grow faster than the JP market (14% per year).

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

Revenue vs Market: 6644's revenue (8.2% per year) is forecast to grow faster than the JP market (5.3% per year).

High Growth Revenue: 6644's revenue (8.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6644's Return on Equity is forecast to be low in 3 years time (4.3%).


Past Performance

How has Osaki Electric performed over the past 5 years?

-26.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6644 has high quality earnings.

Growing Profit Margin: 6644's current net profit margins (0.6%) are lower than last year (1.3%).


Past Earnings Growth Analysis

Earnings Trend: 6644's earnings have declined by 26.8% per year over the past 5 years.

Accelerating Growth: 6644's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 6644 had negative earnings growth (-59.7%) over the past year, making it difficult to compare to the Electronic industry average (9.2%).


Return on Equity

High ROE: 6644's Return on Equity (2.4%) is considered low.


Financial Health

How is Osaki Electric's financial position?


Financial Position Analysis

Short Term Liabilities: 6644's short term assets (¥53.1B) exceed its short term liabilities (¥19.0B).

Long Term Liabilities: 6644's short term assets (¥53.1B) exceed its long term liabilities (¥13.1B).


Debt to Equity History and Analysis

Debt Level: 6644's debt to equity ratio (11.5%) is considered satisfactory.

Reducing Debt: 6644's debt to equity ratio has reduced from 20.1% to 11.5% over the past 5 years.

Debt Coverage: 6644's debt is well covered by operating cash flow (155.2%).

Interest Coverage: 6644's interest payments on its debt are well covered by EBIT (12.6x coverage).


Balance Sheet


Dividend

What is Osaki Electric current dividend yield, its reliability and sustainability?

3.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6644's dividend (3.37%) is higher than the bottom 25% of dividend payers in the JP market (1.29%).

High Dividend: 6644's dividend (3.37%) is in the top 25% of dividend payers in the JP market (2.95%)


Stability and Growth of Payments

Stable Dividend: 6644's dividends per share have been stable in the past 10 years.

Growing Dividend: 6644's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (203.4%), 6644's dividend payments are not 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?

1.4yrs

Average management tenure


CEO

Yoshihide Watanabe (72 yo)

no data

Tenure

Mr. Yoshihide Watanabe serves as the Chief Executive Officer of Osaki Electric Co. Ltd. Mr. Watanabe served as the Honorary Chairman of Osaki Electric Co. Ltd. since June 2007 and served as its President s...


Leadership Team

Experienced Management: 6644's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: 6644's board of directors are seasoned and experienced ( 12.3 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

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


Key Information

  • Name: Osaki Electric Co., Ltd.
  • Ticker: 6644
  • Exchange: TSE
  • Founded: 1916
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: JP¥29.723b
  • Shares outstanding: 49.05m
  • Website: https://www.osaki.co.jp

Number of Employees


Location

  • Osaki Electric Co., Ltd.
  • 2-10-2 Higashi-Gotanda
  • Shinagawa-ku
  • Tokyo
  • 141-8646
  • Japan

Listings


Biography

Osaki Electric Co., Ltd. develops, manufactures, sells, and installs measurement and control equipment in Japan, rest of Asia, the Oceania, Europe, and internationally. It operates through three segments: ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/18 15:35
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.