Executive Summary
Adtec Plasma Technology Co., Ltd. designs, manufactures, and sells/supports RF plasma generators, visual matching units, digital RF power tracers, and chamber analyzers in Japan. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with reasonable growth potential.
Similar Companies
Share Price & News
How has Adtec Plasma Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6668 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 6668'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
5.5%
6668
2.6%
JP Electronic
0.4%
JP Market
1 Year Return
29.1%
6668
27.7%
JP Electronic
22.6%
JP Market
Return vs Industry: 6668 exceeded the JP Electronic industry which returned 27.7% over the past year.
Return vs Market: 6668 exceeded the JP Market which returned 22.6% over the past year.
Shareholder returns
| 6668 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.5% | 2.6% | 0.4% |
| 30 Day | 8.0% | 6.4% | 3.6% |
| 90 Day | 32.0% | -0.6% | -2.3% |
| 1 Year | 30.3%29.1% | 29.2%27.7% | 25.3%22.6% |
| 3 Year | 10.1%7.1% | 39.0%33.1% | 20.3%12.1% |
| 5 Year | 439.9%420.0% | 142.3%125.3% | 78.4%58.9% |
Long-Term Price Volatility Vs. Market
How volatile is Adtec Plasma Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Adtec Plasma Technology undervalued compared to its fair value and its price relative to the market?
13.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6668 (¥1820) is trading below our estimate of fair value (¥2105.11)
Significantly Below Fair Value: 6668 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 6668 is poor value based on its PE Ratio (24.6x) compared to the JP Electronic industry average (16.9x).
PE vs Market: 6668 is poor value based on its PE Ratio (24.6x) compared to the JP market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: 6668 is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: 6668 is overvalued based on its PB Ratio (2.5x) compared to the JP Electronic industry average (1x).
Future Growth
How is Adtec Plasma Technology forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
21.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6668's forecast earnings growth (21.8% per year) is above the savings rate (0%).
Earnings vs Market: 6668's earnings (21.8% per year) are forecast to grow faster than the JP market (12.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 6668's revenue (16.4% per year) is forecast to grow faster than the JP market (5.2% per year).
High Growth Revenue: 6668's revenue (16.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6668's Return on Equity is forecast to be low in 3 years time (17.3%).
Past Performance
How has Adtec Plasma Technology performed over the past 5 years?
3.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6668 has high quality earnings.
Growing Profit Margin: 6668's current net profit margins (8.7%) are higher than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: 6668's earnings have grown by 3.9% per year over the past 5 years.
Accelerating Growth: 6668's earnings growth over the past year (76.9%) exceeds its 5-year average (3.9% per year).
Earnings vs Industry: 6668 earnings growth over the past year (76.9%) exceeded the Electronic industry 10.1%.
Return on Equity
High ROE: 6668's Return on Equity (10.3%) is considered low.
Financial Health
How is Adtec Plasma Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 6668's short term assets (¥9.9B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 6668's short term assets (¥9.9B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 6668's debt to equity ratio (72.1%) is considered high.
Reducing Debt: 6668's debt to equity ratio has reduced from 107% to 72.1% over the past 5 years.
Debt Coverage: 6668's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: 6668's interest payments on its debt are well covered by EBIT (19.6x coverage).
Balance Sheet
Dividend
What is Adtec Plasma Technology current dividend yield, its reliability and sustainability?
0.55%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 6668's dividend (0.55%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.31%).
High Dividend: 6668's dividend (0.55%) is low compared to the top 25% of dividend payers in the JP market (2.99%).
Stability and Growth of Payments
Stable Dividend: 6668 is not paying a notable dividend for the JP market, therefore no need to check if payments are stable.
Growing Dividend: 6668 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: 6668 is not paying a notable dividend for the JP market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6668'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?
8.8yrs
Average management tenure
CEO
Hidenori Morishita (49 yo)
no data
Tenure
Mr. Hidenori Morishita served as a Manager of Sales Department at Adtec Plasma Technology Co., Ltd. Mr. Morishita served as Manager of Sales Department at Adtec Plasma Technology Co., Ltd. since November 2...
Leadership Team
Experienced Management: 6668's management team is seasoned and experienced (8.8 years average tenure).
Board Members
Experienced Board: 6668's board of directors are considered experienced (8.6 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
Adtec Plasma Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Adtec Plasma Technology Co., Ltd.
- Ticker: 6668
- Exchange: TSE
- Founded: 1985
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: JP¥15.623b
- Shares outstanding: 8.58m
- Website: https://www.adtec-rf.com
Number of Employees
Location
- Adtec Plasma Technology Co., Ltd.
- Chome No. 6 No. 10
- Hikino-cho
- Fukuyama
- Hiroshima
- 721-0942
- Japan
Listings
Biography
Adtec Plasma Technology Co., Ltd. designs, manufactures, and sells/supports RF plasma generators, visual matching units, digital RF power tracers, and chamber analyzers in Japan. Its products are installed...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/19 08:35 |
| End of Day Share Price | 2021/06/18 00:00 |
| Earnings | 2021/02/28 |
| Annual Earnings | 2020/08/31 |
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.