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6762

TDKTSE:6762 Stock Report

Last Price

JP¥4.56k

Market Cap

JP¥1.7t

7D

3.5%

1Y

-21.7%

Updated

17 Jan, 2022

Data

Company Financials +
6762 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends3/6

6762 Stock Overview

TDK Corporation, together with its subsidiaries, manufactures and sells electronic components in Japan, Europe, China, Asia, the Americas, and internationally.

TDK Competitors

Murata Manufacturing

TSE:6981

JP¥5.8t

Taiyo Yuden

TSE:6976

JP¥797.5b

Nichicon

TSE:6996

JP¥86.0b

Nippon Chemi-Con

TSE:6997

JP¥37.0b

Price History & Performance

Summary of all time highs, changes and price drops for TDK
Historical stock prices
Current Share PriceJP¥4,560.00
52 Week HighJP¥6,080.00
52 Week LowJP¥3,560.00
Beta1.24
1 Month Change0.66%
3 Month Change14.00%
1 Year Change-21.69%
3 Year Change78.59%
5 Year Change76.06%
Change since IPO225.71%

Recent News & Updates

Shareholder Returns

6762JP ElectronicJP Market
7D3.5%-0.5%-0.2%
1Y-21.7%1.5%5.0%

Return vs Industry: 6762 underperformed the JP Electronic industry which returned 2.8% over the past year.

Return vs Market: 6762 underperformed the JP Market which returned 4.7% over the past year.

Price Volatility

Is 6762's price volatile compared to industry and market?
6762 volatility
6762 Average Weekly Movement4.8%
Electronic Industry Average Movement4.7%
Market Average Movement4.2%
10% most volatile stocks in JP Market8.4%
10% least volatile stocks in JP Market2.2%

Stable Share Price: 6762 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 6762's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1935129,284Shigenao Ishigurohttps://www.jp.tdk.com

TDK Corporation, together with its subsidiaries, manufactures and sells electronic components in Japan, Europe, China, Asia, the Americas, and internationally. The company operates through Passive Components, Sensor Application Products, Magnetic Application Products, Energy Application Products, and Other segments. The Passive Components segment provides ceramic capacitors, aluminum electrolytic capacitors, film capacitors, inductive devices, high-frequency components, piezoelectric materials, and circuit protection components.

TDK Fundamentals Summary

How do TDK's earnings and revenue compare to its market cap?
6762 fundamental statistics
Market CapJP¥1.73t
Earnings (TTM)JP¥105.34b
Revenue (TTM)JP¥1.68t

16.4x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6762 income statement (TTM)
RevenueJP¥1.68t
Cost of RevenueJP¥1.19t
Gross ProfitJP¥492.67b
ExpensesJP¥387.32b
EarningsJP¥105.34b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Jan 31, 2022

Earnings per share (EPS)277.95
Gross Margin29.29%
Net Profit Margin6.26%
Debt/Equity Ratio49.3%

How did 6762 perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

23%

Payout Ratio

Does 6762 pay a reliable dividends?

See 6762 dividend history and benchmarks
When do you need to buy 6762 by to receive an upcoming dividend?
TDK dividend dates
Ex Dividend DateMar 30 2022
Dividend Pay DateJun 24 2022
Days until Ex dividend71 days
Days until Dividend pay date157 days

Does 6762 pay a reliable dividends?

See 6762 dividend history and benchmarks

Valuation

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

31.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 6762 (¥4560) is trading below our estimate of fair value (¥6698.63)

Significantly Below Fair Value: 6762 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6762 is poor value based on its PE Ratio (16.4x) compared to the JP Electronic industry average (13.3x).

PE vs Market: 6762 is poor value based on its PE Ratio (16.4x) compared to the JP market (12.9x).


Price to Earnings Growth Ratio

PEG Ratio: 6762 is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: 6762 is overvalued based on its PB Ratio (1.6x) compared to the JP Electronic industry average (0.9x).


Future Growth

How is TDK forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

13.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6762's forecast earnings growth (13.5% per year) is above the savings rate (0.02%).

Earnings vs Market: 6762's earnings (13.5% per year) are forecast to grow faster than the JP market (9.7% per year).

High Growth Earnings: 6762's earnings are forecast to grow, but not significantly.

Revenue vs Market: 6762's revenue (5.2% per year) is forecast to grow faster than the JP market (4.8% per year).

High Growth Revenue: 6762's revenue (5.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6762's Return on Equity is forecast to be low in 3 years time (12.1%).


Past Performance

How has TDK performed over the past 5 years?

-8.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6762 has high quality earnings.

Growing Profit Margin: 6762's current net profit margins (6.3%) are higher than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: 6762's earnings have declined by 8.2% per year over the past 5 years.

Accelerating Growth: 6762's earnings growth over the past year (91.3%) exceeds its 5-year average (-8.2% per year).

Earnings vs Industry: 6762 earnings growth over the past year (91.3%) exceeded the Electronic industry 57.7%.


Return on Equity

High ROE: 6762's Return on Equity (9.7%) is considered low.


Financial Health

How is TDK's financial position?


Financial Position Analysis

Short Term Liabilities: 6762's short term assets (¥1,319.5B) exceed its short term liabilities (¥1,021.3B).

Long Term Liabilities: 6762's short term assets (¥1,319.5B) exceed its long term liabilities (¥487.2B).


Debt to Equity History and Analysis

Debt Level: 6762's net debt to equity ratio (14.9%) is considered satisfactory.

Reducing Debt: 6762's debt to equity ratio has reduced from 66.1% to 49.3% over the past 5 years.

Debt Coverage: 6762's debt is well covered by operating cash flow (29.4%).

Interest Coverage: 6762 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is TDK current dividend yield, its reliability and sustainability?

1.58%

Current Dividend Yield


Upcoming Dividend Payment

TodayJan 18 2022Ex Dividend DateMar 30 2022Dividend Pay DateJun 24 202286 days from Ex DividendBuy in the next 71 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 6762's dividend (1.58%) is higher than the bottom 25% of dividend payers in the JP market (1.46%).

High Dividend: 6762's dividend (1.58%) is low compared to the top 25% of dividend payers in the JP market (3.27%).


Stability and Growth of Payments

Stable Dividend: 6762's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6762's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.8%), 6762'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?

5.6yrs

Average management tenure


CEO

Shigenao Ishiguro (64 yo)

5.58yrs

Tenure

JP¥104,000,000

Compensation

Mr. Shigenao Ishiguro has been the Chief Executive Officer, President and General Manager of Humidifier Countermeasures Head Quarters at TDK Corporation since June 29, 2016 and served as its General Manage...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Shigenao's total compensation is reasonable compared to companies of similar size in the JP market.

Compensation vs Earnings: Shigenao's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 6762's management team is seasoned and experienced (5.6 years average tenure).


Board Members

Experienced Board: 6762's board of directors are considered experienced (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

TDK Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: TDK Corporation
  • Ticker: 6762
  • Exchange: TSE
  • Founded: 1935
  • Industry: Electronic Components
  • Sector: Tech
  • Implied Market Cap: JP¥1.728t
  • Shares outstanding: 379.00m
  • Website: https://www.jp.tdk.com

Number of Employees


Location

  • TDK Corporation
  • Nihonbashi Takashimaya Mitsui Building
  • 2-5-1, Nihonbashi
  • Tokyo
  • 103-6128
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 16:14
End of Day Share Price2022/01/17 00:00
Earnings2021/09/30
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.