Tamura Corporation manufactures and sells electronic components, electronic chemicals/FA systems, and information equipment in Japan, Asia, Europe, and the Americas. More Details
Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has Tamura's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6768 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 6768's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 6768 underperformed the JP Electronic industry which returned 35.7% over the past year.
Return vs Market: 6768 underperformed the JP Market which returned 31.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tamura's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Tamura undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 6768 (¥527) is trading above our estimate of fair value (¥170.24)
Significantly Below Fair Value: 6768 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6768 is unprofitable, so we can't compare its PE Ratio to the JP Electronic industry average.
PE vs Market: 6768 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 6768's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6768's PB Ratio (1x) is in line with the JP Electronic industry average.
How is Tamura forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6768 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0%).
Earnings vs Market: 6768 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 6768's is expected to become profitable in the next 3 years.
Revenue vs Market: 6768's revenue (6.6% per year) is forecast to grow faster than the JP market (5.5% per year).
High Growth Revenue: 6768's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6768's Return on Equity is forecast to be low in 3 years time (5.1%).
How has Tamura performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6768 is currently unprofitable.
Growing Profit Margin: 6768 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 6768 is unprofitable, and losses have increased over the past 5 years at a rate of 6.4% per year.
Accelerating Growth: Unable to compare 6768's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 6768 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (1.9%).
Return on Equity
High ROE: 6768 has a negative Return on Equity (-0.54%), as it is currently unprofitable.
How is Tamura's financial position?
Financial Position Analysis
Short Term Liabilities: 6768's short term assets (¥51.0B) exceed its short term liabilities (¥24.7B).
Long Term Liabilities: 6768's short term assets (¥51.0B) exceed its long term liabilities (¥15.7B).
Debt to Equity History and Analysis
Debt Level: 6768's debt to equity ratio (43.5%) is considered high.
Reducing Debt: 6768's debt to equity ratio has reduced from 51.8% to 43.5% over the past 5 years.
Debt Coverage: 6768's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 6768 is unprofitable, therefore interest payments are not well covered by earnings.
What is Tamura current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6768's dividend (1.52%) is higher than the bottom 25% of dividend payers in the JP market (1.24%).
High Dividend: 6768's dividend (1.52%) is low compared to the top 25% of dividend payers in the JP market (2.83%).
Stability and Growth of Payments
Stable Dividend: 6768's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6768's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: 6768 is paying a dividend but the company is unprofitable.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Naoki Tamura (62 yo)
Mr. Naoki Tamura serves as Chairman of the Board at Tamura Corporation since June 26, 2019. Mr. Tamura serves as Chief Executive Officer and President at Tamura Electronics (M) Sdn. Bhd. Mr. Tamura serves ...
Experienced Management: 6768's management team is seasoned and experienced (6.9 years average tenure).
Experienced Board: 6768's board of directors are considered experienced (5.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tamura Corporation's company bio, employee growth, exchange listings and data sources
- Name: Tamura Corporation
- Ticker: 6768
- Exchange: TSE
- Founded: 1924
- Industry: Electronic Components
- Sector: Tech
- Market Cap: JP¥42.951b
- Shares outstanding: 82.13m
- Website: https://www.tamuracorp.com
Number of Employees
- Tamura Corporation
- 1-19-43 Higashi-Oizumi
Tamura Corporation manufactures and sells electronic components, electronic chemicals/FA systems, and information equipment in Japan, Asia, Europe, and the Americas. The company offers electronic component...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 08:34|
|End of Day Share Price||2021/05/10 00:00|
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.