Teac Corporation engages in the audio and information product businesses in Japan and internationally. More Details
Excellent balance sheet with solid track record.
Share Price & News
How has Teac's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6803 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 6803's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.
7 Day Return
1 Year Return
Return vs Industry: 6803 underperformed the JP Tech industry which returned 32.9% over the past year.
Return vs Market: 6803 underperformed the JP Market which returned 28.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Teac's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Teac undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6803 (¥114) is trading below our estimate of fair value (¥2578.96)
Significantly Below Fair Value: 6803 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6803 is good value based on its PE Ratio (10.9x) compared to the JP Tech industry average (15.6x).
PE vs Market: 6803 is good value based on its PE Ratio (10.9x) compared to the JP market (16x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6803's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6803 is overvalued based on its PB Ratio (1.8x) compared to the JP Tech industry average (1.2x).
How is Teac forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Teac has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Teac performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6803 has high quality earnings.
Growing Profit Margin: 6803's current net profit margins (2.1%) are higher than last year (0.2%).
Past Earnings Growth Analysis
Earnings Trend: 6803 has become profitable over the past 5 years, growing earnings by 43.2% per year.
Accelerating Growth: 6803's earnings growth over the past year (1014.8%) exceeds its 5-year average (43.2% per year).
Earnings vs Industry: 6803 earnings growth over the past year (1014.8%) exceeded the Tech industry 24.8%.
Return on Equity
High ROE: 6803's Return on Equity (15.5%) is considered low.
How is Teac's financial position?
Financial Position Analysis
Short Term Liabilities: 6803's short term assets (¥7.5B) exceed its short term liabilities (¥5.9B).
Long Term Liabilities: 6803's short term assets (¥7.5B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 6803's debt to equity ratio (163.1%) is considered high.
Reducing Debt: 6803's debt to equity ratio has reduced from 308.9% to 163.1% over the past 5 years.
Debt Coverage: 6803's debt is well covered by operating cash flow (28.8%).
Interest Coverage: 6803's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is Teac current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 6803's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 6803's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 6803's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 6803's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6803's dividend in 3 years as they are not forecast to pay a notable one for the JP market.
How experienced are the management team and are they aligned to shareholders interests?
Yuji Hanabusa (59 yo)
Mr. Yuji Hanabusa has been the Chief Executive Officer and President of Teac Corporation since June 2006 and June 2013 respectively. Mr. Hanabusa joined Teac Corp. in April 1985 and served as its Manager o...
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.
Teac Corporation's company bio, employee growth, exchange listings and data sources
- Name: Teac Corporation
- Ticker: 6803
- Exchange: TSE
- Founded: 1948
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: JP¥3.371b
- Shares outstanding: 28.81m
- Website: https://www.teac.co.jp/jp
Number of Employees
- Teac Corporation
- 1-47 Ochiai
Teac Corporation engages in the audio and information product businesses in Japan and internationally. Its audio products comprise high-end and general audio products; audio equipment for music production ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/17 08:18|
|End of Day Share Price||2021/05/17 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.