Hirose Electric Co.,Ltd. manufactures and sells various types of connectors in Japan and internationally. More Details
Flawless balance sheet with proven track record.
Share Price & News
How has Hirose ElectricLtd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6806 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 6806's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 6806 underperformed the JP Electronic industry which returned 32.7% over the past year.
Return vs Market: 6806 underperformed the JP Market which returned 27.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Hirose ElectricLtd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Hirose ElectricLtd undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 6806 (¥15190) is trading above our estimate of fair value (¥10435.37)
Significantly Below Fair Value: 6806 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6806 is poor value based on its PE Ratio (27.7x) compared to the JP Electronic industry average (15.5x).
PE vs Market: 6806 is poor value based on its PE Ratio (27.7x) compared to the JP market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: 6806 is poor value based on its PEG Ratio (5x)
Price to Book Ratio
PB vs Industry: 6806 is overvalued based on its PB Ratio (1.7x) compared to the JP Electronic industry average (0.9x).
How is Hirose ElectricLtd forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6806's forecast earnings growth (5.5% per year) is above the savings rate (0%).
Earnings vs Market: 6806's earnings (5.5% per year) are forecast to grow slower than the JP market (13.6% per year).
High Growth Earnings: 6806's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6806's revenue (4% per year) is forecast to grow slower than the JP market (5.2% per year).
High Growth Revenue: 6806's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6806's Return on Equity is forecast to be low in 3 years time (6.9%).
How has Hirose ElectricLtd performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6806 has high quality earnings.
Growing Profit Margin: 6806's current net profit margins (14.9%) are higher than last year (12.6%).
Past Earnings Growth Analysis
Earnings Trend: 6806's earnings have declined by 5.5% per year over the past 5 years.
Accelerating Growth: 6806's earnings growth over the past year (30.1%) exceeds its 5-year average (-5.5% per year).
Earnings vs Industry: 6806 earnings growth over the past year (30.1%) exceeded the Electronic industry 8%.
Return on Equity
High ROE: 6806's Return on Equity (6.1%) is considered low.
How is Hirose ElectricLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 6806's short term assets (¥248.0B) exceed its short term liabilities (¥32.0B).
Long Term Liabilities: 6806's short term assets (¥248.0B) exceed its long term liabilities (¥12.4B).
Debt to Equity History and Analysis
Debt Level: 6806 is debt free.
Reducing Debt: 6806 has not had any debt for past 5 years.
Debt Coverage: 6806 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6806 has no debt, therefore coverage of interest payments is not a concern.
What is Hirose ElectricLtd current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6806's dividend (1.71%) is higher than the bottom 25% of dividend payers in the JP market (1.31%).
High Dividend: 6806's dividend (1.71%) is low compared to the top 25% of dividend payers in the JP market (2.98%).
Stability and Growth of Payments
Stable Dividend: 6806's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6806's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.7%), 6806'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.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Kazunori Ishii serves as the President and Representative Director of Hirose Electric Co. Ltd. and served as its a Senior Managing Director. Mr. Ishii served as the President and Representative Directo...
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.
Hirose Electric Co.,Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Hirose Electric Co.,Ltd.
- Ticker: 6806
- Exchange: TSE
- Founded: 1937
- Industry: Electronic Components
- Sector: Tech
- Market Cap: JP¥546.085b
- Shares outstanding: 36.28m
- Website: https://www.hirose.com
Number of Employees
- Hirose Electric Co.,Ltd.
- 2-6-3 Nakagawa Chuoh
Hirose Electric Co.,Ltd. manufactures and sells various types of connectors in Japan and internationally. The company offers multi-pin connectors, including circular and rectangular connectors; connectors ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/18 08:00|
|End of Day Share Price||2021/05/18 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.