TSE:6810

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Maxell Holdings

Executive Summary

Maxell Holdings, Ltd., through its subsidiaries, manufactures and sells energy products, industrial materials, and electronic appliances and consumer products in Japan and internationally. More Details


Snowflake Analysis

Moderate growth potential with imperfect balance sheet.


Similar Companies

Share Price & News

How has Maxell Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6810 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 6810's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

2.0%

6810

2.7%

JP Tech

-0.9%

JP Market


1 Year Return

26.4%

6810

17.0%

JP Tech

36.1%

JP Market

Return vs Industry: 6810 exceeded the JP Tech industry which returned 7.9% over the past year.

Return vs Market: 6810 underperformed the JP Market which returned 28.5% over the past year.


Shareholder returns

6810IndustryMarket
7 Day2.0%2.7%-0.9%
30 Day-0.5%1.6%-0.4%
90 Day13.1%15.8%7.0%
1 Year26.4%26.4%20.6%17.0%39.5%36.1%
3 Year-14.7%-30.7%-2.9%-12.4%16.6%8.6%
5 Year3.4%-19.1%15.1%-2.3%53.8%36.8%

Long-Term Price Volatility Vs. Market

How volatile is Maxell Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

0.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 6810 (¥1445) is trading above our estimate of fair value (¥1283.17)

Significantly Below Fair Value: 6810 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6810 is unprofitable, so we can't compare its PE Ratio to the JP Tech industry average.

PE vs Market: 6810 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 6810's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6810 is good value based on its PB Ratio (0.8x) compared to the JP Tech industry average (1.2x).


Next Steps

Future Growth

How is Maxell Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

49.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6810 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0%).

Earnings vs Market: 6810 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 6810's is expected to become profitable in the next 3 years.

Revenue vs Market: 6810's revenue (3.5% per year) is forecast to grow slower than the JP market (5.7% per year).

High Growth Revenue: 6810's revenue (3.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6810's Return on Equity is forecast to be low in 3 years time (6.9%).


Next Steps

  • Explore growth companies in the Tech industry.

Past Performance

How has Maxell Holdings performed over the past 5 years?

-48.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6810 is currently unprofitable.

Growing Profit Margin: 6810 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 6810 is unprofitable, and losses have increased over the past 5 years at a rate of 48.9% per year.

Accelerating Growth: Unable to compare 6810's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6810 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (13.4%).


Return on Equity

High ROE: 6810 has a negative Return on Equity (-14.52%), as it is currently unprofitable.


Next Steps

Financial Health

How is Maxell Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 6810's short term assets (¥89.7B) exceed its short term liabilities (¥45.4B).

Long Term Liabilities: 6810's short term assets (¥89.7B) exceed its long term liabilities (¥50.3B).


Debt to Equity History and Analysis

Debt Level: 6810's debt to equity ratio (54.5%) is considered high.

Reducing Debt: 6810's debt to equity ratio has increased from 0.4% to 54.5% over the past 5 years.

Debt Coverage: 6810's debt is not well covered by operating cash flow (19.3%).

Interest Coverage: 6810 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Maxell Holdings's current dividend yield, its reliability and sustainability?

1.61%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6810's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6810'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 6810's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6810's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 6810 is not paying a notable dividend for the JP market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6810'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?

1.4yrs

Average management tenure


CEO

Keiji Nakamura (54 yo)

0.75

Tenure

Mr. Keiji Nakamura serves as President of Maxell Holdings, Ltd. since June 2020 and as its Representative Director since June 2018. Mr. Nakamura has been President and Representative Director at Maxell, Lt...


Leadership Team

NamePositionTenureCompensationOwnership
Keiji Nakamura
President & Representative Director0.75yrno data0.0030%
¥ 2.2m
Yoshiharu Katsuta
Director4.75yrsno data0.025%
¥ 18.3m
Noritoshi Masuda
Financial Director & Director1.75yrsno data0.0016%
¥ 1.2m
- Yamagata
Head of Investor Relationsno datano datano data
Seiji Sumoto
GM of Sales Strategy Department & Director1.75yrsno data0.0012%
¥ 869.0k
Tomohiro Suzuki
Executive Officer of HR & General Affairs0.92yrno datano data
Yoshihiro Senzai
Honorary & Senior Advisor0.75yrno data0.061%
¥ 43.7m
Masaharu Deguchi
Executive Officer of R&D Supervisory and Intellectual Property Supervisory1.92yrsno datano data
Kenichi Sano
Executive Officer & GM of the Monozukuri Business Unit0.92yrno datano data
Isami Sato
General Managerno datano datano data
Shinji Sakata
IF Business Secretaryno datano datano data
Hiroyuki Natsumoto
General Managerno datano datano data

1.4yrs

Average Tenure

64yo

Average Age

Experienced Management: 6810's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Keiji Nakamura
President & Representative Director0.75yrno data0.0030%
¥ 2.2m
Yoshiharu Katsuta
Director4.75yrsno data0.025%
¥ 18.3m
Noritoshi Masuda
Financial Director & Director1.75yrsno data0.0016%
¥ 1.2m
Seiji Sumoto
GM of Sales Strategy Department & Director1.75yrsno data0.0012%
¥ 869.0k
Brian K. Heywood
Independent Outside Director0.75yrno datano data
Tatsuhiko Izumi
Outside Independent Director2.75yrsno data0.0024%
¥ 1.7m
Shinobu Watanabe
Outside Independent Director2.75yrsno data0.0073%
¥ 5.2m
Sachiko Murase
Independent Outside Director0.75yrno datano data
Hiroyuki Suzuki
Director0.75yrno data0.0028%
¥ 2.0m

1.8yrs

Average Tenure

61yo

Average Age

Experienced Board: 6810's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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

Maxell Holdings, Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Maxell Holdings, Ltd.
  • Ticker: 6810
  • Exchange: TSE
  • Founded: 1947
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: JP¥71.815b
  • Shares outstanding: 49.46m
  • Website: https://www2.maxell.co.jp

Number of Employees


Location

  • Maxell Holdings, Ltd.
  • Taiyo Life Shinagawa Building
  • 21st Floor
  • Tokyo
  • Tokyo
  • 108-8248
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6810TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
0H2DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

Biography

Maxell Holdings, Ltd., through its subsidiaries, manufactures and sells energy products, industrial materials, and electronic appliances and consumer products in Japan and internationally. The company offe...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/08 08:06
End of Day Share Price2021/03/08 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.