Icom Incorporated, together with its subsidiaries, manufactures and sells telecommunications equipment primarily in Japan, the United States, Canada, Germany, Spain, Australia, Taiwan, and China. More Details
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Icom's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6820 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 6820's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 6820 underperformed the JP Communications industry which returned 5% over the past year.
Return vs Market: 6820 underperformed the JP Market which returned 27.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Icom's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Icom 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: 6820 (¥2501) is trading above our estimate of fair value (¥1023.76)
Significantly Below Fair Value: 6820 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6820 is good value based on its PE Ratio (20.8x) compared to the JP Communications industry average (22.5x).
PE vs Market: 6820 is poor value based on its PE Ratio (20.8x) compared to the JP market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6820's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6820's PB Ratio (0.6x) is in line with the JP Communications industry average.
How is Icom 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 Icom 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 Icom performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6820 has high quality earnings.
Growing Profit Margin: 6820's current net profit margins (6.2%) are lower than last year (6.3%).
Past Earnings Growth Analysis
Earnings Trend: 6820's earnings have grown by 17.1% per year over the past 5 years.
Accelerating Growth: 6820's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6820 had negative earnings growth (-10%) over the past year, making it difficult to compare to the Communications industry average (17.3%).
Return on Equity
High ROE: 6820's Return on Equity (3.1%) is considered low.
How is Icom's financial position?
Financial Position Analysis
Short Term Liabilities: 6820's short term assets (¥45.5B) exceed its short term liabilities (¥3.5B).
Long Term Liabilities: 6820's short term assets (¥45.5B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 6820 is debt free.
Reducing Debt: 6820 has not had any debt for past 5 years.
Debt Coverage: 6820 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6820 has no debt, therefore coverage of interest payments is not a concern.
What is Icom current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6820's dividend (2%) is higher than the bottom 25% of dividend payers in the JP market (1.31%).
High Dividend: 6820's dividend (2%) is low compared to the top 25% of dividend payers in the JP market (2.98%).
Stability and Growth of Payments
Stable Dividend: 6820's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6820's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44.1%), 6820'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?
Average board tenure
Mr. Tokuzo Inoue founded Icom Incorporated in 1979. Mr. Inoue serves as the Chairman of Icom Incorporated and serves as its President since 2020. He was President at Icom Incorporated.
Experienced Board: 6820's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Icom Incorporated's company bio, employee growth, exchange listings and data sources
- Name: Icom Incorporated
- Ticker: 6820
- Exchange: TSE
- Founded: 1954
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: JP¥36.743b
- Shares outstanding: 14.35m
- Website: https://www.icom.co.jp
Number of Employees
- Icom Incorporated
- 1-1-32, Kamiminami
Icom Incorporated, together with its subsidiaries, manufactures and sells telecommunications equipment primarily in Japan, the United States, Canada, Germany, Spain, Australia, Taiwan, and China. The compa...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/18 09:10|
|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.