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Kyowa Electronic Instruments

Market Cap

JP¥10.6b

Last Updated

2021/05/18 08:16 UTC

Data Sources

Company Financials

Executive Summary

Kyowa Electronic Instruments Co., Ltd. manufactures and distributes stress measurement devices in Japan and internationally. More Details


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Kyowa Electronic Instruments's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6853 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 6853's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-1.0%

6853

-4.4%

JP Electronic

-3.8%

JP Market


1 Year Return

-0.8%

6853

32.7%

JP Electronic

27.6%

JP Market

Return vs Industry: 6853 underperformed the JP Electronic industry which returned 32.7% over the past year.

Return vs Market: 6853 underperformed the JP Market which returned 27.6% over the past year.


Shareholder returns

6853IndustryMarket
7 Day-1.0%-4.4%-3.8%
30 Day-4.7%-4.9%-4.4%
90 Day0.5%-11.5%-5.0%
1 Year1.7%-0.8%34.3%32.7%30.4%27.6%
3 Year-8.0%-15.6%27.7%22.3%10.9%3.2%
5 Year24.0%8.5%111.1%96.2%55.1%37.9%

Long-Term Price Volatility Vs. Market

How volatile is Kyowa Electronic Instruments's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Kyowa Electronic Instruments undervalued compared to its fair value and its price relative to the market?

2.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 6853 (¥384) is trading below our estimate of fair value (¥392.71)

Significantly Below Fair Value: 6853 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 6853's PE Ratio (15.6x) is in line with the JP Electronic industry average.

PE vs Market: 6853 is good value based on its PE Ratio (15.6x) compared to the JP market (15.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6853's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6853 is good value based on its PB Ratio (0.6x) compared to the JP Electronic industry average (0.9x).


Future Growth

How is Kyowa Electronic Instruments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.9%

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 Kyowa Electronic Instruments 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.


Past Performance

How has Kyowa Electronic Instruments performed over the past 5 years?

-6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6853 has high quality earnings.

Growing Profit Margin: 6853's current net profit margins (4.8%) are higher than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: 6853's earnings have declined by 6.9% per year over the past 5 years.

Accelerating Growth: 6853's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 6853 had negative earnings growth (-5.4%) over the past year, making it difficult to compare to the Electronic industry average (8%).


Return on Equity

High ROE: 6853's Return on Equity (4.1%) is considered low.


Financial Health

How is Kyowa Electronic Instruments's financial position?


Financial Position Analysis

Short Term Liabilities: 6853's short term assets (¥16.1B) exceed its short term liabilities (¥5.5B).

Long Term Liabilities: 6853's short term assets (¥16.1B) exceed its long term liabilities (¥2.0B).


Debt to Equity History and Analysis

Debt Level: 6853's debt to equity ratio (11.6%) is considered satisfactory.

Reducing Debt: 6853's debt to equity ratio has reduced from 23.4% to 11.6% over the past 5 years.

Debt Coverage: 6853's debt is well covered by operating cash flow (64.6%).

Interest Coverage: 6853 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Kyowa Electronic Instruments's current dividend yield, its reliability and sustainability?

2.60%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 18 2021Ex Dividend DateDec 29 2021Dividend Pay DateMar 31 202292 days from Ex DividendBuy in the next 224 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 6853's dividend (2.6%) is higher than the bottom 25% of dividend payers in the JP market (1.31%).

High Dividend: 6853's dividend (2.6%) is low compared to the top 25% of dividend payers in the JP market (2.98%).


Stability and Growth of Payments

Stable Dividend: 6853's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6853's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40.6%), 6853'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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Minoru Tateno (65 yo)

2.33yrs

Tenure

Mr. Minoru Tateno has been Chairman of Kyowa Electronic Instruments Co., Ltd. since 2019 and has been its Chief Executive Officer since March 2016 and served as its Co-Chief Executive Officer and served as...


Leadership Team

Experienced Management: 6853's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: 6853's board of directors are not considered experienced ( 2.3 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

Kyowa Electronic Instruments Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kyowa Electronic Instruments Co., Ltd.
  • Ticker: 6853
  • Exchange: TSE
  • Founded: 1949
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: JP¥10.579b
  • Shares outstanding: 27.62m
  • Website: https://www.kyowa-ei.com/eng/

Number of Employees


Location

  • Kyowa Electronic Instruments Co., Ltd.
  • Chofugaoka 3-5-1
  • Chofu
  • Tokyo
  • 182-8520
  • Japan

Listings


Biography

Kyowa Electronic Instruments Co., Ltd. manufactures and distributes stress measurement devices in Japan and internationally. It offers various strain gauges; transducers, such as pressure, acceleration, to...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/18 08:16
End of Day Share Price2021/05/18 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.