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Market Cap

JP¥26.9b

Last Updated

2021/05/10 08:22 UTC

Data Sources

Company Financials +

Executive Summary

CMK Corporation develops, produces, and markets various printed circuit boards and electronic devices for consumer and industrial use in Japan, China, Southeast Asia, and Europe and North America. More Details


Snowflake Analysis

Reasonable growth potential with imperfect balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 6958 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 6958's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.


Market Performance


7 Day Return

4.3%

6958

0.9%

JP Electronic

1.6%

JP Market


1 Year Return

3.6%

6958

35.7%

JP Electronic

31.3%

JP Market

Return vs Industry: 6958 underperformed the JP Electronic industry which returned 35.7% over the past year.

Return vs Market: 6958 underperformed the JP Market which returned 31.3% over the past year.


Shareholder returns

6958IndustryMarket
7 Day4.3%0.9%1.6%
30 Day-2.4%-2.2%-1.4%
90 Day1.6%-5.6%0.1%
1 Year4.9%3.6%37.3%35.7%34.2%31.3%
3 Year-41.1%-43.6%34.7%29.0%15.0%7.1%
5 Year16.0%8.8%124.8%109.0%61.1%43.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.58x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 6958 (¥457) is trading above our estimate of fair value (¥395.07)

Significantly Below Fair Value: 6958 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6958 is unprofitable, so we can't compare its PE Ratio to the JP Electronic industry average.

PE vs Market: 6958 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 6958's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6958 is good value based on its PB Ratio (0.6x) compared to the JP Electronic industry average (1x).


Future Growth

How is CMK forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

106.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6958 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0%).

Earnings vs Market: 6958 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 6958's is expected to become profitable in the next 3 years.

Revenue vs Market: 6958's revenue (7% per year) is forecast to grow faster than the JP market (5.5% per year).

High Growth Revenue: 6958's revenue (7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6958's Return on Equity is forecast to be low in 3 years time (4.8%).


Past Performance

How has CMK performed over the past 5 years?

16.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6958 is currently unprofitable.

Growing Profit Margin: 6958 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 6958 is unprofitable, but has reduced losses over the past 5 years at a rate of 16.2% per year.

Accelerating Growth: Unable to compare 6958's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6958 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (1.9%).


Return on Equity

High ROE: 6958 has a negative Return on Equity (-7.42%), as it is currently unprofitable.


Financial Health

How is CMK's financial position?


Financial Position Analysis

Short Term Liabilities: 6958's short term assets (¥52.6B) exceed its short term liabilities (¥21.8B).

Long Term Liabilities: 6958's short term assets (¥52.6B) exceed its long term liabilities (¥24.7B).


Debt to Equity History and Analysis

Debt Level: 6958's debt to equity ratio (56.6%) is considered high.

Reducing Debt: 6958's debt to equity ratio has increased from 40.2% to 56.6% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if 6958 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 6958 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is CMK current dividend yield, its reliability and sustainability?

1.31%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6958's dividend (1.31%) is higher than the bottom 25% of dividend payers in the JP market (1.24%).

High Dividend: 6958's dividend (1.31%) is low compared to the top 25% of dividend payers in the JP market (2.83%).


Stability and Growth of Payments

Stable Dividend: 6958's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6958's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 6958 is paying a dividend but the company is unprofitable.


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

Isao Osawa

no data

Tenure

Mr. Isao Osawa serves as President and Chief executive Officer of CMK Corporation and its Chairman since 2019. Mr. Osawa serves as Director of CMK Corporation. He served as an Executive Officer of CMK Corp...


Leadership Team

Experienced Management: 6958's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: 6958's board of directors are considered experienced (5.9 years average tenure).


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

CMK Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CMK Corporation
  • Ticker: 6958
  • Exchange: TSE
  • Founded: 1959
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: JP¥26.875b
  • Shares outstanding: 59.20m
  • Website: https://www.cmk-corp.com

Number of Employees


Location

  • CMK Corporation
  • Shinjuku I-Land Tower Building
  • 43rd Floor
  • Tokyo
  • 163-1388
  • Japan

Listings


Biography

CMK Corporation develops, produces, and markets various printed circuit boards and electronic devices for consumer and industrial use in Japan, China, Southeast Asia, and Europe and North America. The comp...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/10 08:22
End of Day Share Price2021/05/10 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.