Daishinku Corp. manufactures and sells electronic components and equipment in Japan and internationally. More Details
Good value with reasonable growth potential.
Share Price & News
How has Daishinku's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6962 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 6962's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.
7 Day Return
1 Year Return
Return vs Industry: 6962 exceeded the JP Electronic industry which returned 35.8% over the past year.
Return vs Market: 6962 exceeded the JP Market which returned 31.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Daishinku's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Daishinku 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: 6962 (¥2640) is trading above our estimate of fair value (¥1241.57)
Significantly Below Fair Value: 6962 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6962 is good value based on its PE Ratio (15.3x) compared to the JP Electronic industry average (16.2x).
PE vs Market: 6962 is good value based on its PE Ratio (15.3x) compared to the JP market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: 6962 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 6962 is good value based on its PB Ratio (0.8x) compared to the JP Electronic industry average (1x).
How is Daishinku forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6962's forecast earnings growth (25.4% per year) is above the savings rate (0%).
Earnings vs Market: 6962's earnings (25.4% per year) are forecast to grow faster than the JP market (15.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 6962's revenue (8.1% per year) is forecast to grow faster than the JP market (5.5% per year).
High Growth Revenue: 6962's revenue (8.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6962's Return on Equity is forecast to be low in 3 years time (5.9%).
How has Daishinku performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6962 has a large one-off gain of ¥479.0M impacting its December 31 2020 financial results.
Growing Profit Margin: 6962 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 6962 has become profitable over the past 5 years, growing earnings by 27.8% per year.
Accelerating Growth: 6962 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 6962 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (1.9%).
Return on Equity
High ROE: 6962's Return on Equity (5.7%) is considered low.
How is Daishinku's financial position?
Financial Position Analysis
Short Term Liabilities: 6962's short term assets (¥37.7B) exceed its short term liabilities (¥17.7B).
Long Term Liabilities: 6962's short term assets (¥37.7B) exceed its long term liabilities (¥15.6B).
Debt to Equity History and Analysis
Debt Level: 6962's debt to equity ratio (77.1%) is considered high.
Reducing Debt: 6962's debt to equity ratio has increased from 64.7% to 77.1% over the past 5 years.
Debt Coverage: 6962's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: 6962's interest payments on its debt are well covered by EBIT (45.5x coverage).
What is Daishinku current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6962's dividend (0.76%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.24%).
High Dividend: 6962's dividend (0.76%) is low compared to the top 25% of dividend payers in the JP market (2.83%).
Stability and Growth of Payments
Stable Dividend: 6962's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6962's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.7%), 6962's dividend payments are thoroughly 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 management tenure
Sohei Hasegawa (67 yo)
Mr. Sohei Hasegawa has been the President at Daishinku Corp. since November 2000. Mr. Hasegawa joined Daishinku Corp. in April 1977 and served as its General Manager of Computer Division since April 1989; ...
Experienced Management: 6962's management team is seasoned and experienced (8.3 years average tenure).
Experienced Board: 6962's board of directors are considered experienced (4.8 years average tenure).
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.
Daishinku Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Daishinku Corp.
- Ticker: 6962
- Exchange: TSE
- Founded: 1959
- Industry: Electronic Components
- Sector: Tech
- Market Cap: JP¥21.308b
- Shares outstanding: 8.07m
- Website: https://www.kds.info
Number of Employees
- Daishinku Corp.
- 1389 Shinzaike
Daishinku Corp. manufactures and sells electronic components and equipment in Japan and internationally. The company offers crystal resonators, crystal and MEMS oscillators, monolithic crystal filters, opt...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/09 08:30|
|End of Day Share Price||2021/05/07 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.