6976 Stock Overview
Taiyo Yuden Co., Ltd. develops, manufactures, and sells electronic components worldwide.
Taiyo Yuden Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥4,965.00|
|52 Week High||JP¥7,710.00|
|52 Week Low||JP¥4,545.00|
|1 Month Change||-1.68%|
|3 Month Change||-12.28%|
|1 Year Change||-8.56%|
|3 Year Change||121.06%|
|5 Year Change||188.16%|
|Change since IPO||501.82%|
Recent News & Updates
|6976||JP Electronic||JP Market|
Return vs Industry: 6976 exceeded the JP Electronic industry which returned -9.9% over the past year.
Return vs Market: 6976 underperformed the JP Market which returned -6.2% over the past year.
|6976 Average Weekly Movement||5.4%|
|Electronic Industry Average Movement||4.6%|
|Market Average Movement||4.2%|
|10% most volatile stocks in JP Market||8.5%|
|10% least volatile stocks in JP Market||2.3%|
Stable Share Price: 6976 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 6976's weekly volatility (5%) has been stable over the past year.
About the Company
Taiyo Yuden Co., Ltd. develops, manufactures, and sells electronic components worldwide. It offers multilayer ceramic capacitors for use in smartphones, automobiles, and other devices; ferrite and applied products, such as inductors used in electronic equipment power and high-frequency circuits; integrated modules and devices, including film bulk acoustic resonator/surface acoustic wave devices for mobile communications and power supply modules; and other electronic components, such as energy devices used as backup power equipment for smart meters and other similar products, as well as peak current assistance for LED flashes. The company also provides noise suppression parts, such as bead inductors, common-mode choke coils, multilayer EMI suppression filters, and ring varistors; chip antennas; balun transformers; wireless modules; and aluminum electrolytic capacitors.
Taiyo Yuden Fundamentals Summary
|6976 fundamental statistics|
Is 6976 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|6976 income statement (TTM)|
|Cost of Revenue||JP¥224.65b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 03, 2022
|Earnings per share (EPS)||436.25|
|Net Profit Margin||15.55%|
How did 6976 perform over the long term?See historical performance and comparison
1.8%Current Dividend Yield
Is 6976 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 6976?
Other financial metrics that can be useful for relative valuation.
|What is 6976's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 6976's PE Ratio compare to its peers?
|6976 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
6806 Hirose ElectricLtd
6965 Hamamatsu Photonics K.K
6770 Alps Alpine
6976 Taiyo Yuden
Price-To-Earnings vs Peers: 6976 is good value based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (17.5x).
Price to Earnings Ratio vs Industry
How does 6976's PE Ratio compare vs other companies in the JP Electronic Industry?
Price-To-Earnings vs Industry: 6976 is expensive based on its Price-To-Earnings Ratio (11.4x) compared to the JP Electronic industry average (11x)
Price to Earnings Ratio vs Fair Ratio
What is 6976's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||11.4x|
|Fair PE Ratio||15.2x|
Price-To-Earnings vs Fair Ratio: 6976 is good value based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (15.2x).
Share Price vs Fair Value
What is the Fair Price of 6976 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 6976 (¥4965) is trading below our estimate of fair value (¥9988.07)
Significantly Below Fair Value: 6976 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 6976 is poor value based on its PEG Ratio (1.8x)
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How is Taiyo Yuden forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6976's forecast earnings growth (6.2% per year) is above the savings rate (0.02%).
Earnings vs Market: 6976's earnings (6.2% per year) are forecast to grow slower than the JP market (9% per year).
High Growth Earnings: 6976's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6976's revenue (6% per year) is forecast to grow faster than the JP market (4.5% per year).
High Growth Revenue: 6976's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6976's Return on Equity is forecast to be low in 3 years time (16.1%).
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How has Taiyo Yuden performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6976 has high quality earnings.
Growing Profit Margin: 6976's current net profit margins (15.5%) are higher than last year (9.5%).
Past Earnings Growth Analysis
Earnings Trend: 6976's earnings have grown significantly by 28.7% per year over the past 5 years.
Accelerating Growth: 6976's earnings growth over the past year (90%) exceeds its 5-year average (28.7% per year).
Earnings vs Industry: 6976 earnings growth over the past year (90%) exceeded the Electronic industry 46%.
Return on Equity
High ROE: 6976's Return on Equity (18.1%) is considered low.
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How is Taiyo Yuden's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 6976's short term assets (¥282.6B) exceed its short term liabilities (¥107.0B).
Long Term Liabilities: 6976's short term assets (¥282.6B) exceed its long term liabilities (¥67.2B).
Debt to Equity History and Analysis
Debt Level: 6976 has more cash than its total debt.
Reducing Debt: 6976's debt to equity ratio has reduced from 33.6% to 24.3% over the past 5 years.
Debt Coverage: 6976's debt is well covered by operating cash flow (92.2%).
Interest Coverage: 6976's interest payments on its debt are well covered by EBIT (748.8x coverage).
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What is Taiyo Yuden current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6976's dividend (1.81%) is higher than the bottom 25% of dividend payers in the JP market (1.68%).
High Dividend: 6976's dividend (1.81%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
Stability and Growth of Payments
Stable Dividend: 6976's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6976's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.5%), 6976's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.1%), 6976's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shoichi Tosaka (67 yo)
Mr. Shoichi Tosaka has been Chief Executive Officer and President at Taiyo Yuden Co., Ltd., since November 04, 2015. Mr. Tosaka joined Taiyo Yuden Co., Ltd. in 1979, and was mainly engaged in materials dev...
Experienced Management: 6976's management team is considered experienced (3.4 years average tenure).
Experienced Board: 6976's board of directors are considered experienced (4 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.
Taiyo Yuden Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Taiyo Yuden Co., Ltd.
- Ticker: 6976
- Exchange: TSE
- Founded: 1950
- Industry: Electronic Components
- Sector: Tech
- Implied Market Cap: JP¥618.683b
- Shares outstanding: 124.61m
- Website: https://www.ty-top.com
Number of Employees
- Taiyo Yuden Co., Ltd.
- Kyobashi East Building
- 2-7-19, Kyobashi
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 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.