Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 2/6 |
Past Performance | 4/6 |
Financial Health | 5/6 |
Dividends | 5/6 |
6981 Stock Overview
Murata Manufacturing Co., Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally.
Rewards
Risk Analysis
No risks detected for 6981 from our risk checks.
Murata Manufacturing Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | JP¥7,885.00 |
52 Week High | JP¥10,535.00 |
52 Week Low | JP¥7,008.00 |
Beta | 0.87 |
1 Month Change | -4.39% |
3 Month Change | -2.86% |
1 Year Change | -7.04% |
3 Year Change | 58.78% |
5 Year Change | 39.72% |
Change since IPO | 229.46% |
Recent News & Updates
Shareholder Returns
6981 | JP Electronic | JP Market | |
---|---|---|---|
7D | 2.7% | 1.1% | 1.8% |
1Y | -7.0% | -8.5% | -4.7% |
Return vs Industry: 6981 exceeded the JP Electronic industry which returned -8.5% over the past year.
Return vs Market: 6981 underperformed the JP Market which returned -4.7% over the past year.
Price Volatility
6981 volatility | |
---|---|
6981 Average Weekly Movement | 4.0% |
Electronic Industry Average Movement | 4.5% |
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: 6981 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 6981's weekly volatility (4%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1944 | 77,581 | Norio Nakajima | https://www.murata.com |
Murata Manufacturing Co., Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally. It operates through Components, Modules, and Others segments. The company offers capacitors, inductors, noise suppression products/EMI suppression filters/ESD protection devices, resistors, thermistors, sensors, timing devices, quartz devices, sound components, power products, batteries, micro mechatronics, RFID devices, matching devices, baluns, couplers, filters, phase shifters, RF switches, front-end modules, SAW components, connectors, antennas, connectivity modules, wireless connectivity platforms, ionizers/active oxygen modules, and transformers.
Murata Manufacturing Fundamentals Summary
6981 fundamental statistics | |
---|---|
Market Cap | JP¥5.02t |
Earnings (TTM) | JP¥314.12b |
Revenue (TTM) | JP¥1.81t |
16.0x
P/E Ratio2.8x
P/S RatioIs 6981 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
6981 income statement (TTM) | |
---|---|
Revenue | JP¥1.81t |
Cost of Revenue | JP¥1.04t |
Gross Profit | JP¥768.23b |
Other Expenses | JP¥454.11b |
Earnings | JP¥314.12b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 28, 2022
Earnings per share (EPS) | 493.25 |
Gross Margin | 42.38% |
Net Profit Margin | 17.33% |
Debt/Equity Ratio | 4.9% |
How did 6981 perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield26%
Payout RatioValuation
Is 6981 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation 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
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 6981?
Other financial metrics that can be useful for relative valuation.
What is 6981's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | JP¥5.02t |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 2.5x |
Enterprise Value/EBITDA | 7.9x |
PEG Ratio | 2.2x |
Price to Earnings Ratio vs Peers
How does 6981's PE Ratio compare to its peers?
6981 PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 18.6x | ||
6971 Kyocera | 17.9x | 6.3% | JP¥2.7t |
6762 TDK | 9.3x | -0.4% | JP¥1.6t |
6645 OMRON | 23x | 8.7% | JP¥1.4t |
6965 Hamamatsu Photonics K.K | 24.1x | 5.1% | JP¥857.8b |
6981 Murata Manufacturing | 16x | 7.2% | JP¥5.0t |
Price-To-Earnings vs Peers: 6981 is good value based on its Price-To-Earnings Ratio (16x) compared to the peer average (18.6x).
Price to Earnings Ratio vs Industry
How does 6981's PE Ratio compare vs other companies in the JP Electronic Industry?
Price-To-Earnings vs Industry: 6981 is expensive based on its Price-To-Earnings Ratio (16x) compared to the JP Electronic industry average (11.2x)
Price to Earnings Ratio vs Fair Ratio
What is 6981'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.
Fair Ratio | |
---|---|
Current PE Ratio | 16x |
Fair PE Ratio | 17.1x |
Price-To-Earnings vs Fair Ratio: 6981 is good value based on its Price-To-Earnings Ratio (16x) compared to the estimated Fair Price-To-Earnings Ratio (17.1x).
Share Price vs Fair Value
What is the Fair Price of 6981 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 6981 (¥7885) is trading below our estimate of fair value (¥12090.26)
Significantly Below Fair Value: 6981 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 6981 is poor value based on its PEG Ratio (2.2x)
Discover undervalued companies
Future Growth
How is Murata Manufacturing forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
7.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6981's forecast earnings growth (7.2% per year) is above the savings rate (0.02%).
Earnings vs Market: 6981's earnings (7.2% per year) are forecast to grow slower than the JP market (8.9% per year).
High Growth Earnings: 6981's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6981's revenue (5.4% per year) is forecast to grow faster than the JP market (4.5% per year).
High Growth Revenue: 6981's revenue (5.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6981's Return on Equity is forecast to be low in 3 years time (14.1%).
Discover growth companies
Past Performance
How has Murata Manufacturing performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
15.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6981 has high quality earnings.
Growing Profit Margin: 6981's current net profit margins (17.3%) are higher than last year (14.5%).
Past Earnings Growth Analysis
Earnings Trend: 6981's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: 6981's earnings growth over the past year (32.5%) exceeds its 5-year average (15% per year).
Earnings vs Industry: 6981 earnings growth over the past year (32.5%) underperformed the Electronic industry 46%.
Return on Equity
High ROE: 6981's Return on Equity (13.9%) is considered low.
Discover strong past performing companies
Financial Health
How is Murata Manufacturing's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 6981's short term assets (¥1,435.2B) exceed its short term liabilities (¥321.3B).
Long Term Liabilities: 6981's short term assets (¥1,435.2B) exceed its long term liabilities (¥224.0B).
Debt to Equity History and Analysis
Debt Level: 6981 has more cash than its total debt.
Reducing Debt: 6981's debt to equity ratio has increased from 3.4% to 4.9% over the past 5 years.
Debt Coverage: 6981's debt is well covered by operating cash flow (379.8%).
Interest Coverage: 6981 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Dividend
What is Murata Manufacturing current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.90%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6981's dividend (1.9%) is higher than the bottom 25% of dividend payers in the JP market (1.67%).
High Dividend: 6981's dividend (1.9%) is low compared to the top 25% of dividend payers in the JP market (3.71%).
Stability and Growth of Payments
Stable Dividend: 6981's dividends per share have been stable in the past 10 years.
Growing Dividend: 6981's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), 6981's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.3%), 6981's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Norio Nakajima (61 yo)
2yrs
Tenure
Mr. Norio Nakajima has been President at Murata Manufacturing Co., Ltd. since June 2020. He served as Senior Executive Vice President at Murata Manufacturing Co., Ltd.since June 29, 2017 until June 2020 a...
Leadership Team
Experienced Management: 6981's management team is considered experienced (4.2 years average tenure).
Board Members
Experienced Board: 6981's board of directors are considered experienced (4 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
Murata Manufacturing Co., Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: Murata Manufacturing Co., Ltd.
- Ticker: 6981
- Exchange: TSE
- Founded: 1944
- Industry: Electronic Components
- Sector: Tech
- Implied Market Cap: JP¥5.021t
- Shares outstanding: 636.84m
- Website: https://www.murata.com
Number of Employees
Location
- Murata Manufacturing Co., Ltd.
- 10-1, Higashikotari 1-chome
- Nagaokakyo
- Kyoto
- 617-8555
- Japan
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/28 00:00 |
End of Day Share Price | 2022/06/28 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2022/03/31 |
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.