SIIX Corporation engages in the parts procurement, logistics, trading, and electronics manufacturing services in Japan and internationally. More Details
Reasonable growth potential with adequate balance sheet and pays a dividend.
Share Price & News
How has SIIX's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 7613 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 7613's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 7613 exceeded the JP Electronic industry which returned 32.7% over the past year.
Return vs Market: 7613 exceeded the JP Market which returned 27.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is SIIX's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is SIIX undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 7613 (¥1485) is trading below our estimate of fair value (¥1746.12)
Significantly Below Fair Value: 7613 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 7613 is poor value based on its PE Ratio (24.4x) compared to the JP Electronic industry average (15.5x).
PE vs Market: 7613 is poor value based on its PE Ratio (24.4x) compared to the JP market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: 7613 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 7613 is overvalued based on its PB Ratio (1.2x) compared to the JP Electronic industry average (0.9x).
How is SIIX forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 7613's forecast earnings growth (31.1% per year) is above the savings rate (0%).
Earnings vs Market: 7613's earnings (31.1% per year) are forecast to grow faster than the JP market (13.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 7613's revenue (9.5% per year) is forecast to grow faster than the JP market (5.2% per year).
High Growth Revenue: 7613's revenue (9.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 7613's Return on Equity is forecast to be high in 3 years time
How has SIIX performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 7613 has high quality earnings.
Growing Profit Margin: 7613's current net profit margins (1.5%) are higher than last year (1.3%).
Past Earnings Growth Analysis
Earnings Trend: 7613's earnings have declined by 23.3% per year over the past 5 years.
Accelerating Growth: 7613's earnings growth over the past year (2%) exceeds its 5-year average (-23.3% per year).
Earnings vs Industry: 7613 earnings growth over the past year (2%) underperformed the Electronic industry 8%.
Return on Equity
High ROE: 7613's Return on Equity (4.7%) is considered low.
How is SIIX's financial position?
Financial Position Analysis
Short Term Liabilities: 7613's short term assets (¥107.8B) exceed its short term liabilities (¥61.1B).
Long Term Liabilities: 7613's short term assets (¥107.8B) exceed its long term liabilities (¥27.1B).
Debt to Equity History and Analysis
Debt Level: 7613's debt to equity ratio (64.7%) is considered high.
Reducing Debt: 7613's debt to equity ratio has increased from 32.6% to 64.7% over the past 5 years.
Debt Coverage: 7613's debt is well covered by operating cash flow (33.5%).
Interest Coverage: 7613's interest payments on its debt are well covered by EBIT (29.3x coverage).
What is SIIX current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 7613's dividend (2.02%) is higher than the bottom 25% of dividend payers in the JP market (1.31%).
High Dividend: 7613's dividend (2.02%) is low compared to the top 25% of dividend payers in the JP market (2.98%).
Stability and Growth of Payments
Stable Dividend: 7613's dividends per share have been stable in the past 10 years.
Growing Dividend: 7613's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.7%), 7613'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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Koji Yanase serves as President & Director at SIIX Corporation since 2020. Koji Yanase served as Executive Officer of Global Sales & Europe Area at SIIX Corporation since September 2019 until 2020 and ...
Experienced Management: 7613's management team is considered experienced (2.3 years average tenure).
Experienced Board: 7613's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
SIIX Corporation's company bio, employee growth, exchange listings and data sources
- Name: SIIX Corporation
- Ticker: 7613
- Exchange: TSE
- Founded: 1957
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: JP¥68.338b
- Shares outstanding: 47.26m
- Website: https://www.siix.co.jp
Number of Employees
- SIIX Corporation
- SIIX Building
- 1-4-9, Bingo-machi
SIIX Corporation engages in the parts procurement, logistics, trading, and electronics manufacturing services in Japan and internationally. It handles components, modules, circuit board mountings, finished...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/18 08:02|
|End of Day Share Price||2021/05/18 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.