Shimadzu Corporation manufactures and sells analytical and measuring instruments, medical systems, industrial machinery, and aircraft equipment worldwide. More Details
No risks detected for 7701 from our risk checks.
Flawless balance sheet with solid track record.
Share Price & News
How has Shimadzu's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 7701 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 7701's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 7701 exceeded the JP Electronic industry which returned 28% over the past year.
Return vs Market: 7701 exceeded the JP Market which returned 21.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Shimadzu's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Shimadzu 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: 7701 (¥4145) is trading above our estimate of fair value (¥2993.57)
Significantly Below Fair Value: 7701 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 7701 is poor value based on its PE Ratio (33.8x) compared to the JP Electronic industry average (16.9x).
PE vs Market: 7701 is poor value based on its PE Ratio (33.8x) compared to the JP market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: 7701 is poor value based on its PEG Ratio (3.8x)
Price to Book Ratio
PB vs Industry: 7701 is overvalued based on its PB Ratio (3.6x) compared to the JP Electronic industry average (1x).
How is Shimadzu forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 7701's forecast earnings growth (8.8% per year) is above the savings rate (0%).
Earnings vs Market: 7701's earnings (8.8% per year) are forecast to grow slower than the JP market (12.8% per year).
High Growth Earnings: 7701's earnings are forecast to grow, but not significantly.
Revenue vs Market: 7701's revenue (4.6% per year) is forecast to grow slower than the JP market (5.2% per year).
High Growth Revenue: 7701's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 7701's Return on Equity is forecast to be low in 3 years time (11.2%).
How has Shimadzu performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 7701 has high quality earnings.
Growing Profit Margin: 7701's current net profit margins (9.2%) are higher than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: 7701's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: 7701's earnings growth over the past year (13.6%) exceeds its 5-year average (7.7% per year).
Earnings vs Industry: 7701 earnings growth over the past year (13.6%) exceeded the Electronic industry 10.1%.
Return on Equity
High ROE: 7701's Return on Equity (10.8%) is considered low.
How is Shimadzu's financial position?
Financial Position Analysis
Short Term Liabilities: 7701's short term assets (¥335.4B) exceed its short term liabilities (¥144.1B).
Long Term Liabilities: 7701's short term assets (¥335.4B) exceed its long term liabilities (¥17.9B).
Debt to Equity History and Analysis
Debt Level: 7701's debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 7701's debt to equity ratio has reduced from 8.7% to 0.5% over the past 5 years.
Debt Coverage: 7701's debt is well covered by operating cash flow (3660.4%).
Interest Coverage: 7701 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Shimadzu current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 7701's dividend (0.84%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.32%).
High Dividend: 7701's dividend (0.84%) is low compared to the top 25% of dividend payers in the JP market (3.01%).
Stability and Growth of Payments
Stable Dividend: 7701's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7701's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.8%), 7701'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
Teruhisa Ueda (64 yo)
Mr. Teruhisa Ueda has been the Chief Executive Officer and President of Shimadzu Corporation since June 2015. Mr. Ueda served as Senior Managing Executive Officer, Managing Executive Officer and Manager of...
Experienced Management: 7701's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: 7701's board of directors are considered experienced (5.5 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.
Shimadzu Corporation's company bio, employee growth, exchange listings and data sources
- Name: Shimadzu Corporation
- Ticker: 7701
- Exchange: TSE
- Founded: 1875
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: JP¥1.221t
- Shares outstanding: 294.65m
- Website: https://www.shimadzu.com
Number of Employees
- Shimadzu Corporation
- 1 Nishinokyo Kuwabara-cho
Shimadzu Corporation manufactures and sells analytical and measuring instruments, medical systems, industrial machinery, and aircraft equipment worldwide. Its analytical and measuring instruments include g...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/20 15:43|
|End of Day Share Price||2021/06/18 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.