Aichi Tokei Denki Co., Ltd. provides water and gas meters, and related equipment in Japan and internationally. More Details
Flawless balance sheet and undervalued.
Share Price & News
How has Aichi Tokei Denki's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 7723 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 7723's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 7723 underperformed the JP Electronic industry which returned 35.7% over the past year.
Return vs Market: 7723 underperformed the JP Market which returned 31.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Aichi Tokei Denki's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Aichi Tokei Denki 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: 7723 (¥4295) is trading below our estimate of fair value (¥8513.82)
Significantly Below Fair Value: 7723 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 7723 is good value based on its PE Ratio (8.9x) compared to the JP Electronic industry average (16.2x).
PE vs Market: 7723 is good value based on its PE Ratio (8.9x) compared to the JP market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 7723's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 7723 is good value based on its PB Ratio (0.7x) compared to the JP Electronic industry average (1x).
How is Aichi Tokei Denki forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Aichi Tokei Denki has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Aichi Tokei Denki performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 7723 has a large one-off gain of ¥563.0M impacting its December 31 2020 financial results.
Growing Profit Margin: 7723's current net profit margins (5.3%) are lower than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: 7723's earnings have grown by 8.2% per year over the past 5 years.
Accelerating Growth: 7723's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 7723 had negative earnings growth (-5%) over the past year, making it difficult to compare to the Electronic industry average (1.9%).
Return on Equity
High ROE: 7723's Return on Equity (7.7%) is considered low.
How is Aichi Tokei Denki's financial position?
Financial Position Analysis
Short Term Liabilities: 7723's short term assets (¥32.0B) exceed its short term liabilities (¥13.8B).
Long Term Liabilities: 7723's short term assets (¥32.0B) exceed its long term liabilities (¥6.6B).
Debt to Equity History and Analysis
Debt Level: 7723's debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: 7723's debt to equity ratio has reduced from 30.3% to 19% over the past 5 years.
Debt Coverage: 7723's debt is well covered by operating cash flow (61.2%).
Interest Coverage: 7723 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Aichi Tokei Denki current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 7723's dividend (2.33%) is higher than the bottom 25% of dividend payers in the JP market (1.24%).
High Dividend: 7723's dividend (2.33%) is low compared to the top 25% of dividend payers in the JP market (2.83%).
Stability and Growth of Payments
Stable Dividend: 7723's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7723's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.8%), 7723'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
Koichi Kanda (68 yo)
Mr. Koichi Kanda has been the President of Aichi Tokei Denki Co., Ltd., since June 2013 and serves as its Chief Executive Officer since June 2013. Mr. Kanda served a Managing Director of Aichi Tokei Denki ...
Experienced Management: 7723's management team is seasoned and experienced (7.4 years average tenure).
Experienced Board: 7723's board of directors are considered experienced (7.9 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.
Aichi Tokei Denki Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Aichi Tokei Denki Co., Ltd.
- Ticker: 7723
- Exchange: TSE
- Founded: 1898
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: JP¥21.654b
- Shares outstanding: 5.13m
- Website: https://www.aichitokei.co.jp
Number of Employees
- Aichi Tokei Denki Co., Ltd.
- 1-2-70 Chitose
Aichi Tokei Denki Co., Ltd. provides water and gas meters, and related equipment in Japan and internationally. Its products for liquid measurement include electromagnetic water meters, residential water me...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 08:22|
|End of Day Share Price||2021/05/10 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.