JASDAQ:9012

Stock Analysis Report

Executive Summary

Chichibu Railway Co., Ltd., together with its subsidiaries, engages in the railway business in Japan.


Snowflake Analysis

Mediocre balance sheet with acceptable track record.

Share Price & News

How has Chichibu Railway's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 9012 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-13.1%

9012

-10.8%

JP Transportation

-8.9%

JP Market


1 Year Return

-21.4%

9012

-21.1%

JP Transportation

-17.9%

JP Market

Return vs Industry: 9012 matched the JP Transportation industry which returned -21% over the past year.

Return vs Market: 9012 underperformed the JP Market which returned -17.1% over the past year.


Shareholder returns

9012IndustryMarket
7 Day-13.1%-10.8%-8.9%
30 Day-14.9%-4.2%-12.1%
90 Day-17.9%-22.1%-22.9%
1 Year-21.4%-21.4%-20.0%-21.1%-15.7%-17.9%
3 Year-15.9%-15.9%-3.1%-6.7%-3.7%-10.5%
5 Year1.1%1.1%-8.3%-13.6%-3.5%-14.0%

Price Volatility Vs. Market

How volatile is Chichibu Railway's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Chichibu Railway undervalued compared to its fair value and its price relative to the market?

35.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 9012's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 9012's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 9012 is poor value based on its PE Ratio (35.4x) compared to the Transportation industry average (10.5x).

PE vs Market: 9012 is poor value based on its PE Ratio (35.4x) compared to the JP market (11.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 9012's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 9012 is good value based on its PB Ratio (0.3x) compared to the JP Transportation industry average (0.8x).


Next Steps

Future Growth

How is Chichibu Railway forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.3%

Forecasted Transportation 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 Chichibu Railway 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.


Next Steps

Past Performance

How has Chichibu Railway performed over the past 5 years?

-3.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9012 has a large one-off loss of ¥32.0M impacting its December 31 2019 financial results.

Growing Profit Margin: 9012's current net profit margins (1.6%) are higher than last year (1.5%).


Past Earnings Growth Analysis

Earnings Trend: 9012's earnings have declined by -3.5% per year over the past 5 years.

Accelerating Growth: 9012's earnings growth over the past year (11.7%) exceeds its 5-year average (-3.5% per year).

Earnings vs Industry: 9012 earnings growth over the past year (11.7%) exceeded the Transportation industry 5.1%.


Return on Equity

High ROE: 9012's Return on Equity (0.8%) is considered low.


Next Steps

Financial Health

How is Chichibu Railway's financial position?


Financial Position Analysis

Short Term Liabilities: 9012's short term assets (¥1.5B) do not cover its short term liabilities (¥3.4B).

Long Term Liabilities: 9012's short term assets (¥1.5B) do not cover its long term liabilities (¥8.5B).


Debt to Equity History and Analysis

Debt Level: 9012's debt to equity ratio (38.2%) is considered satisfactory.

Reducing Debt: 9012's debt to equity ratio has reduced from 52.3% to 38.2% over the past 5 years.

Debt Coverage: 9012's debt is not well covered by operating cash flow (15.7%).

Interest Coverage: 9012's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet

Inventory Level: 9012 has a high level of physical assets or inventory.

Debt Coverage by Assets: 9012's debt is not covered by short term assets (assets are 0.3x debt).


Next Steps

Dividend

What is Chichibu Railway's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 9012's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 9012's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 9012's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 9012's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 9012's dividend in 3 years as they are not forecast to pay a notable one for the JP market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.3yrs

Average board tenure


CEO

Takao Otani (64yo)

8.83s

Tenure

Mr. Takao Ohtani has been the President of Chichibu Railway Co. Ltd. since June 2011. Mr. Ohtani joined Chichibu Cement Co. in April 1978. He served as Section Chief of Accounting Section for Accounting De ...


Board Members

NamePositionTenureCompensationOwnership
Takao Otani
President and Representative Director8.83yrsno data0.22% ¥6.6m
Kazuo Akaiwa
Managing Executive Officer and Director10.83yrsno datano data
Takaaki Nakayama
External Director8.83yrsno datano data
Shinpei Takada
Corporate Auditor7.83yrsno datano data
Shuji Yasutake
External Auditor4.83yrsno datano data
Mitsuaki Murata
Full-Time External Auditor3.83yrsno data0.020% ¥615.5k

8.3yrs

Average Tenure

65yo

Average Age

Experienced Board: 9012's board of directors are considered experienced (8.3 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

Chichibu Railway Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chichibu Railway Co., Ltd.
  • Ticker: 9012
  • Exchange: JASDAQ
  • Founded: 1899
  • Industry: Railroads
  • Sector: Transportation
  • Market Cap: JP¥3.049b
  • Shares outstanding: 1.49m
  • Website: https://www.chichibu-railway.co.jp

Number of Employees


Location

  • Chichibu Railway Co., Ltd.
  • 1, Atsukicho
  • Kumagaya
  • Saitama
  • 360-0033
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
9012JASDAQ (TSE JASDAQ)YesCommon StockJPJPYJan 1992

Biography

Chichibu Railway Co., Ltd., together with its subsidiaries, engages in the railway business in Japan. It operates trains, passenger cars, electric and steam locomotives, freight cars, and private wagons. The company is also involved in the rental of real estate properties, such as apartments, detached houses, stores and offices, monthly parking lots, second-hand housing, etc. In addition, it engages in tourism and life insurance agency businesses. The company was founded in 1899 and is headquartered in Kumagaya, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/03 15:09
End of Day Share Price2020/04/03 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.