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Market Cap

JP¥610.2b

Last Updated

2021/04/11 08:11 UTC

Data Sources

Company Financials +

Executive Summary

Tobu Railway Co., Ltd. operates a private rail system in the Kanto region. More Details


Snowflake Analysis

Reasonable growth potential second-rate dividend payer.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 9001 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 9001's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-2.0%

9001

-2.7%

JP Transportation

-0.5%

JP Market


1 Year Return

-17.7%

9001

-4.2%

JP Transportation

37.5%

JP Market

Return vs Industry: 9001 underperformed the JP Transportation industry which returned -2.4% over the past year.

Return vs Market: 9001 underperformed the JP Market which returned 39.2% over the past year.


Shareholder returns

9001IndustryMarket
7 Day-2.0%-2.7%-0.5%
30 Day-5.8%-7.3%1.8%
90 Day-2.7%5.2%5.2%
1 Year-17.2%-17.7%-3.2%-4.2%40.5%37.5%
3 Year-6.8%-9.3%-8.5%-11.9%21.1%12.7%
5 Year8.6%3.4%-3.2%-8.6%59.5%41.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

1.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 9001 (¥2925) is trading above our estimate of fair value (¥860.42)

Significantly Below Fair Value: 9001 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 9001 is unprofitable, so we can't compare its PE Ratio to the JP Transportation industry average.

PE vs Market: 9001 is unprofitable, so we can't compare its PE Ratio to the JP market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 9001's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 9001 is overvalued based on its PB Ratio (1.4x) compared to the JP Transportation industry average (0.9x).


Future Growth

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

65.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9001 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0%).

Earnings vs Market: 9001 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 9001's is expected to become profitable in the next 3 years.

Revenue vs Market: 9001's revenue (7.3% per year) is forecast to grow faster than the JP market (5.7% per year).

High Growth Revenue: 9001's revenue (7.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9001's Return on Equity is forecast to be low in 3 years time (7%).


Past Performance

How has Tobu Railway performed over the past 5 years?

-16.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9001 is currently unprofitable.

Growing Profit Margin: 9001 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 9001 is unprofitable, and losses have increased over the past 5 years at a rate of 16.1% per year.

Accelerating Growth: Unable to compare 9001's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 9001 is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (-11.8%).


Return on Equity

High ROE: 9001 has a negative Return on Equity (-4.04%), as it is currently unprofitable.


Financial Health

How is Tobu Railway's financial position?


Financial Position Analysis

Short Term Liabilities: 9001's short term assets (¥130.1B) do not cover its short term liabilities (¥365.9B).

Long Term Liabilities: 9001's short term assets (¥130.1B) do not cover its long term liabilities (¥825.5B).


Debt to Equity History and Analysis

Debt Level: 9001's debt to equity ratio (183.2%) is considered high.

Reducing Debt: 9001's debt to equity ratio has reduced from 192.5% to 183.2% over the past 5 years.

Debt Coverage: 9001's debt is not well covered by operating cash flow (3.4%).

Interest Coverage: Insufficient data to determine if 9001's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Tobu Railway current dividend yield, its reliability and sustainability?

1.37%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 9001's dividend (1.37%) is higher than the bottom 25% of dividend payers in the JP market (1.2%).

High Dividend: 9001's dividend (1.37%) is low compared to the top 25% of dividend payers in the JP market (2.78%).


Stability and Growth of Payments

Stable Dividend: 9001's dividends per share have been stable in the past 10 years.

Growing Dividend: 9001's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 9001 is paying a dividend but the company is unprofitable.


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.


Next Steps

Management

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

5.3yrs

Average management tenure


CEO

Yoshizumi Nezu (69 yo)

21.83yrs

Tenure

Mr. Yoshizumi Nezu has been the President of Tobu Railway Co., Ltd. since June 1999. Mr. Nezu joined Tobu Railway Co., Ltd in April 1974 and served as its Managing Director since April 1991; Senior Managin...


Leadership Team

Experienced Management: 9001's management team is seasoned and experienced (5.3 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

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


Key Information

  • Name: Tobu Railway Co., Ltd.
  • Ticker: 9001
  • Exchange: TSE
  • Founded: 1896
  • Industry: Railroads
  • Sector: Transportation
  • Market Cap: JP¥610.220b
  • Shares outstanding: 208.62m
  • Website: https://www.tobu.co.jp

Number of Employees


Location

  • Tobu Railway Co., Ltd.
  • 18-12 Oshiage 2-chome
  • Sumida-ku
  • Tokyo
  • 131-8522
  • Japan

Listings


Biography

Tobu Railway Co., Ltd. operates a private rail system in the Kanto region. The company’s transportation business consists of fixed-route and long distance bus services, taxi services, freight trucking, and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 08:11
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.