Higashi Twenty One Co., Ltd. provides logistics services in Japan. More Details
Flawless balance sheet average dividend payer.
Share Price & News
How has Higashi Twenty One's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 9029 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 9029's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 9029 exceeded the JP Transportation industry which returned -1.6% over the past year.
Return vs Market: 9029 exceeded the JP Market which returned 18.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Higashi Twenty One's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Higashi Twenty One 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: 9029 (¥723) is trading above our estimate of fair value (¥328.46)
Significantly Below Fair Value: 9029 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 9029 is poor value based on its PE Ratio (14.1x) compared to the JP Transportation industry average (12x).
PE vs Market: 9029 is good value based on its PE Ratio (14.1x) compared to the JP market (15.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 9029's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 9029 is overvalued based on its PB Ratio (1.1x) compared to the JP Transportation industry average (0.9x).
How is Higashi Twenty One forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Higashi Twenty One 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 Higashi Twenty One performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 9029 has high quality earnings.
Growing Profit Margin: 9029's current net profit margins (2.7%) are lower than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: 9029's earnings have grown by 11.5% per year over the past 5 years.
Accelerating Growth: 9029's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 9029 had negative earnings growth (-3.6%) over the past year, making it difficult to compare to the Transportation industry average (-2.8%).
Return on Equity
High ROE: 9029's Return on Equity (7.5%) is considered low.
How is Higashi Twenty One's financial position?
Financial Position Analysis
Short Term Liabilities: 9029's short term assets (¥8.1B) exceed its short term liabilities (¥5.3B).
Long Term Liabilities: 9029's short term assets (¥8.1B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 9029's debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: 9029's debt to equity ratio has reduced from 28.8% to 23.3% over the past 5 years.
Debt Coverage: 9029's debt is well covered by operating cash flow (24.5%).
Interest Coverage: 9029's interest payments on its debt are well covered by EBIT (511.5x coverage).
What is Higashi Twenty One current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 9029's dividend (2.77%) is higher than the bottom 25% of dividend payers in the JP market (1.34%).
High Dividend: 9029's dividend (2.77%) is low compared to the top 25% of dividend payers in the JP market (3.06%).
Stability and Growth of Payments
Stable Dividend: 9029's dividends per share have been stable in the past 10 years.
Growing Dividend: 9029's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.1%), 9029'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
Kazuhiro Kojima (60 yo)
Mr. Kazuhiro Kojima was Senior Managing Executive Officer and General Manager of Metropolitan Area Headquarters at Nippon Life Insurance Co. since July 2017 until March 2019. He is a Director of Higashi Tw...
Experienced Management: 9029's management team is seasoned and experienced (5.8 years average tenure).
Experienced Board: 9029's board of directors are not considered experienced ( 2.4 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.
Higashi Twenty One Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Higashi Twenty One Co., Ltd.
- Ticker: 9029
- Exchange: TSE
- Founded: 1944
- Industry: Trucking
- Sector: Transportation
- Market Cap: JP¥9.405b
- Shares outstanding: 13.01m
- Website: https://www.e-higashi.co.jp
Number of Employees
- Higashi Twenty One Co., Ltd.
- 3-1-9, Uchikyuhoji-cho
Higashi Twenty One Co., Ltd. provides logistics services in Japan. It engages in the transportation and delivery, distribution center/warehouse storage, logistics processing, and industrial waste managemen...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/22 08:05|
|End of Day Share Price||2021/06/22 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.