TSE:9039

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Sakai Moving ServiceLtd

Market Cap

JP¥119.7b

Last Updated

2021/06/24 16:55 UTC

Data Sources

Company Financials +

Executive Summary

Sakai Moving Service Co.,Ltd. provides moving transportation services in Japan. More Details


Snowflake Analysis

Flawless balance sheet second-rate dividend payer.

Share Price & News

How has Sakai Moving ServiceLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 9039 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 9039's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

4.3%

9039

-1.4%

JP Transportation

-0.6%

JP Market


1 Year Return

2.6%

9039

2.2%

JP Transportation

23.0%

JP Market

Return vs Industry: 9039 exceeded the JP Transportation industry which returned 2.2% over the past year.

Return vs Market: 9039 underperformed the JP Market which returned 23% over the past year.


Shareholder returns

9039IndustryMarket
7 Day4.3%-1.4%-0.6%
30 Day4.1%6.6%1.9%
90 Day11.7%-2.7%-1.2%
1 Year4.2%2.6%3.3%2.2%25.6%23.0%
3 Year9.6%6.0%-13.0%-16.2%20.9%12.8%
5 Year110.7%99.2%8.7%2.5%73.1%54.4%

Long-Term Price Volatility Vs. Market

How volatile is Sakai Moving ServiceLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sakai Moving ServiceLtd undervalued compared to its fair value and its price relative to the market?

8.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 9039 (¥5840) is trading below our estimate of fair value (¥6389.23)

Significantly Below Fair Value: 9039 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 9039 is poor value based on its PE Ratio (15.6x) compared to the JP Transportation industry average (12.2x).

PE vs Market: 9039 is good value based on its PE Ratio (15.6x) compared to the JP market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: 9039 is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: 9039 is overvalued based on its PB Ratio (1.7x) compared to the JP Transportation industry average (0.9x).


Future Growth

How is Sakai Moving ServiceLtd forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

6.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9039's forecast earnings growth (6.5% per year) is above the savings rate (0%).

Earnings vs Market: 9039's earnings (6.5% per year) are forecast to grow slower than the JP market (12.8% per year).

High Growth Earnings: 9039's earnings are forecast to grow, but not significantly.

Revenue vs Market: 9039's revenue (4.8% per year) is forecast to grow slower than the JP market (5.3% per year).

High Growth Revenue: 9039's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9039's Return on Equity is forecast to be low in 3 years time (10.4%).


Past Performance

How has Sakai Moving ServiceLtd performed over the past 5 years?

14.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9039 has high quality earnings.

Growing Profit Margin: 9039's current net profit margins (7.7%) are lower than last year (8.9%).


Past Earnings Growth Analysis

Earnings Trend: 9039's earnings have grown by 14.2% per year over the past 5 years.

Accelerating Growth: 9039's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 9039 had negative earnings growth (-14%) over the past year, making it difficult to compare to the Transportation industry average (-2.8%).


Return on Equity

High ROE: 9039's Return on Equity (10.7%) is considered low.


Financial Health

How is Sakai Moving ServiceLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 9039's short term assets (¥31.8B) exceed its short term liabilities (¥21.7B).

Long Term Liabilities: 9039's short term assets (¥31.8B) exceed its long term liabilities (¥5.7B).


Debt to Equity History and Analysis

Debt Level: 9039's debt to equity ratio (5.1%) is considered satisfactory.

Reducing Debt: 9039's debt to equity ratio has reduced from 9% to 5.1% over the past 5 years.

Debt Coverage: 9039's debt is well covered by operating cash flow (309.8%).

Interest Coverage: 9039 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Sakai Moving ServiceLtd current dividend yield, its reliability and sustainability?

1.54%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 9039's dividend (1.54%) is higher than the bottom 25% of dividend payers in the JP market (1.32%).

High Dividend: 9039's dividend (1.54%) is low compared to the top 25% of dividend payers in the JP market (3.01%).


Stability and Growth of Payments

Stable Dividend: 9039's dividend payments have been volatile in the past 10 years.

Growing Dividend: 9039's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.3%), 9039's dividend payments are thoroughly 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.


Next Steps

Management

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

10.0yrs

Average management tenure


CEO

Tetsuyasu Tajima (55 yo)

10yrs

Tenure

Mr. Tetsuyasu Tajima has been the President and Representative Director of Sakai Moving Service Co.,Ltd. since June 2011 and has been its General Manager of Business Division since January 2017.


Leadership Team

Experienced Management: 9039's management team is seasoned and experienced (10 years average tenure).


Board Members

Experienced Board: 9039's board of directors are seasoned and experienced ( 17 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

Sakai Moving Service Co.,Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sakai Moving Service Co.,Ltd.
  • Ticker: 9039
  • Exchange: TSE
  • Founded: 1956
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: JP¥119.692b
  • Shares outstanding: 20.53m
  • Website: https://www.hikkoshi-sakai.co.jp

Number of Employees


Location

  • Sakai Moving Service Co.,Ltd.
  • 56 Ishizu Kitamachi
  • Sakai-ku
  • Sakai
  • Osaka
  • 590-0823
  • Japan

Listings


Biography

Sakai Moving Service Co.,Ltd. provides moving transportation services in Japan. It also offers moving incidental services. The company was formerly known as Sakai Hikkoshi Center and changed its name to Sa...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/24 16:55
End of Day Share Price2021/06/24 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.