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9046

Kobe Electric Railway TSE:9046 Stock Report

Last Price

JP¥3.25k

Market Cap

JP¥26.1b

7D

1.9%

1Y

-6.3%

Updated

27 Jun, 2022

Data

Company Financials
9046 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health1/6
Dividends0/6

9046 Stock Overview

Kobe Electric Railway Co., Ltd. engages in the railway business in Japan.

Kobe Electric Railway Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kobe Electric Railway
Historical stock prices
Current Share PriceJP¥3,245.00
52 Week HighJP¥3,640.00
52 Week LowJP¥3,060.00
Beta0.080
1 Month Change-2.26%
3 Month Change-0.92%
1 Year Change-6.35%
3 Year Change-18.67%
5 Year Change-18.67%
Change since IPO-53.31%

Recent News & Updates

Shareholder Returns

9046JP TransportationJP Market
7D1.9%1.8%1.9%
1Y-6.3%-8.6%-6.2%

Return vs Industry: 9046 exceeded the JP Transportation industry which returned -8.6% over the past year.

Return vs Market: 9046 matched the JP Market which returned -6.2% over the past year.

Price Volatility

Is 9046's price volatile compared to industry and market?
9046 volatility
9046 Average Weekly Movement2.3%
Transportation Industry Average Movement3.2%
Market Average Movement4.2%
10% most volatile stocks in JP Market8.5%
10% least volatile stocks in JP Market2.3%

Stable Share Price: 9046 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 9046's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1926864Nobuhiko Teradahttps://www.shintetsu.co.jp

Kobe Electric Railway Co., Ltd. engages in the railway business in Japan. The company operates a rail network of 69.6 kilometers. It is also involved real estate, childcare, health, parking lot, and nursing care businesses.

Kobe Electric Railway Fundamentals Summary

How do Kobe Electric Railway's earnings and revenue compare to its market cap?
9046 fundamental statistics
Market CapJP¥26.08b
Earnings (TTM)JP¥519.00m
Revenue (TTM)JP¥20.52b

50.3x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
9046 income statement (TTM)
RevenueJP¥20.52b
Cost of RevenueJP¥16.88b
Gross ProfitJP¥3.63b
Other ExpensesJP¥3.11b
EarningsJP¥519.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 29, 2022

Earnings per share (EPS)64.58
Gross Margin17.71%
Net Profit Margin2.53%
Debt/Equity Ratio285.3%

How did 9046 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 9046 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9046?

Other financial metrics that can be useful for relative valuation.

9046 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.1x
Enterprise Value/EBITDA23.9x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 9046's PE Ratio compare to its peers?

9046 PE Ratio vs Peers
The above table shows the PE ratio for 9046 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average53.7x
9014 Shin-Keisei Electric RailwayLtd
61.8xn/aJP¥32.1b
9049 Keifuku Electric RailroadLtd
9.3xn/aJP¥6.3b
9003 Sotetsu Holdings
121.3xn/aJP¥225.0b
9031 Nishi-Nippon Railroad
22.4x9.3%JP¥221.5b
9046 Kobe Electric Railway
50.3xn/aJP¥26.1b

Price-To-Earnings vs Peers: 9046 is good value based on its Price-To-Earnings Ratio (50.3x) compared to the peer average (53.7x).


Price to Earnings Ratio vs Industry

How does 9046's PE Ratio compare vs other companies in the JP Transportation Industry?

Price-To-Earnings vs Industry: 9046 is expensive based on its Price-To-Earnings Ratio (50.3x) compared to the JP Transportation industry average (11.5x)


Price to Earnings Ratio vs Fair Ratio

What is 9046's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

9046 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio50.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 9046's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 9046 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9046 (¥3245) is trading above our estimate of fair value (¥12.84)

Significantly Below Fair Value: 9046 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 9046's PEG Ratio to determine if it is good value.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


26.3%

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 Kobe Electric 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.


Discover growth companies

Past Performance

How has Kobe Electric Railway performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-27.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 9046 has high quality earnings.

Growing Profit Margin: 9046's current net profit margins (2.5%) are higher than last year (0.9%).


Past Earnings Growth Analysis

Earnings Trend: 9046's earnings have declined by 27.2% per year over the past 5 years.

Accelerating Growth: 9046's earnings growth over the past year (177.5%) exceeds its 5-year average (-27.2% per year).

Earnings vs Industry: 9046 earnings growth over the past year (177.5%) exceeded the Transportation industry 9.5%.


Return on Equity

High ROE: 9046's Return on Equity (2.5%) is considered low.


Discover strong past performing companies

Financial Health

How is Kobe Electric Railway's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 9046's short term assets (¥6.0B) do not cover its short term liabilities (¥35.7B).

Long Term Liabilities: 9046's short term assets (¥6.0B) do not cover its long term liabilities (¥36.0B).


Debt to Equity History and Analysis

Debt Level: 9046's net debt to equity ratio (279.2%) is considered high.

Reducing Debt: 9046's debt to equity ratio has reduced from 402.5% to 285.3% over the past 5 years.

Debt Coverage: 9046's debt is not well covered by operating cash flow (4.8%).

Interest Coverage: 9046's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 9046's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 9046's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 9046's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 9046's dividend payments have been increasing.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 9046 has not reported any payouts.


Discover strong dividend paying companies

Management

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

4.0yrs

Average board tenure


CEO

Nobuhiko Terada (65 yo)

no data

Tenure

Mr. Nobuhiko Terada serves as President at Kobe Electric Railway Co., Ltd. Mr. Terada served as Manager of Railroad Marketing Department of Transportation Division at Hankyu Corporation since June 2003. He...


Board Members

Experienced Board: 9046's board of directors are considered experienced (4 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

Kobe Electric Railway Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Kobe Electric Railway Co., Ltd.
  • Ticker: 9046
  • Exchange: TSE
  • Founded: 1926
  • Industry: Railroads
  • Sector: Transportation
  • Implied Market Cap: JP¥26.080b
  • Shares outstanding: 8.04m
  • Website: https://www.shintetsu.co.jp

Number of Employees


Location

  • Kobe Electric Railway Co., Ltd.
  • 1-3-24, Shinkaichi
  • Hyogo-ku
  • Kobe
  • Hyogo
  • 652-0811
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.