TSE:9046

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Kobe Electric Railway

Market Cap

JP¥28.3b

Last Updated

2021/06/13 08:07 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

Poor track record with worrying balance sheet.

Share Price & News

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


Latest Share Price and Events

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.


Market Performance


7 Day Return

0.3%

9046

0.8%

JP Transportation

0.06%

JP Market


1 Year Return

-2.5%

9046

0.07%

JP Transportation

23.0%

JP Market

Return vs Industry: 9046 underperformed the JP Transportation industry which returned 0.1% over the past year.

Return vs Market: 9046 underperformed the JP Market which returned 23% over the past year.


Shareholder returns

9046IndustryMarket
7 Day0.3%0.8%0.06%
30 Day-2.0%10.8%5.5%
90 Day-5.6%-0.8%0.02%
1 Year-2.5%-2.5%1.1%0.07%25.7%23.0%
3 Year-12.3%-12.3%-14.2%-17.3%16.7%8.7%
5 Year-1.4%-1.4%15.1%8.6%72.5%53.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

151.3x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 9046's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 9046's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 9046 is poor value based on its PE Ratio (151.3x) compared to the JP Transportation industry average (12.3x).

PE vs Market: 9046 is poor value based on its PE Ratio (151.3x) compared to the JP market (16.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: 9046 is overvalued based on its PB Ratio (1.4x) compared to the JP Transportation industry average (0.9x).


Future Growth

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

63.4%

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.


Past Performance

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

-23.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9046 has high quality earnings.

Growing Profit Margin: 9046's current net profit margins (0.9%) are lower than last year (4.4%).


Past Earnings Growth Analysis

Earnings Trend: 9046's earnings have declined by 23.2% per year over the past 5 years.

Accelerating Growth: 9046's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 9046 had negative earnings growth (-81.4%) over the past year, making it difficult to compare to the Transportation industry average (-2.8%).


Return on Equity

High ROE: 9046's Return on Equity (0.9%) is considered low.


Financial Health

How is Kobe Electric Railway's financial position?


Financial Position Analysis

Short Term Liabilities: 9046's short term assets (¥5.7B) do not cover its short term liabilities (¥28.7B).

Long Term Liabilities: 9046's short term assets (¥5.7B) do not cover its long term liabilities (¥44.0B).


Debt to Equity History and Analysis

Debt Level: 9046's debt to equity ratio (299.8%) is considered high.

Reducing Debt: 9046's debt to equity ratio has reduced from 463.4% to 299.8% over the past 5 years.

Debt Coverage: 9046's debt is not well covered by operating cash flow (3.1%).

Interest Coverage: 9046's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


Dividend

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


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.


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 9046'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?

4.0yrs

Average board tenure


CEO

Nobuhiko Terada (63 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 company bio, 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
  • Market Cap: JP¥28.293b
  • 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


Biography

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 nursin...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/13 08:07
End of Day Share Price2021/06/11 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.