Okayamaken Freight Transportation Co., Ltd. More Details
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Okayamaken Freight Transportation's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 9063 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 9063's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 9063 exceeded the JP Transportation industry which returned 1.4% over the past year.
Return vs Market: 9063 underperformed the JP Market which returned 22.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Okayamaken Freight Transportation's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Okayamaken Freight Transportation undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 9063 (¥2829) is trading below our estimate of fair value (¥5601.39)
Significantly Below Fair Value: 9063 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 9063 is good value based on its PE Ratio (5.2x) compared to the JP Transportation industry average (12.2x).
PE vs Market: 9063 is good value based on its PE Ratio (5.2x) compared to the JP market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 9063's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 9063 is good value based on its PB Ratio (0.3x) compared to the JP Transportation industry average (0.9x).
How is Okayamaken Freight Transportation 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 Okayamaken Freight Transportation 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 Okayamaken Freight Transportation performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 9063 has high quality earnings.
Growing Profit Margin: 9063's current net profit margins (2.8%) are higher than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: 9063's earnings have declined by 3.4% per year over the past 5 years.
Accelerating Growth: 9063's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 9063 had negative earnings growth (-2.1%) over the past year, making it difficult to compare to the Transportation industry average (-2.8%).
Return on Equity
High ROE: 9063's Return on Equity (6.1%) is considered low.
How is Okayamaken Freight Transportation's financial position?
Financial Position Analysis
Short Term Liabilities: 9063's short term assets (¥13.4B) exceed its short term liabilities (¥12.0B).
Long Term Liabilities: 9063's short term assets (¥13.4B) exceed its long term liabilities (¥12.1B).
Debt to Equity History and Analysis
Debt Level: 9063's debt to equity ratio (78.6%) is considered high.
Reducing Debt: 9063's debt to equity ratio has reduced from 151.8% to 78.6% over the past 5 years.
Debt Coverage: 9063's debt is well covered by operating cash flow (21.9%).
Interest Coverage: 9063's interest payments on its debt are well covered by EBIT (10.8x coverage).
What is Okayamaken Freight Transportation current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 9063's dividend (2.47%) is higher than the bottom 25% of dividend payers in the JP market (1.31%).
High Dividend: 9063's dividend (2.47%) is low compared to the top 25% of dividend payers in the JP market (2.99%).
Stability and Growth of Payments
Stable Dividend: 9063's dividends per share have been stable in the past 10 years.
Growing Dividend: 9063's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.9%), 9063'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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Akira Yasuhara (76 yo)
Mr. Akira Yasuhara has been the President and General Manager of Tokyo sales Division at Okayamaken Freight Transportation Co. Ltd. since June 2013. Mr. Yasuhara served as General Manager of Tokyo Marketin...
Experienced Management: 9063's management team is seasoned and experienced (13.5 years average tenure).
Experienced Board: 9063's board of directors are considered experienced (9 years average tenure).
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.
Okayamaken Freight Transportation Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Okayamaken Freight Transportation Co., Ltd.
- Ticker: 9063
- Exchange: TSE
- Founded: 1943
- Industry: Trucking
- Sector: Transportation
- Market Cap: JP¥5.735b
- Shares outstanding: 2.03m
- Website: https://www.okaken.co.jp
Number of Employees
- Okayamaken Freight Transportation Co., Ltd.
- 4-31 Seishin-cho
Okayamaken Freight Transportation Co., Ltd. engages in the logistics and transportation business in Japan. It offers freight vehicle; and freight use transportation services through air, rail, and truck. T...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/18 08:17|
|End of Day Share Price||2021/06/18 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.