9090

Maruwa Unyu KikanLtdTSE:9090 Stock Report

Market Cap

JP¥212.8b

7D

0.8%

1Y

-16.0%

Updated

20 Sep, 2021

Data

Company Financials +
9090 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends1/6

9090 Overview

Maruwa Unyu Kikan Co.,Ltd. provides logistics services.

Price History & Performance

Summary of all time highs, changes and price drops for Maruwa Unyu KikanLtd
Historical stock prices
Current Share PriceJP¥1,693.00
52 Week HighJP¥1,379.00
52 Week LowJP¥2,407.50
Beta0.21
1 Month Change20.07%
3 Month Change6.21%
1 Year Change-15.98%
3 Year Change61.43%
5 Year Change473.41%
Change since IPO1,719.82%

Recent News & Updates

Shareholder Returns

9090JP LogisticsJP Market
7D0.8%8.1%0.4%
1Y-16.0%28.1%25.6%

Return vs Industry: 9090 underperformed the JP Logistics industry which returned 28.1% over the past year.

Return vs Market: 9090 underperformed the JP Market which returned 25.6% over the past year.

Price Volatility

Is 9090's price volatile compared to industry and market?
9090 volatility
9090 Beta0.21
Industry Beta0.47
Market Beta1

Stable Share Price: 9090 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 9090's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19703,630Masaru Wasamihttps://www.momotaro.co.jp

Maruwa Unyu Kikan Co.,Ltd. provides logistics services. Its 3PL services include low temperature food, medical order/medical, and room temperature logistics.

Maruwa Unyu KikanLtd Fundamentals Summary

How do Maruwa Unyu KikanLtd's earnings and revenue compare to its market cap?
9090 fundamental statistics
Market CapJP¥212.83b
Earnings (TTM)JP¥5.67b
Revenue (TTM)JP¥114.66b

37.5x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
9090 income statement (TTM)
RevenueJP¥114.66b
Cost of RevenueJP¥101.27b
Gross ProfitJP¥13.39b
ExpensesJP¥7.73b
EarningsJP¥5.67b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)44.80
Gross Margin11.68%
Net Profit Margin4.94%
Debt/Equity Ratio107.9%

How did 9090 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

25%

Payout Ratio

Does 9090 pay a reliable dividends?

See 9090 dividend history and benchmarks
When do you need to buy 9090 by to receive an upcoming dividend?
Maruwa Unyu KikanLtd dividend dates
Ex Dividend DateSep 29 2021
Dividend Pay DateDec 04 2021
Days until Ex dividend8 days
Days until Dividend pay date74 days

Does 9090 pay a reliable dividends?

See 9090 dividend history and benchmarks

Valuation

Is Maruwa Unyu KikanLtd undervalued compared to its fair value and its price relative to the market?

37.55x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 9090 (¥1693) is trading above our estimate of fair value (¥396.82)

Significantly Below Fair Value: 9090 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 9090 is poor value based on its PE Ratio (37.5x) compared to the JP Logistics industry average (15.4x).

PE vs Market: 9090 is poor value based on its PE Ratio (37.5x) compared to the JP market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: 9090 is poor value based on its PEG Ratio (3.6x)


Price to Book Ratio

PB vs Industry: 9090 is overvalued based on its PB Ratio (8.1x) compared to the JP Logistics industry average (1.7x).


Future Growth

How is Maruwa Unyu KikanLtd forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

10.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9090's forecast earnings growth (10.4% per year) is above the savings rate (0%).

Earnings vs Market: 9090's earnings (10.4% per year) are forecast to grow faster than the JP market (10.2% per year).

High Growth Earnings: 9090's earnings are forecast to grow, but not significantly.

Revenue vs Market: 9090's revenue (9.6% per year) is forecast to grow faster than the JP market (4.8% per year).

High Growth Revenue: 9090's revenue (9.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9090's Return on Equity is forecast to be low in 3 years time (19.9%).


Past Performance

How has Maruwa Unyu KikanLtd performed over the past 5 years?

16.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9090 has high quality earnings.

Growing Profit Margin: 9090's current net profit margins (4.9%) are lower than last year (5.2%).


Past Earnings Growth Analysis

Earnings Trend: 9090's earnings have grown by 16.9% per year over the past 5 years.

Accelerating Growth: 9090's earnings growth over the past year (8%) is below its 5-year average (16.9% per year).

Earnings vs Industry: 9090 earnings growth over the past year (8%) underperformed the Logistics industry 43%.


Return on Equity

High ROE: Whilst 9090's Return on Equity (21.68%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Maruwa Unyu KikanLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 9090's short term assets (¥39.9B) exceed its short term liabilities (¥18.5B).

Long Term Liabilities: 9090's short term assets (¥39.9B) exceed its long term liabilities (¥28.1B).


Debt to Equity History and Analysis

Debt Level: 9090's debt to equity ratio (107.9%) is considered high.

Reducing Debt: 9090's debt to equity ratio has increased from 28.7% to 107.9% over the past 5 years.

Debt Coverage: 9090's debt is well covered by operating cash flow (28.3%).

Interest Coverage: 9090 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Maruwa Unyu KikanLtd current dividend yield, its reliability and sustainability?

1.12%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 20 2021Ex Dividend DateSep 29 2021Dividend Pay DateDec 04 202166 days from Ex DividendBuy in the next 8 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 9090's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.27%).

High Dividend: 9090's dividend (1.12%) is low compared to the top 25% of dividend payers in the JP market (2.94%).


Stability and Growth of Payments

Stable Dividend: 9090 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 9090's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (25%), 9090'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.


Next Steps

Management

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

9.3yrs

Average management tenure


CEO

Masaru Wasami (76 yo)

12.25yrs

Tenure

Mr. Masaru Wasami has been Chief Executive Officer of Maruwa Unyu Kikan Co.,Ltd., since June 2009 and has been its President and Representative Director since September 1973.


Leadership Team

Experienced Management: 9090's management team is seasoned and experienced (9.3 years average tenure).


Board Members

Experienced Board: 9090's board of directors are seasoned and experienced ( 10.3 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

Maruwa Unyu Kikan Co.,Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Maruwa Unyu Kikan Co.,Ltd.
  • Ticker: 9090
  • Exchange: TSE
  • Founded: 1970
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: JP¥212.827b
  • Shares outstanding: 125.71m
  • Website: https://www.momotaro.co.jp

Number of Employees


Location

  • Maruwa Unyu Kikan Co.,Ltd.
  • Takashi Asahi 7-1
  • Yoshikawa
  • Saitama
  • 342-0008
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 08:05
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
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.