Mitsui O.S.K. Lines
Market Cap
JP¥381.5b
Last Updated
2021/01/15 08:05 UTC
Data Sources
Company Financials +
Executive Summary
Mitsui O.S.K. Lines, Ltd. provides ocean shipping services in Japan, North America, Europe, Asia, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with limited growth.
Similar Companies
Share Price & News
How has Mitsui O.S.K. Lines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 9104 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 9104's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-3.8%
9104
-2.5%
JP Shipping
-0.05%
JP Market
1 Year Return
6.2%
9104
15.1%
JP Shipping
7.3%
JP Market
Return vs Industry: 9104 underperformed the JP Shipping industry which returned 18.8% over the past year.
Return vs Market: 9104 underperformed the JP Market which returned 8.6% over the past year.
Shareholder returns
| 9104 | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.8% | -2.5% | -0.05% |
| 30 Day | 2.3% | 4.1% | 3.3% |
| 90 Day | 36.0% | 32.9% | 13.8% |
| 1 Year | 9.1%6.2% | 17.8%15.1% | 9.9%7.3% |
| 3 Year | -17.6%-22.1% | -16.7%-21.1% | 6.5%-0.9% |
| 5 Year | 38.2%28.3% | 15.5%7.5% | 53.2%36.0% |
Long-Term Price Volatility Vs. Market
How volatile is Mitsui O.S.K. Lines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Mitsui O.S.K. Lines undervalued compared to its fair value and its price relative to the market?
10.05x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 9104 (¥3130) is trading above our estimate of fair value (¥651.51)
Significantly Below Fair Value: 9104 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 9104 is good value based on its PE Ratio (10.1x) compared to the JP Shipping industry average (10.4x).
PE vs Market: 9104 is good value based on its PE Ratio (10.1x) compared to the JP market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: 9104 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 9104 is overvalued based on its PB Ratio (0.7x) compared to the JP Shipping industry average (0.6x).
Next Steps
Future Growth
How is Mitsui O.S.K. Lines forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
19.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 9104's forecast earnings growth (19.8% per year) is above the savings rate (0%).
Earnings vs Market: 9104's earnings (19.8% per year) are forecast to grow faster than the JP market (17.6% per year).
High Growth Earnings: 9104's earnings are forecast to grow, but not significantly.
Revenue vs Market: 9104's revenue (3.5% per year) is forecast to grow slower than the JP market (5.6% per year).
High Growth Revenue: 9104's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 9104's Return on Equity is forecast to be low in 3 years time (9.7%).
Next Steps
Past Performance
How has Mitsui O.S.K. Lines performed over the past 5 years?
46.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 9104 has high quality earnings.
Growing Profit Margin: 9104's current net profit margins (3.5%) are lower than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: 9104 has become profitable over the past 5 years, growing earnings by 46% per year.
Accelerating Growth: 9104's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 9104 had negative earnings growth (-20.6%) over the past year, making it difficult to compare to the Shipping industry average (-19.9%).
Return on Equity
High ROE: 9104's Return on Equity (6.5%) is considered low.
Next Steps
Financial Health
How is Mitsui O.S.K. Lines's financial position?
Financial Position Analysis
Short Term Liabilities: 9104's short term assets (¥299.8B) do not cover its short term liabilities (¥433.7B).
Long Term Liabilities: 9104's short term assets (¥299.8B) do not cover its long term liabilities (¥987.0B).
Debt to Equity History and Analysis
Debt Level: 9104's debt to equity ratio (167.8%) is considered high.
Reducing Debt: 9104's debt to equity ratio has increased from 129.3% to 167.8% over the past 5 years.
Debt Coverage: 9104's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: 9104's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
Next Steps
Dividend
What is Mitsui O.S.K. Lines's current dividend yield, its reliability and sustainability?
1.12%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 9104's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.21%).
High Dividend: 9104's dividend (1.12%) is low compared to the top 25% of dividend payers in the JP market (2.96%).
Stability and Growth of Payments
Stable Dividend: 9104's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9104's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.1%), 9104'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?
4.8yrs
Average management tenure
CEO
Junichiro Ikeda (64 yo)
5.58yrs
Tenure
Mr. Junichiro Ikeda has been Chief Executive Officer at Mitsui O.S.K. Lines, Ltd. since June 2015 and has been its President since June 23, 2015. Mr. Ikeda has been an Executive Officer of Mitsui O.S.K Lin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Representative Director | 5.58yrs | no data | 0.019% ¥ 74.0m | |
| Senior Managing Executive Officer | 3.58yrs | no data | 0.0038% ¥ 14.3m | |
| Senior Managing Executive Officer | 3yrs | no data | no data | |
| EVP, Exe. Officer | 2.58yrs | no data | 0.0058% ¥ 22.0m | |
| Managing Executive Officer & Chief Communication Officer | 1yr | no data | no data | |
| Executive Officer & Deputy Director General of Energy Transport Business Unit | 9.58yrs | no data | no data | |
| Managing Executive Officer | 1yr | no data | 0.0032% ¥ 12.1m | |
| Executive VP | 5.58yrs | no data | 0.0069% ¥ 26.2m | |
| Senior Managing Executive Officer | 2yrs | no data | no data | |
| Managing Executive Officer & Director General of Energy Transport Business Unit | no data | no data | no data | |
| Chief Country Representative for India | 4.75yrs | no data | no data | |
| Chief Country Representative for Indonesia | 4.75yrs | no data | no data |
4.8yrs
Average Tenure
62yo
Average Age
Experienced Management: 9104's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Representative Director | 5.58yrs | no data | 0.019% ¥ 74.0m | |
| Senior Managing Executive Officer | 3.58yrs | no data | 0.0038% ¥ 14.3m | |
| EVP, Exe. Officer | 2.58yrs | no data | 0.0058% ¥ 22.0m | |
| Managing Executive Officer | 1yr | no data | 0.0032% ¥ 12.1m | |
| Executive VP | 5.58yrs | no data | 0.0069% ¥ 26.2m | |
| Independent Outside Director | 2yrs | no data | 0.00017% ¥ 648.5k | |
| Outside Audit & Supervisory Board Member | 6.58yrs | no data | 0.00092% ¥ 3.5m | |
| Independent Outside Director | 4.58yrs | no data | 0.0012% ¥ 4.5m | |
| Independent Outside Director | 4.58yrs | no data | 0.0012% ¥ 4.5m | |
| Audit & Supervisory Board Member | 3.58yrs | no data | 0.0011% ¥ 4.2m | |
| Member of Audit & Supervisory Board | 2yrs | no data | 0.0019% ¥ 7.3m | |
| Outside Audit & Supervisory Board Member | 2yrs | no data | no data |
3.6yrs
Average Tenure
63.5yo
Average Age
Experienced Board: 9104's board of directors are considered experienced (3.6 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
Mitsui O.S.K. Lines, Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mitsui O.S.K. Lines, Ltd.
- Ticker: 9104
- Exchange: TSE
- Founded: 1884
- Industry: Marine
- Sector: Transportation
- Market Cap: JP¥381.475b
- Shares outstanding: 119.58m
- Website: https://www.mol.co.jp
Number of Employees
Location
- Mitsui O.S.K. Lines, Ltd.
- Shosen Mitsui Building
- 1-1, Toranomon 2-Chome
- Tokyo
- 105-8688
- Japan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MSLO.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jan 1992 |
| 9104 | TSE (The Tokyo Stock Exchange) | Yes | Common Stock | JP | JPY | Jan 1992 |
| MILA | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1992 |
| MSLO.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Oct 2008 |
Biography
Mitsui O.S.K. Lines, Ltd. provides ocean shipping services in Japan, North America, Europe, Asia, and internationally. The company operates through Dry Bulk Business, Energy Transport Business, Product Tra...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 08:05 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.