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9107

Kawasaki Kisen KaishaTSE:9107 Stock Report

Market Cap

JP¥704.2b

7D

10.0%

1Y

565.1%

Updated

24 Sep, 2021

Data

Company Financials +
9107 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

9107 Overview

Kawasaki Kisen Kaisha, Ltd. provides marine, land, and air transportation services in Japan, the United States, Europe, Asia, and internationally.

Kawasaki Kisen Kaisha Competitors

Nippon Yusen Kabushiki Kaisha

TSE:9101

JP¥1.7t

Mitsui O.S.K. Lines

TSE:9104

JP¥1.1t

United Parcel Service

NYSE:UPS

US$161.4b

Deutsche Post

XTRA:DPW

€71.1b

Price History & Performance

Summary of all time highs, changes and price drops for Kawasaki Kisen Kaisha
Historical stock prices
Current Share PriceJP¥8,380.00
52 Week HighJP¥1,168.00
52 Week LowJP¥7,670.00
Beta2.52
1 Month Change69.46%
3 Month Change115.42%
1 Year Change565.08%
3 Year Change264.82%
5 Year Change223.55%
Change since IPO47.28%

Recent News & Updates

Shareholder Returns

9107JP ShippingJP Market
7D10.0%1.0%-2.2%
1Y565.1%333.3%23.6%

Return vs Industry: 9107 exceeded the JP Shipping industry which returned 333.3% over the past year.

Return vs Market: 9107 exceeded the JP Market which returned 23.6% over the past year.

Price Volatility

Is 9107's price volatile compared to industry and market?
9107 volatility
9107 Beta2.52
Industry Beta1.57
Market Beta1

Stable Share Price: 9107 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 9107's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
19195,256Yukikazu Myochinhttps://www.kline.co.jp

Kawasaki Kisen Kaisha, Ltd. provides marine, land, and air transportation services in Japan, the United States, Europe, Asia, and internationally. The company operates through Dry Bulk, Energy Resource Transport, Product Logistics, and Other segments. It offers containership services; dry bulk carrier services comprising transport of raw materials, such as coal, iron ore, wheat, soybeans, corn, etc., as well as woodchips, and pulp; car carrier services; liquefied natural gas (LNG) carrier services; marine transport of crude oil, oil derivatives, and liquefied petroleum gas (LPG) products through tankers; offshore support vessel services; offshore drilling services; and floating production storage and offloading services.

Kawasaki Kisen Kaisha Fundamentals Summary

How do Kawasaki Kisen Kaisha's earnings and revenue compare to its market cap?
9107 fundamental statistics
Market CapJP¥704.22b
Earnings (TTM)JP¥211.64b
Revenue (TTM)JP¥648.04b

3.7x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
9107 income statement (TTM)
RevenueJP¥648.04b
Cost of RevenueJP¥603.06b
Gross ProfitJP¥44.98b
Expenses-JP¥166.66b
EarningsJP¥211.64b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)2.27k
Gross Margin6.94%
Net Profit Margin32.66%
Debt/Equity Ratio113.2%

How did 9107 perform over the long term?

See historical performance and comparison

Valuation

Is Kawasaki Kisen Kaisha undervalued compared to its fair value and its price relative to the market?

3.69x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 9107 (¥8380) is trading above our estimate of fair value (¥2195.39)

Significantly Below Fair Value: 9107 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 9107 is good value based on its PE Ratio (3.7x) compared to the JP Shipping industry average (15.1x).

PE vs Market: 9107 is good value based on its PE Ratio (3.7x) compared to the JP market (14.7x).


Price to Earnings Growth Ratio

PEG Ratio: 9107's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 9107 is overvalued based on its PB Ratio (2.4x) compared to the JP Shipping industry average (1.2x).


Future Growth

How is Kawasaki Kisen Kaisha forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

-49.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9107's earnings are forecast to decline over the next 3 years (-49.8% per year).

Earnings vs Market: 9107's earnings are forecast to decline over the next 3 years (-49.8% per year).

High Growth Earnings: 9107's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 9107's revenue (0.5% per year) is forecast to grow slower than the JP market (4.8% per year).

High Growth Revenue: 9107's revenue (0.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9107's Return on Equity is forecast to be low in 3 years time (13.3%).


Past Performance

How has Kawasaki Kisen Kaisha performed over the past 5 years?

57.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9107 has a large one-off gain of ¥42.0B impacting its June 30 2021 financial results.

Growing Profit Margin: 9107 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 9107 has become profitable over the past 5 years, growing earnings by 57.5% per year.

Accelerating Growth: 9107 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 9107 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Shipping industry (39.8%).


Return on Equity

High ROE: Whilst 9107's Return on Equity (51.02%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is Kawasaki Kisen Kaisha's financial position?


Financial Position Analysis

Short Term Liabilities: 9107's short term assets (¥289.7B) exceed its short term liabilities (¥279.3B).

Long Term Liabilities: 9107's short term assets (¥289.7B) do not cover its long term liabilities (¥387.6B).


Debt to Equity History and Analysis

Debt Level: 9107's debt to equity ratio (113.2%) is considered high.

Reducing Debt: 9107's debt to equity ratio has reduced from 133.1% to 113.2% over the past 5 years.

Debt Coverage: 9107's debt is not well covered by operating cash flow (7%).

Interest Coverage: Insufficient data to determine if 9107's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Kawasaki Kisen Kaisha current dividend yield, its reliability and sustainability?

1.40%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 9107's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 9107'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 9107's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 9107's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 9107 is not paying a notable dividend for the JP market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 9107'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?

2.0yrs

Average management tenure


CEO

Yukikazu Myochin (60 yo)

2.42yrs

Tenure

Mr. Yukikazu Myochin has been Chief Executive Officer and President of Kawasaki Kisen Kaisha Ltd. since April 1, 2019. Mr. Myochin served as Senior Managing Executive Officer of Kawasaki Kisen Kaisha Ltd....


Leadership Team

Experienced Management: 9107's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: 9107's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

Kawasaki Kisen Kaisha, Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Kawasaki Kisen Kaisha, Ltd.
  • Ticker: 9107
  • Exchange: TSE
  • Founded: 1919
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: JP¥704.216b
  • Shares outstanding: 93.27m
  • Website: https://www.kline.co.jp

Number of Employees


Location

  • Kawasaki Kisen Kaisha, Ltd.
  • Iino Building
  • 1-1, Uchisaiwaicho 2-chome
  • Tokyo
  • 100-8540
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 08:04
End of Day Share Price2021/09/24 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.