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9119

Iino Kaiun KaishaTSE:9119 Stock Report

Market Cap

JP¥63.5b

7D

1.0%

1Y

57.5%

Updated

24 Sep, 2021

Data

Company Financials
9119 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends3/6

9119 Overview

Iino Kaiun Kaisha, Ltd. engages in shipping and real estate businesses worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for Iino Kaiun Kaisha
Historical stock prices
Current Share PriceJP¥600.00
52 Week HighJP¥356.00
52 Week LowJP¥620.00
Beta0.83
1 Month Change21.46%
3 Month Change32.45%
1 Year Change57.48%
3 Year Change3.09%
5 Year Change65.29%
Change since IPO-43.40%

Recent News & Updates

Shareholder Returns

9119JP ShippingJP Market
7D1.0%1.0%-2.2%
1Y57.5%333.3%23.6%

Return vs Industry: 9119 underperformed the JP Shipping industry which returned 333.3% over the past year.

Return vs Market: 9119 exceeded the JP Market which returned 23.6% over the past year.

Price Volatility

Is 9119's price volatile compared to industry and market?
9119 volatility
9119 Beta0.83
Industry Beta1.57
Market Beta1

Stable Share Price: 9119 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 9119's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
1899659Hiromi Toshahttps://www.iino.co.jp

Iino Kaiun Kaisha, Ltd. engages in shipping and real estate businesses worldwide. The company operates oil tankers, including very large crude carriers for the transport of crude oil and petroleum products; chemical tankers to transport liquid cargoes, such as petrochemical products, methanol, vegetable oil, ethanol, and lubricating oils; a fleet of large gas carriers that transport liquefied gases comprising liquefied petroleum gas (LPG) and liquefied natural gas; small gas carriers to transport LPG; and dry bulk carriers to transport coal for electric power generation, fertilizers, and wood chips for paper production. It also offers real estate services, including office leasing, building management, and warehousing services.

Iino Kaiun Kaisha Fundamentals Summary

How do Iino Kaiun Kaisha's earnings and revenue compare to its market cap?
9119 fundamental statistics
Market CapJP¥63.48b
Earnings (TTM)JP¥4.72b
Revenue (TTM)JP¥90.65b

13.4x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
9119 income statement (TTM)
RevenueJP¥90.65b
Cost of RevenueJP¥78.64b
Gross ProfitJP¥12.00b
ExpensesJP¥7.28b
EarningsJP¥4.72b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 09, 2021

Earnings per share (EPS)44.65
Gross Margin13.24%
Net Profit Margin5.21%
Debt/Equity Ratio161.5%

How did 9119 perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

49%

Payout Ratio

Does 9119 pay a reliable dividends?

See 9119 dividend history and benchmarks
When do you need to buy 9119 by to receive an upcoming dividend?
Iino Kaiun Kaisha dividend dates
Ex Dividend DateSep 29 2021
Dividend Pay DateNov 30 2021
Days until Ex dividend4 days
Days until Dividend pay date66 days

Does 9119 pay a reliable dividends?

See 9119 dividend history and benchmarks

Valuation

Is Iino Kaiun Kaisha undervalued compared to its fair value and its price relative to the market?

13.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 9119 (¥600) is trading above our estimate of fair value (¥179.22)

Significantly Below Fair Value: 9119 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 9119 is good value based on its PE Ratio (13.4x) compared to the JP Shipping industry average (15.1x).

PE vs Market: 9119 is good value based on its PE Ratio (13.4x) compared to the JP market (14.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 9119's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 9119 is good value based on its PB Ratio (0.8x) compared to the JP Shipping industry average (1.2x).


Future Growth

How is Iino Kaiun Kaisha forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-22.8%

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 Iino Kaiun Kaisha 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 Iino Kaiun Kaisha performed over the past 5 years?

12.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9119 has high quality earnings.

Growing Profit Margin: 9119's current net profit margins (5.2%) are lower than last year (8.1%).


Past Earnings Growth Analysis

Earnings Trend: 9119's earnings have grown by 12.7% per year over the past 5 years.

Accelerating Growth: 9119's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 9119 had negative earnings growth (-33.6%) over the past year, making it difficult to compare to the Shipping industry average (39.8%).


Return on Equity

High ROE: 9119's Return on Equity (6%) is considered low.


Financial Health

How is Iino Kaiun Kaisha's financial position?


Financial Position Analysis

Short Term Liabilities: 9119's short term assets (¥29.7B) do not cover its short term liabilities (¥47.9B).

Long Term Liabilities: 9119's short term assets (¥29.7B) do not cover its long term liabilities (¥120.0B).


Debt to Equity History and Analysis

Debt Level: 9119's debt to equity ratio (161.5%) is considered high.

Reducing Debt: 9119's debt to equity ratio has reduced from 184.9% to 161.5% over the past 5 years.

Debt Coverage: 9119's debt is not well covered by operating cash flow (15%).

Interest Coverage: 9119's interest payments on its debt are well covered by EBIT (11.5x coverage).


Balance Sheet


Dividend

What is Iino Kaiun Kaisha current dividend yield, its reliability and sustainability?

2.83%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 24 2021Ex Dividend DateSep 29 2021Dividend Pay DateNov 30 202162 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 9119's dividend (2.83%) is higher than the bottom 25% of dividend payers in the JP market (1.31%).

High Dividend: 9119's dividend (2.83%) is low compared to the top 25% of dividend payers in the JP market (3.01%).


Stability and Growth of Payments

Stable Dividend: 9119's dividend payments have been volatile in the past 10 years.

Growing Dividend: 9119's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (49.3%), 9119'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?

4.3yrs

Average management tenure


CEO

Hiromi Tosha (62 yo)

5.25yrs

Tenure

Mr. Hiromi Tosha serves as Director of The Japan Ship Owners' Mutual Protection & Indemnity Association. Mr. Tosha has been the President of Iino Kaiun Kaisha Ltd. since June 28, 2016.Mr. Tosha served as...


Leadership Team

Experienced Management: 9119's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: 9119's board of directors are considered experienced (5.3 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

Iino Kaiun Kaisha, Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Iino Kaiun Kaisha, Ltd.
  • Ticker: 9119
  • Exchange: TSE
  • Founded: 1899
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: JP¥63.484b
  • Shares outstanding: 105.81m
  • Website: https://www.iino.co.jp

Number of Employees


Location

  • Iino Kaiun Kaisha, Ltd.
  • IINO Building
  • 27th Floor
  • Tokyo
  • 100-0011
  • 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 15:29
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.