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9381

AIT TSE:9381 Stock Report

Last Price

JP¥1.77k

Market Cap

JP¥41.6b

7D

-1.8%

1Y

62.8%

Updated

09 Aug, 2022

Data

Company Financials
9381 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends5/6

9381 Stock Overview

AIT Corporation operates as an integrated logistics company in China and Southeast Asia.

AIT Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AIT
Historical stock prices
Current Share PriceJP¥1,770.00
52 Week HighJP¥1,952.00
52 Week LowJP¥1,038.00
Beta0.66
1 Month Change14.79%
3 Month Change16.68%
1 Year Change62.83%
3 Year Change85.15%
5 Year Change62.53%
Change since IPO490.00%

Recent News & Updates

Shareholder Returns

9381JP LogisticsJP Market
7D-1.8%-1.2%0.3%
1Y62.8%-8.6%-1.8%

Return vs Industry: 9381 exceeded the JP Logistics industry which returned -7.2% over the past year.

Return vs Market: 9381 exceeded the JP Market which returned -0.3% over the past year.

Price Volatility

Is 9381's price volatile compared to industry and market?
9381 volatility
9381 Average Weekly Movement6.0%
Logistics Industry Average Movement4.1%
Market Average Movement3.9%
10% most volatile stocks in JP Market8.0%
10% least volatile stocks in JP Market2.1%

Stable Share Price: 9381 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 9381's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
19881,120Hidekazu Yagurahttps://www.ait-jp.com

AIT Corporation operates as an integrated logistics company in China and Southeast Asia. The company provides marine and air freight forwarding, motor truck and railroad cargo forwarding, coastal freight forwarding, airfreight agency, customs clearance, warehousing, ship brokerage, and nonlife insurance agency services. It also sells and imports/exports containers and other transportation equipment; and clothing, chemicals, electromechanical parts, daily necessities, exterior products, food products, medicines, and automotive supplies.

AIT Fundamentals Summary

How do AIT's earnings and revenue compare to its market cap?
9381 fundamental statistics
Market CapJP¥41.58b
Earnings (TTM)JP¥2.66b
Revenue (TTM)JP¥63.72b

15.6x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
9381 income statement (TTM)
RevenueJP¥63.72b
Cost of RevenueJP¥53.50b
Gross ProfitJP¥10.23b
Other ExpensesJP¥7.57b
EarningsJP¥2.66b

Last Reported Earnings

May 31, 2022

Next Earnings Date

Oct 12, 2022

Earnings per share (EPS)113.22
Gross Margin16.05%
Net Profit Margin4.17%
Debt/Equity Ratio18.7%

How did 9381 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

45%

Payout Ratio

Does 9381 pay a reliable dividends?

See 9381 dividend history and benchmarks
When do you need to buy 9381 by to receive an upcoming dividend?
AIT dividend dates
Ex Dividend DateAug 30 2022
Dividend Pay DateOct 31 2022
Days until Ex dividend20 days
Days until Dividend pay date82 days

Does 9381 pay a reliable dividends?

See 9381 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 9381 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9381?

Other financial metrics that can be useful for relative valuation.

9381 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA6.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 9381's PE Ratio compare to its peers?

9381 PE Ratio vs Peers
The above table shows the PE ratio for 9381 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.1x
9304 Shibusawa Warehouse
5.8xn/aJP¥31.7b
9324 Yasuda Logistics
9.3xn/aJP¥27.0b
9302 MITSUI-SOKO HOLDINGS
5x-10.5%JP¥79.8b
9025 Konoike Transport
8.2x6.2%JP¥65.2b
9381 AIT
15.6xn/aJP¥41.6b

Price-To-Earnings vs Peers: 9381 is expensive based on its Price-To-Earnings Ratio (15.6x) compared to the peer average (7.1x).


Price to Earnings Ratio vs Industry

How does 9381's PE Ratio compare vs other companies in the Asian Logistics Industry?

Price-To-Earnings vs Industry: 9381 is expensive based on its Price-To-Earnings Ratio (15.6x) compared to the JP Logistics industry average (12.3x)


Price to Earnings Ratio vs Fair Ratio

What is 9381's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

9381 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 9381's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 9381 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9381 (¥1770) is trading below our estimate of fair value (¥3354.05)

Significantly Below Fair Value: 9381 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


1.9%

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 AIT 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.


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  • Check out AIT's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.

Past Performance

How has AIT performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


19.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 9381 has high quality earnings.

Growing Profit Margin: 9381's current net profit margins (4.2%) are higher than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: 9381's earnings have grown by 19.6% per year over the past 5 years.

Accelerating Growth: 9381's earnings growth over the past year (39.8%) exceeds its 5-year average (19.6% per year).

Earnings vs Industry: 9381 earnings growth over the past year (39.8%) exceeded the Logistics industry 19.6%.


Return on Equity

High ROE: 9381's Return on Equity (18.8%) is considered low.


Discover strong past performing companies

Financial Health

How is AIT's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 9381's short term assets (¥20.2B) exceed its short term liabilities (¥8.6B).

Long Term Liabilities: 9381's short term assets (¥20.2B) exceed its long term liabilities (¥1.5B).


Debt to Equity History and Analysis

Debt Level: 9381 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 9381's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 9381's debt is well covered by operating cash flow (139.7%).

Interest Coverage: 9381 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is AIT current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.45%

Current Dividend Yield

Upcoming Dividend Payment

TodayAug 10 2022Ex Dividend DateAug 30 2022Dividend Pay DateOct 31 202262 days from Ex DividendBuy in the next 20 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 9381's dividend (3.45%) is higher than the bottom 25% of dividend payers in the JP market (1.64%).

High Dividend: 9381's dividend (3.45%) is low compared to the top 25% of dividend payers in the JP market (3.62%).


Stability and Growth of Payments

Stable Dividend: 9381's dividends per share have been stable in the past 10 years.

Growing Dividend: 9381's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (45%), 9381's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (38.5%), 9381's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

6.4yrs

Average management tenure


CEO

Hidekazu Yagura (74 yo)

27.33yrs

Tenure

Mr. Hidekazu Yagura has been the President of AIT Corporation since April 1995 and serves as its Chief Executive Officer. Mr. Yagura joined Asakawagumi Unyu Co., Ltd. in April 1973 and Atlas Fukugo Yuso K....


Leadership Team

Experienced Management: 9381's management team is seasoned and experienced (6.4 years average tenure).


Board Members

Experienced Board: 9381's board of directors are seasoned and experienced ( 13.3 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

AIT Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: AIT Corporation
  • Ticker: 9381
  • Exchange: TSE
  • Founded: 1988
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Implied Market Cap: JP¥41.584b
  • Shares outstanding: 23.49m
  • Website: https://www.ait-jp.com

Number of Employees


Location

  • AIT Corporation
  • Sakaisuji-Honmachi-Center Building
  • 15th Floor
  • Osaka
  • 541-0053
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/09 00:00
Earnings2022/05/31
Annual Earnings2022/02/28


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.