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9706

Japan Airport TerminalTSE:9706 Stock Report

Market Cap

JP¥494.6b

7D

5.8%

1Y

12.6%

Updated

27 Sep, 2021

Data

Company Financials +
9706 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health1/6
Dividends0/6

9706 Overview

Japan Airport Terminal Co., Ltd. primarily engages in the management of passenger terminal buildings in Japan and internationally.

Japan Airport Terminal Competitors

Fraport

XTRA:FRA

€5.5b

Beijing Capital International Airport

SEHK:694

HK$20.7b

Price History & Performance

Summary of all time highs, changes and price drops for Japan Airport Terminal
Historical stock prices
Current Share PriceJP¥5,310.00
52 Week HighJP¥4,310.00
52 Week LowJP¥6,920.00
Beta1.35
1 Month Change5.15%
3 Month Change6.41%
1 Year Change12.62%
3 Year Change2.11%
5 Year Change40.85%
Change since IPO143.58%

Recent News & Updates

Shareholder Returns

9706JP InfrastructureJP Market
7D5.8%2.8%-0.5%
1Y12.6%14.4%25.7%

Return vs Industry: 9706 underperformed the JP Infrastructure industry which returned 14.4% over the past year.

Return vs Market: 9706 underperformed the JP Market which returned 25.7% over the past year.

Price Volatility

Is 9706's price volatile compared to industry and market?
9706 volatility
9706 Beta1.35
Industry Beta0.98
Market Beta1

Stable Share Price: 9706 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 9706's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
19533,110Isao Takashirohttps://www.tokyo-airport-bldg.co.jp

Japan Airport Terminal Co., Ltd. primarily engages in the management of passenger terminal buildings in Japan and internationally. It operates through three segments: Facilities Management, Merchandise Sales, and Food and Beverage. The company constructs, manages, and operates domestic passenger terminal buildings; rents offices, stores, and other facilities to airline companies and airport concessionaires; and operates and manages parking lots.

Japan Airport Terminal Fundamentals Summary

How do Japan Airport Terminal's earnings and revenue compare to its market cap?
9706 fundamental statistics
Market CapJP¥494.56b
Earnings (TTM)-JP¥34.00b
Revenue (TTM)JP¥55.80b

8.9x

P/S Ratio

-14.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
9706 income statement (TTM)
RevenueJP¥55.80b
Cost of RevenueJP¥15.25b
Gross ProfitJP¥40.55b
ExpensesJP¥74.55b
Earnings-JP¥34.00b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 05, 2021

Earnings per share (EPS)-365.02
Gross Margin72.67%
Net Profit Margin-60.93%
Debt/Equity Ratio141.3%

How did 9706 perform over the long term?

See historical performance and comparison

Valuation

Is Japan Airport Terminal undervalued compared to its fair value and its price relative to the market?

2.89x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 9706 (¥5310) is trading above our estimate of fair value (¥1223.55)

Significantly Below Fair Value: 9706 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 9706 is unprofitable, so we can't compare its PE Ratio to the JP Infrastructure industry average.

PE vs Market: 9706 is unprofitable, so we can't compare its PE Ratio to the JP market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 9706's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 9706 is overvalued based on its PB Ratio (2.9x) compared to the JP Infrastructure industry average (0.7x).


Future Growth

How is Japan Airport Terminal forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

58.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9706 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0%).

Earnings vs Market: 9706 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 9706's is expected to become profitable in the next 3 years.

Revenue vs Market: 9706's revenue (27.5% per year) is forecast to grow faster than the JP market (4.8% per year).

High Growth Revenue: 9706's revenue (27.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9706's Return on Equity is forecast to be low in 3 years time (8.4%).


Past Performance

How has Japan Airport Terminal performed over the past 5 years?

-43.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9706 is currently unprofitable.

Growing Profit Margin: 9706 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 9706 is unprofitable, and losses have increased over the past 5 years at a rate of 43.9% per year.

Accelerating Growth: Unable to compare 9706's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 9706 is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (11.6%).


Return on Equity

High ROE: 9706 has a negative Return on Equity (-28.97%), as it is currently unprofitable.


Financial Health

How is Japan Airport Terminal's financial position?


Financial Position Analysis

Short Term Liabilities: 9706's short term assets (¥137.5B) exceed its short term liabilities (¥59.0B).

Long Term Liabilities: 9706's short term assets (¥137.5B) do not cover its long term liabilities (¥263.8B).


Debt to Equity History and Analysis

Debt Level: 9706's debt to equity ratio (141.3%) is considered high.

Reducing Debt: 9706's debt to equity ratio has increased from 49.5% to 141.3% over the past 5 years.

Debt Coverage: 9706's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 9706's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Japan Airport Terminal current dividend yield, its reliability and sustainability?

0.46%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 9706's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 9706'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 9706's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 9706's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 9706 is not paying a notable dividend for the JP market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 9706'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?

4.5yrs

Average management tenure


CEO

Isao Takashiro (78 yo)

no data

Tenure

Mr Isao Takashiro has been the Chief Executive Officer of Japan Airport Terminal Co., Ltd., since April 2009 and served as its President since April 2005 until June 29, 2016 and served as its Executive Off...


Leadership Team

Experienced Management: 9706's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: 9706's board of directors are considered experienced (7.8 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 been diluted in the past year, with total shares outstanding growing by 14.7%.


Top Shareholders

Company Information

Japan Airport Terminal Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Japan Airport Terminal Co., Ltd.
  • Ticker: 9706
  • Exchange: TSE
  • Founded: 1953
  • Industry: Airport Services
  • Sector: Transportation
  • Market Cap: JP¥494.556b
  • Shares outstanding: 93.14m
  • Website: https://www.tokyo-airport-bldg.co.jp

Number of Employees


Location

  • Japan Airport Terminal Co., Ltd.
  • Terminal 1
  • 3-3-2 Haneda Airport
  • Tokyo
  • 144-0041
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 15:32
End of Day Share Price2021/09/27 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.