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Aisin OTCPK:ASEK.Y Stock Report

Last Price


Market Cap







13 Aug, 2022


Company Financials +
ASEK.Y fundamental analysis
Snowflake Score
Future Growth1/6
Past Performance1/6
Financial Health4/6

ASEK.Y Stock Overview

Aisin Corporation manufactures and sells automotive parts, and energy- and lifestyle-related products.

Aisin Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Aisin
Historical stock prices
Current Share PriceJP¥31.40
52 Week HighJP¥41.19
52 Week LowJP¥27.99
1 Month Change5.19%
3 Month Change5.19%
1 Year Change-22.26%
3 Year Change12.38%
5 Year Change-37.16%
Change since IPO18.49%

Recent News & Updates

Shareholder Returns

ASEK.YUS Auto ComponentsUS Market

Return vs Industry: ASEK.Y matched the US Auto Components industry which returned -22.8% over the past year.

Return vs Market: ASEK.Y underperformed the US Market which returned -10.1% over the past year.

Price Volatility

Is ASEK.Y's price volatile compared to industry and market?
ASEK.Y volatility
ASEK.Y Average Weekly Movement4.9%
Auto Components Industry Average Movement8.2%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: ASEK.Y is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ASEK.Y's weekly volatility (5%) has been stable over the past year.

About the Company

1949117,177Moritaka Yoshida

Aisin Corporation manufactures and sells automotive parts, and energy- and lifestyle-related products. It provides powertrain products comprising 1-motor hybrid transmission and eaxle products; chassis and vehicle safety systems, such as automated parking systems and electronically controlled brake systems; power sliding door systems and sunroof products; connected and sharing solutions; and repair and maintenance products. The company also offers energy solutions comprising ENE·FARM, a system that generates electricity by extracting hydrogen from gas; gas heat pump air-conditioners; warm water shower-toilet seats; and peltier modules that are thermoelectric conversion devices, which function as heat pumps by sending direct current.

Aisin Fundamentals Summary

How do Aisin's earnings and revenue compare to its market cap?
ASEK.Y fundamental statistics
Market CapJP¥1.15t
Earnings (TTM)JP¥117.56b
Revenue (TTM)JP¥3.94t


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASEK.Y income statement (TTM)
Cost of RevenueJP¥3.53t
Gross ProfitJP¥410.28b
Other ExpensesJP¥292.73b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date


Earnings per share (EPS)436.18
Gross Margin10.42%
Net Profit Margin2.99%
Debt/Equity Ratio44.7%

How did ASEK.Y perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


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

Valuation Score


Valuation Score 5/6

  • 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 ASEK.Y?

Other financial metrics that can be useful for relative valuation.

ASEK.Y 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/EBITDA4.8x
PEG Ratio1x

Price to Earnings Ratio vs Peers

How does ASEK.Y's PE Ratio compare to its peers?

ASEK.Y PE Ratio vs Peers
The above table shows the PE ratio for ASEK.Y vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average34.7x
LEA Lear
ALV Autoliv
GNTX Gentex
BWA BorgWarner
ASEK.Y Aisin

Price-To-Earnings vs Peers: ASEK.Y is good value based on its Price-To-Earnings Ratio (9.8x) compared to the peer average (34.7x).

Price to Earnings Ratio vs Industry

How does ASEK.Y's PE Ratio compare vs other companies in the US Auto Components Industry?

Price-To-Earnings vs Industry: ASEK.Y is good value based on its Price-To-Earnings Ratio (9.8x) compared to the US Auto Components industry average (21.8x)

Price to Earnings Ratio vs Fair Ratio

What is ASEK.Y'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.

ASEK.Y PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.8x
Fair PE Ratio14.8x

Price-To-Earnings vs Fair Ratio: ASEK.Y is good value based on its Price-To-Earnings Ratio (9.8x) compared to the estimated Fair Price-To-Earnings Ratio (14.8x).

Share Price vs Fair Value

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

Below Fair Value: ASEK.Y ($31.4) is trading below our estimate of fair value ($69.55)

Significantly Below Fair Value: ASEK.Y 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 Aisin forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

Future Growth Score


Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASEK.Y's forecast earnings growth (9.7% per year) is above the savings rate (1.9%).

Earnings vs Market: ASEK.Y's earnings (9.7% per year) are forecast to grow slower than the US market (14.4% per year).

High Growth Earnings: ASEK.Y's earnings are forecast to grow, but not significantly.

Revenue vs Market: ASEK.Y's revenue (4.2% per year) is forecast to grow slower than the US market (7.9% per year).

High Growth Revenue: ASEK.Y's revenue (4.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ASEK.Y's Return on Equity is forecast to be low in 3 years time (9.3%).

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Past Performance

How has Aisin performed over the past 5 years?

Past Performance Score


Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ASEK.Y has high quality earnings.

Growing Profit Margin: ASEK.Y's current net profit margins (3%) are lower than last year (5.1%).

Past Earnings Growth Analysis

Earnings Trend: ASEK.Y's earnings have declined by 0.8% per year over the past 5 years.

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

Earnings vs Industry: ASEK.Y had negative earnings growth (-41.8%) over the past year, making it difficult to compare to the Auto Components industry average (-6.3%).

Return on Equity

High ROE: ASEK.Y's Return on Equity (6.5%) is considered low.

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Financial Health

How is Aisin's financial position?

Financial Health Score


Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ASEK.Y's short term assets (¥1,753.1B) exceed its short term liabilities (¥1,097.3B).

Long Term Liabilities: ASEK.Y's short term assets (¥1,753.1B) exceed its long term liabilities (¥1,109.8B).

Debt to Equity History and Analysis

Debt Level: ASEK.Y's net debt to equity ratio (21.3%) is considered satisfactory.

Reducing Debt: ASEK.Y's debt to equity ratio has increased from 26.7% to 44.7% over the past 5 years.

Debt Coverage: ASEK.Y's debt is not well covered by operating cash flow (19.7%).

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

Balance Sheet

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

Dividend Score


Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ASEK.Y's dividend (3.99%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: ASEK.Y's dividend (3.99%) is in the top 25% of dividend payers in the US market (3.96%)

Stability and Growth of Payments

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

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

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (39%), ASEK.Y's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: ASEK.Y is paying a dividend but the company has no free cash flows.

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


Average management tenure


Moritaka Yoshida (65 yo)



Moritaka Yoshida served as an Auditor of Fujitsu TEN Limited.

Leadership Team

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

Board Members

Experienced Board: ASEK.Y's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


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

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

Key Information

  • Name: Aisin Corporation
  • Ticker: ASEK.Y
  • Exchange: OTCPK
  • Founded: 1949
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: JP¥1.149t
  • Listing Market Cap: JP¥8.604b
  • Shares outstanding: 269.51m
  • Website:

Number of Employees


  • Aisin Corporation
  • 2-1 Asahi-machi
  • Kariya
  • Aichi
  • 448-8650
  • Japan


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/13 00:00
End of Day Share Price2022/08/12 00:00
Annual Earnings2022/03/31

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.