OTCPK:FKKF.Y

Stock Analysis Report

Fukuoka Financial Group

Executive Summary

Fukuoka Financial Group, Inc., through its subsidiaries, provides banking and financial services to individual and corporate customers.

Snowflake

Fundamentals

Established dividend payer and good value.

Share Price & News

How has Fukuoka Financial Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:FKKF.Y

2.4%

US Banks

2.9%

US Market


1 Year Return

n/a

OTCPK:FKKF.Y

-14.8%

US Banks

0.2%

US Market

No trading data on FKKF.Y.

No trading data on FKKF.Y.


Share holder returns

FKKF.YIndustryMarket
7 Day0%2.4%2.9%
30 Day0%-6.3%-2.3%
90 Dayn/a-2.1%3.1%
1 Yearn/a-12.4%-14.8%2.4%0.2%
3 Yearn/a41.7%32.0%41.7%32.4%
5 Yearn/a52.2%35.7%55.1%37.9%

Price Volatility Vs. Market

How volatile is Fukuoka Financial Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Fukuoka Financial Group undervalued based on future cash flows and its price relative to the stock market?

24%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Fukuoka Financial Group's share price is below the future cash flow value, and at a moderate discount (> 20%).

Fukuoka Financial Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Fukuoka Financial Group is good value based on earnings compared to the US Banks industry average.

Fukuoka Financial Group is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Fukuoka Financial Group earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Fukuoka Financial Group is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Fukuoka Financial Group expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

-50.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Fukuoka Financial Group's revenue is expected to grow by 7.1% yearly, however this is not considered high growth (20% yearly).

Fukuoka Financial Group's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Fukuoka Financial Group's revenue growth is positive but not above the United States of America market average.

Fukuoka Financial Group's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Fukuoka Financial Group's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Fukuoka Financial Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Fukuoka Financial Group performed over the past 5 years?

9.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Fukuoka Financial Group's year on year earnings growth rate has been positive over the past 5 years.

Fukuoka Financial Group's 1-year earnings growth exceeds its 5-year average (223.4% vs 9.6%)

Fukuoka Financial Group's earnings growth has exceeded the US Banks industry average in the past year (223.4% vs 33.2%).


Return on Equity

Fukuoka Financial Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Fukuoka Financial Group used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Fukuoka Financial Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Fukuoka Financial Group's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Fukuoka Financial Group has an acceptable proportion of non-loan assets held.

Fukuoka Financial Group has a low allowance for bad loans.

Fukuoka Financial Group's liabilities are made up of primarily low risk sources of funding.

Fukuoka Financial Group's level of assets compared to its equity is very high (i.e. bank has borrowed heavily to fund lending).

Loans at Fukuoka Financial Group are broadly funded by customer deposits.

Fukuoka Financial Group has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Fukuoka Financial Group's current dividend yield, its reliability and sustainability?

5.04%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Fukuoka Financial Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Fukuoka Financial Group's dividend is above the markets top 25% of dividend payers in United States of America (3.85%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (11.8x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Fukuoka Financial Group's salary, the management and board of directors tenure and is there insider trading?

7.3yrs

Average management tenure


CEO

Fukuoka Financial Group has no CEO, or we have no data on them.


Management Age and Tenure

7.3yrs

Average Tenure

62yo

Average Age

The average tenure for the Fukuoka Financial Group management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

3.7yrs

Average Tenure

61.5yo

Average Age

The tenure for the Fukuoka Financial Group board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Syunsuke Yoshizawa (63yo)

    Executive Officer & Director

    • Tenure: 12.0yrs
  • Masayuki Aoyagi (64yo)

    Executive Officer & Director

    • Tenure: 8.2yrs
  • Yasuhiko Yoshida (62yo)

    Executive VP & Representative Director

    • Tenure: 7.2yrs
  • Yuji Shirakawa (62yo)

    Executive VP & Representative Director

    • Tenure: 5.2yrs
  • Yasuaki Morikawa (61yo)

    Executive Officer & Director

    • Tenure: 5.2yrs
  • Koji Yokota (61yo)

    Executive Officer & Director

    • Tenure: 2.2yrs
  • Hisashi Goto

    Executive Officer

    • Tenure: 0.6yrs
  • Nagasuri Tomoya

    IR Contact (Investor Division)

    • Tenure: 0.0yrs
  • Yuji Tagami (59yo)

    Executive Officer

    • Tenure: 0.6yrs
  • Xiao Linzhi

    Executive Officer

    • Tenure: 0.6yrs

Board Members

  • Syunsuke Yoshizawa (63yo)

    Executive Officer & Director

    • Tenure: 12.0yrs
  • Masayuki Aoyagi (64yo)

    Executive Officer & Director

    • Tenure: 8.2yrs
  • Takujiro Mori (64yo)

    Executive Officer & Director

    • Tenure: 0.6yrs
  • Takashi Fukutomi (60yo)

    Executive Officer & Director

    • Tenure: 0.6yrs
  • Yasuhiko Yoshida (62yo)

    Executive VP & Representative Director

    • Tenure: 7.2yrs
  • Yuji Shirakawa (62yo)

    Executive VP & Representative Director

    • Tenure: 5.2yrs
  • Yasuaki Morikawa (61yo)

    Executive Officer & Director

    • Tenure: 5.2yrs
  • Koji Yokota (61yo)

    Executive Officer & Director

    • Tenure: 2.2yrs
  • Shinichi Oba (60yo)

    Executive Officer & Director

    • Tenure: 0.6yrs
  • Toshimi Nomura (60yo)

    Executive Officer & Director

    • Tenure: 0.6yrs

Company Information

Fukuoka Financial Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fukuoka Financial Group, Inc.
  • Ticker: FKKF.Y
  • Exchange: OTCPK
  • Founded: 1877
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: JP¥332.302b
  • Listing Market Cap: JP¥3.121b
  • Shares outstanding: 190.10m
  • Website: https://www.fukuoka-fg.com

Number of Employees


Location

  • Fukuoka Financial Group, Inc.
  • 1-8-3, Otemon
  • Chuo-ku
  • Fukuoka
  • Fukuoka
  • 810-8693
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8354TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYApr 2007
4FKDB (Deutsche Boerse AG)YesCommon StockDEEURApr 2007
FKKF.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDDec 2012

Biography

Fukuoka Financial Group, Inc., through its subsidiaries, provides banking and financial services to individual and corporate customers. The company accepts various deposits, such as current deposits, ordin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 00:25
End of Day Share Price2019/06/25 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.