OTCPK:CHYC.F

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Executive Summary

Chiyoda Corporation operates as an integrated engineering company in Japan, Australia, the United States, Russia, and internationally.


Snowflake Analysis

Mediocre balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Chiyoda's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CHYC.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

CHYC.F

7.3%

US Construction

2.9%

US Market


1 Year Return

n/a

CHYC.F

-5.3%

US Construction

9.5%

US Market

Return vs Industry: Insufficient data to determine how CHYC.F performed against the US Construction industry.

Return vs Market: Insufficient data to determine how CHYC.F performed against the US Market.


Shareholder returns

CHYC.FIndustryMarket
7 Day0%7.3%2.9%
30 Day0%4.0%5.1%
90 Day-19.1%-9.0%2.5%
1 Yearn/a-4.6%-5.3%12.0%9.5%
3 Yearn/a-6.2%-8.3%30.8%22.1%
5 Year-74.0%-74.0%9.1%5.2%57.4%39.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Chiyoda undervalued compared to its fair value and its price relative to the market?

6.6x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CHYC.F ($2.37) is trading above our estimate of fair value ($1.76)

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


Price To Earnings Ratio

PE vs Industry: CHYC.F is good value based on its PE Ratio (6.6x) compared to the Construction industry average (14x).

PE vs Market: CHYC.F is good value based on its PE Ratio (6.6x) compared to the US market (15.8x).


Price to Earnings Growth Ratio

PEG Ratio: CHYC.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CHYC.F is overvalued based on its PB Ratio (2.9x) compared to the US Construction industry average (1.4x).


Next Steps

Future Growth

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

-5.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CHYC.F's earnings are forecast to decline over the next 3 years (-5.2% per year).

Earnings vs Market: CHYC.F's earnings are forecast to decline over the next 3 years (-5.2% per year).

High Growth Earnings: CHYC.F's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CHYC.F's revenue (1.6% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: CHYC.F's revenue (1.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CHYC.F's Return on Equity is forecast to be low in 3 years time (1.7%).


Next Steps

Past Performance

How has Chiyoda performed over the past 5 years?

-54.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CHYC.F has high quality earnings.

Growing Profit Margin: CHYC.F became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CHYC.F has become profitable over the past 5 years, growing earnings by -54.1% per year.

Accelerating Growth: CHYC.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CHYC.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (15.6%).


Return on Equity

High ROE: Whilst CHYC.F's Return on Equity (48.25%) is outstanding, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Chiyoda's financial position?


Financial Position Analysis

Short Term Liabilities: CHYC.F's short term assets (¥360.4B) exceed its short term liabilities (¥319.9B).

Long Term Liabilities: CHYC.F's short term assets (¥360.4B) exceed its long term liabilities (¥40.2B).


Debt to Equity History and Analysis

Debt Level: CHYC.F's debt to equity ratio (143.8%) is considered high.

Reducing Debt: CHYC.F's debt to equity ratio has increased from 5.3% to 143.8% over the past 5 years.

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

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


Balance Sheet


Next Steps

Dividend

What is Chiyoda's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: CHYC.F is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CHYC.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Kazushi Okawa

1.33yrs

Tenure

Mr. Kazushi Okawa has been the Chairman of the Board and Chief Executive Officer of Chiyoda Corporation since 2019 and has been its CWO since 2020. He had been an Executive Vice President of Mitsubishi Cor ...


Leadership Team

NamePositionTenureCompensationOwnership
Kazushi Okawa
Chairman of the Board1.33yrsno data0.0027% ¥17.5k
Masaji Santo
President2.83yrsno data0.016% ¥105.3k
Koji Tarutani
Executive VP0.83yrno datano data
Yukio Yamada
General Manager of Administration Departmentno datano datano data
Shuichi Wada
Senior VP1.33yrsno datano data
Masao Ishikawa
Senior Vice Presidentno datano datano data
Yasumitsu Abe
Senior VP & CCMO1.33yrsno datano data
Terunobu Iio
Senior Vice President2.33yrsno datano data
Masao Fujiwara
Senior Vice President3yrsno datano data
Hideo Matsui
Senior Vice President0.33yrno datano data

1.3yrs

Average Tenure

Experienced Management: CHYC.F's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kazushi Okawa
Chairman of the Board1.33yrsno data0.0027% ¥17.5k
Masaji Santo
President2.83yrsno data0.016% ¥105.3k
Koji Tarutani
Executive VP0.83yrno datano data
Nobuo Tanaka
Independent External Directorno datano datano data
Mikio Kobayashi
Independent External Directorno datano data0.0019% ¥12.5k
Aiichiro Matsunaga
External Director0.83yrno datano data
Takahiro Kitamoto
Director1.83yrsno data0.00039% ¥2.5k
Hiroshi Yamaguchi
External Director1.83yrsno datano data
Mika Narahashi
Independent External Director1.83yrsno datano data
Tsunenori Kazama
Representative Director1.33yrsno datano data

1.6yrs

Average Tenure

Experienced Board: CHYC.F's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


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

Chiyoda Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chiyoda Corporation
  • Ticker: CHYC.F
  • Exchange: OTCPK
  • Founded: 1948
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: JP¥69.921b
  • Listing Market Cap: JP¥649.221m
  • Shares outstanding: 258.97m
  • Website: https://www.chiyodacorp.com/jp/

Number of Employees


Location

  • Chiyoda Corporation
  • Minatomirai Grand Central Tower
  • 4-6-2, Minatomirai
  • Yokohama
  • Kanagawa
  • 220-8765
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6366TSE (The Tokyo Stock Exchange)YesCommon SharesJPJPYJan 1992
CHYC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1992
CYADB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1992
CHYC.YOTCPK (Pink Sheets LLC)ADRUSUSDOct 2008

Biography

Chiyoda Corporation operates as an integrated engineering company in Japan, Australia, the United States, Russia, and internationally. The company offers consulting, planning, engineering, procurement, construction, commissioning, and maintenance services for facilities related to gas, electricity, petroleum, petrochemical, chemical, pharmaceutical, antipollution, environment, preservation, and others. It also explores for oil, gas, and other mineral resource, as well as invests in and finances exploration activities. Chiyoda Corporation was founded in 1948 and is headquartered in Yokohama, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 05:27
End of Day Share Price2020/03/09 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.