How does HKTG.F's PE Ratio compare to its peers?

HKTG.F is expensive based on its Price-To-Earnings Ratio (13.1x) compared to the peer average (13x).

How does HKTG.F's PE Ratio compare vs other companies in the Global Industrials Industry?

HKTG.F is expensive based on its Price-To-Earnings Ratio (13.1x) compared to the Global Industrials industry average (12.5x).

What is HKTG.F'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.

Insufficient data to calculate HKTG.F's Price-To-Earnings Fair Ratio for valuation analysis.

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

HKTG.F ($202.84) is trading above our estimate of [[fair value]] ($108.53)

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

Target price is less than 20% higher than the current share price.

Hikari Tsushin (OTCPK:HKTG.F) - Stock Price, News & Analysis

HKTG.F Stock Overview

A holding company, engages in the sale of communication-related products in Japan. More details

HKTG.F fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	4/6
Financial Health	3/6
Dividends	5/6

Rewards

Price-To-Earnings ratio (13.1x) is below the US market (19.4x)

Earnings grew by 16.5% over the past year

Pays a reliable dividend of 1.99%

Risk Analysis

Shares are highly illiquid

Debt is not well covered by operating cash flow

Hikari Tsushin, Inc. Competitors

Brookfield Business Partners

NYSE:BBU

US$5.4b

NYSE:MMM

US$69.9b

Steel Partners Holdings

NYSE:SPLP

US$787.6m

Honeywell International

NasdaqGS:HON

US$149.0b

Price History & Performance

Summary of all time highs, changes and price drops for Hikari Tsushin
Historical stock prices
Current Share Price	JP¥202.84
52 Week High	JP¥207.36
52 Week Low	JP¥169.14
Beta	0.57
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	33.32%
33 Year Change	7.43%
5 Year Change	n/a
Change since IPO	792.39%

Recent updates

Shareholder Returns

	HKTG.F	US Industrials	US Market
7D	n/a	-0.5%	2.2%
1Y	33.3%	21.2%	31.6%

Return vs Industry: HKTG.F exceeded the US Industrials industry which returned 21.2% over the past year.

Return vs Market: HKTG.F exceeded the US Market which returned 31.6% over the past year.

Price Volatility

Is HKTG.F's price volatile compared to industry and market?
HKTG.F volatility
HKTG.F Average Weekly Movement	n/a
Industrials Industry Average Movement	4.6%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: HKTG.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine HKTG.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1952	4,149	Hideaki Wada	www.hikari.co.jp

Hikari Tsushin, Inc., a holding company, engages in the sale of communication-related products in Japan. The company provides communication line services, water delivery, electricity, insurance, industry-specific IT solutions, payment solutions, mobile phones, and office automation products to individual and corporate customers. Hikari Tsushin, Inc. was incorporated in 1952 and is headquartered in Tokyo, Japan.

Hikari Tsushin, Inc. Fundamentals Summary

How do Hikari Tsushin's earnings and revenue compare to its market cap?
HKTG.F fundamental statistics
Market cap	US$9.17b
Earnings (TTM)	US$701.71m
Revenue (TTM)	US$4.08b

13.1x

P/E Ratio

2.2x

P/S Ratio

Is HKTG.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HKTG.F income statement (TTM)
Revenue	JP¥631.25b
Cost of Revenue	JP¥309.79b
Gross Profit	JP¥321.46b
Other Expenses	JP¥212.81b
Earnings	JP¥108.65b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.48k
Gross Margin	50.92%
Net Profit Margin	17.21%
Debt/Equity Ratio	96.7%

How did HKTG.F perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

25%

Payout Ratio

HKTG.F Stock Overview

Rewards

Risk Analysis

Hikari Tsushin, Inc. Competitors

NYSE:BBU

US$5.4b

NYSE:MMM

US$69.9b

NYSE:SPLP

US$787.6m

NasdaqGS:HON

US$149.0b

Price History & Performance

Recent News & Updates

BCJ-81 completed the acquisition of the remaining unknown majority stake in T-Gaia Corporation (TSE:3738) from a group of shareholders for approximately ¥32 million.

Fuji Electric Co., Ltd. (TSE:6504) agreed to acquire remaining 53.61% stake in Fuji Furukawa Engineering & Construction Co.Ltd. (TSE:1775) from a group of shareholders.

BCJ-81 proposed to acquire remaining unknown majority stake in T-Gaia Corporation (TSE:3738) from a group of shareholders.

Hikari Tsushin, Inc. to Report Q2, 2025 Results on Nov 12, 2024

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 500,000 shares, representing 1.13% for ¥10,000 million.

Recent updates

BCJ-81 completed the acquisition of the remaining unknown majority stake in T-Gaia Corporation (TSE:3738) from a group of shareholders for approximately ¥32 million.

Fuji Electric Co., Ltd. (TSE:6504) agreed to acquire remaining 53.61% stake in Fuji Furukawa Engineering & Construction Co.Ltd. (TSE:1775) from a group of shareholders.

BCJ-81 proposed to acquire remaining unknown majority stake in T-Gaia Corporation (TSE:3738) from a group of shareholders.

Hikari Tsushin, Inc. to Report Q2, 2025 Results on Nov 12, 2024

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 500,000 shares, representing 1.13% for ¥10,000 million.

Hikari Tsushin, Inc. to Report Q1, 2025 Results on Aug 13, 2024

NTT DATA JAPAN Corporation completed the acquisition of JASTEC Co., Ltd. (TSE:9717) from Shigeru Kamiyama and Sasuyama Ltd and others.

Hikari Tsushin, Inc., Annual General Meeting, Jun 22, 2024

Elecom Co., Ltd. (TSE:6750) entered into non-binding Memorandum of Understanding to acquire Nippon Antenna Co.,Ltd. (TSE:6930) from Resona Bank, Limited, Hikari Tsushin, Inc. (TSE:9435), Custody Bank of Japan, Ltd. (Trust Account), UH Partners 3 Co., Ltd. and UH Partners 2 Co.,Ltd.

Hikari Tsushin, Inc. to Report Fiscal Year 2024 Results on May 15, 2024

Hikari Tsushin, Inc. to Report Q3, 2024 Results on Feb 13, 2024

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 350,000 shares, representing 0.79% for ¥5,000 million.

Hikari Tsushin, Inc. to Report Q2, 2024 Results on Nov 13, 2023

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 200,000 shares, representing 0.45% for ¥3,000 million.

Hikari Tsushin, Inc. to Report Q1, 2024 Results on Aug 15, 2023

Hikari Tsushin, Inc., Annual General Meeting, Jun 23, 2023

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 350,000 shares, representing 0.78% for ¥5,000 million.

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 600,000 shares, representing 1.34% for ¥11,589.6 million.

Hikari Tsushin, Inc. to Report Q3, 2023 Results on Feb 14, 2023

Hikari Tsushin, Inc. to Report Q2, 2023 Results on Nov 14, 2022

Hikari Tsushin, Inc. to Report Q1, 2023 Results on Aug 12, 2022

Hikari Tsushin, Inc., Annual General Meeting, Jun 24, 2022

Hikari Tsushin, Inc. to Report Fiscal Year 2022 Results on May 16, 2022

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 450,000 shares, representing 1% for ¥5,000 million.

Port Inc. (TSE:7047) agreed to acquire 50.91% stake in INE Co., Ltd. from Keiji Ito, Hikari Tsushin, Inc. (TSE:9435), Masahiro Tazaki and Takaaki Okamoto for ¥ 2.03 billion.

Hikari Tsushin, Inc. (TSE:9435) announces an Equity Buyback for 500,000 shares, representing 1.09% for ¥9,900 million.

Hikari Tsushin, Inc. to Report Fiscal Year 2021 Results on May 14, 2021

Sojitz Pla-Net Corporation made a tender offer to acquire remaining 53.4% in Pla Matels Corporation (JASDAQ:2714) from a group of sellers for ¥3.5 billion.

An unknown buyer acquired 23.59% stake in Kawaden Corporation (JASDAQ:6648) from Hikari Tsushin, Inc. (TSE:9435).

Actcall Inc. (TSE:6064) signed a definitive agreement to acquire the remaining 49% stake in Actcross Co., Ltd from Hikari Tsushin, Inc. (TSE:9435) for ¥12 million.

Hikari Tsushin, Inc. to Report Q2, 2021 Results on Nov 12, 2020