OTCPK:HUKE.F

Stock Analysis Report

Hokuriku Electrical ConstructionLtd

Executive Summary

Hokuriku Electrical Construction Co.,Ltd.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.

Share Price & News

How has Hokuriku Electrical ConstructionLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

HUKE.F

3.5%

US Construction

1.0%

US Market


1 Year Return

n/a

HUKE.F

8.1%

US Construction

8.0%

US Market

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

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


Shareholder returns

HUKE.FIndustryMarket
7 Day0%3.5%1.0%
30 Dayn/a3.8%-0.07%
90 Dayn/a2.6%-1.0%
1 Yearn/a9.0%8.1%10.4%8.0%
3 Yearn/a28.3%25.4%46.2%36.7%
5 Yearn/a25.3%21.0%64.3%46.2%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Hokuriku Electrical ConstructionLtd undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HUKE.F ($8.3) is trading below our estimate of fair value ($25.55)

Significantly Below Fair Value: HUKE.F is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HUKE.F is good value based on its PE Ratio (7.7x) compared to the Construction industry average (17.7x).

PE vs Market: HUKE.F is good value based on its PE Ratio (7.7x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HUKE.F is good value based on its PB Ratio (0.7x) compared to the US Construction industry average (1.7x).


Next Steps

Future Growth

How is Hokuriku Electrical ConstructionLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HUKE.F's forecast earnings growth (10.2% per year) is above the savings rate (2.7%).

Earnings vs Market: HUKE.F's earnings (10.2% per year) are forecast to grow slower than the US market (14.5% per year).

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

Revenue vs Market: Insufficient data to determine if HUKE.F's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if HUKE.F's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if HUKE.F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Hokuriku Electrical ConstructionLtd performed over the past 5 years?

3.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: HUKE.F's earnings have grown by 3.4% per year over the past 5 years.

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

Earnings vs Industry: HUKE.F had negative earnings growth (-10%) over the past year, making it difficult to compare to the Construction industry average (2.6%).


Return on Equity

High ROE: HUKE.F's Return on Equity (8.7%) is considered low.


Return on Assets

ROA vs Industry: HUKE.F has a higher Return on Assets than the Construction industry average last year.


Return on Capital Employed

ROCE Improving: HUKE.F's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Hokuriku Electrical ConstructionLtd's financial position?


Financial Position Analysis

Short Term Liabilities: HUKE.F's short term assets (¥31.9B) exceeds its short term liabilities (¥9.2B)

Long Term Liabilities: HUKE.F's short term assets (31.9B) exceeds its long term liabilities (4.8B)


Debt to Equity History and Analysis

Debt Level: HUKE.F's debt to equity ratio (0.8%) is considered satisfactory

Reducing Debt: HUKE.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: HUKE.F's debt is well covered by operating cash flow (2035%).

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


Balance Sheet

Inventory Level: HUKE.F has a high level of physical assets or inventory.

Debt Coverage by Assets: HUKE.F's debt is covered by short term assets (assets are 122.538460x debt).


Next Steps

Dividend

What is Hokuriku Electrical ConstructionLtd's current dividend yield, its reliability and sustainability?

2.20%

Current Dividend Yield


Dividend Yield vs Market

company2.2%marketbottom25%1.4%markettop25%3.7%industryaverage1.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: HUKE.F's dividend (2.2%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: HUKE.F's dividend (2.2%) is low compared to the top 25% of dividend payers in the US market (3.68%).

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

Growing Dividend: HUKE.F's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.3%), HUKE.F's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Hokuriku Electrical ConstructionLtd's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Mitsuteru Minabe (66yo)

4.3yrs

Tenure

0

Mr. Mitsuteru Minabe has been the President of Hokuriku Electrical Construction Co.,Ltd. since June 2015. Mr. Minabe served as Executive Vice President at Hokuriku Electric Power Company and served as its  ...


Management Age and Tenure

4.3yrs

Average Tenure

65yo

Average Age

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


Board Age and Tenure

7.3yrs

Average Tenure

65yo

Average Age

Experienced Board: HUKE.F's board of directors are considered experienced (7.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Mitsuteru Minabe (66yo)

    President and Representative Director

    • Tenure: 4.3yrs
  • Yukio Tsurutani (65yo)

    Manager of Business Audit Department and Director

    • Tenure: 8.3yrs
  • Kinji Muranishi (66yo)

    Managing Director

    • Tenure: 8.3yrs
  • Toshikazu Takehara (65yo)

    Executive Officer and Manager of Toyama Branch

    • Tenure: 0yrs
  • Seiichiro Morimoto (67yo)

    Manager of Nanao Branch and Director

    • Tenure: 7.3yrs
  • Toshiaki Ikeda (62yo)

    Managing Director

    • Tenure: 7.3yrs
  • Mitsuo Ohnishi (66yo)

    Manager of Kanazawa Department and Director

    • Tenure: 5.3yrs
  • Shigenobu Ueda (63yo)

    Manager of Personnel Department and Director

    • Tenure: 4.3yrs
  • Makoto Okamoto (65yo)

    Managing Director

    • Tenure: 5.3yrs
  • Katsuaki Kitayama

    Executive Officer and Manager of Fukui Branch

    • Tenure: 0yrs

Board Members

  • Mitsuteru Minabe (66yo)

    President and Representative Director

    • Tenure: 4.3yrs
  • Yukio Tsurutani (65yo)

    Manager of Business Audit Department and Director

    • Tenure: 8.3yrs
  • Kinji Muranishi (66yo)

    Managing Director

    • Tenure: 8.3yrs
  • Shigeru Yano (62yo)

    Director

    • Tenure: 0yrs
  • Seiichiro Morimoto (67yo)

    Manager of Nanao Branch and Director

    • Tenure: 7.3yrs
  • Toshiaki Ikeda (62yo)

    Managing Director

    • Tenure: 7.3yrs
  • Mitsuo Ohnishi (66yo)

    Manager of Kanazawa Department and Director

    • Tenure: 5.3yrs
  • Shigenobu Ueda (63yo)

    Manager of Personnel Department and Director

    • Tenure: 4.3yrs
  • Makoto Okamoto (65yo)

    Managing Director

    • Tenure: 5.3yrs
  • Toshiaki Urata (63yo)

    Manager of Air Conditioning Tubes Construction Department and Director

    • Tenure: 0yrs

Company Information

Hokuriku Electrical Construction Co.,Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hokuriku Electrical Construction Co.,Ltd.
  • Ticker: HUKE.F
  • Exchange: OTCPK
  • Founded: 1944
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: JP¥22.230b
  • Listing Market Cap: JP¥204.778m
  • Shares outstanding: 23.33m
  • Website: https://www.rikudenko.co.jp

Number of Employees


Location

  • Hokuriku Electrical Construction Co.,Ltd.
  • 269, Konaka
  • Toyama
  • Toyama
  • 939-8571
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1930TSE (The Tokyo Stock Exchange)YesCommon SharesJPJPYJan 1992
HUKE.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1992

Biography

Hokuriku Electrical Construction Co.,Ltd. engages in the construction business in Japan. The company undertakes electrical contracting, ventilating and air conditioning, telecommunication, plumbing, firefi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 00:56
End of Day Share Price2019/09/23 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.