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MonotaRO

OTCPK:MONO.Y
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MONO.Y
OTCPK
¥607B
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

MonotaRO Co., Ltd., together with its subsidiaries, imports and sells MRO products in Japan and internationally. The last earnings update was 24 days ago. More info.


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MONO.Y Share Price and Events
7 Day Returns
3.7%
OTCPK:MONO.Y
3.1%
US Trade Distributors
0.8%
US Market
1 Year Returns
21.5%
OTCPK:MONO.Y
-3.5%
US Trade Distributors
5.9%
US Market
MONO.Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MonotaRO (MONO.Y) 3.7% 5.1% -4.2% 21.5% 44% 287.6%
US Trade Distributors 3.1% 6% 10.5% -3.5% 33.3% 15.8%
US Market 0.8% 2.6% 10.6% 5.9% 37.7% 45.5%
1 Year Return vs Industry and Market
  • MONO.Y outperformed the Trade Distributors industry which returned -3.5% over the past year.
  • MONO.Y outperformed the Market in United States of America which returned 5.9% over the past year.
Price Volatility
MONO.Y
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for MonotaRO's competitors could be found in our database.

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of MonotaRO to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for MonotaRO.

OTCPK:MONO.Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.4%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:MONO.Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.932 (1 + (1- 30.86%) (0.88%))
0.958
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.958 * 5.96%)
8.44%

Discounted Cash Flow Calculation for OTCPK:MONO.Y using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for MonotaRO is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:MONO.Y DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 8.44%)
2019 8,328.64 Analyst x5 7,680.39
2020 11,356.00 Analyst x5 9,657.03
2021 14,798.20 Analyst x3 11,604.76
2022 21,191.50 Analyst x2 15,324.91
2023 23,633.00 Analyst x2 15,760.29
2024 25,629.89 Est @ 8.45% 15,761.63
2025 27,355.73 Est @ 6.73% 15,513.57
2026 28,869.21 Est @ 5.53% 15,097.58
2027 30,223.70 Est @ 4.69% 14,575.70
2028 31,463.86 Est @ 4.1% 13,992.74
Present value of next 10 years cash flows ¥134,968.60
OTCPK:MONO.Y DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥31,463.86 × (1 + 2.73%) ÷ (8.44% – 2.73%)
¥566,038.81
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥566,038.81 ÷ (1 + 8.44%)10
¥251,731.12
OTCPK:MONO.Y Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥134,968.60 + ¥251,731.12
¥386,699.72
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥386,699.72 / 248.35
¥1557.08
OTCPK:MONO.Y Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:MONO.Y represents 0.00905x of TSE:3064
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00905x
Value per Share
(Listing Adjusted, USD)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 1,557.08 x 0.00905
$14.10
Value per share (USD) From above. $14.10
Current discount Discount to share price of $22.12
= -1 x ($22.12 - $14.10) / $14.10
-56.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of MonotaRO is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for MonotaRO's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MonotaRO's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:MONO.Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in JPY ¥38.31
TSE:3064 Share Price ** TSE (2019-04-18) in JPY ¥2443
United States of America Trade Distributors Industry PE Ratio Median Figure of 41 Publicly-Listed Trade Distributors Companies 15.72x
United States of America Market PE Ratio Median Figure of 3,078 Publicly-Listed Companies 18.23x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MonotaRO.

OTCPK:MONO.Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:3064 Share Price ÷ EPS (both in JPY)

= 2443 ÷ 38.31

63.76x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MonotaRO is overvalued based on earnings compared to the US Trade Distributors industry average.
  • MonotaRO is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does MonotaRO's expected growth come at a high price?
Raw Data
OTCPK:MONO.Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 63.76x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
16.4%per year
United States of America Trade Distributors Industry PEG Ratio Median Figure of 33 Publicly-Listed Trade Distributors Companies 1.24x
United States of America Market PEG Ratio Median Figure of 2,108 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

OTCPK:MONO.Y PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 63.76x ÷ 16.4%

3.89x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MonotaRO is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on MonotaRO's assets?
Raw Data
OTCPK:MONO.Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in JPY ¥119.20
TSE:3064 Share Price * TSE (2019-04-18) in JPY ¥2443
United States of America Trade Distributors Industry PB Ratio Median Figure of 53 Publicly-Listed Trade Distributors Companies 1.56x
United States of America Market PB Ratio Median Figure of 5,172 Publicly-Listed Companies 1.93x
OTCPK:MONO.Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:3064 Share Price ÷ Book Value per Share (both in JPY)

= 2443 ÷ 119.20

20.5x

* Primary Listing of MonotaRO.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MonotaRO is overvalued based on assets compared to the US Trade Distributors industry average.
X
Value checks
We assess MonotaRO's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. MonotaRO has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is MonotaRO expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MonotaRO expected to grow at an attractive rate?
  • MonotaRO's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • MonotaRO's earnings growth is expected to exceed the United States of America market average.
  • MonotaRO's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:MONO.Y Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:MONO.Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 16.4%
OTCPK:MONO.Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 15.4%
United States of America Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 12.9%
United States of America Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 6.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:MONO.Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:MONO.Y Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 247,392 22,852 22,570 4
2022-12-31 215,983 19,201 19,312 4
2021-12-31 186,674 16,174 17,040 7
2020-12-31 160,553 13,123 14,243 9
2019-12-31 133,957 11,178 11,562 9
OTCPK:MONO.Y Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2018-12-31 109,553 10,537 9,515
2018-09-30 103,275 9,397
2018-06-30 98,265 8,231 9,104
2018-03-31 92,819 8,626
2017-12-31 88,347 6,097 8,464
2017-09-30 83,151 7,886
2017-06-30 78,126 4,708 7,356
2017-03-31 73,612 6,943
2016-12-31 69,647 4,982 6,368
2016-09-30 66,318 5,734
2016-06-30 63,504 4,655 5,238
2016-03-31 60,705 4,849

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • MonotaRO's earnings are expected to grow by 16.4% yearly, however this is not considered high growth (20% yearly).
  • MonotaRO's revenue is expected to grow by 15.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:MONO.Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from MonotaRO Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MONO.Y Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 90.87 95.00 85.00 3.00
2022-12-31 77.74 81.30 73.02 3.00
2021-12-31 68.66 74.50 61.60 7.00
2020-12-31 57.31 62.10 51.70 9.00
2019-12-31 46.50 48.30 44.30 9.00
OTCPK:MONO.Y Past Financials Data
Date (Data in JPY Millions) EPS *
2018-12-31 38.31
2018-09-30 37.84
2018-06-30 36.67
2018-03-31 34.75
2017-12-31 34.10
2017-09-30 31.79
2017-06-30 29.67
2017-03-31 28.02
2016-12-31 25.73
2016-09-30 23.19
2016-06-30 21.21
2016-03-31 19.66

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • MonotaRO is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess MonotaRO's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MonotaRO has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has MonotaRO performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare MonotaRO's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MonotaRO has delivered over 20% year on year earnings growth in the past 5 years.
  • MonotaRO's 1-year earnings growth is less than its 5-year average (12.4% vs 30.6%)
  • MonotaRO's earnings growth has not exceeded the US Trade Distributors industry average in the past year (12.4% vs 15.7%).
Earnings and Revenue History
MonotaRO's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MonotaRO Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MONO.Y Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 109,553.00 9,515.00 18,236.00
2018-09-30 103,275.00 9,397.00 17,169.00
2018-06-30 98,265.00 9,104.00 16,401.00
2018-03-31 92,819.00 8,626.00 15,750.00
2017-12-31 88,347.00 8,464.00 15,091.00
2017-09-30 83,151.00 7,886.00 14,519.00
2017-06-30 78,126.00 7,356.00 13,897.00
2017-03-31 73,612.00 6,943.00 13,090.00
2016-12-31 69,647.00 6,368.00 12,401.00
2016-09-30 66,318.00 5,734.00 11,810.00
2016-06-30 63,504.00 5,238.00 11,343.00
2016-03-31 60,705.00 4,849.00 10,810.00
2015-12-31 57,563.00 4,439.00 10,239.00
2015-09-30 54,322.00 3,922.00 9,848.00
2015-06-30 50,988.00 3,384.00 9,465.00
2015-03-31 47,553.00 2,774.00 9,151.00
2014-12-31 44,937.00 2,544.00 8,610.00
2014-09-30 42,382.00 2,341.00 8,211.00
2014-06-30 39,870.00 2,291.00 7,583.00
2014-03-31 37,648.00 2,366.00 7,010.00
2013-12-31 34,556.00 2,289.00 6,525.00
2013-09-30 32,547.00 2,262.00 6,098.00
2013-06-30 31,056.00 2,197.00 5,755.00
2013-03-31 29,795.00 1,972.00 5,531.00
2012-12-31 28,742.00 1,689.00 5,308.00
2012-09-30 27,074.00 1,465.00 5,022.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • MonotaRO has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • MonotaRO used its assets more efficiently than the US Trade Distributors industry average last year based on Return on Assets.
  • MonotaRO has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess MonotaRO's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MonotaRO has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is MonotaRO's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up MonotaRO's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MonotaRO is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • MonotaRO's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of MonotaRO's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 7.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from MonotaRO Company Filings, last reported 3 months ago.

OTCPK:MONO.Y Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 29,835.00 5,312.00 12,381.00
2018-09-30 27,357.00 5,339.00 8,559.00
2018-06-30 26,622.00 6,366.00 9,112.00
2018-03-31 24,105.00 7,139.00 7,270.00
2017-12-31 23,215.00 8,173.00 8,688.00
2017-09-30 20,783.00 8,222.00 5,315.00
2017-06-30 20,084.00 8,282.00 6,112.00
2017-03-31 18,096.00 11,446.00 5,723.00
2016-12-31 17,261.00 6,876.00 7,229.00
2016-09-30 15,357.00 6,961.00 6,710.00
2016-06-30 14,723.00 7,152.00 10,088.00
2016-03-31 13,142.00 7,410.00 8,996.00
2015-12-31 12,631.00 7,493.00 11,189.00
2015-09-30 11,402.00 1,578.00 3,850.00
2015-06-30 11,013.00 1,770.00 4,308.00
2015-03-31 9,785.00 2,020.00 3,310.00
2014-12-31 9,214.00 2,120.00 4,184.00
2014-09-30 8,495.00 2,039.00 2,950.00
2014-06-30 8,384.00 2,206.00 2,891.00
2014-03-31 7,736.00 1,567.00 3,176.00
2013-12-31 7,354.00 1,594.00 4,248.00
2013-09-30 6,835.00 1,567.00 3,405.00
2013-06-30 6,702.00 1,300.00 3,270.00
2013-03-31 6,019.00 1,300.00 2,516.00
2012-12-31 5,588.00 1,308.00 2,925.00
2012-09-30 5,091.00 1,300.00 2,020.00
  • MonotaRO's level of debt (17.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (21.7% vs 17.8% today).
  • Debt is well covered by operating cash flow (198.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 353.6x coverage).
X
Financial health checks
We assess MonotaRO's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MonotaRO has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.61%
Current annual income from MonotaRO dividends. Estimated to be 0.82% next year.
If you bought $2,000 of MonotaRO shares you are expected to receive $12 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • MonotaRO's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
  • MonotaRO's dividend is below the markets top 25% of dividend payers in United States of America (3.63%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:MONO.Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
United States of America Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:MONO.Y Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 29.67 3.00
2022-12-31 23.67 3.00
2021-12-31 19.75 6.00
2020-12-31 19.06 8.00
2019-12-31 15.81 8.00
OTCPK:MONO.Y Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-03-26 15.000 0.612
2019-01-30 15.000 0.601
2018-11-09 13.000 0.476
2018-10-26 13.000 0.510
2018-08-08 13.000 0.437
2018-07-27 13.000 0.466
2018-04-27 13.000 0.561
2018-03-27 13.000 0.674
2018-01-25 13.000 0.739
2017-11-10 11.000 0.646
2017-10-27 11.000 0.714
2017-08-10 11.000 0.671
2017-07-28 11.000 0.606
2017-03-24 11.000 0.603
2017-01-27 11.000 0.683
2016-11-11 9.000 0.744
2016-10-28 9.000 0.731
2016-08-10 9.000 0.659
2016-07-28 9.000 0.629
2016-03-25 9.000 0.531
2016-01-29 9.000 0.660
2015-11-10 3.500 0.223
2015-10-29 3.500 0.226
2015-08-11 5.000 0.346
2015-07-29 3.500 0.210
2015-03-26 5.000 0.428
2015-01-29 5.000 0.538
2014-11-11 3.500 0.523
2014-10-29 3.500 0.483
2014-08-12 3.500 0.511
2014-07-29 3.500 0.505
2014-03-26 3.500 0.550
2014-01-29 3.500 0.629
2013-10-29 3.000 0.558
2013-08-08 3.000 0.444
2013-07-26 3.000 0.506
2013-04-25 3.000 0.452
2013-03-22 3.000 0.510
2013-01-29 3.000 0.627
2012-08-09 2.000 0.739
2012-07-27 2.000 0.991
2012-04-27 2.000 1.058
2012-03-22 2.000 1.224
2012-01-27 2.000 1.612
2011-11-11 1.125 1.127
2011-01-28 1.125 1.444
2010-11-12 0.938 1.925
2010-10-28 0.938 2.015
2010-08-12 0.938 2.006
2010-07-28 0.938 1.991
2010-04-28 0.938 1.973
2010-03-29 0.938 1.856
2010-01-26 0.938 2.372
2009-10-28 0.781 2.160
2009-07-28 0.781 1.624
2009-04-30 0.781 2.313
2009-04-20 0.781 2.739

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MonotaRO is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
  • MonotaRO is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of MonotaRO's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of MonotaRO's dividends as it is not paying a notable one for United States of America.
Future Payout to shareholders
  • No need to calculate the sustainability of MonotaRO's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess MonotaRO's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MonotaRO afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MonotaRO has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Masaya Suzuki
AGE 43
CEO Bio

Mr. Masaya Suzuki has been the Representative Executive Officer and President of MonotaRO Co., Ltd. since March 2012 and serves as its Chief Executive Officer and Chief Operating Officer. Mr. Suzuki served as General Manager of Marketing at MonotaRO Co., Ltd and served as its Executive Officer since March 2008. Mr. Suzuki served as Manager of Marketing Department at MonotaRO Co., Ltd. since April 2007. Masaya Suzuki joined Sumitomo Corporation in April 1998. Mr. Suzuki served in Chief System Team of MonotaRO Co., Ltd. since November 2000. Masaya Suzuki served in the New Material & Special Steel Trade Department of Sumitomo Corporation since March 2006 and served at EC 2 Division of Rakuten, Inc. since May 2006. Mr. Suzuki served as Head of Marketing Team Book Media Division at Rakuten, Inc. since November 2006. Mr. Suzuki has been a Director of MonotaRO Co., Ltd. since March 2012.

CEO Compensation
  • Insufficient data for Masaya to compare compensation growth.
  • Insufficient data for Masaya to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Masaya Suzuki

TITLE
Chief Executive Officer
AGE
43

Tetsuya Koda

TITLE
Executive Officer and General Manager of Administration
AGE
44

Masaaki Hashihara

TITLE
Executive Officer and General Manager of Marketing
AGE
37

Kohei Shibagaki

TITLE
Executive Officer and General Manager of Customer Support
AGE
53

Hiroki Yoshino

TITLE
Executive Officer and General Manager of Logistics
AGE
45
Board of Directors Tenure

Average tenure and age of the MonotaRO board of directors in years:

7.1
Average Tenure
57
Average Age
  • The tenure for the MonotaRO board of directors is about average.
Board of Directors

Kinya Seto

TITLE
Chairman of the Board of Directors
AGE
58
TENURE
7.1 yrs

Masaya Suzuki

TITLE
Chief Executive Officer
AGE
43
TENURE
7.1 yrs

Masanori Miyajima

TITLE
External Director
AGE
65
TENURE
18.4 yrs

Yasuo Yamagata

TITLE
External Director
AGE
47
TENURE
13.6 yrs

Haruo Kitamura

TITLE
External Director
AGE
60
TENURE
12.8 yrs

Masahiro Kishida

TITLE
External Director
AGE
57
TENURE
7.1 yrs

David Rawlinson

TITLE
Director
AGE
42
TENURE
5.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess MonotaRO's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MonotaRO has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

MonotaRO Co., Ltd., together with its subsidiaries, imports and sells MRO products in Japan and internationally. It offers products in various categories, such as safety and health protection equipment/signs, logistics/packing goods, office tapes and cleaning supplies, cutting tools/abrasive materials, measurement/surveying equipment, work tools/electric/pneumatic tools, spray oil grease/ adhesion repair/welding supplies, pneumatic equipment/hydraulic equipment/hoses, and bearings/machine parts/casters. The company also provides electrical materials/control equipment/solder ESD protection equipment; building hardware, building materials, and painting interior goods; air conditioning electrical installation/pump/piping, water circulation equipment; screws, bolts, nails, and materials; automotive/truck equipment; bike and bicycle accessories; scientific research and development articles; kitchen equipment; agricultural materials and garden products; and medical/nursing care products. It serves manufacturing, automobile maintenance, and construction industries. MonotaRO Co., Ltd. also offers its products online. The company was formerly known as Sumisho Grainger Co., Ltd. and changed its name to MonotaRO Co., Ltd. in 2006. MonotaRO Co., Ltd. was founded in 2000 and is headquartered in Amagasaki, Japan.

Details
Name: MonotaRO Co., Ltd.
MONO.Y
Exchange: OTCPK
Founded: 2000
¥5,420,987,925
248,349,148
Website: http://www.monotaro.com
Address: MonotaRO Co., Ltd.
Liber Building,
3rd Floor,
Amagasaki,
Hyogo, 660-0876,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 3064 Common Stock The Tokyo Stock Exchange JP JPY 06. Dec 2006
OTCPK MONO.Y UNSPONSORD ADR Pink Sheets LLC US USD 05. Aug 2013
Number of employees
Current staff
Staff numbers
480
MonotaRO employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 00:39
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/10
Last earnings filing: 2019/03/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.