OTCPK:HISJ.F

Stock Analysis Report

Executive Summary

H.I.S. Co., Ltd. provides travel agency services worldwide.

Snowflake

Fundamentals

Fair value with acceptable track record.

Share Price & News

How has H.I.S's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

HISJ.F

0.5%

US Hospitality

0.07%

US Market


1 Year Return

n/a

HISJ.F

8.5%

US Hospitality

8.9%

US Market

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

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


Shareholder returns

HISJ.FIndustryMarket
7 Day0%0.5%0.07%
30 Day0%-2.6%-0.3%
90 Dayn/a-5.9%-1.6%
1 Yearn/a11.2%8.5%11.3%8.9%
3 Year-13.5%-13.5%43.6%34.1%46.3%36.8%
5 Year-2.0%-2.0%39.5%24.2%62.1%44.3%

Price Volatility Vs. Market

How volatile is H.I.S's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is H.I.S undervalued compared to its fair value and its price relative to the market?

12.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HISJ.F ($23.58) is trading above our estimate of fair value ($3.87)

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


Price To Earnings Ratio

PE vs Industry: HISJ.F is good value based on its PE Ratio (12.4x) compared to the Hospitality industry average (22x).

PE vs Market: HISJ.F is good value based on its PE Ratio (12.4x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: HISJ.F is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: HISJ.F is good value based on its PB Ratio (1.7x) compared to the US Hospitality industry average (2.3x).


Next Steps

Future Growth

How is H.I.S forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

10.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HISJ.F's forecast earnings growth (10.3% per year) is above the savings rate (2.7%).

Earnings vs Market: HISJ.F's earnings (10.3% per year) are forecast to grow slower than the US market (14.5% per year).

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

Revenue vs Market: HISJ.F's revenue (6.5% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: HISJ.F's revenue (6.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HISJ.F's Return on Equity is forecast to be low in 3 years time (12.2%).


Next Steps

Past Performance

How has H.I.S performed over the past 5 years?

8.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: HISJ.F's earnings have grown by 8.3% per year over the past 5 years.

Accelerating Growth: HISJ.F's earnings growth over the past year (46%) exceeds its 5-year average (8.3% per year).

Earnings vs Industry: HISJ.F earnings growth over the past year (46%) exceeded the Hospitality industry -14.8%.


Return on Equity

High ROE: HISJ.F's Return on Equity (12.7%) is considered low.


Return on Assets

ROA vs Industry: HISJ.F's Return on Assets is below or equal to the Hospitality industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is H.I.S's financial position?


Financial Position Analysis

Short Term Liabilities: HISJ.F's short term assets (¥375.0B) exceeds its short term liabilities (¥302.1B)

Long Term Liabilities: HISJ.F's short term assets (375.0B) exceeds its long term liabilities (215.6B)


Debt to Equity History and Analysis

Debt Level: HISJ.F's debt to equity ratio (221.8%) is considered high

Reducing Debt: HISJ.F's debt to equity ratio has increased from 27.6% to 221.8% over the past 5 years.

Debt Coverage: HISJ.F's debt is not well covered by operating cash flow (14.5%).

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


Balance Sheet

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

Debt Coverage by Assets: HISJ.F's debt is covered by short term assets (assets are 1.396900x debt).


Next Steps

Dividend

What is H.I.S's current dividend yield, its reliability and sustainability?

1.07%

Current Dividend Yield


Dividend Yield vs Market

company1.1%marketbottom25%1.4%markettop25%3.7%industryaverage2.9%forecastin3Years1.2%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: HISJ.F's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: HISJ.F's dividend (1.07%) is low compared to the top 25% of dividend payers in the US market (3.68%).

Stable Dividend: HISJ.F's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (12.8%), HISJ.F's dividend payments are thoroughly 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 H.I.S's salary, the management and board of directors tenure and is there insider trading?

2.9yrs

Average management tenure


CEO

Hideo Sawada (68yo)

2.9yrs

Tenure

JP¥108,000,000

Compensation

Mr. Hideo Sawada served as President of Sawada Holdings Co., Ltd. since March 1999. Mr. Sawada has been the President of HUIS TEN BOSCH Co., Ltd since March 2010. He is the Founder of H.i.s. Co., Ltd. and  ...


CEO Compensation Analysis

Compensation vs. Market: Hideo's total compensation ($USD0.00) is too low to compare against companies of similar size in the US market ($USD4.07M).

Compensation vs Earnings: Hideo's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.9yrs

Average Tenure

60yo

Average Age

Experienced Management: HISJ.F's management team is considered experienced (2.9 years average tenure).


Board Age and Tenure

3.8yrs

Average Tenure

59yo

Average Age

Experienced Board: HISJ.F's board of directors are considered experienced (3.8 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

  • Hideo Sawada (68yo)

    Chairman

    • Tenure: 2.9yrs
    • Compensation: JP¥108.00m
  • Shigeru Nakatani (71yo)

    CFO, GM of Head of Corporate Loan Audit Office

    • Tenure: 7.8yrs
  • Hikaru Wada (56yo)

    Senior Corporate Officer & Head of CS/ES Division

    • Tenure: 0yrs
  • Tatsuya Nakamori (52yo)

    Senior Managing Executive Officer & Director

    • Tenure: 9.8yrs
  • Katsuhiko Sakaguchi (64yo)

    Senior Executive Officer

    • Tenure: 3.8yrs
  • Hideo Hatano

    Corporate Officer & Head of Overseas Sales Division

    • Tenure: 0yrs
  • Ken Fukushima

    Corporate Officer

    • Tenure: 0yrs
  • Mutsumi Gomi (51yo)

    Senior Exec. Officer

    • Tenure: 1.8yrs
  • Yuji Iwama

    Corporate Officer & Head of Chubu Area Sales Division

    • Tenure: 0yrs
  • Kozo Arita

    Corporate Officer & Head of Kanto Area Sales Division

    • Tenure: 0yrs

Board Members

  • Hideo Sawada (68yo)

    Chairman

    • Tenure: 2.9yrs
    • Compensation: JP¥108.00m
  • Shigeru Nakatani (71yo)

    CFO, GM of Head of Corporate Loan Audit Office

    • Tenure: 7.8yrs
  • Tsunekazu Umeda (74yo)

    External Director

    • Tenure: 3.8yrs
  • Masahiko Hirata (88yo)

    External Director

    • Tenure: 21.8yrs
  • Tatsuya Nakamori (52yo)

    Senior Managing Executive Officer & Director

    • Tenure: 9.8yrs
  • Atsushi Yamanobe (49yo)

    Senior Executive Officer

    • Tenure: 3.8yrs
  • Masayuki Oda (53yo)

    Managing Executive Officer

    • Tenure: 3.8yrs
  • Sonoko Sekita (54yo)

    Director

    • Tenure: 3.8yrs
  • Katsuhiko Sakaguchi (64yo)

    Senior Executive Officer

    • Tenure: 3.8yrs
  • Mutsumi Gomi (51yo)

    Senior Exec. Officer

    • Tenure: 1.8yrs

Company Information

H.I.S. Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: H.I.S. Co., Ltd.
  • Ticker: HISJ.F
  • Exchange: OTCPK
  • Founded: 1980
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: JP¥161.104b
  • Listing Market Cap: JP¥1.484b
  • Shares outstanding: 57.37m
  • Website: https://www.his.co.jp

Number of Employees


Location

  • H.I.S. Co., Ltd.
  • Shinjuku Oak Tower
  • 29th Floor
  • Tokyo
  • 163-6029
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
9603TSE (The Tokyo Stock Exchange)YesCommon SharesJPJPYApr 1995
HISJ.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 1995

Biography

H.I.S. Co., Ltd. provides travel agency services worldwide. The company offers sports related tours, such as ski and diving tours; casual to luxury cruises; escort accompanied tours, honeymoons, and onboar ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 00:03
End of Day Share Price2019/08/16 00:00
Earnings2019/07/31
Annual Earnings2018/10/31


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.