SPARX Group Co., Ltd. is a publicly owned asset management holding company.
Share Price & News
How has SPARX Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SRXX.F has not had significant price volatility in the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: Insufficient data to determine how SRXX.F performed against the US Capital Markets industry.
Return vs Market: Insufficient data to determine how SRXX.F performed against the US Market.
Price Volatility Vs. Market
How volatile is SPARX Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is SPARX Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SRXX.F ($2.31) is trading above our estimate of fair value ($2.1)
Significantly Below Fair Value: SRXX.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SRXX.F is good value based on its PE Ratio (17.2x) compared to the Capital Markets industry average (35.3x).
PE vs Market: SRXX.F is good value based on its PE Ratio (17.2x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SRXX.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SRXX.F is good value based on its PB Ratio (2.6x) compared to the US Capital Markets industry average (6.8x).
How is SPARX Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SPARX Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has SPARX Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRXX.F has a high level of non-cash earnings.
Growing Profit Margin: SRXX.F's current net profit margins (24%) are lower than last year (29.1%).
Past Earnings Growth Analysis
Earnings Trend: SRXX.F's earnings have grown by 15.5% per year over the past 5 years.
Accelerating Growth: SRXX.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: SRXX.F had negative earnings growth (-6.5%) over the past year, making it difficult to compare to the Capital Markets industry average (8.4%).
Return on Equity
High ROE: SRXX.F's Return on Equity (14.5%) is considered low.
Return on Assets
Return on Capital Employed
How is SPARX Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: SRXX.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: SRXX.F's debt is covered by short term assets (assets are 2.7x debt).
Financial Institutions Analysis
Asset Level: SRXX.F's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if SRXX.F has a sufficient allowance for bad loans.
Low Risk Liabilities: SRXX.F reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if SRXX.F has an acceptable proportion of non-loan assets held.
Low Risk Deposits: SRXX.F has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if SRXX.F has an appropriate level of bad loans.
What is SPARX Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SRXX.F's dividend (2.67%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: SRXX.F's dividend (2.67%) is low compared to the top 25% of dividend payers in the US market (3.71%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SRXX.F has been paying a dividend for less than 10 years.
Growing Dividend: SRXX.F's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.1%), SRXX.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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Shuhei Abe (65yo)
Mr. Shuhei Abe serves as a President and Chief Executive Officer and served as Chief Investment Officer, Portfolio Manager and Chairman at SPARX Asset Management Co., Ltd. He is the Founder of SPARX Asset ...
|Chief Executive Officer||8.8yrs||no data||41.4% ¥193.6m|
|Group Executive Officer & Representative Director||2.7yrs||no data||0.71% ¥3.3m|
|Standing Statutory Auditor||7.7yrs||no data||0.0073% ¥34.0k|
|Director||2.7yrs||no data||0.21% ¥984.0k|
|Outside Auditor||0.7yrs||no data||no data|
|Outside Director||2.7yrs||no data||no data|
|Outside Auditor||7.7yrs||no data||0.10% ¥468.1k|
|Outside Director||4.7yrs||no data||0.060% ¥279.1k|
Experienced Board: SRXX.F's board of directors are considered experienced (3.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SPARX Group Co., Ltd's company bio, employee growth, exchange listings and data sources
- Name: SPARX Group Co., Ltd
- Ticker: SRXX.F
- Exchange: OTCPK
- Founded: 1989
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: JP¥52.358b
- Listing Market Cap: JP¥467.726m
- Shares outstanding: 199.84m
- Website: https://www.sparxgroup.com
Number of Employees
- SPARX Group Co., Ltd
- Shinagawa Season Terrace
- 6th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8739||TSE (The Tokyo Stock Exchange)||Yes||Common Stock||JP||JPY||Dec 2001|
|SRXX.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Dec 2001|
SPARX Group Co., Ltd. is a publicly owned asset management holding company. Through its subsidiaries, it offers asset management and investment advisory services. It invests in real estate. The firm primarily provides its services to corporate pension annuities, government entities, private and trust banks, and public pension funds. SPARX Group Co., Ltd. was founded on July 1, 1989 and is based in Tokyo, Japan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 00:13|
|End of Day Share Price||2019/12/13 00:00|
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.