OTCPK:IUSD.F

Stock Analysis Report

Executive Summary

AS ONE Corporation engages in the sale of research instruments and equipment, nursing and care products, and other scientific instruments in Japan and internationally.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Risks

  • AS ONE is covered by less than 3 analysts.

Share Price & News

How has AS ONE's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

IUSD.F

0.008%

US Healthcare

-0.2%

US Market


1 Year Return

n/a

IUSD.F

-9.0%

US Healthcare

1.1%

US Market

No trading data on IUSD.F.

No trading data on IUSD.F.


Share holder returns

IUSD.FIndustryMarket
7 Day0%0.008%-0.2%
30 Day0%-0.8%2.5%
90 Dayn/a-1.5%1.6%
1 Yearn/a-7.6%-9.0%3.4%1.1%
3 Yearn/a29.6%24.4%45.2%35.8%
5 Yearn/a66.2%56.2%62.6%44.8%

Price Volatility Vs. Market

How volatile is AS ONE's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

27.09x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

AS ONE's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

AS ONE's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

AS ONE is overvalued based on earnings compared to the US Healthcare industry average.

AS ONE is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

AS ONE is poor value based on expected growth next year.


Price Based on Value of Assets

AS ONE is overvalued based on assets compared to the US Healthcare industry average.


Next Steps

Future Growth

How is AS ONE expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

9.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

AS ONE's revenue is expected to grow by 6.8% yearly, however this is not considered high growth (20% yearly).

AS ONE's earnings are expected to grow by 9.3% yearly, however this is not considered high growth (20% yearly).

AS ONE's revenue growth is positive but not above the United States of America market average.

AS ONE's earnings growth is positive but not above the United States of America market average.

AS ONE's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if AS ONE will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has AS ONE performed over the past 5 years?

6.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

AS ONE's year on year earnings growth rate has been positive over the past 5 years.

AS ONE's 1-year earnings growth exceeds its 5-year average (15.6% vs 6.6%)

AS ONE's earnings growth has not exceeded the US Healthcare industry average in the past year (15.6% vs 26.6%).


Return on Equity

AS ONE has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

AS ONE used its assets more efficiently than the US Healthcare industry average last year based on Return on Assets.


Return on Capital Employed

AS ONE has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is AS ONE's financial position?


Financial Position Analysis

AS ONE is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

AS ONE's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

AS ONE's level of debt (4.9%) 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 (16.1% vs 4.9% today).

Debt is well covered by operating cash flow (193.4%, greater than 20% of total debt).

AS ONE earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 16.9x debt.


Next Steps

Dividend

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

2.14%

Expected Dividend Yield


Dividend Yield and Payments Analysis

AS ONE's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

AS ONE's dividend is below the markets top 25% of dividend payers in United States of America (3.7%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

9.8yrs

Average management tenure


CEO

Takuji Iuchi (50yo)

9.6yrs

Tenure

JP¥107,000,000

Compensation

Mr. Takuji Iuchi has been the President of As One Corp. since June 2009. Mr. Iuchi has been the President of As One (Shanghai) Corporationsince April 2007. Mr. Iuchi served as General Manager of Marketing  ...


CEO Compensation Analysis

Takuji's remuneration is lower than average for companies of similar size in United States of America.

Insufficient data for Takuji to compare compensation growth.


Management Age and Tenure

9.8yrs

Average Tenure

57yo

Average Age

The average tenure for the AS ONE management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

5.6yrs

Average Tenure

59yo

Average Age

The tenure for the AS ONE board of directors is about average.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Takuji Iuchi (50yo)

    President & Representative Director

    • Tenure: 9.6yrs
    • Compensation: JP¥107.00m
  • Mototaka Ono (66yo)

    MD, GM of Corporate Planning Division & Director

    • Tenure: 9.6yrs
  • Kazuhito Yamada (54yo)

    MD, GM of Marketing Division & Sales Division

    • Tenure: 6.6yrs
  • Yasuyuki Hoshino (57yo)

    GM of International Business Division & International Department and Director

    • Tenure: 6.6yrs
  • Kenichi Fujinaka (62yo)

    GM of Merchandising Division & IT Division and Director

    • Tenure: 0yrs

Board Members

  • Joji Suzuki (67yo)

    Outside Director

    • Tenure: 2.6yrs
  • Hideaki Mihara (56yo)

    Outside Auditor

    • Tenure: 2.6yrs
  • Takuji Iuchi (50yo)

    President & Representative Director

    • Tenure: 9.6yrs
    • Compensation: JP¥107.00m
  • Mototaka Ono (66yo)

    MD, GM of Corporate Planning Division & Director

    • Tenure: 9.6yrs
  • Masashi Mizunaga (54yo)

    Outside Director

    • Tenure: 2.6yrs
  • Kazuhito Yamada (54yo)

    MD, GM of Marketing Division & Sales Division

    • Tenure: 6.6yrs
  • Yasuyuki Hoshino (57yo)

    GM of International Business Division & International Department and Director

    • Tenure: 6.6yrs
  • Kazutaka Suzuki (61yo)

    Outside Corporate Auditor

    • Tenure: 5.6yrs
  • Makoto Matsuo (64yo)

    • Tenure: 2.6yrs
  • Kenichi Fujinaka (62yo)

    GM of Merchandising Division & IT Division and Director

    • Tenure: 0yrs

Company Information

AS ONE Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AS ONE Corporation
  • Ticker: IUSD.F
  • Exchange: OTCPK
  • Founded: 1933
  • Industry: Health Care Distributors
  • Sector: Healthcare
  • Market Cap: JP¥136.456b
  • Listing Market Cap: JP¥1.243b
  • Shares outstanding: 18.67m
  • Website: https://www.as-1.co.jp

Number of Employees


Location

  • AS ONE Corporation
  • 2-1-27, Edobori
  • Nishi-ku
  • Osaka
  • 550-8527
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IUSD.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 1995
7476TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYNov 1995

Biography

AS ONE Corporation engages in the sale of research instruments and equipment, nursing and care products, and other scientific instruments in Japan and internationally. It offers scientific instruments comp ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/01/19 23:52
End of Day Share Price2018/10/22 00:00
Earnings2018/09/30
Annual Earnings2018/03/31


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.