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GOLDCREST

OTCPK:CDCT.F
Snowflake Description

Undervalued with excellent balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CDCT.F
OTCPK
¥58B
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

GOLDCREST Co., Ltd. engages in the planning, development, and sale of new condominiums. The last earnings update was 4 days ago. More info.


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CDCT.F Share Price and Events
7 Day Returns
0%
OTCPK:CDCT.F
-6.3%
US Real Estate
-2.2%
US Market
1 Year Returns
-32.2%
OTCPK:CDCT.F
-14.5%
US Real Estate
4%
US Market
CDCT.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GOLDCREST (CDCT.F) 0% 0% -3% -32.2% 2.7% -33.5%
US Real Estate -6.3% -7.2% -3.4% -14.5% 22.1% 5.7%
US Market -2.2% -1% 5.6% 4% 40% 44.5%
1 Year Return vs Industry and Market
  • CDCT.F underperformed the Real Estate industry which returned -14.5% over the past year.
  • CDCT.F underperformed the Market in United States of America which returned 4% over the past year.
Price Volatility
CDCT.F
Industry
5yr Volatility vs Market
Related Companies

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

Value

 Is GOLDCREST 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 GOLDCREST 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 GOLDCREST.

OTCPK:CDCT.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.8%
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:CDCT.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.12
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.124 (1 + (1- 30.86%) (83.45%))
1.518
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.52
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.518 * 5.96%)
11.78%

Discounted Cash Flow Calculation for OTCPK:CDCT.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for GOLDCREST 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:CDCT.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 11.78%)
2019 19,000.00 Analyst x1 16,998.36
2020 18,136.00 Analyst x1 14,516.04
2021 -1,400.00 Analyst x1 -1,002.51
2022 14,682.00 Analyst x1 9,405.86
2023 12,277.64 Est @ -16.38% 7,036.90
2024 10,970.76 Est @ -10.64% 5,625.44
2025 10,243.17 Est @ -6.63% 4,699.02
2026 9,851.53 Est @ -3.82% 4,043.25
2027 9,668.54 Est @ -1.86% 3,550.10
2028 9,622.02 Est @ -0.48% 3,160.82
Present value of next 10 years cash flows ¥68,033.28
OTCPK:CDCT.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥9,622.02 × (1 + 2.73%) ÷ (11.78% – 2.73%)
¥109,277.38
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥109,277.38 ÷ (1 + 11.78%)10
¥35,897.45
OTCPK:CDCT.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥68,033.28 + ¥35,897.45
¥103,930.73
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥103,930.73 / 35.26
¥2947.4
OTCPK:CDCT.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:CDCT.F represents 0.00861x of TSE:8871
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00861x
Value per Share
(Listing Adjusted, USD)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 2,947.40 x 0.00861
$25.38
Value per share (USD) From above. $25.38
Current discount Discount to share price of $14.06
= -1 x ($14.06 - $25.38) / $25.38
44.6%

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

Current Discount
Amount off the current price GOLDCREST is available for.
Intrinsic value
45%
Share price is $14.06 vs Future cash flow value of $25.38
Current Discount Checks
For GOLDCREST to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • GOLDCREST's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • GOLDCREST's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 GOLDCREST's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are GOLDCREST's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:CDCT.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in JPY ¥153.54
TSE:8871 Share Price ** TSE (2019-02-14) in JPY ¥1633
United States of America Real Estate Industry PE Ratio Median Figure of 27 Publicly-Listed Real Estate Companies 16.33x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 18.04x

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

** Primary Listing of GOLDCREST.

OTCPK:CDCT.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:8871 Share Price ÷ EPS (both in JPY)

= 1633 ÷ 153.54

10.64x

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

  • GOLDCREST is good value based on earnings compared to the US Real Estate industry average.
  • GOLDCREST is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does GOLDCREST's expected growth come at a high price?
Raw Data
OTCPK:CDCT.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.64x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
-9.7%per year
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.34x
United States of America Market PEG Ratio Median Figure of 2,113 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

OTCPK:CDCT.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.64x ÷ -9.7%

-1.1x

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

  • GOLDCREST earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on GOLDCREST's assets?
Raw Data
OTCPK:CDCT.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in JPY ¥3,330.66
TSE:8871 Share Price * TSE (2019-02-14) in JPY ¥1633
United States of America Real Estate Industry PB Ratio Median Figure of 53 Publicly-Listed Real Estate Companies 1.45x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.87x
OTCPK:CDCT.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:8871 Share Price ÷ Book Value per Share (both in JPY)

= 1633 ÷ 3,330.66

0.49x

* Primary Listing of GOLDCREST.

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

  • GOLDCREST is good value based on assets compared to the US Real Estate industry average.
X
Value checks
We assess GOLDCREST'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 Real Estate 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 Real Estate industry average (and greater than 0)? (1 check)
  5. GOLDCREST has a total score of 5/6, 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 GOLDCREST expected to perform in the next 1 to 3 years based on estimates from 3 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
-9.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GOLDCREST expected to grow at an attractive rate?
  • GOLDCREST's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • GOLDCREST's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • GOLDCREST's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:CDCT.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:CDCT.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts -9.7%
OTCPK:CDCT.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts -4.4%
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 6.3%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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:CDCT.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:CDCT.F Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 29,600 14,982 4,370 2
2021-03-31 29,647 3,508 4,008 3
2020-03-31 33,500 18,436 6,100 1
OTCPK:CDCT.F Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-03-31 33,159 19,230 5,414
2018-12-31 25,869 2,330
2018-09-30 26,691 4,790 2,430
2018-06-30 26,935 2,786
2018-03-31 42,857 13,667 6,851
2017-12-31 40,838 7,988
2017-09-30 42,036 18,370 8,316
2017-06-30 52,952 10,065
2017-03-31 35,824 18,868 5,457
2016-12-31 35,988 5,575
2016-09-30 36,444 10,068 5,802
2016-06-30 30,037 4,252

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • GOLDCREST's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • GOLDCREST's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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:CDCT.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from GOLDCREST Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CDCT.F Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 123.90 141.80 106.00 2.00
2021-03-31 129.05 141.80 116.30 2.00
2020-03-31 173.00 173.00 173.00 1.00
OTCPK:CDCT.F Past Financials Data
Date (Data in JPY Millions) EPS *
2019-03-31 153.54
2018-12-31 66.08
2018-09-30 68.91
2018-06-30 79.01
2018-03-31 194.29
2017-12-31 226.38
2017-09-30 235.02
2017-06-30 283.64
2017-03-31 153.35
2016-12-31 156.33
2016-09-30 162.69
2016-06-30 119.23

*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.
  • GOLDCREST is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess GOLDCREST'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.
GOLDCREST has a total score of 0/6, 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 GOLDCREST 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 GOLDCREST's growth in the last year to its industry (Real Estate).
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.
  • GOLDCREST's year on year earnings growth rate has been positive over the past 5 years.
  • GOLDCREST's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • GOLDCREST's 1-year earnings growth is negative, it can't be compared to the US Real Estate industry average.
Earnings and Revenue History
GOLDCREST'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 GOLDCREST Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CDCT.F Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 33,159.00 5,414.00 5,535.00
2018-12-31 25,869.00 2,330.00 4,787.00
2018-09-30 26,691.00 2,430.00 4,819.00
2018-06-30 26,935.00 2,786.00 4,843.00
2018-03-31 42,857.00 6,851.00 5,273.00
2017-12-31 40,838.00 7,988.00 5,134.00
2017-09-30 42,036.00 8,316.00 5,180.00
2017-06-30 52,952.00 10,065.00 5,213.00
2017-03-31 35,824.00 5,457.00 4,806.00
2016-12-31 35,988.00 5,575.00 4,837.00
2016-09-30 36,444.00 5,802.00 4,665.00
2016-06-30 30,037.00 4,252.00 4,655.00
2016-03-31 30,079.00 4,227.00 4,644.00
2015-12-31 29,681.00 4,087.00 4,863.00
2015-09-30 28,079.00 3,573.00 4,958.00
2015-06-30 22,047.00 2,459.00 4,869.00
2015-03-31 19,691.00 2,008.00 4,320.00
2014-12-31 17,670.00 1,144.00 3,988.00
2014-09-30 19,956.00 1,381.00 3,598.00
2014-06-30 23,842.00 2,074.00 3,217.00
2014-03-31 30,247.00 3,060.00 3,260.00
2013-12-31 34,895.00 3,405.00 3,444.00
2013-09-30 39,156.00 4,311.00 3,483.00
2013-06-30 36,700.00 3,467.00 3,608.00
2013-03-31 37,921.00 3,605.00 3,792.00
2012-12-31 47,119.00 4,697.00 3,583.00
2012-09-30 40,768.00 3,188.00 3,709.00
2012-06-30 41,713.00 3,639.00 3,688.00

*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.
  • GOLDCREST has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • GOLDCREST used its assets less efficiently than the US Real Estate industry average last year based on Return on Assets.
  • GOLDCREST has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess GOLDCREST'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 Real Estate 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.
GOLDCREST has a total score of 2/6, 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 GOLDCREST'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 GOLDCREST's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • GOLDCREST is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • GOLDCREST's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of GOLDCREST'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 3.2x 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 GOLDCREST Company Filings, last reported 1 month ago.

OTCPK:CDCT.F Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 117,445.00 48,050.00 60,838.00
2018-12-31 113,925.00 48,062.00 42,165.00
2018-09-30 114,621.00 48,075.00 43,001.00
2018-06-30 113,938.00 53,087.00 45,576.00
2018-03-31 113,795.00 53,100.00 48,706.00
2017-12-31 113,363.00 61,612.00 52,924.00
2017-09-30 113,953.00 61,625.00 53,706.00
2017-06-30 112,918.00 61,637.00 57,269.00
2017-03-31 108,940.00 61,650.00 45,700.00
2016-12-31 108,017.00 61,662.00 37,292.00
2016-09-30 108,399.00 61,675.00 38,268.00
2016-06-30 105,614.00 61,687.00 26,159.00
2016-03-31 105,845.00 61,700.00 29,350.00
2015-12-31 104,157.00 64,712.00 29,315.00
2015-09-30 104,022.00 64,725.00 32,821.00
2015-06-30 102,885.00 64,737.00 28,687.00
2015-03-31 103,139.00 64,750.00 36,053.00
2014-12-31 101,849.00 62,762.00 30,380.00
2014-09-30 104,059.00 55,275.00 24,502.00
2014-06-30 103,924.00 64,287.00 34,985.00
2014-03-31 101,950.00 52,300.00 33,842.00
2013-12-31 101,266.00 52,050.00 39,904.00
2013-09-30 101,411.00 52,050.00 42,658.00
2013-06-30 100,597.00 57,100.00 49,208.00
2013-03-31 100,320.00 57,100.00 45,468.00
2012-12-31 99,292.00 59,150.00 41,645.00
2012-09-30 98,533.00 59,150.00 34,595.00
2012-06-30 98,563.00 59,200.00 41,203.00
  • GOLDCREST's level of debt (40.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (51.4% vs 40.9% today).
  • Debt is well covered by operating cash flow (40%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 22.9x coverage).
X
Financial health checks
We assess GOLDCREST'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. GOLDCREST has a total score of 5/6, 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 GOLDCREST'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
3.06%
Current annual income from GOLDCREST dividends. Estimated to be 3.69% next year.
If you bought $2,000 of GOLDCREST shares you are expected to receive $61 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?
  • GOLDCREST's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.42%).
  • GOLDCREST's dividend is below the markets top 25% of dividend payers in United States of America (3.65%).
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:CDCT.F 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 3 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1997 Stocks 2.5%
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:CDCT.F Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 60.00 2.00
2021-03-31 57.33 3.00
2020-03-31 70.00 1.00
OTCPK:CDCT.F Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-02-13 50.000 3.269
2018-11-13 50.000 3.056
2018-11-12 50.000 2.684
2018-06-28 50.000 2.721
2018-05-09 50.000 2.546
2018-02-14 44.000 1.965
2018-01-31 44.000 1.994
2017-11-14 44.000 1.883
2017-10-26 44.000 1.765
2017-06-29 44.000 1.718
2017-05-11 44.000 1.883
2017-02-14 44.000 2.176
2017-01-26 44.000 2.132
2016-11-14 44.000 2.055
2016-10-27 44.000 2.294
2016-07-28 44.000 2.669
2016-06-29 44.000 2.789
2016-05-12 44.000 2.501
2016-02-12 40.000 2.459
2016-01-28 40.000 2.218
2015-11-12 40.000 1.837
2015-10-29 40.000 1.798
2015-06-29 40.000 1.742
2015-05-14 40.000 1.653
2015-02-12 40.000 1.847
2015-01-29 40.000 2.163
2014-11-13 40.000 1.878
2014-10-30 40.000 1.958
2014-06-27 40.000 1.950
2014-05-15 40.000 1.884
2014-02-10 40.000 1.836
2014-01-30 40.000 1.716
2013-10-31 40.000 1.491
2013-06-27 40.000 1.606
2013-05-09 40.000 1.787
2013-02-08 40.000 1.812
2013-01-24 40.000 2.552
2012-11-14 40.000 3.072
2012-10-25 40.000 3.263
2012-07-20 40.000 3.318
2012-06-28 40.000 3.182
2012-05-10 40.000 3.455
2012-02-10 40.000 2.710
2012-01-26 40.000 2.931
2011-11-11 40.000 3.224
2011-10-27 40.000 2.924
2011-07-28 40.000 2.769
2011-06-29 40.000 2.357
2011-05-12 40.000 2.407
2011-02-10 40.000 2.375
2011-01-27 40.000 1.791
2010-11-12 40.000 1.932
2010-10-28 40.000 2.182
2010-06-29 40.000 2.289
2010-05-13 40.000 2.141
2010-02-12 40.000 1.622
2010-01-28 40.000 1.618
2009-11-13 40.000 1.548
2009-10-29 40.000 1.495
2009-07-29 40.000 1.515
2009-06-29 40.000 1.793

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of GOLDCREST's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.3x 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.
X
Income/ dividend checks
We assess GOLDCREST'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 GOLDCREST afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. GOLDCREST has a total score of 4/6, 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 GOLDCREST'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
Hidetoshi Yasukawa
AGE 56
TENURE AS CEO 27.3 years
CEO Bio

Hidetoshi Yasukawa has been serving as President and Representative Director in GOLDCREST Co., Ltd., as well as President and Representative Director in a subsidiary, since July 1999. He established the Goldcrest Co., Ltd. in January 1992.

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

Hidetoshi Yasukawa

TITLE
President & CEO
AGE
56
TENURE
27.3 yrs

Masaki Ito

TITLE
Investor Relations Officer
AGE
47
Board of Directors Tenure

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

6.7
Average Tenure
67
Average Age
  • The tenure for the GOLDCREST board of directors is about average.
Board of Directors

Masaki Ito

TITLE
Investor Relations Officer
AGE
47
TENURE
5.9 yrs

Masao Tsumura

TITLE
External Director
AGE
64
TENURE
6.9 yrs

Hidetoshi Yasukawa

TITLE
President & CEO
AGE
56
TENURE
27.3 yrs

Ei Tsuda

TITLE
Director
AGE
67

Hayuru Tsuda

TITLE
Director

Kenichi Onishi

TITLE
External Auditor
AGE
78
TENURE
12.9 yrs

Taro Sato

TITLE
External Auditor
AGE
71
TENURE
5.9 yrs

Akira Onotera

TITLE
External Standing Corporate Auditor
AGE
71
TENURE
6.5 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 GOLDCREST'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. GOLDCREST 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

GOLDCREST Co., Ltd. engages in the planning, development, and sale of new condominiums. The company was founded in 1992 and is headquartered in Tokyo, Japan.

Details
Name: GOLDCREST Co., Ltd.
CDCT.F
Exchange: OTCPK
Founded: 1992
¥525,269,059
35,261,862
Website: http://www.goldcrest.co.jp
Address: GOLDCREST Co., Ltd.
2-1-1 Otemachi Nomura Building,
12th Floor,
Tokyo,
100-0004,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 8871 Common Stock The Tokyo Stock Exchange JP JPY 14. Oct 1998
OTCPK CDCT.F Common Stock Pink Sheets LLC US USD 14. Oct 1998
Number of employees
Current staff
Staff numbers
199
GOLDCREST employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/13 23:56
End of day share price update: 2019/02/14 00:00
Last estimates confirmation: 2019/05/09
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


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.