OTCPK:IACY.F

Stock Analysis Report

Executive Summary

Inter Action Corporation manufactures and sells light source devices in Japan.

Snowflake

Fundamentals

Flawless balance sheet with solid track record.

Risks

  • Inter Action has significant price volatility in the past 3 months.
  • Inter Action is covered by less than 3 analysts.

Share Price & News

How has Inter Action's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:IACY.F

2.0%

US Semiconductor

1.3%

US Market


1 Year Return

n/a

OTCPK:IACY.F

11.1%

US Semiconductor

2.0%

US Market

No trading data on IACY.F.

No trading data on IACY.F.


Share holder returns

IACY.FIndustryMarket
7 Day0%2.0%1.3%
30 Day0%8.4%3.9%
90 Day34.4%16.8%3.4%
1 Yearn/a13.2%11.1%4.2%2.0%
3 Yearn/a84.0%73.2%47.2%37.6%
5 Yearn/a123.1%100.5%60.5%42.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

39%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Inter Action's share price is below the future cash flow value, and at a moderate discount (> 20%).

Inter Action's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Inter Action is good value based on earnings compared to the US Semiconductor industry average.

Inter Action is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Inter Action is poor value based on expected growth next year.


Price Based on Value of Assets

Inter Action is overvalued based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is Inter Action expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

13.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Inter Action's revenue is expected to grow by 8.3% yearly, however this is not considered high growth (20% yearly).

Inter Action's earnings are expected to grow by 13.7% yearly, however this is not considered high growth (20% yearly).

Inter Action's revenue growth is expected to exceed the United States of America market average.

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

Inter Action'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 Inter Action will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Inter Action performed over the past 5 years?

27.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Inter Action has delivered over 20% year on year earnings growth in the past 5 years.

Inter Action's 1-year earnings growth exceeds its 5-year average (102% vs 27.4%)

Inter Action's earnings growth has exceeded the US Semiconductor industry average in the past year (102% vs -6.2%).


Return on Equity

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


Return on Assets

Inter Action used its assets more efficiently than the US Semiconductor industry average last year based on Return on Assets.


Return on Capital Employed

Inter Action has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Inter Action's financial position?


Financial Position Analysis

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

Inter Action's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Inter Action's level of debt (14.4%) 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 (37.4% vs 14.4% today).

Debt is well covered by operating cash flow (89.6%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 198x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 8.5x debt.


Next Steps

Dividend

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

0.92%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Inter Action's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

Inter Action's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

Inter Action has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but Inter Action only paid a dividend in the past 7 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (7.8x 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 Inter Action's salary, the management and board of directors tenure and is there insider trading?

7.3yrs

Average management tenure


CEO

Hideo Kiji (67yo)

11.3yrs

Tenure

0

Mr. Hideo Kiji has been the President of Inter Action Corporation since August 2006 and served as its Chief Executive Officer. Mr. Kiji has been the Chairman of Inter Action Corporation since August 2006.  ...


Management Age and Tenure

7.3yrs

Average Tenure

41yo

Average Age

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


Board Age and Tenure

11.3yrs

Average Tenure

59.5yo

Average Age

The average tenure for the Inter Action board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Hideo Kiji (67yo)

    President and Representative Director

    • Tenure: 11.3yrs
  • Takao Kiji (35yo)

    Managing Director and Director

    • Tenure: 11.3yrs
  • Nobuo Kiji (37yo)

    Representative Senior Managing Director and Director

    • Tenure: 11.3yrs
  • Hiromi Yamamoto (45yo)

    Manager of OPT Development Department and Director

    • Tenure: 0yrs

Board Members

  • Hideo Kiji (67yo)

    President and Representative Director

    • Tenure: 11.3yrs
  • Takao Kiji (35yo)

    Managing Director and Director

    • Tenure: 11.3yrs
  • Nobuo Kiji (37yo)

    Representative Senior Managing Director and Director

    • Tenure: 11.3yrs
  • Shunji Oohashi (62yo)

    External Auditor

    • Tenure: 16.1yrs
  • Masatoshi Hori (66yo)

    External Director

    • Tenure: 0yrs
  • Hiroki Aoyama (64yo)

    Director

    • Tenure: 0yrs
  • Hiromi Yamamoto (45yo)

    Manager of OPT Development Department and Director

    • Tenure: 0yrs
  • Masami Kita (74yo)

    External Director

    • Tenure: 0yrs
  • Hajime Tohara (57yo)

    Standing Corporate Auditor

    • Tenure: 0yrs
  • Yoshihide Tashiro (41yo)

    External Auditor

    • Tenure: 0yrs

Company Information

Inter Action Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Inter Action Corporation
  • Ticker: IACY.F
  • Exchange: OTCPK
  • Founded: 1992
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: JP¥22.905b
  • Listing Market Cap: JP¥211.913m
  • Shares outstanding: 10.92m
  • Website: https://www.inter-action.co.jp

Number of Employees


Location

  • Inter Action Corporation
  • Kanazawa high-tech Center
  • 14th Floor
  • Yokohama
  • Kanagawa
  • 236-0004
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
7725TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYFeb 2001
IACY.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDFeb 2001

Biography

Inter Action Corporation manufactures and sells light source devices in Japan. The company offers its light source equipment for inspection, which is used for manufacturing electronic parts, such as CCD C- ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 00:01
End of Day Share Price2019/07/25 00:00
Earnings2019/05/31
Annual Earnings2019/05/31


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.