OTCPK:IACY.F

Stock Analysis Report

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Executive Summary

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

Rewards

PE ratio (21.6x) is below the Semiconductor industry average (34.5x)

Earnings are forecast to grow 14.13% per year

Risk Analysis

No risks detected for IACY.F from our risk checks.


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: IACY.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

IACY.F

2.5%

US Semiconductor

1.0%

US Market


1 Year Return

n/a

IACY.F

38.7%

US Semiconductor

13.6%

US Market

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

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


Shareholder returns

IACY.FIndustryMarket
7 Day0%2.5%1.0%
30 Day0%0.2%-0.4%
90 Dayn/a10.6%8.9%
1 Yearn/a41.2%38.7%16.2%13.6%
3 Yearn/a84.1%74.6%40.2%30.8%
5 Yearn/a249.0%214.7%89.6%68.2%

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 compared to its fair value and its price relative to the market?

21.59x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: IACY.F ($17.65) is trading above our estimate of fair value ($15.17)

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


Price To Earnings Ratio

PE vs Industry: IACY.F is good value based on its PE Ratio (21.6x) compared to the US Semiconductor industry average (34.5x).

PE vs Market: IACY.F is poor value based on its PE Ratio (21.6x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: IACY.F is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: IACY.F is good value based on its PB Ratio (2.8x) compared to the US Semiconductor industry average (3.2x).


Next Steps

Future Growth

How is Inter Action forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

14.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IACY.F's forecast earnings growth (14.1% per year) is above the savings rate (2.2%).

Earnings vs Market: IACY.F's earnings (14.1% per year) are forecast to grow slower than the US market (23.2% per year).

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

Revenue vs Market: IACY.F's revenue (6.8% per year) is forecast to grow slower than the US market (9.7% per year).

High Growth Revenue: IACY.F's revenue (6.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IACY.F's Return on Equity is forecast to be low in 3 years time (13.4%).


Next Steps

Past Performance

How has Inter Action performed over the past 5 years?

33.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IACY.F has high quality earnings.

Growing Profit Margin: IACY.F's current net profit margins (14.2%) are lower than last year (17.4%).


Past Earnings Growth Analysis

Earnings Trend: IACY.F's earnings have grown significantly by 33.3% per year over the past 5 years.

Accelerating Growth: IACY.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: IACY.F had negative earnings growth (-27.6%) over the past year, making it difficult to compare to the Semiconductor industry average (7.5%).


Return on Equity

High ROE: IACY.F's Return on Equity (12.8%) is considered low.


Next Steps

Financial Health

How is Inter Action's financial position?


Financial Position Analysis

Short Term Liabilities: IACY.F's short term assets (¥8.6B) exceed its short term liabilities (¥1.6B).

Long Term Liabilities: IACY.F's short term assets (¥8.6B) exceed its long term liabilities (¥487.0M).


Debt to Equity History and Analysis

Debt Level: IACY.F's debt to equity ratio (10.2%) is considered satisfactory.

Reducing Debt: IACY.F's debt to equity ratio has reduced from 60.3% to 10.2% over the past 5 years.

Debt Coverage: IACY.F's debt is well covered by operating cash flow (144.4%).

Interest Coverage: IACY.F's interest payments on its debt are well covered by EBIT (259.3x coverage).


Balance Sheet


Next Steps

Dividend

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

0.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: IACY.F's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.66%).

High Dividend: IACY.F's dividend (0.91%) is low compared to the top 25% of dividend payers in the US market (4.68%).


Stability and Growth of Payments

Stable Dividend: IACY.F has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: IACY.F's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.6%), IACY.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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.3yrs

Average management tenure


CEO

Hideo Kiji (68 yo)

12.25yrs

Tenure

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. ...


Leadership Team

NamePositionTenureCompensationOwnership
Hideo Kiji
President and Representative Director12.25yrsno data0.97%
¥ 2.0m
Nobuo Kiji
Representative Senior Managing Director and Director12.25yrsno data0.78%
¥ 1.6m
Takao Kiji
Managing Director and Director12.25yrsno datano data
Hiromi Yamamoto
Manager of OPT Development Department and Directorno datano datano data

8.3yrs

Average Tenure

42yo

Average Age

Experienced Management: IACY.F's management team is seasoned and experienced (8.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hideo Kiji
President and Representative Director12.25yrsno data0.97%
¥ 2.0m
Nobuo Kiji
Representative Senior Managing Director and Director12.25yrsno data0.78%
¥ 1.6m
Takao Kiji
Managing Director and Director12.25yrsno datano data
Hiromi Yamamoto
Manager of OPT Development Department and Directorno datano datano data
Shunji Oohashi
External Auditor17.08yrsno datano data
Masatoshi Hori
External Directorno datano datano data
Hiroki Aoyama
Directorno datano datano data
Masami Kita
External Directorno datano datano data
Hajime Tohara
Standing Corporate Auditorno datano datano data
Yoshihide Tashiro
External Auditorno datano datano data

12.3yrs

Average Tenure

60.5yo

Average Age

Experienced Board: IACY.F's board of directors are seasoned and experienced ( 12.3 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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¥21.690b
  • Listing Market Cap: JP¥207.738m
  • Shares outstanding: 10.93m
  • 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 inspection light source devices, which is used for manufacturing CCD C-MOS image sensors that are used ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/19 06:01
End of Day Share Price2020/07/01 00:00
Earnings2020/05/31
Annual Earnings2020/05/31


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.