OTCPK:SUMC.F

Stock Analysis Report

Executive Summary

Sumco Corporation, together with its subsidiaries, manufactures and sells silicon wafers for the semiconductor industry in Japan, North America, Asia, Europe, and internationally.

Snowflake

Fundamentals

Excellent balance sheet, good value and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:SUMC.F

2.0%

US Semiconductor

1.3%

US Market


1 Year Return

-6.6%

OTCPK:SUMC.F

11.1%

US Semiconductor

2.0%

US Market

SUMC.F underperformed the Semiconductor industry which returned 10.9% over the past year.

SUMC.F underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

SUMC.FIndustryMarket
7 Day0%2.0%1.3%
30 Day11.7%8.4%3.9%
90 Day25.3%16.8%3.4%
1 Year-6.6%-6.6%13.2%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 Sumco's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

8.2x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

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

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


Price Based on Expected Growth

Sumco is good value based on expected growth next year.


Price Based on Value of Assets

Sumco is good value based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is Sumco expected to perform in the next 1 to 3 years based on estimates from 17 analysts?

10.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Sumco's revenue is expected to grow by 5.7% yearly, however this is not considered high growth (20% yearly).

Sumco's earnings are expected to grow by 10.2% yearly, however this is not considered high growth (20% yearly).

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

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

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


Earnings per Share Growth Estimates


Future Return on Equity

Sumco is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Sumco performed over the past 5 years?

38.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Sumco's 1-year earnings growth is less than its 5-year average (17.3% vs 38%)

Sumco's earnings growth has exceeded the US Semiconductor industry average in the past year (17.3% vs -6.2%).


Return on Equity

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


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Sumco's financial position?


Financial Position Analysis

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

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


Debt to Equity History and Analysis

Sumco's level of debt (45.6%) 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 (109.4% vs 45.6% today).

Debt is well covered by operating cash flow (52.2%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 197.8x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.2x debt.


Next Steps

Dividend

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

3.37%

Expected Dividend Yield


Dividend Yield and Payments Analysis

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

Sumco's dividend is above the markets top 25% of dividend payers in United States of America (3.67%).

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 well covered by earnings (3.2x 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 Sumco's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average management tenure


CEO

Mayuki Hashimoto (68yo)

0yrs

Tenure

0

Mr. Mayuki Hashimoto serves as Chief Executive Officer at Sumco Corporation. Mr. Hashimoto served as the President of Sumco Corporation since April 2012. He served as Managing Director and Director of Mit ...


Management Age and Tenure

1.5yrs

Average Tenure

68yo

Average Age

The average tenure for the Sumco management team is less than 2 years, this suggests a new team.


Board Age and Tenure

3.5yrs

Average Tenure

68yo

Average Age

The tenure for the Sumco board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Mayuki Hashimoto (68yo)

    Chairman & CEO

    • Tenure: 0yrs
  • Michiharu Takii (69yo)

    CFO & Vice Chairman

    • Tenure: 1.5yrs
  • Hisashi Furuya (65yo)

    President

    • Tenure: 0yrs
  • Kazuo Hiramoto (63yo)

    Executive VP & Representative Director

    • Tenure: 8.4yrs
  • Fumio Inoue

    Senior Managing Executive Officer

    • Tenure: 1.5yrs
  • Keiichi Tanaka (69yo)

    Senior Managing Executive Officer

    • Tenure: 0yrs
  • Seiji Miyachi

    Managing Executive Officer

    • Tenure: 0yrs
  • Makoto Itoh

    Managing Executive Officer

    • Tenure: 0yrs
  • Kazuhiro Ikezawa

    Managing Executive Officer

    • Tenure: 0yrs
  • Hiroshi Shibaya

    Executive Officer and GM of Public Relations & IR Department

    • Tenure: 0yrs

Board Members

  • Mayuki Hashimoto (68yo)

    Chairman & CEO

    • Tenure: 0yrs
  • Michiharu Takii (69yo)

    CFO & Vice Chairman

    • Tenure: 1.5yrs
  • Shinichiro Ota (73yo)

    Outside Director and Member of Audit & Supervisory Committee

    • Tenure: 3.5yrs
  • Hitoshi Tanaka (69yo)

    Outside Director and Member of Audit & Supervisory Committee

    • Tenure: 3.5yrs
  • Hisashi Furuya (65yo)

    President

    • Tenure: 0yrs
  • Kazuo Hiramoto (63yo)

    Executive VP & Representative Director

    • Tenure: 8.4yrs
  • Hiroshi Yoshikawa (65yo)

    Director and Member of Audit & Supervisory Committee

    • Tenure: 0yrs
  • Masahiro Mitomi

    Outside Director and Member of Audit & Supervisory Committee

    • Tenure: 5.5yrs
  • Akio Fuwa

    Outside Director and Member of Audit & Supervisory Committee

    • Tenure: 1.7yrs

Company Information

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


Key Information

  • Name: Sumco Corporation
  • Ticker: SUMC.F
  • Exchange: OTCPK
  • Founded: 1999
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: JP¥437.864b
  • Listing Market Cap: JP¥4.051b
  • Shares outstanding: 293.28m
  • Website: https://www.sumcosi.com

Number of Employees


Location

  • Sumco Corporation
  • Seavans North
  • 1-2-1, Shibaura
  • Tokyo
  • 105-8634
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3436TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYNov 2005
S3XDB (Deutsche Boerse AG)YesCommon StockDEEURNov 2005
SUMC.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 2005
SUOP.YOTCPK (Pink Sheets LLC)ADRUSUSDNov 2008

Biography

Sumco Corporation, together with its subsidiaries, manufactures and sells silicon wafers for the semiconductor industry in Japan, North America, Asia, Europe, and internationally. It provides monocrystalli ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 00:02
End of Day Share Price2019/09/06 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.