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Fukui Computer HoldingsInc

OTCPK:FKCI.F
Snowflake Description

Flawless balance sheet with proven track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FKCI.F
OTCPK
¥42B
Market Cap
  1. Home
  2. US
  3. Software
Company description

Fukui Computer Holdings,Inc. primarily develops and sells software products in Japan. The last earnings update was 36 days ago. More info.


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FKCI.F Share Price and Events
7 Day Returns
0%
OTCPK:FKCI.F
2.5%
US Software
1.6%
US Market
1 Year Returns
-
OTCPK:FKCI.F
24.3%
US Software
3.2%
US Market
FKCI.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Fukui Computer HoldingsInc (FKCI.F) 0% 0% - - - -
US Software 2.5% 5.1% 18.3% 24.3% 108.3% 136.1%
US Market 1.6% 2.1% 12.8% 3.2% 38.6% 43.6%
1 Year Return vs Industry and Market
  • No trading data on FKCI.F.
  • No trading data on FKCI.F.
Price Volatility
FKCI.F
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Fukui Computer HoldingsInc's competitors could be found in our database.

Value

 Is Fukui Computer HoldingsInc 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 Fukui Computer HoldingsInc 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    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Fukui Computer HoldingsInc.

OTCPK:FKCI.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 9.2%
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:FKCI.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.139 (1 + (1- 30.86%) (0%))
1.093
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.093 * 5.96%)
9.25%

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

The calculations below outline how an intrinsic value for Fukui Computer HoldingsInc 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:FKCI.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 9.25%)
2019 2,560.00 Analyst x1 2,343.33
2020 2,650.00 Analyst x1 2,220.42
2021 2,730.54 Est @ 3.04% 2,094.27
2022 2,811.00 Est @ 2.95% 1,973.50
2023 2,892.00 Est @ 2.88% 1,858.53
2024 2,974.02 Est @ 2.84% 1,749.48
2025 3,057.42 Est @ 2.8% 1,646.32
2026 3,142.48 Est @ 2.78% 1,548.91
2027 3,229.42 Est @ 2.77% 1,457.04
2028 3,318.40 Est @ 2.76% 1,370.48
Present value of next 10 years cash flows ¥18,262.29
OTCPK:FKCI.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥3,318.40 × (1 + 2.73%) ÷ (9.25% – 2.73%)
¥52,316.88
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥52,316.88 ÷ (1 + 9.25%)10
¥21,606.50
OTCPK:FKCI.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥18,262.29 + ¥21,606.50
¥39,868.79
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥39,868.79 / 20.68
¥11.95
OTCPK:FKCI.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:FKCI.F represents 0.0062x of TSE:9790
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.0062x
Value per Share
(Listing Adjusted, USD)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 1,928.31 x 0.0062
$11.95
Value per share (USD) From above. $11.95
Current discount Discount to share price of $12.60
= -1 x ($12.60 - $11.95) / $11.95
-5.4%

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

  • The current share price of Fukui Computer HoldingsInc is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Fukui Computer HoldingsInc's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Fukui Computer HoldingsInc's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:FKCI.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in JPY ¥131.95
TSE:9790 Share Price ** TSE (2019-01-04) in JPY ¥2033
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 52.56x
United States of America Market PE Ratio Median Figure of 3,056 Publicly-Listed Companies 17.77x

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

** Primary Listing of Fukui Computer HoldingsInc.

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

= TSE:9790 Share Price ÷ EPS (both in JPY)

= 2033 ÷ 131.95

15.41x

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

  • Fukui Computer HoldingsInc is good value based on earnings compared to the US Software industry average.
  • Fukui Computer HoldingsInc is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Fukui Computer HoldingsInc's expected growth come at a high price?
Raw Data
OTCPK:FKCI.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.41x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
4.4%per year
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.58x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.41x ÷ 4.4%

3.47x

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

  • Fukui Computer HoldingsInc is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Fukui Computer HoldingsInc's assets?
Raw Data
OTCPK:FKCI.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in JPY ¥482.45
TSE:9790 Share Price * TSE (2019-01-04) in JPY ¥2033
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.72x
United States of America Market PB Ratio Median Figure of 5,154 Publicly-Listed Companies 1.89x
OTCPK:FKCI.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:9790 Share Price ÷ Book Value per Share (both in JPY)

= 2033 ÷ 482.45

4.21x

* Primary Listing of Fukui Computer HoldingsInc.

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

  • Fukui Computer HoldingsInc is good value based on assets compared to the US Software industry average.
X
Value checks
We assess Fukui Computer HoldingsInc'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 Software 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 Software industry average (and greater than 0)? (1 check)
  5. Fukui Computer HoldingsInc has a total score of 3/6, 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 Fukui Computer HoldingsInc 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
4.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Fukui Computer HoldingsInc expected to grow at an attractive rate?
  • Fukui Computer HoldingsInc's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Fukui Computer HoldingsInc's earnings growth is positive but not above the United States of America market average.
  • Fukui Computer HoldingsInc's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:FKCI.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:FKCI.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 4.4%
OTCPK:FKCI.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 3.9%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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:FKCI.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months 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:FKCI.F Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 12,110 2,971 2,905 2
2020-03-31 11,767 2,818 2,747 3
2019-03-31 11,247 2,741 2,573 3
OTCPK:FKCI.F Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2018-12-31 11,100 2,799
2018-09-30 10,821 2,871 2,595
2018-06-30 10,988 2,667
2018-03-31 10,902 2,707 2,423
2017-12-31 10,913 2,389
2017-09-30 10,486 2,596 2,204
2017-06-30 10,210 2,057
2017-03-31 9,970 2,729 2,009
2016-12-31 9,595 1,875
2016-09-30 9,352 2,111 1,782
2016-06-30 8,923 1,619
2016-03-31 8,718 1,848 1,482

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Fukui Computer HoldingsInc's earnings are expected to grow by 4.4% yearly, however this is not considered high growth (20% yearly).
  • Fukui Computer HoldingsInc's revenue is expected to grow by 3.9% yearly, however this is not considered high growth (20% yearly).
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:FKCI.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Fukui Computer HoldingsInc Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:FKCI.F Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 140.50 143.20 137.80 2.00
2020-03-31 132.84 142.20 123.33 3.00
2019-03-31 124.49 128.70 118.98 3.00
OTCPK:FKCI.F Past Financials Data
Date (Data in JPY Millions) EPS *
2018-12-31 131.95
2018-09-30 119.10
2018-06-30 119.26
2018-03-31 105.63
2017-12-31 103.98
2017-09-30 95.93
2017-06-30 89.53
2017-03-31 87.44
2016-12-31 81.61
2016-09-30 77.56
2016-06-30 70.47
2016-03-31 64.50

*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.
  • Unable to establish if Fukui Computer HoldingsInc will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Fukui Computer HoldingsInc'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.
Fukui Computer HoldingsInc has a total score of 1/6, 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 Fukui Computer HoldingsInc 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 Fukui Computer HoldingsInc's growth in the last year to its industry (Software).
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.
  • Fukui Computer HoldingsInc's year on year earnings growth rate has been positive over the past 5 years.
  • Fukui Computer HoldingsInc's 1-year earnings growth is less than its 5-year average (17.2% vs 18.3%)
  • Fukui Computer HoldingsInc's earnings growth has not exceeded the US Software industry average in the past year (17.2% vs 32.7%).
Earnings and Revenue History
Fukui Computer HoldingsInc'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 Fukui Computer HoldingsInc Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:FKCI.F Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 11,100.00 2,799.00 4,305.00 696.00
2018-09-30 10,821.00 2,595.00 4,285.00 696.00
2018-06-30 10,988.00 2,667.00 4,316.00 696.00
2018-03-31 10,902.00 2,423.00 4,319.00 696.00
2017-12-31 10,913.00 2,389.00 4,210.00 838.00
2017-09-30 10,486.00 2,204.00 4,144.00 838.00
2017-06-30 10,210.00 2,057.00 4,090.00 838.00
2017-03-31 9,970.00 2,009.00 4,116.00 838.00
2016-12-31 9,595.00 1,875.00 3,965.00 908.00
2016-09-30 9,352.00 1,782.00 3,974.00 908.00
2016-06-30 8,923.00 1,619.00 3,980.00 908.00
2016-03-31 8,718.00 1,482.00 3,975.00 908.00
2015-12-31 8,743.00 1,444.00 4,046.00 879.00
2015-09-30 8,820.00 1,465.00 4,012.00 879.00
2015-06-30 8,761.00 1,392.00 3,977.00 879.00
2015-03-31 8,600.00 1,326.00 3,920.00 879.00
2014-12-31 8,947.00 1,402.00 4,034.00 817.00
2014-09-30 8,846.00 1,305.00 3,971.00 817.00
2014-06-30 8,858.00 1,314.00 3,963.00 817.00
2014-03-31 8,768.00 1,275.00 3,936.00 817.00
2013-12-31 8,177.00 1,071.00 3,922.00 699.00
2013-09-30 8,161.00 1,064.00 3,967.00 699.00
2013-06-30 7,821.00 932.00 3,959.00 699.00
2013-03-31 7,570.00 798.00 3,995.00 699.00
2012-12-31 7,572.00 822.00 4,045.00 706.00
2012-09-30 7,290.00 662.00 4,098.00 706.00
2012-06-30 7,245.00 559.00 4,216.00 706.00
2012-03-31 7,236.00 543.00 4,214.00 706.00

*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.
  • Fukui Computer HoldingsInc has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Fukui Computer HoldingsInc used its assets more efficiently than the US Software industry average last year based on Return on Assets.
  • Fukui Computer HoldingsInc has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Fukui Computer HoldingsInc'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 Software 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.
Fukui Computer HoldingsInc has a total score of 4/6, 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 Fukui Computer HoldingsInc'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 Fukui Computer HoldingsInc's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Fukui Computer HoldingsInc is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Fukui Computer HoldingsInc's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Fukui Computer HoldingsInc'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.
  • Low level of unsold assets.
  • Fukui Computer HoldingsInc has no debt, it does not need to be covered by short term assets.
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 Fukui Computer HoldingsInc Company Filings, last reported 2 months ago.

OTCPK:FKCI.F Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 9,975.00 0.00 7,248.00
2018-09-30 9,436.00 0.00 6,770.00
2018-06-30 8,734.00 0.00 5,233.00
2018-03-31 8,759.00 0.00 6,269.00
2017-12-31 13,552.00 0.00 10,632.00
2017-09-30 12,967.00 0.00 10,070.00
2017-06-30 12,280.00 0.00 8,960.00
2017-03-31 12,244.00 0.00 9,740.00
2016-12-31 11,599.00 0.00 8,776.00
2016-09-30 11,161.00 0.00 8,187.00
2016-06-30 10,578.00 0.00 7,231.00
2016-03-31 10,798.00 0.00 7,559.00
2015-12-31 10,372.00 0.00 6,858.00
2015-09-30 10,009.00 0.00 6,583.00
2015-06-30 9,502.00 0.00 5,932.00
2015-03-31 9,477.00 0.00 6,088.00
2014-12-31 9,042.00 0.00 5,223.00
2014-09-30 8,707.00 0.00 5,032.00
2014-06-30 8,285.00 0.00 4,414.00
2014-03-31 8,242.00 0.00 4,452.00
2013-12-31 7,666.00 0.00 3,796.00
2013-09-30 7,396.00 0.00 3,699.00
2013-06-30 6,977.00 0.00 3,261.00
2013-03-31 6,944.00 0.00 3,778.00
2012-12-31 6,553.00 0.00 3,425.00
2012-09-30 6,266.00 0.00 3,300.00
2012-06-30 6,063.00 0.00 3,118.00
2012-03-31 6,175.00 0.00 3,122.00
  • Fukui Computer HoldingsInc has no debt.
  • Fukui Computer HoldingsInc has not taken on any debt in the past 5 years.
  • Fukui Computer HoldingsInc has no debt, it does not need to be covered by operating cash flow.
  • Fukui Computer HoldingsInc has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Fukui Computer HoldingsInc'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. Fukui Computer HoldingsInc has a total score of 6/6, 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 Fukui Computer HoldingsInc'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
1.72%
Current annual income from Fukui Computer HoldingsInc dividends. Estimated to be 1.75% next year.
If you bought $2,000 of Fukui Computer HoldingsInc shares you are expected to receive $34 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?
  • Fukui Computer HoldingsInc's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Fukui Computer HoldingsInc's dividend is below the markets top 25% of dividend payers in United States of America (3.63%).
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:FKCI.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 Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 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:FKCI.F Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 36.00 2.00
2020-03-31 36.00 3.00
2019-03-31 35.00 3.00
OTCPK:FKCI.F Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2018-06-25 35.000 1.920
2018-05-11 35.000 1.784
2017-06-19 28.000 0.954
2017-05-12 28.000 0.812
2016-06-20 20.000 0.813
2016-05-13 20.000 1.276
2015-06-22 15.000 1.479
2015-05-11 15.000 2.033
2014-11-10 12.500 1.612
2014-06-23 12.500 2.004
2014-05-12 12.500 3.024
2014-02-10 12.500 2.912
2013-06-24 10.000 2.623
2013-05-10 10.000 3.005
2012-08-07 10.000 3.920
2012-06-25 10.000 4.782
2012-05-10 10.000 5.010
2012-02-14 7.500 3.533
2011-11-14 7.500 4.167
2011-08-08 7.500 4.267
2011-06-27 7.500 3.819
2011-05-09 7.500 3.599
2011-02-10 5.000 2.338
2010-11-12 5.000 2.392
2010-06-28 5.000 2.781
2010-05-13 5.000 3.224
2010-02-10 2.500 1.568
2009-11-12 2.500 1.687
2009-08-06 2.500 1.620
2009-06-29 2.500 1.598
2009-05-15 2.500 1.707
2009-03-23 0.000 0.000

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 Fukui Computer HoldingsInc's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.1x 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 Fukui Computer HoldingsInc'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 Fukui Computer HoldingsInc afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Fukui Computer HoldingsInc 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 Fukui Computer HoldingsInc'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
Masaru Fukino
AGE 62
TENURE AS CEO 6.8 years
CEO Bio

Mr. Masaru Fukino has been the President at Fukui Computer Holdings, Inc. ( alternate name Fukui Computer Inc). since June 2012 and served as Chief Executive Officer. Mr. Fukino served as Senior Managing Director and Manager of General Affairs Department at Fukui Computer Inc. since April 2008 and its General Manager of Administration Division since April 1999. Mr. Fukino joined Fukui Computer, Inc. in July 1989 and served as its Executive Officer since June 2000, Managing Director since April 2004 and its Director since June 2001. He has been a Representative Director at Fukui Computer Holdings, Inc. since June 2012.and Representative Director

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

Masaru Fukino

TITLE
President and Representative Director
AGE
62
TENURE
6.8 yrs

Katsuyuki Kataoka

TITLE
Manager of Operations Division and Director
AGE
54

Hidenori Yasui

TITLE
Senior Managing Director and General Manager of Development Division
AGE
59
TENURE
18.7 yrs

Akira Hashimoto

TITLE
Director of Business Development and General Manager of Cs/Crm Division
AGE
54

Fujinobu Kojima

TITLE
Director of Sales Promotion
AGE
59

Youji Furukawa

TITLE
Executive Officer
Board of Directors Tenure

Average tenure and age of the Fukui Computer HoldingsInc board of directors in years:

6.8
Average Tenure
57
Average Age
  • The tenure for the Fukui Computer HoldingsInc board of directors is about average.
Board of Directors

Makoto Hori

TITLE
Chairman of the Board of Directors
AGE
81
TENURE
6.8 yrs

Masaru Fukino

TITLE
President and Representative Director
AGE
62
TENURE
6.8 yrs

Katsuyuki Kataoka

TITLE
Manager of Operations Division and Director
AGE
54
TENURE
2.8 yrs

Harukatsu Hayashi

TITLE
Director
AGE
57
TENURE
8.8 yrs

Seichiro Hori

TITLE
Outside Director
AGE
53
TENURE
8.2 yrs

Katsunori Morita

TITLE
Director
AGE
64
TENURE
2.8 yrs

Haruki Ikuta

TITLE
Director
AGE
42
TENURE
2.8 yrs

Sho Nishikawa

TITLE
External Auditor
AGE
61
TENURE
7.8 yrs

Hiroshi Iga

TITLE
External Auditor
AGE
45
TENURE
6.8 yrs

Keiji Kobayashi

TITLE
Full-Time Auditor
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 Fukui Computer HoldingsInc'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. Fukui Computer HoldingsInc 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

Fukui Computer Holdings,Inc. primarily develops and sells software products in Japan. The company offers ARCHITREND series, a 3D construction CAD system; BLUETREND XA, a surveying and designing, land house research professional work, and civil engineering management system; EX - TREND Musashi for civil engineering and construction industry; and EX - TREND government administration series, an electronic delivery management system. It also operates 3D catalog site that enables to view building materials and housing equipment for new construction and renovation in 3D data. The company was formerly known as Fukui Computer, Inc. and changed its name to Fukui Computer Holdings,Inc. in July 2012. Fukui Computer Holdings,Inc. was founded in 1954 and is headquartered in Fukui, Japan.

Details
Name: Fukui Computer Holdings,Inc.
FKCI.F
Exchange: OTCPK
Founded: 1954
¥377,523,079
20,675,563
Website: http://www1.fukuicompu.co.jp
Address: Fukui Computer Holdings,Inc.
Takaki Chuo 1-2501,
Fukui,
Fukui, 910-8521,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 9790 Common Shares The Tokyo Stock Exchange JP JPY 05. Sep 1995
OTCPK FKCI.F Common Shares Pink Sheets LLC US USD 05. Sep 1995
Number of employees
Current staff
Staff numbers
488
Fukui Computer HoldingsInc employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:07
End of day share price update: 2019/01/04 00:00
Last estimates confirmation: 2019/03/14
Last earnings filing: 2019/02/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


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.