FNOE.F Stock Overview

Engages in the manufacture and sale of marine and industrial electronics equipment, wireless LAN system, and handy terminals in Japan, the Americas, Europe, rest of Asia, and internationally. More details

FNOE.F fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	1/6
Past Performance	4/6
Financial Health	5/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (19.7x) is below the Electronic industry average (20.1x)

Earnings are forecast to grow 13.71% per year

Earnings grew by 105.1% over the past year

Risk Analysis

Shares are highly illiquid

Dividend of 2.34% is not well covered by cash flows

My Notes

Capture your thoughts, links and company narrative

Furuno Electric Co., Ltd. Competitors

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Price History & Performance

Summary of share price highs, lows and changes for Furuno Electric
Historical stock prices
Current Share Price	JP¥9.72
52 Week High	JP¥9.72
52 Week Low	JP¥7.30
Beta	0.28
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	33.15%

Recent updates

Shareholder Returns

	FNOE.F	US Electronic	US Market
7D	0%	-3.8%	-2.2%
1Y	n/a	18.0%	23.9%

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

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

Price Volatility

Is FNOE.F's price volatile compared to industry and market?
FNOE.F volatility
FNOE.F Average Weekly Movement	n/a
Electronic Industry Average Movement	6.4%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: Insufficient data to determine FNOE.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1938	3,310	Yukio Furuno	www.furuno.co.jp

Furuno Electric Co., Ltd. engages in the manufacture and sale of marine and industrial electronics equipment, wireless LAN system, and handy terminals in Japan, the Americas, Europe, rest of Asia, and internationally. Its marine business offers radars, AIS and ECDIS systems, and satellite communication equipment for merchant vessels; fish finders, scanning sonars, and radiotelephones for fishing vessels; and network-capable and multi-function navigation systems, as well as GPS and chart plotters, fish finders, and autopilot systems for sport fishing boats, sailboats, and yachts. The company’s industrial business provides automotive ETC2.0/ETC systems, dedicated short range communication systems, GPS receivers, and GPS disciplined oscillators for PNT; medical equipment devices, such as clinical chemical analyzers and ultrasound bone densitometers for healthcare industry; and wireless LAN access points and wireless handheld terminals, as well as offers electromagnetic environment testing services.

Furuno Electric Co., Ltd. Fundamentals Summary

How do Furuno Electric's earnings and revenue compare to its market cap?
FNOE.F fundamental statistics
Market cap	US$417.07m
Earnings (TTM)	US$21.50m
Revenue (TTM)	US$701.86m

19.7x

P/E Ratio

0.6x

P/S Ratio

Is FNOE.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FNOE.F income statement (TTM)
Revenue	JP¥100.92b
Cost of Revenue	JP¥62.36b
Gross Profit	JP¥38.56b
Other Expenses	JP¥35.47b
Earnings	JP¥3.09b

Last Reported Earnings

Aug 31, 2023

Next Earnings Date

Jan 16, 2024

Earnings per share (EPS)	97.93
Gross Margin	38.21%
Net Profit Margin	3.06%
Debt/Equity Ratio	29.2%

How did FNOE.F perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

15%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/01/09 01:43
End of Day Share Price	2023/10/12 00:00
Earnings	2023/08/31
Annual Earnings	2023/02/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Furuno Electric Co., Ltd. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Company Forecast
null null	Daiwa Securities Co. Ltd.
Koichi Hariya	Ichiyoshi Research Institute Inc.

Furuno Electric OTCPK:FNOE.F Stock Report