Konica Minolta, Inc. engages in Office, professional print, healthcare, and industrial businesses in Japan, the United States, European countries, China, other Asian countries, and internationally.
Moderate growth potential second-rate dividend payer.
Share Price & News
How has Konica Minolta's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KNCA.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how KNCA.F performed against the US Tech industry.
Return vs Market: Insufficient data to determine how KNCA.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Konica Minolta's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Konica Minolta undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KNCA.F ($6.09) is trading above our estimate of fair value ($3.71)
Significantly Below Fair Value: KNCA.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KNCA.F is poor value based on its PE Ratio (29.7x) compared to the Tech industry average (18.9x).
PE vs Market: KNCA.F is poor value based on its PE Ratio (29.7x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: KNCA.F is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: KNCA.F is good value based on its PB Ratio (0.6x) compared to the US Tech industry average (1.8x).
How is Konica Minolta forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KNCA.F's forecast earnings growth (33.9% per year) is above the savings rate (1.7%).
Earnings vs Market: KNCA.F's earnings (33.9% per year) are forecast to grow faster than the US market (13% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KNCA.F's revenue (2.2% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: KNCA.F's revenue (2.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KNCA.F's Return on Equity is forecast to be low in 3 years time (5.7%).
How has Konica Minolta performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KNCA.F has a large one-off gain of ¥12.7B impacting its December 31 2019 financial results.
Growing Profit Margin: KNCA.F's current net profit margins (1%) are lower than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: KNCA.F's earnings have declined by -5.5% per year over the past 5 years.
Accelerating Growth: KNCA.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: KNCA.F had negative earnings growth (-78.6%) over the past year, making it difficult to compare to the Tech industry average (-3.2%).
Return on Equity
High ROE: KNCA.F's Return on Equity (1.9%) is considered low.
How is Konica Minolta's financial position?
Financial Position Analysis
Short Term Liabilities: KNCA.F's short term assets (¥567.2B) exceed its short term liabilities (¥312.2B).
Long Term Liabilities: KNCA.F's short term assets (¥567.2B) exceed its long term liabilities (¥448.4B).
Debt to Equity History and Analysis
Debt Level: KNCA.F's debt to equity ratio (52.9%) is considered high.
Reducing Debt: KNCA.F's debt to equity ratio has increased from 34% to 52.9% over the past 5 years.
Debt Coverage: KNCA.F's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: KNCA.F's interest payments on its debt are not well covered by EBIT (2x coverage).
Inventory Level: KNCA.F has a high level of physical assets or inventory.
Debt Coverage by Assets: KNCA.F's debt is covered by short term assets (assets are 2x debt).
What is Konica Minolta's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KNCA.F's dividend (4.93%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: KNCA.F's dividend (4.93%) is in the top 25% of dividend payers in the US market (4.09%)
Stability and Growth of Payments
Stable Dividend: KNCA.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: KNCA.F's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (146.4%), KNCA.F's dividend payments are not 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shoei Yamana (65yo)
Mr. Shoei Yamana has been the Chief Executive Officer, President and Representative Executive Officer of Konica Minolta, Inc. since April 1, 2014. Mr. Yamana is the Vice President of Strategic and Business ...
CEO Compensation Analysis
Compensation vs Market: Shoei's total compensation ($USD1.22M) is below average for companies of similar size in the US market ($USD5.04M).
Compensation vs Earnings: Shoei's compensation has been consistent with company performance over the past year.
|Executive Officer||3.8yrs||JP¥180.00m||no data|
|Executive Officer & GM of Legal Division||0yrs||no data||0.0016% ¥44.3k|
|Senior Executive Officer||1.7yrs||no data||0.0038% ¥105.0k|
|Senior Executive Officer||5.8yrs||no data||0.0034% ¥94.1k|
|Executive Officer||5.8yrs||no data||0.0057% ¥154.8k|
|Senior Executive Officer & Director||5.7yrs||no data||0.0032% ¥88.3k|
|Senior Executive Officer||1.8yrs||no data||0.0036% ¥99.5k|
|Senior Executive Officer & Division President of Industrial Optical System Business Headquarters||0yrs||no data||0.0018% ¥49.8k|
|Senior Exec. Officer||4.8yrs||no data||0.0018% ¥49.8k|
Experienced Management: KNCA.F's management team is seasoned and experienced (5.3 years average tenure).
|Senior Executive Officer & Director||5.7yrs||no data||0.0032% ¥88.3k|
|Senior Exec. Officer||1.7yrs||no data||0.0024% ¥66.4k|
|Senior Executive Officer||0.7yrs||no data||0.0018% ¥49.8k|
|Outside Director||2.7yrs||no data||no data|
|Outside Director||1.7yrs||no data||no data|
|Chairman of the Board||5.8yrs||no data||0.019% ¥525.0k|
|Outside Director||3.7yrs||no data||0.0016% ¥44.3k|
|Director||0.7yrs||no data||0.0020% ¥55.2k|
|Director||1.7yrs||no data||0.0042% ¥115.9k|
Experienced Board: KNCA.F's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Konica Minolta, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Konica Minolta, Inc.
- Ticker: KNCA.F
- Exchange: OTCPK
- Founded: 1873
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: JP¥300.853b
- Listing Market Cap: JP¥2.734b
- Shares outstanding: 494.82m
- Website: https://www.konicaminolta.com
Number of Employees
- Konica Minolta, Inc.
- JP Tower
- 2-7-2 Marunouchi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KNCA.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jan 1992|
|4902||TSE (The Tokyo Stock Exchange)||Yes||Common Stock||JP||JPY||Jan 1992|
|KPI1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1992|
|KNCA.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Oct 2008|
Konica Minolta, Inc. engages in Office, professional print, healthcare, and industrial businesses in Japan, the United States, European countries, China, other Asian countries, and internationally. The company develops, manufactures, and sells multi-functional peripherals, laser printers, filing devices, software and peripheral devices, digital color printing systems, digital monochrome printing systems, inkjet print heads, inkjet textile printers, and inkjet inks, as well as print and cloud services. It also offers healthcare systems, such as diagnostic ultrasound systems, digital X-ray diagnostic imaging systems, digital mammography systems, and medical imaging filling systems, as well as medical management ICT services. In addition, the company provides measuring instruments, including colorimeters, luminance meters, spectrophotometers, and photovoltaic reference cells; TAC films for liquid crystal displays; organic light emitting diode lighting products; lenses for industrial and professional use; and functional films. Further, it manages and operates planetarium facilities. Konica Minolta, Inc. was founded in 1873 and is headquartered in Tokyo, Japan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 00:53|
|End of Day Share Price||2020/02/19 00:00|
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.