OTCPK:SNCP.F

Stock Analysis Report

Executive Summary

Sun Corporation engages in mobile data solutions, entertainment, and other businesses in Japan.

Snowflake

Fundamentals

Adequate balance sheet second-rate dividend payer.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

SNCP.F

3.8%

US Tech

1.3%

US Market


1 Year Return

n/a

SNCP.F

7.6%

US Tech

5.9%

US Market


Shareholder returns

SNCP.FIndustryMarket
7 Day0%3.8%1.3%
30 Day0%6.5%-1.9%
90 Day0%14.0%-1.8%
1 Yearn/a9.4%7.6%8.3%5.9%
3 Yearn/a100.1%84.8%45.6%36.2%
5 Yearn/a131.8%108.1%66.1%47.9%

Price Volatility Vs. Market

How volatile is Sun's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sun undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: SNCP.F ($7.48) is trading below our estimate of fair value ($18.22)

Significantly Undervalued: SNCP.F is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SNCP.F is unprofitable, so we can't compare its PE Ratio to the Tech industry average.

PE vs Market: SNCP.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate SNCP.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SNCP.F is overvalued based on its PB Ratio (2.3x) compared to the US Tech industry average (1.6x).


Next Steps

Future Growth

How is Sun forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.6%

Forecasted Tech industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if SNCP.F's forecast earnings growth is above the savings rate (2.7%).

Earnings vs Market: Insufficient data to determine if SNCP.F's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if SNCP.F's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if SNCP.F's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Sun performed over the past 5 years?

-67.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SNCP.F is unprofitable, and losses have increased over the past 5 years at a rate of -67.5% per year.

Accelerating Growth: Unable to compare SNCP.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SNCP.F is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (64%).


Return on Equity

High ROE: SNCP.F has a negative Return on Equity (-9.08%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: SNCP.F is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: SNCP.F is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Sun's financial position?


Financial Position Analysis

Short Term Liabilities: SNCP.F's short term assets (¥22.6B) exceeds its short term liabilities (¥16.3B)

Long Term Liabilities: SNCP.F's short term assets (22.6B) exceeds its long term liabilities (433.0M)


Debt to Equity History and Analysis

Debt Level: SNCP.F's debt to equity ratio (39.3%) is considered satisfactory

Reducing Debt: SNCP.F's debt to equity ratio has increased from 7.6% to 39.3% over the past 5 years.

Debt Coverage: SNCP.F's debt is well covered by operating cash flow (81.6%).

Interest Coverage: Insufficient data to determine if SNCP.F's interest payments on its debt are well covered by EBIT.


Balance Sheet

Information is not available.

Information is not available.


Next Steps

Dividend

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

1.94%

Current Dividend Yield


Dividend Yield vs Market

company1.9%marketbottom25%1.5%markettop25%3.8%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: SNCP.F's dividend (1.95%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: SNCP.F's dividend (1.95%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: SNCP.F's dividends per share have been stable in the past 10 years.

Growing Dividend: SNCP.F's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: SNCP.F is paying a dividend but the company is unprofitable.


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

What is the CEO of Sun's salary, the management and board of directors tenure and is there insider trading?

3.9yrs

Average board tenure


CEO

Masanori Yamaguchi (82yo)

0yrs

Tenure

0

Mr. Masanori Yamaguchi serves as the Chief Executive Officer of Sun Corporation. Mr. Yamaguchi served as Senior Managing Director and has been President at Sun Corporation since June 2013. He served as the ...


Board Age and Tenure

3.9yrs

Average Tenure

65.5yo

Average Age

Experienced Board: SNCP.F's board of directors are considered experienced (3.9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Masanori Yamaguchi (82yo)

    CEO, President

    • Tenure: 0yrs
  • Katsuhisa Kamegai (59yo)

    Executive Officer and Director

    • Tenure: 9.9yrs
  • Sakae Yamagishi

    Executive Officer

    • Tenure: 1.9yrs
  • Yasushi Yamamoto (47yo)

    Manager of Accounting Department and Director

    • Tenure: 5.9yrs
  • Yasushi Muto

    Executive Officer and Manager of Overall Product Department

    • Tenure: 0yrs
  • Daisuke Nakahara

    Executive Officer and Manager of Suntac Business Department

    • Tenure: 0yrs

Board Members

  • Masanori Yamaguchi (82yo)

    CEO, President

    • Tenure: 0yrs
  • Masahito Sano (65yo)

    Director

    • Tenure: 5.9yrs
  • Katsuhisa Kamegai (59yo)

    Executive Officer and Director

    • Tenure: 9.9yrs
  • Sakae Yamagishi

    Executive Officer

    • Tenure: 1.9yrs
  • Mitsuharu Kitajima

    Director

    • Tenure: 2.9yrs
  • Akira Okajima (70yo)

    External Director

    • Tenure: 2.9yrs
  • Yasushi Yamamoto (47yo)

    Manager of Accounting Department and Director

    • Tenure: 5.9yrs
  • Yutaka Miyata (66yo)

    External Director

    • Tenure: 3.9yrs
  • Naoyuki Iribe

    Director

    • Tenure: 0.9yrs

Company Information

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


Key Information

  • Name: Sun Corporation
  • Ticker: SNCP.F
  • Exchange: OTCPK
  • Founded: 1971
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: JP¥23.218b
  • Listing Market Cap: JP¥212.442m
  • Shares outstanding: 22.59m
  • Website: https://www.sun-denshi.co.jp

Number of Employees


Location

  • Sun Corporation
  • Global Gate
  • 20Th Floor
  • Nagoya
  • Aichi
  • 453-6120
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6736JASDAQ (TSE JASDAQ)YesCommon SharesJPJPYMar 2002
SNCP.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2002

Biography

Sun Corporation engages in the information and communication, and entertainment businesses in Japan. It develops mobile forensic hardware and software products, comprising UFED Touch2 that enables extracti ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/05/26 00:11
End of Day Share Price2019/02/25 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.