OTCPK:WACM.Y

Stock Analysis Report

Executive Summary

Wacom Co., Ltd. develops, manufactures, and markets user interface solutions.

Snowflake

Fundamentals

Adequate balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

n/a

WACM.Y

1.5%

US Tech

0.9%

US Market


1 Year Return

n/a

WACM.Y

47.3%

US Tech

16.8%

US Market

Return vs Industry: Insufficient data to determine how WACM.Y performed against the US Tech industry.

Return vs Market: Insufficient data to determine how WACM.Y performed against the US Market.


Shareholder returns

WACM.YIndustryMarket
7 Dayn/a1.5%0.9%
30 Dayn/a11.9%4.5%
90 Dayn/a24.4%6.2%
1 Yearn/a49.7%47.3%19.4%16.8%
3 Yearn/a132.4%114.1%47.5%38.0%
5 Yearn/a123.0%100.6%62.0%44.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

17.5x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate WACM.Y's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate WACM.Y's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: WACM.Y is good value based on its PE Ratio (17.5x) compared to the Tech industry average (22.3x).

PE vs Market: WACM.Y is good value based on its PE Ratio (17.5x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: WACM.Y is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: WACM.Y is overvalued based on its PB Ratio (2.8x) compared to the US Tech industry average (1.6x).


Next Steps

Future Growth

How is Wacom forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

19.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WACM.Y's forecast earnings growth (19.3% per year) is above the savings rate (2.7%).

Earnings vs Market: WACM.Y's earnings (19.3% per year) are forecast to grow faster than the US market (14.4% per year).

High Growth Earnings: WACM.Y's earnings are forecast to grow, but not significantly.

Revenue vs Market: WACM.Y's revenue (5.8% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: WACM.Y's revenue (5.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WACM.Y's Return on Equity is forecast to be low in 3 years time (19.5%).


Next Steps

Past Performance

How has Wacom performed over the past 5 years?

-6.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WACM.Y has high quality earnings.

Growing Profit Margin: WACM.Y's current net profit margins (4.5%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: WACM.Y's earnings have declined by -6.2% per year over the past 5 years.

Accelerating Growth: WACM.Y's earnings growth over the past year (53.3%) exceeds its 5-year average (-6.2% per year).

Earnings vs Industry: WACM.Y earnings growth over the past year (53.3%) underperformed the Tech industry 69.2%.


Return on Equity

High ROE: WACM.Y's Return on Equity (15.7%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Wacom's financial position?


Financial Position Analysis

Short Term Liabilities: WACM.Y's short term assets (¥50.2B) exceeds its short term liabilities (¥23.1B)

Long Term Liabilities: WACM.Y's short term assets (¥50.2B) exceeds its long term liabilities (11.8B)


Debt to Equity History and Analysis

Debt Level: WACM.Y's debt to equity ratio (42.3%) is considered high.

Reducing Debt: WACM.Y's debt to equity ratio has increased from 8.3% to 42.3% over the past 5 years.

Debt Coverage: WACM.Y's debt is well covered by operating cash flow (64.7%).

Interest Coverage: WACM.Y earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: WACM.Y has a high level of physical assets or inventory.

Debt Coverage by Assets: WACM.Y's debt is covered by short term assets (assets are 4.6x debt).


Next Steps

Dividend

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

1.48%

Current Dividend Yield


Dividend Yield vs Market

company1.5%marketbottom25%1.4%markettop25%3.7%industryaverage1.3%forecastin3Years2.4%

Current dividend yield vs market & industry

Notable Dividend: WACM.Y's dividend (1.48%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: WACM.Y's dividend (1.48%) is low compared to the top 25% of dividend payers in the US market (3.68%).


Stability and Growth of Payments

Stable Dividend: WACM.Y's dividend payments have been volatile in the past 10 years.

Growing Dividend: WACM.Y's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.9%), WACM.Y's dividend payments are 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.


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

Nobu Ide (49yo)

1.6yrs

Tenure

0

Mr. Nobutaka Ide, also known as Nobu, is President & Chief Executive Officer of Wacom Co., Ltd. since April 02, 2018 and has been its Director since June 23, 2017 and also served as its Executive Vice Pres ...


Management Age and Tenure

2.6yrs

Average Tenure

54yo

Average Age

Experienced Management: WACM.Y's management team is considered experienced (2.6 years average tenure).


Board Age and Tenure

1.9yrs

Average Tenure

57.5yo

Average Age

Experienced Board: WACM.Y's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


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

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Sadao Yamamoto (58yo)

    Senior VP

    • Tenure: 20.4yrs
  • Hartmut Woerrlein

    Senior Vice President of Global Product Management Creative BU

    • Tenure: 4.6yrs
  • Tom Lam

    Executive Vice President of China Operation

    • Tenure: 0yrs
  • Masaaki Konoo

    Vice President of Investor Relations

    • Tenure: 0yrs
  • Ed Neumann

    Senior Vice President

    • Tenure: 4yrs
  • Nobu Ide (49yo)

    CEO, President & Executive Director

    • Tenure: 1.6yrs
  • Yuichi Inada

    Executive Vice President of Engineering

    • Tenure: 2.6yrs
  • Yukio Usuda (51yo)

    Executive VP of Corporate Strategy & Executive Director

    • Tenure: 2.4yrs
  • Faik Karaoglu

    Executive Vice President of Creative BU

    • Tenure: 2yrs
  • Yoichi Machida (57yo)

    Executive VP

    • Tenure: 1.4yrs

Board Members

  • Osamu Hosokubo (58yo)

    Independent Outside Director

    • Tenure: 0.4yrs
  • Sadao Yamamoto (58yo)

    Senior VP

    • Tenure: 20.4yrs
  • Takashi Kamura (69yo)

    Independent Outside Director

    • Tenure: 4.4yrs
  • Nobu Ide (49yo)

    CEO, President & Executive Director

    • Tenure: 1.6yrs
  • Yukio Usuda (51yo)

    Executive VP of Corporate Strategy & Executive Director

    • Tenure: 2.4yrs
  • Yoichi Machida (57yo)

    Executive VP

    • Tenure: 1.4yrs
  • Ken Inazumi (45yo)

    Outside Director

    • Tenure: 1.4yrs
  • Shigeki Higashiyama (61yo)

    Outside Director

    • Tenure: 1.4yrs

Company Information

Wacom Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wacom Co., Ltd.
  • Ticker: WACM.Y
  • Exchange: OTCPK
  • Founded: 1983
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: JP¥71.467b
  • Listing Market Cap: JP¥658.664m
  • Shares outstanding: 162.43m
  • Website: https://www.wacom.co.jp

Number of Employees


Location

  • Wacom Co., Ltd.
  • 2-510-1 Toyonodai
  • Kazo
  • Saitama
  • 349-1148
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6727TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYApr 2003
WACM.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 2003
11WDB (Deutsche Boerse AG)YesCommon StockDEEURApr 2003
WACM.YOTCPK (Pink Sheets LLC)ADRUSUSDOct 2013

Biography

Wacom Co., Ltd. develops, manufactures, and markets user interface solutions. It operates in Branded Business and Technology Solution Business segments. The company offers pen computers, such as MobileStud ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/20 00:36
End of Day Share Price2019/11/12 00:00
Earnings2019/09/30
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.