Reported Earnings • Aug 09
First quarter 2027 earnings released: EPS: JP¥26.14 (vs JP¥24.63 in 1Q 2026) First quarter 2027 results: EPS: JP¥26.14 (up from JP¥24.63 in 1Q 2026). Revenue: JP¥182.2b (up 4.6% from 1Q 2026). Net income: JP¥7.11b (up 3.1% from 1Q 2026). Profit margin: 3.9% (down from 4.0% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 26
Final dividend of JP¥26.00 announced Shareholders will receive a dividend of JP¥26.00. Ex-date: 29th September 2026 Payment date: 8th December 2026 Dividend yield will be 315%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 26% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Jul 02
Penta-Ocean Construction Co., Ltd. to Report Q1, 2027 Results on Aug 07, 2026 Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026 Buy Or Sell Opportunity • Jun 15
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 1.5% to €9.85. The fair value is estimated to be €7.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 5.2% per annum over the same time period. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €9.85, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Construction industry in Europe. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.94 per share. New Risk • Jun 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks High level of debt (62% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Buy Or Sell Opportunity • May 25
Now 25% overvalued Over the last 90 days, the stock has fallen 14% to €9.55. The fair value is estimated to be €7.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 4.8% per annum over the same time period. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hiroshi Hayashida was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jan 08
Penta-Ocean Construction Co., Ltd. to Report Q3, 2026 Results on Feb 09, 2026 Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2026 results on Feb 09, 2026 Declared Dividend • Dec 30
First half dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 201%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hiroshi Hayashida was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Nov 09
Penta-Ocean Construction Co., Ltd. (TSE:1893) announces an Equity Buyback for 4,500,000 shares, representing 1.63% for ¥5,000 million. Penta-Ocean Construction Co., Ltd. (TSE:1893) announces a share repurchase program. Under the program, the company will repurchase up to 4,500,000 shares, representing 1.63% of its issued share capital (excluding treasury stock), for a total purchase price of ¥5,000 million. The purpose of the program is to strengthen the management base for the future by strengthening the capital, improve profitability and increase the corporate value by investing in growth, such as in technological development and capital investment, and to provide continuous and stable dividends to shareholders, as well as to enhance shareholder returns and improve capital efficiency. The program will continue through March 31, 2025. As of September 30, 2025, the company had 276,240,794 issued shares (excluding treasury stock) and 9,773,116 treasury shares. Duyuru • Oct 08
Penta-Ocean Construction Co., Ltd. to Report Q2, 2026 Results on Nov 07, 2025 Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025 Duyuru • Jul 08
Penta-Ocean Construction Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Duyuru • May 09
Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2025 Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2025. Duyuru • Apr 05
Penta-Ocean Construction Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025 Penta-Ocean Construction Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025 Duyuru • Mar 24
Penta-Ocean Construction Co., Ltd.(TSE:1893) dropped from FTSE All-World Index (USD) Penta-Ocean Construction Co., Ltd.(TSE:1893) dropped from FTSE All-World Index (USD) Duyuru • Jan 17
Penta-Ocean Construction Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥16.53 (vs JP¥14.13 in 2Q 2024) Second quarter 2025 results: EPS: JP¥16.53 (up from JP¥14.13 in 2Q 2024). Revenue: JP¥173.7b (up 15% from 2Q 2024). Net income: JP¥4.66b (up 16% from 2Q 2024). Profit margin: 2.7% (in line with 2Q 2024). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Duyuru • Oct 06
Penta-Ocean Construction Co., Ltd. to Report Q2, 2025 Results on Nov 07, 2024 Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2025 results on Nov 07, 2024 Reported Earnings • Aug 08
First quarter 2025 earnings released: EPS: JP¥18.40 (vs JP¥16.75 in 1Q 2024) First quarter 2025 results: EPS: JP¥18.40 (up from JP¥16.75 in 1Q 2024). Revenue: JP¥154.3b (up 21% from 1Q 2024). Net income: JP¥5.22b (up 9.3% from 1Q 2024). Profit margin: 3.4% (down from 3.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Duyuru • Jul 05
Penta-Ocean Construction Co., Ltd. to Report Q1, 2025 Results on Aug 06, 2024 Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024 Valuation Update With 7 Day Price Move • May 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €3.80, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Construction industry in Europe. Total loss to shareholders of 28% over the past three years. Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥62.72 (vs JP¥2.40 in FY 2023) Full year 2024 results: EPS: JP¥62.72 (up from JP¥2.40 in FY 2023). Revenue: JP¥617.7b (up 23% from FY 2023). Net income: JP¥17.9b (up JP¥17.2b from FY 2023). Profit margin: 2.9% (up from 0.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Duyuru • Mar 28
Penta-Ocean Construction Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024 Penta-Ocean Construction Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%). Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥14.40 (vs JP¥42.37 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥14.40 (up from JP¥42.37 loss in 3Q 2023). Revenue: JP¥157.2b (up 32% from 3Q 2023). Net income: JP¥4.10b (up JP¥16.2b from 3Q 2023). Profit margin: 2.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Duyuru • Feb 09
Penta-Ocean Construction Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024 Penta-Ocean Construction Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales to be JPY 610,000 million, operating profit to be JPY 34,000 million, net income attributable to owners of parent to be JPY 22,000 million or JPY 77.20 per share. Duyuru • Dec 13
Penta-Ocean Construction Co., Ltd. to Report Q3, 2024 Results on Feb 08, 2024 Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024 Buying Opportunity • Nov 14
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 6.3%. The fair value is estimated to be €6.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 69%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings is also forecast to grow by 23% per annum over the same time period. New Risk • Nov 10
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Dividend is not well covered by earnings (147% payout ratio). Profit margins are more than 30% lower than last year (0.8% net profit margin). Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥14.13 (vs JP¥5.55 in 2Q 2023) Second quarter 2024 results: EPS: JP¥14.13 (up from JP¥5.55 in 2Q 2023). Revenue: JP¥151.3b (up 26% from 2Q 2023). Net income: JP¥4.03b (up 155% from 2Q 2023). Profit margin: 2.7% (up from 1.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Construction industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Duyuru • Sep 29
Penta-Ocean Construction Co., Ltd. to Report Q2, 2024 Final Results on Nov 09, 2023 Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2024 final results on Nov 09, 2023 Reported Earnings • Aug 03
First quarter 2024 earnings released: EPS: JP¥16.75 (vs JP¥11.35 in 1Q 2023) First quarter 2024 results: EPS: JP¥16.75 (up from JP¥11.35 in 1Q 2023). Revenue: JP¥127.3b (up 19% from 1Q 2023). Net income: JP¥4.78b (up 48% from 1Q 2023). Profit margin: 3.8% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Construction industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Duyuru • Jun 01
Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 27, 2023 Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 27, 2023, at 10:00 Tokyo Standard Time. Location: Conference Room, 11th Floor 2-8 Koraku 2-chome, Bunkyo-ku Tokyo Japan Agenda: To consider the Business Report, the Consolidated Financial Statements, and the audit results of the Consolidated Financial Statements by the Accounting Auditor and the Audit and Supervisory Board for the 73rd Fiscal Year (from April 1, 2022, to March 31, 2023); to consier the Non-consolidated Financial Statements for the 73rd Fiscal Year (from April 1, 2022, to March 31, 2023); to consider the appropriation of Retained Earnings; and to consider the election of Ten (10) Members of the Board. Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥2.40 (vs JP¥37.72 in FY 2022) Full year 2023 results: EPS: JP¥2.40 (down from JP¥37.72 in FY 2022). Revenue: JP¥502.2b (up 9.6% from FY 2022). Net income: JP¥684.0m (down 94% from FY 2022). Profit margin: 0.1% (down from 2.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥24.00 per share at 3.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.8%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥42.37 loss per share (vs JP¥2.05 profit in 3Q 2022) Third quarter 2023 results: JP¥42.37 loss per share (down from JP¥2.05 profit in 3Q 2022). Revenue: JP¥119.5b (up 2.6% from 3Q 2022). Net loss: JP¥12.1b (down JP¥12.7b from profit in 3Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Duyuru • Jan 09
Penta-Ocean Construction Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Mina Sekiguchi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥5.55 (vs JP¥13.53 in 2Q 2022) Second quarter 2023 results: EPS: JP¥5.55 (down from JP¥13.53 in 2Q 2022). Revenue: JP¥120.5b (up 8.4% from 2Q 2022). Net income: JP¥1.58b (down 59% from 2Q 2022). Profit margin: 1.3% (down from 3.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Duyuru • Sep 28
Penta-Ocean Construction Co., Ltd. to Report Q2, 2023 Results on Nov 10, 2022 Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022 Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: JP¥11.35 (vs JP¥15.96 in 1Q 2022) First quarter 2023 results: EPS: JP¥11.35 (down from JP¥15.96 in 1Q 2022). Revenue: JP¥107.2b (up 8.3% from 1Q 2022). Net income: JP¥3.24b (down 29% from 1Q 2022). Profit margin: 3.0% (down from 4.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 12%, compared to a 5.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Duyuru • Jun 29
Penta-Ocean Construction Co., Ltd. to Report Q1, 2023 Results on Aug 04, 2022 Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2023 results on Aug 04, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥37.72 (vs JP¥73.62 in FY 2021) Full year 2022 results: EPS: JP¥37.72 (down from JP¥73.62 in FY 2021). Revenue: JP¥458.2b (down 2.7% from FY 2021). Net income: JP¥10.8b (down 49% from FY 2021). Profit margin: 2.3% (down from 4.5% in FY 2021). Over the next year, revenue is forecast to grow 27%, compared to a 6.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Duyuru • May 15
Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2022 Penta-Ocean Construction Co., Ltd., Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hokuto Nakano was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 07
Penta-Ocean Construction Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Penta-Ocean Construction Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.6%). In line with average of industry peers (3.8%). Buying Opportunity • Mar 09
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be JP¥5.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% per annum over the last 3 years. Earnings per share has been flat over the last 3 years. Reported Earnings • Feb 11
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: JP¥2.05 (down from JP¥15.85 in 3Q 2021). Revenue: JP¥116.5b (up 1.3% from 3Q 2021). Net income: JP¥585.0m (down 87% from 3Q 2021). Profit margin: 0.5% (down from 3.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 17%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Nov 11
Second quarter 2022 earnings released: EPS JP¥13.53 (vs JP¥15.91 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥111.2b (down 1.2% from 2Q 2021). Net income: JP¥3.86b (down 15% from 2Q 2021). Profit margin: 3.5% (down from 4.0% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year. Reported Earnings • Aug 05
First quarter 2022 earnings released: EPS JP¥15.96 (vs JP¥20.86 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥99.0b (down 14% from 1Q 2021). Net income: JP¥4.55b (down 24% from 1Q 2021). Profit margin: 4.6% (down from 5.2% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥73.62 (vs JP¥81.83 in FY 2020) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥471.1b (down 18% from FY 2020). Net income: JP¥21.0b (down 10% from FY 2020). Profit margin: 4.5% (up from 4.1% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.3%). Is New 90 Day High Low • Feb 25
New 90-day low: €5.95 The company is down 2.0% from its price of €6.05 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.99 per share. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥15.85 (vs JP¥20.32 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥114.9b (down 19% from 3Q 2020). Net income: JP¥4.52b (down 22% from 3Q 2020). Profit margin: 3.9% (down from 4.1% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year. Analyst Estimate Surprise Post Earnings • Feb 11
Revenue misses expectations Revenue missed analyst estimates by 7.4%. Over the next year, revenue is forecast to grow 11%, compared to a 5.6% growth forecast for the Construction industry in Germany. Is New 90 Day High Low • Jan 22
New 90-day high: €7.45 The company is up 42% from its price of €5.25 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.78 per share. Is New 90 Day High Low • Jan 06
New 90-day high: €7.35 The company is up 39% from its price of €5.30 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.27 per share. Duyuru • Dec 17
Penta-Ocean Construction Co., Ltd. to Report Q3, 2021 Results on Feb 09, 2021 Penta-Ocean Construction Co., Ltd. announced that they will report Q3, 2021 results on Feb 09, 2021 Is New 90 Day High Low • Dec 07
New 90-day high: €6.60 The company is up 23% from its price of €5.35 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.04 per share. Analyst Estimate Surprise Post Earnings • Nov 11
Revenue beats expectations Revenue exceeded analyst estimates by 0.04%. Over the next year, revenue is forecast to grow 3.4%, compared to a 1.3% growth forecast for the Construction industry in Germany. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS JP¥15.91 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥112.6b (down 25% from 2Q 2020). Net income: JP¥4.54b (down 26% from 2Q 2020). Profit margin: 4.0% (down from 4.1% in 2Q 2020). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Nov 06
New 90-day high: €5.75 The company is up 18% from its price of €4.86 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.74 per share. Is New 90 Day High Low • Sep 28
New 90-day high: €5.65 The company is up 21% from its price of €4.66 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.17 per share. Duyuru • Sep 23
Penta-Ocean Construction Co., Ltd. to Report Q2, 2021 Results on Nov 09, 2020 Penta-Ocean Construction Co., Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020 Duyuru • Jun 19
Penta-Ocean Construction Co., Ltd. to Report Q1, 2021 Results on Aug 04, 2020 Penta-Ocean Construction Co., Ltd. announced that they will report Q1, 2021 results on Aug 04, 2020 
