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Press Kogyo

DB:2YO
Snowflake Description

Flawless balance sheet, undervalued and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2YO
DB
¥23B
Market Cap
  1. Home
  2. DE
  3. Automobiles
Company description

Press Kogyo Co., Ltd. manufactures and sells automotive parts and other products in Japan and internationally. The last earnings update was 60 days ago. More info.


Add to Portfolio Compare Print
  • Press Kogyo has significant price volatility in the past 3 months.
2YO Share Price and Events
7 Day Returns
-9.1%
DB:2YO
3.7%
DE Auto Components
2.1%
DE Market
1 Year Returns
-
DB:2YO
-47.8%
DE Auto Components
-16.6%
DE Market
2YO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Press Kogyo (2YO) -9.1% -23.4% -47.4% - - -
DE Auto Components 3.7% -20.4% -41.1% -47.8% -63.5% -67.9%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • No trading data on 2YO.
  • No trading data on 2YO.
Price Volatility
2YO
Industry
5yr Volatility vs Market

Value

 Is Press Kogyo undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Press Kogyo to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Press Kogyo.

DB:2YO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:2YO
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.3%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.077 (1 + (1- 30.86%) (45.39%))
1.278
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.28
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.278 * 6.33%)
7.7%

Discounted Cash Flow Calculation for DB:2YO using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Press Kogyo is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:2YO DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 7.7%)
2020 11,647.54 Est @ 1.6% 10,814.83
2021 11,764.12 Est @ 1% 10,142.16
2022 11,832.77 Est @ 0.58% 9,472.04
2023 11,867.27 Est @ 0.29% 8,820.50
2024 11,877.60 Est @ 0.09% 8,197.04
2025 11,870.94 Est @ -0.06% 7,606.75
2026 11,852.40 Est @ -0.16% 7,051.89
2027 11,825.57 Est @ -0.23% 6,532.92
2028 11,792.99 Est @ -0.28% 6,049.16
2029 11,756.46 Est @ -0.31% 5,599.29
Present value of next 10 years cash flows ¥80,286.00
DB:2YO DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ¥11,756.46 × (1 + -0.39%) ÷ (7.7% – -0.39%)
¥144,760.03
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥144,760.03 ÷ (1 + 7.7%)10
¥68,945.36
DB:2YO Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥80,286.00 + ¥68,945.36
¥149,231.36
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥149,231.36 / 108.40
¥1376.66
DB:2YO Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:2YO represents 0.00829x of TSE:7246
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00829x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 1,376.66 x 0.00829
€11.41
Value per share (EUR) From above. €11.41
Current discount Discount to share price of €1.79
= -1 x (€1.79 - €11.41) / €11.41
84.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Press Kogyo is available for.
Intrinsic value
>50%
Share price is €1.79 vs Future cash flow value of €11.41
Current Discount Checks
For Press Kogyo to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Press Kogyo's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Press Kogyo's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Press Kogyo's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Press Kogyo's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:2YO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in JPY ¥34.51
TSE:7246 Share Price ** TSE (2020-04-06) in JPY ¥216
Germany Auto Components Industry PE Ratio Median Figure of 9 Publicly-Listed Auto Components Companies 12.05x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Press Kogyo.

DB:2YO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:7246 Share Price ÷ EPS (both in JPY)

= 216 ÷ 34.51

6.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Press Kogyo is good value based on earnings compared to the DE Auto Components industry average.
  • Press Kogyo is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Press Kogyo's expected growth come at a high price?
Raw Data
DB:2YO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Auto Components Industry PEG Ratio Median Figure of 7 Publicly-Listed Auto Components Companies 0.53x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Press Kogyo, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Press Kogyo's assets?
Raw Data
DB:2YO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in JPY ¥796.61
TSE:7246 Share Price * TSE (2020-04-06) in JPY ¥216
Germany Auto Components Industry PB Ratio Median Figure of 13 Publicly-Listed Auto Components Companies 0.7x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:2YO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:7246 Share Price ÷ Book Value per Share (both in JPY)

= 216 ÷ 796.61

0.27x

* Primary Listing of Press Kogyo.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Press Kogyo is good value based on assets compared to the DE Auto Components industry average.
X
Value checks
We assess Press Kogyo's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Press Kogyo has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Press Kogyo expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Press Kogyo has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
49.7%
Expected Auto Components industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Press Kogyo expected to grow at an attractive rate?
  • Unable to compare Press Kogyo's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Press Kogyo's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Press Kogyo's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:2YO Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 49.7%
Germany Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:2YO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:2YO Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:2YO Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-12-31 207,704 3,772
2019-09-30 218,669 19,623 5,339
2019-06-30 220,034 7,168
2019-03-31 220,661 16,825 7,567
2018-12-31 222,131 6,545
2018-09-30 215,846 15,241 5,968
2018-06-30 214,971 5,695
2018-03-31 212,119 17,883 5,842
2017-12-31 213,342 7,061
2017-09-30 201,016 13,202 6,816
2017-06-30 190,255 5,974
2017-03-31 186,629 15,037 5,263

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Press Kogyo is high growth as no earnings estimate data is available.
  • Unable to determine if Press Kogyo is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:2YO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Press Kogyo Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2YO Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:2YO Past Financials Data
Date (Data in JPY Millions) EPS *
2019-12-31 34.51
2019-09-30 48.70
2019-06-30 65.27
2019-03-31 69.10
2018-12-31 59.94
2018-09-30 54.80
2018-06-30 52.43
2018-03-31 53.78
2017-12-31 65.00
2017-09-30 62.75
2017-06-30 55.00
2017-03-31 48.45

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Press Kogyo will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Press Kogyo is trading at Press Kogyo'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Press Kogyo's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Automobiles companies here
  3. Press Kogyo's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Press Kogyo's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Press Kogyo has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Press Kogyo performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Press Kogyo's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Press Kogyo's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Press Kogyo's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Press Kogyo's 1-year earnings growth is negative, it can't be compared to the DE Auto Components industry average.
Earnings and Revenue History
Press Kogyo's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Press Kogyo Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2YO Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 207,704.00 3,772.00 14,721.00
2019-09-30 218,669.00 5,339.00 15,117.00
2019-06-30 220,034.00 7,168.00 14,968.00
2019-03-31 220,661.00 7,567.00 14,997.00
2018-12-31 222,131.00 6,545.00 14,937.00
2018-09-30 215,846.00 5,968.00 14,783.00
2018-06-30 214,971.00 5,695.00 14,607.00
2018-03-31 212,119.00 5,842.00 14,242.00
2017-12-31 213,342.00 7,061.00 14,526.00
2017-09-30 201,016.00 6,816.00 13,725.00
2017-06-30 190,255.00 5,974.00 13,240.00
2017-03-31 186,629.00 5,263.00 13,225.00
2016-12-31 182,608.00 5,622.00 12,403.00
2016-09-30 184,571.00 4,918.00 12,258.00
2016-06-30 191,481.00 5,510.00 12,388.00
2016-03-31 195,806.00 5,613.00 12,432.00
2015-12-31 198,406.00 5,416.00 12,648.00
2015-09-30 206,511.00 6,546.00 13,463.00
2015-06-30 203,750.00 6,353.00 13,387.00
2015-03-31 197,615.00 6,356.00 12,893.00
2014-12-31 191,251.00 6,055.00 12,826.00
2014-09-30 184,663.00 5,460.00 11,871.00
2014-06-30 186,624.00 5,864.00 12,094.00
2014-03-31 183,618.00 6,270.00 12,091.00
2013-12-31 180,345.00 5,911.00 12,382.00
2013-09-30 177,449.00 5,970.00 12,519.00
2013-06-30 171,777.00 5,655.00 12,041.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Press Kogyo has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Press Kogyo used its assets less efficiently than the DE Auto Components industry average last year based on Return on Assets.
  • Press Kogyo's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Press Kogyo's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Press Kogyo has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Press Kogyo's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Press Kogyo's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Press Kogyo is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Press Kogyo's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Press Kogyo's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 6.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Press Kogyo Company Filings, last reported 3 months ago.

DB:2YO Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 93,481.00 10,628.00 18,687.00
2019-09-30 92,649.00 11,577.00 18,348.00
2019-06-30 93,650.00 11,780.00 18,374.00
2019-03-31 94,213.00 12,067.00 18,556.00
2018-12-31 92,239.00 12,986.00 14,387.00
2018-09-30 90,008.00 14,344.00 12,218.00
2018-06-30 87,283.00 23,476.00 20,849.00
2018-03-31 88,122.00 25,389.00 24,626.00
2017-12-31 87,358.00 26,047.00 21,255.00
2017-09-30 84,554.00 28,084.00 21,649.00
2017-06-30 81,767.00 27,239.00 20,235.00
2017-03-31 80,663.00 29,301.00 20,456.00
2016-12-31 75,926.00 26,416.00 18,108.00
2016-09-30 74,565.00 27,154.00 19,164.00
2016-06-30 75,498.00 29,967.00 17,491.00
2016-03-31 77,046.00 31,144.00 18,898.00
2015-12-31 75,342.00 34,250.00 16,173.00
2015-09-30 75,553.00 35,483.00 16,375.00
2015-06-30 75,174.00 37,053.00 16,271.00
2015-03-31 74,535.00 36,507.00 16,071.00
2014-12-31 68,584.00 34,514.00 11,473.00
2014-09-30 66,006.00 33,039.00 11,236.00
2014-06-30 64,857.00 31,262.00 10,705.00
2014-03-31 65,292.00 29,206.00 12,367.00
2013-12-31 63,647.00 27,990.00 13,974.00
2013-09-30 64,058.00 22,582.00 10,326.00
2013-06-30 62,427.00 21,668.00 12,734.00
  • Press Kogyo's level of debt (11.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (47.5% vs 11.3% today).
  • Debt is well covered by operating cash flow (186.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 94.4x coverage).
X
Financial health checks
We assess Press Kogyo's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Press Kogyo has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.02%
Current annual income from Press Kogyo dividends.
If you bought €2,000 of Press Kogyo shares you are expected to receive €120 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Press Kogyo's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.67%).
  • Press Kogyo's dividend is above the markets top 25% of dividend payers in Germany (4.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:2YO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 5.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:2YO Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
DB:2YO Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-11-07 13.000 3.716
2019-06-27 13.000 2.820
2019-05-10 13.000 2.708
2019-02-06 13.000 2.187
2018-11-08 13.000 2.269
2018-06-28 12.000 2.028
2018-05-11 12.000 1.894
2017-11-08 12.000 1.822
2017-06-29 11.000 1.915
2017-05-12 11.000 2.139
2016-06-29 11.000 2.330
2016-05-13 11.000 2.958
2015-06-26 11.000 2.369
2015-05-15 11.000 2.016
2015-02-12 10.000 2.036
2014-11-07 10.000 2.431
2014-06-27 10.000 2.410
2014-05-15 10.000 2.658
2014-02-12 10.000 2.583
2013-11-08 10.000 2.322
2013-08-08 10.000 2.350
2013-06-27 9.000 2.047
2013-05-15 10.000 2.120
2013-02-12 9.000 1.893
2012-11-09 9.000 2.503
2012-08-09 9.000 2.759
2012-06-28 9.000 2.581
2012-05-15 9.000 2.329
2012-02-10 8.000 1.646
2011-11-10 8.000 2.166
2011-08-08 8.000 2.277
2011-06-29 4.000 0.955
2011-05-13 4.000 1.097
2010-11-10 3.000 0.824
2010-06-29 1.000 0.370
2010-05-14 1.000 0.351
2010-02-09 0.000 0.000
2009-08-07 0.000 0.000
2009-06-26 0.000 0.000
2009-05-15 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Press Kogyo's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Press Kogyo's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Press Kogyo afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Press Kogyo has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tetsushi Mino
CEO Bio

Mr. Tetsushi Mino is the President, CEO and Director at Press Kogyo Co., Ltd. Mr. Mino served as an Executive Managing Officer, Senior Executive Officer, Managing Officer and COO at Press Kogyo Co. Ltd.

CEO Compensation
  • Insufficient data for Tetsushi to compare compensation growth.
  • Insufficient data for Tetsushi to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Press Kogyo management team in years:

4
Average Tenure
  • The tenure for the Press Kogyo management team is about average.
Management Team

Tetsushi Mino

TITLE
President

Kazuhiko Onami

TITLE
Senior Executive Managing Officer

Satoru Murayama

TITLE
Executive VP
TENURE
2.8 yrs

Yasuhiko Ikeda

TITLE
Senior Executive Managing Officer & Director
TENURE
4 yrs

Takashi Nakayama

TITLE
Executive Managing Officer & Director

Noriaki Endo

TITLE
Executive Managing Officer & Director

Hiroshi Yahara

TITLE
Executive Managing Officer
TENURE
4 yrs

Noboru Masuda

TITLE
Executive Managing Officer & Director
TENURE
3 yrs

Takekazu Karaki

TITLE
Senior Executive Officer
TENURE
4 yrs

Yuki Shimizu

TITLE
Senior Executive Officer
TENURE
4 yrs
Board of Directors

Tetsushi Mino

TITLE
President

Kazuhiko Onami

TITLE
Senior Executive Managing Officer

Satoru Murayama

TITLE
Executive VP

Yasuhiko Ikeda

TITLE
Senior Executive Managing Officer & Director

Takashi Nakayama

TITLE
Executive Managing Officer & Director

Noriaki Endo

TITLE
Executive Managing Officer & Director

Noboru Masuda

TITLE
Executive Managing Officer & Director

Yasuo Yamane

TITLE
External Audit & Supervisory Committee Member

Katsuyuki Hoshino

TITLE
Full-time Audit & Supervisory Committee Member

Osamu Nakagawa

TITLE
External Audit & Supervisory Committee Member
AGE
51
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Press Kogyo's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Press Kogyo has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Press Kogyo Co., Ltd. manufactures and sells automotive parts and other products in Japan and internationally. The company operates through two segments, Automobile and Construction Machinery. It offers chassis frames and axles primarily for trucks, as well as panels, suspensions, bumpers, resin parts, and stamping dies; and assembles commercial vehicles. The company is also involved in the manufacture of cabins for construction machinery. In addition, it provides plastic parts, such as cab rear covers, side covers, transmission covers, under covers, air cleaner brackets, urea water tank brackets, battery trays, front tire splashes, and rear steps; other automotive products, including front bumper, axle shafts, front knuckle spindles, ABS sensor rings, instrument panels, cowl top panels, front pillar inners, door beams, ladder frames, rear under-run protectors for medium duty trucks, front under-run protectors for heavy duty trucks, front axle units, and front suspension cross member assemblies; dies and automatic welders; lightweight colored steel panels, roof tiles, and exterior wall components; automated parking systems and parking palette; specially equipped vehicles; and torch cleaners. Press Kogyo Co., Ltd. was founded in 1925 and is headquartered in Kawasaki, Japan.

Details
Name: Press Kogyo Co., Ltd.
2YO
Exchange: DB
Founded: 1925
¥200,007,913
108,401,255
Website: http://www.presskogyo.co.jp
Address: Press Kogyo Co., Ltd.
1-1-1, Shiohama,
Kawasaki-ku,
Kawasaki,
Kanagawa, 210-8512,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 7246 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
DB 2YO Common Stock Deutsche Boerse AG DE EUR 06. Jan 1992
Number of employees
Current staff
Staff numbers
6,887
Press Kogyo employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 04:54
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2019/05/10
Last earnings filing: 2020/02/07
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.