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Sekisui Chemical

DB:SUI
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SUI
DB
¥853B
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

Sekisui Chemical Co., Ltd. engages in housing, urban infrastructure and environmental products (UIEP), and high performance plastics (HPP) businesses worldwide. The last earnings update was 3 days ago. More info.


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SUI Share Price and Events
7 Day Returns
-3.1%
DB:SUI
-1.1%
DE Consumer Durables
0.1%
DE Market
1 Year Returns
12.5%
DB:SUI
2.9%
DE Consumer Durables
8.8%
DE Market
SUI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sekisui Chemical (SUI) -3.1% 9% 24.7% 12.5% 14.1% 68.4%
DE Consumer Durables -1.1% 3.5% 4.1% 2.9% -5.9% 11.6%
DE Market 0.1% 5.9% 15% 8.8% 14.5% 21%
1 Year Return vs Industry and Market
  • SUI outperformed the Consumer Durables industry which returned 2.9% over the past year.
  • SUI outperformed the Market in Germany which returned 8.8% over the past year.
Price Volatility
SUI
Industry
5yr Volatility vs Market

SUI Value

 Is Sekisui Chemical 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 Sekisui Chemical 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 Sekisui Chemical.

DB:SUI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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:SUI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.815 (1 + (1- 30.86%) (10.21%))
0.914
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.91
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.914 * 5.96%)
5.68%

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

The calculations below outline how an intrinsic value for Sekisui Chemical 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:SUI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 5.68%)
2020 54,750.00 Analyst x2 51,808.86
2021 49,200.00 Analyst x2 44,055.98
2022 58,050.00 Analyst x2 49,188.30
2023 63,000.00 Analyst x1 50,514.96
2024 63,400.00 Analyst x1 48,104.82
2025 63,701.23 Est @ 0.48% 45,736.93
2026 63,956.66 Est @ 0.4% 43,453.51
2027 64,179.93 Est @ 0.35% 41,262.75
2028 64,380.66 Est @ 0.31% 39,168.26
2029 64,565.65 Est @ 0.29% 37,170.66
Present value of next 10 years cash flows ¥450,465.00
DB:SUI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ¥64,565.65 × (1 + 0.23%) ÷ (5.68% – 0.23%)
¥1,187,628.20
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥1,187,628.20 ÷ (1 + 5.68%)10
¥683,721.47
DB:SUI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥450,465.00 + ¥683,721.47
¥1,134,186.47
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥1,134,186.47 / 456.62
¥2483.86
DB:SUI Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:SUI represents 0.00845x of TSE:4204
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00845x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 2,483.86 x 0.00845
€21.00
Value per share (EUR) From above. €21.00
Current discount Discount to share price of €15.80
= -1 x (€15.80 - €21.00) / €21.00
24.8%

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

Current Discount
Amount off the current price Sekisui Chemical is available for.
Intrinsic value
25%
Share price is €15.8 vs Future cash flow value of €21
Current Discount Checks
For Sekisui Chemical to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sekisui Chemical's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Sekisui Chemical's share price is below the future cash flow value, but not 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 Sekisui Chemical's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sekisui Chemical's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SUI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in JPY ¥136.30
TSE:4204 Share Price ** TSE (2019-11-14) in JPY ¥1869
Germany Consumer Durables Industry PE Ratio Median Figure of 8 Publicly-Listed Consumer Durables Companies 17.05x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.83x

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

** Primary Listing of Sekisui Chemical.

DB:SUI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:4204 Share Price ÷ EPS (both in JPY)

= 1869 ÷ 136.30

13.71x

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

  • Sekisui Chemical is good value based on earnings compared to the DE Consumer Durables industry average.
  • Sekisui Chemical is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Sekisui Chemical's expected growth come at a high price?
Raw Data
DB:SUI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
7.6%per year
Germany Consumer Durables Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Durables Companies 0.97x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

DB:SUI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.71x ÷ 7.6%

1.8x

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

  • Sekisui Chemical is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Sekisui Chemical's assets?
Raw Data
DB:SUI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in JPY ¥1,335.36
TSE:4204 Share Price * TSE (2019-11-14) in JPY ¥1869
Germany Consumer Durables Industry PB Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 1.69x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
DB:SUI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:4204 Share Price ÷ Book Value per Share (both in JPY)

= 1869 ÷ 1,335.36

1.4x

* Primary Listing of Sekisui Chemical.

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

  • Sekisui Chemical is good value based on assets compared to the DE Consumer Durables industry average.
X
Value checks
We assess Sekisui Chemical'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 Consumer Durables 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 Consumer Durables industry average (and greater than 0)? (1 check)
  5. Sekisui Chemical has a total score of 4/6, 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.

SUI Future Performance

 How is Sekisui Chemical expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

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
7.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sekisui Chemical expected to grow at an attractive rate?
  • Sekisui Chemical's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Sekisui Chemical's earnings growth is positive but not above the Germany market average.
  • Sekisui Chemical's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:SUI Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:SUI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 7.6%
DB:SUI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 3.4%
Germany Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 15%
Germany Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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:SUI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SUI Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-03-31 1,355,400 132,400 91,700 1
2023-03-31 1,296,200 131,000 85,700 1
2022-03-31 1,208,460 119,050 74,420 5
2021-03-31 1,182,580 109,700 70,260 5
2020-03-31 1,155,000 114,250 67,033 5
2019-11-14
DB:SUI Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-09-30 1,144,317 98,907 63,154
2019-06-30 1,150,481 92,379 61,442
2019-03-31 1,142,713 85,213 66,093
2018-12-31 1,144,849 88,937 61,160
2018-09-30 1,128,204 84,099 61,825
2018-06-30 1,115,378 78,767 61,150
2018-03-31 1,107,429 82,272 63,459
2017-12-31 1,091,168 88,244 65,233
2017-09-30 1,082,058 84,661 68,983
2017-06-30 1,071,940 102,350 70,696
2017-03-31 1,065,776 108,229 60,850
2016-12-31 1,062,871 87,643 56,116

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sekisui Chemical's earnings are expected to grow by 7.6% yearly, however this is not considered high growth (20% yearly).
  • Sekisui Chemical's revenue is expected to grow by 3.4% yearly, however this is not considered high growth (20% yearly).
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:SUI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Sekisui Chemical Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SUI Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-03-31 201.20 201.20 201.20 1.00
2023-03-31 188.00 188.00 188.00 1.00
2022-03-31 162.01 172.90 153.25 6.00
2021-03-31 152.28 160.80 144.01 6.00
2020-03-31 146.12 147.07 145.60 3.00
2019-11-14
DB:SUI Past Financials Data
Date (Data in JPY Millions) EPS *
2019-09-30 136.30
2019-06-30 132.26
2019-03-31 141.74
2018-12-31 130.62
2018-09-30 131.47
2018-06-30 129.43
2018-03-31 133.80
2017-12-31 137.09
2017-09-30 144.49
2017-06-30 147.29
2017-03-31 126.13
2016-12-31 115.73

*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.
  • Sekisui Chemical is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Sekisui Chemical'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.
Sekisui Chemical has a total score of 1/6, 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.

SUI Past Performance

  How has Sekisui Chemical 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 Sekisui Chemical's growth in the last year to its industry (Consumer Durables).
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.
  • Sekisui Chemical's year on year earnings growth rate has been positive over the past 5 years.
  • Sekisui Chemical's 1-year earnings growth is less than its 5-year average (2.2% vs 5.4%)
  • Sekisui Chemical's earnings growth has exceeded the DE Consumer Durables industry average in the past year (2.2% vs -21.1%).
Earnings and Revenue History
Sekisui Chemical'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 Sekisui Chemical Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SUI Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1,144,317.00 63,154.00 222,888.00 38,838.00
2019-06-30 1,150,481.00 61,442.00 222,139.00 38,838.00
2019-03-31 1,142,713.00 66,093.00 221,059.00 38,838.00
2018-12-31 1,144,849.00 61,160.00 225,587.00 36,974.00
2018-09-30 1,128,204.00 61,825.00 223,116.00 36,974.00
2018-06-30 1,115,378.00 61,150.00 219,811.00 36,974.00
2018-03-31 1,107,429.00 63,459.00 214,924.00 36,974.00
2017-12-31 1,091,168.00 65,233.00 216,119.00 34,169.00
2017-09-30 1,082,058.00 68,983.00 212,959.00 34,169.00
2017-06-30 1,071,940.00 70,696.00 212,481.00 34,169.00
2017-03-31 1,065,776.00 60,850.00 212,679.00 34,169.00
2016-12-31 1,062,871.00 56,116.00 214,245.00 31,693.00
2016-09-30 1,075,262.00 49,934.00 214,047.00 31,693.00
2016-06-30 1,082,904.00 44,158.00 214,321.00 31,693.00
2016-03-31 1,096,317.00 56,653.00 214,630.00 31,693.00
2015-12-31 1,100,449.00 49,563.00 217,961.00 29,452.00
2015-09-30 1,105,736.00 56,860.00 217,225.00 29,452.00
2015-06-30 1,098,071.00 57,309.00 215,254.00 29,452.00
2015-03-31 1,112,748.00 52,995.00 213,429.00 29,452.00
2014-12-31 1,120,083.00 51,463.00 217,085.00 27,720.00
2014-09-30 1,123,716.00 47,291.00 217,790.00 27,720.00
2014-06-30 1,124,193.00 42,579.00 217,254.00 27,720.00
2014-03-31 1,110,851.00 41,190.00 216,676.00 27,720.00
2013-12-31 1,080,418.00 44,005.00 211,685.00 25,894.00
2013-09-30 1,049,486.00 40,191.00 207,961.00 25,894.00
2013-06-30 1,015,075.00 35,014.00 203,104.00 25,894.00
2013-03-31 1,032,431.00 30,174.00 207,879.00 25,894.00
2012-12-31 1,003,754.00 30,639.00 204,953.00 25,611.00

*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.
  • Sekisui Chemical has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sekisui Chemical used its assets more efficiently than the DE Consumer Durables industry average last year based on Return on Assets.
  • Sekisui Chemical's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sekisui Chemical'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 Consumer Durables 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.
Sekisui Chemical has a total score of 3/6, 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.

SUI Health

 How is Sekisui Chemical'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 Sekisui Chemical's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sekisui Chemical is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sekisui Chemical's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sekisui Chemical'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 7.1x 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 Sekisui Chemical Company Filings, last reported 1 month ago.

DB:SUI Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 636,960.00 70,726.00 107,366.00
2019-06-30 613,835.00 67,343.00 73,634.00
2019-03-31 632,744.00 43,323.00 69,882.00
2018-12-31 605,839.00 63,457.00 67,610.00
2018-09-30 621,788.00 46,703.00 70,565.00
2018-06-30 596,470.00 75,833.00 76,380.00
2018-03-31 612,756.00 35,992.00 77,996.00
2017-12-31 611,270.00 73,466.00 95,608.00
2017-09-30 603,488.00 30,747.00 89,703.00
2017-06-30 573,057.00 38,281.00 93,694.00
2017-03-31 570,548.00 33,333.00 109,892.00
2016-12-31 554,329.00 38,287.00 74,351.00
2016-09-30 526,749.00 36,635.00 91,037.00
2016-06-30 510,995.00 60,391.00 71,814.00
2016-03-31 544,154.00 42,553.00 68,114.00
2015-12-31 547,472.00 62,961.00 73,566.00
2015-09-30 541,027.00 49,184.00 92,620.00
2015-06-30 551,263.00 49,031.00 92,904.00
2015-03-31 535,291.00 52,941.00 87,169.00
2014-12-31 520,498.00 68,417.00 71,205.00
2014-09-30 502,213.00 63,235.00 98,289.00
2014-06-30 477,870.00 91,639.00 95,086.00
2014-03-31 473,553.00 84,605.00 107,673.00
2013-12-31 478,343.00 118,154.00 115,926.00
2013-09-30 462,490.00 103,922.00 126,648.00
2013-06-30 450,223.00 105,356.00 86,359.00
2013-03-31 433,226.00 107,240.00 91,133.00
2012-12-31 396,519.00 105,609.00 60,860.00
  • Sekisui Chemical's level of debt (11.1%) 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 (12.6% vs 11.1% today).
  • Debt is well covered by operating cash flow (139.8%, greater than 20% of total debt).
  • Sekisui Chemical earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Sekisui Chemical'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. Sekisui Chemical 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.

SUI Dividends

 What is Sekisui Chemical'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
2.46%
Current annual income from Sekisui Chemical dividends. Estimated to be 2.55% next year.
If you bought €2,000 of Sekisui Chemical shares you are expected to receive €49 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?
  • Sekisui Chemical's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.38%).
  • Sekisui Chemical's dividend is below the markets top 25% of dividend payers in Germany (3.68%).
Upcoming dividend payment

Purchase Sekisui Chemical before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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:SUI 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 5 Analyst Estimates (S&P Global) See Below
Germany Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

DB:SUI Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2024-03-31 46.00 1.00
2023-03-31 46.00 1.00
2022-03-31 49.83 6.00
2021-03-31 47.83 6.00
2020-03-31 46.00 6.00
2019-11-14
DB:SUI Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-10-30 46.000 2.418
2019-06-20 46.000 2.820
2019-04-25 46.000 2.819
2019-02-08 42.000 2.351
2019-01-30 42.000 2.478
2018-11-08 42.000 2.456
2018-10-29 42.000 2.344
2018-06-27 42.000 2.207
2018-04-26 42.000 2.285
2018-02-08 36.000 1.894
2018-01-30 36.000 1.775
2017-11-09 38.000 1.692
2017-10-30 38.000 1.662
2017-06-28 37.000 1.756
2017-04-27 37.000 1.879
2017-02-08 32.000 1.712
2017-01-30 32.000 1.729
2016-11-09 32.000 1.773
2016-10-27 32.000 1.973
2016-06-28 32.000 2.231
2016-04-27 32.000 2.320
2016-02-08 28.000 2.094
2016-01-28 28.000 1.954
2015-11-10 28.000 1.899
2015-10-29 28.000 1.958
2015-06-25 28.000 2.053
2015-04-28 28.000 1.737
2015-03-10 26.000 1.614
2015-01-29 26.000 1.781
2014-11-13 26.000 1.816
2014-10-30 26.000 1.872
2014-06-26 24.000 1.964
2014-04-28 24.000 2.170
2014-02-10 22.000 1.998
2014-01-30 22.000 1.922
2013-11-13 22.000 1.786
2013-10-30 22.000 1.988
2013-07-30 20.000 2.030
2013-04-26 20.000 1.840
2012-10-30 18.000 2.182
2012-07-30 18.000 2.832
2012-04-26 18.000 2.577
2012-01-30 14.000 2.012
2011-10-27 14.000 2.266
2011-08-11 14.000 2.172
2011-07-28 14.000 2.052
2011-06-29 14.000 1.997
2011-04-27 14.000 2.146
2011-02-14 14.000 2.210
2011-01-28 14.000 2.173
2010-11-09 14.000 2.365
2010-10-28 14.000 2.619
2010-07-29 10.000 1.911
2010-06-29 10.000 1.771
2010-04-27 10.000 1.718
2010-01-28 10.000 1.606
2009-10-29 10.000 1.794
2009-04-27 10.000 1.817
2009-01-30 15.000 3.175

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Sekisui Chemical's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3x 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 Sekisui Chemical's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - 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 Sekisui Chemical afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sekisui Chemical has a total score of 3/6, see the detailed checks below.


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

SUI Management

 What is the CEO of Sekisui Chemical'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
Teiji Koge
TENURE AS CEO 4.7 years
CEO Bio

Mr. Teiji Koge has been the Chief Executive Officer and President of Sekisui Chemical Co., Ltd. since March 1, 2015. Mr. Koge served as President of Nagoya Sekisui Heim Co., Ltd., since June 2005 and Nagoya Sekisui Heim Real Estate Co., Ltd. He joined Sekisui Chemical Co., Ltd. in April 1976. Mr. Koge served as a Senior Managing Executive Officer at Sekisui Chemical Co., Ltd. from April 2009 to March 1, 2015 and Head of CSR Department and Head of Corporate Communication Department from March 2014 to March 1, 2015. He served as President of Housing Company at Sekisui Chemical Co., Ltd. since February 2008. He served as General Manager of Housing Division since July 2007, General Manager of Housing Division and Planning & Control Department of Housing Company since April 2007, General Manager of Planning & Control Department of Housing Company since April 2006 and Head of President’s Office of Housing Company since October 2005. He has been a Representative Director at Sekisui Chemical Co., Ltd. since June 2005.

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

Average tenure of the Sekisui Chemical management team in years:

8.1
Average Tenure
  • The average tenure for the Sekisui Chemical management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Teiji Koge

TITLE
President
TENURE
4.7 yrs

Tatsuya Nishida

TITLE
Executive Officer and Head of Corporate Finance & Accounting Department
TENURE
1.8 yrs

Hiroyuki Taketomo

TITLE
Managing Executive Officer

Shunichi Sekiguchi

TITLE
Senior Managing Executive Officer & Director
TENURE
11.6 yrs

Hajime Kubo

TITLE
Senior Managing Executive Officer & Representative Director
AGE
63
TENURE
11.6 yrs

Keita Kato

TITLE
Senior Managing Executive Officer & Director
TENURE
11.6 yrs

Satoshi Uenoyama

TITLE
Senior Managing Executive Officer
TENURE
10.6 yrs

Yoshiyuki Hirai

TITLE
Managing Executive Officer
AGE
56
TENURE
5.6 yrs

Hitoshi Kobayashi

TITLE
Executive Officer & Head of Total Manufacturing Management Center
TENURE
3.6 yrs

Masao Ogasa

TITLE
Executive Officer and Head of R&D Center
Board of Directors Tenure

Average tenure and age of the Sekisui Chemical board of directors in years:

5.9
Average Tenure
63
Average Age
  • The tenure for the Sekisui Chemical board of directors is about average.
Board of Directors

Teiji Koge

TITLE
President
TENURE
14.4 yrs

Hiroyuki Taketomo

TITLE
Managing Executive Officer
TENURE
8.6 yrs

Shunichi Sekiguchi

TITLE
Senior Managing Executive Officer & Director
TENURE
5.4 yrs

Hajime Kubo

TITLE
Senior Managing Executive Officer & Representative Director
AGE
63
TENURE
9.4 yrs

Keita Kato

TITLE
Senior Managing Executive Officer & Director
TENURE
5.4 yrs

Satoshi Uenoyama

TITLE
Senior Managing Executive Officer
TENURE
8.4 yrs

Yoshiyuki Hirai

TITLE
Managing Executive Officer
AGE
56
TENURE
4.4 yrs

Kunio Ishizuka

TITLE
Outside Director
AGE
70
TENURE
6.4 yrs

Yutaka Kase

TITLE
Outside Director
AGE
72
TENURE
3.4 yrs

Hiroshi Oeda

TITLE
Outside Director
AGE
62
TENURE
1.4 yrs
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 Sekisui Chemical'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. Sekisui Chemical 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.

SUI News

Simply Wall St News

SUI Company Info

Description

Sekisui Chemical Co., Ltd. engages in housing, urban infrastructure and environmental products (UIEP), and high performance plastics (HPP) businesses worldwide. Its Housing division offers steel frame modular housing, wooden frame modular housing, and building lots. This division is also involved in the refurbishing, circulation of secondhand housing, and apartment leasing and management businesses; and provision of elderly housing with supportive services, and interior/exterior decoration services. The company’s UIEP division provides PVC pipes and fittings, polyethylene pipes and fittings, plastic valves, pipeline renewal materials and methods, reinforced plastic composite pipes, and water storage tanks. This division also offers building materials, such as rain gutters and exterior materials; insulation materials, functional tatami, care equipment, and unit baths; and high grade plastic sheet, fiber-reinforced foamed urethane, thermoplastic CFRP, soundproof materials, blow mold containers, and agriculture and construction materials. Its HPP division provides LCD fine particles, photosensitive materials, semiconductor materials, optical films, and industrial tapes; interlayer films for laminated glass, and resins products for vehicle use, as well as polyolefin foams, rubber molded products, and heat release materials; functional resins for infrastructure, fire-resistant materials, polyolefin foam, non-flammable polyurethane, polyurethane, and stockbreeding panels; and diagnostic pharmaceuticals, testing equipment, pharmaceuticals, and sanitary materials, as well as drug-discovery support services. This division also offers adhesives, packaging tapes, plastic containers, and polyvinyl alcohol resins. The company was formerly known as Sekisui Sangyo Co., Ltd. and changed its name to Sekisui Chemical Co., Ltd. in 1948. Sekisui Chemical Co., Ltd. was founded in 1947 and is headquartered in Osaka, Japan.

Details
Name: Sekisui Chemical Co., Ltd.
SUI
Exchange: DB
Founded: 1947
¥7,147,240,645
456,622,073
Website: http://www.sekisui.co.jp
Address: Sekisui Chemical Co., Ltd.
2-4-4 Nishitemma,
Kita-ku,
Osaka,
530-8565,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 4204 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
OTCPK SKSU.F Common Stock Pink Sheets LLC US USD 06. Jan 1992
DB SUI Common Stock Deutsche Boerse AG DE EUR 06. Jan 1992
Number of employees
Current staff
Staff numbers
26,486
Sekisui Chemical employees.
Industry
Homebuilding
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/14 20:57
End of day share price update: 2019/11/14 00:00
Last estimates confirmation: 2019/11/12
Last earnings filing: 2019/11/11
Last earnings reported: 2019/09/30
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.