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Konoike Transport

DB:2KT
Snowflake Description

Undervalued with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2KT
DB
¥90B
Market Cap
  1. Home
  2. DE
  3. Transportation
Company description

Konoike Transport Co., Ltd. provides logistics services in Japan and internationally. The last earnings update was 9 days ago. More info.


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2KT Share Price and Events
7 Day Returns
0.7%
DB:2KT
-0%
Europe Logistics
-0.5%
DE Market
1 Year Returns
4.3%
DB:2KT
19.4%
Europe Logistics
12.2%
DE Market
2KT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Konoike Transport (2KT) 0.7% 1.5% -0.7% 4.3% 8.5% 85%
Europe Logistics -0% 9.7% 12.5% 19.4% 26.3% 35.2%
DE Market -0.5% 4.4% 11.1% 12.2% 13.8% 16.6%
1 Year Return vs Industry and Market
  • 2KT underperformed the Logistics industry which returned 19.4% over the past year.
  • 2KT underperformed the Market in Germany which returned 12.2% over the past year.
Price Volatility
2KT
Industry
5yr Volatility vs Market

2KT Value

 Is Konoike Transport 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 Konoike Transport 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 Konoike Transport.

DB:2KT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
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:2KT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Logistics Unlevered Beta Simply Wall St/ S&P Global 1
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.996 (1 + (1- 30.86%) (49.77%))
1.227
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.23
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.227 * 5.96%)
7.54%

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

The calculations below outline how an intrinsic value for Konoike Transport 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:2KT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 7.54%)
2020 -3,202.00 Analyst x1 -2,977.49
2021 2,863.67 Analyst x3 2,476.17
2022 6,323.67 Analyst x3 5,084.61
2023 5,616.00 Analyst x1 4,198.99
2024 10,000.00 Analyst x1 6,952.60
2025 12,343.83 Est @ 23.44% 7,980.43
2026 14,377.50 Est @ 16.48% 8,643.50
2027 16,045.45 Est @ 11.6% 8,969.89
2028 17,359.43 Est @ 8.19% 9,024.03
2029 18,366.42 Est @ 5.8% 8,878.07
Present value of next 10 years cash flows ¥59,230.00
DB:2KT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ¥18,366.42 × (1 + 0.23%) ÷ (7.54% – 0.23%)
¥251,749.90
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥251,749.90 ÷ (1 + 7.54%)10
¥121,692.43
DB:2KT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥59,230.00 + ¥121,692.43
¥180,922.43
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥180,922.43 / 54.35
¥3328.68
DB:2KT Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:2KT represents 0.00825x of TSE:9025
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00825x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 3,328.68 x 0.00825
€27.46
Value per share (EUR) From above. €27.46
Current discount Discount to share price of €13.70
= -1 x (€13.70 - €27.46) / €27.46
50.1%

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

Current Discount
Amount off the current price Konoike Transport is available for.
Intrinsic value
>50%
Share price is €13.7 vs Future cash flow value of €27.46
Current Discount Checks
For Konoike Transport to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Konoike Transport's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Konoike Transport'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 Konoike Transport's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Konoike Transport's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:2KT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in JPY ¥117.11
TSE:9025 Share Price ** TSE (2019-11-20) in JPY ¥1661
Europe Logistics Industry PE Ratio Median Figure of 24 Publicly-Listed Logistics Companies 16.43x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.86x

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

** Primary Listing of Konoike Transport.

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

= TSE:9025 Share Price ÷ EPS (both in JPY)

= 1661 ÷ 117.11

14.18x

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

  • Konoike Transport is good value based on earnings compared to the Europe Logistics industry average.
  • Konoike Transport is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Konoike Transport's expected growth come at a high price?
Raw Data
DB:2KT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
8.8%per year
Europe Logistics Industry PEG Ratio Median Figure of 14 Publicly-Listed Logistics Companies 1.74x
Germany Market PEG Ratio Median Figure of 259 Publicly-Listed Companies 1.37x

*Line of best fit is calculated by linear regression .

DB:2KT PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.18x ÷ 8.8%

1.61x

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

  • Konoike Transport is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Konoike Transport's assets?
Raw Data
DB:2KT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in JPY ¥1,813.25
TSE:9025 Share Price * TSE (2019-11-20) in JPY ¥1661
Europe Logistics Industry PB Ratio Median Figure of 28 Publicly-Listed Logistics Companies 2.51x
Germany Market PB Ratio Median Figure of 578 Publicly-Listed Companies 1.87x
DB:2KT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:9025 Share Price ÷ Book Value per Share (both in JPY)

= 1661 ÷ 1,813.25

0.92x

* Primary Listing of Konoike Transport.

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

  • Konoike Transport is good value based on assets compared to the Europe Logistics industry average.
X
Value checks
We assess Konoike Transport'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 Logistics 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 Logistics industry average (and greater than 0)? (1 check)
  5. Konoike Transport 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.

2KT Future Performance

 How is Konoike Transport expected to perform in the next 1 to 3 years based on estimates from 3 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
8.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Konoike Transport expected to grow at an attractive rate?
  • Konoike Transport's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Konoike Transport's earnings growth is positive but not above the Germany market average.
  • Konoike Transport's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:2KT Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:2KT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 8.8%
DB:2KT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 3.6%
Europe Logistics Industry Earnings Growth Rate Market Cap Weighted Average 12.7%
Europe Logistics Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.9%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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:2KT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:2KT Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31 336,333 18,489 8,633 3
2021-03-31 325,667 16,345 8,150 3
2020-03-31 313,567 14,790 7,550 3
2019-11-20
DB:2KT Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-09-30 307,021 6,678 6,496
2019-06-30 299,917 6,484
2019-03-31 294,158 5,808 6,289
2018-12-31 287,144 7,347
2018-09-30 283,372 17,768 6,712
2018-06-30 281,724 7,167
2018-03-31 276,761 14,351 7,042
2017-12-31 271,456 7,709
2017-09-30 265,579 11,870 7,396
2017-06-30 260,570 7,026
2017-03-31 258,332 16,508 7,310
2016-12-31 257,244 6,647

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Konoike Transport's earnings are expected to grow by 8.8% yearly, however this is not considered high growth (20% yearly).
  • Konoike Transport's revenue is expected to grow by 3.6% 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:2KT 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 3 Analyst Estimates (S&P Global) See Below

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

DB:2KT Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31 158.80 162.30 155.90 3.00
2021-03-31 149.90 151.80 148.80 3.00
2020-03-31 137.60 141.80 134.30 3.00
2019-11-20
DB:2KT Past Financials Data
Date (Data in JPY Millions) EPS *
2019-09-30 117.11
2019-06-30 115.90
2019-03-31 111.62
2018-12-31 129.66
2018-09-30 118.12
2018-06-30 125.90
2018-03-31 123.69
2017-12-31 135.42
2017-09-30 129.93
2017-06-30 123.45
2017-03-31 128.45
2016-12-31 116.81

*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.
  • Konoike Transport is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Konoike Transport'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Konoike Transport 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.

2KT Past Performance

  How has Konoike Transport 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 Konoike Transport's growth in the last year to its industry (Logistics).
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.
  • Konoike Transport's year on year earnings growth rate has been positive over the past 5 years.
  • Konoike Transport's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Konoike Transport's 1-year earnings growth is negative, it can't be compared to the Europe Logistics industry average.
Earnings and Revenue History
Konoike Transport'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 Konoike Transport Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2KT Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 307,021.00 6,496.00 15,607.00
2019-06-30 299,917.00 6,484.00 15,030.00
2019-03-31 294,158.00 6,289.00 14,606.00
2018-12-31 287,144.00 7,347.00 13,687.00
2018-09-30 283,372.00 6,712.00 13,505.00
2018-06-30 281,724.00 7,167.00 13,396.00
2018-03-31 276,761.00 7,042.00 13,180.00
2017-12-31 271,456.00 7,709.00 12,974.00
2017-09-30 265,579.00 7,396.00 13,066.00
2017-06-30 260,570.00 7,026.00 12,792.00
2017-03-31 258,332.00 7,310.00 12,706.00
2016-12-31 257,244.00 6,647.00 12,687.00
2016-09-30 256,546.00 7,288.00 12,232.00
2016-06-30 255,221.00 7,018.00 12,354.00
2016-03-31 252,550.00 6,411.00 12,305.00
2015-12-31 251,510.00 6,644.00 12,327.00
2015-09-30 249,927.00 5,844.00 12,268.00
2015-06-30 247,734.00 5,622.00 11,828.00
2015-03-31 244,982.00 5,439.00 11,501.00
2014-12-31 242,031.00 5,052.00 11,285.00
2014-09-30 237,983.00 4,767.00 11,137.00
2014-06-30 233,946.00 4,500.00 11,037.00
2014-03-31 231,504.00 4,369.00 11,080.00
2013-12-31 228,673.00 4,306.00 11,049.00
2013-09-30 226,608.00 4,179.00 10,960.00
2013-06-30 226,974.00 4,110.00 10,973.00
2013-03-31 227,749.00 3,978.00 10,802.00

*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.
  • Konoike Transport has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Konoike Transport used its assets less efficiently than the Europe Logistics industry average last year based on Return on Assets.
  • Konoike Transport's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Konoike Transport'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 Logistics 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.
Konoike Transport has a total score of 1/6, 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.

2KT Health

 How is Konoike Transport'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 Konoike Transport's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Konoike Transport is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Konoike Transport's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Konoike Transport'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 2x 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 Konoike Transport Company Filings, last reported 1 month ago.

DB:2KT Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 102,005.00 42,209.00 21,137.00
2019-06-30 101,772.00 40,441.00 22,932.00
2019-03-31 101,563.00 41,328.00 22,499.00
2018-12-31 104,847.00 39,305.00 21,833.00
2018-09-30 104,116.00 38,555.00 31,026.00
2018-06-30 101,720.00 38,597.00 31,399.00
2018-03-31 101,162.00 38,883.00 30,039.00
2017-12-31 101,089.00 42,500.00 28,122.00
2017-09-30 99,013.00 42,417.00 27,395.00
2017-06-30 96,315.00 42,452.00 28,128.00
2017-03-31 95,347.00 42,616.00 32,466.00
2016-12-31 91,818.00 44,482.00 26,866.00
2016-09-30 89,544.00 36,592.00 19,510.00
2016-06-30 88,592.00 42,684.00 25,658.00
2016-03-31 88,594.00 39,363.00 20,307.00
2015-12-31 88,832.00 47,979.00 24,326.00
2015-09-30 87,526.00 40,956.00 21,716.00
2015-06-30 86,008.00 42,375.00 23,131.00
2015-03-31 84,742.00 42,368.00 26,746.00
2014-12-31 82,212.00 46,559.00 23,537.00
2014-09-30 79,814.00 38,644.00 16,265.00
2014-06-30 78,264.00 41,805.00 20,621.00
2014-03-31 74,997.00 38,865.00 19,064.00
2013-12-31 76,266.00 43,044.00 19,061.00
2013-09-30 75,155.00 43,090.00 21,905.00
2013-06-30 73,075.00 43,368.00 17,015.00
2013-03-31 70,752.00 44,553.00 19,969.00
  • Konoike Transport's level of debt (41.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (48.5% vs 41.4% today).
  • Debt is not well covered by operating cash flow (15.8%, less than 20% of total debt).
  • Konoike Transport earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Konoike Transport'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. Konoike Transport has a total score of 4/6, 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.

2KT Dividends

 What is Konoike Transport'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
2.17%
Current annual income from Konoike Transport dividends. Estimated to be 2.37% next year.
If you bought €2,000 of Konoike Transport shares you are expected to receive €43 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?
  • Konoike Transport's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.35%).
  • Konoike Transport's dividend is below the markets top 25% of dividend payers in Germany (3.7%).
Upcoming dividend payment

Purchase Konoike Transport 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:2KT 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 3 Analyst Estimates (S&P Global) See Below
Europe Logistics Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 2.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.3%
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:2KT Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31 42.00 3.00
2021-03-31 40.00 3.00
2020-03-31 36.00 3.00
2019-11-20
DB:2KT Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-06-27 36.000 2.169
2019-05-09 36.000 2.136
2019-02-13 36.000 1.995
2018-11-12 36.000 2.168
2018-06-28 36.000 2.037
2018-05-15 36.000 2.014
2018-02-13 36.000 1.931
2017-11-14 36.000 1.868
2017-11-13 36.000 1.935
2017-06-29 36.000 2.253
2017-05-15 36.000 2.343
2017-02-14 35.000 2.406
2016-11-14 35.000 2.299
2016-11-11 35.000 2.437
2016-06-24 35.000 2.780
2016-05-10 35.000 2.947
2016-02-12 33.000 2.597
2016-02-09 33.000 2.516
2015-11-12 33.000 2.213
2015-11-11 33.000 2.178
2015-06-30 33.000 2.267
2015-06-25 33.000 2.241
2015-05-11 33.000 2.246
2015-02-13 22.500 1.787
2015-02-10 22.500 1.919
2014-11-14 22.500 1.952
2014-11-11 22.500 2.098
2014-08-08 22.500 2.139
2014-06-26 22.500 2.278
2014-05-09 22.500 2.538
2014-02-14 15.000 1.978
2014-02-10 15.000 2.111
2013-11-14 15.000 1.967
2013-11-07 15.000 1.918
2013-08-08 7.500 1.004
2013-06-26 5.000 0.744
2013-05-10 7.500 1.115

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

  • Whilst dividend payments have been stable, Konoike Transport has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Konoike Transport only paid a dividend in the past 7 years.
Current Payout to shareholders
What portion of Konoike Transport's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (6.5x 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 Konoike Transport'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 Konoike Transport afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Konoike Transport has a total score of 2/6, see the detailed checks below.


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

2KT Management

 What is the CEO of Konoike Transport'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
Tadahiko Konoike
AGE 66
TENURE AS CEO 16.4 years
CEO Bio

Mr. Tadahiko Konoike has been the President of Konoike Transport Co., Ltd. since June 2003 and has been Chief Executive Officer since April 1, 2018 and also served as its Managing Director, Senior Managing Director and Vice President since December 1993, since December 1987 and since December 1989 respectively. Mr. Konoike serves as Executive Director of Konoike Transport Co., Ltd. and served as its Representative Director since December 1989.

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

Average tenure of the Konoike Transport management team in years:

3.3
Average Tenure
  • The tenure for the Konoike Transport management team is about average.
Management Team

Takashi Tsuji

TITLE
Chairman of the Board
AGE
49

Tadahiko Konoike

TITLE
President
AGE
66
TENURE
16.4 yrs

Kazuki Uenoyama

TITLE
Executive Officer & Executive GM of International General Headquarters

Toshikata Kawashima

TITLE
Managing Executive Officer & Executive GM of Food Division
TENURE
3.3 yrs

Yoshikazu Tabo

TITLE
Managing Executive Officer & Executive GM of Airport Division

Eiji Nakayama

TITLE
Managing Executive Officer & Chief Sales Officer
TENURE
3.3 yrs

Makoto Kanzaki

TITLE
Executive Officer & Deputy Executive GM of Sales Division
TENURE
3.3 yrs

Tetsuro Takeshima

TITLE
Managing Executive Officer & Chief Administrative Officer

Minoru Amano

TITLE
Executive Officer & Executive General Manager of India Headquarters
TENURE
3.3 yrs

Koji Shoda

TITLE
Executive Officer & Executive GM of Steel Division
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure and age of the Konoike Transport board of directors in years:

8.7
Average Tenure
68
Average Age
  • The tenure for the Konoike Transport board of directors is about average.
Board of Directors

Takashi Tsuji

TITLE
Chairman of the Board
AGE
49
TENURE
19.4 yrs

Tadahiko Konoike

TITLE
President
AGE
66
TENURE
29.9 yrs

Tadatsugu Konoike

TITLE
Senior Managing Executive Officer

Yoshinori Mizutani

TITLE
Assistant to the President & Director
AGE
68
TENURE
10.4 yrs

Tadayoshi Shimizu

TITLE
Assistant to the President & Representative Director
AGE
68
TENURE
6.4 yrs

Naoki Kimura

TITLE
External Director
AGE
71

Kishichiro Amae

TITLE
External Director
AGE
76
TENURE
8.7 yrs

Mika Masuyama

TITLE
External Director
TENURE
0.8 yrs

Akio Fujii

TITLE
Audit & Supervisory Board Member
AGE
63

Haruo Funabashi

TITLE
External Audit & Supervisory Board Member
AGE
73
TENURE
2.1 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 Konoike Transport'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. Konoike Transport 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.

2KT News

Simply Wall St News

2KT Company Info

Description

Konoike Transport Co., Ltd. provides logistics services in Japan and internationally. The company offers logistics services, such as transportation and delivery services, storage and warehouse services, and temperature-controlled logistics services, as well as distribution processing services for apparel, food, promotional goods, etc. It provides contracting services in steel, food products, chemical, medical, and airport industries. Konoike Transport Co., Ltd. was founded in 1880 and is headquartered in Osaka, Japan.

Details
Name: Konoike Transport Co., Ltd.
2KT
Exchange: DB
Founded: 1880
¥750,656,000
54,352,641
Website: http://www.konoike.net
Address: Konoike Transport Co., Ltd.
4-3-9 Fushimimachi,
Chuo-Ku,
Osaka,
541-0044,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 9025 Common Shares The Tokyo Stock Exchange JP JPY 15. Mar 2013
DB 2KT Common Shares Deutsche Boerse AG DE EUR 15. Mar 2013
Number of employees
Current staff
Staff numbers
15,228
Konoike Transport employees.
Industry
Air Freight and Logistics
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/20 21:45
End of day share price update: 2019/11/20 00:00
Last estimates confirmation: 2019/11/11
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.