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3407 - Asahi Kasei Share Price

¥917.1 40.3  4.6%

Last Trade - 2:30am

Sector
Basic Materials
Size
Large Cap
Market Cap £8.80bn
Enterprise Value £12.63bn
Revenue £15.23bn
Position in Universe 103rd / 3861
Bullish
Bearish
Unlock 3407 Revenue
Momentum
Relative Strength (%)
1m +7.03%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -32.3%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
1,986,405 1,940,914 1,882,991 2,042,216 2,170,403 2,151,646 2,003,497 2,082,203 +1.6%
+25.9 +0.2 +16.5 +37.3 -7.0 -14.6 -45.1 +28.0
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 30 June 2020, Asahi Kasei Corp revenues decreased 9% to Y455.16B. Net income applicable to common stockholders decreased 44% to Y13.59B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects SP Business restructuring losses increase from Y88M to Y3.13B (expense), SP Disposal-Fixed Asset increase of 66% to Y1.65B (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

ASAHI KASEI CORPORATION is mainly engaged in material business, housing business and others. The Company operates in three business segments. The Materials segment includes fiber business, including capra fiber, polyurethane fiber, nonwoven fabric, nylon 66 fiber, chemical business, including petrochemicals, high performance polymer, high performance materials and consumer goods, separators for lithium secondary batteries, separators for lead storage batteries, mixed signal LSI and other electronic businesses. The Housing segment includes housing business, such as construction contracting, real estate, renovation, and other housing related businesses, and the building materials business, including lightweight aerated concrete, heat insulation materials, foundation piles, structural materials. The Healthcare segment consists of pharmaceuticals such as medical drugs and diagnostics, medical business and critical care business. It also includes engineering, staffing business and others.

Directors
Last Annual March 31st, 2020
Last Interim June 30th, 2020
Incorporated May 21, 1931
Public Since May 16, 1949
No. of Shareholders: 111,468
No. of Employees: 40,689
Sector Basic Materials
Industry Chemicals
Index Nikkei 225 , Nikkei 300 ,
Exchange Tokyo Stock Exchange
Shares in Issue 1,387,491,142
Free Float (0.0%)
Eligible for
ISAs
SIPPs
3407 Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for 3407
Upcoming Events for 3407
Wednesday 4th November, 2020 Estimate
Q2 2021 Asahi Kasei Corp Earnings Release
Friday 5th February, 2021 Estimate
Q3 2021 Asahi Kasei Corp Earnings Release
Frequently Asked Questions for Asahi Kasei
What is the Asahi Kasei share price?

As of 2:30am, shares in Asahi Kasei are trading at ¥917.1, giving the company a market capitalisation of £8.80bn. This share price information is delayed by 15 minutes.

How has the Asahi Kasei share price performed this year?

Shares in Asahi Kasei are currently trading at ¥917.1 and the price has moved by -6.43% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Asahi Kasei price has moved by -14.29% over the past year.

What are the analyst and broker recommendations for Asahi Kasei?

Of the analysts with advisory recommendations for Asahi Kasei, there are there are currently 0 "buy" , 9 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Asahi Kasei is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Asahi Kasei next release its financial results?

Asahi Kasei is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Asahi Kasei dividend yield?

The Asahi Kasei dividend yield is 3.88% based on the trailing twelve month period.

Does Asahi Kasei pay a dividend?

Last year, Asahi Kasei paid a total dividend of 34, and it currently has a trailing dividend yield of 3.88%. Looking ahead, Asahi Kasei has not announced an ex-dividend date yet.

When does Asahi Kasei next pay dividends?

Asahi Kasei has yet to annouce their ex-dividend date. The historic dividend yield on Asahi Kasei shares is currently 3.88%.

How do I buy Asahi Kasei shares?

To buy shares in Asahi Kasei you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Asahi Kasei?

Shares in Asahi Kasei are currently trading at ¥917.1, giving the company a market capitalisation of £8.80bn.

Where are Asahi Kasei shares listed? Where are Asahi Kasei shares listed?

Here are the trading details for Asahi Kasei:

Country of listing: Japan
Exchange: TYO
Ticker Symbol: 3407
What kind of share is Asahi Kasei?

Based on an overall assessment of its quality, value and momentum, Asahi Kasei is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Asahi Kasei share price forecast 2020?

Shares in Asahi Kasei are currently priced at ¥917.1. At that level they are trading at 5.5% discount to the analyst consensus target price of 0.00.

Analysts covering Asahi Kasei currently have a consensus Earnings Per Share (EPS) forecast of 61.033 for the next financial year.

How can I tell whether the Asahi Kasei share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Asahi Kasei. Over the past six months, the relative strength of its shares against the market has been -14.82%. At the current price of ¥917.1, shares in Asahi Kasei are trading at -10.17% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Asahi Kasei PE Ratio?

The Asahi Kasei PE ratio based on its reported earnings over the past 12 months is 8.29. The shares are currently trading at ¥917.1.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Asahi Kasei?

Asahi Kasei's management team is headed by:

Yutaka Shibata - EVP
Hideki Kobori - PRE
Masafumi Nakao - EVP
Masumi Shiraishi - IND
Shuichi Sakamoto - SME
Nobuyuki Kakizawa - MEO
Richard Packer - SME
Shigeki Takayama - EVP
Kenji Hamai - SME
Hiroshi Yoshida - EVP
Soichiro Hashizume - MEO
Tsuneyoshi Tatsuoka - IND
Fumitoshi Kawabata - SME
Tsuyoshi Okamoto - IND
Satoru Tamura - MEO
Who are the major shareholders of Asahi Kasei?

Here are the top five shareholders of Asahi Kasei based on the size of their shareholding:

Capital Research Global Investors Investment Advisor
Percentage owned: 5.69% (79.3m shares)
Nippon Life Insurance Company Insurance Company
Percentage owned: 4.19% (58.4m shares)
Asset Management One Co., Ltd. Investment Advisor/Hedge Fund
Percentage owned: 3.77% (52.5m shares)
Capital World Investors Investment Advisor
Percentage owned: 3.56% (49.6m shares)
Nomura Asset Management Co., Ltd. Investment Advisor
Percentage owned: 3.45% (48.1m shares)
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