Sumitomo Electric Industries dividend calculator – Sumitomo Electric Industries Ltd Declares 25.0 Cash Dividend
March 25, 2023
Dividends Yield
On March 2, 2023, Sumitomo Electric Industries ($TSE:5802) Ltd declared a 25.0 cash dividend. This makes it a noteworthy stock for dividend investors who are looking for companies that have the potential to generate steady income. Over the past 3 years, the company has paid an annual dividend per share of 50.0 JPY, 50.0 JPY, and 32.0 JPY, which yields an impressive dividend yield of 3.32%, 3.13%, and 2.81%, respectively from 2021 to 2023 with an average dividend yield of 3.09%. The ex-dividend date for this stock is March 30, 2023, so those who want to receive the dividend should ensure that they purchase the stock before then.
Stock Price
The stock opened at JP¥1696.5 and closed at JP¥1691.0, up by 0.1% from last closing price of 1690.0. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sumitomo Electric Industries. More…
| Total Revenues | Net Income | Net Margin |
| 3.84M | 100.24k | 2.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sumitomo Electric Industries. More…
| Operations | Investing | Financing |
| 152.98k | -165.45k | 82.82k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sumitomo Electric Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.97M | 1.86M | 2.34k |
Key Ratios Snapshot
Some of the financial key ratios for Sumitomo Electric Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.8% | 1.2% | 4.8% |
| FCF Margin | ROE | ROA |
| -0.8% | 6.3% | 2.9% |
Analysis – Sumitomo Electric Industries Intrinsic Stock Value
At GoodWhale, we have conducted a thorough analysis of SUMITOMO ELECTRIC INDUSTRIES financials and have come to the conclusion that its intrinsic value is around JP¥1713.4. This is calculated through our proprietary Valuation Line. Currently, SUMITOMO ELECTRIC INDUSTRIES stock is traded at JP¥1691.0, a fair price that is only 1.3% undervalued. This a great opportunity for investors looking to get into this company as it is trading at a slight discount. More…
Peers
Sumitomo Electric Industries Ltd has been facing stiff competition from some of the leading players in the industry, such as Thai Steel Cable PCL, Ningbo KBE Electrical Technology Co Ltd, and Chuo Spring Co Ltd. These companies have all been competing fiercely in terms of product quality, pricing, and customer service. As such, Sumitomo Electric Industries Ltd has been forced to constantly innovate and improve its offerings in order to stay competitive.
– Thai Steel Cable PCL ($SET:TSC)
Thai Steel Cable PCL is a publicly listed company in Thailand that manufactures and distributes a variety of steel cables and related products. Its market cap is 3.56 billion as of 2023, which reflects the company’s financial stability and market presence. The Return on Equity (ROE) is an impressive 9.79%, which suggests that the company is generating a healthy profit from its investments. This is a testament to the company’s efficient management, and its ability to maximize returns on its investments.
– Ningbo KBE Electrical Technology Co Ltd ($SZSE:300863)
Ningbo KBE Electrical Technology Co Ltd is a leading manufacturer of high-quality electrical components, systems, and solutions. The company has a market cap of 5.49B as of 2023, which reflects its strong financial performance and its position as a trusted industry leader in the electrical technology sector. In addition to its impressive market capitalization, the company has a Return on Equity (ROE) of 15.7%, indicating that it is successfully reinvesting profits back into the business. This demonstrates the company’s commitment to strong financial performance and long-term growth.
– Chuo Spring Co Ltd ($TSE:5992)
Chuo Spring Co Ltd is a global automotive parts manufacturer based in Japan. It has a market capitalization of 17.34B as of 2023, which is indicative of the company’s strong financial performance and potential for future growth. Additionally, Chuo Spring Co Ltd’s Return on Equity (ROE) of 4.59% reflects its ability to generate profits for investors. The company produces a variety of components for passenger cars, commercial vehicles, and industrial machinery, including leaf springs, coil springs, stabilizers, and other parts. It also provides engineering and design services to meet the needs of its customers.
Summary
SUMITOMO ELECTRIC INDUSTRIES is a good dividend stock for investors. The company has paid an annual dividend per share of 50.0 JPY, 50.0 JPY, and 32.0 JPY for the past three years, yielding 3.32%, 3.13%, and 2.81% returns from 2021 to 2023, with an average dividend yield of 3.09%. This dividend is attractive for investors looking for steady income from their investments. Analyzing the company’s financials and looking at potential risks associated with the investments should be part of the investing process.
