Kyocera Corporation Intrinsic Value – KYOCERA CORPORATION Reports FY2023 Q3 Earnings Results on December 31, 2022.
February 14, 2023
Earnings report
Kyocera Corporation Intrinsic Value – KYOCERA CORPORATION ($TSE:6971), a leading Japanese manufacturer of industrial and consumer products, reported its FY2023 Q3 earnings results on December 31, 2022. The company revealed total revenue of JPY 43.2 billion, a 7.3% decrease compared to the same period in the prior year. Despite this decline in revenue, net income rose 7.3% year over year to JPY 514.3 billion. The company manufactures a wide range of ceramic and electronic products including printers, photocopiers, digital cameras, electronic components, and semiconductors. The company’s fiscal year 2022 was marked by several strategic initiatives to increase profitability. KYOCERA CORPORATION implemented cost reduction measures and developed new products to meet the changing needs of its customers. In addition, the company invested heavily in research and development activities to enhance its competitive advantage. Despite these efforts, the company’s total revenue still decreased in FY2023 Q3.
However, due to cost optimization efforts and effective pricing strategies, net income grew significantly year over year. This increase was partially offset by foreign exchange losses incurred in certain countries, but overall net income rose by 7.3%. KYOCERA CORPORATION’s management was pleased with the results as they showed a clear improvement from the prior year. Going forward, the company plans to continue its cost reduction strategies and focus on new product development to further strengthen its financial performance.
In addition, the company will remain committed to sustainability and work to reduce its environmental footprint.
Market Price
On Friday, the stock opened at JP¥6650.0 and closed at JP¥6593.0, up by 0.7% from prior closing price of 6550.0. This year has seen a steady growth in the company’s stock price, however, with the release of the third-quarter earnings report, the stock was able to reach a new high. This was attributed to strong demand for its products and services in the consumer and industrial markets. The company also reported a significant increase in its capital investments during the period. Given the strong performance in FY2023 Q3, the company is optimistic that it will continue to grow in the coming quarters.
It is also confident that its investments in new technologies and products will enable it to maintain its lead in the market. In conclusion, the company’s third-quarter results show that it is on the right track to achieve its goals for FY2023. Its focus on new technologies, its capital investments and its strong demand from the consumer and industrial markets are all contributing factors to its success. As such, investors can expect to see further gains in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Kyocera Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 2.01M | 147.36k | 7.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Kyocera Corporation. More…
| Operations | Investing | Financing |
| 145.87k | -143.62k | -66.83k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kyocera Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.99M | 995.45k | 8.58k |
Key Ratios Snapshot
Some of the financial key ratios for Kyocera Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.8% | 3.8% | 10.0% |
| FCF Margin | ROE | ROA |
| -1.7% | 4.2% | 3.2% |
Analysis – Kyocera Corporation Intrinsic Value
GoodWhale has conducted an analysis of KYOCERA CORPORATION‘s wellbeing and concluded that the fair value of its stock is around JP¥7929.5. This figure was determined by GoodWhale’s proprietary Valuation Line, which combines a wide range of metrics to come up with an accurate estimate. Currently, KYOCERA CORPORATION stock is trading at JP¥6593.0, which is significantly lower than the fair value. This means that the stock is currently undervalued by 16.9%. For investors seeking an opportunity to buy low and sell high, this presents an attractive option. KYOCERA CORPORATION is a Japanese multinational information technology equipment and services corporation that specializes in ceramics, electronics, semiconductors, and telecommunications. The company has a long history of innovation and success, making it a popular target for investors around the world. As such, many are eager to take advantage of the current opportunity presented by the company’s undervalued stock. Investing in KYOCERA CORPORATION now could be a lucrative move for those seeking to capitalize on the current market conditions. More…
Peers
Kyocera competes in the market with Murata Manufacturing Co Ltd, Universal Microelectronics Co Ltd, and Taiyo Yuden Co Ltd, all of which are major players in the electronics industry. These companies are known for providing quality products and services to their customers.
– Murata Manufacturing Co Ltd ($TSE:6981)
Murata Manufacturing Co Ltd is a leading global manufacturer of electronic components, modules, and devices. Founded in 1944, the company has grown to become one of the world’s largest suppliers of ceramic passive components, inductors, and other electronics. As of 2023, the company has a market cap of 4.72T and a Return on Equity of 9.75%. This indicates that the company has been successful in creating value for its shareholders by generating high returns on the money they have invested in the company. Murata Manufacturing Co is well known for its innovative products and technology which are used in a wide variety of applications including consumer electronics, automotive, and industrial markets.
– Universal Microelectronics Co Ltd ($TWSE:2413)
Universal Microelectronics Co Ltd is a leading provider of electronic components and solutions for the consumer, industrial, and automotive markets. The company has a market capitalization of 3.65B as of 2023, indicating its substantial size and value. Additionally, the company has earned a Return on Equity of 10.07%, demonstrating its ability to generate a high return on investments. This is largely attributed to the company’s ability to consistently produce innovative solutions that meet the needs of its customers.
– Taiyo Yuden Co Ltd ($TSE:6976)
Tokyo Yuden Co Ltd is a Japanese electronics manufacturing company that specializes in the production of electronic components and assemblies. As of 2023, the company has a market cap of 530.84 billion dollars, making it one of the largest electronics companies in the world. Additionally, Tokyo Yuden has a Return on Equity of 13.76%, indicating that it is efficiently generating a high return on its equity capital. This is likely due to their extensive experience in the manufacturing of various electronic components and assemblies.
Summary
KYOCERA CORPORATION is a Japanese multinational corporation that produces a wide range of products and services, including industrial tools and equipment, office products, mobile phones, and solar power systems. Investors may be interested in KYOCERA due to its strong financial performance in the third quarter of FY2023. Revenue decreased by 7.3% year over year, but net income increased by 7.3%, representing a substantial increase compared to the same period in the prior year. This indicates that the company is continuing to strengthen its financial position, despite the economic pressures of the pandemic.
Additionally, KYOCERA holds a strong presence in the Japanese market, which could provide a steady stream of revenue in the long term. Overall, investors may find KYOCERA an interesting company to consider for their portfolio, due to its consistent growth and strong presence in its home market.
