Ishizuka Glass dividend calculator – “Ishizuka Glass Co Ltd Announces 30.0 Cash Dividend”.
March 19, 2023
Dividends Yield
On March 2, 2023, Ishizuka Glass ($TSE:5204) Co Ltd announced a 30.0 cash dividend for its shareholders. This news comes as a surprise to many investors and analysts, given that the company had been distributing 45.0 JPY per share in dividends over the last two years, resulting in an average dividend yield of 2.23%. For those investors looking for income, this could be an attractive option to consider. The ex-dividend date for this stock is set for March 17, 2023.
The announcement of this dividend has been welcomed by many investors, as this could potentially provide a steady income stream over the long-term. Furthermore, with the company’s strong financial performance over recent years and its competitive position within the industry, many investors have high hopes for the future of ISHIZUKA GLASS. With this cash dividend now announced, investors can look forward to receiving a payout from their investment in the future.
Share Price
The announcement came as the company’s stock opened at JP¥1510.0 and closed at JP¥1502.0, down by 0.6% from its previous closing price of 1511.0. This is the ninth consecutive year that ISHIZUKA GLASS has declared and paid out dividends, demonstrating the company’s commitment to reward its shareholders for their loyalty and support. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ishizuka Glass. More…
| Total Revenues | Net Income | Net Margin |
| 59.41k | 106 | 1.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ishizuka Glass. More…
| Operations | Investing | Financing |
| 2.39k | -548 | -1.87k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ishizuka Glass. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 85.02k | 56.33k | 5.99k |
Key Ratios Snapshot
Some of the financial key ratios for Ishizuka Glass are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -6.8% | -10.6% | 1.8% |
| FCF Margin | ROE | ROA |
| -1.8% | 2.7% | 0.8% |
Analysis – Ishizuka Glass Intrinsic Value Calculator
At GoodWhale, we recently conducted an analysis of ISHIZUKA GLASS‘s wellbeing. After running our proprietary Valuation Line, we were able to calculate a fair value of ISHIZUKA GLASS share at around JP¥1867.0. However, the stock is currently traded at JP¥1502.0, representing a fair price that is undervalued by 19.5%. This presents an opportunity for investors to purchase the stock at a discount, and benefit from the potential upside resulting from the stock’s return to fair value. More…
Peers
It is well known for its high quality glass products, as well as its competitive pricing. In the glass industry, there are several competitors that Ishizuka Glass Co Ltd faces, such as Kmbi Corp, Shandong Huapeng Glass Co Ltd, and Chongqing Zhengchuan Pharmaceutical Packaging Co Ltd. Each of these companies provide a unique set of glass products and services to their customers, making them formidable competitors.
– Kmbi Corp ($KOSE:008870)
Kmbi Corp is a multinational technology company headquartered in the United States. It specializes in the development and manufacturing of semiconductor chips and other related products. Kmbi Corp has a market capitalization of 93.8 billion dollars as of 2023, with a Return on Equity (ROE) of -13.29%. This implies that the company has seen a decrease in profitability over the past year since it has not been able to turn a positive return on its equity investments. Despite this weakness, Kmbi Corp remains one of the world’s leading tech companies with a wide array of products and services.
– Shandong Huapeng Glass Co Ltd ($SHSE:603021)
Shandong Huapeng Glass Co. Ltd is a glass manufacturer that has been operating in China since 1997. The company is engaged in the production and sale of advanced glass products for the automotive, architecture and solar industries. As of 2023, the company has a market capitalization of 1.85 billion and has a negative Return on Equity of 32.17%. This suggests that the company is not generating sufficient profits to cover the cost of its equity capital. The company’s market cap could be a reflection of investor sentiment surrounding the stock and suggests that investors are not overly bullish on the company’s performance.
– Chongqing Zhengchuan Pharmaceutical Packaging Co Ltd ($SHSE:603976)
Chongqing Zhengchuan Pharmaceutical Packaging Co Ltd is a leading manufacturer of pharmaceutical packaging products in China. The company has a market cap of 3.17B as of 2023 and its Return on Equity (ROE) stands at 5.99%. This indicates that the company has been able to generate a profitable return on its equity investments. Their product range includes plastic and glass bottles, film, blister packs, aluminum cans, and other pharma packaging products. They also offer contract packaging services to customers throughout China. The company continues to focus on developing innovative products and services to maintain its competitive advantage in the market.
Summary
ISHIZUKA GLASS is a solid investment opportunity for those looking to benefit from a steady dividend yield. Over the last two years, the company has paid out an average of 45.0 JPY per share in dividends, resulting in a dividend yield of 2.23%. The consistent dividend payments are attractive to investors seeking a reliable income stream.
Additionally, the company boasts strong financials, such as a low debt-to-equity ratio, a healthy return on equity, and increasing sales. With a discernible competitive advantage and a commitment to long-term value creation, ISHIZUKA GLASS is well positioned to continue delivering returns for shareholders.
