Kureha Corporation Logo

Kureha Corporation

4023.T

(3.5)
Stock Price

2.748,00 JPY

3.81% ROA

4.35% ROE

4.75x PER

Market Cap.

162.048.444.480,00 JPY

13.07% DER

9.55% Yield

5.39% NPM

Kureha Corporation Stock Analysis

Kureha Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Kureha Corporation Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.79x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a low debt to equity ratio (14%), which means it has a small amount of debt compared to the ownership it holds

3 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

4 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

5 ROE

ROE in an average range (7.97%) suggests satisfactory profitability and decent utilization of shareholders' equity.

6 ROA

The stock's ROA (5.89%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

7 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

8 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

9 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

10 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (106.557), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Kureha Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Kureha Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Kureha Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Kureha Corporation Revenue
Year Revenue Growth
2004 130.400.000.000
2005 135.627.000.000 3.85%
2006 146.255.000.000 7.27%
2007 149.775.000.000 2.35%
2008 143.741.000.000 -4.2%
2009 134.606.000.000 -6.79%
2010 132.309.000.000 -1.74%
2011 128.358.000.000 -3.08%
2012 130.550.000.000 1.68%
2013 148.124.000.000 11.86%
2014 150.182.000.000 1.37%
2015 142.549.000.000 -5.35%
2016 132.294.000.000 -7.75%
2017 147.329.000.000 10.21%
2018 148.265.000.000 0.63%
2019 142.398.000.000 -4.12%
2020 144.575.000.000 1.51%
2021 168.341.000.000 14.12%
2022 191.277.000.000 11.99%
2023 178.920.000.000 -6.91%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Kureha Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 5.270.000.000 100%
2019 5.995.000.000 12.09%
2020 5.561.000.000 -7.8%
2021 5.649.000.000 1.56%
2022 6.494.000.000 13.01%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Kureha Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 26.632.000.000 100%
2017 27.193.000.000 2.06%
2018 28.051.000.000 3.06%
2019 28.105.000.000 0.19%
2020 25.438.000.000 -10.48%
2021 27.521.000.000 7.57%
2022 31.973.000.000 13.92%
2023 32.568.000.000 1.83%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Kureha Corporation EBITDA
Year EBITDA Growth
2004 17.829.000.000
2005 17.352.000.000 -2.75%
2006 21.504.000.000 19.31%
2007 23.227.000.000 7.42%
2008 19.598.000.000 -18.52%
2009 17.274.000.000 -13.45%
2010 16.669.000.000 -3.63%
2011 18.332.000.000 9.07%
2012 16.350.000.000 -12.12%
2013 22.295.000.000 26.67%
2014 24.392.000.000 8.6%
2015 22.437.000.000 -8.71%
2016 20.024.000.000 -12.05%
2017 23.474.000.000 14.7%
2018 28.134.000.000 16.56%
2019 30.696.000.000 8.35%
2020 29.639.000.000 -3.57%
2021 32.224.000.000 8.02%
2022 34.835.000.000 7.5%
2023 28.652.000.000 -21.58%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Kureha Corporation Gross Profit
Year Gross Profit Growth
2004 38.413.000.000
2005 39.439.000.000 2.6%
2006 42.344.000.000 6.86%
2007 43.580.000.000 2.84%
2008 38.548.000.000 -13.05%
2009 33.958.000.000 -13.52%
2010 33.635.000.000 -0.96%
2011 34.990.000.000 3.87%
2012 33.768.000.000 -3.62%
2013 39.090.000.000 13.61%
2014 42.468.000.000 7.95%
2015 40.280.000.000 -5.43%
2016 35.503.000.000 -13.46%
2017 40.029.000.000 11.31%
2018 43.582.000.000 8.15%
2019 42.133.000.000 -3.44%
2020 42.873.000.000 1.73%
2021 50.878.000.000 15.73%
2022 54.789.000.000 7.14%
2023 51.620.000.000 -6.14%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Kureha Corporation Net Profit
Year Net Profit Growth
2004 4.467.000.000
2005 5.171.000.000 13.61%
2006 5.833.000.000 11.35%
2007 6.096.000.000 4.31%
2008 3.373.000.000 -80.73%
2009 1.571.000.000 -114.7%
2010 692.000.000 -127.02%
2011 1.460.000.000 52.6%
2012 3.212.000.000 54.55%
2013 7.365.000.000 56.39%
2014 9.195.000.000 19.9%
2015 7.342.000.000 -25.24%
2016 7.001.000.000 -4.87%
2017 9.697.000.000 27.8%
2018 13.933.000.000 30.4%
2019 13.719.000.000 -1.56%
2020 13.493.000.000 -1.67%
2021 14.164.000.000 4.74%
2022 16.868.000.000 16.03%
2023 14.240.000.000 -18.46%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Kureha Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 234
2005 276 15.22%
2006 316 12.38%
2007 334 5.41%
2008 188 -78.07%
2009 88 -114.94%
2010 40 -123.08%
2011 85 54.12%
2012 187 54.55%
2013 429 56.31%
2014 535 20%
2015 284 -88.38%
2016 407 30.22%
2017 507 19.72%
2018 680 25.33%
2019 693 1.88%
2020 691 -0.14%
2021 726 4.69%
2022 864 16.09%
2023 753 -14.74%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Kureha Corporation Free Cashflow
Year Free Cashflow Growth
2004 360.000.000
2005 -1.529.000.000 123.54%
2006 1.796.000.000 185.13%
2007 4.969.000.000 63.86%
2008 -6.273.000.000 179.21%
2009 -2.620.000.000 -139.43%
2010 207.000.000 1365.7%
2011 -3.216.000.000 106.44%
2012 -9.284.000.000 65.36%
2013 -4.770.000.000 -94.63%
2014 -4.216.000.000 -13.14%
2015 417.000.000 1111.03%
2016 2.971.000.000 85.96%
2017 10.321.000.000 71.21%
2018 9.939.000.000 -3.84%
2019 1.501.000.000 -562.16%
2020 13.826.000.000 89.14%
2021 15.995.000.000 13.56%
2022 8.505.000.000 -88.07%
2023 6.954.000.000 -22.3%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Kureha Corporation Operating Cashflow
Year Operating Cashflow Growth
2004 12.437.000.000
2005 11.307.000.000 -9.99%
2006 13.948.000.000 18.93%
2007 14.995.000.000 6.98%
2008 11.420.000.000 -31.3%
2009 15.847.000.000 27.94%
2010 12.509.000.000 -26.68%
2011 12.144.000.000 -3.01%
2012 10.246.000.000 -18.52%
2013 14.058.000.000 27.12%
2014 12.533.000.000 -12.17%
2015 14.045.000.000 10.77%
2016 12.350.000.000 -13.72%
2017 20.178.000.000 38.79%
2018 23.377.000.000 13.68%
2019 15.150.000.000 -54.3%
2020 26.704.000.000 43.27%
2021 28.581.000.000 6.57%
2022 22.744.000.000 -25.66%
2023 10.291.000.000 -121.01%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Kureha Corporation Capital Expenditure
Year Capital Expenditure Growth
2004 12.077.000.000
2005 12.836.000.000 5.91%
2006 12.152.000.000 -5.63%
2007 10.026.000.000 -21.2%
2008 17.693.000.000 43.33%
2009 18.467.000.000 4.19%
2010 12.302.000.000 -50.11%
2011 15.360.000.000 19.91%
2012 19.530.000.000 21.35%
2013 18.828.000.000 -3.73%
2014 16.749.000.000 -12.41%
2015 13.628.000.000 -22.9%
2016 9.379.000.000 -45.3%
2017 9.857.000.000 4.85%
2018 13.438.000.000 26.65%
2019 13.649.000.000 1.55%
2020 12.878.000.000 -5.99%
2021 12.586.000.000 -2.32%
2022 14.239.000.000 11.61%
2023 3.337.000.000 -326.7%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Kureha Corporation Equity
Year Equity Growth
2004 93.062.000.000
2005 98.357.000.000 5.38%
2006 90.688.000.000 -8.46%
2007 103.407.000.000 12.3%
2008 95.622.000.000 -8.14%
2009 96.475.000.000 0.88%
2010 88.897.000.000 -8.52%
2011 87.690.000.000 -1.38%
2012 93.946.000.000 6.66%
2013 103.811.000.000 9.5%
2014 118.219.000.000 12.19%
2015 117.957.000.000 -0.22%
2016 124.297.000.000 5.1%
2017 152.040.000.000 18.25%
2018 162.167.000.000 6.24%
2019 166.623.000.000 2.67%
2020 185.520.000.000 10.19%
2021 200.724.000.000 7.57%
2022 216.773.000.000 7.4%
2023 221.234.000.000 2.02%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Kureha Corporation Assets
Year Assets Growth
2004 172.727.000.000
2005 185.203.000.000 6.74%
2006 196.106.000.000 5.56%
2007 187.349.000.000 -4.67%
2008 182.224.000.000 -2.81%
2009 184.623.000.000 1.3%
2010 181.753.000.000 -1.58%
2011 186.223.000.000 2.4%
2012 205.283.000.000 9.28%
2013 224.458.000.000 8.54%
2014 249.695.000.000 10.11%
2015 236.631.000.000 -5.52%
2016 234.907.000.000 -0.73%
2017 242.281.000.000 3.04%
2018 247.352.000.000 2.05%
2019 246.890.000.000 -0.19%
2020 256.923.000.000 3.91%
2021 282.639.000.000 9.1%
2022 296.404.000.000 4.64%
2023 306.000.000.000 3.14%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Kureha Corporation Liabilities
Year Liabilities Growth
2004 78.880.000.000
2005 85.617.000.000 7.87%
2006 104.268.000.000 17.89%
2007 82.767.000.000 -25.98%
2008 85.150.000.000 2.8%
2009 87.801.000.000 3.02%
2010 92.253.000.000 4.83%
2011 97.669.000.000 5.55%
2012 109.073.000.000 10.46%
2013 118.269.000.000 7.78%
2014 129.073.000.000 8.37%
2015 117.359.000.000 -9.98%
2016 108.936.000.000 -7.73%
2017 90.241.000.000 -20.72%
2018 85.185.000.000 -5.94%
2019 80.267.000.000 -6.13%
2020 71.403.000.000 -12.41%
2021 81.915.000.000 12.83%
2022 79.631.000.000 -2.87%
2023 84.766.000.000 6.06%

Kureha Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
9414.71
Net Income per Share
606.84
Price to Earning Ratio
4.75x
Price To Sales Ratio
0.91x
POCF Ratio
2.56
PFCF Ratio
21.23
Price to Book Ratio
0.25
EV to Sales
0.9
EV Over EBITDA
5.84
EV to Operating CashFlow
7.55
EV to FreeCashFlow
21.08
Earnings Yield
0.21
FreeCashFlow Yield
0.05
Market Cap
162,05 Bil.
Enterprise Value
160,88 Bil.
Graham Number
12593.89
Graham NetNet
-207.59

Income Statement Metrics

Net Income per Share
606.84
Income Quality
1.38
ROE
0.05
Return On Assets
0.03
Return On Capital Employed
0.05
Net Income per EBT
0.66
EBT Per Ebit
1.07
Ebit per Revenue
0.08
Effective Tax Rate
0.33

Margins

Sales, General, & Administrative to Revenue
0.18
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.28
Operating Profit Margin
0.08
Pretax Profit Margin
0.08
Net Profit Margin
0.05

Dividends

Dividend Yield
0.1
Dividend Yield %
9.55
Payout Ratio
0.46
Dividend Per Share
275

Operating Metrics

Operating Cashflow per Share
1126.95
Free CashFlow per Share
403.7
Capex to Operating CashFlow
-0.64
Capex to Revenue
-0.08
Capex to Depreciation
-1.18
Return on Invested Capital
0.04
Return on Tangible Assets
0.04
Days Sales Outstanding
70.3
Days Payables Outstanding
74.98
Days of Inventory on Hand
142.96
Receivables Turnover
5.19
Payables Turnover
4.87
Inventory Turnover
2.55
Capex per Share
-723.25

Balance Sheet

Cash per Share
1.580,62
Book Value per Share
11.616,14
Tangible Book Value per Share
11450.44
Shareholders Equity per Share
11616.14
Interest Debt per Share
1543.65
Debt to Equity
0.13
Debt to Assets
0.09
Net Debt to EBITDA
-0.04
Current Ratio
2.1
Tangible Asset Value
216,50 Bil.
Net Current Asset Value
34,19 Bil.
Invested Capital
0.13
Working Capital
62,37 Bil.
Intangibles to Total Assets
0.02
Average Receivables
33,78 Bil.
Average Payables
25,21 Bil.
Average Inventory
52005500000
Debt to Market Cap
0.18

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Kureha Corporation Dividends
Year Dividends Growth
2001 6
2002 6 0%
2003 6 0%
2004 5 -20%
2005 9 44.44%
2006 10 0%
2007 11 10%
2008 10 0%
2009 10 0%
2010 10 0%
2011 10 0%
2012 10 0%
2013 10 0%
2014 12 9.09%
2015 7 -83.33%
2016 11 45.45%
2017 110 90%
2018 140 21.43%
2019 95 -47.37%
2020 170 44.12%
2021 170 0%
2022 250 32%
2023 145 -72.41%

Kureha Corporation Profile

About Kureha Corporation

Kureha Corporation manufactures and sells functional materials, specialty chemicals, and plastics in Japan and internationally. It operates through four segments: Advanced Materials, Specialty Chemicals, Specialty Plastics, Construction, and Other Operations. The Advanced Materials segment offers polyphenylene sulfide, polyvinylidene fluoride (PVDF), processed polyglycolic acid products, carbon fibers, and bead-shaped activated carbon products. The Specialty Chemicals segment provides therapeutic agents for chronic renal failure, agricultural and horticultural fungicides, chlorine, caustic soda, hydrochloric acid, sodium hypochlorite, monochlorobenzene, para-dichlorobenzene, trichlorobenzene, and ortho-dichlorobenzene. The Specialty Plastics segment offers household products, including household plastic wrap, storage containers, cooking sheets, food storage bags, strainable garbage bags, garbage deodorizing sheets; antibacterial dishcloths, range hood filters, and plastic bag clips; PVDF fishing lines; polyvinylidene chloride films; heat-shrink multilayer films; and machinery for auto-seal food packaging. The Construction segment provides construction, civil engineering, housing, factory-related services, and plant engineering and maintenance services. The Other Operations segment offers industrial waste management services and environmental related treatment facilities; real estate, building management, travel agency, insurance, and staffing services; medical care services; transport and storage services; and trades in chemical products. The company was incorporated in 1944 and is headquartered in Tokyo, Japan.

CEO
Mr. Yutaka Kobayashi
Employee
4.271
Address
3-3-2 Nihonbashi Hamacho
Tokyo, 103-8552

Kureha Corporation Executives & BODs

Kureha Corporation Executives & BODs
# Name Age
1 Mr. Naomitsu Nishihata
SVice President, MD of PGA Business, R&D, Manufacturing, Tech. Div., GM of New Business. Div. and Director
70
2 Mr. Katsuhiro Natake
Senior Vice President, GM of Advanced Products Division & MD of Business Division and Director
70
3 Mr. Yutaka Kobayashi
Chief Executive Officer, President & Director
70
4 Mr. Hiroyuki Tanaka
Senior Vice President, GM of Administration, Corporation Planning & Strategy Div. and Director
70
5 Koji Suyama
Senior Vice President and GM of Home Products & Packaging Materials Division
70
6 Mr. Michihiro Sato
EVice President, MD of Internal Control & Auditing, GM of Evs, Safety & Quality Assurance HQ and Director
70
7 Mr. Yoshio Noda
Senior Vice President, GM of Finance & Accounting Division
70
8 Kazushige Tsurutani
General Manager of Public & Investor Relations Department
70

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