Altech Corporation Logo

Altech Corporation

4641.T

(2.8)
Stock Price

2.772,00 JPY

14.14% ROA

22.97% ROE

15.36x PER

Market Cap.

48.016.288.139,00 JPY

1.65% DER

1.93% Yield

8% NPM

Altech Corporation Stock Analysis

Altech 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.

Altech Corporation Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (23.5%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a minimal amount of debt (2%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

5 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

6 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (32.410) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 PBV

The stock's elevated P/BV ratio (3.35x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

8 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

10 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

Altech 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.

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

Altech 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.

Altech Corporation Revenue
Year Revenue Growth
2008 22.523.333.000
2009 15.568.943.000 -44.67%
2010 16.318.751.000 4.59%
2011 16.910.888.000 3.5%
2012 17.460.260.000 3.15%
2013 18.097.346.000 3.52%
2014 20.169.663.000 10.27%
2015 22.723.495.000 11.24%
2016 26.743.746.000 15.03%
2017 30.260.235.000 11.62%
2018 32.781.260.000 7.69%
2019 36.371.294.000 9.87%
2020 35.753.733.000 -1.73%
2021 39.261.578.000 8.93%
2022 43.647.698.000 10.05%
2023 45.465.480.000 4%

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.

Altech Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2008 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 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
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.

Altech Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2008 288.081.000
2009 153.595.000 -87.56%
2010 199.205.000 22.9%
2011 209.666.000 4.99%
2012 198.934.000 -5.39%
2013 185.708.000 -7.12%
2014 215.404.000 13.79%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

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.

Altech Corporation EBITDA
Year EBITDA Growth
2008 4.196.854.000
2009 2.642.298.000 -58.83%
2010 2.945.923.000 10.31%
2011 2.807.796.000 -4.92%
2012 1.418.582.000 -97.93%
2013 1.305.113.000 -8.69%
2014 1.824.927.000 28.48%
2015 2.356.164.000 22.55%
2016 3.089.804.000 23.74%
2017 3.487.372.000 11.4%
2018 3.799.948.000 8.23%
2019 4.351.047.000 12.67%
2020 4.873.200.000 10.71%
2021 4.870.170.000 -0.06%
2022 4.865.313.000 -0.1%
2023 4.489.136.000 -8.38%

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.

Altech Corporation Gross Profit
Year Gross Profit Growth
2008 5.944.324.000
2009 2.786.435.000 -113.33%
2010 3.634.448.000 23.33%
2011 4.144.880.000 12.31%
2012 4.603.661.000 9.97%
2013 4.557.528.000 -1.01%
2014 5.093.959.000 10.53%
2015 5.766.444.000 11.66%
2016 6.686.482.000 13.76%
2017 7.522.561.000 11.11%
2018 8.374.958.000 10.18%
2019 9.197.974.000 8.95%
2020 8.464.120.000 -8.67%
2021 8.939.008.000 5.31%
2022 10.488.594.000 14.77%
2023 10.003.764.000 -4.85%

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.

Altech Corporation Net Profit
Year Net Profit Growth
2008 930.903.000
2009 218.720.000 -325.61%
2010 599.561.000 63.52%
2011 691.529.000 13.3%
2012 603.867.000 -14.52%
2013 651.995.000 7.38%
2014 1.260.277.000 48.27%
2015 1.446.999.000 12.9%
2016 1.988.264.000 27.22%
2017 2.367.121.000 16%
2018 2.667.494.000 11.26%
2019 2.908.132.000 8.27%
2020 3.057.628.000 4.89%
2021 3.095.732.000 1.23%
2022 3.416.932.000 9.4%
2023 2.892.108.000 -18.15%

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.

Altech Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2008 38
2009 9 -375%
2010 25 66.67%
2011 28 14.29%
2012 25 -12%
2013 28 7.41%
2014 54 50%
2015 64 15.63%
2016 88 27.27%
2017 105 16.19%
2018 124 15.32%
2019 139 10.14%
2020 149 7.38%
2021 151 1.32%
2022 169 10.65%
2023 146 -16.55%

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.

Altech Corporation Free Cashflow
Year Free Cashflow Growth
2008 1.795.556.000
2009 -239.315.000 850.29%
2010 1.655.311.000 114.46%
2011 281.266.000 -488.52%
2012 1.549.735.000 81.85%
2013 322.700.000 -380.24%
2014 1.735.528.000 81.41%
2015 1.126.449.000 -54.07%
2016 1.936.071.000 41.82%
2017 2.135.478.000 9.34%
2018 2.101.774.000 -1.6%
2019 2.884.870.000 27.14%
2020 3.790.169.000 23.89%
2021 3.065.035.000 -23.66%
2022 3.560.019.000 13.9%

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.

Altech Corporation Operating Cashflow
Year Operating Cashflow Growth
2008 1.941.125.000
2009 -188.934.000 1127.41%
2010 1.710.919.000 111.04%
2011 293.771.000 -482.4%
2012 1.646.577.000 82.16%
2013 470.433.000 -250.01%
2014 1.772.231.000 73.46%
2015 1.207.834.000 -46.73%
2016 2.031.753.000 40.55%
2017 2.589.498.000 21.54%
2018 2.966.772.000 12.72%
2019 3.109.234.000 4.58%
2020 3.900.993.000 20.3%
2021 3.169.781.000 -23.07%
2022 3.663.548.000 13.48%

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.

Altech Corporation Capital Expenditure
Year Capital Expenditure Growth
2008 145.569.000
2009 50.381.000 -188.94%
2010 55.608.000 9.4%
2011 12.505.000 -344.69%
2012 96.842.000 87.09%
2013 147.733.000 34.45%
2014 36.703.000 -302.51%
2015 81.385.000 54.9%
2016 95.682.000 14.94%
2017 454.020.000 78.93%
2018 864.998.000 47.51%
2019 224.364.000 -285.53%
2020 110.824.000 -102.45%
2021 104.746.000 -5.8%
2022 103.529.000 -1.18%

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.

Altech Corporation Equity
Year Equity Growth
2008 7.822.365.000
2009 7.664.621.000 -2.06%
2010 8.036.875.000 4.63%
2011 8.379.196.000 4.09%
2012 8.602.626.000 2.6%
2013 8.468.503.000 -1.58%
2014 9.059.707.000 6.53%
2015 9.618.798.000 5.81%
2016 10.826.854.000 11.16%
2017 12.276.108.000 11.81%
2018 10.613.614.000 -15.66%
2019 12.165.737.000 12.76%
2020 12.771.157.000 4.74%
2021 14.635.165.000 12.74%
2022 15.741.941.000 7.03%
2023 15.709.462.000 -0.21%

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.

Altech Corporation Assets
Year Assets Growth
2008 11.438.774.000
2009 9.998.956.000 -14.4%
2010 11.262.955.000 11.22%
2011 11.220.947.000 -0.37%
2012 12.146.066.000 7.62%
2013 12.162.924.000 0.14%
2014 13.350.308.000 8.89%
2015 14.557.748.000 8.29%
2016 16.458.322.000 11.55%
2017 18.435.497.000 10.72%
2018 17.341.421.000 -6.31%
2019 19.471.438.000 10.94%
2020 20.996.970.000 7.27%
2021 22.545.059.000 6.87%
2022 24.274.526.000 7.12%
2023 25.435.226.000 4.56%

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.

Altech Corporation Liabilities
Year Liabilities Growth
2008 3.599.124.000
2009 2.326.302.000 -54.71%
2010 3.217.499.000 27.7%
2011 2.832.879.000 -13.58%
2012 3.532.770.000 19.81%
2013 3.680.535.000 4.01%
2014 4.275.082.000 13.91%
2015 4.925.166.000 13.2%
2016 5.614.929.000 12.28%
2017 6.139.853.000 8.55%
2018 6.727.807.000 8.74%
2019 7.305.701.000 7.91%
2020 8.225.813.000 11.19%
2021 7.909.894.000 -3.99%
2022 8.532.585.000 7.3%
2023 9.725.764.000 12.27%

Altech Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2301.49
Net Income per Share
178.81
Price to Earning Ratio
15.36x
Price To Sales Ratio
1.05x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
3.48
EV to Sales
0.81
EV Over EBITDA
7.94
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.07
FreeCashFlow Yield
0
Market Cap
48,02 Bil.
Enterprise Value
37,10 Bil.
Graham Number
1780.81
Graham NetNet
329.36

Income Statement Metrics

Net Income per Share
178.81
Income Quality
0
ROE
0.22
Return On Assets
0.15
Return On Capital Employed
0.29
Net Income per EBT
0.7
EBT Per Ebit
1.06
Ebit per Revenue
0.11
Effective Tax Rate
0.3

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.24
Operating Profit Margin
0.11
Pretax Profit Margin
0.11
Net Profit Margin
0.08

Dividends

Dividend Yield
0.02
Dividend Yield %
1.93
Payout Ratio
0
Dividend Per Share
53

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.21
Return on Tangible Assets
0.14
Days Sales Outstanding
51.74
Days Payables Outstanding
3.94
Days of Inventory on Hand
4.87
Receivables Turnover
7.06
Payables Turnover
92.68
Inventory Turnover
74.98
Capex per Share
0

Balance Sheet

Cash per Share
562,48
Book Value per Share
788,25
Tangible Book Value per Share
774.85
Shareholders Equity per Share
788.25
Interest Debt per Share
13.07
Debt to Equity
0.02
Debt to Assets
0.01
Net Debt to EBITDA
-2.34
Current Ratio
2.01
Tangible Asset Value
15,40 Bil.
Net Current Asset Value
9,12 Bil.
Invested Capital
0.02
Working Capital
9,45 Bil.
Intangibles to Total Assets
0.01
Average Receivables
6,74 Bil.
Average Payables
0,44 Bil.
Average Inventory
427158000
Debt to Market Cap
0.01

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.

Altech Corporation Dividends
Year Dividends Growth
2001 18
2002 9 -100%
2003 18 50%
2004 14 -38.46%
2007 51 74%
2008 9 -455.56%
2010 25 64%
2011 28 10.71%
2012 25 -12%
2013 32 19.35%
2014 55 42.59%
2015 65 15.63%
2016 89 28.09%
2017 164 45.4%
2018 46 -254.35%
2019 73 36.99%
2020 70 -4.29%
2021 75 6.67%
2022 76 1.32%
2023 10 -660%

Altech Corporation Profile

About Altech Corporation

Altech Corporation provides technical and engineer assignment services in Japan and internationally. The company offers staffing solutions, including assignment/contracting in technical/administrative fields; welfare solutions, such as the cultivation of nursing care staff, assignment/introduction of staff to nursing care facilities, and introduction of residents to nursing care facilities; and education solutions comprising working professional/technical training for new and mid-career employees. It also provides engineering solutions/technical support services comprising engineers staffing service; contracting/outsourcing services; contract partners/total business solutions; and software development, designing/manufacturing, and engineering solutions. In addition, the company designs, manufactures, and installs plant and factory equipment; and develops and sells robots. Further, it provides agriculture staffing services; home visit care services; installation and electric wiring services for transportation systems inside clean room factories; and staff assignment, staff introduction, and total staffing services. The company serves manufacturing companies of machinery, electricity and precision instrument, and information processing and communication businesses, as well as listed and blue-chip companies. Altech Corporation was founded in 1968 and is based in Yokohama, Japan.

CEO
Mr. Atsushi Imamura
Employee
5.879
Address
Queen's Tower C
Yokohama, 220-6218

Altech Corporation Executives & BODs

Altech Corporation Executives & BODs
# Name Age
1 Mr. Nobuyuki Watanabe
Executive Vice President, GM of Corporate Planning Department & Director
70
2 Kazunori Tashiro
Corporate Officer
70
3 Jun Watanabe
Corporate Officer
70
4 Hideyuki Ota
Corporate Officer
70
5 Takeshi Ishibashi
Corporate Officer
70
6 Akira Kouno
Corporate Officer
70
7 Hisaki Kikuchi
Corporate Officer & Accounting Manager
70
8 Mr. Takeshi Sugimoto
GM of International Department & Director
70
9 Mr. Atsushi Imamura
President & Representative Director
70
10 Toshio Matsui
Founder & Senior Advisor
70

Altech Corporation Competitors