Asahi Kasei Corporation

Company Profile

Asahi Kasei Corporation had its IPO on under the ticker symbol AHKSF.

The company operates in the Basic Materials sector and Chemicals industry. Asahi Kasei Corporation has a staff strength of 46,751 employees.

Stock update

Shares of Asahi Kasei Corporation opened at $6.9 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $6.86 - $6.93, and closed at $6.93.

This is a -0.86% slip from the previous day's closing price.

A total volume of 6,024 shares were traded at the close of the day’s session.

In the last one week, shares of Asahi Kasei Corporation have increased by +0.36%.

Asahi Kasei Corporation's Key Ratios

Asahi Kasei Corporation has a market cap of $9.91 billion, indicating a price to book ratio of 0.7107 and a price to sales ratio of 0.0037.

In the last 12-months Asahi Kasei Corporation’s revenue was $2,676.98 billion with a gross profit of $769.77 billion and an EBITDA of $314.05 billion. The EBITDA ratio measures Asahi Kasei Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Asahi Kasei Corporation’s operating margin was 5.41% while its return on assets stood at 2.61% with a return of equity of 5.14%.

In Q4, Asahi Kasei Corporation’s quarterly earnings growth was a negative -71% while revenue growth was a positive 7.1%.

Asahi Kasei Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

15.5326

PEG

0

Its diluted EPS in the last 12-months stands at $0.46 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Asahi Kasei Corporation’s profitability.

Asahi Kasei Corporation stock is trading at a EV to sales ratio of 0.0058 and a EV to EBITDA ratio of 0.0443. Its price to sales ratio in the trailing 12-months stood at 0.0037.

Asahi Kasei Corporation stock pays annual dividends of $35 per share, indicating a yield of 3.86% and a payout ratio of 0.64%.

Balance sheet and cash flow metrics

Total Assets

$3,698.01 billion

Total Liabilities

$1,051.84 billion

Operating Cash Flow

$0

Capital Expenditure

$40.33 billion

Dividend Payout Ratio

0.64%

Asahi Kasei Corporation ended 2023 with $3,698.01 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3,698.01 billion while shareholder equity stood at $1,784.38 billion.

Asahi Kasei Corporation ended 2023 with $0 in deferred long-term liabilities, $1,051.84 billion in other current liabilities, in common stock, $1,299.66 billion in retained earnings and $505.13 billion in goodwill. Its cash balance stood at $289.33 billion and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $538.32 billion.

Asahi Kasei Corporation’s total current assets stands at $1,555.09 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $460.91 billion compared to accounts payable of $203.62 billion and inventory worth $653.34 billion.

In 2023, Asahi Kasei Corporation's operating cash flow was $0 while its capital expenditure stood at $40.33 billion.

Comparatively, Asahi Kasei Corporation paid $0.01 in dividends in 2023.

Other key metrics

Current Trading Price

$6.93

52-Week High

$9.077

52-Week Low

$6.02

Analyst Target Price

$

Asahi Kasei Corporation stock is currently trading at $6.93 per share. It touched a 52-week high of $9.077 and a 52-week low of $9.077. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $7.13 and 200-day moving average was $7.14 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 400.8% of the company’s stock are held by insiders while 4503.1% are held by institutions.