DAIDO STEEL
stock DE:DDL (FRANKFURT)

Alternative ID: JP3491000000

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Exchange: FRANKFURT
Sector: Industrial Goods
Industry: Steel
Market Cap: Small (1.32B)
Next Earnings: 3/30/2023
Data in EUR

EPS: 0.81
Current PE: 4.48
BVPS: 8.87
Price/BVPS: 0.42
Dividend: 35.00 / 115.9%

Hist Grade: F (12.28)
YOY Grade: F (7.36)
Debt/FCF: 16.68
ROIC: 1.0%
PEG: -1.00
PEGY: -1.00

Value Price: 2.02
MOS Price: 1.01
MOS %: -46.3%
Graham Number: 12.68
Graham MOS %: 237.1%
IRT: 3.90

Market Price

3.76

0.07 1.9%

as of Mar 30 '23

52 Week Range:

3.21 30.60

Stock Analyzer Tutorials

General Info

type: video (mp4); length: 3:30

Demonstrates how to use Stock Analyzer, shows how to analyze a stock and explains in detail "General Info" section of the Stock Analyzer result page.

Financial Statements

type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

Growth Grade and Financial Ratios

type: video (mp4); length: 5:09

Demonstrates how to use Growth Grade & Financial Ratios section; shows the difference between historical and year-over-year Growth Grade on the real life example.

Demonstrates how to use Value Price (intrinsic value) and the Graham Number, MOS (margin of safety) and IRT - Investment Recovery Time; explains 3 different projection models used to compute value price - pessimistic, moderate and optimistic.

Price Charts

type: video (mp4); length: 8:34

Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

General Info

Exchange: FRANKFURT
Sector: Industrial Goods
Industry: Steel
Market Cap: Small (1.32B)
Inst. Ownership: 31.38%
Insider Ownership: 26.00%
Full Time Employees: 12605
Next Earnings: 3/30/2023

Daido Steel Co., Ltd. manufactures and sells steel products in Japan, rest of Asia, North America, and internationally. The company's Specialty Steel segment manufactures specialty steel for automotive parts, industrial machinery parts, electrical machinery parts, construction, tool steel, etc. Its High Performance Materials and Magnetic Materials segment offers stainless steel products, nickel-based alloys, electrical and electronics parts, magnetic material products, alloy powders, titanium products, and welding wires. The company's Parts For Automobile and Industrial Equipment segment provides die forgings, precise hot forgings, and welded parts, including automotive parts and bearing races; open die forgings, such as parts for boats and ships, industrial machines, heavy electric machines, steel making equipment, chemical equipment, oil drilling rigs, and spacecraft and aircraft; and castings that comprise manganese railway rails, components for automobiles, industrial machines, electric machines and furnaces, cast steel products, etc. This segment also offers precision castings, which include automotive, industrial machines, electric machines, telecommunications equipment, etc.; and lumber industry band saws, engine valves, compressors, hydraulic equipment, and machine tool parts. Its Engineering segment provides steel making equipment; industrial furnaces and facilities; environmental equipment for drainage, exhaust, waste disposal, and treatment facilities; machine tools; and machine maintenance services. The company's Trading and Service segment engages in the provision of welfare services; real estate and insurance business; and golf course management and analysis businesses. Daido Steel Co., Ltd. was founded in 1916 and is headquartered in Nagoya, Japan.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement

Cash Flow Statement

Balance Sheet

Liquidity Ratios

Current Ratio

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name	Mar '12	Mar '13	Mar '14	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22
Equity (BVPS)	39.18	38.72	37.87	43.05	46.48	48.86	51.03	53.72	58.92	52.16
growth rate		-1.2%	-2.2%	13.7%	8.0%	5.1%	4.4%	5.3%	9.7%	-11.5%
Earnings BIT			18,978.00	20,409.00	24,432.00	25,514.00	36,220.00	33,816.00	24,769.00	10,070.00	36,983.00
growth rate				7.5%	19.7%	4.4%	42.0%	-6.6%	-26.8%	-59.3%	267.3%
Avg.PE					19.53	14.14	8.25	7.24	6.22	52.92	7.23
growth rate						-27.6%	-41.7%	-12.2%	-14.1%	750.8%	-86.3%
ROA	4.52	2.14	2.36	1.90	1.20	2.95	3.92	3.27	1.72	0.70
growth rate		-52.7%	10.3%	-19.5%	-36.8%	145.8%	32.9%	-16.6%	-47.4%	-59.3%
ROE	12.05	5.35	5.68	4.46	2.76	6.65	8.79	7.43	3.93	1.57
growth rate		-55.6%	6.2%	-21.5%	-38.1%	140.9%	32.2%	-15.5%	-47.1%	-60.1%
ROIC	7.13	3.46	3.77	3.02	1.94	4.40	5.79	4.80	2.46	1.03
growth rate		-51.5%	9.0%	-19.9%	-35.8%	126.8%	31.6%	-17.1%	-48.8%	-58.1%
Cur. Ratio	1.76	1.68	1.59	1.61	1.66	1.68	1.42	1.42	1.57	1.76
growth rate		-4.6%	-5.4%	1.3%	3.1%	1.2%	-15.5%	0.0%	10.6%	12.1%
Quick Ratio	1.10	0.97	0.90	0.84	0.90	0.91	0.77	0.73	0.82	0.98
growth rate		-11.8%	-7.2%	-6.7%	7.1%	1.1%	-15.4%	-5.2%	12.3%	19.5%
Leverage	2.58	2.41	2.40	2.29	2.30	2.21	2.27	2.28	2.28	2.20
growth rate		-6.6%	-0.4%	-4.6%	0.4%	-3.9%	2.7%	0.4%	0.0%	-3.5%
Balance Sheet	Mar '12	Mar '13	Mar '14	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22
Acct.Receivable		87,571.00	100,522.00	104,839.00	98,660.00	113,050.00	134,087.00	132,737.00	118,188.00	125,820.00	149,769.00
growth rate			14.8%	4.3%	-5.9%	14.6%	18.6%	-1.0%	-11.0%	6.5%	19.0%
Acct.Payable		66,233.00	76,895.00	78,039.00	68,152.00	75,159.00	90,380.00	87,361.00	66,821.00	65,589.00	65,168.00
growth rate			16.1%	1.5%	-12.7%	10.3%	20.3%	-3.3%	-23.5%	-1.8%	-0.6%
Cur.Assets		242,084.00	248,061.00	256,181.00	238,467.00	257,208.00	301,895.00	313,081.00	310,641.00	319,364.00	391,686.00
growth rate			2.5%	3.3%	-6.9%	7.9%	17.4%	3.7%	-0.8%	2.8%	22.7%
Total Assets		511,159.00	557,522.00	588,590.00	535,675.00	574,169.00	645,041.00	650,697.00	625,899.00	665,506.00	728,187.00
growth rate			9.1%	5.6%	-9.0%	7.2%	12.3%	0.9%	-3.8%	6.3%	9.4%
Cash		52,020.00	40,674.00	32,585.00	34,887.00	34,966.00	42,167.00	41,734.00	59,558.00	67,314.00	58,142.00
growth rate			-21.8%	-19.9%	7.1%	0.2%	20.6%	-1.0%	42.7%	13.0%	-13.6%
Inventory		94,036.00	97,746.00	108,561.00	95,131.00	98,477.00	115,064.00	132,546.00	127,174.00	118,532.00	174,624.00
growth rate			4.0%	11.1%	-12.4%	3.5%	16.8%	15.2%	-4.1%	-6.8%	47.3%
Cur.Liabilities		144,001.00	156,460.00	159,382.00	143,486.00	152,790.00	212,138.00	221,091.00	198,419.00	181,445.00	230,104.00
growth rate			8.7%	1.9%	-10.0%	6.5%	38.8%	4.2%	-10.3%	-8.6%	26.8%
Liabilities		265,419.00	289,898.00	296,186.00	267,330.00	283,670.00	328,633.00	332,558.00	316,763.00	326,153.00	363,185.00
growth rate			9.2%	2.2%	-9.7%	6.1%	15.9%	1.2%	-4.8%	3.0%	11.4%
LT Debt		93,430.00	100,692.00	97,081.00	91,849.00	94,531.00	78,690.00	81,301.00	94,508.00	107,223.00	94,911.00
growth rate			7.8%	-3.6%	-5.4%	2.9%	-16.8%	3.3%	16.2%	13.5%	-11.5%
Equity			232,152.00	256,021.00	232,832.00	259,850.00	284,434.00	285,508.00	273,562.00	303,143.00	329,712.00
growth rate				10.3%	-9.1%	11.6%	9.5%	0.4%	-4.2%	10.8%	8.8%
Common Shares	43.00	43.00	43.00	43.00	43.00	42.00	43.00	37,172.00	37,172.00	37,172.00	37,172.00
growth rate		0.0%	0.0%	0.0%	0.0%	-2.3%	2.4%	86,346.5%	0.0%	0.0%	0.0%
Cash Flow Statement	Mar '12	Mar '13	Mar '14	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22
Capital Expenditures		24,200.00	31,748.00	36,034.00	21,056.00	27,893.00	30,254.00	34,355.00	45,415.00	27,819.00
growth rate			31.2%	13.5%	-41.6%	32.5%	8.5%	13.6%	32.2%	-38.7%
Cash Dividends			1,740.00	2,389.00	3,686.00	2,736.00	5,115.00	5,330.00	5,114.00	1,074.00
growth rate				37.3%	54.3%	-25.8%	87.0%	4.2%	-4.1%	-79.0%
Cash From OA		33,607.00	28,567.00	25,739.00	45,731.00	28,390.00	31,043.00	28,114.00	41,033.00	33,766.00
growth rate			-15.0%	-9.9%	77.7%	-37.9%	9.3%	-9.4%	46.0%	-17.7%
FCF per Share	6.06	4.92	-0.06	-2.70	0.88	4.83	-0.32	-2.28	-1.60	2.97
growth rate		-18.8%	-100.0%	0.0%	100.0%	448.9%	-100.0%	0.0%	0.0%	100.0%
FCF	21,831.00	9,407.00	-3,181.00	-10,295.00	24,675.00	497.00	789.00	-6,241.00	-4,382.00	5,947.00
growth rate		-56.9%	-100.0%	0.0%	100.0%	-98.0%	58.8%	-100.0%	0.0%	100.0%
Income Statement	Mar '12	Mar '13	Mar '14	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22
Sales		440,428.00	457,731.00	483,633.00	460,577.00	445,122.00	505,219.00	543,255.00	490,421.00	412,722.00	529,667.00
growth rate			3.9%	5.7%	-4.8%	-3.4%	13.5%	7.5%	-9.7%	-15.8%	28.3%
Op.Income		12,634.00	18,978.00	20,409.00	24,432.00	25,514.00	36,220.00	33,816.00	24,769.00	10,070.00	36,983.00
growth rate			50.2%	7.5%	19.7%	4.4%	42.0%	-6.6%	-26.8%	-59.3%	267.3%
IBT			20,964.00	19,469.00	14,980.00	27,354.00	36,830.00	33,109.00	21,169.00	10,064.00	40,745.00
growth rate				-7.1%	-23.1%	82.6%	34.6%	-10.1%	-36.1%	-52.5%	304.9%
Net Income		12,634.00	12,616.00	10,886.00	6,746.00	16,386.00	23,920.00	21,182.00	10,987.00	4,516.00	26,894.00
growth rate			-0.1%	-13.7%	-38.0%	142.9%	46.0%	-11.5%	-48.1%	-58.9%	495.5%
EPS	523.70	253.20	290.90	251.00	156.20	385.92	561.08	496.88	257.76	105.96
growth rate		-51.7%	14.9%	-13.7%	-37.8%	147.1%	45.4%	-11.4%	-48.1%	-58.9%
Gross Profit		62,635.00	67,344.00	70,097.00	74,432.00	78,435.00	92,507.00	91,500.00	81,039.00	61,196.00	92,111.00
growth rate			7.5%	4.1%	6.2%	5.4%	17.9%	-1.1%	-11.4%	-24.5%	50.5%

Quarterly Statements

Item Name	Jun '21	Sep '21	Dec '21	Mar '22	Jun '22
Earnings BIT	10,507.00	8,650.00	9,758.00	8,068.00	10,191.00
growth rate		-17.7%	12.8%	-17.3%	26.3%
Balance Sheet	Jun '21	Sep '21	Dec '21	Mar '22	Jun '22
Acct.Receivable	126,909.00	134,814.00	144,776.00	149,769.00	156,602.00
growth rate		6.2%	7.4%	3.5%	4.6%
Acct.Payable	64,397.00	60,694.00	61,516.00	65,168.00	63,021.00
growth rate		-5.8%	1.4%	5.9%	-3.3%
Cur.Assets	326,501.00	343,668.00	374,067.00	391,686.00	423,948.00
growth rate		5.3%	8.9%	4.7%	8.2%
Total Assets	670,932.00	686,373.00	710,492.00	728,187.00	758,185.00
growth rate		2.3%	3.5%	2.5%	4.1%
Cash	60,770.00	57,262.00	59,688.00	58,142.00	59,004.00
growth rate		-5.8%	4.2%	-2.6%	1.5%
Inventory	132,458.00	144,108.00	159,873.00	174,624.00	198,741.00
growth rate		8.8%	10.9%	9.2%	13.8%
Cur.Liabilities	174,720.00	196,843.00	222,004.00	230,104.00	253,685.00
growth rate		12.7%	12.8%	3.7%	10.3%
Liabilities	322,742.00	333,775.00	351,246.00	363,185.00	386,328.00
growth rate		3.4%	5.2%	3.4%	6.4%
LT Debt	109,630.00	99,225.00	92,054.00	94,911.00	94,642.00
growth rate		-9.5%	-7.2%	3.1%	-0.3%
Equity	311,162.00	315,674.00	321,920.00	329,712.00	335,784.00
growth rate		1.5%	2.0%	2.4%	1.8%
Common Shares	37,172.00	37,172.00	37,172.00	37,172.00	37,172.00
growth rate		0.0%	0.0%	0.0%	0.0%
Cash Flow Statement	Jun '21	Sep '21	Dec '21	Mar '22	Jun '22
Income Statement	Jun '21	Sep '21	Dec '21	Mar '22	Jun '22
Sales	131,239.00	123,985.00	135,275.00	139,168.00	137,682.00
growth rate		-5.5%	9.1%	2.9%	-1.1%
Op.Income	10,507.00	8,650.00	9,758.00	8,068.00	10,191.00
growth rate		-17.7%	12.8%	-17.3%	26.3%
IBT	11,823.00	8,308.00	13,749.00	6,865.00	11,339.00
growth rate		-29.7%	65.5%	-50.1%	65.2%
Net Income	7,628.00	5,212.00	9,363.00	4,691.00	9,857.00
growth rate		-31.7%	79.6%	-49.9%	110.1%
Gross Profit	24,465.00	21,550.00	23,392.00	22,704.00	24,184.00
growth rate		-11.9%	8.6%	-2.9%	6.5%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

F (12.28)

YOY Growth Grade:

F (7.36)

Click on buttons above for detailed yearly growth rates.

Market Ratios

Dividend Yield: 115.9%
Beta: 1.13
Beta of 1.1255 suggests that the asset is more volatile than the rest of the market.
PE: 4.48
EY: 22.3%
PEG: -1.00
PEG Ratio of -1.00 suggests that annual EPS growth is negative, which is a bad sign.
PEGY: -1.00
PEGY Ratio of -1.00 suggests that annual EPS growth is negative, which is a bad sign.
Price/BVPS: 0.42
Price to BVPS Ratio of 0.42 suggests that stock is undervalued.

Profitability Ratios

ROE: 1.6%
Return on Equity (ROE) of 1.6% suggests that a company may not be able to fund future growth from within.
ROS: 7.0%
The value of Return on Sales depends on the business and/or industry. Usually the higher ratio the better.
ROA: 5.6%
Return on Assets (ROA). Low ratio usually means poor performance, or ineffective use of assets by management. High ratio usually means good performance.
ROI: 12.4%
Return on Investment (ROI) of 12.4% suggests that management is inefficient or it could reflect a highly capitalized, conservatively operated business with little long term debt.
ROIC: 1.0%
Return on Invested Capital (ROIC) of 1.0% suggests that a company may not be able to fund future growth from within.

Liquidity Ratios

Current Ratio: 1.70
Current Ratio of 1.70 suggests that a company may not be able to pay off bills as rapidly as it should.
Quick Ratio: 0.90
Quick Ratio of 0.90 suggests that a company is doing well.
Cash Turnover: 3.28
Turnover Of Cash Ratio of 3.28 suggests that a company may have funds tied up in short-term low-yielding assets or may have a cash surplus, which is not invested in the business.
Equity Ratio: 45.3%
Equity Ratio of 45.3% suggests that a reasonably large percent of the company's assets financed by shareholder equity.
Debt/Equity: 110.2%
Debt to Equity Ratio of 110.2% suggests that greater risk assumed by creditors, hence greater interest by them in the way the company is being managed.
Debt/FCF: 16.68
Debt/FCF of 16.68 suggests that a company does not have enough cash to pay off its long term debt within three years.

Efficiency Ratios

Avg Collection Period: 103.21
Average Collection Period of 103.21 days suggests a slow turnover, which may be the result of a number of bad accounts, or a tax collection policy or perhaps credit is being used to generate sales.
Inventory Turnover: 2.51
Inventory Turnover Ratio of 2.51 suggests a large inventory, a never-out-of-stock situation, perhaps some obsolete items, or it could indicate poor liquidity and possible overstocking of items.
Cash Flow Ratio: 4.98
Cash Flow Ratio of 4.98 suggests a company is doing OK, but lower inventory is generally viewed as a positive trend.
Profit Margin: 5.1%

Value Price

PE and EPS

	Historical	Current	Forward
PE	37.52	4.67
EPS / Growth		0.81

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 5.8%

Estimates	Pessimistic	Moderate	Optimistic
Rate of Return	15.0%
MOS Price %	50 %
Future EPS Growth	5.8%	5.8%	5.8%
Future PE	0.01	5.79	5.79
Future EPS	1.41	1.41	1.41
Value Price MOS %	0.00 -99.9%	2.02 -46.3%	2.02 -46.3%
MOS Price	0.00	1.01	1.01
IRT	4.04	4.04	4.04

Graham Number:

NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

Graham Number: 12.68
Graham MOS: 237.1%

Price Chart

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