IO Data Device, Inc. (TSE:6916) Dividend Review & Quant Evaluation – Pearson Press

Shares of I-O Data Device, Inc. (TSE:6916) currenty have a 10 year dividend growth rate of -76.56%. This number is calculated using the geometric average which provides the typical value of dividend growth over the specified period using the product of their values. The geometric average is defined as the nth root of the product of n numbers.

Solid dividend growth may be one sign of a healthy stock. Investors may be watching different time periods to assess dividend growth rates. The stock currently has an 8 year dividend growth rate of -82.22%, a 5 year of 0.00%, and a 3 year of 0.00%.

Quant Scores

Checking in on some valuation rankings, I-O Data Device, Inc. (TSE:6916) has a Value Composite score of 5. Developed by James O’Shaughnessy, the VC score uses five valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales. The VC is displayed as a number between 1 and 100. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 4.

I-O Data Device, Inc. (TSE:6916) has a current MF Rank of 1623. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. In general, companies with the lowest combined rank may be the higher quality picks.

Investors may be interested in viewing the Gross Margin score on shares of I-O Data Device, Inc. (TSE:6916). The name currently has a score of 13. This score is derived from the Gross Margin (Marx) stability and growth over the previous eight years. The Gross Margin score lands on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative.

I-O Data Device, Inc. (TSE:6916) currently has a Montier C-score of 4. This indicator was developed by James Montier in an attempt to identify firms that were cooking the books in order to appear better on paper. The score ranges from zero to six where a 0 would indicate no evidence of book cooking, and a 6 would indicate a high likelihood. A C-score of -1 would indicate that there is not enough information available to calculate the score. Montier used six inputs in the calculation. These inputs included a growing difference between net income and cash flow from operations, increasing receivable days, growing day’s sales of inventory, increasing other current assets, decrease in depreciation relative to gross property plant and equipment, and high total asset growth.

FCF
Free Cash Flow or FCF, may be used to gauge the true profitability of a company. FCF measures the amount of cash a company generates after accounting for capital expenditures, and it may be a useful indicator for assessing financial performance. I-O Data Device, Inc. (TSE:6916)‘s FCF growth is presently at -14.286752.

This is calculated by subtracting FCF from the previous year from FCF this year, divided by FCF from last year. The company has an FCF score of -9.846637. The FCF score is an indicator that is derived by combining free cash flow stability with free cash flow growth. In general, a higher FCF score value would signal high free cash flow growth. The current FCF quality score is 0.54954. The free quality score assists with estimating free cash flow stability. FCF quality is calculated as the 12 ltm cash flow per share over the average of the cash flow numbers. With this number, a lower ratio is typically preferred. Looking a bit further, the company has an FCF yield of -0.029048, and a 5-year average FCF yield of -0.026548. The first is simply FCF divided by enterprise value, and the second is the five year average FCF divided by the current enterprise value.

SMA Cross
Technical traders and investors may be looking at the simple moving average 50/200 cross on shares of I-O Data Device, Inc. (TSE:6916). At the time of writing, the SMA 50/200 Cross value is 0.93545.

If the value is greater than one, the 50 day moving average is above the 200 day moving average, which may signal positive stock price momentum. A value less than one would indicate that the 50 day moving average is below the 200 day, which may indicate negative share price momentum.

Range
Investors often keep track of key stock price levels when doing equity research. Two standard levels are the 52-week high and 52-week low. Shares tend to come under increased scrutiny when approaching either of the two marks. After a recent check, the current stock price divided by the 52-week high for shares of I-O Data Device, Inc. (TSE:6916), gives us a value of 0.778

QI & Technicals in View For IO Data Device, Inc. (TSE:6916) – DARC News

I-O Data Device, Inc. (TSE:6916) has a Q.i. Value of 22.00000. The Q.i. Value ranks companies using four ratios. These ratios consist of EBITDA Yield, FCF Yield, Liquidity, and Earnings Yield. The purpose of the Q.i. Value is to help identify companies that are the most undervalued. Typically, the lower the value, the more undervalued the company tends to be.

Checking in on some valuation rankings, I-O Data Device, Inc. (TSE:6916) has a Value Composite score of 5. Developed by James O’Shaughnessy, the VC score uses five valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales. The VC is displayed as a number between 1 and 100. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 4.

Watching some historical volatility numbers on shares of I-O Data Device, Inc. (TSE:6916), we can see that the 12 month volatility is presently 37.687400. The 6 month volatility is 27.911800, and the 3 month is spotted at 30.784800. Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price action during the measured time period.

I-O Data Device, Inc. (TSE:6916) has a current ERP5 Rank of 1076. The ERP5 Rank may assist investors with spotting companies that are undervalued. This ranking uses four ratios. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC. When looking at the ERP5 ranking, it is generally considered the lower the value, the better.

We can now take a quick look at some historical stock price index data. I-O Data Device, Inc. (TSE:6916) presently has a 10 month price index of 0.92301. The price index is calculated by dividing the current share price by the share price ten months ago. A ratio over one indicates an increase in share price over the period. A ratio lower than one shows that the price has decreased over that time period. Looking at some alternate time periods, the 12 month price index is 1.10816, the 24 month is 2.09926, and the 36 month is 1.80187. Narrowing in a bit closer, the 5 month price index is 0.90887, the 3 month is 0.93367, and the 1 month is currently 0.98407.

Return on Assets

There are many different tools to determine whether a company is profitable or not. One of the most popular ratios is the “Return on Assets” (aka ROA). This score indicates how profitable a company is relative to its total assets. The Return on Assets for I-O Data Device, Inc. (TSE:6916) is 0.060712. This number is calculated by dividing net income after tax by the company’s total assets. A company that manages their assets well will have a higher return, while a company that manages their assets poorly will have a lower return.

Return on Invested Capital (ROIC), ROIC Quality, ROIC 5 Year Average

The Return on Invested Capital (aka ROIC) for I-O Data Device, Inc. (TSE:6916) is 0.144761. The Return on Invested Capital is a ratio that determines whether a company is profitable or not. It tells investors how well a company is turning their capital into profits. The ROIC is calculated by dividing the net operating profit (or EBIT) by the employed capital. The employed capital is calculated by subrating current liabilities from total assets. Similarly, the Return on Invested Capital Quality ratio is a tool in evaluating the quality of a company’s ROIC over the course of five years. The ROIC Quality of I-O Data Device, Inc. (TSE:6916) is 1.690158. This is calculated by dividing the five year average ROIC by the Standard Deviation of the 5 year ROIC. The ROIC 5 year average is calculated using the five year average EBIT, five year average (net working capital and net fixed assets). The ROIC 5 year average of I-O Data Device, Inc. (TSE:6916) is 0.061170.

FCF Yield 5yr Avg

The FCF Yield 5yr Average is calculated by taking the five year average free cash flow of a company, and dividing it by the current enterprise value. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The average FCF of a company is determined by looking at the cash generated by operations of the company. The Free Cash Flow Yield 5 Year Average of I-O Data Device, Inc. (TSE:6916) is -0.026548.

Gross Margin score

Investors may be interested in viewing the Gross Margin score on shares of I-O Data Device, Inc. (TSE:6916). The name currently has a score of 13.00000. This score is derived from the Gross Margin (Marx) stability and growth over the previous eight years. The Gross Margin score lands on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative.

IO DATA DEVICE, INC. (6916) Jumped 0.46% on Oct 18 – NormanObserver.com


October 18, 2017 – By Marguerite Chambers

Shares of I-O DATA DEVICE, INC. (TYO:6916) last traded at 1099, representing a move of 0.46%, or 5 per share, on volume of 15,900 shares. After opening the trading day at 1095, shares of I-O DATA DEVICE, INC. traded in a close range. I-O DATA DEVICE, INC. currently has a total float of 12.79 million shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 915 and high of 1470.

The Success Of Post-War Japanese Economy

Japan has a rich history. Much can be taken away from it, particularly the World War II (WWII). It is this exact history that has shaped the Japanese economy into the world leader that it is now.

Before and During the War

The main stock exchange in Japan is the Tokyo Stock Exchange (TSE). Founded in 1878, it is one of Asia’s oldest stock exchanges. In the wake of the WWII in 1943, five Japanese stock exchanges were merged into the TSE, creating a bigger stock exchange that consolidated the whole Japanese corporate sector.

While the TSE was able to withstand the pressure brought by the challenging period in Japan’s history for quite some time, it eventually had to close in 1945.

Post-War

Post-war Japan is interesting because this is the time that the Japanese economy really boomed.

On May 16, 1949, the TSE had reopened under the new Securities Exchange Act. The Nikkei 225, the benchmark index weighing the top 225 companies listed on the TSE, was launched on September 7, 1950.

Every September, the components of the Nikkei 225 are reviewed. The changes made during the review date take effect every October. The Nikkei 225 is a price-weighted index, which means that companies are tracked based on share prices instead of market capitalization.

The Nikkei 225 had one of its longest bull period in the 1980s, thanks to the efforts of the government to overcome recession. It was during this decade that stock prices rallied three times as much. As a result, the Nikkei 225 that time had represented 60% of the total market valuation worldwide. I-O DATA DEVICE, INC. is a stock traded on the Japan stock exchange.

During the 2008 Global Financial Crisis, Japan was largely affected. The Nikkei 225 was trading 80% below its all-time peak of 38,957.44, which was recorded on December 29, 1989. It had hit a level below 7,000 in October 2008.

In 2011, an earthquake with a strong magnitude had literally and figuratively shaken Japan. On March 15, 2011, the Nikkei 225 had dropped 10% to 8,605.15. It had hit another low of 8,160.01 on November 25, 2011 shortly after the 2008 Global Financial Crisis.

The year 2011 is surely one of the Japanese economy’s toughest years, with the Nikkei 225 having fallen 17% overall. That time, the lowest year-end value of 8,455.35 in almost three decades had been posted. This comes close to the year-end value of 8,016.70 seen in 1982.

Between 2012 and 2015, however, the Nikkei 225 was once again able to come through. Thanks to the financial stimuli from the Bank of Japan (BOJ), the Nikkei 225 had gained 15% during this period. I-O DATA DEVICE, INC. has relatively good liquidity.

In 2013, the Nikkei 225 had reached the 10,000 mark. In 2015, it had already hit the 20,000 mark. In just two years, the Nikkei 225 was able to surge about 10,000 points.

Amid the difficulties through the years, the TSE has proven itself capable of overcoming any challenges. Backed by its rich history, the Japanese economy is surely worth considering investing in. Professional analysts might be interested how this will affect I-O DATA DEVICE, INC..

More recent I-O DATA DEVICE, INC. (TYO:6916) news were published by: Businesswire.com which released: “IO DATA DEVICE, INC. Will Start Selling “fidata” Network Audio Server “HFAS1 …” on August 03, 2016. Also Azcentral.com published the news titled: “IO Data Center wants alternative to APS power” on March 14, 2016. Techcrunch.com‘s news article titled: “Nodle.io uses Bluetooth to build delay-tolerant IoT networks” with publication date: July 12, 2017 was also an interesting one.

I-O Data Device, Inc. is a Japan-based firm principally engaged in the manufacture and sale of digital consumer electronics peripheral equipment. The company has market cap of $16.31 billion. The Firm makes and sells memories, storages, liquid crystal displays , peripheral devices and customized products, among others. It has a 7.81 P/E ratio.

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Sizing up the valuation on IO Data Device, Inc. (TSE:6916) – Pearson Press

The Q.i. Value ranks companies using four ratios. These ratios consist of EBITDA Yield, FCF Yield, Liquidity, and Earnings Yield. The purpose of the Q.i. Value is to help identify companies that are the most undervalued. Typically, the lower the value, the more undervalued the company tends to be. I-O Data Device, Inc. (TSE:6916) currently has a Q.i. Value of 22.00000. We can now take a quick look at some historical stock price index data. I-O Data Device, Inc. (TSE:6916) presently has a 10 month price index of 0.91727. The price index is calculated by dividing the current share price by the share price ten months ago. A ratio over one indicates an increase in share price over the period. A ratio lower than one shows that the price has decreased over that time period.

Looking at some alternate time periods, the 12 month price index is 1.10882, the 24 month is 2.17045, and the 36 month is 1.75606. Narrowing in a bit closer, the 5 month price index is 0.94803, the 3 month is 0.93000, and the 1 month is currently 1.01179.

I-O Data Device, Inc. (TSE:6916) has a current ERP5 Rank of 1090. The ERP5 Rank may assist investors with spotting companies that are undervalued. This ranking uses four ratios. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC. When looking at the ERP5 ranking, it is generally considered the lower the value, the better.

Checking in on some valuation rankings, I-O Data Device, Inc. (TSE:6916) has a Value Composite score of 5. Developed by James O’Shaughnessy, the VC score uses five valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales. The VC is displayed as a number between 1 and 100. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 4.

Watching some historical volatility numbers on shares of I-O Data Device, Inc. (TSE:6916), we can see that the 12 month volatility is presently 37.687400. The 6 month volatility is 28.473100, and the 3 month is spotted at 30.498600. Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price action during the measured time period.

Current Ratio

The Current Ratio of I-O Data Device, Inc. (TSE:6916) is 2.48. The Current Ratio is used by investors to determine whether a company can pay short term and long term debts. The current ratio looks at all the liquid and non-liquid assets compared to the company’s total current liabilities. A high current ratio indicates that the company might have trouble managing their working capital. A low current ratio (when the current liabilities are higher than the current assets) indicates that the company may have trouble paying their short term obligations.

Gross Margin Score

The Gross Margin Score is calculated by looking at the Gross Margin and the overall stability of the company over the course of 8 years. The score is a number between one and one hundred (1 being best and 100 being the worst). The Gross Margin Score of I-O Data Device, Inc. (TSE:6916) is 13.00000. The more stable the company, the lower the score. If a company is less stable over the course of time, they will have a higher score.

M-Score (Beneish)

The M-Score, conceived by accounting professor Messod Beneish, is a model for detecting whether a company has manipulated their earnings numbers or not. I-O Data Device, Inc. (TSE:6916) has an M-Score of -2.067594. The M-Score is based on 8 different variables: Days’ sales in receivables index, Gross Margin Index, Asset Quality Index, Sales Growth Index, Depreciation Index, Sales, General and Administrative expenses Index, Leverage Index and Total Accruals to Total Assets. A score higher than -1.78 is an indicator that the company might be manipulating their numbers.

Piotroski F-Score

The Piotroski F-Score is a scoring system between 1-9 that determines a firm’s financial strength. The score helps determine if a company’s stock is valuable or not. The Piotroski F-Score of I-O Data Device, Inc. (TSE:6916) is 6. A score of nine indicates a high value stock, while a score of one indicates a low value stock. The score is calculated by the return on assets (ROA), Cash flow return on assets (CFROA), change in return of assets, and quality of earnings. It is also calculated by a change in gearing or leverage, liquidity, and change in shares in issue. The score is also determined by change in gross margin and change in asset turnover.

IO Data Device, Inc. (TSE:6916) ERP5 – A Look at Valuation – Business Review

I-O Data Device, Inc. (TSE:6916) has an ERP5 rank of 1090. The ERP5 Rank is an investment tool that analysts use to discover undervalued companies.  The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC.  The lower the ERP5 rank, the more undervalued a company is thought to be.

Q.i. Value

The Q.i. Value of I-O Data Device, Inc. (TSE:6916) is 22.00000. The Q.i. Value is another helpful tool in determining if a company is undervalued or not. The Q.i. Value is calculated using the following ratios: EBITDA Yield, Earnings Yield, FCF Yield, and Liquidity. The lower the Q.i. value, the more undervalued the company is thought to be.

The EBITDA Yield is a great way to determine a company’s profitability. This number is calculated by dividing a company’s earnings before interest, taxes, depreciation and amortization by the company’s enterprise value. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The EBITDA Yield for I-O Data Device, Inc. (TSE:6916) is 0.283776.

The Earnings to Price yield of I-O Data Device, Inc. (TSE:6916) is 0.119181.  This is calculated by taking the earnings per share and dividing it by the last closing share price.  This is one of the most popular methods investors use to evaluate a company’s financial performance.  Earnings Yield is calculated by taking the operating income or earnings before interest and taxes (EBIT) and dividing it by the Enterprise Value of the company.  The Earnings Yield for I-O Data Device, Inc. TSE:6916 is 0.259757.  Earnings Yield helps investors measure the return on investment for a given company.  Similarly, the Earnings Yield Five Year Average is the five year average operating income or EBIT divided by the current enterprise value.  The Earnings Yield Five Year average for I-O Data Device, Inc. is 0.088911.

FCF Yield 5yr Avg

The FCF Yield 5yr Average is calculated by taking the five year average free cash flow of a company, and dividing it by the current enterprise value. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The average FCF of a company is determined by looking at the cash generated by operations of the company. The Free Cash Flow Yield 5 Year Average of I-O Data Device, Inc. (TSE:6916) is -0.026400.

Price to book, Price to cash flow, Price to earnings

The Price to book ratio is the current share price of a company divided by the book value per share. The Price to Book ratio for I-O Data Device, Inc. TSE:6916 is 0.658658. A lower price to book ratio indicates that the stock might be undervalued. Similarly, Price to cash flow ratio is another helpful ratio in determining a company’s value. The Price to Cash Flow for I-O Data Device, Inc. (TSE:6916) is 40.167665. This ratio is calculated by dividing the market value of a company by cash from operating activities. Additionally, the price to earnings ratio is another popular way for analysts and investors to determine a company’s profitability. The price to earnings ratio for I-O Data Device, Inc. (TSE:6916) is 8.390579. This ratio is found by taking the current share price and dividing by earnings per share.

Value Comp 1 / Value Comp 2

The Value Composite One (VC1) is a method that investors use to determine a company’s value. The VC1 of I-O Data Device, Inc. (TSE:6916) is 5. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings. Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield. The Value Composite Two of I-O Data Device, Inc. (TSE:6916) is 4.

Volatility 12 m, 6m, 3m

Stock volatility is a percentage that indicates whether a stock is a desirable purchase. Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year. The Volatility 12m of I-O Data Device, Inc. (TSE:6916) is 37.687400. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. The lower the number, a company is thought to have low volatility. The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months. The Volatility 3m of I-O Data Device, Inc. (TSE:6916) is 30.498600. The Volatility 6m is the same, except measured over the course of six months. The Volatility 6m is 28.473100.

MF Rank

The MF Rank (aka the Magic Formula) is a formula that pinpoints a valuable company trading at a good price. The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital. The MF Rank of I-O Data Device, Inc. (TSE:6916) is 1674. A company with a low rank is considered a good company to invest in. The Magic Formula was introduced in a book written by Joel Greenblatt, entitled, “The Little Book that Beats the Market”.

Piotroski F-Score

The Piotroski F-Score is a scoring system between 1-9 that determines a firm’s financial strength. The score helps determine if a company’s stock is valuable or not. The Piotroski F-Score of I-O Data Device, Inc. (TSE:6916) is 6. A score of nine indicates a high value stock, while a score of one indicates a low value stock. The score is calculated by the return on assets (ROA), Cash flow return on assets (CFROA), change in return of assets, and quality of earnings. It is also calculated by a change in gearing or leverage, liquidity, and change in shares in issue. The score is also determined by change in gross margin and change in asset turnover.

Return on Assets

There are many different tools to determine whether a company is profitable or not. One of the most popular ratios is the “Return on Assets” (aka ROA). This score indicates how profitable a company is relative to its total assets. The Return on Assets for I-O Data Device, Inc. (TSE:6916) is 0.060712. This number is calculated by dividing net income after tax by the company’s total assets. A company that manages their assets well will have a higher return, while a company that manages their assets poorly will have a lower return.

4 Biotech Stocks Primed to Beat – Barron’s

Third-quarter earnings season is nearly upon us, and SunTrust Robinson Humphrey’s Biotech Team, led by Yatin Suneja, take a look at the sector, highlighting which stocks they think will have a good quarter.

Suneja writes that as large cap biotechs have underperformed year to date (for example, the  iShares Nasdaq Biotechnology ETF (IBB) is up about 28% this year, compared to a 48% gain for the SPDR S&P Biotech ETF (XBI), which is skewed more toward smaller names given its equal weighting), investors “seem poised to reward companies with good financial performance.”

In the past, biotechs have shown less top-line upside in the third quarter, in part because of summer weakness, and Suneja doesn’t think that this year will be an exception to the rule. That said, he expects Biomarin (BRMN), Celgene (CELG), Incyte (INCY), and Sarepta (SRPT) as the stocks most likely to report better-than-expected revenues this quarter.

More from the note:

BMRN (BUY, $115 PT): Historical 3Q revs have been overshadowed by 2Q but 2017 could be an exception. Hemophilia A program has reported highly encouraging data and should provide strong upside potential.

CELG (BUY, $156 PT): We expect a modest top-line beat (~ $15-20MM; ~0.5%) on strong Revlimid sales. Consensus likely achievable for Pomalyst and Vidaza, while Otezla and Abraxane could disappoint. Bottomline to at least meet consensus.

INCY (BUY, $155 PT): We are expecting to see 3Q revenues to be above the Street, with investor focus on additional epacadostat + IO data in 1H18 and any color around Olumiant.

SRPT (BUY, $56 PT): We expect the strong U.S. launch of Exondys 51 to continue and 3Q17 net revenue could beat consensus. Golodirsen’s initial biopsy data are encouraging but accelerated approval is questionable.

He also thinks that Biogen (BIIB), Clovis (CLVS), Regeneron (REGN), and Tesaro (TSRO) will be able to meet expectations, while Alexion (ALXN) and Excelixis (EXEL) may miss.

IO DATA DEVICE, INC. (6916) Is Yet to See Trading Action on Oct 11 – San Times

October 10, 2017 – By Winifred Garcia

Shares of I-O DATA DEVICE, INC. (TYO:6916) closed at 1130 yesterday. I-O DATA DEVICE, INC. currently has a total float of 12.79 million shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 915 and high of 1470.

TSE: Building The Future Of Japan

The Tokyo Stock Exchange (TSE) is a meaningful representation of the Japanese economy. Just like in any other nation, the equity market is an important indicator of present and future sentiments.

TSE

Having been established in 1878, the TSE is among the first stock exchanges in Asia. Needless to point out, it was already there during the World War II (WWII). Unable to withstand the repercussions of the WWII, the TSE had closed in 1945. Four years later, it had a major comeback under a new Securities Exchange Act. Japan had never looked back since then.

Nikkei Stock Average

The Nikkei 225 or Nikkei Stock Average measures the 225 blue-chip stocks on the TSE based on share price and not based on market capitalization. It was officially established on September 7, 1950 as part of the rebuilding efforts after the war.

The Nikkei Stock Average is reviewed every September of every year. Every October, the changes made take effect.

It can be compared to the Dow Jones Industrial Average (DJIA), being the widely quoted index in Japan. Because the Nikkei Stock Average is composed of 225 most actively traded stocks, it is a strong indicator of both the Japanese and Asian economies.

Japanese Equity Market Through the Years

I-O DATA DEVICE, INC. is a stock traded on the Japan stock exchange. In 1986, the Nikkei 225 Futures was launched on the Singapore Exchange (SGX). Two years later, it was launched on the Osaka Securities Exchange (OSE). In 1990, it was launched on the Chicago Mercantile Exchange (CME).

In the 1980s, the TSE had its longest bull period after the yen had appreciated roughly 50% with the help of monetary stimuli from the Bank of Japan (BOJ). The TSE had then represented about 60% of overall global market valuation. The Nikkei Stock Average had finished the decade strong, hitting 38,957.44 on December 29, 1989.

The TSE also had its worst days. In October 2008, the Nikkei Stock Average had fallen below the 7,000 mark, down by 80% from its record peak. Its all-time low of 85.25, on the other hand, was last seen in July 1950.

When an earthquake massively hit Japan in March 2011, the economy was also shattered. Two sessions after the earthquake, the Nikkei Stock Average had lost 10% after nearly reaching the 10,000 mark. It had fallen to a nearly-two-year low on November 25, 2011, closing at 8,160.01. The Nikkei Stock Average had seen its lowest year-end close in almost 30 years that time, concluding 2011 at 8,455.35. Its lowest year-end close was seen at 8,016.70 in 1982. I-O DATA DEVICE, INC. has relatively good liquidity.

The Nikkei Stock Average had eventually recovered, finally reaching the 10,000 mark in 2013. Come 2015, it had already hit the 20,000 mark, making Japan one of the fastest growing economies in the world.

The Japanese economy has been through a lot and it still remains unshaken. If anything, it is still thriving in Asia as one of the region’s economic leaders. This is what makes TSE stocks reasonable long-term investments. Professional analysts might be interested how this will affect I-O DATA DEVICE, INC..

More important recent I-O DATA DEVICE, INC. (TYO:6916) news were published by: Businesswire.com which released: “IO DATA DEVICE, INC. Will Start Selling “fidata” Network Audio Server “HFAS1 …” on August 03, 2016, also Azcentral.com published article titled: “IO Data Center wants alternative to APS power”, Techcrunch.com published: “GE acquires Wise.io to deepen its machine learning stack” on November 15, 2016. More interesting news about I-O DATA DEVICE, INC. (TYO:6916) was released by: Techcrunch.com and their article: “Narrative simplifies the buying and selling of online data” with publication date: April 13, 2017.

I-O Data Device, Inc. is a Japan-based firm principally engaged in the manufacture and sale of digital consumer electronics peripheral equipment. The company has market cap of $16.77 billion. The Firm makes and sells memories, storages, liquid crystal displays , peripheral devices and customized products, among others. It has a 8.03 P/E ratio.

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IO Data Device, Inc. (TSE:6916) Efficiency in Focus: A Look at the Numbers – Lenox Ledger

The Return on Invested Capital (aka ROIC) Score for I-O Data Device, Inc. (TSE:6916) is 1.690158.  The Return on Invested Capital is a ratio that determines whether a company is profitable or not.  It tells investors how well a company is turning their capital into profits.  The ROIC is calculated by dividing the net operating profit (or EBIT) by the employed capital.  The employed capital is calculated by subrating current liabilities from total assets.  Similarly, the Return on Invested Capital Quality ratio is a tool in evaluating the quality of a company’s ROIC over the course of five years. This is calculated by dividing the five year average ROIC by the Standard Deviation of the 5 year ROIC.  The ROIC 5 year average is calculated using the five year average EBIT, five year average (net working capital and net fixed assets).  

Some of the best financial predictions are formed by using a variety of financial tools. The Price Range 52 Weeks is one of the tools that investors use to determine the lowest and highest price at which a stock has traded in the previous 52 weeks. The Price Range of I-O Data Device, Inc. (TSE:6916) over the past 52 weeks is 0.799000. The 52-week range can be found in the stock’s quote summary.

I-O Data Device, Inc. (TSE:6916) presently has a current ratio of 2.48. The current ratio, also known as the working capital ratio, is a liquidity ratio that displays the proportion of current assets of a business relative to the current liabilities. The ratio is simply calculated by dividing current liabilities by current assets. The ratio may be used to provide an idea of the ability of a certain company to pay back its liabilities with assets. Typically, the higher the current ratio the better, as the company may be more capable of paying back its obligations.

I-O Data Device, Inc. (TSE:6916)’s Leverage Ratio was recently noted as 0.000000. This ratio is calculated by dividing total debt by total assets plus total assets previous year, divided by two. The leverage of a company is relative to the amount of debt on the balance sheet. This ratio is often viewed as one measure of the financial health of a firm.

The price to book ratio or market to book ratio for I-O Data Device, Inc. (TSE:6916) currently stands at 0.674593.  The ratio is calculated by dividing the stock price per share by the book value per share.  This ratio is used to determine how the market values the equity.  A ratio of under 1 typically indicates that the shares are undervalued.  A ratio over 1 indicates that the market is willing to pay more for the shares.  There are often many underlying factors that come into play with the Price to Book ratio so all additional metrics should be considered as well. 

FCF
Free Cash Flow Growth (FCF Growth) is the free cash flow of the current year minus the free cash flow from the previous year, divided by last year’s free cash flow.  The FCF Growth of I-O Data Device, Inc. (TSE:6916) is -1.000000.  Free cash flow (FCF) is the cash produced by the company minus capital expenditure.  This cash is what a company uses to meet its financial obligations, such as making payments on debt or to pay out dividends.  The Free Cash Flow Score (FCF Score) is a helpful tool in calculating the free cash flow growth with free cash flow stability – this gives investors the overall quality of the free cash flow.  The FCF Score of I-O Data Device, Inc. (TSE:6916) is -0.512863.  Experts say the higher the value, the better, as it means that the free cash flow is high, or the variability of free cash flow is low or both.

GM Score
The Gross Margin Score is calculated by looking at the Gross Margin and the overall stability of the company over the course of 8 years.  The score is a number between one and one hundred (1 being best and 100 being the worst).  The Gross Margin Score of I-O Data Device, Inc. (TSE:6916) is 13.00000.  The more stable the company, the lower the score.  If a company is less stable over the course of time, they will have a higher score.

FCF
Free Cash Flow Growth (FCF Growth) is the free cash flow of the current year minus the free cash flow from the previous year, divided by last year’s free cash flow.  The FCF Growth of I-O Data Device, Inc. (TSE:6916) is -1.000000.  Free cash flow (FCF) is the cash produced by the company minus capital expenditure.  This cash is what a company uses to meet its financial obligations, such as making payments on debt or to pay out dividends.  The Free Cash Flow Score (FCF Score) is a helpful tool in calculating the free cash flow growth with free cash flow stability – this gives investors the overall quality of the free cash flow.  The FCF Score of I-O Data Device, Inc. (TSE:6916) is -0.512863.  Experts say the higher the value, the better, as it means that the free cash flow is high, or the variability of free cash flow is low or both.

Rank

The ERP5 Rank is an investment tool that analysts use to discover undervalued companies.  The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC.  The ERP5 of I-O Data Device, Inc. (TSE:6916) is 1140.  The lower the ERP5 rank, the more undervalued a company is thought to be.

Value
The Value Composite One (VC1) is a method that investors use to determine a company’s value.  The VC1 of I-O Data Device, Inc. (TSE:6916) is 6.  A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company.  The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings.  Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield.  The Value Composite Two of I-O Data Device, Inc. (TSE:6916) is 5.

A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company.  The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings.  Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield.  

Volatility

Stock volatility is a percentage that indicates whether a stock is a desirable purchase.  Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year.  The Volatility 12m of I-O Data Device, Inc. (TSE:6916) is 37.937600.  This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized.  The lower the number, a company is thought to have low volatility.  The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months.  The Volatility 3m of I-O Data Device, Inc. (TSE:6916) is 30.430600.  The Volatility 6m is the same, except measured over the course of six months.  The Volatility 6m is 28.825700.

IO Data Device, Inc. (TSE:6916) Valuation By The Numbers – Geneva Journal

I-O Data Device, Inc. (TSE:6916) has an ERP5 rank of 1140. The ERP5 Rank is an investment tool that analysts use to discover undervalued companies.  The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC.  The lower the ERP5 rank, the more undervalued a company is thought to be.

FCF Yield 5yr Avg

The FCF Yield 5yr Average is calculated by taking the five year average free cash flow of a company, and dividing it by the current enterprise value. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The average FCF of a company is determined by looking at the cash generated by operations of the company. The Free Cash Flow Yield 5 Year Average of I-O Data Device, Inc. (TSE:6916) is -0.025437.

Technicals & Ratios

The EBITDA Yield is a great way to determine a company’s profitability. This number is calculated by dividing a company’s earnings before interest, taxes, depreciation and amortization by the company’s enterprise value. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The EBITDA Yield for I-O Data Device, Inc. (TSE:6916) is 0.274429.

The Earnings to Price yield of I-O Data Device, Inc. (TSE:6916) is 0.116366.  This is calculated by taking the earnings per share and dividing it by the last closing share price.  This is one of the most popular methods investors use to evaluate a company’s financial performance.  Earnings Yield is calculated by taking the operating income or earnings before interest and taxes (EBIT) and dividing it by the Enterprise Value of the company.  The Earnings Yield for I-O Data Device, Inc. (TSE:6916) is 0.250288.  

Earnings Yield helps investors measure the return on investment for a given company.  Similarly, the Earnings Yield Five Year Average is the five year average operating income or EBIT divided by the current enterprise value.  The Earnings Yield Five Year average for I-O Data Device, Inc. is 0.085670.

Q.i. Value

The Q.i. Value of I-O Data Device, Inc. (TSE:6916) is 15.00000. The Q.i. Value is another helpful tool in determining if a company is undervalued or not. The Q.i. Value is calculated using the following ratios: EBITDA Yield, Earnings Yield, FCF Yield, and Liquidity. The lower the Q.i. value, the more undervalued the company is thought to be.

Quant Scores

The M-Score, conceived by accounting professor Messod Beneish, is a model for detecting whether a company has manipulated their earnings numbers or not. I-O Data Device, Inc. (TSE:6916) has an M-Score of -999.000000. The M-Score is based on 8 different variables: Days’ sales in receivables index, Gross Margin Index, Asset Quality Index, Sales Growth Index, Depreciation Index, Sales, General and Administrative expenses Index, Leverage Index and Total Accruals to Total Assets. A score higher than -1.78 is an indicator that the company might be manipulating their numbers.

The Value Composite One (VC1) is a method that investors use to determine a company’s value. The VC1 of I-O Data Device, Inc. (TSE:6916) is 6. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings. Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield. The Value Composite Two of I-O Data Device, Inc. (TSE:6916) is 5.

Investors may be interested in viewing the Gross Margin score on shares of I-O Data Device, Inc. (TSE:6916). The name currently has a score of 13.00000. This score is derived from the Gross Margin (Marx) stability and growth over the previous eight years. The Gross Margin score lands on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative.

At the time of writing, I-O Data Device, Inc. (TSE:6916) has a Piotroski F-Score of 5. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong. On the other end, a stock with a score from 0-2 would be viewed as weak.