Education
About Us
Working with TipRanks
Follow Us
Parker Corporation (JP:9845)
:9845
RESEARCH TOOLSreports
Top Page
Parker Corporation
(9845)
Rating:81Outperform
Price Target:
¥1,072.00
▲(15.52%Upside)
Parker Corporation (9845) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥23.50B
Dividend Yield2.71%
Average Volume (3M)34.83K
Price to Earnings (P/E)8.2
Beta (1Y)0.76
Revenue Growth3.37%
EPS Growth-21.94%
CountryJP
Employees2,217
SectorIndustrials
Sector Strength89
IndustryIndustrial - Distribution
Share Statistics
EPS (TTM)15.64
Shares Outstanding26,801,453
10 Day Avg. Volume93,550
30 Day Avg. Volume34,830
Financial Highlights & Ratios
PEG Ratio0.27
Price to Book (P/B)0.47
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Parker Corporation Business Overview & Revenue Model
Company DescriptionParker Corporation provides product development, manufacturing, sales, and technical services for the automobiles, electrical machinery, chemicals, steel, electronics, food, etc. industries in Japan and internationally. The company imports and sells machinery and equipment for use in automobile, food, shoemaking, and chemical industries. It also develops, manufactures, and sells fine chemicals for industrial use, such as cleaning agents, rust prevention, etc.; and chemical products centered on advanced chemicals, such as electronics and printing, as well as special chemicals for the aftermarket of car, railways, and aircraft. In addition, the company develops and sells industrial sealing materials and adhesives; and manufactures and sells soundproofing materials for automobile and air conditioners. Further, it develops, designs, manufactures, and sells industrial machinery. The company was formerly known as Parker Shoji Co., Ltd. and changed its name to Parker Corporation in August 1988. Parker Corporation was founded in 1951 and is headquartered in Tokyo, Japan.
How the Company Makes Money
Parker Corporation Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 67.11B | 67.73B | 56.79B | 49.98B | 44.06B | 50.77B |
| Gross Profit | 16.84B | 16.35B | 13.40B | 11.87B | 11.07B | 12.76B |
| EBITDA | 6.13B | 7.30B | 5.50B | 4.69B | 5.18B | 6.11B |
| Net Income | 3.22B | 3.60B | 2.48B | 1.52B | 2.38B | 2.51B |
Balance Sheet | ||||||
| Total Assets | 70.29B | 69.39B | 60.16B | 54.30B | 53.24B | 51.25B |
| Cash, Cash Equivalents and Short-Term Investments | 20.35B | 18.94B | 18.02B | 14.77B | 14.25B | 12.06B |
| Total Debt | 5.34B | 5.75B | 5.53B | 5.15B | 4.94B | 5.04B |
| Total Liabilities | 23.51B | 25.07B | 21.12B | 18.77B | 18.56B | 18.46B |
| Stockholders Equity | 43.94B | 41.56B | 36.65B | 33.39B | 31.97B | 30.23B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 3.95B | 3.06B | 988.00M | 3.35B | 1.53B |
| Operating Cash Flow | 0.00 | 5.33B | 4.17B | 2.10B | 4.32B | 3.76B |
| Investing Cash Flow | 0.00 | -3.90B | -2.51B | -1.46B | -1.81B | -1.87B |
| Financing Cash Flow | 0.00 | -1.70B | -482.00M | -1.69B | -574.00M | -1.43B |
Parker Corporation Technical Analysis
Positive
928.00
Price Trends
833.24
Positive
814.94
Positive
792.00
Positive
Market Momentum
25.35
Negative
71.75
Negative
86.93
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9845, the sentiment is Positive. The current price of 928 is above the 20-day moving average (MA) of 859.40, above the 50-day MA of 833.24, and above the 200-day MA of 792.00, indicating a bullish trend. The MACD of 25.35 indicates Negative momentum. The RSI at 71.75 is Negative, neither overbought nor oversold. The STOCH value of 86.93 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9845.
Parker Corporation Peers Comparison
Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥23.50B | 8.21 | 2.71% | 3.37% | -21.94% | ||
73 Outperform | ¥20.11B | 7.02 | 4.70% | 7.61% | -32.07% | ||
72 Outperform | ¥28.06B | 8.36 | 5.32% | -0.98% | 26.26% | ||
71 Outperform | ¥15.46B | 7.30 | 7.39% | -3.83% | 4.11% | ||
65 Neutral | $10.75B | 15.65 | 5.18% | 1.92% | 3.09% | -27.41% | |
63 Neutral | ¥24.66B | 16.89 | 3.47% | 5.69% | 202.27% | ||
59 Neutral | ¥7.23B | 19.70 | 3.03% | 0.66% | 41.70% |
* Industrials Sector Average
Performance Comparison
JP:9845
Parker Corporation
928.00
48.78
5.55%
JP:7417
Nanyo Corp.
1,201.00
166.23
16.06%
JP:7624
Naito & Co., Ltd.
133.00
-11.53
-7.98%
JP:7628
Ohashi Technica Inc.
1,962.00
243.52
14.17%
JP:8089
Nice Corporation
1,691.00
-134.16
-7.35%
JP:8103
Meiwa Corporation
700.00
11.80
1.71%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.