Daido Steel Co - Stock

Daido Steel Co P/S 2024

Daido Steel Co P/S

0.58

Ticker

5471.T

ISIN

JP3491000000

WKN

864104

As of Jun 15, 2024, Daido Steel Co's P/S ratio stood at 0.58, a 52.63% change from the 0.38 P/S ratio recorded in the previous year.

The Daido Steel Co P/S history

Daido Steel Co Aktienanalyse

What does Daido Steel Co do?

The company Daido Steel Co Ltd is a Japanese company that is one of the largest manufacturers of specialty steel worldwide. Founded in 1916, Daido Steel has always specialized in producing high-quality steels. However, the history dates back much further: in 1661, an ironworks was established near Nagoya by the Tokugawa family in Japan – later becoming the Daido Steel company. The company offers its products in various sectors. One of them is the automotive segment, in which Daido Steel has been a leading manufacturer of crankshafts for decades. Over the years, the company has perfected its expertise in steel and mechanical machining of components, making it a preferred supplier for numerous premium automakers. Another business area for Daido Steel is the aerospace sector. Here, the Japanese have established themselves as manufacturers of high-quality steel used for engine applications. Daido Steel focuses on lightweight construction given the high requirements for weight and performance in aviation. But Daido Steel's comprehensive knowledge and know-how are also utilized in the field of mechanical engineering and engines. The high-quality material is used in the production of machine tools, components for diesel engines, and hydrodynamics components. Another important aspect of Daido Steel's portfolio is specialty steel for cutting tools. These materials are designed to meet the high requirements for cutting metals and plastics. To optimize the performance of cutting tools, the company employs advanced alloying processes. Not only do the different sectors demonstrate the diversity of Daido Steel's product range, but there is also a wide variety of products offered at the individual product level. The company produces profiles, round bars, raw materials, and customized components made from specialty steel. The steel production at Daido Steel has undergone significant changes throughout the company's history – nowadays, it relies on high automation and state-of-the-art facilities. The business model is based on leveraging its own know-how in steel production and mechanical machining of components to meet the growing demand for technologically advanced steel products. By focusing on high-quality specialty steels and leveraging modern technology, Daido Steel Co Ltd has established itself as a globally significant provider in this segment. Daido Steel Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Daido Steel Co's P/S Ratio

Daido Steel Co's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Daido Steel Co's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Daido Steel Co's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Daido Steel Co’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Daido Steel Co Stock

What is the price-to-earnings ratio of Daido Steel Co?

The price-earnings ratio of Daido Steel Co is currently 0.58.

How has the price-earnings ratio of Daido Steel Co changed compared to last year?

The price-to-earnings ratio of Daido Steel Co has increased by 52.63% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Daido Steel Co high compared to other companies?

Yes, the price-to-earnings ratio of Daido Steel Co is high compared to other companies.

How does an increase in the price-earnings ratio of Daido Steel Co affect the company?

An increase in the price-earnings ratio of Daido Steel Co would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Daido Steel Co affect the company?

A decrease in the price-earnings ratio of Daido Steel Co would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Daido Steel Co?

Some factors that influence the price-earnings ratio of Daido Steel Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Daido Steel Co pay?

Over the past 12 months, Daido Steel Co paid a dividend of 47 JPY . This corresponds to a dividend yield of about 3.2 %. For the coming 12 months, Daido Steel Co is expected to pay a dividend of 42.25 JPY.

What is the dividend yield of Daido Steel Co?

The current dividend yield of Daido Steel Co is 3.2 %.

When does Daido Steel Co pay dividends?

Daido Steel Co pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Daido Steel Co?

Daido Steel Co paid dividends every year for the past 23 years.

What is the dividend of Daido Steel Co?

For the upcoming 12 months, dividends amounting to 42.25 JPY are expected. This corresponds to a dividend yield of 2.87 %.

In which sector is Daido Steel Co located?

Daido Steel Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Daido Steel Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Daido Steel Co from 12/1/2024 amounting to 21 JPY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Daido Steel Co pay the last dividend?

The last dividend was paid out on 12/1/2024.

What was the dividend of Daido Steel Co in the year 2023?

In the year 2023, Daido Steel Co distributed 230 JPY as dividends.

In which currency does Daido Steel Co pay out the dividend?

The dividends of Daido Steel Co are distributed in JPY.

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Andere Kennzahlen von Daido Steel Co

Our stock analysis for Daido Steel Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Daido Steel Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.