Daily Stock Analysis: Kajima Corporation

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Photo by Yiorgos Ntrahas on Unsplash
 

Kajima Corp. bears the ticker symbol KAJMY, and this is my first mention of Kajima for this new Viking Portfolio, or for any of my previous seven dog of the week folios.

Kajima Corp. provides civil engineering and project management for multiple industries. It works in multiple phases, from planning and development to maintenance and renovation.

The company constructs skyscrapers, power plants, office buildings, and other large structures. It enters contracts to complete construction work at the designated site, and add the necessary improvements.

The company has five reportable segments: civil engineering, building construction, real estate development, and other, domestic subsidiaries, and overseas subsidiaries.

Kajima utilizes research and development for all segments and allows engineers to receive training and enhance expertise through various programs. Japan accounts for the majority of total revenue.

The company was founded in 1840 and is headquartered in Tokyo, Japan.

Three key data points gauge KAJMY or any dividend-paying firm:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.
 

KAJMY Price

Kajima Corp.'s price per share was $12.06 at Tuesday’s market close. In the past year, KAJMY's share price increased by $1.34, or about 10%.

If KAJMY stock trades in the range of $8.00 to $14.00 this next year, its recent $12.06 share price might reach $12.60 by next year. That upside estimate of $0.54 is $0.08 under the average past ten year’s annual price upsides.
 

KAJMY Dividend

Kajima Corp.’s most recent semi-annual dividend of $0.215 casts a forward annual yield of 3.68%.
 

KAJMY Returns

Adding the $0.44 annual estimated KAJMY dividend to my one-year price upside estimate of $0.54 reveals a $0.98 potential gross gain estimate per share.

At Tuesday’s $12.06 closing price, a little over $1000 would buy 83 shares.

A $10 broker fee (if charged), paid half at purchase and half at the sale, might cost us about $0.12 per share.

Subtracting that maybe $0.12 brokerage cost from my estimated $0.98 gross gain makes a net gain of $0.86 X 83 shares = $71.38 for a 7.12% net gain including the 3.68% annual dividend yield.

In the next year, our $1K investment in shares of Kajima Corp. could generate $36.80 in cash dividends. Furthermore, a single share of KAJMY at Wednesday’s $12.06 price is about 3 times less than the estimated annual dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this is a proper time to buy Kajima Corp. shares, based on their dividends for 2023. The current dividend from $1K invested is 3.05 times higher than the KAJMY single share price. Consider yourself alerted.

Now is the time to consider KAJMY shares.

All of the estimates above are speculation based on the past history of investment in shares of Kajima Corp. Only time and money invested in this stock will determine its future market value.


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Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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