Stock Analysis: Sanshin Electronics
Image Source: Pexels
Founded on November 1,1951 and headquartered in Tokyo, Japan, Sanshin Electronics Co., Ltd. (SSNEF) manufactures and sells electronic components.
It makes integrated circuits, semiconductor elements and general electronic components.
It operates through Device and Solution business segments
Three key data points gauge Sanshin Electronics or any dividend paying entity, namely:
(1) Price
(2) Dividends
(3) Returns
Those keys also indicate if any company has made, is making, and will make money.
SSNEF Price
Sanshin’s share price grew 35.4% last year from $13.59 to $18.40 per Thursday’s market price.
No analysts cover the stock. So no target estimates of future price are published.
Historically, however Sanshin price grew at a $0.832 average increase per year over the past 10 years.
Therefore, I’m using that as my upside estimate, which puts the target price at $19.23.
SSNEF Dividends
Sanshin has paid variable semi-annual dividends from December, 2022 to December 2024.
Since then, however the company have declared but not yet paid a current forward-looking annual dividend of $0.98 annually.
SSNEF Returns
Putting it all together, a $1.71 estimated gross gain per share shows up when adding SSNEF’s hypothetical annual $0.98 dividend to my historic-tempered estimated $0.83 annual price gain.
A little under $1000 invested at Thursday’s $18.40 share price would buy 54 shares which, multiply the $1.71 estimated gross gain to $92.93 for the coming year.
About 57.3% of that $93 gain comes from the annual $52.92 dividend perhaps generated from your $1,000 investment.
Furthermore, the $52.92 estimated annual dividend income from $1,000 invested is about 2.88 times greater than the recent $18.40 single-share price.
(A dividend dogcatcher rule is to only buy initial shares of a stock that pay an annual dividend from $1000 invested that is greater than the cost of a single share.)
2.88 is greater than than 1.
Therefore, you might choose to pounce on SSNEF with its allegeddividend payout of about 2.88 times the single share-price.
The exact track of SSNEF’s future share price and dividends will entirely be determined by market action and company finances.
Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.
More By This Author:
Current Report: Opera
Current Report: Ituran Location & Control
Current Report: Furuno Electric
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 solicitation, ...
more
