alpine electronics inc
(6816:Tokyo Stock Exchange)
alpine electronics inc (6816) Snapshot
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Open
¥1,010
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Previous Close
¥1,011
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Day High
¥1,063
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Day Low
¥1,005
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52 Week High
05/15/13 - ¥1,155
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52 Week Low
11/14/12 - ¥597.00
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Market Cap
73.6B
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Average Volume 10 Days
270.6K
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EPS TTM
¥25.05
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Shares Outstanding
69.8M
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EX-Date
09/26/13
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P/E TM
42.1x
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Dividend
¥20.00
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Dividend Yield
1.90%
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Alpine Electronics, Inc. engages in the development, manufacture, and sale of audio products, and information and communication products for automobiles. The company provides in-car audio products, including digital media head units, separate 2-way speakers, and digital power amplifiers, as well as car AV products. It also offers in-car information and communication products, such as car navigation systems, intelligent transport systems, and multi cameras. In addition, the company provides mobile media solutions. It operates in Japan, Australia, and China, as well as in Europe, North America, and the rest of Asia. The company was founded in 1967 and is headquartered in Tokyo, Japan.
alpine electronics inc (6816) Key Developments
Alpine Electronics, Inc. announced consolidated earnings results for the year ended March 31, 2013. For the year, the company reported net sales of ¥222,309 million compared to ¥202,905 million a year ago. Operating income was ¥2,305 million compared to ¥5,649 million a year ago. Ordinary income was ¥4,291 million compared to ¥6,521 million a year ago. Net income was ¥1,747 million or ¥25.05 per share compared to ¥4,572 million or ¥65.53 per share a year ago. Cash flows from operating activities was ¥1,607 million compared to ¥9,921 million a year ago. Purchase of property, plant and equipment was ¥4,783 million compared to ¥6,047 million a year ago. Purchase of intangible assets was ¥401 million compared to ¥675 million a year ago. Income before income taxes and minority interests was ¥6,980 million compared to ¥5,346 million a year ago. Major sources of cash were income before income taxes and minority interests amounting to ¥5.3 billion, depreciation and amortization totaling ¥6.1 billion, a ¥0.6 billion decrease in notes and accounts receivable-trade and a ¥1.3 billion decrease in inventories. The principal uses of cash were an ¥8.1 billion decrease in notes and accounts payable-trade and income taxes paid of ¥3.2 billion. The company provided earnings guidance for the six months ending September 30, 2013 and full year ending March 31, 2013. For the six months ending, the company forecasts net sales to be ¥118,500 million. Operating income to be ¥2,000 million. Ordinary income to be ¥2,200 million. Net income to be ¥1,000 million or ¥14.33 per share. For the full year ending March 31, 2014, the company forecasts net sales to be ¥242,000 million. Operating income to be ¥5,000 million. Ordinary income to be ¥5,500 million. Net income to be ¥3,000 million or ¥43.00 per share.
Alpine Electronics, Inc. announced that they will report fiscal year 2013 results on Apr 30, 2013
Alpine Electronics, Inc. announced consolidated earnings results for the nine months ended December 31, 2012. For the period, the company reported net sales of JPY 157,855 million compared to JPY 145,434 million a year ago. Operating income was JPY 1,701 million compared to JPY 4,562 million a year ago. Ordinary income was JPY 2,701 million compared to JPY 4,534 million a year ago. Net income was JPY 1,142 million compared to JPY 2,967 million a year ago. Net income per share was JPY 16.38 compared to JPY 42.53 a year ago. Income before income taxes and minority interests was JPY 3,870 million compared to JPY 4,705 million a year ago. For the fiscal year ending March 31, 2013, the company expects year end dividend of JPY 10 per share. For the fiscal year ending March 31, 2013, the company expects net sales of JPY 220,000 million, operating income of JPY 3,000 million, ordinary income of JPY 3,400 million and net income of JPY 1,500 million or JPY 21.50 per share.
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Industry Analysis
6816
Industry Average
| Valuation | 6816 | Industry Range |
| Price/Earnings | 39.2x |
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| Price/Sales | 0.3x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | 39.2x |
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| TEV/Sales | 0.1x |
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To contact ALPINE ELECTRONICS INC, please visit www.alpine.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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