OTCMKTS:SHECY

Shin-Etsu Chemical (SHECY) Stock Forecast, Price & News

$15.68

+0.11 (+0.71%)

(As of 05/26/2023 ET)

Compare

Today's Range: $15.27
▼
$15.73
50-Day Range: $14.20
▼
$16.17
52-Week Range: $9.74
▼
$17.67

Volume: 125,926 shs
Average Volume: 125,655 shs
Market Capitalization: $63.48 billion

P/E Ratio: 11.67
Dividend Yield: 1.47%
Price Target: N/A

Profile Chart Competitors Earnings Financials Headlines SEC Filings Short Interest

Shin-Etsu Chemical MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.00% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 5.93%
From $1.18 to $1.25 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.34 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Shin-Etsu Chemical.

5.0

Short Interest

Percentage of Shares Shorted
0.00% of the outstanding shares of Shin-Etsu Chemical have been sold short.
Short Interest Ratio / Days to Cover
Shin-Etsu Chemical has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Shin-Etsu Chemical has recently decreased by 96.27%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Shin-Etsu Chemical pays a meaningful dividend of 1.46%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Shin-Etsu Chemical does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Shin-Etsu Chemical is 17.11%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Shin-Etsu Chemical will have a dividend payout ratio of 18.40% next year. This indicates that Shin-Etsu Chemical will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SHECY.

2.8

News and Social Media Coverage

News Sentiment
Shin-Etsu Chemical has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.30 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Shin-Etsu Chemical this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Shin-Etsu Chemical insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.02% of the stock of Shin-Etsu Chemical is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Shin-Etsu Chemical are expected to grow by 5.93% in the coming year, from $1.18 to $1.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Shin-Etsu Chemical is 11.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Shin-Etsu Chemical is 11.67, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 93.69.
Price to Book Value per Share Ratio
Shin-Etsu Chemical has a P/B Ratio of 2.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Shin-Etsu Chemical (OTCMKTS:SHECY) Stock

Shin-Etsu Chemical Co., Ltd. engages in the manufacture and sale of industrial chemicals. Its operations are carried out through the following segments: Polyvinyl Chloride (PVC)/Chlor-Alkali Business, Silicone Business, Specialty Chemicals Business, Semiconductor Silicon Business, Electronics and Functional Materials Business, and Diversified Business. The PVC/Chlor-Alkali Business segment provides PVC, caustic soda, methanol, and chloromethane. The Silicone Business segment provides silicones. The Specialty Chemicals Business segment provides cellulose derivatives, silicon metal, polyvinyl alcohol, and synthetic pheromones. The Semiconductor Silicon Business segment provides silicon wafer products. The Electronics and Functional Materials Business segment provides rare earth magnets, coating materials, photomask blanks, oxide single crystals, and liquid fluoroelastomers. The Diversified Business segment includes processed plastics, international trading, engineering, ad information processing. The company was founded on September 16, 1926 and is headquartered in Tokyo, Japan.

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SHECY Stock News Headlines

April 27, 2023 | msn.com

Short Volatility Alert: Shin-etsu Chemical

March 28, 2023 | americanbankingnews.com

Shin-Etsu Chemical Stock Scheduled to Split on Wednesday, April 5th (OTCMKTS:SHECY)

May 27, 2023 | Legacy Research (Affiliate) (Ad)

Sell every Stock except ONE

Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...

March 8, 2023 | forbes.com

Shin-Etsu Chemical

March 2, 2023 | finance.yahoo.com

Shin-Etsu Chemical Has Developed a Silicone Rubber for Molding That Is Optimal as an Insulation Covering Material for Onboard High-voltage Cable in Automobiles

February 20, 2023 | marketwatch.com

8-inch Semiconductor Wafers (200mm Semiconductor Wafers) Market Global outlook 2023 to 2030: Shin-Etsu Chemical, Sumco, Global Wafers

February 2, 2023 | finance.yahoo.com

Shin-Etsu Chemical has developed new process technologies, transfer parts and other equipment for Micro LED displays

January 26, 2023 | markets.businessinsider.com

Shin-Etsu Chemical 9-month Results Climb; Lifts Dividend, FY Outlook

May 27, 2023 | Legacy Research (Affiliate) (Ad)

Sell every Stock except ONE

Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...

January 9, 2023 | seekingalpha.com

Cycle Worries Have Opened A Window Of Opportunity At Shin-Etsu Chemical

November 16, 2022 | finance.yahoo.com

Shin-Etsu Chemical Co., Ltd. (4063.T)

October 14, 2022 | finance.yahoo.com

Shin-Etsu Chemical Has Developed the Industry’s First Silicone Film-forming Emulsion

July 27, 2022 | markets.businessinsider.com

Here's what to expect from Shin-Etsu Chemical's earnings report

June 6, 2022 | finance.yahoo.com

Here is Why Growth Investors Should Buy ShinEtsu Chemical Co. (SHECY) Now

June 4, 2022 | forbes.com

The Best Materials Stocks Of 2022

May 30, 2022 | benzinga.com

Shin-Etsu Chemical (OTC:SHECY), Short Interest Report

April 13, 2022 | finance.yahoo.com

Shin-Etsu Chemical Develops New Thermal Interface Silicone Rubber Sheet Series for Applications in Components of Electric Vehicles as the Technology for High Voltage Devices Advances

March 30, 2022 | finance.yahoo.com

Shin-Etsu Chemical Develops a New One-component Liquid Silicone Rubber Product That Is Superior in Vulcanization Characteristics and Safety

March 17, 2022 | finance.yahoo.com

ShinEtsu Chemical Co. (SHECY) Upgraded to Strong Buy: Here's What You Should Know

February 16, 2022 | finance.yahoo.com

Shin-Etsu Chemical to Make an Over ¥80 Billion Capacity-expansion Investment Mainly for Its Silicones Advanced Functional Products Line

January 27, 2022 | nasdaq.com

Shin-Etsu Chemical Co. 9-month Net Income Rises; Sales Up 36.1%

January 26, 2022 | markets.businessinsider.com

Here's what Wall Street expects from Shin-Etsu Chemical's earnings report

January 22, 2022 | nasdaq.com

Shin-Etsu Chemical Co. Ltd. ADR (SHECY)

December 29, 2021 | finance.yahoo.com

All You Need to Know About ShinEtsu Chemical Co. (SHECY) Rating Upgrade to Strong Buy

October 27, 2021 | nasdaq.com

Shin-Etsu Chemical H1 Profit Climbs, Backs FY View; Stock Up

July 27, 2021 | nasdaq.com

Shin-Etsu Chemical Q1 Profit Climbs; Sees Higher FY Results - Quick Facts

July 1, 2021 | markets.businessinsider.com

Shin-Etsu Chemical's Silicone Division To Invest 20 Bln Yen To Reduce Greenhouse Gas Emissions

See More Headlines

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SHECY Company Calendar

Today: 5/27/2023
Fiscal Year End: 3/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Private households
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: OTCMKTS:SHECY
CUSIP: N/A
CIK: 1442651
Web: www.shinetsu.co.jp
Phone: (136) 812-2300
Fax: 813-3246-5096
Employees: 24,954
Year Founded: 1926

Profitability

EPS (Most Recent Fiscal Year): $1.3440
Trailing P/E Ratio: 11.67
Forward P/E Ratio: 13.29
P/E Growth: N/A
Net Income: $5.24 billion
Net Margins: 26.32%
Pretax Margin: N/A
Return on Equity: 19.62%
Return on Assets: 16.65%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.75
Quick Ratio: 4.45

Sales & Book Value

Annual Sales: $20.79 billion
Price / Sales: 3.05
Cash Flow: $1.41 per share
Price / Cash Flow: 11.11
Book Value: $6.75 per share
Price / Book: 2.32

Miscellaneous

Outstanding Shares: 4,048,250,000
Free Float: N/A
Market Cap: $63.48 billion
Optionable: Not Optionable
Beta: 1.22

Social Links

Key Executives

Yasuhiko Saitoh
President & Representative Director

Fumio Akiya
Vice Chairman & Head-Technology

Toshio Shiobara
Executive Officer, Head-R&D Related

Toshiyuki Kasahara
Executive Officer & Accounting Manager

Yoshimitsu Takahashi
Executive Officer & Head-Personnel

Key Competitors

View All Competitors

SHECY Stock - Frequently Asked Questions

How have SHECY shares performed in 2023?: Shin-Etsu Chemical's stock was trading at $12.2048 at the beginning of 2023. Since then, SHECY shares have increased by 28.5% and is now trading at $15.68.
View the best growth stocks for 2023 here.
Are investors shorting Shin-Etsu Chemical?: Shin-Etsu Chemical saw a drop in short interest in May. As of May 15th, there was short interest totaling 14,100 shares, a drop of 96.3% from the April 30th total of 377,900 shares. Based on an average daily trading volume, of 212,900 shares, the days-to-cover ratio is presently 0.1 days.
View Shin-Etsu Chemical's Short Interest.
Is Shin-Etsu Chemical a good dividend stock?: Shin-Etsu Chemical (OTCMKTS:SHECY) pays an annual dividend of $0.23 per share and currently has a dividend yield of 1.46%. The dividend payout ratio is 17.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHECY will have a dividend payout ratio of 18.40% next year. This indicates that the company will be able to sustain or increase its dividend.
When did Shin-Etsu Chemical's stock split?: Shin-Etsu Chemical shares split before market open on Wednesday, April 5th 2023. The 2.5-1 split was announced on Wednesday, April 5th 2023. The newly created shares were payable to shareholders after the closing bell on Wednesday, April 5th 2023. An investor that had 100 shares of stock prior to the split would have 250 shares after the split.

What is Shin-Etsu Chemical's stock symbol?: Shin-Etsu Chemical trades on the OTCMKTS under the ticker symbol "SHECY."
How do I buy shares of Shin-Etsu Chemical?: Shares of SHECY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Shin-Etsu Chemical's stock price today?: One share of SHECY stock can currently be purchased for approximately $15.68.
How much money does Shin-Etsu Chemical make?: Shin-Etsu Chemical (OTCMKTS:SHECY) has a market capitalization of $63.48 billion and generates $20.79 billion in revenue each year. The basic materials company earns $5.24 billion in net income (profit) each year or $1.3440 on an earnings per share basis.
How many employees does Shin-Etsu Chemical have?: The company employs 24,954 workers across the globe.
How can I contact Shin-Etsu Chemical?: Shin-Etsu Chemical's mailing address is 6-1 Ohtemachi 2-chome Chiyoda-ku, Tokyo M0, 100-0004. The official website for the company is www.shinetsu.co.jp. The basic materials company can be reached via phone at (136) 812-2300, via email at sec-pr@shinetsu.jp, or via fax at 813-3246-5096.

This page (OTCMKTS:SHECY) was last updated on 5/27/2023 by MarketBeat.com Staff

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