OTCMKTS:SHECY

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

$15.25

-0.23 (-1.49%)

(As of 09/21/2023 ET)

Compare

Today's Range: $15.25
▼
$15.76
50-Day Range: $15.33
▼
$17.04
52-Week Range: $9.74
▼
$17.67

Volume: 104,607 shs
Average Volume: 109,816 shs
Market Capitalization: $61.74 billion

P/E Ratio: 11.52
Dividend Yield: 1.84%
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: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 15.84%
From $1.01 to $1.17 Per Share

Overall MarketRank^™

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

2.22 out of 5 stars

N/A

Analyst's Opinion

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

3.0

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 0.2, 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 increased by 71.19%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Shin-Etsu Chemical pays a meaningful dividend of 1.81%, 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 Sustainability
Based on earnings estimates, Shin-Etsu Chemical will have a dividend payout ratio of 23.93% 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.

2.4

News and Social Media Coverage

News Sentiment
Shin-Etsu Chemical has a news sentiment score of 0.34. 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 lower news sentiment than the 0.48 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.
MarketBeat Follows
2 people have added Shin-Etsu Chemical to their MarketBeat watchlist in the last 30 days.

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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Shin-Etsu Chemical are expected to grow by 15.84% in the coming year, from $1.01 to $1.17 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Shin-Etsu Chemical is 11.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.50.
Price to Earnings Ratio vs. Sector
The P/E ratio of Shin-Etsu Chemical is 11.52, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 92.70.
Price to Book Value per Share Ratio
Shin-Etsu Chemical has a P/B Ratio of 2.06. 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. provides infrastructure, electronics, and functional materials in Japan. It is also involved in processing and specialized related services. The company operates through Infrastructure Materials; Electronics Materials; Functional Materials; and Processing and Specialized Services segments. In addition, it offers cellulose derivatives, synthetic pheromones, aroma chemicals, dielectric and LED/ semiconductor materials, silanes, photoresists, chlorides, caustic soda, liquid fluoroelastomers, polyvinyl chloride and vinyl acetate resin, silicones, and silicones processed goods. Further, the company offers pellicles, photomask blanks, synthetic quartz/ quartz cloth, pyrolytic boron nitride, LIB anode material, and silicon metal. Additionally, it provides rare earth magnets, compound semiconductors, and oxide single crystals. The company was formerly known as Shin-Etsu Nitrogen Fertilizer Co., Ltd. and changed its name to Shin-Etsu Chemical Co., Ltd. in 1940. Shin-Etsu Chemical Co., Ltd. was incorporated in 1926 and is headquartered in Tokyo, Japan.

SHECY Price History

30 days | 90 days | 365 days | Advanced Chart

SHECY Stock News Headlines

September 21, 2023 | msn.com

Shin-Etsu Chemical Outperforming While Others Struggle

September 14, 2023 | americanbankingnews.com

Shin-Etsu Chemical (OTCMKTS:SHECY) Share Price Passes Below 200-Day Moving Average of $15.66

September 22, 2023 | Behind the Markets (Ad)

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In October 2013, a scientist wrote 3 words on a piece of paper. They were simple words. A fiveyear-old could say them. But these three words could deliver you a 3,000% return in 2023 >>>

September 12, 2023 | americanbankingnews.com

Comparing Shin-Etsu Chemical (OTCMKTS:SHECY) and Wilmar International (OTCMKTS:WLMIY)

August 11, 2023 | uk.investing.com

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

July 27, 2023 | finance.yahoo.com

Shin-Etsu to enhance its high-performance silicones products and expand its line-up of eco-friendly products

July 11, 2023 | morningstar.com

Shin-Etsu Chemical Co Ltd ADR

April 27, 2023 | msn.com

Short Volatility Alert: Shin-etsu Chemical

September 22, 2023 | Behind the Markets (Ad)

3 Words and a 3,000% Return

In October 2013, a scientist wrote 3 words on a piece of paper. They were simple words. A fiveyear-old could say them. But these three words could deliver you a 3,000% return in 2023 >>>

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

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

See More Headlines

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SHECY Company Calendar

Last Earnings: 7/27/2023
Today: 9/22/2023
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: 25,717
Year Founded: 1926

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 11.52
Forward P/E Ratio: 15.10
P/E Growth: N/A
Net Income: $5.29 billion
Net Margins: 26.32%
Pretax Margin: 36.32%
Return on Equity: 19.62%
Return on Assets: 16.65%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.23
Quick Ratio: 4.71

Sales & Book Value

Annual Sales: $20.79 billion
Price / Sales: 2.97
Cash Flow: $1.66 per share
Price / Cash Flow: 9.17
Book Value: $7.42 per share
Price / Book: 2.06

Miscellaneous

Outstanding Shares: 4,048,250,000
Free Float: N/A
Market Cap: $61.74 billion
Optionable: Not Optionable
Beta: 1.22

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Key Executives

Mr. Yasuhiko Saitoh (Age 68)
Pres & Representative Director
Comp: $1.45M

Mr. Masahiko Todoroki
Sr. Managing Corp. Officer & Director

Mr. Susumu Ueno (Age 80)
Sr. Managing Corp. Officer, GM of Silicone Division & Director
Comp: $609.03k

Mr. Toshiyuki Kasahara
Corp. Officer and Gen. Mang. of Fin. & Accounting Department

Yukihito Adachi
Gen. Mang. of PR Department

Mr. Masaki Miyajima
Managing Corp. Officer

Mr. Fumio Arai
Managing Corp. Officer

Yukihiro Matsui
Managing Corp. Officer

Mr. Toshiya Akimoto
Managing Corp. Officer and GM of Office for Digitization & Digitalization

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 stock has increased by 25.0% and is now trading at $15.25.
View the best growth stocks for 2023 here.
Are investors shorting Shin-Etsu Chemical?: Shin-Etsu Chemical saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 51,700 shares, an increase of 71.2% from the August 15th total of 30,200 shares. Based on an average daily volume of 280,900 shares, the days-to-cover ratio is presently 0.2 days.
View Shin-Etsu Chemical's Short Interest.
How were Shin-Etsu Chemical's earnings last quarter?: Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY) issued its earnings results on Thursday, July, 27th. The basic materials company reported $0.28 EPS for the quarter. The basic materials company earned $4.37 billion during the quarter. Shin-Etsu Chemical had a trailing twelve-month return on equity of 19.62% and a net margin of 26.32%.
Is Shin-Etsu Chemical a good dividend stock?: Shin-Etsu Chemical (OTCMKTS:SHECY) pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.81%.
When did Shin-Etsu Chemical's stock split?: Shin-Etsu Chemical's stock split before market open on Wednesday, April 5th 2023. The 2.5-1 split was announced on Wednesday, April 5th 2023. The newly issued shares were issued 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 $15.25.
How much money does Shin-Etsu Chemical make?: Shin-Etsu Chemical (OTCMKTS:SHECY) has a market capitalization of $61.74 billion and generates $20.79 billion in revenue each year.
How many employees does Shin-Etsu Chemical have?: The company employs 25,717 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 9/22/2023 by MarketBeat.com Staff

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