Dashboard
1
Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.59
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.59
2
Poor long term growth as Net Sales has grown by an annual rate of -0.10% over the last 5 years
3
The company has declared Negative results for the last 4 consecutive quarters
4
With ROCE of 5.83%, it has a expensive valuation with a 0.96 Enterprise value to Capital Employed
5
Consistent Underperformance against the benchmark over the last 3 years
Stock DNA
Tour, Travel Related Services
JPY 8,225 Million (Micro Cap)
10.00
NA
0.00%
1.31
9.91%
0.91
Revenue and Profits:
Net Sales:
5,544 Million
(Quarterly Results - Jun 2025)
Net Profit:
338 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
0.3%
0%
0.3%
6 Months
6.07%
0%
6.07%
1 Year
-8.54%
0%
-8.54%
2 Years
1.53%
0%
1.53%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%
NOVARESE, Inc. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
-0.10%
EBIT Growth (5y)
-8.21%
EBIT to Interest (avg)
28.30
Debt to EBITDA (avg)
3.88
Net Debt to Equity (avg)
1.51
Sales to Capital Employed (avg)
0.79
Tax Ratio
29.26%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.90%
ROE (avg)
33,144.66%
Valuation key factors
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
0.89
EV to EBIT
16.51
EV to EBITDA
6.21
EV to Capital Employed
0.96
EV to Sales
1.25
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
5.83%
ROE (Latest)
9.19%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY
Jun'25
Jun'24
Change(%)
Net Sales
5,543.80
4,774.80
16.11%
Operating Profit (PBDIT) excl Other Income
1,257.20
1,044.90
20.32%
Interest
112.40
88.40
27.15%
Exceptional Items
0.00
0.00
Consolidate Net Profit
337.60
239.60
40.90%
Operating Profit Margin (Excl OI)
115.90%
89.70%
2.62%
USD in Million.
Net Sales
YoY Growth in quarter ended Jun 2025 is 16.11% vs -2.97% in Jun 2024
Consolidated Net Profit
YoY Growth in quarter ended Jun 2025 is 40.90% vs -39.30% in Jun 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
19,299.70
18,265.40
5.66%
Operating Profit (PBDIT) excl Other Income
3,794.50
3,909.50
-2.94%
Interest
395.20
332.30
18.93%
Exceptional Items
0.00
-32.70
100.00%
Consolidate Net Profit
663.90
942.30
-29.54%
Operating Profit Margin (Excl OI)
68.10%
85.70%
-1.76%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 5.66% vs 6.06% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -29.54% vs -43.13% in Dec 2023
About NOVARESE, Inc. 
NOVARESE, Inc.
Tour, Travel Related Services
No Details Available.
Company Coordinates 
No Company Details Available






