Why is Asahi Printing Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 1.67% and Operating profit at 2.17% over the last 5 years
2
The company has declared Negative results for the last 6 consecutive quarters
- INTEREST(9M) At JPY 144.34 MM has Grown at 45.64%
- INTEREST COVERAGE RATIO(Q) Lowest at 2,449.02
- RAW MATERIAL COST(Y) Grown by 8.04% (YoY)
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -2.80% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Packaging)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Asahi Printing Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Asahi Printing Co., Ltd.
-2.8%
-0.65
10.60%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality key factors
Factor
Value
Sales Growth (5y)
1.67%
EBIT Growth (5y)
2.17%
EBIT to Interest (avg)
21.46
Debt to EBITDA (avg)
1.63
Net Debt to Equity (avg)
0.26
Sales to Capital Employed (avg)
0.84
Tax Ratio
30.63%
Dividend Payout Ratio
47.36%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.25%
ROE (avg)
5.27%
Valuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
Price to Book Value
0.58
EV to EBIT
14.05
EV to EBITDA
5.51
EV to Capital Employed
0.67
EV to Sales
0.65
PEG Ratio
0.53
Dividend Yield
0.06%
ROCE (Latest)
4.74%
ROE (Latest)
5.25%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Bearish
Bearish
Technical Movement
1What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 2.79%
-11What is not working for the Company
INTEREST(9M)
At JPY 144.34 MM has Grown at 45.64%
INTEREST COVERAGE RATIO(Q)
Lowest at 2,449.02
RAW MATERIAL COST(Y)
Grown by 8.04% (YoY
Here's what is working for Asahi Printing Co., Ltd.
Debtors Turnover Ratio
Highest at 2.79%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Asahi Printing Co., Ltd.
Interest
At JPY 100.95 MM has Grown at 48.63%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest Coverage Ratio
Lowest at 2,449.02
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Raw Material Cost
Grown by 8.04% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






