Why is Asia Air Survey Co., Ltd. ?
1
High Management Efficiency with a high ROE of 9.80%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 41.68
3
Flat results in Mar 26
- DEBT-EQUITY RATIO (HY) Highest at 35.67 %
- DEBTORS TURNOVER RATIO(HY) Lowest at 1.44 times
- INTEREST(Q) Highest at JPY 66.6 MM
4
With ROE of 10.04%, it has a very attractive valuation with a 1.11 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -0.63%, its profits have risen by 56.6% ; the PEG ratio of the company is 0.2
- At the current price, the company has a high dividend yield of 0
5
Below par performance in long term as well as near term
- Along with generating -0.63% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Asia Air Survey Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Software Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Asia Air Survey Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Asia Air Survey Co., Ltd.
-3.12%
0.30
19.77%
Japan Nikkei 225
71.75%
2.62
26.55%
Quality key factors
Factor
Value
Sales Growth (5y)
6.02%
EBIT Growth (5y)
1.95%
EBIT to Interest (avg)
41.68
Debt to EBITDA (avg)
0.55
Net Debt to Equity (avg)
0.27
Sales to Capital Employed (avg)
1.51
Tax Ratio
38.36%
Dividend Payout Ratio
44.40%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
12.28%
ROE (avg)
9.80%
Valuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
Price to Book Value
1.11
EV to EBIT
9.83
EV to EBITDA
6.20
EV to Capital Employed
1.08
EV to Sales
0.75
PEG Ratio
0.20
Dividend Yield
NA
ROCE (Latest)
11.01%
ROE (Latest)
10.04%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Movement
7What is working for the Company
NET PROFIT(HY)
Higher at JPY 2,072.86 MM
DIVIDEND PAYOUT RATIO(Y)
Highest at 16.35%
CASH AND EQV(HY)
Highest at JPY 10,359.68 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 60.96 times
DIVIDEND PER SHARE(HY)
Highest at JPY 1.44
-13What is not working for the Company
DEBT-EQUITY RATIO
(HY)
Highest at 35.67 %
DEBTORS TURNOVER RATIO(HY)
Lowest at 1.44 times
INTEREST(Q)
Highest at JPY 66.6 MM
Here's what is working for Asia Air Survey Co., Ltd.
Net Profit
Higher at JPY 2,072.86 MM
than preceding 12 month period ended Mar 2026MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (JPY MM)
Cash and Eqv
Highest at JPY 10,359.68 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Inventory Turnover Ratio
Highest at 60.96 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Dividend per share
Highest at JPY 1.44
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Dividend Payout Ratio
Highest at 16.35%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Depreciation
Highest at JPY 520.09 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (JPY MM)
Here's what is not working for Asia Air Survey Co., Ltd.
Interest
At JPY 66.6 MM has Grown at 73.21%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest
Highest at JPY 66.6 MM
in the last five periods and Increased by 73.21% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Debt-Equity Ratio
Highest at 35.67 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Debtors Turnover Ratio
Lowest at 1.44 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






