ScoreWhy is ASICS Corp. ?
1
Strong Long Term Fundamental Strength with a 98.84% CAGR growth in Operating Profits
- Company has a low Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Capital Employed (avg) of 23.52% signifying high profitability per unit of total capital (equity and debt)
2
With a growth in Net Profit of 41.84%, the company declared Very Positive results in Jun 25
- The company has declared positive results for the last 5 consecutive quarters
- OPERATING CASH FLOW(Y) Highest at JPY 46,411 MM
- NET SALES(HY) At JPY 402,798 MM has Grown at 17.71%
- ROCE(HY) Highest at 30.58%
3
With ROCE of 53.67%, it has a attractive valuation with a 12.64 Enterprise value to Capital Employed
- 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 22.88%, its profits have risen by 38.1%
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to ASICS Corp. should be less than 10%
- Overall Portfolio exposure to Footwear should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Footwear)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is ASICS Corp. for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
ASICS Corp.
22.88%
486.87
44.49%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
14.34%
EBIT Growth (5y)
98.84%
EBIT to Interest (avg)
12.73
Debt to EBITDA (avg)
0.48
Net Debt to Equity (avg)
-0.13
Sales to Capital Employed (avg)
2.00
Tax Ratio
33.52%
Dividend Payout Ratio
22.65%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
23.52%
ROE (avg)
16.09%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
36
Industry P/E
Price to Book Value
11.12
EV to EBIT
23.54
EV to EBITDA
19.69
EV to Capital Employed
12.64
EV to Sales
3.66
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
53.67%
ROE (Latest)
31.28%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend15What is working for the Company
OPERATING CASH FLOW(Y)
Highest at JPY 46,411 MM
NET SALES(HY)
At JPY 402,798 MM has Grown at 17.71%
ROCE(HY)
Highest at 30.58%
DEBT-EQUITY RATIO
(HY)
Lowest at -5.84 %
DIVIDEND PER SHARE(HY)
Highest at JPY 7.93
RAW MATERIAL COST(Y)
Fallen by -2.17% (YoY
CASH AND EQV(HY)
Highest at JPY 238,211 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 2.57%
-2What is not working for the Company
DIVIDEND PAYOUT RATIO(Y)
Lowest at 39.05%
Here's what is working for ASICS Corp.
Net Sales
At JPY 402,798 MM has Grown at 17.71%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Debt-Equity Ratio
Lowest at -5.84 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Dividend per share
Highest at JPY 7.93 and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Operating Cash Flow
Highest at JPY 46,411 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (JPY MM)
Cash and Eqv
Highest at JPY 238,211 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Inventory Turnover Ratio
Highest at 2.57%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Raw Material Cost
Fallen by -2.17% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at JPY 5,978 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 ASICS Corp.
Dividend Payout Ratio
Lowest at 39.05% and Fallen
In each year in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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