Why is Basis Corp. ?
1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 43.46
2
Healthy long term growth as Net Sales has grown by an annual rate of 391.41% and Operating profit at 190.54%
3
Positive results in Mar 26
- NET PROFIT(HY) Higher at JPY 123.06 MM
- DEBT-EQUITY RATIO (HY) Lowest at -14.96 %
- RAW MATERIAL COST(Y) Fallen by -0.46% (YoY)
4
With ROE of 5.47%, it has a very expensive valuation with a 1.58 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 -12.55%, its profits have fallen by -11.8%
5
Below par performance in long term as well as near term
- Along with generating -12.55% 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 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 Construction)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Basis Corp. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Basis Corp.
-100.0%
2.50
23.67%
Japan Nikkei 225
75.22%
3.09
27.80%
Quality key factors
Factor
Value
Sales Growth (5y)
391.41%
EBIT Growth (5y)
190.54%
EBIT to Interest (avg)
43.46
Debt to EBITDA (avg)
0.96
Net Debt to Equity (avg)
-0.11
Sales to Capital Employed (avg)
2.67
Tax Ratio
40.62%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
11.68%
ROE (avg)
7.18%
Valuation Key Factors 
Factor
Value
P/E Ratio
29
Industry P/E
Price to Book Value
1.58
EV to EBIT
14.56
EV to EBITDA
10.79
EV to Capital Employed
1.69
EV to Sales
0.36
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
11.62%
ROE (Latest)
5.47%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
7What is working for the Company
NET PROFIT(HY)
Higher at JPY 123.06 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -14.96 %
RAW MATERIAL COST(Y)
Fallen by -0.46% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 4.71 times
-2What is not working for the Company
INTEREST(Q)
At JPY 1.99 MM has Grown at 14.49%
Here's what is working for Basis Corp.
Net Profit
Higher at JPY 123.06 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)
Debt-Equity Ratio
Lowest at -14.96 % 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
Debtors Turnover Ratio
Highest at 4.71 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -0.46% (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
Here's what is not working for Basis Corp.
Interest
At JPY 1.99 MM has Grown at 14.49%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)






