Why is BELLSYSTEM24 Holdings, Inc. ?
1
The company is Net-Debt Free
- Poor long term growth as Operating profit has grown by an annual rate -0.98% of over the last 5 years
- The company is Net-Debt Free
2
Poor long term growth as Operating profit has grown by an annual rate -0.98% of over the last 5 years
3
Flat results in May 26
- INTEREST COVERAGE RATIO(Q) Lowest at 2,267.09
- INTEREST(Q) Highest at JPY 234 MM
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -0.51% 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 Miscellaneous)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is BELLSYSTEM24 Holdings, Inc. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
BELLSYSTEM24 Holdings, Inc.
-100.0%
-0.56
19.49%
Japan Nikkei 225
60.14%
2.04
29.37%
Quality key factors
Factor
Value
Sales Growth (5y)
1.44%
EBIT Growth (5y)
-0.98%
EBIT to Interest (avg)
20.47
Debt to EBITDA (avg)
2.22
Net Debt to Equity (avg)
0.63
Sales to Capital Employed (avg)
1.18
Tax Ratio
30.97%
Dividend Payout Ratio
54.44%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.59%
ROE (avg)
13.59%
Valuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
1.38
EV to EBIT
12.06
EV to EBITDA
6.89
EV to Capital Employed
1.24
EV to Sales
0.98
PEG Ratio
12.21
Dividend Yield
NA
ROCE (Latest)
10.32%
ROE (Latest)
11.31%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
No Trend
Technical Movement
8What is working for the Company
OPERATING CASH FLOW(Y)
Highest at JPY 16,659 MM
DEBT-EQUITY RATIO
(HY)
Lowest at 71.67 %
RAW MATERIAL COST(Y)
Fallen by -3.18% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 7.48 times
NET SALES(Q)
Highest at JPY 36,701 MM
-12What is not working for the Company
INTEREST COVERAGE RATIO(Q)
Lowest at 2,267.09
INTEREST(Q)
Highest at JPY 234 MM
Here's what is working for BELLSYSTEM24 Holdings, Inc.
Operating Cash Flow
Highest at JPY 16,659 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (JPY MM)
Debt-Equity Ratio
Lowest at 71.67 % 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
Net Sales
Highest at JPY 36,701 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Debtors Turnover Ratio
Highest at 7.48 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 -3.18% (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 BELLSYSTEM24 Holdings, Inc.
Interest
At JPY 234 MM has Grown at 18.18%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest Coverage Ratio
Lowest at 2,267.09
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest
Highest at JPY 234 MM
in the last five periods and Increased by 18.18% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)






