Why is Bplats, Inc. ?
1
Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 3.89
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 3.89
2
High Debt company with Weak Long Term Fundamental Strength
3
The company has declared Negative results for the last 7 consecutive quarters
- NET SALES(HY) At JPY 347.63 MM has Grown at -19.14%
- INTEREST(HY) At JPY 14.53 MM has Grown at 337.84%
- ROCE(HY) Lowest at -69.04%
4
Risky - Negative Operating Profits
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -5.01%, its profits have fallen by -148.1%
5
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -5.01% 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 Computers - Software & Consulting)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Bplats, Inc. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Bplats, Inc.
-5.01%
-0.66
57.26%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality key factors
Factor
Value
Sales Growth (5y)
5.62%
EBIT Growth (5y)
-4.08%
EBIT to Interest (avg)
3.89
Debt to EBITDA (avg)
3.98
Net Debt to Equity (avg)
2.21
Sales to Capital Employed (avg)
0.76
Tax Ratio
4.53%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
6.42%
ROE (avg)
7.77%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
3.90
EV to EBIT
-8.38
EV to EBITDA
40.27
EV to Capital Employed
1.90
EV to Sales
2.46
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-22.72%
ROE (Latest)
-81.72%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
6What is working for the Company
NET PROFIT(HY)
Higher at JPY -67.72 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 7,172.59%
RAW MATERIAL COST(Y)
Fallen by -9,091.43% (YoY
-20What is not working for the Company
NET SALES(HY)
At JPY 347.63 MM has Grown at -19.14%
INTEREST(HY)
At JPY 14.53 MM has Grown at 337.84%
ROCE(HY)
Lowest at -69.04%
DEBT-EQUITY RATIO
(HY)
Highest at 258.75 %
CASH AND EQV(HY)
Lowest at JPY 261.41 MM
Here's what is working for Bplats, Inc.
Net Profit
Higher at JPY -67.72 MM
than preceding 12 month period ended Jun 2025MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (JPY MM)
Inventory Turnover Ratio
Highest at 7,172.59% and Grown
In each half year 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 -9,091.43% (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 67.55 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 Bplats, Inc.
Net Sales
At JPY 347.63 MM has Grown at -19.14%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (JPY MM)
Interest
At JPY 14.53 MM has Grown at 337.84%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Debt-Equity Ratio
Highest at 258.75 % and Grown
In each half year 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
Cash and Eqv
Lowest at JPY 261.41 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






