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
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -59.87%, its profits have risen by 40.2%
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -59.87% 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.
-59.87%
-1.42
55.42%
Japan Nikkei 225
85.83%
3.09
27.80%
Quality key factors
Factor
Value
Sales Growth (5y)
0.19%
EBIT Growth (5y)
-198.05%
EBIT to Interest (avg)
3.89
Debt to EBITDA (avg)
3.98
Net Debt to Equity (avg)
2.21
Sales to Capital Employed (avg)
0.73
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
5.65
EV to EBIT
-18.10
EV to EBITDA
14.02
EV to Capital Employed
2.62
EV to Sales
3.03
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-14.49%
ROE (Latest)
-48.52%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Movement
9What is working for the Company
NET PROFIT(HY)
Higher at JPY -66.53 MM
ROCE(HY)
Highest at 0%
RAW MATERIAL COST(Y)
Fallen by -31.93% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at -92.86 %
NET SALES(Q)
Highest at JPY 212.84 MM
-3What is not working for the Company
OPERATING PROFIT(Q)
Lowest at JPY 29.43 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 13.83 %
EPS(Q)
Lowest at JPY -280.01
Here's what is working for Bplats, Inc.
Net Profit
Higher at JPY -66.53 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)
Net Sales
Highest at JPY 212.84 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Net Sales
At JPY 212.84 MM has Grown at 22.72%
over average net sales of the previous four periods of JPY 173.43 MMMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Debt-Equity Ratio
Lowest at -92.86 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Raw Material Cost
Fallen by -31.93% (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 Bplats, Inc.
Operating Profit
Lowest at JPY 29.43 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (JPY MM)
Operating Profit Margin
Lowest at 13.83 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
EPS
Lowest at JPY -280.01
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (JPY)






