Why is Brass Corp. ?
1
High Management Efficiency with a high ROCE of 11.04%
2
High Debt company with Weak Long Term Fundamental Strength
3
The company has declared positive results in Jan'2025 after 4 consecutive negative quarters
- PRE-TAX PROFIT(Q) At JPY 235.19 MM has Grown at 111.38%
- NET PROFIT(Q) At JPY 174.01 MM has Grown at 152.33%
- RAW MATERIAL COST(Y) Fallen by -0.35% (YoY)
4
With ROCE of 6.73%, it has a expensive valuation with a 0.94 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 20.66%, its profits have fallen by -62%
How much should you hold?
- Overall Portfolio exposure to Brass Corp. should be less than 10%
- Overall Portfolio exposure to Tour, Travel Related Services should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Tour, Travel Related Services)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Brass Corp. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Brass Corp.
20.66%
-0.16
23.30%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality key factors
Factor
Value
Sales Growth (5y)
2.64%
EBIT Growth (5y)
-13.99%
EBIT to Interest (avg)
23.76
Debt to EBITDA (avg)
1.37
Net Debt to Equity (avg)
0.57
Sales to Capital Employed (avg)
1.61
Tax Ratio
32.70%
Dividend Payout Ratio
15.66%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
12.77%
ROE (avg)
15.66%
Valuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
Price to Book Value
0.91
EV to EBIT
14.00
EV to EBITDA
4.85
EV to Capital Employed
0.94
EV to Sales
0.45
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
6.73%
ROE (Latest)
6.93%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bearish
Sideways
Moving Averages
Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bullish
No Trend
Technical Movement
13What is working for the Company
PRE-TAX PROFIT(Q)
At JPY 235.19 MM has Grown at 111.38%
NET PROFIT(Q)
At JPY 174.01 MM has Grown at 152.33%
RAW MATERIAL COST(Y)
Fallen by -0.35% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at 34.24 %
NET SALES(Q)
Highest at JPY 3,550.75 MM
-13What is not working for the Company
INVENTORY TURNOVER RATIO(HY)
Lowest at 22.02%
INTEREST(Q)
Highest at JPY 8.47 MM
Here's what is working for Brass Corp.
Pre-Tax Profit
At JPY 235.19 MM has Grown at 111.38%
over average net sales of the previous four periods of JPY 111.27 MMMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 174.01 MM has Grown at 152.33%
over average net sales of the previous four periods of JPY 68.96 MMMOJO Watch
Near term Net Profit trend is very positive
Net Profit (JPY MM)
Net Sales
Highest at JPY 3,550.75 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Debt-Equity Ratio
Lowest at 34.24 %
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 -0.35% (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 Brass Corp.
Interest
At JPY 8.47 MM has Grown at 14.54%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Inventory Turnover Ratio
Lowest at 22.02% and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Interest
Highest at JPY 8.47 MM
in the last five periods and Increased by 14.54% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)






