ScoreWhy is Canare Electric Co., Ltd. ?
1
Company has very low debt and has enough cash to service the debt requirements
2
Poor long term growth as Net Sales has grown by an annual rate of 2.22% and Operating profit at 5.43% over the last 5 years
3
Negative results in Jun 25
- DEBT-EQUITY RATIO (HY) Highest at -49.34 %
4
With ROE of 6.04%, it has a very attractive valuation with a 0.61 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 28.79%, its profits have fallen by -7.5%
- At the current price, the company has a high dividend yield of 0.1
5
Underperformed the market in the last 1 year
- The stock has generated a return of 28.79% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 39.94%
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Canare Electric Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Canare Electric Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Canare Electric Co., Ltd.
28.29%
0.92
21.95%
Japan Nikkei 225
38.59%
1.50
26.58%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
2.22%
EBIT Growth (5y)
5.43%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.54
Sales to Capital Employed (avg)
0.72
Tax Ratio
28.97%
Dividend Payout Ratio
37.34%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
20.30%
ROE (avg)
5.66%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
0.60
EV to EBIT
0.74
EV to EBITDA
0.64
EV to Capital Employed
0.14
EV to Sales
0.09
PEG Ratio
NA
Dividend Yield
0.06%
ROCE (Latest)
18.34%
ROE (Latest)
6.04%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend5What is working for the Company
INTEREST COVERAGE RATIO(Q)
The company hardly has any interest cost
RAW MATERIAL COST(Y)
Fallen by -3.4% (YoY
NET PROFIT(Q)
At JPY 285.03 MM has Grown at 78.1%
-1What is not working for the Company
DEBT-EQUITY RATIO
(HY)
Highest at -49.34 %
Here's what is working for Canare Electric Co., Ltd.
Net Profit
At JPY 285.03 MM has Grown at 78.1%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Raw Material Cost
Fallen by -3.4% (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 Canare Electric Co., Ltd.
Debt-Equity Ratio
Highest at -49.34 %
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
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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