Why is Central Glass Co., Ltd. ?
1
With a growth in Net Sales of 4.9%, the company declared Outstanding results in Mar 26
- The company has declared positive results for the last 2 consecutive quarters
- NET PROFIT(Q) At JPY 2,690.71 MM has Grown at 245.96%
- DEBT-EQUITY RATIO (HY) Lowest at 3.92 %
- DIVIDEND PAYOUT RATIO(Y) Highest at 80.93%
2
With ROCE of 6.41%, it has a very attractive valuation with a 0.90 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 49.03%, its profits have fallen by -45%
- At the current price, the company has a high dividend yield of 0
How much should you buy?
- Overall Portfolio exposure to Central Glass Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Other Industrial Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Industrial Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Central Glass Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Central Glass Co., Ltd.
49.03%
0.82
26.26%
Japan Nikkei 225
75.22%
2.67
28.15%
Quality key factors
Factor
Value
Sales Growth (5y)
-5.79%
EBIT Growth (5y)
17.00%
EBIT to Interest (avg)
32.20
Debt to EBITDA (avg)
1.50
Net Debt to Equity (avg)
0.15
Sales to Capital Employed (avg)
0.93
Tax Ratio
32.32%
Dividend Payout Ratio
74.20%
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
7.12%
ROE (avg)
15.28%
Valuation Key Factors 
Factor
Value
P/E Ratio
14
Industry P/E
Price to Book Value
0.88
EV to EBIT
13.99
EV to EBITDA
7.07
EV to Capital Employed
0.90
EV to Sales
0.83
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
6.41%
ROE (Latest)
6.13%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Bullish
Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
18What is working for the Company
NET PROFIT(Q)
At JPY 2,690.71 MM has Grown at 245.96%
DEBT-EQUITY RATIO
(HY)
Lowest at 3.92 %
DIVIDEND PAYOUT RATIO(Y)
Highest at 80.93%
RAW MATERIAL COST(Y)
Fallen by -12.54% (YoY
NET SALES(Q)
Highest at JPY 39,958 MM
PRE-TAX PROFIT(Q)
At JPY 4,089 MM has Grown at 58.67%
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Central Glass Co., Ltd.
Net Profit
At JPY 2,690.71 MM has Grown at 245.96%
over average net sales of the previous four periods of JPY -1,843.47 MMMOJO Watch
Near term Net Profit trend is very positive
Net Profit (JPY MM)
Debt-Equity Ratio
Lowest at 3.92 % 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 39,958 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Pre-Tax Profit
At JPY 4,089 MM has Grown at 58.67%
over average net sales of the previous four periods of JPY 2,577 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Dividend Payout Ratio
Highest at 80.93%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Raw Material Cost
Fallen by -12.54% (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






