Elecom Co., Ltd.

  • Market Cap: Small Cap
  • Industry: IT - Hardware
  • ISIN: JP3168200008
JPY
1,639.00
-7 (-0.43%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Wacom Co., Ltd.
Elecom Co., Ltd.
Canon, Inc.
Ai Holdings Corp.
Sato Holdings Corp.
Ricoh Co., Ltd.
Seiko Epson Corp.
Brother Industries, Ltd.
EIZO Corp.
Konica Minolta, Inc.
Riso Kagaku Corp.

Why is Elecom Co., Ltd. ?

1
High Management Efficiency with a high ROE of 11.90%
2
Company has very low debt and has enough cash to service the debt requirements
3
The company has declared Positive results for the last 3 consecutive quarters
  • ROCE(HY) Highest at 19.89%
  • RAW MATERIAL COST(Y) Fallen by -0.86% (YoY)
  • CASH AND EQV(HY) Highest at JPY 122,105 MM
4
With ROE of 11.26%, it has a very attractive valuation with a 2.02 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 -3.70%, its profits have fallen by -5.6%
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Elecom Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to IT - Hardware should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in IT - Hardware)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Elecom Co., Ltd. for you?

Low Risk, Low Return

Absolute
Risk Adjusted
Volatility
Elecom Co., Ltd.
-3.7%
0.17
25.44%
Japan Nikkei 225
36.73%
1.30
28.24%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
3.17%
EBIT Growth (5y)
-0.86%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.66
Sales to Capital Employed (avg)
1.34
Tax Ratio
28.28%
Dividend Payout Ratio
40.26%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
55.46%
ROE (avg)
11.90%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
18
Industry P/E
Price to Book Value
2.02
EV to EBIT
8.35
EV to EBITDA
6.51
EV to Capital Employed
3.99
EV to Sales
0.96
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
47.85%
ROE (Latest)
11.26%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

11What is working for the Company
ROCE(HY)

Highest at 19.89%

RAW MATERIAL COST(Y)

Fallen by -0.86% (YoY

CASH AND EQV(HY)

Highest at JPY 122,105 MM

NET SALES(Q)

Highest at JPY 36,437 MM

OPERATING PROFIT(Q)

Highest at JPY 5,519 MM

PRE-TAX PROFIT(Q)

Highest at JPY 5,106 MM

NET PROFIT(Q)

Highest at JPY 4,545.26 MM

EPS(Q)

Highest at JPY 144.99

-5What is not working for the Company
INTEREST(9M)

At JPY 2 MM has Grown at inf%

DEBTORS TURNOVER RATIO(HY)

Lowest at 4.7 times

Here's what is working for Elecom Co., Ltd.

Net Sales
Highest at JPY 36,437 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (JPY MM)

Net Sales
At JPY 36,437 MM has Grown at 21.22%
over average net sales of the previous four periods of JPY 30,057.75 MM
MOJO Watch
Near term sales trend is positive

Net Sales (JPY MM)

Operating Profit
Highest at JPY 5,519 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (JPY MM)

Pre-Tax Profit
Highest at JPY 5,106 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (JPY MM)

Net Profit
Highest at JPY 4,545.26 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (JPY MM)

Net Profit
At JPY 4,545.26 MM has Grown at 78.54%
over average net sales of the previous four periods of JPY 2,545.75 MM
MOJO Watch
Near term Net Profit trend is positive

Net Profit (JPY MM)

EPS
Highest at JPY 144.99
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (JPY)

Cash and Eqv
Highest at JPY 122,105 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Raw Material Cost
Fallen by -0.86% (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 1,055 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (JPY MM)

Here's what is not working for Elecom Co., Ltd.

Interest
At JPY 2 MM has Grown at inf%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Debtors Turnover Ratio
Lowest at 4.7 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio