Why is Enplas Corp. ?
1
The company has declared positive results for the last 3 consecutive quarters
- NET SALES(HY) At JPY 21,639 MM has Grown at 17.8%
- NET PROFIT(HY) At JPY 3,069.56 MM has Grown at 63.16%
- ROCE(HY) Highest at 8.88%
2
With ROE of 8.55%, it has a very attractive valuation with a 1.98 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 181.83%, its profits have risen by 24.4% ; the PEG ratio of the company is 1
- At the current price, the company has a high dividend yield of 0
3
Market Beating Performance
- The stock has generated a return of 181.83% in the last 1 year, much higher than market (Japan Nikkei 225) returns of 60.75%
How much should you buy?
- Overall Portfolio exposure to Enplas Corp. should be less than 10%
- Overall Portfolio exposure to Industrial Manufacturing should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Enplas Corp. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Enplas Corp.
181.83%
0.61
74.81%
Japan Nikkei 225
60.75%
2.10
28.98%
Quality key factors
Factor
Value
Sales Growth (5y)
7.50%
EBIT Growth (5y)
27.91%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.43
Sales to Capital Employed (avg)
0.70
Tax Ratio
16.42%
Dividend Payout Ratio
15.31%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
19.38%
ROE (avg)
7.59%
Valuation Key Factors 
Factor
Value
P/E Ratio
23
Industry P/E
Price to Book Value
1.98
EV to EBIT
15.32
EV to EBITDA
11.20
EV to Capital Employed
2.51
EV to Sales
2.36
PEG Ratio
0.95
Dividend Yield
NA
ROCE (Latest)
16.41%
ROE (Latest)
8.55%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
14What is working for the Company
NET SALES(HY)
At JPY 21,639 MM has Grown at 17.8%
NET PROFIT(HY)
At JPY 3,069.56 MM has Grown at 63.16%
ROCE(HY)
Highest at 8.88%
RAW MATERIAL COST(Y)
Fallen by 0.45% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 4.15 times
DIVIDEND PER SHARE(HY)
Highest at JPY 4.15
-4What is not working for the Company
DEBT-EQUITY RATIO
(HY)
Highest at -36.14 %
PRE-TAX PROFIT(Q)
At JPY 1,200 MM has Fallen at -26.68%
Here's what is working for Enplas Corp.
Net Sales
At JPY 21,639 MM has Grown at 17.8%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Net Profit
At JPY 3,069.56 MM has Grown at 63.16%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Debtors Turnover Ratio
Highest at 4.15 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Dividend per share
Highest at JPY 4.15
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Raw Material Cost
Fallen by 0.45% (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 655 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (JPY MM)
Here's what is not working for Enplas Corp.
Debt-Equity Ratio
Highest at -36.14 % and Grown
In each half year 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
Pre-Tax Profit
At JPY 1,200 MM has Fallen at -26.68%
over average net sales of the previous four periods of JPY 1,636.75 MMMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (JPY MM)






