Why is FINDEX, Inc. ?
1
High Management Efficiency with a high ROE of 17.74%
2
Company has very low debt and has enough cash to service the debt requirements
3
Positive results in Dec 25
- RAW MATERIAL COST(Y) Fallen by -8.67% (YoY)
- DIVIDEND PER SHARE(HY) Highest at JPY 3.66
- NET SALES(Q) At JPY 1,737.01 MM has Grown at 17.68%
4
With ROE of 18.62%, it has a very attractive valuation with a 3.32 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 19.66%, its profits have fallen by -26.9%
5
Underperformed the market in the last 1 year
- The stock has generated a return of 19.66% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 36.73%
How much should you hold?
- Overall Portfolio exposure to FINDEX, Inc. should be less than 10%
- Overall Portfolio exposure to Software Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is FINDEX, Inc. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
FINDEX, Inc.
19.66%
-0.52
35.37%
Japan Nikkei 225
38.94%
1.30
28.24%
Quality key factors
Factor
Value
Sales Growth (5y)
3.63%
EBIT Growth (5y)
6.02%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.26
Sales to Capital Employed (avg)
1.09
Tax Ratio
27.63%
Dividend Payout Ratio
33.12%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
55.94%
ROE (avg)
17.74%
Valuation Key Factors 
Factor
Value
P/E Ratio
18
Industry P/E
Price to Book Value
3.32
EV to EBIT
12.14
EV to EBITDA
10.14
EV to Capital Employed
4.15
EV to Sales
3.19
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
34.15%
ROE (Latest)
18.62%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Sideways
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Movement
3What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -8.67% (YoY
DIVIDEND PER SHARE(HY)
Highest at JPY 3.66
NET SALES(Q)
At JPY 1,737.01 MM has Grown at 17.68%
-2What is not working for the Company
CASH AND EQV(HY)
Lowest at JPY 3,284.84 MM
DEBT-EQUITY RATIO
(HY)
Highest at 0 %
Here's what is working for FINDEX, Inc.
Net Sales
At JPY 1,737.01 MM has Grown at 17.68%
over average net sales of the previous four periods of JPY 1,476.03 MMMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Dividend per share
Highest at JPY 3.66
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Raw Material Cost
Fallen by -8.67% (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 79.24 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 FINDEX, Inc.
Cash and Eqv
Lowest at JPY 3,284.84 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debt-Equity Ratio
Highest at 0 %
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






