Comparison
Why is First-corporation Inc. ?
1
The company has declared negative results for the last 3 consecutive quarters
- NET SALES(HY) At JPY 16,568.76 MM has Grown at -38.81%
- INTEREST COVERAGE RATIO(Q) Lowest at 944.74
- DEBT-EQUITY RATIO (HY) Highest at 176.65 %
2
Underperformed the market in the last 1 year
- The stock has generated a return of 8.74% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 85.83%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Furniture, Home Furnishing)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is First-corporation Inc. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
First-corporation Inc.
8.74%
1.04
20.09%
Japan Nikkei 225
85.83%
3.09
27.80%
Quality key factors
Factor
Value
Sales Growth (5y)
5.13%
EBIT Growth (5y)
7.75%
EBIT to Interest (avg)
41.64
Debt to EBITDA (avg)
0.17
Net Debt to Equity (avg)
-0.07
Sales to Capital Employed (avg)
2.09
Tax Ratio
32.19%
Dividend Payout Ratio
30.05%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
27.37%
ROE (avg)
16.44%
Valuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
Price to Book Value
1.43
EV to EBIT
13.71
EV to EBITDA
13.62
EV to Capital Employed
1.18
EV to Sales
0.87
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
8.63%
ROE (Latest)
12.74%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Bearish
Technical Movement
3What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -35.34% (YoY
NET SALES(Q)
Highest at JPY 8,731.14 MM
-25What is not working for the Company
NET SALES(HY)
At JPY 16,568.76 MM has Grown at -38.81%
INTEREST COVERAGE RATIO(Q)
Lowest at 944.74
DEBT-EQUITY RATIO
(HY)
Highest at 176.65 %
INVENTORY TURNOVER RATIO(HY)
Lowest at 1.72 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.37 times
INTEREST(Q)
Highest at JPY 67.93 MM
Here's what is working for First-corporation Inc.
Net Sales
Highest at JPY 8,731.14 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Net Sales
At JPY 8,731.14 MM has Grown at 11.85%
over average net sales of the previous four periods of JPY 7,806.18 MMMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Raw Material Cost
Fallen by -35.34% (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 First-corporation Inc.
Interest
At JPY 67.93 MM has Grown at 68.47%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest Coverage Ratio
Lowest at 944.74
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest
Highest at JPY 67.93 MM
in the last five periods and Increased by 68.47% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Debt-Equity Ratio
Highest at 176.65 %
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
Inventory Turnover Ratio
Lowest at 1.72 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio
Lowest at 2.37 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






