Why is Flight Solutions, Inc. ?
1
High Debt Company with a Debt to Equity ratio (avg) at times
- High Debt Company with a Debt to Equity ratio (avg) at times
2
High Debt company with Weak Long Term Fundamental Strength
3
The company has declared Negative results for the last 6 consecutive quarters
- INTEREST(HY) At JPY 5.39 MM has Grown at 82.68%
- ROCE(HY) Lowest at -124.8%
- RAW MATERIAL COST(Y) Grown by 51.55% (YoY)
4
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -2.60%, its profits have fallen by -216.6%
5
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -2.60% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in each of the last 3 annual periods
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 IT - Hardware)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Flight Solutions, Inc. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Flight Solutions, Inc.
-5.19%
-0.54
81.40%
Japan Nikkei 225
28.54%
1.14
25.81%
Quality key factors
Factor
Value
Sales Growth (5y)
-7.48%
EBIT Growth (5y)
-188.75%
EBIT to Interest (avg)
-15.05
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.42
Sales to Capital Employed (avg)
2.63
Tax Ratio
0.29%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.09%
ROE (avg)
5.72%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
4.36
EV to EBIT
-8.06
EV to EBITDA
-23.63
EV to Capital Employed
3.37
EV to Sales
0.79
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-41.77%
ROE (Latest)
-66.45%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
Bullish
Bearish
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
5What is working for the Company
NET PROFIT(HY)
Higher at JPY -219.27 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 10.22%
-18What is not working for the Company
INTEREST(HY)
At JPY 5.39 MM has Grown at 82.68%
ROCE(HY)
Lowest at -124.8%
RAW MATERIAL COST(Y)
Grown by 51.55% (YoY
CASH AND EQV(HY)
Lowest at JPY 850.46 MM
NET SALES(Q)
Lowest at JPY 523.93 MM
OPERATING PROFIT MARGIN(Q)
Lowest at -19.31 %
PRE-TAX PROFIT(Q)
Lowest at JPY -156.22 MM
NET PROFIT(Q)
Lowest at JPY -156.96 MM
Here's what is working for Flight Solutions, Inc.
Inventory Turnover Ratio
Highest at 10.22%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Here's what is not working for Flight Solutions, Inc.
Interest
At JPY 3.12 MM has Grown at 38.03%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Net Sales
Lowest at JPY 523.93 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (JPY MM)
Operating Profit Margin
Lowest at -19.31 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Pre-Tax Profit
Lowest at JPY -156.22 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (JPY MM)
Net Profit
Lowest at JPY -156.96 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (JPY MM)
Cash and Eqv
Lowest at JPY 850.46 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Raw Material Cost
Grown by 51.55% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






