Why is For Startups, Inc. ?
1
With a growth in Operating Profit of 91.75%, the company declared Outstanding results in Jun 26
- The company has declared positive results for the last 4 consecutive quarters
- ROCE(HY) Highest at 35.68%
- NET SALES(Q) At JPY 1,543.99 MM has Grown at 38.33%
- RAW MATERIAL COST(Y) Fallen by -0.2% (YoY)
2
With ROE of 21.71%, it has a very attractive valuation with a 3.86 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 -26.71%, its profits have risen by 108.4% ; the PEG ratio of the company is 1.2
How much should you buy?
- Overall Portfolio exposure to For Startups, Inc. should be less than 10%
- Overall Portfolio exposure to Computers - Software & Consulting should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Computers - Software & Consulting)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is For Startups, Inc. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
For Startups, Inc.
-20.99%
0.53
75.13%
Japan Nikkei 225
60.14%
2.04
29.37%
Quality key factors
Factor
Value
Sales Growth (5y)
30.24%
EBIT Growth (5y)
60.30%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.81
Sales to Capital Employed (avg)
1.48
Tax Ratio
32.05%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
193.11%
ROE (avg)
17.73%
Valuation Key Factors 
Factor
Value
P/E Ratio
18
Industry P/E
Price to Book Value
3.86
EV to EBIT
9.07
EV to EBITDA
8.63
EV to Capital Employed
15.30
EV to Sales
1.72
PEG Ratio
1.18
Dividend Yield
NA
ROCE (Latest)
168.61%
ROE (Latest)
21.71%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bearish
Technical Movement
21What is working for the Company
ROCE(HY)
Highest at 35.68%
NET SALES(Q)
At JPY 1,543.99 MM has Grown at 38.33%
RAW MATERIAL COST(Y)
Fallen by -0.2% (YoY
CASH AND EQV(HY)
Highest at JPY 5,664.23 MM
PRE-TAX PROFIT(Q)
At JPY 420 MM has Grown at 98.3%
NET PROFIT(Q)
At JPY 283.13 MM has Grown at 87.92%
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for For Startups, Inc.
Net Sales
At JPY 1,543.99 MM has Grown at 38.33%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (JPY MM)
Pre-Tax Profit
At JPY 420 MM has Grown at 98.3%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 283.13 MM has Grown at 87.92%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Cash and Eqv
Highest at JPY 5,664.23 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -0.2% (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






