ScoreWhy is Forside Co., Ltd. ?
1
Poor Management Efficiency with a low ROE of 3.11%
- The company has been able to generate a Return on Equity (avg) of 3.11% signifying low profitability per unit of shareholders funds
2
Healthy long term growth as Operating profit has grown by an annual rate 24.05%
3
The company has declared positive results for the last 3 consecutive quarters
- NET SALES(HY) At JPY 4,994.89 MM has Grown at 58.88%
- NET PROFIT(HY) At JPY 268.13 MM has Grown at 100.66%
- ROCE(HY) Highest at 15.8%
4
With ROE of 5.84%, it has a expensive valuation with a 2.71 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 -22.52%, its profits have risen by 2414.1% ; the PEG ratio of the company is 0
5
Below par performance in long term as well as near term
- Along with generating -22.52% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Forside Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Media & Entertainment should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Media & Entertainment)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Forside Co., Ltd. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Forside Co., Ltd.
-22.52%
-0.71
71.08%
Japan Nikkei 225
36.73%
1.30
28.24%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
7.27%
EBIT Growth (5y)
24.05%
EBIT to Interest (avg)
6.28
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.58
Sales to Capital Employed (avg)
2.17
Tax Ratio
21.00%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
6.79%
ROE (avg)
3.11%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
46
Industry P/E
Price to Book Value
2.71
EV to EBIT
39.05
EV to EBITDA
30.45
EV to Capital Employed
5.08
EV to Sales
0.93
PEG Ratio
0.02
Dividend Yield
NA
ROCE (Latest)
13.01%
ROE (Latest)
5.84%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend22What is working for the Company
NET SALES(HY)
At JPY 4,994.89 MM has Grown at 58.88%
NET PROFIT(HY)
At JPY 268.13 MM has Grown at 100.66%
ROCE(HY)
Highest at 15.8%
INVENTORY TURNOVER RATIO(HY)
Highest at 48.03 times
DEBTORS TURNOVER RATIO(HY)
Highest at 6.7 times
RAW MATERIAL COST(Y)
Fallen by -56.9% (YoY
CASH AND EQV(HY)
Highest at JPY 4,353.27 MM
-16What is not working for the Company
INTEREST(HY)
At JPY 9.43 MM has Grown at 111.43%
NET SALES(Q)
At JPY 1,906.35 MM has Fallen at -10.53%
INTEREST COVERAGE RATIO(Q)
Lowest at 2,355.01
PRE-TAX PROFIT(Q)
At JPY 71.96 MM has Fallen at -45.02%
NET PROFIT(Q)
At JPY 61.08 MM has Fallen at -47.72%
Here's what is working for Forside Co., Ltd.
Inventory Turnover Ratio
Highest at 48.03 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 6.7 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Cash and Eqv
Highest at JPY 4,353.27 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -56.9% (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 Forside Co., Ltd.
Interest
At JPY 9.43 MM has Grown at 111.43%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Net Sales
At JPY 1,906.35 MM has Fallen at -10.53%
over average net sales of the previous four periods of JPY 2,130.69 MMMOJO Watch
Near term sales trend is very negative
Net Sales (JPY MM)
Interest Coverage Ratio
Lowest at 2,355.01
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Pre-Tax Profit
At JPY 71.96 MM has Fallen at -45.02%
over average net sales of the previous four periods of JPY 130.88 MMMOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 61.08 MM has Fallen at -47.72%
over average net sales of the previous four periods of JPY 116.83 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (JPY MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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