Why is Fulltech Co., Ltd. ?
1
Poor long term growth as Operating profit has grown by an annual rate 3.19% of over the last 5 years
2
Negative results in Sep 25
- ROCE(HY) Lowest at 4.57%
- PRE-TAX PROFIT(Q) At JPY 102.06 MM has Fallen at -54.75%
- NET PROFIT(Q) At JPY 56.5 MM has Fallen at -61.49%
3
With ROE of 6.94%, it has a very attractive valuation with a 0.87 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 2.50%, its profits have risen by 26.2% ; the PEG ratio of the company is 0.5
4
Underperformed the market in the last 1 year
- The stock has generated a return of 2.50% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 38.30%
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 Building Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Fulltech Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Fulltech Co., Ltd.
2.5%
-0.12
14.90%
Japan Nikkei 225
40.96%
1.35
28.28%
Quality key factors
Factor
Value
Sales Growth (5y)
3.06%
EBIT Growth (5y)
3.19%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.14
Sales to Capital Employed (avg)
1.81
Tax Ratio
30.85%
Dividend Payout Ratio
37.51%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.17%
ROE (avg)
5.48%
Valuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
0.87
EV to EBIT
8.01
EV to EBITDA
5.93
EV to Capital Employed
0.85
EV to Sales
0.37
PEG Ratio
0.48
Dividend Yield
NA
ROCE (Latest)
10.56%
ROE (Latest)
6.94%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
No Trend
Technical Movement
1What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 7.19 times
-13What is not working for the Company
ROCE(HY)
Lowest at 4.57%
PRE-TAX PROFIT(Q)
At JPY 102.06 MM has Fallen at -54.75%
NET PROFIT(Q)
At JPY 56.5 MM has Fallen at -61.49%
CASH AND EQV(HY)
Lowest at JPY 3,877.54 MM
Here's what is working for Fulltech Co., Ltd.
Debtors Turnover Ratio
Highest at 7.19 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Depreciation
Highest at JPY 72.07 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (JPY MM)
Depreciation
At JPY 72.07 MM has Grown at 36.15%
period on period (QoQ)MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales
Depreciation (JPY MM)
Here's what is not working for Fulltech Co., Ltd.
Pre-Tax Profit
At JPY 102.06 MM has Fallen at -54.75%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 56.5 MM has Fallen at -61.49%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (JPY MM)
Cash and Eqv
Lowest at JPY 3,877.54 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






