Why is Furuno Electric Co., Ltd. ?
1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 42.53
2
Low Debt Company with Strong Long Term Fundamental Strength
3
Positive results in May 25
- NET PROFIT(HY) At JPY 6,404.28 MM has Grown at 358.62%
- ROCE(HY) Highest at 20.3%
- RAW MATERIAL COST(Y) Fallen by -1.73% (YoY)
4
With ROE of 16.12%, it has a very attractive valuation with a 1.36 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 196.55%, its profits have risen by 85.9% ; the PEG ratio of the company is 0.1
- At the current price, the company has a high dividend yield of 0
5
Consistent Returns over the last 3 years
- Along with generating 196.55% returns in the last 1 year, the stock has outperformed Japan Nikkei 225 in each of the last 3 annual periods
How much should you buy?
- Overall Portfolio exposure to Furuno Electric Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Telecom - Equipment & Accessories should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Telecom - Equipment & Accessories)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Furuno Electric Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Furuno Electric Co., Ltd.
196.55%
4.44
60.46%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality key factors
Factor
Value
Sales Growth (5y)
8.85%
EBIT Growth (5y)
40.45%
EBIT to Interest (avg)
45.31
Debt to EBITDA (avg)
0.29
Net Debt to Equity (avg)
0.03
Sales to Capital Employed (avg)
1.42
Tax Ratio
8.64%
Dividend Payout Ratio
30.33%
Pledged Shares
0
Institutional Holding
0.06%
ROCE (avg)
10.38%
ROE (avg)
8.78%
Valuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
1.36
EV to EBIT
7.61
EV to EBITDA
5.96
EV to Capital Employed
1.35
EV to Sales
0.79
PEG Ratio
0.10
Dividend Yield
0.03%
ROCE (Latest)
17.70%
ROE (Latest)
16.12%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
No Trend
Technical Movement
12What is working for the Company
NET PROFIT(HY)
At JPY 6,404.28 MM has Grown at 358.62%
ROCE(HY)
Highest at 20.3%
RAW MATERIAL COST(Y)
Fallen by -1.73% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 5.12%
-8What is not working for the Company
INTEREST(HY)
At JPY 109 MM has Grown at 55.71%
Here's what is working for Furuno Electric Co., Ltd.
Net Profit
At JPY 6,404.28 MM has Grown at 358.62%
Year on Year (YoY)MOJO Watch
Net Profit trend is very positive
Net Profit (JPY MM)
Debtors Turnover Ratio
Highest at 5.12%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -1.73% (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 Furuno Electric Co., Ltd.
Interest
At JPY 109 MM has Grown at 55.71%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)






