Why is Haruyama Holdings, Inc. ?
1
Poor Management Efficiency with a low ROE of 1.60%
- The company has been able to generate a Return on Equity (avg) of 1.60% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of -6.51% and Operating profit at 10.69% over the last 5 years
- INTEREST(HY) At JPY 23.09 MM has Grown at 27.84%
- PRE-TAX PROFIT(Q) At JPY -628.35 MM has Fallen at -902.6%
- NET PROFIT(Q) At JPY -900 MM has Fallen at -182.53%
3
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of 13.07%, its profits have risen by 55.3% ; the PEG ratio of the company is 0.2
4
Underperformed the market in the last 1 year
- The stock has generated a return of 13.07% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 29.35%
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 Footwear)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Haruyama Holdings, Inc. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Haruyama Holdings, Inc.
9.67%
0.67
25.91%
Japan Nikkei 225
28.54%
1.14
25.81%
Quality key factors
Factor
Value
Sales Growth (5y)
-6.51%
EBIT Growth (5y)
10.69%
EBIT to Interest (avg)
-29.61
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.07
Sales to Capital Employed (avg)
1.10
Tax Ratio
21.11%
Dividend Payout Ratio
48.61%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.16%
ROE (avg)
1.60%
Valuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
0.45
EV to EBIT
14.54
EV to EBITDA
7.27
EV to Capital Employed
0.41
EV to Sales
0.25
PEG Ratio
0.21
Dividend Yield
NA
ROCE (Latest)
2.80%
ROE (Latest)
3.85%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
5What is working for the Company
NET PROFIT(HY)
Higher at JPY 964.88 MM
RAW MATERIAL COST(Y)
Fallen by 0.93% (YoY
INVENTORY TURNOVER RATIO(HY)
Highest at 1.41%
-16What is not working for the Company
INTEREST(HY)
At JPY 23.09 MM has Grown at 27.84%
PRE-TAX PROFIT(Q)
At JPY -628.35 MM has Fallen at -902.6%
NET PROFIT(Q)
At JPY -900 MM has Fallen at -182.53%
DEBTORS TURNOVER RATIO(HY)
Lowest at 82.12%
CASH AND EQV(HY)
Lowest at JPY 18,234.67 MM
Here's what is working for Haruyama Holdings, Inc.
Inventory Turnover Ratio
Highest at 1.41%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Raw Material Cost
Fallen by 0.93% (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 Haruyama Holdings, Inc.
Interest
At JPY 23.09 MM has Grown at 27.84%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Pre-Tax Profit
At JPY -628.35 MM has Fallen at -902.6%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (JPY MM)
Net Profit
At JPY -900 MM has Fallen at -182.53%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (JPY MM)
Debtors Turnover Ratio
Lowest at 82.12% and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Cash and Eqv
Lowest at JPY 18,234.67 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






