ScoreWhy is Hi-Lex Corp. ?
1
Poor Management Efficiency with a low ROE of 2.22%
- The company has been able to generate a Return on Equity (avg) of 2.22% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of 11.34% and Operating profit at 62.42% over the last 5 years
3
Flat results in Apr 26
- NET PROFIT(Q) At JPY 1,089.49 MM has Fallen at -77.18%
- INTEREST COVERAGE RATIO(Q) Lowest at 1,345.92
- DEBT-EQUITY RATIO (HY) Highest at -21.15 %
4
With ROE of 9.55%, it has a very attractive valuation with a 0.58 Price to Book Value
- Over the past year, while the stock has generated a return of 18.45%, its profits have risen by 223.7% ; the PEG ratio of the company is 0
- At the current price, the company has a high dividend yield of 0
5
Underperformed the market in the last 1 year
- The stock has generated a return of 18.45% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 88.41%
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Hi-Lex Corp. should be less than 10%
- Overall Portfolio exposure to Auto Components & Equipments should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Hi-Lex Corp. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Hi-Lex Corp.
7.67%
1.18
42.08%
Japan Nikkei 225
88.41%
3.25
27.24%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
11.34%
EBIT Growth (5y)
62.42%
EBIT to Interest (avg)
-1.80
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.26
Sales to Capital Employed (avg)
1.61
Tax Ratio
31.52%
Dividend Payout Ratio
20.46%
Pledged Shares
0
Institutional Holding
0.02%
ROCE (avg)
1.15%
ROE (avg)
2.22%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
6
Industry P/E
Price to Book Value
0.58
EV to EBIT
24.03
EV to EBITDA
5.05
EV to Capital Employed
0.46
EV to Sales
0.23
PEG Ratio
0.03
Dividend Yield
NA
ROCE (Latest)
1.92%
ROE (Latest)
9.55%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend23What is working for the Company
NET PROFIT(HY)
At JPY 9,110.77 MM has Grown at 528.09%
ROCE(HY)
Highest at 21.58%
NET SALES(Q)
At JPY 103,536 MM has Grown at 24.67%
DIVIDEND PAYOUT RATIO(Y)
Highest at 131.67%
RAW MATERIAL COST(Y)
Fallen by -6.81% (YoY
CASH AND EQV(HY)
Highest at JPY 159,170 MM
DIVIDEND PER SHARE(HY)
Highest at JPY 6.24
-22What is not working for the Company
NET PROFIT(Q)
At JPY 1,089.49 MM has Fallen at -77.18%
INTEREST COVERAGE RATIO(Q)
Lowest at 1,345.92
DEBT-EQUITY RATIO
(HY)
Highest at -21.15 %
INVENTORY TURNOVER RATIO(HY)
Lowest at 6.66 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 6.24 times
INTEREST(Q)
Highest at JPY 233 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 3.03 %
PRE-TAX PROFIT(Q)
At JPY 3,924 MM has Fallen at -28.88%
Here's what is working for Hi-Lex Corp.
Net Sales
At JPY 103,536 MM has Grown at 24.67%
over average net sales of the previous four periods of JPY 83,047.75 MMMOJO Watch
Near term sales trend is very positive
Net Sales (JPY MM)
Cash and Eqv
Highest at JPY 159,170 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Dividend per share
Highest at JPY 6.24
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Dividend Payout Ratio
Highest at 131.67%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Raw Material Cost
Fallen by -6.81% (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 Hi-Lex Corp.
Net Profit
At JPY 1,089.49 MM has Fallen at -77.18%
over average net sales of the previous four periods of JPY 4,773.58 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (JPY MM)
Interest
At JPY 233 MM has Grown at 12.56%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest Coverage Ratio
Lowest at 1,345.92
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest
Highest at JPY 233 MM
in the last five periods and Increased by 12.56% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Operating Profit Margin
Lowest at 3.03 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Pre-Tax Profit
At JPY 3,924 MM has Fallen at -28.88%
over average net sales of the previous four periods of JPY 5,517.5 MMMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (JPY MM)
Debt-Equity Ratio
Highest at -21.15 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Inventory Turnover Ratio
Lowest at 6.66 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio
Lowest at 6.24 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
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