Why is Hibino Corp. ?
1
The company is Net-Debt Free
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 10.16% signifying low profitability per unit of shareholders funds
2
Healthy long term growth as Operating profit has grown by an annual rate 28.47%
3
Flat results in Mar 26
- INTEREST(HY) At JPY 148 MM has Grown at 26.5%
- RAW MATERIAL COST(Y) Grown by 6.91% (YoY)
- OPERATING PROFIT MARGIN(Q) Lowest at 9.84 %
4
With ROCE of 22.64%, it has a fair valuation with a 2.11 Enterprise value to Capital Employed
- 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 16.27%, its profits have risen by 51.4% ; the PEG ratio of the company is 0.3
5
Underperformed the market in the last 1 year
- The stock has generated a return of 16.27% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 85.83%
How much should you hold?
- Overall Portfolio exposure to Hibino Corp. should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Hibino Corp. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Hibino Corp.
16.27%
0.57
36.45%
Japan Nikkei 225
85.83%
3.09
27.80%
Quality key factors
Factor
Value
Sales Growth (5y)
16.87%
EBIT Growth (5y)
28.47%
EBIT to Interest (avg)
3.26
Debt to EBITDA (avg)
2.41
Net Debt to Equity (avg)
1.30
Sales to Capital Employed (avg)
1.97
Tax Ratio
45.38%
Dividend Payout Ratio
40.37%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.20%
ROE (avg)
10.16%
Valuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
Price to Book Value
3.19
EV to EBIT
9.33
EV to EBITDA
5.52
EV to Capital Employed
2.11
EV to Sales
0.84
PEG Ratio
0.25
Dividend Yield
NA
ROCE (Latest)
22.64%
ROE (Latest)
24.57%
Technical 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
Mildly Bullish
Mildly Bearish
Technical Movement
9What is working for the Company
DIVIDEND PAYOUT RATIO(Y)
Highest at 96.37%
ROCE(HY)
Highest at 23.99%
NET PROFIT(9M)
Higher at JPY 2,625 MM
DEBT-EQUITY RATIO
(HY)
Lowest at 82.58 %
INVENTORY TURNOVER RATIO(HY)
Highest at 5.27 times
DIVIDEND PER SHARE(HY)
Highest at JPY 5.01
NET SALES(Q)
Highest at JPY 18,985 MM
-14What is not working for the Company
INTEREST(HY)
At JPY 148 MM has Grown at 26.5%
RAW MATERIAL COST(Y)
Grown by 6.91% (YoY
OPERATING PROFIT MARGIN(Q)
Lowest at 9.84 %
PRE-TAX PROFIT(Q)
Lowest at JPY 487 MM
Here's what is working for Hibino Corp.
Dividend Payout Ratio
Highest at 96.37% and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Net Sales
Highest at JPY 18,985 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Debt-Equity Ratio
Lowest at 82.58 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 5.27 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Dividend per share
Highest at JPY 5.01
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Net Profit
Higher at JPY 2,625 MM
than preceding 12 month period ended Mar 2026MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (JPY MM)
Depreciation
At JPY 1,298 MM has Grown at 32.04%
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 Hibino Corp.
Interest
At JPY 148 MM has Grown at 26.5%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Pre-Tax Profit
At JPY 487 MM has Fallen at -62.31%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (JPY MM)
Operating Profit Margin
Lowest at 9.84 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Pre-Tax Profit
Lowest at JPY 487 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (JPY MM)
Raw Material Cost
Grown by 6.91% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






