Why is Hiramatsu, Inc. ?
1
Poor Management Efficiency with a low ROCE of 2.02%
- The company has been able to generate a Return on Capital Employed (avg) of 2.02% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
- Poor long term growth as Operating profit has grown by an annual rate 17.01% of over the last 5 years
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 7.37% signifying low profitability per unit of shareholders funds
3
The company has declared negative results for the last 5 consecutive quarters
- INVENTORY TURNOVER RATIO(HY) Lowest at 2.38 times
- DEBTORS TURNOVER RATIO(HY) Lowest at 13 times
- INTEREST(Q) Highest at JPY 12.25 MM
4
Underperformed the market in the last 1 year
- The stock has generated a return of 1.47% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 75.22%
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 Leisure Services)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Hiramatsu, Inc. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Hiramatsu, Inc.
1.47%
-0.90
39.07%
Japan Nikkei 225
75.22%
2.67
28.15%
Quality key factors
Factor
Value
Sales Growth (5y)
7.55%
EBIT Growth (5y)
17.01%
EBIT to Interest (avg)
-11.78
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.48
Sales to Capital Employed (avg)
0.94
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.02%
ROE (avg)
7.37%
Valuation Key Factors 
Factor
Value
P/E Ratio
28
Industry P/E
Price to Book Value
1.83
EV to EBIT
27.81
EV to EBITDA
17.21
EV to Capital Employed
2.13
EV to Sales
1.02
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
7.67%
ROE (Latest)
6.47%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
Technical Movement
0What is working for the Company
NO KEY POSITIVE TRIGGERS
-28What is not working for the Company
INVENTORY TURNOVER RATIO(HY)
Lowest at 2.38 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 13 times
INTEREST(Q)
Highest at JPY 12.25 MM
OPERATING PROFIT(Q)
Lowest at JPY -165.61 MM
OPERATING PROFIT MARGIN(Q)
Lowest at -7.17 %
PRE-TAX PROFIT(Q)
Lowest at JPY -211.03 MM
NET PROFIT(Q)
Lowest at JPY -194.73 MM
Here's what is not working for Hiramatsu, Inc.
Pre-Tax Profit
At JPY -211.03 MM has Fallen at -255.45%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (JPY MM)
Net Profit
At JPY -194.73 MM has Fallen at -382.22%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (JPY MM)
Interest
At JPY 12.25 MM has Grown at 20.39%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Inventory Turnover Ratio
Lowest at 2.38 times and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Interest
Highest at JPY 12.25 MM
in the last five periods and Increased by 20.39% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Operating Profit
Lowest at JPY -165.61 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (JPY MM)
Operating Profit Margin
Lowest at -7.17 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Pre-Tax Profit
Lowest at JPY -211.03 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (JPY MM)
Net Profit
Lowest at JPY -194.73 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (JPY MM)
Debtors Turnover Ratio
Lowest at 13 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






