Why is Hogy Medical Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 1.00% over the last 5 years
2
With a fall in Net Sales of -3.6%, the company declared Very Negative results in Jun 25
- The company has declared negative results for the last 3 consecutive quarters
- NET PROFIT(HY) At JPY 816 MM has Grown at -35.77%
- ROCE(HY) Lowest at 1.55%
- INTEREST(Q) Highest at JPY 28 MM
3
Underperformed the market in the last 1 year
- The stock has generated a return of 17.77% 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 Pharmaceuticals & Biotechnology)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Hogy Medical Co., Ltd. for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Hogy Medical Co., Ltd.
17.59%
1.39
33.28%
Japan Nikkei 225
28.54%
1.14
25.81%
Quality key factors
Factor
Value
Sales Growth (5y)
1.00%
EBIT Growth (5y)
-7.02%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.11
Sales to Capital Employed (avg)
0.43
Tax Ratio
48.16%
Dividend Payout Ratio
117.74%
Pledged Shares
0
Institutional Holding
0.07%
ROCE (avg)
7.23%
ROE (avg)
4.40%
Valuation Key Factors 
Factor
Value
P/E Ratio
42
Industry P/E
Price to Book Value
1.13
EV to EBIT
20.59
EV to EBITDA
8.05
EV to Capital Employed
1.15
EV to Sales
1.94
PEG Ratio
NA
Dividend Yield
0.04%
ROCE (Latest)
5.59%
ROE (Latest)
2.71%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
6What is working for the Company
OPERATING CASH FLOW(Y)
Highest at JPY 9,469 MM
DIVIDEND PAYOUT RATIO(Y)
Highest at 69.95%
RAW MATERIAL COST(Y)
Fallen by 0.44% (YoY
DIVIDEND PER SHARE(HY)
Highest at JPY 3.13
-13What is not working for the Company
NET PROFIT(HY)
At JPY 816 MM has Grown at -35.77%
ROCE(HY)
Lowest at 1.55%
INTEREST(Q)
Highest at JPY 28 MM
Here's what is working for Hogy Medical Co., Ltd.
Operating Cash Flow
Highest at JPY 9,469 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (JPY MM)
Dividend per share
Highest at JPY 3.13
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Dividend Payout Ratio
Highest at 69.95%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Raw Material Cost
Fallen by 0.44% (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 Hogy Medical Co., Ltd.
Net Profit
At JPY 816 MM has Grown at -35.77%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is negative
Net Profit (JPY MM)
Interest
Highest at JPY 28 MM
in the last five periods and Increased by 7.69% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)






