Hokuriku Electric Industry Co., Ltd.

  • Market Cap: Small Cap
  • Industry: Electronics & Appliances
  • ISIN: JP3844600001
JPY
2,507.00
148 (6.27%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
V Technology Co., Ltd.
Sumida Corp.
Nihon Dempa Kogyo Co., Ltd.
SAMCO, Inc.
Shindengen Electric Manufacturing Co. Ltd.
Daishinku Corp.
Miraial Co., Ltd.
Nippon Carbide Industries Co., Inc.
Hokuriku Electric Industry Co., Ltd.
Cosel Co., Ltd.
EDP Corp.

Why is Hokuriku Electric Industry Co., Ltd. ?

1
Weak Long Term Fundamental Strength with a 5.92% CAGR growth in Net Sales over the last 5 years
  • The company has been able to generate a Return on Equity (avg) of 8.52% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of 5.92% over the last 5 years
3
The company has declared negative results for the last 2 consecutive quarters
  • INTEREST COVERAGE RATIO(Q) Lowest at 2,091.18
  • RAW MATERIAL COST(Y) Grown by 17.35% (YoY)
  • INTEREST(Q) Highest at JPY 34 MM
4
Underperformed the market in the last 1 year
  • The stock has generated a return of 17.25% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 58.07%
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. 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 Electronics & Appliances)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Hokuriku Electric Industry Co., Ltd. for you?

Low Risk, High Return

Absolute
Risk Adjusted
Volatility
Hokuriku Electric Industry Co., Ltd.
22.47%
2.36
29.52%
Japan Nikkei 225
58.07%
1.98
29.31%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
5.92%
EBIT Growth (5y)
81.86%
EBIT to Interest (avg)
36.10
Debt to EBITDA (avg)
0.35
Net Debt to Equity (avg)
-0.14
Sales to Capital Employed (avg)
1.36
Tax Ratio
28.83%
Dividend Payout Ratio
37.54%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
12.15%
ROE (avg)
8.52%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
0.80
EV to EBIT
6.31
EV to EBITDA
4.43
EV to Capital Employed
0.77
EV to Sales
0.38
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
12.19%
ROE (Latest)
8.54%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

3What is working for the Company
CASH AND EQV(HY)

Highest at JPY 26,357 MM

DEBTORS TURNOVER RATIO(HY)

Highest at 5.15 times

NET SALES(Q)

Highest at JPY 11,497 MM

-25What is not working for the Company
INTEREST COVERAGE RATIO(Q)

Lowest at 2,091.18

RAW MATERIAL COST(Y)

Grown by 17.35% (YoY

INTEREST(Q)

Highest at JPY 34 MM

OPERATING PROFIT(Q)

Lowest at JPY 711 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 6.18 %

PRE-TAX PROFIT(Q)

At JPY 500 MM has Fallen at -28.19%

NET PROFIT(Q)

Lowest at JPY 194.01 MM

EPS(Q)

Lowest at JPY 22.31

Here's what is working for Hokuriku Electric Industry Co., Ltd.

Net Sales
Highest at JPY 11,497 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (JPY MM)

Cash and Eqv
Highest at JPY 26,357 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Debtors Turnover Ratio
Highest at 5.15 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Here's what is not working for Hokuriku Electric Industry Co., Ltd.

Net Profit
At JPY 194.01 MM has Fallen at -60.84%
over average net sales of the previous four periods of JPY 495.42 MM
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (JPY MM)

Interest
At JPY 34 MM has Grown at 17.24%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Interest Coverage Ratio
Lowest at 2,091.18
in the last five periods
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest
Highest at JPY 34 MM
in the last five periods and Increased by 17.24% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Operating Profit
Lowest at JPY 711 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is negative

Operating Profit (JPY MM)

Operating Profit Margin
Lowest at 6.18 %
in the last five periods
MOJO Watch
Company's profit margin has deteriorated

Operating Profit to Sales

Pre-Tax Profit
At JPY 500 MM has Fallen at -28.19%
over average net sales of the previous four periods of JPY 696.25 MM
MOJO Watch
Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (JPY MM)

Net Profit
Lowest at JPY 194.01 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is negative

Net Profit (JPY MM)

EPS
Lowest at JPY 22.31
in the last five periods
MOJO Watch
Declining profitability; company has created lower earnings for shareholders

EPS (JPY)

Raw Material Cost
Grown by 17.35% (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