Hokuriku Electric Power Co.

  • Market Cap: Small Cap
  • Industry: Power
  • ISIN: JP3845400005
JPY
868.60
2 (0.23%)
  • 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
Kasumigaseki Capital Co., Ltd.
eREX Co., Ltd.
Chubu Electric Power Co., Inc.
Tokyo Electric Power Co. Holdings, Inc.
The Kansai Electric Power Co., Inc.
Kyushu Electric Power Co., Inc.
The Okinawa Electric Power Co., Inc.
Electric Power Development Co., Ltd.
Hokuriku Electric Power Co.
The Chugoku Electric Power Co., Inc.
Shikoku Electric Power Co., Inc.

Why is Hokuriku Electric Power Co. ?

1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 3.67%
  • Poor long term growth as Operating profit has grown by an annual rate 33.03% of over the last 5 years
  • The company is Net-Debt Free
2
With a fall in Net Sales of -14.5%, the company declared Very Negative results in Mar 26
  • The company has declared negative results for the last 2 consecutive quarters
  • INTEREST(HY) At JPY 4,324 MM has Grown at 15.46%
  • ROCE(HY) Lowest at 13.13%
  • NET SALES(Q) At JPY 192,707 MM has Fallen at -14.5%
3
Underperformed the market in the last 1 year
  • The stock has generated a return of 26.47% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 85.83%
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 Power)

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

Is Hokuriku Electric Power Co. for you?

Low Risk, Low Return

Absolute
Risk Adjusted
Volatility
Hokuriku Electric Power Co.
22.77%
-0.58
32.83%
Japan Nikkei 225
75.22%
3.09
27.80%
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)
5.52%
EBIT Growth (5y)
33.03%
EBIT to Interest (avg)
3.78
Debt to EBITDA (avg)
11.71
Net Debt to Equity (avg)
2.39
Sales to Capital Employed (avg)
0.54
Tax Ratio
30.57%
Dividend Payout Ratio
6.41%
Pledged Shares
0
Institutional Holding
0.02%
ROCE (avg)
3.67%
ROE (avg)
10.98%
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
3
Industry P/E
Price to Book Value
0.54
EV to EBIT
12.27
EV to EBITDA
7.33
EV to Capital Employed
0.85
EV to Sales
1.47
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
6.95%
ROE (Latest)
16.38%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
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
DEBT-EQUITY RATIO (HY)

Lowest at 204.9 %

DIVIDEND PER SHARE(HY)

Highest at JPY 8.96

-33What is not working for the Company
INTEREST(HY)

At JPY 4,324 MM has Grown at 15.46%

ROCE(HY)

Lowest at 13.13%

NET SALES(Q)

At JPY 192,707 MM has Fallen at -14.5%

INTEREST COVERAGE RATIO(Q)

Lowest at 551.16

RAW MATERIAL COST(Y)

Grown by 143.49% (YoY

DEBTORS TURNOVER RATIO(HY)

Lowest at 8.96 times

OPERATING PROFIT(Q)

Lowest at JPY 11,905 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 6.18 %

PRE-TAX PROFIT(Q)

Lowest at JPY -1,237 MM

NET PROFIT(Q)

Lowest at JPY -1,483 MM

EPS(Q)

Lowest at JPY -28.01

Here's what is working for Hokuriku Electric Power Co.

Debt-Equity Ratio
Lowest at 204.9 % and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Dividend per share
Highest at JPY 8.96
in the last five years
MOJO Watch
Company is distributing higher dividend from profits generated

DPS (JPY)

Here's what is not working for Hokuriku Electric Power Co.

Pre-Tax Profit
At JPY -1,237 MM has Fallen at -105.6%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (JPY MM)

Net Profit
At JPY -1,483 MM has Fallen at -111.68%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (JPY MM)

Interest
At JPY 4,324 MM has Grown at 15.46%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Net Sales
At JPY 192,707 MM has Fallen at -14.5%
Year on Year (YoY)
MOJO Watch
Near term sales trend is very negative

Net Sales (JPY MM)

Interest Coverage Ratio
Lowest at 551.16
in the last five periods
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Operating Profit
Lowest at JPY 11,905 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
Lowest at JPY -1,237 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (JPY MM)

Net Profit
Lowest at JPY -1,483 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is negative

Net Profit (JPY MM)

EPS
Lowest at JPY -28.01
in the last five periods
MOJO Watch
Declining profitability; company has created lower earnings for shareholders

EPS (JPY)

Debtors Turnover Ratio
Lowest at 8.96 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Raw Material Cost
Grown by 143.49% (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