ScoreWhy is Horiba Ltd. ?
1
With a growth in Net Profit of 69.74%, the company declared Very Positive results in Jun 26
- ROCE(HY) Highest at 12.67%
- RAW MATERIAL COST(Y) Fallen by -7.65% (YoY)
- CASH AND EQV(HY) Highest at JPY 323,862 MM
2
With ROE of 11.57%, it has a attractive valuation with a 3.31 Price to Book Value
- 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 81.20%, its profits have risen by 12.3% ; the PEG ratio of the company is 2.3
- At the current price, the company has a high dividend yield of 0
3
Consistent Returns over the last 3 years
- Along with generating 81.20% returns in the last 1 year, the stock has outperformed Japan Nikkei 225 in each of the last 3 annual periods
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Horiba Ltd. should be less than 10%
- Overall Portfolio exposure to Industrial Manufacturing should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Horiba Ltd. for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Horiba Ltd.
81.2%
1.87
44.80%
Japan Nikkei 225
43.52%
1.48
29.43%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
12.64%
EBIT Growth (5y)
19.86%
EBIT to Interest (avg)
62.93
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.28
Sales to Capital Employed (avg)
0.84
Tax Ratio
27.96%
Dividend Payout Ratio
32.82%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
22.80%
ROE (avg)
12.06%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
29
Industry P/E
Price to Book Value
3.31
EV to EBIT
19.55
EV to EBITDA
15.44
EV to Capital Employed
4.13
EV to Sales
3.04
PEG Ratio
2.33
Dividend Yield
0.01%
ROCE (Latest)
21.11%
ROE (Latest)
11.57%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Bullish
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend15What is working for the Company
ROCE(HY)
Highest at 12.67%
RAW MATERIAL COST(Y)
Fallen by -7.65% (YoY
CASH AND EQV(HY)
Highest at JPY 323,862 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -29.59 %
INVENTORY TURNOVER RATIO(HY)
Highest at 2.06 times
DEBTORS TURNOVER RATIO(HY)
Highest at 4.88 times
DIVIDEND PER SHARE(HY)
Highest at JPY 4.88
NET SALES(Q)
At JPY 95,324 MM has Grown at 23.69%
OPERATING PROFIT MARGIN(Q)
Highest at 23.04 %
PRE-TAX PROFIT(Q)
At JPY 18,635 MM has Grown at 70.65%
NET PROFIT(Q)
At JPY 13,370.25 MM has Grown at 72.59%
EPS(Q)
Highest at JPY 311.66
-8What is not working for the Company
INTEREST(Q)
Highest at JPY 264 MM
Here's what is working for Horiba Ltd.
Net Sales
At JPY 95,324 MM has Grown at 23.69%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Operating Profit Margin
Highest at 23.04 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
At JPY 18,635 MM has Grown at 70.65%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 13,370.25 MM has Grown at 72.59%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
EPS
Highest at JPY 311.66
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (JPY)
Cash and Eqv
Highest at JPY 323,862 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -29.59 %
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 2.06 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 4.88 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Dividend per share
Highest at JPY 4.88
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Raw Material Cost
Fallen by -7.65% (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
Depreciation
Highest at JPY 3,958 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (JPY MM)
Here's what is not working for Horiba Ltd.
Interest
At JPY 264 MM has Grown at 24.53%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest
Highest at JPY 264 MM
in the last five periods and Increased by 24.53% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Footer loading
