IDEC Corp. (6652) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Dexerials Corp.

Amano Corp.

Hioki E.E. Corp.

Azbil Corp.

Anritsu Corp.

IDEC Corp.

Riken Keiki Co., Ltd.

Glory Ltd.

ULVAC, Inc.

Toshiba Tec Corp.

Topcon Corp.

Why is IDEC Corp. ?

High Management Efficiency with a high ROCE of 11.83%

Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 57.94

The company has declared Negative results for the last 8 consecutive quarters

INTEREST(HY) At JPY 213 MM has Grown at 191.78%
NET PROFIT(HY) At JPY 975.44 MM has Grown at -29.28%
ROCE(HY) Lowest at 2.97%

With ROCE of 3.82%, it has a very attractive valuation with a 1.11 Enterprise value to Capital Employed

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 21.40%, its profits have fallen by -53%
At the current price, the company has a high dividend yield of 0

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to IDEC Corp. should be less than 10%
Overall Portfolio exposure to Electronics & Appliances should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is IDEC Corp. for you?

Low Risk, Low Return

Absolute

Risk Adjusted

Volatility

IDEC Corp.

19.59%

0.05

26.72%

Japan Nikkei 225

28.54%

1.14

25.81%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

2.92%

EBIT Growth (5y)

-10.68%

EBIT to Interest (avg)

58.71

Debt to EBITDA (avg)

0.70

Net Debt to Equity (avg)

0.09

Sales to Capital Employed (avg)

0.83

Tax Ratio

47.86%

Dividend Payout Ratio

215.50%

Pledged Shares

Institutional Holding

ROCE (avg)

12.11%

ROE (avg)

10.19%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.13

EV to EBIT

29.17

EV to EBITDA

10.03

EV to Capital Employed

1.11

EV to Sales

1.15

PEG Ratio

Dividend Yield

0.02%

ROCE (Latest)

3.82%

ROE (Latest)

3.39%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Mildly Bullish

Dow Theory

Mildly Bullish

OBV

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

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

1What is working for the Company

DEBTORS TURNOVER RATIO(HY)

Highest at 5.95%

-19What is not working for the Company

INTEREST(HY)

At JPY 213 MM has Grown at 191.78%

NET PROFIT(HY)

At JPY 975.44 MM has Grown at -29.28%

ROCE(HY)

Lowest at 2.97%

INTEREST COVERAGE RATIO(Q)

Lowest at 1,462.96

PRE-TAX PROFIT(Q)

At JPY 678 MM has Fallen at -50.21%

RAW MATERIAL COST(Y)

Grown by 5.57% (YoY

NET SALES(Q)

At JPY 15,736 MM has Fallen at -6.58%

Here's what is working for IDEC Corp.

Debtors Turnover Ratio

Highest at 5.95%

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 IDEC Corp.

Interest

At JPY 213 MM has Grown at 191.78%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Interest Coverage Ratio

Lowest at 1,462.96

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Pre-Tax Profit

At JPY 678 MM has Fallen at -50.21%

over average net sales of the previous four periods of JPY 1,361.75 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (JPY MM)

Net Profit

At JPY 975.44 MM has Grown at -29.28%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is negative

Net Profit (JPY MM)

Net Sales

Lowest at JPY 15,736 MM

in the last five periods

MOJO Watch

Near term sales trend is negative

Net Sales (JPY MM)

Net Sales

At JPY 15,736 MM has Fallen at -6.58%

over average net sales of the previous four periods of JPY 16,845 MM

MOJO Watch

Near term sales trend is negative

Net Sales (JPY MM)

Raw Material Cost

Grown by 5.57% (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