ScoreWhy is IDEC Corp. ?
1
High Management Efficiency with a high ROCE of 12.11%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 58.71
3
Positive results in Mar 26
- NET PROFIT(HY) At JPY 2,116.35 MM has Grown at 95.95%
- INVENTORY TURNOVER RATIO(HY) Highest at 2.17 times
- NET SALES(Q) Highest at JPY 19,950 MM
4
With ROCE of 7.36%, it has a very attractive valuation with a 1.42 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 46.76%, its profits have risen by 38.8% ; the PEG ratio of the company is 0.6
- At the current price, the company has a high dividend yield of 0
5
Underperformed the market in the last 1 year
- The stock has generated a return of 46.76% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 88.41%
Real-Time Research ReportHow 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.
45.79%
0.47
27.13%
Japan Nikkei 225
88.41%
3.25
27.24%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
5.84%
EBIT Growth (5y)
8.89%
EBIT to Interest (avg)
58.71
Debt to EBITDA (avg)
0.70
Net Debt to Equity (avg)
0.09
Sales to Capital Employed (avg)
0.79
Tax Ratio
47.86%
Dividend Payout Ratio
215.50%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
12.11%
ROE (avg)
10.19%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
28
Industry P/E
Price to Book Value
1.48
EV to EBIT
19.26
EV to EBITDA
10.26
EV to Capital Employed
1.42
EV to Sales
1.56
PEG Ratio
0.60
Dividend Yield
NA
ROCE (Latest)
7.36%
ROE (Latest)
5.27%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Bullish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend9What is working for the Company
NET PROFIT(HY)
At JPY 2,116.35 MM has Grown at 95.95%
INVENTORY TURNOVER RATIO(HY)
Highest at 2.17 times
NET SALES(Q)
Highest at JPY 19,950 MM
-12What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 5.56% (YoY
INTEREST(Q)
Highest at JPY 129 MM
Here's what is working for IDEC Corp.
Net Profit
At JPY 2,116.35 MM has Grown at 95.95%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Net Sales
Highest at JPY 19,950 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Net Sales
At JPY 19,950 MM has Grown at 12.51%
over average net sales of the previous four periods of JPY 17,731.75 MMMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Inventory Turnover Ratio
Highest at 2.17 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Depreciation
Highest at JPY 1,293 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 IDEC Corp.
Interest
At JPY 129 MM has Grown at 26.47%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest
Highest at JPY 129 MM
in the last five periods and Increased by 26.47% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Raw Material Cost
Grown by 5.56% (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
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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