Why is ISHIZUKA GLASS CO., LTD. ?
1
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Net Sales has grown by an annual rate of -5.36% and Operating profit at 9.04% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Equity (avg) of 8.29% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of -5.36% and Operating profit at 9.04% over the last 5 years
3
The company has declared Negative results for the last 3 consecutive quarters
- INTEREST(9M) At JPY 318 MM has Grown at 30.33%
- NET PROFIT(9M) At JPY 2,082 MM has Grown at -35.32%
- DEBTORS TURNOVER RATIO(HY) Lowest at 2.63%
4
With ROCE of 6.83%, it has a very attractive valuation with a 0.59 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 65.19%, its profits have fallen by -39.1%
- At the current price, the company has a high dividend yield of 0
How much should you hold?
- Overall Portfolio exposure to ISHIZUKA GLASS CO., LTD. should be less than 10%
- Overall Portfolio exposure to Packaging should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Packaging)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is ISHIZUKA GLASS CO., LTD. for you?
Low Risk, Medium Return
Absolute
Risk Adjusted
Volatility
ISHIZUKA GLASS CO., LTD.
-100.0%
1.20
28.95%
Japan Nikkei 225
38.88%
1.45
26.59%
Quality key factors
Factor
Value
Sales Growth (5y)
-5.36%
EBIT Growth (5y)
9.04%
EBIT to Interest (avg)
8.88
Debt to EBITDA (avg)
3.54
Net Debt to Equity (avg)
0.66
Sales to Capital Employed (avg)
0.96
Tax Ratio
15.84%
Dividend Payout Ratio
8.79%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.64%
ROE (avg)
8.29%
Valuation Key Factors 
Factor
Value
P/E Ratio
4
Industry P/E
Price to Book Value
0.32
EV to EBIT
8.67
EV to EBITDA
4.27
EV to Capital Employed
0.59
EV to Sales
0.60
PEG Ratio
NA
Dividend Yield
0.04%
ROCE (Latest)
6.83%
ROE (Latest)
8.64%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
9What is working for the Company
INTEREST COVERAGE RATIO(Q)
Highest at 2,630.48
RAW MATERIAL COST(Y)
Fallen by -0.43% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at 65.17 %
NET SALES(Q)
Highest at JPY 15,306 MM
OPERATING PROFIT(Q)
Highest at JPY 2,762 MM
OPERATING PROFIT MARGIN(Q)
Highest at 18.05 %
PRE-TAX PROFIT(Q)
Highest at JPY 1,444 MM
-11What is not working for the Company
INTEREST(9M)
At JPY 318 MM has Grown at 30.33%
NET PROFIT(9M)
At JPY 2,082 MM has Grown at -35.32%
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.63%
Here's what is working for ISHIZUKA GLASS CO., LTD.
Interest Coverage Ratio
Highest at 2,630.48
in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales
Highest at JPY 15,306 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Operating Profit
Highest at JPY 2,762 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (JPY MM)
Operating Profit Margin
Highest at 18.05 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at JPY 1,444 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Pre-Tax Profit
At JPY 1,444 MM has Grown at 60.58%
over average net sales of the previous four periods of JPY 899.25 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Debt-Equity Ratio
Lowest at 65.17 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Raw Material Cost
Fallen by -0.43% (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
Here's what is not working for ISHIZUKA GLASS CO., LTD.
Interest
At JPY 214 MM has Grown at 27.38%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Net Profit
At JPY 2,082 MM has Grown at -35.32%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is negative
Net Profit (JPY MM)
Debtors Turnover Ratio
Lowest at 2.63%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






