ScoreWhy is Koito Manufacturing Co., Ltd. ?
1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 90.52
2
Poor long term growth as Net Sales has grown by an annual rate of 6.00% and Operating profit at -2.38% over the last 5 years
3
Positive results in Mar 26
- OPERATING CASH FLOW(Y) Highest at JPY 99,905 MM
- RAW MATERIAL COST(Y) Fallen by -9.32% (YoY)
- DEBT-EQUITY RATIO (HY) Lowest at -42.89 %
4
With ROE of 6.44%, it has a very expensive valuation with a 1.28 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 51.20%, its profits have risen by 7.4% ; the PEG ratio of the company is 2.7
- At the current price, the company has a high dividend yield of 0
5
Majority shareholders : FIIs
6
Underperformed the market in the last 1 year
- The stock has generated a return of 51.20% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 85.83%
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Koito Manufacturing Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Auto Components & Equipments should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Koito Manufacturing Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Koito Manufacturing Co., Ltd.
51.2%
0.80
23.92%
Japan Nikkei 225
85.83%
3.09
27.80%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
6.00%
EBIT Growth (5y)
-2.38%
EBIT to Interest (avg)
90.52
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.43
Sales to Capital Employed (avg)
1.43
Tax Ratio
21.24%
Dividend Payout Ratio
35.78%
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
16.30%
ROE (avg)
7.16%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
20
Industry P/E
Price to Book Value
1.28
EV to EBIT
11.19
EV to EBITDA
5.78
EV to Capital Employed
1.50
EV to Sales
0.58
PEG Ratio
2.71
Dividend Yield
NA
ROCE (Latest)
13.36%
ROE (Latest)
6.44%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend11What is working for the Company
OPERATING CASH FLOW(Y)
Highest at JPY 99,905 MM
RAW MATERIAL COST(Y)
Fallen by -9.32% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at -42.89 %
NET SALES(Q)
Highest at JPY 257,605 MM
OPERATING PROFIT(Q)
Highest at JPY 30,760 MM
OPERATING PROFIT MARGIN(Q)
Highest at 11.94 %
PRE-TAX PROFIT(Q)
Highest at JPY 20,596 MM
NET PROFIT(Q)
Highest at JPY 14,532 MM
-8What is not working for the Company
ROCE(HY)
Lowest at 2.66%
INTEREST(Q)
At JPY 40 MM has Grown at 33.33%
DIVIDEND PAYOUT RATIO(Y)
Lowest at 0%
CASH AND EQV(HY)
Lowest at JPY 544,822 MM
DEBTORS TURNOVER RATIO(HY)
Lowest at 6.26 times
EPS(Q)
Lowest at JPY -24.76
Here's what is working for Koito Manufacturing Co., Ltd.
Operating Cash Flow
Highest at JPY 99,905 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (JPY MM)
Net Sales
Highest at JPY 257,605 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Operating Profit
Highest at JPY 30,760 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (JPY MM)
Operating Profit Margin
Highest at 11.94 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at JPY 20,596 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 20,596 MM has Grown at 56.9%
over average net sales of the previous four periods of JPY 13,126.75 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Net Profit
Highest at JPY 14,532 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Net Profit
At JPY 14,532 MM has Grown at 61.2%
over average net sales of the previous four periods of JPY 9,015.12 MMMOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Debt-Equity Ratio
Lowest at -42.89 %
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 -9.32% (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 13,025 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 Koito Manufacturing Co., Ltd.
Interest
At JPY 40 MM has Grown at 33.33%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
EPS
Lowest at JPY -24.76
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (JPY)
Cash and Eqv
Lowest at JPY 544,822 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debtors Turnover Ratio
Lowest at 6.26 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Dividend Payout Ratio
Lowest at 0%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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