MANAC Chemical Partners Co., Ltd.

  • Market Cap: Micro Cap
  • Industry: Chemicals & Petrochemicals
  • ISIN: JP3869910004
JPY
812.00
15 (1.88%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Daiichi Kigenso Kagaku Kogyo Co., Ltd.
Soken Chemical & Engineering Co., Ltd.
MANAC Chemical Partners Co., Ltd.
Hodogaya Chemical Co., Ltd.
Yushiro Chemical Industry Co., Ltd.
Nippon Chemical Industrial Co., Ltd.
Tigers Polymer Corp.
Daito Chemix Corp.
Toho Chemical Industry Co., Ltd.
Koei Chemical Co., Ltd.
Taoka Chemical Co., Ltd.

Why is MANAC Chemical Partners Co., Ltd. ?

1
The company has declared Positive results for the last 3 consecutive quarters
  • ROCE(HY) Highest at 7.23%
  • PRE-TAX PROFIT(Q) At JPY 141 MM has Grown at 192.16%
  • NET PROFIT(Q) At JPY 178 MM has Grown at 160.75%
2
With ROE of 2.80%, it has a attractive valuation with a 0.57 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 50.38%, its profits have risen by 725.8% ; the PEG ratio of the company is 0
  • At the current price, the company has a high dividend yield of 0
3
Underperformed the market in the last 1 year
  • The stock has generated a return of 50.38% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 61.01%
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to MANAC Chemical Partners Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Chemicals & Petrochemicals should be less than 30%

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

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

Is MANAC Chemical Partners Co., Ltd. for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
MANAC Chemical Partners Co., Ltd.
51.21%
0.59
51.05%
Japan Nikkei 225
59.79%
2.06
29.57%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
-4.07%
EBIT Growth (5y)
-26.28%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.27
Sales to Capital Employed (avg)
0.89
Tax Ratio
14.07%
Dividend Payout Ratio
13.04%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.54%
ROE (avg)
2.84%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
20
Industry P/E
Price to Book Value
0.57
EV to EBIT
7.20
EV to EBITDA
3.91
EV to Capital Employed
0.41
EV to Sales
0.32
PEG Ratio
0.03
Dividend Yield
NA
ROCE (Latest)
5.70%
ROE (Latest)
2.80%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

23What is working for the Company
ROCE(HY)

Highest at 7.23%

PRE-TAX PROFIT(Q)

At JPY 141 MM has Grown at 192.16%

NET PROFIT(Q)

At JPY 178 MM has Grown at 160.75%

RAW MATERIAL COST(Y)

Fallen by -65.41% (YoY

INVENTORY TURNOVER RATIO(HY)

Highest at 2.47 times

DEBTORS TURNOVER RATIO(HY)

Highest at 4.49 times

NET SALES(Q)

At JPY 2,694 MM has Grown at 20.21%

-7What is not working for the Company
INTEREST(Q)

Highest at JPY 2 MM

Here's what is working for MANAC Chemical Partners Co., Ltd.

Pre-Tax Profit
At JPY 141 MM has Grown at 192.16%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (JPY MM)

Net Profit
At JPY 178 MM has Grown at 160.75%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (JPY MM)

Net Sales
At JPY 2,694 MM has Grown at 20.21%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (JPY MM)

Inventory Turnover Ratio
Highest at 2.47 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio
Highest at 4.49 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost
Fallen by -65.41% (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 MANAC Chemical Partners Co., Ltd.

Interest
At JPY 2 MM has Grown at 100%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Interest
Highest at JPY 2 MM
in the last five periods and Increased by 100% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)