Why is Mani, Inc. ?
1
High Management Efficiency with a high ROE of 11.30%
2
Company has very low debt and has enough cash to service the debt requirements
3
Positive results in Feb 26
- NET SALES(Q) Highest at JPY 8,278 MM
- RAW MATERIAL COST(Y) Fallen by -7.22% (YoY)
- DIVIDEND PER SHARE(HY) Highest at JPY 10.94
4
With ROE of 9.80%, it has a expensive valuation with a 3.06 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 44.59%, its profits have fallen by -16%
5
Underperformed the market in the last 1 year
- The stock has generated a return of 44.59% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 88.41%
How much should you hold?
- Overall Portfolio exposure to Mani, Inc. should be less than 10%
- Overall Portfolio exposure to Pharmaceuticals & Biotechnology should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pharmaceuticals & Biotechnology)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Mani, Inc. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Mani, Inc.
41.64%
-0.39
30.35%
Japan Nikkei 225
88.41%
3.25
27.24%
Quality key factors
Factor
Value
Sales Growth (5y)
14.90%
EBIT Growth (5y)
13.94%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.33
Sales to Capital Employed (avg)
0.54
Tax Ratio
25.45%
Dividend Payout Ratio
82.74%
Pledged Shares
0
Institutional Holding
0.02%
ROCE (avg)
26.20%
ROE (avg)
11.30%
Valuation Key Factors 
Factor
Value
P/E Ratio
31
Industry P/E
Price to Book Value
3.06
EV to EBIT
17.57
EV to EBITDA
13.51
EV to Capital Employed
4.32
EV to Sales
4.86
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
24.61%
ROE (Latest)
9.80%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
Bearish
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
Mildly Bearish
Technical Movement
9What is working for the Company
NET SALES(Q)
Highest at JPY 8,278 MM
RAW MATERIAL COST(Y)
Fallen by -7.22% (YoY
DIVIDEND PER SHARE(HY)
Highest at JPY 10.94
OPERATING PROFIT(Q)
Highest at JPY 3,448 MM
OPERATING PROFIT MARGIN(Q)
Highest at 41.65 %
PRE-TAX PROFIT(Q)
Highest at JPY 2,934 MM
NET PROFIT(Q)
Highest at JPY 2,002 MM
EPS(Q)
Highest at JPY 20.32
-5What is not working for the Company
INTEREST(9M)
At JPY 2 MM has Grown at 100%
DIVIDEND PAYOUT RATIO(Y)
Lowest at 83.64%
Here's what is working for Mani, Inc.
Net Sales
Highest at JPY 8,278 MM and Grown
In each period in the last five periodsMOJO Watch
Near term sales trend is very positive
Net Sales (JPY MM)
Operating Profit
Highest at JPY 3,448 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (JPY MM)
Operating Profit Margin
Highest at 41.65 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at JPY 2,934 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Net Profit
Highest at JPY 2,002 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
EPS
Highest at JPY 20.32
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (JPY)
Dividend per share
Highest at JPY 10.94
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Raw Material Cost
Fallen by -7.22% (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 Mani, Inc.
Interest
At JPY 2 MM has Grown at 100%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Dividend Payout Ratio
Lowest at 83.64%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)






