ScoreWhy is Maruha Nichiro Corp. ?
1
The company is Net-Debt Free
- Poor long term growth as Net Sales has grown by an annual rate of 4.55% over the last 5 years
- The company is Net-Debt Free
- The company has been able to generate a Return on Capital Employed (avg) of 5.95% signifying low profitability per unit of total capital (equity and debt)
2
Poor long term growth as Net Sales has grown by an annual rate of 4.55% over the last 5 years
3
Flat results in Mar 26
- INTEREST(HY) At JPY 2,457 MM has Grown at 14.23%
- ROCE(HY) Lowest at 9.3%
- INTEREST COVERAGE RATIO(Q) Lowest at 555.7
4
With ROCE of 6.23%, it has a very attractive valuation with a 0.98 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 -57.26%, its profits have fallen by -13.6%
- At the current price, the company has a high dividend yield of 0
5
Below par performance in long term as well as near term
- Along with generating -57.26% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Maruha Nichiro Corp. should be less than 10%
- Overall Portfolio exposure to FMCG should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in FMCG)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
No Data Found
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
4.55%
EBIT Growth (5y)
11.78%
EBIT to Interest (avg)
11.12
Debt to EBITDA (avg)
5.63
Net Debt to Equity (avg)
0.97
Sales to Capital Employed (avg)
2.04
Tax Ratio
28.89%
Dividend Payout Ratio
23.82%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.95%
ROE (avg)
12.00%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
0.96
EV to EBIT
15.79
EV to EBITDA
9.74
EV to Capital Employed
0.98
EV to Sales
0.46
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
6.23%
ROE (Latest)
10.54%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bullish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend9What is working for the Company
NET PROFIT(Q)
At JPY 5,935.41 MM has Grown at 421.92%
PRE-TAX PROFIT(Q)
At JPY 9,046 MM has Grown at 200.53%
RAW MATERIAL COST(Y)
Fallen by -2.93% (YoY
CASH AND EQV(HY)
Highest at JPY 113,028 MM
DEBTORS TURNOVER RATIO(HY)
Highest at 8.01 times
DIVIDEND PER SHARE(HY)
Highest at JPY 8.01
-11What is not working for the Company
INTEREST(HY)
At JPY 2,457 MM has Grown at 14.23%
ROCE(HY)
Lowest at 9.3%
INTEREST COVERAGE RATIO(Q)
Lowest at 555.7
OPERATING PROFIT(Q)
Lowest at JPY 6,974 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 2.6 %
Here's what is working for Maruha Nichiro Corp.
Net Profit
At JPY 5,935.41 MM has Grown at 421.92%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (JPY MM)
Pre-Tax Profit
At JPY 9,046 MM has Grown at 200.53%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (JPY MM)
Cash and Eqv
Highest at JPY 113,028 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debtors Turnover Ratio
Highest at 8.01 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Dividend per share
Highest at JPY 8.01
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Raw Material Cost
Fallen by -2.93% (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 5,161 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 Maruha Nichiro Corp.
Interest
At JPY 2,457 MM has Grown at 14.23%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest Coverage Ratio
Lowest at 555.7
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Operating Profit
Lowest at JPY 6,974 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (JPY MM)
Operating Profit Margin
Lowest at 2.6 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Non Operating Income
Highest at JPY 1.14 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income
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