ScoreWhy is Meidensha Corp. ?
1
The company has declared Positive results for the last 4 consecutive quarters
- PRE-TAX PROFIT(Q) At JPY 7,002 MM has Grown at 1,139.29%
- NET PROFIT(Q) At JPY 5,060 MM has Grown at 985.84%
- ROCE(HY) Highest at 17.96%
2
With ROCE of 13.16%, it has a very attractive valuation with a 2.61 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 79.64%, its profits have risen by 36.3% ; the PEG ratio of the company is 0.5
- At the current price, the company has a high dividend yield of 0
3
Consistent Returns over the last 3 years
- Along with generating 79.64% returns in the last 1 year, the stock has outperformed Japan Nikkei 225 in each of the last 3 annual periods
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Meidensha Corp. should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Meidensha Corp. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Meidensha Corp.
79.64%
2.88
56.75%
Japan Nikkei 225
59.79%
2.03
29.50%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
4.72%
EBIT Growth (5y)
9.84%
EBIT to Interest (avg)
18.45
Debt to EBITDA (avg)
1.14
Net Debt to Equity (avg)
0.10
Sales to Capital Employed (avg)
1.65
Tax Ratio
22.11%
Dividend Payout Ratio
30.15%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.83%
ROE (avg)
8.98%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
20
Industry P/E
Price to Book Value
2.80
EV to EBIT
19.82
EV to EBITDA
13.13
EV to Capital Employed
2.61
EV to Sales
1.43
PEG Ratio
0.54
Dividend Yield
NA
ROCE (Latest)
13.16%
ROE (Latest)
14.28%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Bullish
Bullish
OBV
Mildly Bullish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend21What is working for the Company
PRE-TAX PROFIT(Q)
At JPY 7,002 MM has Grown at 1,139.29%
NET PROFIT(Q)
At JPY 5,060 MM has Grown at 985.84%
ROCE(HY)
Highest at 17.96%
RAW MATERIAL COST(Y)
Fallen by -13.97% (YoY
CASH AND EQV(HY)
Highest at JPY 78,871 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -4.61 %
INVENTORY TURNOVER RATIO(HY)
Highest at 3.19 times
DEBTORS TURNOVER RATIO(HY)
Highest at 4.17 times
NET SALES(Q)
At JPY 73,412 MM has Grown at 25.73%
-4What is not working for the Company
INTEREST(Q)
Highest at JPY 266 MM
Here's what is working for Meidensha Corp.
Pre-Tax Profit
At JPY 7,002 MM has Grown at 1,139.29%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 5,060 MM has Grown at 985.84%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (JPY MM)
Net Sales
At JPY 73,412 MM has Grown at 25.73%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Cash and Eqv
Highest at JPY 78,871 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -4.61 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 3.19 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 4.17 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -13.97% (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 Meidensha Corp.
Interest
Highest at JPY 266 MM
in the last five periods and Increased by 8.13% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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