Why is Meiho Enterprise Co., Ltd. ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 12.67%
- Healthy long term growth as Net Sales has grown by an annual rate of 24.80%
2
Positive results in Apr 26
- NET SALES(HY) At JPY 18,549.73 MM has Grown at 46.62%
- NET PROFIT(HY) At JPY 1,453.39 MM has Grown at 120.79%
- ROCE(HY) Highest at 24.27%
3
With ROE of 16.91%, it has a very attractive valuation with a 1.19 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 5.31%, its profits have risen by 38% ; the PEG ratio of the company is 0.2
How much should you buy?
- Overall Portfolio exposure to Meiho Enterprise Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Realty should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Realty)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Meiho Enterprise Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Meiho Enterprise Co., Ltd.
5.3%
0.90
28.81%
Japan Nikkei 225
59.79%
2.06
29.57%
Quality key factors
Factor
Value
Sales Growth (5y)
24.80%
EBIT Growth (5y)
43.67%
EBIT to Interest (avg)
6.34
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
31.35%
Dividend Payout Ratio
18.69%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
54.84%
ROE (avg)
12.67%
Valuation Key Factors 
Factor
Value
P/E Ratio
7
Industry P/E
Price to Book Value
1.19
EV to EBIT
2.01
EV to EBITDA
1.96
EV to Capital Employed
1.46
EV to Sales
0.23
PEG Ratio
0.19
Dividend Yield
NA
ROCE (Latest)
72.88%
ROE (Latest)
16.91%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Movement
15What is working for the Company
NET SALES(HY)
At JPY 18,549.73 MM has Grown at 46.62%
NET PROFIT(HY)
At JPY 1,453.39 MM has Grown at 120.79%
ROCE(HY)
Highest at 24.27%
RAW MATERIAL COST(Y)
Fallen by -4.48% (YoY
CASH AND EQV(HY)
Highest at JPY 12,641.15 MM
DEBT-EQUITY RATIO
(HY)
Lowest at 99.79 %
INVENTORY TURNOVER RATIO(HY)
Highest at 1.22 times
DEBTORS TURNOVER RATIO(HY)
Highest at 67.71 times
-8What is not working for the Company
INTEREST(HY)
At JPY 340.52 MM has Grown at 23.43%
Here's what is working for Meiho Enterprise Co., Ltd.
Net Sales
At JPY 18,549.73 MM has Grown at 46.62%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (JPY MM)
Net Profit
At JPY 1,453.39 MM has Grown at 120.79%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (JPY MM)
Cash and Eqv
Highest at JPY 12,641.15 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at 99.79 %
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 1.22 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 67.71 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 -4.48% (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 Meiho Enterprise Co., Ltd.
Interest
At JPY 340.52 MM has Grown at 23.43%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)






