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 14.10%
2
With a growth in Net Profit of 677.81%, the company declared Very Positive results in Apr 25
- The company has declared positive results in Jan 70 after 3 consecutive negative quarters
- DEBTORS TURNOVER RATIO(HY) Highest at 46.23%
- NET PROFIT(Q) At JPY 588.15 MM has Grown at 138.45%
- NET SALES(Q) Highest at JPY 8,091.6 MM
3
With ROE of 16.67%, it has a very attractive valuation with a 1.28 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 40.89%, its profits have risen by 119% ; the PEG ratio of the company is 0.1
4
Consistent Returns over the last 3 years
- Along with generating 40.89% returns in the last 1 year, the stock has outperformed Japan Nikkei 225 in each of the last 3 annual periods
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?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Meiho Enterprise Co., Ltd.
36.66%
0.54
40.62%
Japan Nikkei 225
28.54%
1.14
25.81%
Quality key factors
Factor
Value
Sales Growth (5y)
14.10%
EBIT Growth (5y)
39.06%
EBIT to Interest (avg)
6.06
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
27.43%
Dividend Payout Ratio
23.58%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
45.45%
ROE (avg)
12.67%
Valuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
1.28
EV to EBIT
3.68
EV to EBITDA
3.59
EV to Capital Employed
1.37
EV to Sales
0.42
PEG Ratio
0.06
Dividend Yield
NA
ROCE (Latest)
37.26%
ROE (Latest)
16.67%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
13What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 46.23%
NET PROFIT(Q)
At JPY 588.15 MM has Grown at 138.45%
NET SALES(Q)
Highest at JPY 8,091.6 MM
PRE-TAX PROFIT(Q)
Highest at JPY 863.57 MM
-17What is not working for the Company
INTEREST(HY)
At JPY 275.88 MM has Grown at 47.22%
NET PROFIT(HY)
At JPY 658.28 MM has Grown at -42.48%
ROCE(HY)
Lowest at 11.89%
RAW MATERIAL COST(Y)
Grown by 23.01% (YoY
DEBT-EQUITY RATIO
(HY)
Highest at 168.68 %
INVENTORY TURNOVER RATIO(HY)
Lowest at 0.97%
Here's what is working for Meiho Enterprise Co., Ltd.
Net Sales
At JPY 8,091.6 MM has Grown at 50.92%
over average net sales of the previous four periods of JPY 5,361.41 MMMOJO Watch
Near term sales trend is extremely positive
Net Sales (JPY MM)
Pre-Tax Profit
At JPY 863.57 MM has Grown at 146.24%
over average net sales of the previous four periods of JPY 350.7 MMMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 588.15 MM has Grown at 138.45%
over average net sales of the previous four periods of JPY 246.66 MMMOJO Watch
Near term Net Profit trend is very positive
Net Profit (JPY MM)
Debtors Turnover Ratio
Highest at 46.23% and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Net Sales
Highest at JPY 8,091.6 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Pre-Tax Profit
Highest at JPY 863.57 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Here's what is not working for Meiho Enterprise Co., Ltd.
Interest
At JPY 275.88 MM has Grown at 47.22%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Debt-Equity Ratio
Highest at 168.68 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Inventory Turnover Ratio
Lowest at 0.97%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Raw Material Cost
Grown by 23.01% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






