Comparison
Company
Score
Quality
Valuation
Financial
Technical
Why is Meiko Electronics Co., Ltd. ?
1
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Operating profit has grown by an annual rate 29.75% of over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- INTEREST(Q) At JPY 528 MM has Grown at 14.78%
- INVENTORY TURNOVER RATIO(HY) Lowest at 4 times
2
With ROCE of 11.09%, it has a attractive valuation with a 1.28 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 245.70%, its profits have risen by 30.5% ; the PEG ratio of the company is 0.3
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Meiko Electronics Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Meiko Electronics Co., Ltd.
245.7%
3.53
72.36%
Japan Nikkei 225
36.73%
1.30
28.24%
Quality key factors
Factor
Value
Sales Growth (5y)
12.36%
EBIT Growth (5y)
29.75%
EBIT to Interest (avg)
11.22
Debt to EBITDA (avg)
2.83
Net Debt to Equity (avg)
0.59
Sales to Capital Employed (avg)
0.99
Tax Ratio
18.59%
Dividend Payout Ratio
15.45%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.77%
ROE (avg)
14.25%
Valuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
1.44
EV to EBIT
11.54
EV to EBITDA
6.82
EV to Capital Employed
1.28
EV to Sales
1.06
PEG Ratio
0.34
Dividend Yield
NA
ROCE (Latest)
11.09%
ROE (Latest)
13.95%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
Bullish
OBV
No Trend
Bullish
Technical Movement
4What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -3.6% (YoY
CASH AND EQV(HY)
Highest at JPY 77,832 MM
NET SALES(Q)
Highest at JPY 60,540 MM
OPERATING PROFIT(Q)
Highest at JPY 9,834 MM
-11What is not working for the Company
INTEREST(Q)
At JPY 528 MM has Grown at 14.78%
INVENTORY TURNOVER RATIO(HY)
Lowest at 4 times
Here's what is working for Meiko Electronics Co., Ltd.
Net Sales
Highest at JPY 60,540 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Operating Profit
Highest at JPY 9,834 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (JPY MM)
Cash and Eqv
Highest at JPY 77,832 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -3.6% (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 3,748 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 Meiko Electronics Co., Ltd.
Interest
At JPY 528 MM has Grown at 14.78%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Inventory Turnover Ratio
Lowest at 4 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






