Why is Meisei Industrial Co., Ltd. ?
1
Company has very low debt and has enough cash to service the debt requirements
2
Poor long term growth as Net Sales has grown by an annual rate of 4.55% and Operating profit at 10.50% over the last 5 years
3
Flat results in Dec 25
- INTEREST(HY) At JPY 4 MM has Grown at 33.33%
- DEBTORS TURNOVER RATIO(HY) Lowest at 2.63 times
4
With ROE of 12.04%, it has a very attractive valuation with a 1.18 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 35.36%, its profits have risen by 30.3% ; the PEG ratio of the company is 0.3
- At the current price, the company has a high dividend yield of 0
How much should you hold?
- Overall Portfolio exposure to Meisei Industrial Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Construction should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Construction)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Meisei Industrial Co., Ltd. for you?
Low Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Meisei Industrial Co., Ltd.
35.36%
1.52
27.92%
Japan Nikkei 225
36.73%
1.30
28.24%
Quality key factors
Factor
Value
Sales Growth (5y)
4.55%
EBIT Growth (5y)
10.50%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.48
Sales to Capital Employed (avg)
0.95
Tax Ratio
26.95%
Dividend Payout Ratio
34.35%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
22.98%
ROE (avg)
9.17%
Valuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
1.18
EV to EBIT
4.51
EV to EBITDA
4.21
EV to Capital Employed
1.34
EV to Sales
0.72
PEG Ratio
0.29
Dividend Yield
0.03%
ROCE (Latest)
29.72%
ROE (Latest)
12.04%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Movement
2What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -22.53% (YoY
CASH AND EQV(HY)
Highest at JPY 67,500 MM
-9What is not working for the Company
INTEREST(HY)
At JPY 4 MM has Grown at 33.33%
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.63 times
Here's what is working for Meisei Industrial Co., Ltd.
Cash and Eqv
Highest at JPY 67,500 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -22.53% (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 Meisei Industrial Co., Ltd.
Interest
At JPY 4 MM has Grown at 33.33%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Debtors Turnover Ratio
Lowest at 2.63 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






