Why is Mitani Corp. ?
1
High Management Efficiency with a high ROE of 12.03%
2
Company has very low debt and has enough cash to service the debt requirements
3
With ROE of 13.94%, it has a very attractive valuation with a 1.15 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 9.78%, its profits have risen by 13.3% ; the PEG ratio of the company is 0.2
- At the current price, the company has a high dividend yield of 0
How much should you buy?
- Overall Portfolio exposure to Mitani Corp. should be less than 10%
- Overall Portfolio exposure to Trading & Distributors should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Trading & Distributors)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Mitani Corp. for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Mitani Corp.
9.78%
1.61
33.44%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality key factors
Factor
Value
Sales Growth (5y)
-3.85%
EBIT Growth (5y)
10.77%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.72
Sales to Capital Employed (avg)
1.95
Tax Ratio
31.26%
Dividend Payout Ratio
29.67%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
47.00%
ROE (avg)
12.03%
Valuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
1.15
EV to EBIT
2.29
EV to EBITDA
1.96
EV to Capital Employed
1.54
EV to Sales
0.21
PEG Ratio
0.17
Dividend Yield
0.03%
ROCE (Latest)
67.02%
ROE (Latest)
13.94%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
5What is working for the Company
DEBT-EQUITY RATIO
(HY)
Lowest at -72.38 %
RAW MATERIAL COST(Y)
Fallen by -4.79% (YoY
CASH AND EQV(HY)
Highest at JPY 259,442 MM
DEBTORS TURNOVER RATIO(HY)
Highest at 4.13%
-4What is not working for the Company
NET SALES(Q)
At JPY 76,820 MM has Fallen at -9.36%
INVENTORY TURNOVER RATIO(HY)
Lowest at 16.02%
PRE-TAX PROFIT(Q)
Lowest at JPY 7,390 MM
Here's what is working for Mitani Corp.
Debt-Equity Ratio
Lowest at -72.38 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Cash and Eqv
Highest at JPY 259,442 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debtors Turnover Ratio
Highest at 4.13%
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 -4.79% (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 Mitani Corp.
Net Sales
At JPY 76,820 MM has Fallen at -9.36%
over average net sales of the previous four periods of JPY 84,751.25 MMMOJO Watch
Near term sales trend is very negative
Net Sales (JPY MM)
Pre-Tax Profit
Lowest at JPY 7,390 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (JPY MM)
Inventory Turnover Ratio
Lowest at 16.02%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






