Mitsui High-tec, Inc.

  • Market Cap: Small Cap
  • Industry: Electronics & Appliances
  • ISIN: JP3892400007
JPY
581.00
17 (3.01%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Kanematsu Corp.
Sumida Corp.
Koa Corp.
Alps Alpine Co., Ltd.
Nippon Electric Glass Co., Ltd.
Kohoku Kogyo Co. Ltd.
Mitsui High-tec, Inc.
Canon Electronics, Inc.
Mimasu Semiconductor Industry Co., Ltd.
Murata Manufacturing Co. Ltd.
Cosel Co., Ltd.

Why is Mitsui High-tec, Inc. ?

1
High Management Efficiency with a high ROCE of 14.99%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 97.73
3
Healthy long term growth as Net Sales has grown by an annual rate of 19.83% and Operating profit at 277.12%
4
The company has declared Negative results for the last 3 consecutive quarters
  • INTEREST(HY) At JPY 244 MM has Grown at 63.76%
  • OPERATING PROFIT MARGIN(Q) Lowest at 11.27 %
5
With ROCE of 11.75%, it has a very attractive valuation with a 1.25 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 -21.27%, its profits have fallen by -22.6%
  • At the current price, the company has a high dividend yield of 0.1
6
Consistent Underperformance against the benchmark over the last 3 years
  • Along with generating -21.27% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in each of the last 3 annual periods
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Mitsui High-tec, Inc. should be less than 10%
  2. Overall Portfolio exposure to Electronics & Appliances should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

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stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
19.83%
EBIT Growth (5y)
277.12%
EBIT to Interest (avg)
97.71
Debt to EBITDA (avg)
0.88
Net Debt to Equity (avg)
0.24
Sales to Capital Employed (avg)
1.17
Tax Ratio
30.93%
Dividend Payout Ratio
26.32%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
15.23%
ROE (avg)
15.41%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
1.32
EV to EBIT
10.68
EV to EBITDA
5.60
EV to Capital Employed
1.25
EV to Sales
0.80
PEG Ratio
NA
Dividend Yield
0.05%
ROCE (Latest)
11.75%
ROE (Latest)
10.96%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

3What is working for the Company
RAW MATERIAL COST(Y)

Fallen by -1.52% (YoY

CASH AND EQV(HY)

Highest at JPY 110,186 MM

EPS(Q)

Highest at JPY 17.64

-9What is not working for the Company
INTEREST(HY)

At JPY 244 MM has Grown at 63.76%

OPERATING PROFIT MARGIN(Q)

Lowest at 11.27 %

Here's what is working for Mitsui High-tec, Inc.

EPS
Highest at JPY 17.64
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (JPY)

Cash and Eqv
Highest at JPY 110,186 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Raw Material Cost
Fallen by -1.52% (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 Mitsui High-tec, Inc.

Interest
At JPY 244 MM has Grown at 63.76%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Operating Profit Margin
Lowest at 11.27 %
in the last five periods
MOJO Watch
Company's profit margin has deteriorated

Operating Profit to Sales