Mitsui High-tec, Inc.

  • Market Cap: Small Cap
  • Industry: Electronics & Appliances
  • ISIN: JP3892400007
JPY
822.00
-12 (-1.44%)
  • 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

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Alps Alpine Co., Ltd.
Kanematsu Corp.
Sumida Corp.
Koa Corp.
Canon Electronics, Inc.
Murata Manufacturing Co. Ltd.
Kohoku Kogyo Co. Ltd.
Mitsui High-tec, Inc.
Nippon Electric Glass Co., Ltd.
Mimasu Semiconductor Industry 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
  • NET PROFIT(9M) At JPY 5,934.52 MM has Grown at -52.75%
  • INTEREST(9M) At JPY 255 MM has Grown at 63.46%
  • ROCE(HY) Lowest at 8.11%
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 5.38%, its profits have fallen by -22.6%
  • At the current price, the company has a high dividend yield of 0.1
6
Underperformed the market in the last 1 year
  • The stock has generated a return of 5.38% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 28.54%
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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No Data Found
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)
1.21
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
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bearish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
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

4What is working for the Company
INVENTORY TURNOVER RATIO(HY)

Highest at 12.32%

CASH AND EQV(HY)

Highest at JPY 104,337 MM

DEBTORS TURNOVER RATIO(HY)

Highest at 6.61%

-34What is not working for the Company
NET PROFIT(9M)

At JPY 5,934.52 MM has Grown at -52.75%

INTEREST(9M)

At JPY 255 MM has Grown at 63.46%

ROCE(HY)

Lowest at 8.11%

INTEREST COVERAGE RATIO(Q)

Lowest at 7,533.33

DEBT-EQUITY RATIO (HY)

Highest at 28.84 %

OPERATING PROFIT(Q)

Lowest at JPY 7,006 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 12.81 %

PRE-TAX PROFIT(Q)

Lowest at JPY 1,299 MM

EPS(Q)

Lowest at JPY 5.3

Here's what is working for Mitsui High-tec, Inc.
Inventory Turnover Ratio
Highest at 12.32% and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Cash and Eqv
Highest at JPY 104,337 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Debtors Turnover Ratio
Highest at 6.61%
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Here's what is not working for Mitsui High-tec, Inc.
Pre-Tax Profit
At JPY 1,299 MM has Fallen at -69.33%
over average net sales of the previous four periods of JPY 4,236 MM
MOJO Watch
Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (JPY MM)

Net Profit
At JPY 825.32 MM has Fallen at -72.61%
over average net sales of the previous four periods of JPY 3,013.63 MM
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (JPY MM)

Interest
At JPY 93 MM has Grown at 12.05%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Interest Coverage Ratio
Lowest at 7,533.33
in the last five periods
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest
Highest at JPY 93 MM
in the last five periods and Increased by 12.05% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Operating Profit
Lowest at JPY 7,006 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is negative

Operating Profit (JPY MM)

Operating Profit Margin
Lowest at 12.81 %
in the last five periods
MOJO Watch
Company's profit margin has deteriorated

Operating Profit to Sales

Pre-Tax Profit
Lowest at JPY 1,299 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (JPY MM)

Net Profit
Lowest at JPY 825.32 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is negative

Net Profit (JPY MM)

EPS
Lowest at JPY 5.3
in the last five periods
MOJO Watch
Declining profitability; company has created lower earnings for shareholders

EPS (JPY)

Debt-Equity Ratio
Highest at 28.84 %
in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio