Why is MIYAJI ENGINEERING GROUP, INC. ?
1
With a fall in Net Sales of -27.41%, the company declared Very Negative results in Mar 26
- The company has declared negative results for the last 4 consecutive quarters
- INTEREST(9M) At JPY 40 MM has Grown at 33.33%
- NET SALES(HY) At JPY 28,352 MM has Grown at -26.6%
- NET PROFIT(HY) At JPY 1,432.36 MM has Grown at -43.37%
2
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -22.78% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in each of the last 3 annual periods
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 Construction)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is MIYAJI ENGINEERING GROUP, INC. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
MIYAJI ENGINEERING GROUP, INC.
-100.0%
-1.39
21.49%
Japan Nikkei 225
59.79%
2.03
29.50%
Quality key factors
Factor
Value
Sales Growth (5y)
1.29%
EBIT Growth (5y)
-0.91%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.21
Sales to Capital Employed (avg)
1.61
Tax Ratio
30.19%
Dividend Payout Ratio
79.22%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
27.41%
ROE (avg)
13.78%
Valuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
Price to Book Value
1.03
EV to EBIT
7.23
EV to EBITDA
5.53
EV to Capital Employed
1.04
EV to Sales
0.60
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
14.40%
ROE (Latest)
9.45%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
1What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -1.03% (YoY
-22What is not working for the Company
INTEREST(9M)
At JPY 40 MM has Grown at 33.33%
NET SALES(HY)
At JPY 28,352 MM has Grown at -26.6%
NET PROFIT(HY)
At JPY 1,432.36 MM has Grown at -43.37%
ROCE(HY)
Lowest at 7.83%
DEBTORS TURNOVER RATIO(HY)
Lowest at 1.27 times
Here's what is working for MIYAJI ENGINEERING GROUP, INC.
Raw Material Cost
Fallen by -1.03% (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 445 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 MIYAJI ENGINEERING GROUP, INC.
Net Sales
At JPY 28,352 MM has Grown at -26.6%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (JPY MM)
Interest
At JPY 40 MM has Grown at 33.33%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Net Profit
At JPY 1,432.36 MM has Grown at -43.37%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (JPY MM)
Debtors Turnover Ratio
Lowest at 1.27 times and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






