Why is MIYAJI ENGINEERING GROUP, INC. ?
1
With a fall in Operating Profit of -14.34%, the company declared Very Negative results in Jun 25
- INTEREST(HY) At JPY 27 MM has Grown at 575%
- DEBT-EQUITY RATIO (HY) Highest at -11.74 %
- NET SALES(Q) Lowest at JPY 14,734 MM
2
Below par performance in long term as well as near term
- Along with generating -8.53% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in the last 3 years, 1 year and 3 months
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.
-8.53%
-1.03
21.10%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality key factors
Factor
Value
Sales Growth (5y)
3.20%
EBIT Growth (5y)
11.84%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.22
Sales to Capital Employed (avg)
1.71
Tax Ratio
30.80%
Dividend Payout Ratio
53.64%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
29.01%
ROE (avg)
13.80%
Valuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
1.25
EV to EBIT
4.55
EV to EBITDA
3.99
EV to Capital Employed
1.32
EV to Sales
0.56
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
29.01%
ROE (Latest)
16.25%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Movement
4What is working for the Company
ROCE(HY)
Highest at 12.79%
RAW MATERIAL COST(Y)
Fallen by -23.89% (YoY
-11What is not working for the Company
INTEREST(HY)
At JPY 27 MM has Grown at 575%
DEBT-EQUITY RATIO
(HY)
Highest at -11.74 %
NET SALES(Q)
Lowest at JPY 14,734 MM
PRE-TAX PROFIT(Q)
At JPY 1,534 MM has Fallen at -35.21%
Here's what is working for MIYAJI ENGINEERING GROUP, INC.
Raw Material Cost
Fallen by -23.89% (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 MIYAJI ENGINEERING GROUP, INC.
Interest
At JPY 27 MM has Grown at 575%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Net Sales
At JPY 14,734 MM has Fallen at -21.13%
over average net sales of the previous four periods of JPY 18,681.25 MMMOJO Watch
Near term sales trend is extremely negative
Net Sales (JPY MM)
Net Sales
Lowest at JPY 14,734 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (JPY MM)
Pre-Tax Profit
At JPY 1,534 MM has Fallen at -35.21%
over average net sales of the previous four periods of JPY 2,367.75 MMMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (JPY MM)
Debt-Equity Ratio
Highest at -11.74 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Non Operating Income
Highest at JPY 0.07 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






