Why is Narasaki Sangyo Co., Ltd. ?
1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 54.49
2
Poor long term growth as Net Sales has grown by an annual rate of 5.85% and Operating profit at 10.23% over the last 5 years
3
Flat results in Mar 26
- INTEREST(HY) At JPY 26 MM has Grown at 13.04%
- ROCE(HY) Lowest at 8.13%
- DEBT-EQUITY RATIO (HY) Highest at -36.26 %
4
With ROE of 8.51%, it has a attractive valuation with a 0.92 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 26.91%, its profits have fallen by -1.5%
- At the current price, the company has a high dividend yield of 0
5
Underperformed the market in the last 1 year
- The stock has generated a return of 26.91% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 85.83%
How much should you hold?
- Overall Portfolio exposure to Narasaki Sangyo Co., Ltd. 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
No Data Found
Quality key factors
Factor
Value
Sales Growth (5y)
5.85%
EBIT Growth (5y)
10.23%
EBIT to Interest (avg)
54.49
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.41
Sales to Capital Employed (avg)
4.17
Tax Ratio
29.77%
Dividend Payout Ratio
27.09%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
20.89%
ROE (avg)
9.25%
Valuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
Price to Book Value
0.92
EV to EBIT
4.89
EV to EBITDA
3.96
EV to Capital Employed
0.87
EV to Sales
0.13
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
17.82%
ROE (Latest)
8.51%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
6What is working for the Company
DIVIDEND PER SHARE(HY)
Highest at JPY 5.27
DIVIDEND PAYOUT RATIO(Y)
Highest at 63.84%
RAW MATERIAL COST(Y)
Fallen by -0.89% (YoY
NET PROFIT(9M)
Higher at JPY 2,229.36 MM
NET SALES(Q)
Highest at JPY 34,221 MM
-9What is not working for the Company
INTEREST(HY)
At JPY 26 MM has Grown at 13.04%
ROCE(HY)
Lowest at 8.13%
DEBT-EQUITY RATIO
(HY)
Highest at -36.26 %
Here's what is working for Narasaki Sangyo Co., Ltd.
Dividend per share
Highest at JPY 5.27 and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Net Sales
Highest at JPY 34,221 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Net Profit
Higher at JPY 2,229.36 MM
than preceding 12 month period ended Mar 2026MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (JPY MM)
Dividend Payout Ratio
Highest at 63.84%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Raw Material Cost
Fallen by -0.89% (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
Depreciation
Highest at JPY 200 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 Narasaki Sangyo Co., Ltd.
Interest
At JPY 26 MM has Grown at 13.04%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Debt-Equity Ratio
Highest at -36.26 %
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






