Why is NHK Spring Co., Ltd. ?
1
Negative results in Dec 25
- INTEREST(Q) At JPY 169 MM has Grown at 77.89%
- DEBT-EQUITY RATIO (HY) Highest at -1.94 %
- INVENTORY TURNOVER RATIO(HY) Lowest at 7.06 times
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 Auto Components & Equipments)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is NHK Spring Co., Ltd. for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
NHK Spring Co., Ltd.
80.15%
1.92
40.15%
Japan Nikkei 225
69.82%
2.74
25.48%
Quality key factors
Factor
Value
Sales Growth (5y)
7.12%
EBIT Growth (5y)
38.71%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.06
Sales to Capital Employed (avg)
1.67
Tax Ratio
16.21%
Dividend Payout Ratio
30.70%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
8.78%
ROE (avg)
9.54%
Valuation Key Factors 
Factor
Value
P/E Ratio
14
Industry P/E
Price to Book Value
1.52
EV to EBIT
13.19
EV to EBITDA
8.20
EV to Capital Employed
1.53
EV to Sales
0.79
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
11.60%
ROE (Latest)
10.61%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
Mildly Bearish
Technical Movement
1What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -2.87% (YoY
-13What is not working for the Company
INTEREST(Q)
At JPY 169 MM has Grown at 77.89%
DEBT-EQUITY RATIO
(HY)
Highest at -1.94 %
INVENTORY TURNOVER RATIO(HY)
Lowest at 7.06 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.88 times
Here's what is working for NHK Spring Co., Ltd.
Raw Material Cost
Fallen by -2.87% (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 7,779 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 NHK Spring Co., Ltd.
Interest
At JPY 169 MM has Grown at 77.89%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Debt-Equity Ratio
Highest at -1.94 %
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
Inventory Turnover Ratio
Lowest at 7.06 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio
Lowest at 4.88 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Non Operating Income
Highest at JPY 0.24 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






