ScoreWhy is NICHIDEN Corp. ?
1
Poor Management Efficiency with a low ROE of 5.08%
- The company has been able to generate a Return on Equity (avg) of 5.08% signifying low profitability per unit of shareholders funds
2
Weak Long Term Fundamental Strength with a 10.92% CAGR growth in Operating Profits over the last 5 years
- The company has been able to generate a Return on Equity (avg) of 5.08% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of 6.54% and Operating profit at 10.92% over the last 5 years
4
With a growth in Operating Profit of 8.58%, the company declared Very Positive results in Jun 26
- The company has declared positive results for the last 2 consecutive quarters
- INTEREST COVERAGE RATIO(Q) Highest at 7,732.26
- ROCE(HY) Highest at 6.36%
- INVENTORY TURNOVER RATIO(HY) Highest at 7.86 times
5
With ROE of 5.56%, it has a very expensive valuation with a 0.83 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 9.55%, its profits have risen by 4.5% ; the PEG ratio of the company is 2
- At the current price, the company has a high dividend yield of 0
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to NICHIDEN Corp. 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
Is NICHIDEN Corp. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
NICHIDEN Corp.
6.51%
-0.41
24.11%
Japan Nikkei 225
60.14%
2.04
29.37%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
6.54%
EBIT Growth (5y)
10.92%
EBIT to Interest (avg)
39.63
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.25
Sales to Capital Employed (avg)
1.52
Tax Ratio
31.59%
Dividend Payout Ratio
40.43%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.81%
ROE (avg)
5.08%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
Price to Book Value
0.83
EV to EBIT
8.05
EV to EBITDA
6.61
EV to Capital Employed
0.77
EV to Sales
0.38
PEG Ratio
1.95
Dividend Yield
NA
ROCE (Latest)
9.55%
ROE (Latest)
5.56%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend17What is working for the Company
INTEREST COVERAGE RATIO(Q)
Highest at 7,732.26
ROCE(HY)
Highest at 6.36%
INVENTORY TURNOVER RATIO(HY)
Highest at 7.86 times
NET SALES(Q)
Highest at JPY 39,864 MM
PRE-TAX PROFIT(Q)
Highest at JPY 2,592 MM
NET PROFIT(Q)
Highest at JPY 1,697 MM
RAW MATERIAL COST(Y)
Fallen by -0.36% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 3.35 times
EPS(Q)
Highest at JPY 57.45
-2What is not working for the Company
CASH AND EQV(HY)
Lowest at JPY 40,730 MM
DEBT-EQUITY RATIO
(HY)
Highest at -7.85 %
Here's what is working for NICHIDEN Corp.
Interest Coverage Ratio
Highest at 7,732.26 and Grown
In each period in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales
Highest at JPY 39,864 MM and Grown
In each period in the last five periodsMOJO Watch
Near term sales trend is very positive
Net Sales (JPY MM)
Pre-Tax Profit
Highest at JPY 2,592 MM and Grown
In each period in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (JPY MM)
Net Profit
Highest at JPY 1,697 MM and Grown
In each period in the last five periodsMOJO Watch
Near term Net Profit trend is very positive
Net Profit (JPY MM)
Inventory Turnover Ratio
Highest at 7.86 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Net Sales
At JPY 39,864 MM has Grown at 13.06%
over average net sales of the previous four periods of JPY 35,258.25 MMMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
EPS
Highest at JPY 57.45
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (JPY)
Debtors Turnover Ratio
Highest at 3.35 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -0.36% (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 NICHIDEN Corp.
Cash and Eqv
Lowest at JPY 40,730 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debt-Equity Ratio
Highest at -7.85 %
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 0.23 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income
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