ScoreWhy is Nichirei Corp. ?
1
High Management Efficiency with a high ROCE of 11.78%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 42.80
3
Poor long term growth as Operating profit has grown by an annual rate 4.30% of over the last 5 years
4
The company has declared Negative results for the last 3 consecutive quarters
- INTEREST(HY) At JPY 679 MM has Grown at 46.65%
- ROCE(HY) Lowest at 9.27%
5
With ROCE of 12.09%, it has a very attractive valuation with a 1.71 Enterprise value to Capital Employed
- 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 -13.16%, its profits have risen by 7.2%
- At the current price, the company has a high dividend yield of 0
6
Below par performance in long term as well as near term
- Along with generating -13.16% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Nichirei Corp. should be less than 10%
- Overall Portfolio exposure to Other Agricultural Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Agricultural Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Nichirei Corp. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Nichirei Corp.
-13.16%
-0.01
55.60%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
3.72%
EBIT Growth (5y)
4.30%
EBIT to Interest (avg)
42.80
Debt to EBITDA (avg)
1.12
Net Debt to Equity (avg)
0.22
Sales to Capital Employed (avg)
1.95
Tax Ratio
28.51%
Dividend Payout Ratio
47.26%
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
11.78%
ROE (avg)
10.83%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
17
Industry P/E
Price to Book Value
1.86
EV to EBIT
14.13
EV to EBITDA
8.65
EV to Capital Employed
1.71
EV to Sales
0.77
PEG Ratio
NA
Dividend Yield
0.01%
ROCE (Latest)
12.09%
ROE (Latest)
10.71%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bullish
Bearish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend3What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -1.98% (YoY
CASH AND EQV(HY)
Highest at JPY 78,536 MM
DEBT-EQUITY RATIO
(HY)
Lowest at 28.26 %
-10What is not working for the Company
INTEREST(HY)
At JPY 679 MM has Grown at 46.65%
ROCE(HY)
Lowest at 9.27%
Here's what is working for Nichirei Corp.
Cash and Eqv
Highest at JPY 78,536 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at 28.26 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Raw Material Cost
Fallen by -1.98% (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 Nichirei Corp.
Interest
At JPY 679 MM has Grown at 46.65%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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