Why is Nihon Dengi Co., Ltd. ?
1
High Management Efficiency with a high ROE of 12.72%
2
Company has very low debt and has enough cash to service the debt requirements
3
Healthy long term growth as Operating profit has grown by an annual rate 15.56%
4
Positive results in Jun 25
- ROCE(HY) Highest at 18.32%
- RAW MATERIAL COST(Y) Fallen by -8.15% (YoY)
- NET PROFIT(9M) Higher at JPY 5,808.75 MM
5
With ROE of 16.52%, it has a very attractive valuation with a 1.69 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 121.07%, its profits have risen by 38.2%
How much should you buy?
- Overall Portfolio exposure to Nihon Dengi Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Nihon Dengi Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Nihon Dengi Co., Ltd.
121.07%
2.66
63.07%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality key factors
Factor
Value
Sales Growth (5y)
6.59%
EBIT Growth (5y)
15.56%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.39
Sales to Capital Employed (avg)
1.14
Tax Ratio
29.82%
Dividend Payout Ratio
30.29%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
28.80%
ROE (avg)
12.72%
Valuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
1.69
EV to EBIT
5.62
EV to EBITDA
5.36
EV to Capital Employed
2.14
EV to Sales
1.19
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
38.07%
ROE (Latest)
16.52%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Bullish
Bullish
OBV
Bullish
Bullish
Technical Movement
13What is working for the Company
ROCE(HY)
Highest at 18.32%
RAW MATERIAL COST(Y)
Fallen by -8.15% (YoY
NET PROFIT(9M)
Higher at JPY 5,808.75 MM
CASH AND EQV(HY)
Highest at JPY 29,537 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 17.55%
DEBTORS TURNOVER RATIO(HY)
Highest at 4.74%
NET SALES(Q)
At JPY 8,424 MM has Grown at 28.59%
PRE-TAX PROFIT(Q)
At JPY 1,353 MM has Grown at 62.42%
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Nihon Dengi Co., Ltd.
Net Sales
At JPY 8,424 MM has Grown at 28.59%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Pre-Tax Profit
At JPY 1,353 MM has Grown at 62.42%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Cash and Eqv
Highest at JPY 29,537 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Inventory Turnover Ratio
Highest at 17.55%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 4.74%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Net Profit
Higher at JPY 5,808.75 MM
than preceding 12 month period ended Jun 2025MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (JPY MM)
Raw Material Cost
Fallen by -8.15% (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






