Why is Nihon Nohyaku Co., Ltd. ?
1
- INTEREST COVERAGE RATIO(Q) Lowest at 245.57
- PRE-TAX PROFIT(Q) At JPY 1,952 MM has Fallen at -58.3%
- RAW MATERIAL COST(Y) Grown by 14.98% (YoY)
2
With ROCE of 9.81%, it has a very attractive valuation with a 0.92 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 34.20%, its profits have fallen by -32.9%
- At the current price, the company has a high dividend yield of 0.1
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 Chemicals & Petrochemicals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Nihon Nohyaku Co., Ltd. for you?
Low Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Nihon Nohyaku Co., Ltd.
34.2%
1.17
32.67%
Japan Nikkei 225
38.94%
1.38
28.28%
Quality key factors
Factor
Value
Sales Growth (5y)
6.98%
EBIT Growth (5y)
1.37%
EBIT to Interest (avg)
7.75
Debt to EBITDA (avg)
0.95
Net Debt to Equity (avg)
0.13
Sales to Capital Employed (avg)
0.94
Tax Ratio
46.73%
Dividend Payout Ratio
73.19%
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
9.78%
ROE (avg)
7.49%
Valuation Key Factors 
Factor
Value
P/E Ratio
18
Industry P/E
Price to Book Value
0.91
EV to EBIT
9.36
EV to EBITDA
7.39
EV to Capital Employed
0.92
EV to Sales
0.80
PEG Ratio
NA
Dividend Yield
0.06%
ROCE (Latest)
9.81%
ROE (Latest)
5.12%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bearish
Technical Movement
7What is working for the Company
NET PROFIT(9M)
Higher at JPY 6,643.97 MM
CASH AND EQV(HY)
Highest at JPY 57,831 MM
DEBT-EQUITY RATIO
(HY)
Lowest at 1.23 %
DEBTORS TURNOVER RATIO(HY)
Highest at 3.66 times
-12What is not working for the Company
INTEREST COVERAGE RATIO(Q)
Lowest at 245.57
PRE-TAX PROFIT(Q)
At JPY 1,952 MM has Fallen at -58.3%
RAW MATERIAL COST(Y)
Grown by 14.98% (YoY
INTEREST(Q)
Highest at JPY 733 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 7.95 %
Here's what is working for Nihon Nohyaku Co., Ltd.
Net Profit
At JPY 6,643.97 MM has Grown at 103.7%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (JPY MM)
Cash and Eqv
Highest at JPY 57,831 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at 1.23 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Debtors Turnover Ratio
Highest at 3.66 times
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 6,643.97 MM
than preceding 12 month period ended Dec 2025MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (JPY MM)
Depreciation
Highest at JPY 643 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 Nihon Nohyaku Co., Ltd.
Interest
At JPY 733 MM has Grown at 16.35%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest Coverage Ratio
Lowest at 245.57
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Pre-Tax Profit
At JPY 1,952 MM has Fallen at -58.3%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (JPY MM)
Interest
Highest at JPY 733 MM
in the last five periods and Increased by 16.35% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Operating Profit Margin
Lowest at 7.95 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Raw Material Cost
Grown by 14.98% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






