ScoreWhy is Nitto Denko Corp. ?
1
High Management Efficiency with a high ROE of 11.47%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 78.10
3
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 11.47%
4
With ROE of 13.15%, it has a very attractive valuation with a 1.77 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 8.92%, its profits have risen by 33.6%
5
Majority shareholders : FIIs
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Nitto Denko Corp. 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 Nitto Denko Corp. for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Nitto Denko Corp.
8.92%
168.87
37.46%
Japan Nikkei 225
36.73%
1.30
28.24%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
6.47%
EBIT Growth (5y)
20.72%
EBIT to Interest (avg)
78.10
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.35
Sales to Capital Employed (avg)
0.96
Tax Ratio
25.90%
Dividend Payout Ratio
28.61%
Pledged Shares
0
Institutional Holding
0.04%
ROCE (avg)
25.83%
ROE (avg)
11.47%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
Price to Book Value
1.77
EV to EBIT
7.53
EV to EBITDA
5.65
EV to Capital Employed
2.18
EV to Sales
1.46
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
28.91%
ROE (Latest)
13.15%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend3What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -0.27% (YoY
NET SALES(Q)
Highest at JPY 272,626 MM
PRE-TAX PROFIT(Q)
Highest at JPY 53,482 MM
-2What is not working for the Company
INTEREST(Q)
At JPY 722 MM has Grown at 27.79%
Here's what is working for Nitto Denko Corp.
Net Sales
Highest at JPY 272,626 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Pre-Tax Profit
Highest at JPY 53,482 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Raw Material Cost
Fallen by -0.27% (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 17,710 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 Nitto Denko Corp.
Interest
At JPY 722 MM has Grown at 27.79%
period on period (QoQ)MOJO 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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