Why is Nojima Corp. ?
1
Strong Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 23.28%
- Healthy long term growth as Operating profit has grown by an annual rate 13.77%
- Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 48.67
2
With ROCE of 25.99%, it has a attractive valuation with a 1.46 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 -54.72%, its profits have risen by 36%
How much should you buy?
- Overall Portfolio exposure to Nojima 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 Nojima Corp. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Nojima Corp.
-55.86%
-0.25
77.25%
Japan Nikkei 225
81.96%
2.98
27.54%
Quality key factors
Factor
Value
Sales Growth (5y)
13.37%
EBIT Growth (5y)
13.77%
EBIT to Interest (avg)
48.67
Debt to EBITDA (avg)
0.14
Net Debt to Equity (avg)
-0.07
Sales to Capital Employed (avg)
3.20
Tax Ratio
34.92%
Dividend Payout Ratio
13.43%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
23.28%
ROE (avg)
19.70%
Valuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
1.43
EV to EBIT
5.63
EV to EBITDA
3.85
EV to Capital Employed
1.46
EV to Sales
0.33
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
25.99%
ROE (Latest)
16.88%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
9What is working for the Company
DIVIDEND PER SHARE(HY)
Highest at JPY 6.26
RAW MATERIAL COST(Y)
Fallen by 1.66% (YoY
CASH AND EQV(HY)
Highest at JPY 190,460 MM
NET SALES(Q)
Highest at JPY 268,876 MM
OPERATING PROFIT(Q)
Highest at JPY 23,665 MM
PRE-TAX PROFIT(Q)
Highest at JPY 17,253 MM
NET PROFIT(Q)
Highest at JPY 10,569.45 MM
-12What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 6.26 times
INTEREST(Q)
Highest at JPY 386 MM
Here's what is working for Nojima Corp.
Dividend per share
Highest at JPY 6.26 and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Net Sales
Highest at JPY 268,876 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Operating Profit
Highest at JPY 23,665 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (JPY MM)
Pre-Tax Profit
Highest at JPY 17,253 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Net Profit
Highest at JPY 10,569.45 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Cash and Eqv
Highest at JPY 190,460 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by 1.66% (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 Nojima Corp.
Interest
At JPY 386 MM has Grown at 13.53%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest
Highest at JPY 386 MM
in the last five periods and Increased by 13.53% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Debtors Turnover Ratio
Lowest at 6.26 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






