Noritake Co., Ltd. (5331) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Enplas Corp.

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FUKUSHIMA GALILEI CO., LTD.

Max Co., Ltd.

CKD Corp.

KITZ Corp.

Noritake Co., Ltd.

Towa Corp.

Shibaura Machine Co., Ltd.

Mitsubishi Logisnext Co., Ltd.

Why is Noritake Co., Ltd. ?

Company has very low debt and has enough cash to service the debt requirements

Low Debt Company with Strong Long Term Fundamental Strength

Negative results in Dec 25

INTEREST COVERAGE RATIO(Q) Lowest at 13,060
ROCE(HY) Lowest at 8.02%
DEBT-EQUITY RATIO (HY) Highest at 6.5 %

With ROE of 8.53%, it has a very attractive valuation with a 0.72 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 76.28%, its profits have risen by 6.5%

Company is among the highest 1% of companies rated by MarketsMojo across all 4,000 stocks

Market Beating Performance

The stock has generated a return of 76.28% in the last 1 year, much higher than market (Japan Nikkei 225) returns of 45.96%

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Noritake Co., Ltd. should be less than 10%
Overall Portfolio exposure to Industrial Manufacturing should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Noritake Co., Ltd. for you?

Low Risk, High Return

Absolute

Risk Adjusted

Volatility

Noritake Co., Ltd.

76.28%

2.31

27.04%

Japan Nikkei 225

45.96%

1.66

27.70%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

2.76%

EBIT Growth (5y)

19.41%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.07

Sales to Capital Employed (avg)

0.91

Tax Ratio

25.00%

Dividend Payout Ratio

29.98%

Pledged Shares

Institutional Holding

ROCE (avg)

6.72%

ROE (avg)

7.12%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.72

EV to EBIT

9.49

EV to EBITDA

6.26

EV to Capital Employed

0.70

EV to Sales

0.70

PEG Ratio

Dividend Yield

ROCE (Latest)

7.32%

ROE (Latest)

8.53%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

No Trend

Mildly Bullish

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

7What is working for the Company

DEBTORS TURNOVER RATIO(HY)

Highest at 3.84 times

RAW MATERIAL COST(Y)

Fallen by -5.57% (YoY

CASH AND EQV(HY)

Highest at JPY 38,787 MM

NET SALES(Q)

Highest at JPY 35,876 MM

OPERATING PROFIT(Q)

Highest at JPY 4,571 MM

OPERATING PROFIT MARGIN(Q)

Highest at 12.74 %

-18What is not working for the Company

INTEREST COVERAGE RATIO(Q)

Lowest at 13,060

ROCE(HY)

Lowest at 8.02%

DEBT-EQUITY RATIO (HY)

Highest at 6.5 %

INTEREST(Q)

Highest at JPY 35 MM

Here's what is working for Noritake Co., Ltd.

Debtors Turnover Ratio

Highest at 3.84 times and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Net Sales

Highest at JPY 35,876 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (JPY MM)

Operating Profit

Highest at JPY 4,571 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (JPY MM)

Operating Profit Margin

Highest at 12.74 %

in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Cash and Eqv

Highest at JPY 38,787 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Raw Material Cost

Fallen by -5.57% (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 1,452 MM

in the last five periods

MOJO Watch

The expenditure on assets done by the company may have gone into operation

Depreciation (JPY MM)

Here's what is not working for Noritake Co., Ltd.

Interest Coverage Ratio

Lowest at 13,060 and Fallen

In each period in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest

At JPY 35 MM has Grown at 16.67%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Debt-Equity Ratio

Highest at 6.5 % and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Interest

Highest at JPY 35 MM

in the last five periods and Increased by 16.67% (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)