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

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Noritake Co., Ltd.

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Shibaura Machine 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

Positive results in Mar 26

ROCE(HY) Highest at 8.95%
DIVIDEND PER SHARE(HY) Highest at JPY 3.96
NET SALES(Q) Highest at JPY 38,718 MM

With ROE of 7.73%, it has a very attractive valuation with a 1.17 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 142.46%, its profits have risen by 2.1% ; the PEG ratio of the company is 1.9

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

Market Beating performance in long term as well as near term

Along with generating 142.46% returns in the last 1 year, the stock has outperformed Japan Nikkei 225 in the last 3 years, 1 year and 3 months

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?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Noritake Co., Ltd.

142.46%

0.17

62.16%

Japan Nikkei 225

75.22%

3.09

27.80%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

5.17%

EBIT Growth (5y)

57.28%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.07

Sales to Capital Employed (avg)

0.89

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

1.17

EV to EBIT

18.57

EV to EBITDA

11.98

EV to Capital Employed

1.17

EV to Sales

1.35

PEG Ratio

1.94

Dividend Yield

ROCE (Latest)

6.30%

ROE (Latest)

7.73%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

No Trend

Bullish

OBV

Mildly Bullish

Bullish

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

20What is working for the Company

ROCE(HY)

Highest at 8.95%

DIVIDEND PER SHARE(HY)

Highest at JPY 3.96

NET SALES(Q)

Highest at JPY 38,718 MM

OPERATING PROFIT(Q)

Highest at JPY 4,705 MM

RAW MATERIAL COST(Y)

Fallen by -2.62% (YoY

CASH AND EQV(HY)

Highest at JPY 41,985 MM

DEBTORS TURNOVER RATIO(HY)

Highest at 3.96 times

PRE-TAX PROFIT(Q)

Highest at JPY 9,195 MM

NET PROFIT(Q)

Highest at JPY 6,767.52 MM

EPS(Q)

Highest at JPY 99.95

-15What is not working for the Company

INTEREST COVERAGE RATIO(Q)

Lowest at 9,802.08

DIVIDEND PAYOUT RATIO(Y)

Lowest at 50.02%

INTEREST(Q)

Highest at JPY 48 MM

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

Net Sales

Highest at JPY 38,718 MM and Grown

In each period in the last five periods

MOJO Watch

Near term sales trend is very positive

Net Sales (JPY MM)

Operating Profit

Highest at JPY 4,705 MM and Grown

In each period in the last five periods

MOJO Watch

Near term Operating Profit trend is quite positive

Operating Profit (JPY MM)

Pre-Tax Profit

At JPY 9,195 MM has Grown at 119.82%

over average net sales of the previous four periods of JPY 4,183 MM

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (JPY MM)

Net Profit

At JPY 6,767.52 MM has Grown at 119.35%

over average net sales of the previous four periods of JPY 3,085.25 MM

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (JPY MM)

Dividend per share

Highest at JPY 3.96 and Grown

In each year in the last five years

MOJO Watch

Company is distributing higher dividend from profits generated

DPS (JPY)

Net Sales

At JPY 38,718 MM has Grown at 12.74%

over average net sales of the previous four periods of JPY 34,343.75 MM

MOJO Watch

Near term sales trend is positive

Net Sales (JPY MM)

Pre-Tax Profit

Highest at JPY 9,195 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (JPY MM)

Net Profit

Highest at JPY 6,767.52 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (JPY MM)

EPS

Highest at JPY 99.95

in the last five periods

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (JPY)

Cash and Eqv

Highest at JPY 41,985 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Debtors Turnover Ratio

Highest at 3.96 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost

Fallen by -2.62% (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 Noritake Co., Ltd.

Interest Coverage Ratio

Lowest at 9,802.08 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 48 MM has Grown at 37.14%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Interest

Highest at JPY 48 MM

in the last five periods and Increased by 37.14% (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Dividend Payout Ratio

Lowest at 50.02%

in the last five years

MOJO Watch

Company is distributing lower proportion of profits generated as dividend

DPR (%)

Non Operating Income

Highest at JPY 0.8 MM

in the last five periods

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating income