Noritz Corp. (5943) 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.

FUKUSHIMA GALILEI CO., LTD.

KITZ Corp.

Fuji Seal International, Inc.

Krosaki Harima Corp.

Noritz Corp.

Noritake Co., Ltd.

Eagle Industry Co. Ltd.

METAWATER Co., Ltd.

Tsurumi Manufacturing Co., Ltd.

OPTORUN Co., Ltd.

Why is Noritz Corp. ?

Poor Management Efficiency with a low ROE of 3.81%

The company has been able to generate a Return on Equity (avg) of 3.81% signifying low profitability per unit of shareholders funds

Weak Long Term Fundamental Strength with a 1.29% CAGR growth in Net Sales over the last 5 years

The company has been able to generate a Return on Equity (avg) of 3.81% signifying low profitability per unit of shareholders funds

Poor long term growth as Net Sales has grown by an annual rate of 1.29% over the last 5 years

NET PROFIT(HY) Higher at JPY 5,192.41 MM
ROCE(HY) Highest at 5.32%
INVENTORY TURNOVER RATIO(HY) Highest at 4.62 times

With ROE of 4.72%, it has a very attractive valuation with a 0.76 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 18.58%, its profits have risen by 11.4% ; the PEG ratio of the company is 1.4
At the current price, the company has a high dividend yield of 0

Underperformed the market in the last 1 year

The stock has generated a return of 18.58% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 59.79%

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Noritz Corp. 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 Noritz Corp. for you?

Low Risk, Low Return

Absolute

Risk Adjusted

Volatility

Noritz Corp.

19.72%

1.29

26.98%

Japan Nikkei 225

60.14%

2.04

29.37%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

1.29%

EBIT Growth (5y)

-13.78%

EBIT to Interest (avg)

22.06

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.21

Sales to Capital Employed (avg)

1.50

Tax Ratio

27.84%

Dividend Payout Ratio

100.69%

Pledged Shares

Institutional Holding

ROCE (avg)

4.17%

ROE (avg)

3.81%

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

0.76

EV to EBIT

21.95

EV to EBITDA

7.03

EV to Capital Employed

0.72

EV to Sales

0.43

PEG Ratio

1.41

Dividend Yield

0.05%

ROCE (Latest)

3.27%

ROE (Latest)

4.72%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

No Trend

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

17What is working for the Company

NET PROFIT(HY)

Higher at JPY 5,192.41 MM

ROCE(HY)

Highest at 5.32%

INVENTORY TURNOVER RATIO(HY)

Highest at 4.62 times

DIVIDEND PER SHARE(HY)

Highest at JPY 4.1

DIVIDEND PAYOUT RATIO(Y)

Highest at 403.03%

-14What is not working for the Company

INTEREST(HY)

At JPY 104 MM has Grown at 30%

PRE-TAX PROFIT(Q)

At JPY 642 MM has Fallen at -72.43%

NET PROFIT(Q)

At JPY 532 MM has Fallen at -67.6%

Here's what is working for Noritz Corp.

Inventory Turnover Ratio

Highest at 4.62 times and Grown

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

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Dividend per share

Highest at JPY 4.1 and Grown

In each year in the last five years

MOJO Watch

Company is distributing higher dividend from profits generated

DPS (JPY)

Dividend Payout Ratio

Highest at 403.03%

in the last five years

MOJO Watch

Company is distributing higher proportion of profits generated as dividend

DPR (%)

Depreciation

Highest at JPY 2,389 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 Noritz Corp.

Interest

At JPY 104 MM has Grown at 30%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Pre-Tax Profit

At JPY 642 MM has Fallen at -72.43%

over average net sales of the previous four periods of JPY 2,329 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (JPY MM)

Net Profit

At JPY 532 MM has Fallen at -67.6%

over average net sales of the previous four periods of JPY 1,641.96 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (JPY MM)