ScoreWhy is Noritz Corp. ?
1
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
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 38.46
3
Low Debt Company with Strong Long Term Fundamental Strength
4
With a growth in Net Profit of 66.1%, the company declared Very Positive results in Mar 26
- ROCE(HY) Highest at 4.71%
- INVENTORY TURNOVER RATIO(HY) Highest at 4.57 times
- PRE-TAX PROFIT(Q) Highest at JPY 5,942 MM
5
With ROE of 2.57%, it has a very attractive valuation with a 0.84 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 26.84%, its profits have fallen by -26.7%
- At the current price, the company has a high dividend yield of 0
6
Underperformed the market in the last 1 year
- The stock has generated a return of 26.84% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 85.83%
Real-Time Research ReportHow 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.
26.84%
1.27
26.50%
Japan Nikkei 225
85.83%
3.09
27.80%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
1.90%
EBIT Growth (5y)
-2.02%
EBIT to Interest (avg)
38.46
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.21
Sales to Capital Employed (avg)
1.50
Tax Ratio
32.94%
Dividend Payout Ratio
100.69%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.90%
ROE (avg)
3.81%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
33
Industry P/E
Price to Book Value
0.84
EV to EBIT
22.74
EV to EBITDA
7.94
EV to Capital Employed
0.81
EV to Sales
0.48
PEG Ratio
NA
Dividend Yield
0.04%
ROCE (Latest)
3.57%
ROE (Latest)
2.57%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend18What is working for the Company
ROCE(HY)
Highest at 4.71%
INVENTORY TURNOVER RATIO(HY)
Highest at 4.57 times
PRE-TAX PROFIT(Q)
Highest at JPY 5,942 MM
NET PROFIT(Q)
Highest at JPY 4,660.41 MM
EPS(Q)
Highest at JPY 97.52
-9What is not working for the Company
INTEREST(HY)
At JPY 111 MM has Grown at 24.72%
CASH AND EQV(HY)
Lowest at JPY 53,965 MM
DEBTORS TURNOVER RATIO(HY)
Lowest at 3.71 times
Here's what is working for Noritz Corp.
Pre-Tax Profit
At JPY 5,942 MM has Grown at 330.19%
over average net sales of the previous four periods of JPY 1,381.25 MMMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 4,660.41 MM has Grown at 458.06%
over average net sales of the previous four periods of JPY 835.11 MMMOJO Watch
Near term Net Profit trend is very positive
Net Profit (JPY MM)
Pre-Tax Profit
Highest at JPY 5,942 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 4,660.41 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
EPS
Highest at JPY 97.52
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (JPY)
Inventory Turnover Ratio
Highest at 4.57 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Here's what is not working for Noritz Corp.
Interest
At JPY 111 MM has Grown at 24.72%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Cash and Eqv
Lowest at JPY 53,965 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debtors Turnover Ratio
Lowest at 3.71 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
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