Why is Onward Holdings Co., Ltd. ?
1
Healthy long term growth as Operating profit has grown by an annual rate 39.68%
2
Positive results in May 25
- ROCE(HY) Highest at 10.51%
- RAW MATERIAL COST(Y) Fallen by -0.49% (YoY)
- DEBTORS TURNOVER RATIO(HY) Highest at 12.8%
3
With ROCE of 8.45%, it has a very attractive valuation with a 1.05 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 27.16%, its profits have fallen by -9.2%
- At the current price, the company has a high dividend yield of 0.1
How much should you buy?
- Overall Portfolio exposure to Onward Holdings Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Footwear should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Footwear)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Onward Holdings Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Onward Holdings Co., Ltd.
24.96%
0.57
20.81%
Japan Nikkei 225
28.54%
1.14
25.81%
Quality key factors
Factor
Value
Sales Growth (5y)
-3.44%
EBIT Growth (5y)
39.68%
EBIT to Interest (avg)
4.63
Debt to EBITDA (avg)
2.21
Net Debt to Equity (avg)
0.43
Sales to Capital Employed (avg)
1.61
Tax Ratio
20.69%
Dividend Payout Ratio
41.44%
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
5.47%
ROE (avg)
10.47%
Valuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
1.07
EV to EBIT
12.45
EV to EBITDA
8.18
EV to Capital Employed
1.05
EV to Sales
0.61
PEG Ratio
NA
Dividend Yield
0.09%
ROCE (Latest)
8.45%
ROE (Latest)
12.04%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bearish
No Trend
Technical Movement
12What is working for the Company
ROCE(HY)
Highest at 10.51%
RAW MATERIAL COST(Y)
Fallen by -0.49% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 12.8%
NET SALES(Q)
Highest at JPY 60,158 MM
OPERATING PROFIT(Q)
Highest at JPY 6,677 MM
PRE-TAX PROFIT(Q)
Highest at JPY 5,215 MM
NET PROFIT(Q)
Highest at JPY 4,539.08 MM
EPS(Q)
Highest at JPY 31.44
-1What is not working for the Company
CASH AND EQV(HY)
Lowest at JPY 23,868 MM
Here's what is working for Onward Holdings Co., Ltd.
Net Sales
Highest at JPY 60,158 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Net Sales
At JPY 60,158 MM has Grown at 17.09%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Operating Profit
Highest at JPY 6,677 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (JPY MM)
Pre-Tax Profit
Highest at JPY 5,215 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 4,539.08 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
EPS
Highest at JPY 31.44
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (JPY)
Debtors Turnover Ratio
Highest at 12.8%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -0.49% (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 Onward Holdings Co., Ltd.
Cash and Eqv
Lowest at JPY 23,868 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






