ScoreWhy is Pigeon Corp. ?
1
High Management Efficiency with a high ROE of 12.27%
2
Company has very low debt and has enough cash to service the debt requirements
3
Poor long term growth as Net Sales has grown by an annual rate of 0.67% and Operating profit at -9.02% over the last 5 years
4
Flat results in Jun 25
- DEBTORS TURNOVER RATIO(HY) Lowest at 4.99%
5
With ROE of 11.47%, it has a very attractive valuation with a 2.88 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 5.23%, its profits have risen by 14.6% ; the PEG ratio of the company is 1.7
- At the current price, the company has a high dividend yield of 0.1
6
Underperformed the market in the last 1 year
- The stock has generated a return of 5.23% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 28.54%
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Pigeon Corp. should be less than 10%
- Overall Portfolio exposure to FMCG should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in FMCG)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Pigeon Corp. for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Pigeon Corp.
5.23%
156.60
26.41%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
0.67%
EBIT Growth (5y)
-9.02%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.42
Sales to Capital Employed (avg)
1.27
Tax Ratio
33.11%
Dividend Payout Ratio
108.57%
Pledged Shares
0
Institutional Holding
0.02%
ROCE (avg)
29.84%
ROE (avg)
12.27%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
25
Industry P/E
Price to Book Value
2.88
EV to EBIT
14.93
EV to EBITDA
10.81
EV to Capital Employed
4.22
EV to Sales
1.79
PEG Ratio
1.72
Dividend Yield
0.06%
ROCE (Latest)
28.28%
ROE (Latest)
11.47%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend9What is working for the Company
ROCE(HY)
Highest at 11.79%
INTEREST COVERAGE RATIO(Q)
The company hardly has any interest cost
RAW MATERIAL COST(Y)
Fallen by -3.68% (YoY
NET PROFIT(9M)
Higher at JPY 7,656.03 MM
NET SALES(Q)
Highest at JPY 28,507 MM
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.99%
Here's what is working for Pigeon Corp.
Net Profit
At JPY 7,656.03 MM has Grown at 75.78%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Net Sales
Highest at JPY 28,507 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Net Profit
Higher at JPY 7,656.03 MM
than preceding 12 month period ended Jun 2025MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (JPY MM)
Raw Material Cost
Fallen by -3.68% (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 Pigeon Corp.
Debtors Turnover Ratio
Lowest at 4.99%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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