Why is Prima Meat Packers, Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 1.77% and Operating profit at -16.33% over the last 5 years
2
Negative results in Mar 26
- ROCE(HY) Lowest at 3.8%
- INTEREST COVERAGE RATIO(Q) Lowest at 4,888.1
- CASH AND EQV(HY) Lowest at JPY 21,819 MM
3
Underperformed the market in the last 1 year
- The stock has generated a return of 4.07% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 85.83%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in FMCG)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Prima Meat Packers, Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Prima Meat Packers, Ltd.
4.07%
-0.09
23.95%
Japan Nikkei 225
85.83%
3.09
27.80%
Quality key factors
Factor
Value
Sales Growth (5y)
1.77%
EBIT Growth (5y)
-16.33%
EBIT to Interest (avg)
85.00
Debt to EBITDA (avg)
0.19
Net Debt to Equity (avg)
0.07
Sales to Capital Employed (avg)
3.22
Tax Ratio
34.69%
Dividend Payout Ratio
56.82%
Pledged Shares
0
Institutional Holding
0.03%
ROCE (avg)
11.90%
ROE (avg)
9.12%
Valuation Key Factors 
Factor
Value
P/E Ratio
26
Industry P/E
Price to Book Value
1.14
EV to EBIT
16.86
EV to EBITDA
7.19
EV to Capital Employed
1.13
EV to Sales
0.31
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
6.72%
ROE (Latest)
4.36%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Movement
2What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -4.87% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 9.74 times
-18What is not working for the Company
ROCE(HY)
Lowest at 3.8%
INTEREST COVERAGE RATIO(Q)
Lowest at 4,888.1
CASH AND EQV(HY)
Lowest at JPY 21,819 MM
INTEREST(Q)
Highest at JPY 84 MM
NET PROFIT(Q)
Lowest at JPY 1,343 MM
EPS(Q)
Lowest at JPY -16.71
Here's what is working for Prima Meat Packers, Ltd.
Debtors Turnover Ratio
Highest at 9.74 times
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 -4.87% (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
Depreciation
Highest at JPY 3,075 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (JPY MM)
Here's what is not working for Prima Meat Packers, Ltd.
Interest
At JPY 84 MM has Grown at 86.67%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest Coverage Ratio
Lowest at 4,888.1
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest
Highest at JPY 84 MM
in the last five periods and Increased by 86.67% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Net Profit
Lowest at JPY 1,343 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (JPY MM)
EPS
Lowest at JPY -16.71
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (JPY)
Cash and Eqv
Lowest at JPY 21,819 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






