ScoreWhy is Ray Corp. ?
1
Company has very low debt and has enough cash to service the debt requirements
2
With a growth in Net Profit of 87.82%, the company declared Outstanding results in Nov 25
- ROCE(HY) Highest at 19.21%
- INTEREST COVERAGE RATIO(Q) Highest at 54,548
- RAW MATERIAL COST(Y) Fallen by -8.06% (YoY)
3
With ROE of 11.05%, it has a very attractive valuation with a 0.99 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 49.88%, its profits have fallen by -17.7%
4
Market Beating Performance
- The stock has generated a return of 49.88% in the last 1 year, much higher than market (Japan Nikkei 225) returns of 36.73%
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Ray Corp. should be less than 10%
- Overall Portfolio exposure to Media & Entertainment should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Media & Entertainment)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Ray Corp. for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Ray Corp.
-100.0%
1.62
29.71%
Japan Nikkei 225
38.94%
1.30
28.24%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
-2.59%
EBIT Growth (5y)
-1.50%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.32
Sales to Capital Employed (avg)
1.55
Tax Ratio
28.98%
Dividend Payout Ratio
27.73%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
25.17%
ROE (avg)
8.59%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
0.99
EV to EBIT
4.71
EV to EBITDA
3.05
EV to Capital Employed
0.98
EV to Sales
0.43
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
20.87%
ROE (Latest)
11.05%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bullish
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend28What is working for the Company
ROCE(HY)
Highest at 19.21%
INTEREST COVERAGE RATIO(Q)
Highest at 54,548
RAW MATERIAL COST(Y)
Fallen by -8.06% (YoY
NET SALES(Q)
Highest at JPY 4,289.54 MM
OPERATING PROFIT(Q)
Highest at JPY 887.5 MM
OPERATING PROFIT MARGIN(Q)
Highest at 20.69 %
PRE-TAX PROFIT(Q)
Highest at JPY 734.19 MM
NET PROFIT(Q)
Highest at JPY 476.02 MM
EPS(Q)
Highest at JPY 36.18
-9What is not working for the Company
INTEREST(HY)
At JPY 3.5 MM has Grown at 17.24%
CASH AND EQV(HY)
Lowest at JPY 4,837.03 MM
DEBT-EQUITY RATIO
(HY)
Highest at -19.59 %
Here's what is working for Ray Corp.
Net Sales
At JPY 4,289.54 MM has Grown at 50.05%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (JPY MM)
Interest Coverage Ratio
Highest at 54,548
in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales
Highest at JPY 4,289.54 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Operating Profit
Highest at JPY 887.5 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (JPY MM)
Operating Profit Margin
Highest at 20.69 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at JPY 734.19 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Pre-Tax Profit
At JPY 734.19 MM has Grown at 107.37%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Net Profit
Highest at JPY 476.02 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Net Profit
At JPY 476.02 MM has Grown at 87.82%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
EPS
Highest at JPY 36.18
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (JPY)
Raw Material Cost
Fallen by -8.06% (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 173.28 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 Ray Corp.
Interest
At JPY 3.5 MM has Grown at 17.24%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Cash and Eqv
Lowest at JPY 4,837.03 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debt-Equity Ratio
Highest at -19.59 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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