ScoreWhy is Ray Corp. ?
1
Weak Long Term Fundamental Strength with a 13.75% CAGR growth in Net Sales over the last 5 years
2
Poor long term growth as Net Sales has grown by an annual rate of 13.75% over the last 5 years
3
Flat results in May 26
- INTEREST(Q) At JPY 1.88 MM has Grown at 15.21%
- RAW MATERIAL COST(Y) Grown by 16.02% (YoY)
4
With ROE of 16.77%, it has a attractive valuation with a 0.83 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 4.26%, its profits have risen by 73.7% ; the PEG ratio of the company is 0.1
5
Underperformed the market in the last 1 year
- The stock has generated a return of 4.26% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 59.79%
Real-Time Research ReportHow much should you hold?
- 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, Low Return
Absolute
Risk Adjusted
Volatility
Ray Corp.
4.84%
1.01
29.99%
Japan Nikkei 225
60.14%
2.04
29.37%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
13.75%
EBIT Growth (5y)
35.08%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.34
Sales to Capital Employed (avg)
1.56
Tax Ratio
31.68%
Dividend Payout Ratio
20.29%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
31.85%
ROE (avg)
10.21%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
5
Industry P/E
Price to Book Value
0.83
EV to EBIT
2.16
EV to EBITDA
1.56
EV to Capital Employed
0.74
EV to Sales
0.28
PEG Ratio
0.07
Dividend Yield
NA
ROCE (Latest)
34.14%
ROE (Latest)
16.77%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend4What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 8.82 times
NET SALES(Q)
At JPY 3,780.61 MM has Grown at 17.49%
-3What is not working for the Company
INTEREST(Q)
At JPY 1.88 MM has Grown at 15.21%
RAW MATERIAL COST(Y)
Grown by 16.02% (YoY
Here's what is working for Ray Corp.
Net Sales
At JPY 3,780.61 MM has Grown at 17.49%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Debtors Turnover Ratio
Highest at 8.82 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Ray Corp.
Interest
At JPY 1.88 MM has Grown at 15.21%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Raw Material Cost
Grown by 16.02% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
