Why is Sanshin Electronics Co., Ltd. ?
1
High Management Efficiency with a high ROCE of 9.71%
2
Healthy long term growth as Operating profit has grown by an annual rate 24.21%
3
With a growth in Operating Profit of 8.15%, the company declared Very Positive results in Jun 25
- NET SALES(HY) At JPY 82,708 MM has Grown at 23.81%
- ROCE(HY) Highest at 9.89%
- PRE-TAX PROFIT(Q) Highest at JPY 1,797 MM
4
With ROCE of 10.47%, it has a very attractive valuation with a 0.93 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 59.73%, its profits have risen by 26.9% ; the PEG ratio of the company is 0.4
- At the current price, the company has a high dividend yield of 0
5
Market Beating Performance
- The stock has generated a return of 59.73% in the last 1 year, much higher than market (Japan Nikkei 225) returns of 28.54%
How much should you buy?
- Overall Portfolio exposure to Sanshin Electronics Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Sanshin Electronics Co., Ltd. for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Sanshin Electronics Co., Ltd.
59.73%
1.50
27.21%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality key factors
Factor
Value
Sales Growth (5y)
5.03%
EBIT Growth (5y)
24.21%
EBIT to Interest (avg)
17.54
Debt to EBITDA (avg)
2.17
Net Debt to Equity (avg)
0.37
Sales to Capital Employed (avg)
2.37
Tax Ratio
28.80%
Dividend Payout Ratio
46.84%
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
9.71%
ROE (avg)
7.94%
Valuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
Price to Book Value
0.91
EV to EBIT
8.93
EV to EBITDA
8.46
EV to Capital Employed
0.93
EV to Sales
0.33
PEG Ratio
0.39
Dividend Yield
0.02%
ROCE (Latest)
10.47%
ROE (Latest)
8.67%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Bullish
Bullish
Technical Movement
14What is working for the Company
NET SALES(HY)
At JPY 82,708 MM has Grown at 23.81%
ROCE(HY)
Highest at 9.89%
PRE-TAX PROFIT(Q)
Highest at JPY 1,797 MM
NET PROFIT(9M)
Higher at JPY 3,251.63 MM
DEBT-EQUITY RATIO
(HY)
Lowest at 29.42 %
INVENTORY TURNOVER RATIO(HY)
Highest at 6.15%
DEBTORS TURNOVER RATIO(HY)
Highest at 4.19%
-3What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 17.4% (YoY
OPERATING PROFIT(Q)
Lowest at JPY 1,004 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 2.49 %
Here's what is working for Sanshin Electronics Co., Ltd.
Pre-Tax Profit
Highest at JPY 1,797 MM and Grown
In each period in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (JPY MM)
Net Sales
At JPY 82,708 MM has Grown at 23.81%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Net Profit
At JPY 3,251.63 MM has Grown at 62.85%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Debt-Equity Ratio
Lowest at 29.42 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 6.15%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 4.19%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Net Profit
Higher at JPY 3,251.63 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)
Here's what is not working for Sanshin Electronics Co., Ltd.
Operating Profit
Lowest at JPY 1,004 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (JPY MM)
Operating Profit Margin
Lowest at 2.49 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Raw Material Cost
Grown by 17.4% (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






