Why is Shin Nippon Air Technologies Co., Ltd. ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 10.85%
- Healthy long term growth as Operating profit has grown by an annual rate 13.42%
- Company has very low debt and has enough cash to service the debt requirements
2
The company has declared Positive results for the last 5 consecutive quarters
- DEBT-EQUITY RATIO (HY) Lowest at -29.66 %
- DIVIDEND PER SHARE(HY) Highest at JPY 2.35
- RAW MATERIAL COST(Y) Fallen by 1.49% (YoY)
3
With ROE of 16.87%, it has a very attractive valuation with a 2.20 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 17.42%, its profits have risen by 84.8%
- At the current price, the company has a high dividend yield of 0
How much should you buy?
- Overall Portfolio exposure to Shin Nippon Air Technologies Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Construction should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Construction)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Shin Nippon Air Technologies Co., Ltd. for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Shin Nippon Air Technologies Co., Ltd.
3.99%
1.46
43.09%
Japan Nikkei 225
59.79%
2.06
29.57%
Quality key factors
Factor
Value
Sales Growth (5y)
6.66%
EBIT Growth (5y)
13.42%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.24
Sales to Capital Employed (avg)
1.90
Tax Ratio
27.98%
Dividend Payout Ratio
41.08%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
19.62%
ROE (avg)
10.85%
Valuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
Price to Book Value
2.20
EV to EBIT
10.02
EV to EBITDA
9.57
EV to Capital Employed
2.58
EV to Sales
0.97
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
25.79%
ROE (Latest)
16.87%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
Technical Movement
10What is working for the Company
DEBT-EQUITY RATIO
(HY)
Lowest at -29.66 %
DIVIDEND PER SHARE(HY)
Highest at JPY 2.35
RAW MATERIAL COST(Y)
Fallen by 1.49% (YoY
NET PROFIT(9M)
Higher at JPY 10,651.04 MM
CASH AND EQV(HY)
Highest at JPY 48,378 MM
NET SALES(Q)
Highest at JPY 50,210 MM
OPERATING PROFIT(Q)
Highest at JPY 6,463 MM
OPERATING PROFIT MARGIN(Q)
Highest at 12.87 %
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Shin Nippon Air Technologies Co., Ltd.
Debt-Equity Ratio
Lowest at -29.66 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Dividend per share
Highest at JPY 2.35 and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Net Sales
Highest at JPY 50,210 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Operating Profit
Highest at JPY 6,463 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (JPY MM)
Operating Profit Margin
Highest at 12.87 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Cash and Eqv
Highest at JPY 48,378 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Net Profit
Higher at JPY 10,651.04 MM
than preceding 12 month period ended Mar 2026MOJO 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 1.49% (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






