Shinden Hightex Corp.

  • Market Cap: Micro Cap
  • Industry: Other Electrical Equipment
  • ISIN: JP3377850007
JPY
4,455.00
-260 (-5.51%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
TESEC Corp.
Torex Semiconductor Ltd.
Axell Corp.
AOI Electronics Co., Ltd.
JAPAN ELECTRONIC MATERIALS CORP.
Shinden Hightex Corp.
QD Laser, Inc.
Jet Co., Ltd.
Digital Media Professionals Inc.
THine Electronics, Inc.
Takatori Corp.

Why is Shinden Hightex Corp. ?

1
The company is Net-Debt Free
  • Poor long term growth as Net Sales has grown by an annual rate of -2.53% over the last 5 years
  • The company is Net-Debt Free
2
Poor long term growth as Net Sales has grown by an annual rate of -2.53% over the last 5 years
3
The company has declared Negative results for the last 3 consecutive quarters
  • NET PROFIT(HY) At JPY 179.41 MM has Grown at -48.92%
  • RAW MATERIAL COST(Y) Grown by 27.59% (YoY)
  • DEBT-EQUITY RATIO (HY) Highest at 61.32 %
4
With ROCE of 13.33%, it has a very attractive valuation with a 0.99 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 60.81%, its profits have risen by 49.2% ; the PEG ratio of the company is 0.3
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Shinden Hightex Corp. should be less than 10%
  2. Overall Portfolio exposure to Other Electrical Equipment should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Electrical Equipment)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Shinden Hightex Corp. for you?

High Risk, Medium Return

Absolute
Risk Adjusted
Volatility
Shinden Hightex Corp.
53.51%
1.12
51.76%
Japan Nikkei 225
59.79%
2.06
29.57%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
-2.53%
EBIT Growth (5y)
12.76%
EBIT to Interest (avg)
6.50
Debt to EBITDA (avg)
2.07
Net Debt to Equity (avg)
-0.08
Sales to Capital Employed (avg)
2.85
Tax Ratio
35.22%
Dividend Payout Ratio
69.63%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
16.05%
ROE (avg)
9.21%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
13
Industry P/E
Price to Book Value
0.99
EV to EBIT
7.43
EV to EBITDA
7.35
EV to Capital Employed
0.99
EV to Sales
0.23
PEG Ratio
0.27
Dividend Yield
NA
ROCE (Latest)
13.33%
ROE (Latest)
7.37%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bullish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

2What is working for the Company
NET SALES(Q)

Highest at JPY 12,363.35 MM

-16What is not working for the Company
NET PROFIT(HY)

At JPY 179.41 MM has Grown at -48.92%

RAW MATERIAL COST(Y)

Grown by 27.59% (YoY

DEBT-EQUITY RATIO (HY)

Highest at 61.32 %

DEBTORS TURNOVER RATIO(HY)

Lowest at 5.52 times

INTEREST(Q)

Highest at JPY 94.47 MM

PRE-TAX PROFIT(Q)

At JPY 145.98 MM has Fallen at -28.04%

Here's what is working for Shinden Hightex Corp.

Net Sales
Highest at JPY 12,363.35 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (JPY MM)

Net Sales
At JPY 12,363.35 MM has Grown at 18.9%
over average net sales of the previous four periods of JPY 10,397.94 MM
MOJO Watch
Near term sales trend is positive

Net Sales (JPY MM)

Here's what is not working for Shinden Hightex Corp.

Net Profit
At JPY 179.41 MM has Grown at -48.92%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (JPY MM)

Interest
At JPY 94.47 MM has Grown at 19.12%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Interest
Highest at JPY 94.47 MM
in the last five periods and Increased by 19.12% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Pre-Tax Profit
At JPY 145.98 MM has Fallen at -28.04%
over average net sales of the previous four periods of JPY 202.88 MM
MOJO Watch
Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (JPY MM)

Debt-Equity Ratio
Highest at 61.32 %
in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Debtors Turnover Ratio
Lowest at 5.52 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Raw Material Cost
Grown by 27.59% (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