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 -0.24% over the last 5 years
- The company is Net-Debt Free
2
Strong Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 15.83%
3
The company declared positive results in Mar'25 after negative results in Dec'24
- RAW MATERIAL COST(Y) Fallen by -30.49% (YoY)
4
With ROCE of 20.83%, it has a very attractive valuation with a 0.71 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 42.77%, its profits have risen by 95.3% ; 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 42.77% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 70.43%
How much should you hold?
- Overall Portfolio exposure to Shinden Hightex Corp. should be less than 10%
- 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?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Shinden Hightex Corp.
42.77%
-0.19
42.87%
Japan Nikkei 225
70.43%
2.85
24.71%
Quality key factors
Factor
Value
Sales Growth (5y)
-0.24%
EBIT Growth (5y)
23.28%
EBIT to Interest (avg)
7.45
Debt to EBITDA (avg)
2.37
Net Debt to Equity (avg)
-0.08
Sales to Capital Employed (avg)
2.91
Tax Ratio
30.86%
Dividend Payout Ratio
37.56%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
15.83%
ROE (avg)
9.21%
Valuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
0.74
EV to EBIT
3.43
EV to EBITDA
3.39
EV to Capital Employed
0.71
EV to Sales
0.11
PEG Ratio
0.09
Dividend Yield
NA
ROCE (Latest)
20.83%
ROE (Latest)
8.61%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Sideways
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
Mildly Bearish
Technical Movement
1What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -30.49% (YoY
-11What is not working for the Company
NET SALES(HY)
At JPY 20,685.89 MM has Grown at -10.36%
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.74 times
PRE-TAX PROFIT(Q)
At JPY 123.82 MM has Fallen at -36.61%
NET PROFIT(Q)
At JPY 80.11 MM has Fallen at -38.82%
Here's what is working for Shinden Hightex Corp.
Raw Material Cost
Fallen by -30.49% (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
Here's what is not working for Shinden Hightex Corp.
Net Sales
At JPY 20,685.89 MM has Grown at -10.36%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (JPY MM)
Pre-Tax Profit
At JPY 123.82 MM has Fallen at -36.61%
over average net sales of the previous four periods of JPY 195.34 MMMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 80.11 MM has Fallen at -38.82%
over average net sales of the previous four periods of JPY 130.95 MMMOJO Watch
Near term Net Profit trend is negative
Net Profit (JPY MM)
Debtors Turnover Ratio
Lowest at 4.74 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






