Shindengen Electric Manufacturing Co. Ltd.

  • Market Cap: Small Cap
  • Industry: Electronics & Appliances
  • ISIN: JP3377800002
JPY
3,705.00
-95 (-2.5%)
  • 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
Kanematsu Corp.
Nihon Dempa Kogyo Co., Ltd.
Shindengen Electric Manufacturing Co. Ltd.
Sumida Corp.
Kohoku Kogyo Co. Ltd.
SAMCO, Inc.
Koa Corp.
Canon Electronics, Inc.
Mimasu Semiconductor Industry Co., Ltd.
Alps Alpine Co., Ltd.
Cosel Co., Ltd.

Why is Shindengen Electric Manufacturing Co. Ltd. ?

1
With a growth in Operating Profit of 293.69%, the company declared Very Positive results in Mar 26
  • The company has declared positive results for the last 4 consecutive quarters
  • ROCE(HY) Highest at 8.15%
  • PRE-TAX PROFIT(Q) At JPY 547 MM has Grown at 160.04%
  • NET PROFIT(Q) At JPY 598 MM has Grown at 180.16%
2
With ROCE of 3.09%, it has a very attractive valuation with a 0.55 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 40.55%, its profits have risen by 3166%
  • At the current price, the company has a high dividend yield of 0
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Shindengen Electric Manufacturing Co. Ltd. should be less than 10%
  2. 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 Shindengen Electric Manufacturing Co. Ltd. for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Shindengen Electric Manufacturing Co. Ltd.
40.55%
0.42
55.01%
Japan Nikkei 225
59.79%
2.03
29.50%
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)
6.65%
EBIT Growth (5y)
29.44%
EBIT to Interest (avg)
9.69
Debt to EBITDA (avg)
1.83
Net Debt to Equity (avg)
0.29
Sales to Capital Employed (avg)
0.96
Tax Ratio
15.94%
Dividend Payout Ratio
18.22%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.84%
ROE (avg)
2.72%
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
7
Industry P/E
Price to Book Value
0.48
EV to EBIT
17.84
EV to EBITDA
5.64
EV to Capital Employed
0.55
EV to Sales
0.40
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
3.09%
ROE (Latest)
6.99%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
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

22What is working for the Company
ROCE(HY)

Highest at 8.15%

PRE-TAX PROFIT(Q)

At JPY 547 MM has Grown at 160.04%

NET PROFIT(Q)

At JPY 598 MM has Grown at 180.16%

DIVIDEND PAYOUT RATIO(Y)

Highest at 3,181.57%

RAW MATERIAL COST(Y)

Fallen by -39.94% (YoY

CASH AND EQV(HY)

Highest at JPY 63,620 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 2.49 times

NET SALES(Q)

Highest at JPY 30,029 MM

-8What is not working for the Company
INTEREST(HY)

At JPY 323 MM has Grown at 55.29%

Here's what is working for Shindengen Electric Manufacturing Co. Ltd.

Pre-Tax Profit
At JPY 547 MM has Grown at 160.04%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (JPY MM)

Net Profit
At JPY 598 MM has Grown at 180.16%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (JPY MM)

Net Sales
Highest at JPY 30,029 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (JPY MM)

Cash and Eqv
Highest at JPY 63,620 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio
Highest at 2.49 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Dividend Payout Ratio
Highest at 3,181.57%
in the last five years
MOJO Watch
Company is distributing higher proportion of profits generated as dividend

DPR (%)

Raw Material Cost
Fallen by -39.94% (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

Depreciation
Highest at JPY 1,607 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (JPY MM)

Here's what is not working for Shindengen Electric Manufacturing Co. Ltd.

Interest
At JPY 323 MM has Grown at 55.29%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)