Why is Shirai Electronics Industrial Co., Ltd. ?
1
High Management Efficiency with a high ROCE of 15.79%
2
The company is Net-Debt Free
- Poor long term growth as Net Sales has grown by an annual rate of 5.64% over the last 5 years
- The company is Net-Debt Free
3
Healthy long term growth as Operating profit has grown by an annual rate 77.78%
4
The company declared negative results in Mar'26 after flat results in Dec'25
- ROCE(HY) Lowest at 12.54%
- RAW MATERIAL COST(Y) Grown by 17.49% (YoY)
- CASH AND EQV(HY) Lowest at JPY 2,301 MM
5
With ROCE of 20.55%, it has a very attractive valuation with a 1.12 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 -19.50%, its profits have risen by 13.9% ; the PEG ratio of the company is 0.5
6
Below par performance in long term as well as near term
- Along with generating -19.50% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Shirai Electronics Industrial 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 Shirai Electronics Industrial Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Shirai Electronics Industrial Co., Ltd.
-19.5%
-0.93
34.74%
Japan Nikkei 225
75.22%
3.09
27.80%
Quality key factors
Factor
Value
Sales Growth (5y)
5.64%
EBIT Growth (5y)
77.78%
EBIT to Interest (avg)
10.05
Debt to EBITDA (avg)
2.82
Net Debt to Equity (avg)
0.20
Sales to Capital Employed (avg)
2.17
Tax Ratio
17.59%
Dividend Payout Ratio
21.81%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
15.79%
ROE (avg)
21.97%
Valuation Key Factors 
Factor
Value
P/E Ratio
6
Industry P/E
Price to Book Value
1.14
EV to EBIT
5.46
EV to EBITDA
3.99
EV to Capital Employed
1.12
EV to Sales
0.44
PEG Ratio
0.45
Dividend Yield
NA
ROCE (Latest)
20.55%
ROE (Latest)
18.19%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Movement
4What is working for the Company
DIVIDEND PER SHARE(HY)
Highest at JPY 4.79
DIVIDEND PAYOUT RATIO(Y)
Highest at 410.04%
DEBT-EQUITY RATIO
(HY)
Lowest at 11.04 %
-21What is not working for the Company
ROCE(HY)
Lowest at 12.54%
RAW MATERIAL COST(Y)
Grown by 17.49% (YoY
CASH AND EQV(HY)
Lowest at JPY 2,301 MM
OPERATING PROFIT(Q)
Lowest at JPY 589 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 7.49 %
PRE-TAX PROFIT(Q)
Lowest at JPY 201 MM
NET PROFIT(Q)
Lowest at JPY 129 MM
EPS(Q)
Lowest at JPY 8.54
Here's what is working for Shirai Electronics Industrial Co., Ltd.
Dividend per share
Highest at JPY 4.79 and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Debt-Equity Ratio
Lowest at 11.04 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Dividend Payout Ratio
Highest at 410.04%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Depreciation
Highest at JPY 254 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (JPY MM)
Here's what is not working for Shirai Electronics Industrial Co., Ltd.
Pre-Tax Profit
At JPY 201 MM has Fallen at -65.03%
over average net sales of the previous four periods of JPY 574.75 MMMOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 129 MM has Fallen at -72.44%
over average net sales of the previous four periods of JPY 468.12 MMMOJO Watch
Near term Net Profit trend is very negative
Net Profit (JPY MM)
Operating Profit
Lowest at JPY 589 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (JPY MM)
Operating Profit Margin
Lowest at 7.49 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Pre-Tax Profit
Lowest at JPY 201 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (JPY MM)
Net Profit
Lowest at JPY 129 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (JPY MM)
EPS
Lowest at JPY 8.54
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (JPY)
Cash and Eqv
Lowest at JPY 2,301 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Raw Material Cost
Grown by 17.49% (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






