Why is Succeed Co., Ltd. (Tokyo) ?
1
High Management Efficiency with a high ROE of 11.22%
2
Company has very low debt and has enough cash to service the debt requirements
3
Healthy long term growth as Net Sales has grown by an annual rate of 410.61% and Operating profit at 99.85%
- INTEREST(9M) At JPY 0.02 MM has Grown at inf%
- DEBT-EQUITY RATIO (HY) Highest at -96.63 %
- DEBTORS TURNOVER RATIO(HY) Lowest at 12.43%
4
With ROE of 10.75%, it has a very attractive valuation with a 1.21 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 4.60%, its profits have risen by 16.5% ; the PEG ratio of the company is 0.8
5
Underperformed the market in the last 1 year
- The stock has generated a return of 4.60% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 27.57%
How much should you hold?
- Overall Portfolio exposure to Succeed Co., Ltd. (Tokyo) should be less than 10%
- Overall Portfolio exposure to Software Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Succeed Co., Ltd. (Tokyo) for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Succeed Co., Ltd. (Tokyo)
4.6%
-0.63
24.85%
Japan Nikkei 225
27.57%
1.07
25.74%
Quality key factors
Factor
Value
Sales Growth (5y)
410.61%
EBIT Growth (5y)
99.85%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.45
Tax Ratio
31.72%
Dividend Payout Ratio
22.03%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
719.70%
ROE (avg)
11.22%
Valuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
Price to Book Value
1.21
EV to EBIT
1.50
EV to EBITDA
1.45
EV to Capital Employed
10.83
EV to Sales
0.17
PEG Ratio
0.79
Dividend Yield
NA
ROCE (Latest)
719.70%
ROE (Latest)
10.75%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
Mildly Bearish
Technical Movement
8What is working for the Company
RAW MATERIAL COST(Y)
Fallen by 1.57% (YoY
INVENTORY TURNOVER RATIO(HY)
Highest at 1,167,939.6%
NET SALES(Q)
Highest at JPY 1,016.44 MM
OPERATING PROFIT(Q)
Highest at JPY 164.88 MM
PRE-TAX PROFIT(Q)
Highest at JPY 158.96 MM
NET PROFIT(Q)
Highest at JPY 109.67 MM
EPS(Q)
Highest at JPY 30.58
-6What is not working for the Company
INTEREST(9M)
At JPY 0.02 MM has Grown at inf%
DEBT-EQUITY RATIO
(HY)
Highest at -96.63 %
DEBTORS TURNOVER RATIO(HY)
Lowest at 12.43%
Here's what is working for Succeed Co., Ltd. (Tokyo)
Net Sales
Highest at JPY 1,016.44 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Operating Profit
Highest at JPY 164.88 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (JPY MM)
Pre-Tax Profit
Highest at JPY 158.96 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Net Profit
Highest at JPY 109.67 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
EPS
Highest at JPY 30.58
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (JPY)
Inventory Turnover Ratio
Highest at 1,167,939.6%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Raw Material Cost
Fallen by 1.57% (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 5.94 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (JPY MM)
Depreciation
At JPY 5.94 MM has Grown at 40.59%
period on period (QoQ)MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales
Depreciation (JPY MM)
Here's what is not working for Succeed Co., Ltd. (Tokyo)
Interest
At JPY 0.02 MM has Grown at inf%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Debt-Equity Ratio
Highest at -96.63 %
in the last five Semi-Annual periodsMOJO 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 12.43%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






