Comparison
Why is Toho Acetylene Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 0.73% and Operating profit at 4.68% over the last 5 years
2
With a fall in Net Sales of -11.36%, the company declared Very Negative results in Jun 25
- The company has declared negative results for the last 3 consecutive quarters
- INTEREST COVERAGE RATIO(Q) Lowest at 4,499.01
- INTEREST(Q) Highest at JPY 13.66 MM
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -2.72% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Specialty Chemicals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Toho Acetylene Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Toho Acetylene Co., Ltd.
-2.47%
-0.17
21.10%
Japan Nikkei 225
28.54%
1.14
25.81%
Quality key factors
Factor
Value
Sales Growth (5y)
0.73%
EBIT Growth (5y)
4.68%
EBIT to Interest (avg)
47.18
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.33
Sales to Capital Employed (avg)
1.68
Tax Ratio
33.99%
Dividend Payout Ratio
37.81%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
13.69%
ROE (avg)
6.90%
Valuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
0.68
EV to EBIT
3.33
EV to EBITDA
2.46
EV to Capital Employed
0.52
EV to Sales
0.18
PEG Ratio
NA
Dividend Yield
0.03%
ROCE (Latest)
15.58%
ROE (Latest)
7.51%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
Technical Movement
2What is working for the Company
RAW MATERIAL COST(Y)
Fallen by 1.08% (YoY
CASH AND EQV(HY)
Highest at JPY 18,382.93 MM
-13What is not working for the Company
INTEREST COVERAGE RATIO(Q)
Lowest at 4,499.01
INTEREST(Q)
Highest at JPY 13.66 MM
Here's what is working for Toho Acetylene Co., Ltd.
Cash and Eqv
Highest at JPY 18,382.93 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by 1.08% (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 Toho Acetylene Co., Ltd.
Interest
At JPY 13.66 MM has Grown at 11.43%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest Coverage Ratio
Lowest at 4,499.01
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest
Highest at JPY 13.66 MM
in the last five periods and Increased by 11.43% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Non Operating Income
Highest at JPY 0.14 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






