TOKYO OHKA KOGYO CO., LTD.

  • Market Cap: Large Cap
  • Industry: Electronics & Appliances
  • ISIN: JP3571800006
JPY
11,415.00
290 (2.61%)
  • 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
Sumitomo Electric Industries Ltd.
Fujikura Ltd.
Mitsubishi Electric Corp.
MARUWA CO., LTD.
Mabuchi Motor Co., Ltd.
Fuji Electric Co., Ltd.
TOKYO OHKA KOGYO CO., LTD.
NGK Insulators, Ltd.
GS Yuasa Corp.
NIDEC Corp.
Tokai Carbon Co., Ltd.

Why is TOKYO OHKA KOGYO CO., LTD. ?

1
Company has very low debt and has enough cash to service the debt requirements
2
Healthy long term growth as Operating profit has grown by an annual rate 25.20%
3
With a growth in Net Sales of 4.4%, the company declared Very Positive results in Mar 26
  • ROCE(HY) Highest at 17.34%
  • NET SALES(Q) Highest at JPY 67,077 MM
  • PRE-TAX PROFIT(Q) Highest at JPY 16,508 MM
4
With ROE of 16.94%, it has a attractive valuation with a 4.85 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 184.81%, its profits have risen by 42.7% ; the PEG ratio of the company is 0.7
  • At the current price, the company has a high dividend yield of 0
5
Market Beating Performance
  • The stock has generated a return of 184.81% in the last 1 year, much higher than market (Japan Nikkei 225) returns of 85.12%
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to TOKYO OHKA KOGYO 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 TOKYO OHKA KOGYO CO., LTD. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
TOKYO OHKA KOGYO CO., LTD.
184.81%
3.34
51.09%
Japan Nikkei 225
88.41%
3.12
27.27%
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)
15.05%
EBIT Growth (5y)
25.20%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.21
Sales to Capital Employed (avg)
0.93
Tax Ratio
21.79%
Dividend Payout Ratio
25.86%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
20.66%
ROE (avg)
11.95%
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
29
Industry P/E
Price to Book Value
4.85
EV to EBIT
22.38
EV to EBITDA
18.87
EV to Capital Employed
5.79
EV to Sales
4.47
PEG Ratio
0.67
Dividend Yield
0.00%
ROCE (Latest)
25.86%
ROE (Latest)
16.94%
stock-recommendationTechnicals

Technical key factors

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

21What is working for the Company
ROCE(HY)

Highest at 17.34%

NET SALES(Q)

Highest at JPY 67,077 MM

PRE-TAX PROFIT(Q)

Highest at JPY 16,508 MM

NET PROFIT(Q)

Highest at JPY 11,613.65 MM

RAW MATERIAL COST(Y)

Fallen by -7.13% (YoY

CASH AND EQV(HY)

Highest at JPY 135,327 MM

EPS(Q)

Highest at JPY 97.74

-15What is not working for the Company
DEBT-EQUITY RATIO (HY)

Highest at -16.08 %

INTEREST COVERAGE RATIO(Q)

Lowest at 19,902.25

INTEREST(Q)

Highest at JPY 89 MM

Here's what is working for TOKYO OHKA KOGYO CO., LTD.

Net Sales
Highest at JPY 67,077 MM and Grown
In each period in the last five periods
MOJO Watch
Near term sales trend is very positive

Net Sales (JPY MM)

Pre-Tax Profit
Highest at JPY 16,508 MM and Grown
In each period in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (JPY MM)

Net Profit
Highest at JPY 11,613.65 MM and Grown
In each period in the last five periods
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (JPY MM)

Net Sales
At JPY 67,077 MM has Grown at 13.2%
over average net sales of the previous four periods of JPY 59,257.25 MM
MOJO Watch
Near term sales trend is positive

Net Sales (JPY MM)

EPS
Highest at JPY 97.74
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (JPY)

Cash and Eqv
Highest at JPY 135,327 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Raw Material Cost
Fallen by -7.13% (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 2,639 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 TOKYO OHKA KOGYO CO., LTD.

Interest
At JPY 89 MM has Grown at 58.93%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Interest Coverage Ratio
Lowest at 19,902.25
in the last five periods
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Debt-Equity Ratio
Highest at -16.08 % and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Interest
Highest at JPY 89 MM
in the last five periods and Increased by 58.93% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)