Why is Tomen Devices Corp. ?
1
High Management Efficiency with a high ROCE of 19.61%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 82.84
3
Healthy long term growth as Net Sales has grown by an annual rate of 10.12% and Operating profit at 17.57%
4
With a growth in Net Sales of 7.5%, the company declared Outstanding results in Dec 25
- The company has declared positive results in Jan 70 after 2 consecutive negative quarters
- ROCE(HY) Highest at 15.47%
- RAW MATERIAL COST(Y) Fallen by -17.96% (YoY)
- NET SALES(Q) Highest at JPY 151,258 MM
5
With ROCE of 17.57%, it has a very attractive valuation with a 0.81 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 106.48%, its profits have fallen by -7.2%
How much should you buy?
- Overall Portfolio exposure to Tomen Devices Corp. 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 Tomen Devices Corp. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Tomen Devices Corp.
106.48%
1.49
53.09%
Japan Nikkei 225
38.94%
1.30
28.24%
Quality key factors
Factor
Value
Sales Growth (5y)
10.12%
EBIT Growth (5y)
17.57%
EBIT to Interest (avg)
82.84
Debt to EBITDA (avg)
0.56
Net Debt to Equity (avg)
0.17
Sales to Capital Employed (avg)
4.79
Tax Ratio
25.33%
Dividend Payout Ratio
36.51%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
20.13%
ROE (avg)
12.77%
Valuation Key Factors 
Factor
Value
P/E Ratio
7
Industry P/E
Price to Book Value
0.78
EV to EBIT
4.60
EV to EBITDA
4.50
EV to Capital Employed
0.81
EV to Sales
0.11
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
17.57%
ROE (Latest)
11.09%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
Technical Movement
21What is working for the Company
ROCE(HY)
Highest at 15.47%
RAW MATERIAL COST(Y)
Fallen by -17.96% (YoY
NET SALES(Q)
Highest at JPY 151,258 MM
PRE-TAX PROFIT(Q)
At JPY 3,408 MM has Grown at 54.52%
NET PROFIT(Q)
At JPY 2,563 MM has Grown at 63.17%
-4What is not working for the Company
DEBT-EQUITY RATIO
(HY)
Highest at 103.33 %
INTEREST(Q)
Highest at JPY 552 MM
Here's what is working for Tomen Devices Corp.
Net Sales
At JPY 151,258 MM has Grown at 32.26%
over average net sales of the previous four periods of JPY 114,364 MMMOJO Watch
Near term sales trend is very positive
Net Sales (JPY MM)
Net Sales
Highest at JPY 151,258 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Pre-Tax Profit
At JPY 3,408 MM has Grown at 54.52%
over average net sales of the previous four periods of JPY 2,205.5 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 2,563 MM has Grown at 63.17%
over average net sales of the previous four periods of JPY 1,570.76 MMMOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Raw Material Cost
Fallen by -17.96% (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 Tomen Devices Corp.
Interest
Highest at JPY 552 MM
in the last five periods and Increased by 8.45% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Debt-Equity Ratio
Highest at 103.33 %
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






