Tomen Devices Corp.

  • Market Cap: Small Cap
  • Industry: Electronics & Appliances
  • ISIN: JP3553900006
JPY
29,370.00
570 (1.98%)
  • 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
Daitron Co., Ltd.
Tomen Devices Corp.
Sun-Wa Technos Corp.
Ryoden Corp.
Sanshin Electronics Co., Ltd.
Satori Electric Co., Ltd.
Tokyo Electron Device Ltd.
Shinko Shoji Co., Ltd.
T-Gaia Corp.
Ryoyo Electro Corp.
Elematec Corp.

Why is Tomen Devices Corp. ?

1
Strong Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 20.13%
  • Healthy long term growth as Net Sales has grown by an annual rate of 11.79% and Operating profit at 28.63%
  • Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 82.84
2
With a growth in Operating Profit of 475.85%, the company declared Outstanding results in Jun 26
  • The company has declared positive results for the last 4 consecutive quarters
  • ROCE(HY) Highest at 39.27%
  • NET SALES(Q) Highest at JPY 395,578 MM
  • INTEREST COVERAGE RATIO(Q) The company hardly has any interest cost
3
With ROCE of 13.13%, it has a very attractive valuation with a 1.42 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 376.82%, its profits have risen by 37.7% ; the PEG ratio of the company is 0.3
4
Market Beating performance in long term as well as near term
  • Along with generating 376.82% returns in the last 1 year, the stock has outperformed Japan Nikkei 225 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Tomen Devices Corp. 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 Tomen Devices Corp. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Tomen Devices Corp.
387.87%
3.86
78.81%
Japan Nikkei 225
60.14%
2.04
29.37%
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)
11.79%
EBIT Growth (5y)
28.63%
EBIT to Interest (avg)
25.86
Debt to EBITDA (avg)
1.49
Net Debt to Equity (avg)
0.02
Sales to Capital Employed (avg)
4.53
Tax Ratio
24.82%
Dividend Payout Ratio
36.67%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
19.71%
ROE (avg)
12.77%
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
13
Industry P/E
Price to Book Value
1.86
EV to EBIT
10.84
EV to EBITDA
10.66
EV to Capital Employed
1.42
EV to Sales
0.32
PEG Ratio
0.34
Dividend Yield
NA
ROCE (Latest)
13.13%
ROE (Latest)
14.64%
stock-recommendationTechnicals

Technical key factors

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

46What is working for the Company
ROCE(HY)

Highest at 39.27%

NET SALES(Q)

Highest at JPY 395,578 MM

INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

RAW MATERIAL COST(Y)

Fallen by -183.05% (YoY

DEBTORS TURNOVER RATIO(HY)

Highest at 8.33 times

OPERATING PROFIT(Q)

Highest at JPY 22,355 MM

OPERATING PROFIT MARGIN(Q)

Highest at 5.65 %

PRE-TAX PROFIT(Q)

Highest at JPY 19,741 MM

NET PROFIT(Q)

Highest at JPY 14,520 MM

EPS(Q)

Highest at JPY 2,135.03

-14What is not working for the Company
DEBT-EQUITY RATIO (HY)

Highest at 186.15 %

INTEREST(Q)

Highest at JPY 1,216 MM

Here's what is working for Tomen Devices Corp.

Net Sales
At JPY 395,578 MM has Grown at 149.71%
over average net sales of the previous four periods of JPY 158,417 MM
MOJO Watch
Near term sales trend is extremely positive

Net Sales (JPY MM)

Pre-Tax Profit
At JPY 19,741 MM has Grown at 492.73%
over average net sales of the previous four periods of JPY 3,330.5 MM
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (JPY MM)

Net Profit
At JPY 14,520 MM has Grown at 479.93%
over average net sales of the previous four periods of JPY 2,503.75 MM
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (JPY MM)

Net Sales
Highest at JPY 395,578 MM and Grown
In each period in the last five periods
MOJO Watch
Near term sales trend is very positive

Net Sales (JPY MM)

Operating Profit
Highest at JPY 22,355 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (JPY MM)

Operating Profit Margin
Highest at 5.65 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit
Highest at JPY 19,741 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (JPY MM)

Net Profit
Highest at JPY 14,520 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (JPY MM)

EPS
Highest at JPY 2,135.03
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (JPY)

Debtors Turnover Ratio
Highest at 8.33 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost
Fallen by -183.05% (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
At JPY 1,216 MM has Grown at 83.69%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Interest
Highest at JPY 1,216 MM
in the last five periods and Increased by 83.69% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Debt-Equity Ratio
Highest at 186.15 %
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