ScoreWhy is TONE Co., Ltd. ?
1
Company has very low debt and has enough cash to service the debt requirements
2
Poor long term growth as Net Sales has grown by an annual rate of 5.47% and Operating profit at 1.06% over the last 5 years
3
Flat results in Feb 26
- DEBTORS TURNOVER RATIO(HY) Lowest at 5.95 times
- INTEREST(Q) Highest at JPY 15.12 MM
4
With ROE of 6.04%, it has a fair valuation with a 0.95 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 -9.98%, its profits have fallen by -35.8%
- At the current price, the company has a high dividend yield of 0
5
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -9.98% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in each of the last 3 annual periods
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to TONE Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Industrial Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is TONE Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
TONE Co., Ltd.
-7.87%
-0.66
29.51%
Japan Nikkei 225
71.75%
2.62
26.55%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
5.47%
EBIT Growth (5y)
1.06%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.01
Sales to Capital Employed (avg)
0.58
Tax Ratio
27.90%
Dividend Payout Ratio
25.04%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
13.83%
ROE (avg)
8.69%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
16
Industry P/E
Price to Book Value
0.95
EV to EBIT
10.53
EV to EBITDA
9.09
EV to Capital Employed
0.95
EV to Sales
1.38
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
9.03%
ROE (Latest)
6.04%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend9What is working for the Company
PRE-TAX PROFIT(Q)
At JPY 345.84 MM has Grown at 310.57%
NET PROFIT(Q)
At JPY 232.79 MM has Grown at 597.12%
RAW MATERIAL COST(Y)
Fallen by -31.83% (YoY
CASH AND EQV(HY)
Highest at JPY 10,059.57 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -9.99 %
-12What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 5.95 times
INTEREST(Q)
Highest at JPY 15.12 MM
Here's what is working for TONE Co., Ltd.
Pre-Tax Profit
At JPY 345.84 MM has Grown at 310.57%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 232.79 MM has Grown at 597.12%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (JPY MM)
Cash and Eqv
Highest at JPY 10,059.57 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -9.99 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Raw Material Cost
Fallen by -31.83% (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 TONE Co., Ltd.
Interest
At JPY 15.12 MM has Grown at 28.53%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest
Highest at JPY 15.12 MM
in the last five periods and Increased by 28.53% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Debtors Turnover Ratio
Lowest at 5.95 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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