Why is Tsuruya Co., Ltd. ?
1
Poor Management Efficiency with a low ROE of 1.30%
- The company has been able to generate a Return on Equity (avg) of 1.30% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of -3.87% and Operating profit at -18.18% over the last 5 years
3
Flat results in Jun 25
- NET SALES(Q) At JPY 1,619.91 MM has Fallen at -14.58%
- INTEREST(Q) Highest at JPY 2.52 MM
- PRE-TAX PROFIT(Q) Fallen at -30.03%
4
With ROE of 2.27%, it has a very attractive valuation with a 0.25 Price to Book Value
- Over the past year, while the stock has generated a return of 5.96%, its profits have risen by 112.8% ; the PEG ratio of the company is 0.1
5
Underperformed the market in the last 1 year
- The stock has generated a return of 5.96% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 28.54%
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 Building Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Tsuruya Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Tsuruya Co., Ltd.
5.96%
0.53
19.74%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality key factors
Factor
Value
Sales Growth (5y)
-3.87%
EBIT Growth (5y)
-18.18%
EBIT to Interest (avg)
16.81
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.05
Sales to Capital Employed (avg)
0.51
Tax Ratio
42.33%
Dividend Payout Ratio
74.94%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.39%
ROE (avg)
1.30%
Valuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
Price to Book Value
0.25
EV to EBIT
15.17
EV to EBITDA
6.97
EV to Capital Employed
0.21
EV to Sales
0.36
PEG Ratio
0.10
Dividend Yield
NA
ROCE (Latest)
1.42%
ROE (Latest)
2.27%
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
Mildly Bearish
Mildly Bullish
Technical Movement
11What is working for the Company
NET PROFIT(HY)
At JPY 108.97 MM has Grown at 454.97%
OPERATING CASH FLOW(Y)
Highest at JPY 527.6 MM
RAW MATERIAL COST(Y)
Fallen by 0.2% (YoY
-14What is not working for the Company
NET SALES(Q)
At JPY 1,619.91 MM has Fallen at -14.58%
INTEREST(Q)
Highest at JPY 2.52 MM
PRE-TAX PROFIT(Q)
Fallen at -30.03%
Here's what is working for Tsuruya Co., Ltd.
Net Profit
At JPY 108.97 MM has Grown at 454.97%
Year on Year (YoY)MOJO Watch
Net Profit trend is very positive
Net Profit (JPY MM)
Operating Cash Flow
Highest at JPY 527.6 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (JPY MM)
Raw Material Cost
Fallen by 0.2% (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 Tsuruya Co., Ltd.
Net Sales
At JPY 1,619.91 MM has Fallen at -14.58%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (JPY MM)
Interest
At JPY 2.52 MM has Grown at 20.73%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest
Highest at JPY 2.52 MM
in the last five periods and Increased by 20.73% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Pre-Tax Profit
Fallen at -30.03%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (JPY MM)
Non Operating Income
Highest at JPY 0.64 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






