ScoreWhy is TVE Co., Ltd. ?
1
Poor Management Efficiency with a low ROE of 4.30%
- The company has been able to generate a Return on Equity (avg) of 4.30% signifying low profitability per unit of shareholders funds
2
Company has very low debt and has enough cash to service the debt requirements
3
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 4.30%
4
The company has declared Negative results for the last 3 consecutive quarters
- INTEREST(9M) At JPY 5.07 MM has Grown at 42.99%
- NET SALES(9M) At JPY 7,405.59 MM has Grown at -12.53%
- NET PROFIT(9M) At JPY 562.45 MM has Grown at -30.01%
5
With ROE of 3.36%, it has a very attractive valuation with a 0.47 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 26.69%, its profits have fallen by -61.2%
- At the current price, the company has a high dividend yield of 23.2
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to TVE Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Industrial Manufacturing should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is TVE Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
TVE Co., Ltd.
26.69%
0.45
32.67%
Japan Nikkei 225
28.54%
1.11
25.75%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
0.93%
EBIT Growth (5y)
-19.77%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.37
Sales to Capital Employed (avg)
0.93
Tax Ratio
35.86%
Dividend Payout Ratio
19.46%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.01%
ROE (avg)
4.30%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
14
Industry P/E
Price to Book Value
0.47
EV to EBIT
2.50
EV to EBITDA
1.40
EV to Capital Employed
0.17
EV to Sales
0.11
PEG Ratio
NA
Dividend Yield
23.21%
ROCE (Latest)
6.76%
ROE (Latest)
3.36%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend6What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -5.35% (YoY
PRE-TAX PROFIT(Q)
Highest at JPY 575.04 MM
NET PROFIT(Q)
Highest at JPY 382.3 MM
EPS(Q)
Highest at JPY 162.96
-21What is not working for the Company
INTEREST(9M)
At JPY 5.07 MM has Grown at 42.99%
NET SALES(9M)
At JPY 7,405.59 MM has Grown at -12.53%
NET PROFIT(9M)
At JPY 562.45 MM has Grown at -30.01%
CASH AND EQV(HY)
Lowest at JPY 6,004.44 MM
DEBT-EQUITY RATIO
(HY)
Highest at -12.19 %
DEBTORS TURNOVER RATIO(HY)
Lowest at 3.64%
Here's what is working for TVE Co., Ltd.
Pre-Tax Profit
Highest at JPY 575.04 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Net Profit
Highest at JPY 382.3 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
EPS
Highest at JPY 162.96
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (JPY)
Raw Material Cost
Fallen by -5.35% (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 99.31 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (JPY MM)
Here's what is not working for TVE Co., Ltd.
Interest
At JPY 2.56 MM has Grown at 69.99%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Net Sales
Fallen at -11.36%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (JPY MM)
Interest
Highest at JPY 2.56 MM
in the last five periods and Increased by 69.99% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Cash and Eqv
Lowest at JPY 6,004.44 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debt-Equity Ratio
Highest at -12.19 %
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
Debtors Turnover Ratio
Lowest at 3.64%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Non Operating Income
Highest at JPY 0.41 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
