ScoreWhy is Yonex Co., Ltd. ?
1
Company has very low debt and has enough cash to service the debt requirements
2
Healthy long term growth as Net Sales has grown by an annual rate of 17.41% and Operating profit at 42.40%
3
Flat results in Dec 25
- INTEREST(Q) Highest at JPY 78 MM
4
With ROE of 14.30%, it has a attractive valuation with a 3.85 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 32.29%, its profits have risen by 15.8% ; the PEG ratio of the company is 1.7
- At the current price, the company has a high dividend yield of 0
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Yonex Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Media & Entertainment should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Media & Entertainment)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Yonex Co., Ltd. for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Yonex Co., Ltd.
32.29%
1.67
47.66%
Japan Nikkei 225
38.94%
1.38
28.28%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
17.41%
EBIT Growth (5y)
42.40%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.28
Sales to Capital Employed (avg)
1.75
Tax Ratio
28.75%
Dividend Payout Ratio
17.89%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
21.22%
ROE (avg)
11.15%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
27
Industry P/E
Price to Book Value
3.85
EV to EBIT
17.42
EV to EBITDA
14.15
EV to Capital Employed
4.99
EV to Sales
1.79
PEG Ratio
1.71
Dividend Yield
0.04%
ROCE (Latest)
28.63%
ROE (Latest)
14.30%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend6What is working for the Company
CASH AND EQV(HY)
Highest at JPY 70,223 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 4.49 times
DEBTORS TURNOVER RATIO(HY)
Highest at 7.91 times
NET SALES(Q)
Highest at JPY 40,942 MM
-11What is not working for the Company
INTEREST(Q)
Highest at JPY 78 MM
Here's what is working for Yonex Co., Ltd.
Net Sales
Highest at JPY 40,942 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Cash and Eqv
Highest at JPY 70,223 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Inventory Turnover Ratio
Highest at 4.49 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 7.91 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Depreciation
Highest at JPY 944 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 Yonex Co., Ltd.
Interest
At JPY 78 MM has Grown at 14.71%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest
Highest at JPY 78 MM
in the last five periods and Increased by 14.71% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
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."
