WAIDA MFG CO LTD chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 1,075.34
Dividend & Yield34.00¥ (3.47%)
Beta 1.07
Market capitalization 6.34B
Operating cash flow N/A
ESG Scores unknown

Company description

Waida Mfg. Co.,Ltd. produces and sells machine tools, industrial machinery, measuring instruments, and controllers in Japan, China, rest of Asia, Europe, and the United States. The company provides various grinders, including profile, jig, grooving insert, surface infeed, profile, insert periphery, and milling tool grinders, as well as HAAS Multigrind grinding centers; and automatic chart marking systems. Its products have applications in manufacturing of drills/end mills/hobs, and index able insert tools; re-grinding of various tools; parts for precision dies, jigs, and tools; surface infeed grinding; and airplane-related turbine blades. The company was founded in 1933 and is headquartered in Takayama, Japan.

Sector: Industrials - Industry: Specialty Industrial Machinery

Financial Ratios
Quick Ratio3.46
Working Capital0.1
Return On Equity0.08
Debt To Equity0.08
Fixed Asset Ratio0
Fixed Interest Cover98.1

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -281M -206M 364M
Total Cashflows From Investing Activities -65M -183M -108M -140M
Net Borrowings -301M -157M 814M -124M
Total Cash From Financing Activities -561M -545M 563M -333M
Change To Operating Activities 278M 97M -335M 134M
Issuance Of Stock
Net Income 1.45B 1.16B 222M 694M
Change In Cash 778M 1.06B 134M 910M
Effect Of Exchange Rate -1M -3M -9M 48M
Total Cash From Operating Activities 1.41B 1.79B -311M 1.34B
Depreciation 206M 242M 243M 259M
Change To Account Receivables -538M 974M 128M -389M
Other Cashflows From Financing Activities -55M -67M -59M -48M
Change To Netincome -472M -663M -528M 139M
Capital Expenditures -66M -178M -76M -128M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 315M 316M 279M 318M
Income Before Tax 1.98B 1.71B 324M 1.04B
Net Income 1.45B 1.16B 222M 694M
Selling General Administrative 1.4B 1.35B 1.03B 1.27B
Gross Profit 3.69B 3.39B 1.59B 2.57B
Ebit 1.97B 1.73B 286M 981M
Operating Income 1.97B 1.73B 286M 981M
Interest Expense -11M -9M -11M -10M
Income Tax Expense 505M 547M 100M 345M
Total Revenue 8.76B 7.86B 4.21B 6.49B
Cost Of Revenue 5.08B 4.46B 2.62B 3.92B
Total Other Income ExpenseNet 5M -18M 38M 59M
Net Income From Continuing Ops 1.47B 1.17B 224M 695M
Net Income Applicable To Common Shares 1.45B 1.16B 222M 694M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 3.01B 2.41B 2.4B 3.13B
Total Stockholder Equity 7.27B 8.07B 8.17B 8.72B
Other Current Liabilities 780M 713M 231M 689M
Total Assets 10.33B 10.54B 10.63B 11.92B
Common Stock 843M 843M 843M 843M
Other Current Assets 53M 30M 121M 191M
Retained Earnings 5.91B 6.75B 6.78B 7.3B
Treasury Stock -367M -403M -334M -315M
Cash 3.84B 4.9B 5.03B 5.94B
Total Current Liabilities 2.04B 1.57B 1.15B 2.17B
Other Stockholder Equity 39M 3M 63M 75M
Property, Plant, and Equipment 2.08B 2.03B 1.98B 2.25B
Total Current Assets 7.82B 8.15B 8.27B 9.22B
Net Tangible Assets 7.26B 8.06B 8.13B 8.67B
Net Receivables 2.13B 1.17B 1.23B 1.37B
Accounts Payable 797M 515M 309M 673M


Insider Transactions

Here are the insider transactions of stock shares related to WAIDA MFG CO LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to WAIDA MFG CO LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on WAIDA MFG CO LTD

Here is the result of two systematic investment strategies applied to WAIDA MFG CO LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on WAIDA MFG CO LTD

The following chart shows the equity curve of the two systematic investment strategies applied to WAIDA MFG CO LTD:

WAIDA MFG CO LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 5.17% on the backtest period.

Performance at glance

Performance

5.17 %

Latent gain

568.0 ¥

Invested capital

10982.0 ¥

Annualized return

1.23 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on WAIDA MFG CO LTD

This is the result of two momentum investment strategies applied to WAIDA MFG CO LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on WAIDA MFG CO LTD

The following chart shows all the entries opened by the momentum investment system on WAIDA MFG CO LTD:

WAIDA MFG CO LTD momentum entries
  • The first momentum investment strategy would give 27.66% of return on WAIDA MFG CO LTD. That represents 2753.0¥ of latent gain with 9952.0¥ of employed capital.
  • The second momentum investment strategy would give 0.29% of return on WAIDA MFG CO LTD. That represents 27.0¥ of latent gain with 9213.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

27.66 %

Latent gain

2753.0 ¥

Invested capital

9952.0 ¥

Annualized return

-0.12 %
Performance at glance (2Q Momentum)

Performance

0.29 %

Latent gain

27.0 ¥

Invested capital

9213.0 ¥

Annualized return

0.08 %

Momentum equity curve on WAIDA MFG CO LTD

The following chart shows the equity curve of the two momentum strategies applied to WAIDA MFG CO LTD:

WAIDA MFG CO LTD momentum equity

Note: the dividends potentially given by WAIDA MFG CO LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on WAIDA MFG CO LTD

The following chart shows the employed capital evolution of the two momentum strategies on WAIDA MFG CO LTD since the beginning:

WAIDA MFG CO LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250¥, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000¥.


Buy the dip strategy result on WAIDA MFG CO LTD

Buy the dip entry openings on WAIDA MFG CO LTD

WAIDA MFG CO LTD

The performance achieved by the robo-advisor on WAIDA MFG CO LTD is -0.26%. That represents -9.0$ of latent gain with 3474.0¥ of employed capital. The following chart shows WAIDA MFG CO LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of WAIDA MFG CO LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-0.26 %

Latent gain

-9.0 ¥

Invested capital

3474.0 ¥

Annualized return

-0.12 %

Equity curve of the strategy applied to WAIDA MFG CO LTD

The following chart shows the result of the investment strategy applied to WAIDA MFG CO LTD:

WAIDA MFG CO LTD

Note: the dividends potentially given by WAIDA MFG CO LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on WAIDA MFG CO LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on WAIDA MFG CO LTD:

WAIDA MFG CO LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on WAIDA MFG CO LTD

In this section, I will compare the three previous investment strategies applied to WAIDA MFG CO LTD.

Equity curve comparison on WAIDA MFG CO LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

WAIDA MFG CO LTD investment strategy comparison

Employed capital comparison on WAIDA MFG CO LTD

WAIDA MFG CO LTD investment comparison

Performance comparison on WAIDA MFG CO LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 5.17% 568.0¥ 10982.0¥ 1.23%
Momentum 1 quarter 27.66% 2753.0¥ 9952.0¥ 6.98%
Momentum 2 quarters 0.29% 27.0¥ 9213.0¥ 0.08%
Non-directional -0.26% -9.0¥ 3474.0¥ -0.12%
Annualized return comparison

Automatic investment

1.23 %

Momentum 1Q

0.08 %

Momentum 2Q

0.08 %

Non-directional

-0.12 %

Correlated stocks

Here are the most positively and negatively correlated stocks with WAIDA MFG CO LTD:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between WAIDA MFG CO LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of WAIDA MFG CO LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name WAIDA MFG CO LTD
Country Japan
City Takayama
Address 2121 Katanomachi
Phone 81 5 7732 0390
Website www.waida.co.jp
FullTime employees 165
Industry Specialty Industrial Machinery
Sector Industrials
Exchange XTKS
Ticker 6158.XTKS
Market www.jpx.co.jp

WAIDA MFG CO LTD ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown