MAX CO LTD chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 1,629.44
Dividend & Yield64.00¥ (3.24%)
Beta 0.55
Market capitalization 93.14B
Operating cash flow 5.76B
ESG Scores unknown

Company description

Max Co., Ltd., together with its subsidiaries, manufactures and sells industrial and office equipment in Japan and internationally. The company's industrial equipment include nailers, gun tackers, screwdrivers, staples, nails, screws, air compressors, laser markers, reinforcing bar tying machines, concrete pinching machines, gas neira, hammer drills, rechargeable impact drivers and round saws, vegetable binding machines, bag binding machines, rechargeable pruning scissors, bathroom heating ventilation dryers, ventilation systems, floor heating systems, disposer systems, residential fire alarms, etc. Its office equipment comprise auto staplers, plastic ring bookbinding machines, staplers, paper needle staplers, numbering machines, punches, stamp stands, vermillions, time recorders, time cards, check writers, cutting machines, printing machines, label printers, tube markers, brush cultivation software and machines, parallel rulers, etc. Further, the company offers HCR equipment, such as wheelchairs and other assistive devices. In addition, it is involved in the storage and transportation activities. The company was formerly known as Max Industry Co., Ltd. and changed its name to Max Co., Ltd. in 1964. Max Co., Ltd. was founded in 1942 and is headquartered in Tokyo, Japan.

Sector: Industrials - Industry: Industrial Distribution

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -41M -147M 243M
Total Cashflows From Investing Activities -6.38B -5.99B -5.35B
Net Borrowings
Total Cash From Financing Activities -2.82B -2.41B -4.48B
Change To Operating Activities 245M -195M 205M
Issuance Of Stock
Net Income 5.06B 5.51B 5.15B 6.09B
Change In Cash -1.53B -340M -429M
Effect Of Exchange Rate -137M -272M 594M
Total Cash From Operating Activities 7.81B 8.33B 8.8B
Depreciation 2.39B 2.47B 2.52B
Change To Account Receivables 441M 701M 1.04B
Other Cashflows From Financing Activities -224M -258M -259M
Change To Netincome -1.67B -1.83B -1.84B
Capital Expenditures -3.16B -2.72B -4.94B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 7.12B 7.43B 7.03B 8.25B
Net Income 5.06B 5.51B 5.15B 6.09B
Selling General Administrative 19.83B 20.75B 19.85B 22.78B
Gross Profit 27.73B 29.13B 27.32B 31.39B
Ebit 7.12B 7.58B 6.69B 7.5B
Operating Income 7.12B 7.58B 6.69B 7.5B
Interest Expense -38M -39M -42M -57M
Income Tax Expense 2.06B 1.92B 1.89B 2.16B
Total Revenue 70.12B 69.67B 64.03B 73.96B
Cost Of Revenue 42.39B 40.54B 36.7B 42.57B
Total Other Income ExpenseNet -2M -147M 346M 749M
Net Income From Continuing Ops 5.07B 5.51B 5.14B 6.08B
Net Income Applicable To Common Shares 5.06B 5.51B 5.15B 6.09B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 24.22B 23.41B 23.84B 25.91B
Total Stockholder Equity 73.84B 75.87B 78.6B 83.03B
Other Current Liabilities 4.74B 4.54B 4.28B 5.75B
Total Assets 98.17B 99.38B 102.54B 109.04B
Common Stock 12.37B 12.37B 12.37B 12.37B
Other Current Assets 1.08B 784M 786M 1.85B
Retained Earnings 51.53B 54.89B 55.87B 58.93B
Treasury Stock -576M -1.91B -157M 1.22B
Cash 22.19B 21.85B 21.42B 23.3B
Total Current Liabilities 12.28B 11.56B 11.8B 14.05B
Other Stockholder Equity -257M -1.58B 216M 1.63B
Property, Plant, and Equipment 19.19B 19.65B 22.73B 24.96B
Total Current Assets 50.55B 46.94B 47.25B 54.93B
Net Tangible Assets 73.61B 75.56B 78.27B 82.59B
Net Receivables 14.39B 13.53B 12.63B 13.78B
Accounts Payable 3.71B 3.14B 3.56B 4.22B


Insider Transactions

Here are the insider transactions of stock shares related to MAX 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 MAX 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 MAX CO LTD

Here is the result of two systematic investment strategies applied to MAX 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 MAX CO LTD

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

MAX CO LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 2.53% on the backtest period.

Performance at glance

Performance

2.53 %

Latent gain

278.0 ¥

Invested capital

10999.0 ¥

Annualized return

0.6 %
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Momentum strategy results on MAX CO LTD

This is the result of two momentum investment strategies applied to MAX 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 MAX CO LTD

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

MAX CO LTD momentum entries
  • The first momentum investment strategy would give 10.41% of return on MAX CO LTD. That represents 911.0¥ of latent gain with 8755.0¥ of employed capital.
  • The second momentum investment strategy would give 5.92% of return on MAX CO LTD. That represents 540.0¥ of latent gain with 9126.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

10.41 %

Latent gain

911.0 ¥

Invested capital

8755.0 ¥

Annualized return

2.85 %
Performance at glance (2Q Momentum)

Performance

5.92 %

Latent gain

540.0 ¥

Invested capital

9126.0 ¥

Annualized return

1.59 %

Momentum equity curve on MAX CO LTD

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

MAX CO LTD momentum equity

Note: the dividends potentially given by MAX 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 MAX CO LTD

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

MAX 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 MAX CO LTD

Buy the dip entry openings on MAX CO LTD

MAX CO LTD

The performance achieved by the robo-advisor on MAX CO LTD is 6.27%. That represents 190.0$ of latent gain with 3032.0¥ of employed capital. The following chart shows MAX CO LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MAX 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

6.27 %

Latent gain

190.0 ¥

Invested capital

3032.0 ¥

Annualized return

2.85 %

Equity curve of the strategy applied to MAX CO LTD

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

MAX CO LTD

Note: the dividends potentially given by MAX 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 MAX CO LTD

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

MAX 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 MAX CO LTD

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

Equity curve comparison on MAX CO LTD

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

MAX CO LTD investment strategy comparison

Employed capital comparison on MAX CO LTD

MAX CO LTD investment comparison

Performance comparison on MAX CO LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 2.53% 278.0¥ 10999.0¥ 0.6%
Momentum 1 quarter 10.41% 911.0¥ 8755.0¥ 2.63%
Momentum 2 quarters 5.92% 540.0¥ 9126.0¥ 1.59%
Non-directional 6.27% 190.0¥ 3032.0¥ 2.85%
Annualized return comparison

Automatic investment

0.6 %

Momentum 1Q

1.59 %

Momentum 2Q

1.59 %

Non-directional

2.85 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MAX 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 MAX CO LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of MAX CO LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name MAX CO LTD
Country Japan
City Tokyo
Address 6-6 Nihonbashi
Phone 81 3 3669 0311
Website www.max-ltd.co.jp
FullTime employees 2477
Industry Industrial Distribution
Sector Industrials
Exchange XTKS
Ticker 6454.XTKS
Market www.jpx.co.jp

MAX 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