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HORIBA Ltd
Buy, Hold or Sell?

Let's analyse Horiba together

PenkeI guess you are interested in HORIBA Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of HORIBA Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Horiba (30 sec.)










What can you expect buying and holding a share of Horiba? (30 sec.)

How much money do you get?

How much money do you get?
€1,102.86
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€6,712.37
Expected worth in 1 year
€10,748.98
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
€5,074.99
Return On Investment
5,259.1%

For what price can you sell your share?

Current Price per Share
€96.50
Expected price per share
€75.00 - €99.50
How sure are you?
50%

1. Valuation of Horiba (5 min.)




Live pricePrice per Share (EOD)

€96.50

Intrinsic Value Per Share

€49.55 - €3,125.52

Total Value Per Share

€6,761.91 - €9,837.89

2. Growth of Horiba (5 min.)




Is Horiba growing?

Current yearPrevious yearGrowGrow %
How rich?$301.3b$255.8b$45.5b15.1%

How much money is Horiba making?

Current yearPrevious yearGrowGrow %
Making money$261.1m$220.7m$40.3m15.5%
Net Profit Margin13.9%12.6%--

How much money comes from the company's main activities?

3. Financial Health of Horiba (5 min.)




4. Comparing to competitors in the Scientific & Technical Instruments industry (5 min.)




  Industry Rankings (Scientific & Technical Instruments)  

What can you expect buying and holding a share of Horiba? (5 min.)

Welcome investor! Horiba's management wants to use your money to grow the business. In return you get a share of Horiba.

What can you expect buying and holding a share of Horiba?

First you should know what it really means to hold a share of Horiba. And how you can make/lose money.

Speculation

The Price per Share of Horiba is €96.50. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Horiba.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Horiba, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €6,712.37. Based on the TTM, the Book Value Change Per Share is €1,009.15 per quarter. Based on the YOY, the Book Value Change Per Share is €857.14 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €259.59 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Horiba.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps6.186.4%6.186.4%5.235.4%3.824.0%3.063.2%
Usd Book Value Change Per Share1,071.821,110.7%1,071.821,110.7%910.37943.4%610.21632.3%424.60440.0%
Usd Dividend Per Share275.72285.7%275.72285.7%175.02181.4%167.59173.7%129.43134.1%
Usd Total Gains Per Share1,347.541,396.4%1,347.541,396.4%1,085.391,124.8%777.80806.0%554.03574.1%
Usd Price Per Share72.75-72.75-42.48-56.40-48.44-
Price to Earnings Ratio11.78-11.78-8.13-17.50-17.93-
Price-to-Total Gains Ratio0.05-0.05-0.04-0.10-0.12-
Price to Book Ratio0.01-0.01-0.01-0.01-0.01-
Price-to-Total Gains Ratio0.05-0.05-0.04-0.10-0.12-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share102.49265
Number of shares9
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share275.72167.59
Usd Book Value Change Per Share1,071.82610.21
Usd Total Gains Per Share1,347.54777.80
Gains per Quarter (9 shares)12,127.837,000.24
Gains per Year (9 shares)48,511.3028,000.94
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
19926385864850160332196827991
2198527717197012120674393555992
329777115757145523181006590383993
4397031543421940342413387871111994
54962919292824254530166109838139995
65955523151329105636200131806167996
76948027009933956742233153774195997
87940630868438807848266175741223998
98933234727043658954300197709251999
109925838585548510060333219677280000

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%

Fundamentals of Horiba

About HORIBA Ltd

HORIBA, Ltd. manufactures and sells instruments and systems worldwide. The company operates in five segments: Automotive, Environment/Process, Medical, Semiconductor, and Scientific. The Automotive segment offers engine emission measurement devices; in-use vehicle emission measurement devices; on-board emission measurement devices; in-vehicle exhaust gas measuring devices; driveline test systems; engine test systems; brake test systems; fuel cell test devices; battery test devices; and vehicle development engineering and test engineering services, as well as leases and manages research and development facilities. The Environment/Process segment provides flue gas analyzers, water quality measuring devices, air pollution monitoring analyzers, environmental radiation measuring instruments, and process measurement equipment. The Medical segment offers hematology and CRP, immunology, clinical chemistry, and blood glucose analyzers, blood cell counters, biochemical testing devices, blood glucose testing devices, as well as coagulation/hemostasis analyzers. The Semiconductor segment provides mass flow controllers, chemical concentration monitors, semiconductor contaminant inspection equipment, and residual gas analyzer. The Scientific segment offers Raman spectrometers, pH meters, water quality measuring devices, particle size distribution measuring devices, X -ray fluorescence analyzers, elemental analyzers, fluorescence spectroscopy/lifetime measurement devices, spectrometer/detectors, and gratings. It also engages in the fund management, software development, and automation software for engine. The company's products are used in arts, entertainment, and recreation; education, research and development, and government institution; food and beverage; energy and environment; health care; industrials; information technology; water; materials; mobility and transport; and waste management applications. HORIBA, Ltd. was founded in 1945 and is headquartered in Kyoto, Japan.

Fundamental data was last updated by Penke on 2024-04-05 05:39:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of HORIBA Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Horiba earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Horiba to the Scientific & Technical Instruments industry mean.
  • A Net Profit Margin of 13.9% means that €0.14 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of HORIBA Ltd:

  • The MRQ is 13.9%. The company is making a huge profit. +2
  • The TTM is 13.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ13.9%TTM13.9%0.0%
TTM13.9%YOY12.6%+1.3%
TTM13.9%5Y10.2%+3.7%
5Y10.2%10Y9.2%+1.0%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ13.9%3.8%+10.1%
TTM13.9%3.9%+10.0%
YOY12.6%7.4%+5.2%
5Y10.2%6.7%+3.5%
10Y9.2%7.5%+1.7%
1.1.2. Return on Assets

Shows how efficient Horiba is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Horiba to the Scientific & Technical Instruments industry mean.
  • 0.1% Return on Assets means that Horiba generated €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of HORIBA Ltd:

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.1%0.0%
TTM0.1%YOY0.0%+0.0%
TTM0.1%5Y0.0%+0.0%
5Y0.0%10Y0.0%+0.0%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%0.8%-0.7%
TTM0.1%0.8%-0.7%
YOY0.0%1.5%-1.5%
5Y0.0%1.5%-1.5%
10Y0.0%1.8%-1.8%
1.1.3. Return on Equity

Shows how efficient Horiba is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Horiba to the Scientific & Technical Instruments industry mean.
  • 0.1% Return on Equity means Horiba generated €0.00 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of HORIBA Ltd:

  • The MRQ is 0.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.1%0.0%
TTM0.1%YOY0.1%+0.0%
TTM0.1%5Y0.1%+0.0%
5Y0.1%10Y0.1%+0.0%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%1.9%-1.8%
TTM0.1%1.9%-1.8%
YOY0.1%2.6%-2.5%
5Y0.1%2.8%-2.7%
10Y0.1%3.1%-3.0%

1.2. Operating Efficiency of HORIBA Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Horiba is operating .

  • Measures how much profit Horiba makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Horiba to the Scientific & Technical Instruments industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of HORIBA Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY17.0%-17.0%
TTM-5Y10.4%-10.4%
5Y10.4%10Y11.7%-1.2%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.2%-3.2%
TTM-3.4%-3.4%
YOY17.0%7.4%+9.6%
5Y10.4%7.5%+2.9%
10Y11.7%8.2%+3.5%
1.2.2. Operating Ratio

Measures how efficient Horiba is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • An Operation Ratio of 1.40 means that the operating costs are €1.40 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of HORIBA Ltd:

  • The MRQ is 1.399. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.399. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.399TTM1.3990.000
TTM1.399YOY1.398+0.000
TTM1.3995Y1.442-0.043
5Y1.44210Y1.449-0.008
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3991.406-0.007
TTM1.3991.410-0.011
YOY1.3981.411-0.013
5Y1.4421.350+0.092
10Y1.4491.196+0.253

1.3. Liquidity of HORIBA Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Horiba is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • A Current Ratio of 3.15 means the company has €3.15 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of HORIBA Ltd:

  • The MRQ is 3.153. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.153. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.153TTM3.1530.000
TTM3.153YOY2.642+0.510
TTM3.1535Y2.769+0.384
5Y2.76910Y2.603+0.167
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ3.1532.552+0.601
TTM3.1532.568+0.585
YOY2.6422.387+0.255
5Y2.7692.747+0.022
10Y2.6032.711-0.108
1.3.2. Quick Ratio

Measures if Horiba is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Horiba to the Scientific & Technical Instruments industry mean.
  • A Quick Ratio of 0.73 means the company can pay off €0.73 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of HORIBA Ltd:

  • The MRQ is 0.728. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.728. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.728TTM0.7280.000
TTM0.728YOY0.635+0.092
TTM0.7285Y0.678+0.050
5Y0.67810Y0.785-0.107
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7281.020-0.292
TTM0.7281.024-0.296
YOY0.6351.072-0.437
5Y0.6781.285-0.607
10Y0.7851.322-0.537

1.4. Solvency of HORIBA Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Horiba assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Horiba to Scientific & Technical Instruments industry mean.
  • A Debt to Asset Ratio of 0.37 means that Horiba assets are financed with 36.8% credit (debt) and the remaining percentage (100% - 36.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of HORIBA Ltd:

  • The MRQ is 0.368. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.368. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.368TTM0.3680.000
TTM0.368YOY0.422-0.054
TTM0.3685Y0.430-0.062
5Y0.43010Y0.428+0.002
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3680.365+0.003
TTM0.3680.369-0.001
YOY0.4220.359+0.063
5Y0.4300.340+0.090
10Y0.4280.343+0.085
1.4.2. Debt to Equity Ratio

Measures if Horiba is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Horiba to the Scientific & Technical Instruments industry mean.
  • A Debt to Equity ratio of 58.3% means that company has €0.58 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of HORIBA Ltd:

  • The MRQ is 0.583. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.583. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.583TTM0.5830.000
TTM0.583YOY0.730-0.148
TTM0.5835Y0.761-0.178
5Y0.76110Y0.753+0.008
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5830.561+0.022
TTM0.5830.561+0.022
YOY0.7300.545+0.185
5Y0.7610.518+0.243
10Y0.7530.516+0.237

2. Market Valuation of HORIBA Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Horiba generates.

  • Above 15 is considered overpriced but always compare Horiba to the Scientific & Technical Instruments industry mean.
  • A PE ratio of 11.78 means the investor is paying €11.78 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of HORIBA Ltd:

  • The EOD is 16.592. Based on the earnings, the company is fair priced.
  • The MRQ is 11.778. Based on the earnings, the company is underpriced. +1
  • The TTM is 11.778. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD16.592MRQ11.778+4.814
MRQ11.778TTM11.7780.000
TTM11.778YOY8.127+3.650
TTM11.7785Y17.495-5.717
5Y17.49510Y17.932-0.437
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD16.59215.284+1.308
MRQ11.77816.541-4.763
TTM11.77816.622-4.844
YOY8.12717.177-9.050
5Y17.49520.556-3.061
10Y17.93227.637-9.705
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of HORIBA Ltd:

  • The EOD is 0.545. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 0.387. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.387. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.545MRQ0.387+0.158
MRQ0.387TTM0.3870.000
TTM0.387YOY0.077+0.310
TTM0.3875Y0.171+0.216
5Y0.17110Y0.114+0.057
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD0.5453.344-2.799
MRQ0.3874.294-3.907
TTM0.387-0.533+0.920
YOY0.077-2.419+2.496
5Y0.1713.057-2.886
10Y0.1141.108-0.994
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Horiba is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • A PB ratio of 0.01 means the investor is paying €0.01 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of HORIBA Ltd:

  • The EOD is 0.014. Based on the equity, the company is cheap. +2
  • The MRQ is 0.010. Based on the equity, the company is cheap. +2
  • The TTM is 0.010. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.014MRQ0.010+0.004
MRQ0.010TTM0.0100.000
TTM0.010YOY0.007+0.003
TTM0.0105Y0.0110.000
5Y0.01110Y0.0110.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD0.0142.266-2.252
MRQ0.0102.549-2.539
TTM0.0102.549-2.539
YOY0.0073.123-3.116
5Y0.0113.228-3.217
10Y0.0113.794-3.783
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of HORIBA Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1009.1521009.1520%857.143+18%574.534+76%399.777+152%
Book Value Per Share--6712.3706712.3700%5703.217+18%5112.587+31%4216.272+59%
Current Ratio--3.1533.1530%2.642+19%2.769+14%2.603+21%
Debt To Asset Ratio--0.3680.3680%0.422-13%0.430-14%0.428-14%
Debt To Equity Ratio--0.5830.5830%0.730-20%0.761-23%0.753-23%
Dividend Per Share--259.595259.5950%164.787+58%157.792+65%121.863+113%
Eps--5.8165.8160%4.922+18%3.593+62%2.881+102%
Free Cash Flow Per Share--176.982176.9820%518.184-66%393.119-55%367.223-52%
Free Cash Flow To Equity Per Share--176.982176.9820%-13.355+108%362.711-51%303.915-42%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--3125.516--------
Intrinsic Value_10Y_min--49.545--------
Intrinsic Value_1Y_max--390.798--------
Intrinsic Value_1Y_min--298.283--------
Intrinsic Value_3Y_max--1115.051--------
Intrinsic Value_3Y_min--647.479--------
Intrinsic Value_5Y_max--1768.012--------
Intrinsic Value_5Y_min--721.391--------
Market Cap4071865750.000+29%2895476025.5002895476025.5000%1689207960.000+71%2241910022.700+29%1925024020.250+50%
Net Profit Margin--0.1390.1390%0.126+10%0.102+37%0.092+51%
Operating Margin----0%0.170-100%0.104-100%0.117-100%
Operating Ratio--1.3991.3990%1.398+0%1.442-3%1.449-3%
Pb Ratio0.014+29%0.0100.0100%0.007+46%0.011-4%0.011-8%
Pe Ratio16.592+29%11.77811.7780%8.127+45%17.495-33%17.932-34%
Price Per Share96.500+29%68.50068.5000%40.000+71%53.100+29%45.606+50%
Price To Free Cash Flow Ratio0.545+29%0.3870.3870%0.077+401%0.171+126%0.114+238%
Price To Total Gains Ratio0.076+29%0.0540.0540%0.039+38%0.098-45%0.124-56%
Quick Ratio--0.7280.7280%0.635+15%0.678+7%0.785-7%
Return On Assets--0.0010.0010%0.000+10%0.000+41%0.000+45%
Return On Equity--0.0010.0010%0.001+0%0.001+29%0.001+32%
Total Gains Per Share--1268.7471268.7470%1021.930+24%732.327+73%521.640+143%
Usd Book Value--301349633000.000301349633000.0000%255804660800.000+18%229276164260.000+31%189031389690.000+59%
Usd Book Value Change Per Share--1071.8211071.8210%910.372+18%610.213+76%424.603+152%
Usd Book Value Per Share--7129.2087129.2080%6057.387+18%5430.079+31%4478.102+59%
Usd Dividend Per Share--275.716275.7160%175.021+58%167.591+65%129.431+113%
Usd Eps--6.1776.1770%5.227+18%3.816+62%3.060+102%
Usd Free Cash Flow--7945570100.0007945570100.0000%23241934300.000-66%17624912240.000-55%11523678790.000-31%
Usd Free Cash Flow Per Share--187.973187.9730%550.363-66%417.531-55%390.028-52%
Usd Free Cash Flow To Equity Per Share--187.973187.9730%-14.185+108%385.235-51%322.788-42%
Usd Market Cap4324728613.075+29%3075285086.6843075285086.6840%1794107774.316+71%2381132635.110+29%2044568011.908+50%
Usd Price Per Share102.493+29%72.75472.7540%42.484+71%56.398+29%48.438+50%
Usd Profit--261109000.620261109000.6200%220746014.320+18%161133187.748+62%129175161.661+102%
Usd Revenue--1882470075.9801882470075.9800%1750140381.730+8%1519055482.412+24%1342636838.231+40%
Usd Total Gains Per Share--1347.5361347.5360%1085.392+24%777.804+73%554.033+143%
 EOD+4 -4MRQTTM+0 -0YOY+26 -95Y+26 -910Y+25 -10

3.2. Fundamental Score

Let's check the fundamental score of HORIBA Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1516.592
Price to Book Ratio (EOD)Between0-10.014
Net Profit Margin (MRQ)Greater than00.139
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.728
Current Ratio (MRQ)Greater than13.153
Debt to Asset Ratio (MRQ)Less than10.368
Debt to Equity Ratio (MRQ)Less than10.583
Return on Equity (MRQ)Greater than0.150.001
Return on Assets (MRQ)Greater than0.050.001
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of HORIBA Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose96.500
Total0/1 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Net Interest Income  -2,5191,385-1,135-903-2,0371,598-4397,5767,137



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets449,030,000
Total Liabilities165,300,000
Total Stockholder Equity283,713,000
 As reported
Total Liabilities 165,300,000
Total Stockholder Equity+ 283,713,000
Total Assets = 449,030,000

Assets

Total Assets449,030,000
Total Current Assets318,577,000
Long-term Assets130,452,000
Total Current Assets
Cash And Cash Equivalents 132,775,000
Short-term Investments 2,000,000
Net Receivables 71,541,000
Inventory 99,473,000
Other Current Assets 12,788,000
Total Current Assets  (as reported)318,577,000
Total Current Assets  (calculated)318,577,000
+/-0
Long-term Assets
Property Plant Equipment 100,801,000
Goodwill 1,343,000
Intangible Assets 3,622,000
Long-term Assets Other 1,564,000
Long-term Assets  (as reported)130,452,000
Long-term Assets  (calculated)107,330,000
+/- 23,122,000

Liabilities & Shareholders' Equity

Total Current Liabilities101,051,000
Long-term Liabilities64,249,000
Total Stockholder Equity283,713,000
Total Current Liabilities
Short Long Term Debt 5,695,000
Accounts payable 30,518,000
Other Current Liabilities 6,276,000
Total Current Liabilities  (as reported)101,051,000
Total Current Liabilities  (calculated)42,489,000
+/- 58,562,000
Long-term Liabilities
Long term Debt 54,699,000
Long-term Liabilities Other 7,032,000
Long-term Liabilities  (as reported)64,249,000
Long-term Liabilities  (calculated)61,731,000
+/- 2,518,000
Total Stockholder Equity
Retained Earnings 223,320,000
Total Stockholder Equity (as reported)283,713,000
Total Stockholder Equity (calculated)223,320,000
+/- 60,393,000
Other
Capital Stock12,011,000
Common Stock Shares Outstanding 42,270
Net Invested Capital 344,107,000
Net Working Capital 217,526,000
Property Plant and Equipment Gross 100,800,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
> Total Assets 
189,269,000
207,335,000
231,032,000
239,657,000
265,920,000
278,136,000
315,133,000
328,068,000
371,585,000
416,742,000
449,030,000
449,030,000416,742,000371,585,000328,068,000315,133,000278,136,000265,920,000239,657,000231,032,000207,335,000189,269,000
   > Total Current Assets 
140,235,000
149,680,000
151,015,000
156,812,000
177,487,000
192,203,000
216,553,000
223,959,000
258,044,000
296,547,000
318,577,000
318,577,000296,547,000258,044,000223,959,000216,553,000192,203,000177,487,000156,812,000151,015,000149,680,000140,235,000
       Cash And Cash Equivalents 
42,228,000
43,255,000
43,922,000
52,272,000
58,995,000
63,632,000
95,646,000
114,537,000
135,023,000
139,855,000
132,775,000
132,775,000139,855,000135,023,000114,537,00095,646,00063,632,00058,995,00052,272,00043,922,00043,255,00042,228,000
       Short-term Investments 
10,271,000
11,380,000
6,927,000
1,178,000
1,902,000
2,399,000
3,079,000
1,965,000
2,012,000
1,499,000
2,000,000
2,000,0001,499,0002,012,0001,965,0003,079,0002,399,0001,902,0001,178,0006,927,00011,380,00010,271,000
       Net Receivables 
46,498,000
51,223,000
53,983,000
52,882,000
59,364,000
58,429,000
58,325,000
50,873,000
59,877,000
69,818,000
71,541,000
71,541,00069,818,00059,877,00050,873,00058,325,00058,429,00059,364,00052,882,00053,983,00051,223,00046,498,000
       Inventory 
33,084,000
34,836,000
35,716,000
40,287,000
45,573,000
55,137,000
51,612,000
49,250,000
53,113,000
75,271,000
99,473,000
99,473,00075,271,00053,113,00049,250,00051,612,00055,137,00045,573,00040,287,00035,716,00034,836,00033,084,000
       Other Current Assets 
8,154,000
8,986,000
10,467,000
10,193,000
11,653,000
12,606,000
7,891,000
8,366,000
9,251,000
11,424,000
12,788,000
12,788,00011,424,0009,251,0008,366,0007,891,00012,606,00011,653,00010,193,00010,467,0008,986,0008,154,000
   > Long-term Assets 
0
0
0
82,843,000
88,431,000
85,932,000
98,576,000
104,106,000
113,537,000
120,192,000
130,452,000
130,452,000120,192,000113,537,000104,106,00098,576,00085,932,00088,431,00082,843,000000
       Property Plant Equipment 
33,326,000
39,441,000
56,978,000
61,977,000
68,701,000
68,739,000
75,929,000
82,071,000
88,302,000
95,702,000
100,801,000
100,801,00095,702,00088,302,00082,071,00075,929,00068,739,00068,701,00061,977,00056,978,00039,441,00033,326,000
       Goodwill 
314,000
418,000
576,000
387,000
194,000
901,000
1,254,000
944,000
966,000
610,000
1,343,000
1,343,000610,000966,000944,0001,254,000901,000194,000387,000576,000418,000314,000
       Long Term Investments 
8,847,000
9,866,000
11,068,000
11,217,000
13,785,000
11,200,000
13,494,000
0
0
0
0
000013,494,00011,200,00013,785,00011,217,00011,068,0009,866,0008,847,000
       Intangible Assets 
4,796,000
5,935,000
9,722,000
7,536,000
4,203,000
4,000,000
4,281,000
3,681,000
3,457,000
2,983,000
3,622,000
3,622,0002,983,0003,457,0003,681,0004,281,0004,000,0004,203,0007,536,0009,722,0005,935,0004,796,000
       Long-term Assets Other 
0
0
0
2,698,000
2,784,000
2,841,000
2,882,000
2,640,000
2,936,000
3,017,000
1,564,000
1,564,0003,017,0002,936,0002,640,0002,882,0002,841,0002,784,0002,698,000000
> Total Liabilities 
74,725,000
83,023,000
100,983,000
106,466,000
115,054,000
116,118,000
143,518,000
149,399,000
167,094,000
175,894,000
165,300,000
165,300,000175,894,000167,094,000149,399,000143,518,000116,118,000115,054,000106,466,000100,983,00083,023,00074,725,000
   > Total Current Liabilities 
52,138,000
59,003,000
62,429,000
66,076,000
74,378,000
77,999,000
88,472,000
72,797,000
102,139,000
112,229,000
101,051,000
101,051,000112,229,000102,139,00072,797,00088,472,00077,999,00074,378,00066,076,00062,429,00059,003,00052,138,000
       Short-term Debt 
24,182,000
28,041,000
44,705,000
12,463,000
8,352,000
12,044,000
23,495,000
0
0
0
0
000023,495,00012,044,0008,352,00012,463,00044,705,00028,041,00024,182,000
       Short Long Term Debt 
24,182,000
28,041,000
44,705,000
12,463,000
8,352,000
12,044,000
23,495,000
9,548,000
25,107,000
12,351,000
5,695,000
5,695,00012,351,00025,107,0009,548,00023,495,00012,044,0008,352,00012,463,00044,705,00028,041,00024,182,000
       Accounts payable 
16,409,000
15,406,000
17,638,000
20,013,000
23,272,000
21,933,000
19,861,000
20,264,000
29,546,000
36,945,000
30,518,000
30,518,00036,945,00029,546,00020,264,00019,861,00021,933,00023,272,00020,013,00017,638,00015,406,00016,409,000
       Other Current Liabilities 
28,162,000
31,795,000
30,901,000
32,628,000
41,227,000
42,757,000
43,928,000
42,066,000
46,349,000
60,930,000
6,276,000
6,276,00060,930,00046,349,00042,066,00043,928,00042,757,00041,227,00032,628,00030,901,00031,795,00028,162,000
   > Long-term Liabilities 
0
0
0
40,390,000
40,676,000
38,119,000
55,046,000
76,602,000
64,955,000
63,665,000
64,249,000
64,249,00063,665,00064,955,00076,602,00055,046,00038,119,00040,676,00040,390,000000
       Long-term Liabilities Other 
0
0
0
1,766,000
2,151,000
2,555,000
5,538,000
6,011,000
6,040,000
5,994,000
7,032,000
7,032,0005,994,0006,040,0006,011,0005,538,0002,555,0002,151,0001,766,000000
> Total Stockholder Equity
114,544,000
124,312,000
130,049,000
133,119,000
150,774,000
161,911,000
171,603,000
178,661,000
204,479,000
240,833,000
283,713,000
283,713,000240,833,000204,479,000178,661,000171,603,000161,911,000150,774,000133,119,000130,049,000124,312,000114,544,000
   Common Stock
12,011,000
12,011,000
12,011,000
12,011,000
12,011,000
12,011,000
12,011,000
12,011,000
12,011,000
12,011,000
0
012,011,00012,011,00012,011,00012,011,00012,011,00012,011,00012,011,00012,011,00012,011,00012,011,000
   Retained Earnings 
78,477,000
86,218,000
96,055,000
103,104,000
115,345,000
132,329,000
141,689,000
150,222,000
166,892,000
194,000,000
223,320,000
223,320,000194,000,000166,892,000150,222,000141,689,000132,329,000115,345,000103,104,00096,055,00086,218,00078,477,000
   Capital Surplus 00000000000
   Treasury Stock00000000000
   Other Stockholders Equity 
6,104,000
8,096,000
4,996,000
875,000
6,189,000
283,000
709,000
-848,000
8,275,000
17,331,000
0
017,331,0008,275,000-848,000709,000283,0006,189,000875,0004,996,0008,096,0006,104,000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in JPY. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue290,558,000
Cost of Revenue-163,174,000
Gross Profit127,383,000127,384,000
 
Operating Income (+$)
Gross Profit127,383,000
Operating Expense-243,260,000
Operating Income47,297,000-115,877,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense243,260,0000
 
Net Interest Income (+$)
Interest Income1,892,000
Interest Expense-722,000
Other Finance Cost-0
Net Interest Income1,170,000
 
Pretax Income (+$)
Operating Income47,297,000
Net Interest Income1,170,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)53,703,00047,297,000
EBIT - interestExpense = -722,000
40,302,000
41,024,000
Interest Expense722,000
Earnings Before Interest and Taxes (EBIT)-54,425,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax53,703,000
Tax Provision-13,400,000
Net Income From Continuing Ops40,303,00040,303,000
Net Income40,302,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--1,170,000
 

Technical Analysis of Horiba
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Horiba. The general trend of Horiba is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Horiba's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of HORIBA Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 99.50.

The bearish price targets are: 88.00 > 88.00 > 75.00.

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HORIBA Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of HORIBA Ltd. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

HORIBA Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of HORIBA Ltd.

HORIBA Ltd Daily Moving Average Convergence/Divergence (MACD) ChartHORIBA Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of HORIBA Ltd. The current adx is .

HORIBA Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of HORIBA Ltd.

HORIBA Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of HORIBA Ltd.

HORIBA Ltd Daily Relative Strength Index (RSI) ChartHORIBA Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of HORIBA Ltd.

HORIBA Ltd Daily Stochastic Oscillator ChartHORIBA Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of HORIBA Ltd.

HORIBA Ltd Daily Commodity Channel Index (CCI) ChartHORIBA Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of HORIBA Ltd.

HORIBA Ltd Daily Chande Momentum Oscillator (CMO) ChartHORIBA Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of HORIBA Ltd.

HORIBA Ltd Daily Williams %R ChartHORIBA Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of HORIBA Ltd.

HORIBA Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of HORIBA Ltd.

HORIBA Ltd Daily Average True Range (ATR) ChartHORIBA Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of HORIBA Ltd.

HORIBA Ltd Daily On-Balance Volume (OBV) ChartHORIBA Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of HORIBA Ltd.

HORIBA Ltd Daily Money Flow Index (MFI) ChartHORIBA Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for HORIBA Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-24 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-05 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-12 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-20 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-29 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-12 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-16 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-19 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23 00:00:00MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-24 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-30 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-01 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-05 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-11 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-18 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-25 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-26 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-03 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-04 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-10 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-16 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

HORIBA Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of HORIBA Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose96.500
Total0/1 (0.0%)
Penke

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