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1 Comment
DIC Corporation is currently in a long term downtrend where the price is trading 1.9% below its 200 day moving average.
From a valuation standpoint, the stock is 47.1% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.4.
DIC Corporation's total revenue sank by 2.6% to $187B since the same quarter in the previous year.
Its net income has dropped by 113.1% to $-680M since the same quarter in the previous year.
Finally, its free cash flow grew by 34.0% to $16B since the same quarter in the previous year.
Based on the above factors, DIC Corporation gets an overall score of 2/5.
CurrencyCode | JPY |
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Industry | Specialty Chemicals |
Sector | Basic Materials |
ISIN | JP3493400000 |
Exchange | TSE |
Dividend Yield | 4.2% |
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Beta | 0.59 |
Target Price | 2707.5 |
PE Ratio | 13.0 |
Market Cap | 229B |
DIC Corporation manufactures and sells printing inks, organic pigments, and polyphenylene sulfide (PPS) compounds worldwide. It operates through three segments: Packaging & Graphic, Color & Display, and Functional Products. The Packaging & Graphic segment offers printing materials, including gravure, flexo, metal decoration, security, jet, offset, and news inks; packaging adhesives; coextruded multilayer films; and polystyrene, as well as other products and solutions for packaging applications. The Color & Display segment provides color material products, such as organic pigments, pigments for color filters, effect pigments, pigments for cosmetics, health foods, and natural colorants; and display materials comprising liquid crystal materials. The Functional Products segment offers performance materials that include coating, UV-curable, waterborne, acrylic, polyurethane, epoxy, phenolic, polyester/alkyd, unsaturated polyester, and other resins, as well as fluorochemicals, modifiers, alkylphenols, metal carboxylates, sulphur chemicals, and textile printing agents/leather colorants. It also provides composite materials, which comprise PPS and functional compounds, masterbatch for fibers/films, industrial adhesive and magnetic tapes, hollow fiber membrane modules, building material, decorative papers and sheets, decorative films, and plastic pallets; and DLP 3D printing materials and blue green Algal Polysaccharide. DIC Corporation offers its products to electronics, automotive, packaging, healthcare, color, display, house equipment/infrastructure, and functional material industries. The company was formerly known as Dainippon Ink and Chemicals, Incorporated and changed its name to DIC Corporation in April 2008. DIC Corporation was founded in 1908 and is headquartered in Tokyo, Japan.
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