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Okamoto Industries, Inc is currently in a long term downtrend where the price is trading 0.3% below its 200 day moving average.
From a valuation standpoint, the stock is 19.1% more expensive than other stocks from the Basic Materials sector with a price to sales ratio of 0.9.
Okamoto Industries, Inc's total revenue rose by 0.7% to $24B since the same quarter in the previous year.
Its net income has increased by 569.5% to $2B since the same quarter in the previous year.
Based on the above factors, Okamoto Industries, Inc gets an overall score of 2/5.
Exchange | TSE |
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CurrencyCode | JPY |
ISIN | JP3192800005 |
Sector | Basic Materials |
Industry | Specialty Chemicals |
Market Cap | 91B |
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PE Ratio | 16.82 |
Target Price | 4600 |
Dividend Yield | 2.3% |
Beta | 0.1 |
Okamoto Industries, Inc. engages in the manufacture and sale of industrial and household products in Japan and internationally. The company offers industrial products, including plastic films; wallpaper for housing, decorative films, moldable ABS and acrylic sheets, and synthetic leather for furniture; automotive materials; agricultural films/work materials; and food wrapping films, absorbent/dehydrant sheets, gloves, and other food sanitation materials. It also provides adhesive tapes and rubber bands; flexible container bags; medical/welfare products comprising wound dressing materials, medical gloves, autoclaves, masks, and other sanitary materials; and industrial products, such as cleanroom gloves, adhesive mats for entrances, partition films, safety shoes, and other products. In addition, the company offers household products consisting of condoms/lubricants, heat patches/heating pads/hot water bags, health goods, portable sanitary products, and gloves; dehumidifiers, cockroach control products, and cleaning agents for living spaces; absorbent/dehydrant sheets, food wrapping films, and sheets for cooking; rubber boots, safety shoes, and marine wear; and leather shoes and sneakers. Further, it engages in the solar power generation business. The company was incorporated in 1934 and is headquartered in Tokyo, Japan.
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