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Asahi Rubber Inc is currently in a long term downtrend where the price is trading 5.7% below its 200 day moving average.
From a valuation standpoint, the stock is 53.6% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.5.
Asahi Rubber Inc's total revenue sank by 7.4% to $2B since the same quarter in the previous year.
Its net income has dropped by 132.1% to $-26M since the same quarter in the previous year.
Based on the above factors, Asahi Rubber Inc gets an overall score of 1/5.
Exchange | TSE |
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CurrencyCode | JPY |
Sector | Consumer Cyclical |
Industry | Auto Parts |
ISIN | JP3117300008 |
PE Ratio | None |
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Target Price | None |
Dividend Yield | 3.4% |
Market Cap | 3B |
Beta | 0.11 |
Asahi Rubber Inc. manufactures and sells industrial rubber products in Japan. The company provides ASA COLOR light emitting diodes (LED) for use in automotive interiors, such as speedometers, navigation controls, switches, and audios; silicone lens for UV LEDs; white silicon ink for ultraviolet applications, as well as color filter sheets; and ASACOLOR LED-EMMO light for study/sleep. It also offers Light diffusion cap; ASA COLOR application products, such as lamp cap for automotive interior lighting, and phosphor sheet/tube; 3D solution services; and bendable electric generators, as well as stretchable cables. In addition, the company provides automotive rubber switches; hydrophilic silicone rubber for use in fluid management devices, hydrophilic film replacement, and materials for cell culturing container; high precision rubber sheets; and gaskets for prefilled syringes. Further, it offers one-way check valve for gravity drip; rubber products for use in medical care, such as rubber plugs for infusion bags and vacuum blood collection tubes, or chemical injected rubber plugs; electromagnetic wave control body, a pseudo-human body for measuring how electromagnetic waves in a communication environment; microfluidic devices; 3D solutions; flexible thermoplastic modules; energy harvesting; stretchable cables, as well as provide products for wind turbine blades. Additionally, the company provides Saporous, which is used for nursing care and welfare equipment for the elderly, shock absorbing applications, sports supplies, various filters, etc.; O-rings for use in waterproof power-operated parts of door mirrors and knock sensors of automobiles; microfluidic devices; and rubber for table tennis rackets. Asahi Rubber Inc. was founded in 1970 and is headquartered in Saitama, Japan.
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