-
1 Comment
Nitta Corporation is currently in a long term uptrend where the price is trading 7.1% above its 200 day moving average.
From a valuation standpoint, the stock is 12.5% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.0.
Nitta Corporation's total revenue sank by 5.6% to $20B since the same quarter in the previous year.
Its net income has increased by 24.9% to $2B since the same quarter in the previous year.
Based on the above factors, Nitta Corporation gets an overall score of 3/5.
| Exchange | TSE |
|---|---|
| CurrencyCode | JPY |
| Industry | Specialty Industrial Machinery |
| ISIN | JP3679850002 |
| Sector | Industrials |
| Market Cap | 101B |
|---|---|
| PE Ratio | 16.03 |
| Target Price | 4370 |
| Dividend Yield | 3.9% |
| Beta | 0.32 |
Nitta Corporation provides power transmission belts, conveyor belts and units, and other products in Japan and internationally. The company offers power transmission and conveyor belts, including PolySprint, Polybelt, New Light Grip, and Super Endless belts; curve belt list; and conveyor units, such as curve, spiral, non-snaking, and junction conveyor systems. It provides Hose and tube products comprising thermoplastic hoses and couplings, tubing and tube fittings, clean tube fittings, speed controllers and valves, and disconnect couplings; and industrial wipers and molded rubber products, such as slide, lip, telesco, and cover seals. In addition, the company offers air and chemical filters; filter casting and clean system equipment; bacteria decontamination equipment; and particle and microorganism measuring instruments. Further, it provides mechatronics products, including automatic tool changers, swivel joints, and interface units; Intelimer tapes; and RFID magnetic sheets. Additionally, the company offers SOFTmatics, a robot hand used for handling objects. It serves civil engineering and construction, automobile, logistic and transportation, environment and energy, industrial machinery, semiconductor, liquid crystal and electronic components, food, medicine, and healthcare industries. The company was formerly known as Nitta Belting Co., Ltd. and changed its name to Nitta Corporation in 1982. Nitta Corporation was founded in 1885 and is headquartered in Osaka, Japan.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 5186.TSE using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2025
