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Aichi Steel Corporation is currently in a long term downtrend where the price is trading 2.3% 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.
Aichi Steel Corporation's total revenue sank by 1.9% to $59B since the same quarter in the previous year.
Its net income has dropped by 10.1% to $3B since the same quarter in the previous year.
Based on the above factors, Aichi Steel Corporation gets an overall score of 1/5.
Industry | Steel |
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ISIN | JP3103600007 |
Exchange | TSE |
CurrencyCode | JPY |
Sector | Basic Materials |
Market Cap | 151B |
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PE Ratio | 25.55 |
Target Price | 4400 |
Dividend Yield | 1.7% |
Beta | 0.44 |
Aichi Steel Corporation manufactures and sells steel, forged products, and electro-magnetic products in Japan. It operates through Steel, Stainless, Forging, Smart, and Other Business segments. The company offers specialty steel, including carbon, alloy, H-shaped, micro alloyed, boron, spring, and high carbon chrome bearing steel, as well as alloy steel bolting materials; and stainless steel products, such as angle and unequal angle bars, channel bars, compression bars, round bars, flat and square bars, welded H-beams and T-bars, and custom welded shaped steel products, as well as stainless steel products for high-pressure hydrogen, blades, building structures, and water sluices. It also provides titanium round, angle, and flat bars; engine, chassis, transmission, driveline, and e axle nit products; cold and hot work tool steel products; electromagnetic components comprising MI sensors, Nd-Fe-B resin bonded magnets, dental magnetic attachments, and electronic materials and components; amorphous wire; and TetsuRiki agri/aqua, which are iron ions used for plants. In addition, the company is involved in the production and sale of flame retardant materials; design and installation of industrial furnaces; mining, processing, and sale of limestone and other minerals; cargo transportation, handling, and storage activities; development of software; and sale and maintenance of computers and accessories devices. Further, it engages in the sale of daily commodities, as well as provision of restaurant services, lunch catering services, travel agency services, gardening services, etc.; design, development, manufacture, and sales of forging dies; and manufacture and sale of crude specialty steel. Aichi Steel Corporation was founded in 1934 and is headquartered in Tokai, Japan.
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