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1 Comment
Nittoku Co., Ltd is currently in a long term uptrend where the price is trading 2.7% above its 200 day moving average.
From a valuation standpoint, the stock is 144.9% more expensive than other stocks from the Industrials sector with a price to sales ratio of 2.8.
Nittoku Co., Ltd's total revenue sank by 11.7% to $5B since the same quarter in the previous year.
Its net income has increased by 61.8% to $222M since the same quarter in the previous year.
Based on the above factors, Nittoku Co., Ltd gets an overall score of 2/5.
Exchange | TSE |
---|---|
CurrencyCode | JPY |
Sector | Industrials |
Industry | Specialty Industrial Machinery |
ISIN | JP3684700002 |
Market Cap | 34B |
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PE Ratio | 18.48 |
Target Price | 2300 |
Dividend Yield | 2.1% |
Beta | 0.47 |
Nittoku Co.,Ltd. develops, manufactures, sells, and services automatic winding machines, and related machinery and parts in Japan and internationally. The company offers coil type products, including relay, solenoid, ignition, transformer, injector, pick up, reactor, PM stepping, sensor, IH coil, power inductor, speaker/receiver, chip inductor, and common mode; and motor core type products comprising solid core inner and outer winding, segmented core, open core, and armature. It also provides Bobbin coil winding machines comprising air-core perfect layer, flyer type air core coil, square wire edgewise, and IH coil winding machine, as well as speaker coil winding assembly line; chip winding machines, such as chip and power inductor, common mode, and multi-axis common mode coil winding machine, as well as inspection machine; and motor related machines. In addition, the company provides wire/cable manufacturing equipment, such as unwinding/winding machine, stranded wire winding machine, shield horizontal winding machine, taping equipment, and cable processing equipment; processing machine; and connector related equipment, such as terminal insertion and bending machine, and bending straightener. Further, it offers film/web transfer equipment, including high-speed intermittent film transfer machine, continuous film transfer, and multi capacitor winding machine; medical related automatic machine comprising stranded wire, catheter and guide wire winding, and laser stripping machine; other automated machinery, such as vehicle camera lens assembly machine, wire harness terminal automatic processing machine, and vehicle battery transfer equipment; and IC cards. The company was formerly known as Nittoku Engineering Co., Ltd. and changed its name to Nittoku Co.,Ltd. in August 2019. Nittoku Co.,Ltd. was founded in 1972 and is headquartered in Saitama, Japan.
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