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TVE Co., Ltd is currently in a long term uptrend where the price is trading 6.6% above its 200 day moving average.
From a valuation standpoint, the stock is 47.5% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.6.
TVE Co., Ltd's total revenue sank by 17.9% to $2B since the same quarter in the previous year.
Its net income has dropped by 79.0% to $42M since the same quarter in the previous year.
Based on the above factors, TVE Co., Ltd gets an overall score of 2/5.
Exchange | TSE |
---|---|
CurrencyCode | JPY |
ISIN | JP3558810002 |
Sector | Industrials |
Industry | Specialty Industrial Machinery |
Market Cap | 5B |
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PE Ratio | 6.81 |
Target Price | None |
Dividend Yield | 1.9% |
Beta | -0.03 |
TVE Co., Ltd. engages in the manufacture, sale, and maintenance of industrial valves, electrical equipment, reconstruction, and other decommissioning equipment in Japan. The company operates through Electrical Equipment, Steel Manufacturing, and Valve Business segments. It offers valves for nuclear power plant, thermal plant, ships, petrochemical plants, and other power plants, as well as manufacture and sell cast steel products. In addition, the company constructs electrical equipment for nuclear power plants. Further, it offers gate valves, such as wedge gate and parallel slide valves; safety/relief valves, including open safety, sealed relief, electromagnetic relief, general purpose safety, pressurizer, vacuum, main steam safety, moisture separation heater relief, cross-around pipe safety valves; and globe valve, Y-valve, and angle valve. Additionally, the company provides swing check, lift check, tilting check, stop check, and bleed check valves; and special valves comprising through conduit, pressure stop, needle, fuel transfer pipe gate, main steam isolation, main steam check, and safety injection system valves, as well as flow meters. Furthermore, it provides maintenance services; and produces and supplies stainless, heat-resistant, and other steel products. The company offers its products for nuclear power generation; thermal, IPP, and in-house power generation; oil, petrochemicals, and LNG; and marine vessels. TVE Co., Ltd. was formerly known as Toa Valve Engineering Inc. and changed its name to TVE Co., Ltd. in September 2020. The company was founded in 1922 and is headquartered in Amagasaki, Japan.
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