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1 Comment
Nitto Denko Corporation 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 99.2% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.9.
Nitto Denko Corporation's total revenue rose by 8.3% to $208B since the same quarter in the previous year.
Its net income has increased by 81.6% to $25B since the same quarter in the previous year.
Finally, its free cash flow grew by 29.4% to $23B since the same quarter in the previous year.
Based on the above factors, Nitto Denko Corporation gets an overall score of 5/5.
Industry | Specialty Chemicals |
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Exchange | F |
CurrencyCode | EUR |
ISIN | JP3684000007 |
Sector | Basic Materials |
Market Cap | 11B |
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PE Ratio | 13.33 |
Target Price | None |
Dividend Yield | 2.3% |
Beta | 0.63 |
Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania. It provides double sided tapes, surface protective films, sealing materials, masking tapes, membranes, FPD/touch panel related products, gasket materials, semiconductor manufacturing process products, flexible printed circuit boards, porous films/breathable materials, and packaging tapes. The company also offers functional thermal transfer systems, such as labels, barcode label printers, and label printing software; tapes for electrical and electronic equipment; dust removal products for clean rooms; fluoroplastic sheets and tapes, and fluoroplastic porous films; and materials for housing and construction. In addition, it provides medical products, including transdermal therapeutic systems, athletic tapes, medical adhesive tapes for wearable devices and body sensors, adhesive tapes, and particles for nucleic acid synthesis. The company offers its products to automotive and transportation, housing/housing equipment, infrastructure, material, home appliance and electrical, display, electronic device, medical, packaging, and consumer/personal care industries. Nitto Denko Corporation was incorporated in 1918 and is headquartered in Osaka, Japan.
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