Risk factor
Resilient to price shocks
Profitability factor
Very strong margins and returns
About
Nippon Parking Development's core business is the comprehensive consulting and management of parking facilities. The company leases unused parking spaces in existing buildings from property owners and then rents them out through various contract types. Beyond its primary parking business, the company is also involved in the revitalization of underperforming assets, including ski resorts and theme parks, and has expanded into education and global ventures.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.
Target Price
The average target price of 2353.T is 340 and suggests 32.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc