Risk factor
Very poor trading liquidity
Profitability factor
Overvalued vs peers
About
Nippon Felt Co., Ltd., established in Tokyo, Japan, in 1917, specializes in the production and distribution of industrial textile goods, serving both domestic and international clientele. The company's core offerings include press felts and shoe press belts. Its comprehensive product line features felts designed for papermaking, pulp manufacturing, and the production of slate and other building materials. Additionally, Nippon Felt provides synthetic textiles for paper production and various other industrial uses, alongside general industrial felts, tubular needle-felts, and woven jackets. The company also supplies industrial detergents, chemicals, and high-pressure shower equipment crucial for paper manufacturing processes. Complementing its primary business, Nippon Felt is involved in managing and leasing real estate properties, as well as fabricating and marketing industrial machinery and environmental protection devices.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITD.