Risk factor
Limited trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Hogy Medical Co.,Ltd., along with its associated companies, is dedicated to providing medical provisions to healthcare institutions throughout Japan. Their product portfolio encompasses all-inclusive surgical kit solutions designed for pre-operative, intra-operative, and post-operative stages. They also manufacture a variety of non-woven items, such as surgical gowns, personal protective equipment, patient attire, drapes, pre-packaged goods, covers for instrument tables, and wraps. A unique offering is Tigalyer, a specialized multi-layer fabric. For effective sterilization, the company produces hybrid Mekkin bags, including an ID-layered variant, along with autoclave forceps stand caps. Furthermore, Hogy Medical offers Mekkin cards and ethylene oxide gas cards, both crucial for verifying the sterilization process in autoclaves and using ethylene oxide gas, respectively, complemented by indicator tapes for autoclave sterilization. On the technology front, they provide an ME equipment operation management system and an automated system leveraging radio frequency identification (RFID) to manage controlled medications and hazardous substances. Another innovative product is Securea, a polyurethane sponge specifically engineered for endoscopic surgical procedures. Founded in Tokyo, Japan, in 1955, the company operated as Hogy Co., Ltd. until 1987, when it officially changed its name to Hogy Medical Co.,Ltd.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued
Target Price
The average target price of 3593.T is 3810 and suggests 43% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d