Risk factor
Poor trading liquidity
Profitability factor
Favourable analyst view
About
Nichiban Co., Ltd. operates as a manufacturer and distributor of medical supplies and various adhesive tapes across Asian and European markets. Its range of medical offerings encompasses products like surgical and dressing tapes, alongside first-aid and hemostatic bandages. The company also provides over-the-counter (OTC) solutions, which include anti-inflammatory patches, foot care items, waterproof films, and general bandages. For athletic and support needs, Nichiban supplies an assortment of taping products such as cotton, elastic, kinesiology, and strapping tapes. Within its stationery division, the company offers cellulose adhesive tapes, double-sided tapes, adhesive transfer tapes, and book-binding tapes. Furthermore, Nichiban produces industrial tapes tailored for diverse applications, including non-heavy-duty packaging, carton sealing, agricultural use, vehicles, and machinery, in addition to specialized tape solutions. The company's tape portfolio also features cellulose, OPP packing, kraft paper, lithographic, and crepe tapes. Founded in 1918, Nichiban Co., Ltd. maintains its headquarters in Tokyo, Japan.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on
Target Price
The average target price of 4218.T is 2780 and suggests 46.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in