Risk factor
Low price volatility
Profitability factor
Undervalued vs peers
About
Nichireki Co., Ltd., founded in 1943 and headquartered in Tokyo, Japan, is a prominent manufacturer and supplier of diverse paving materials, primarily serving the Japanese market. The company's main product lines include various asphalt emulsions crucial for both road construction and the recycling of pavement, as well as a selection of modified asphalts. Additionally, Nichireki offers a broad spectrum of construction-related products, such as materials for waterproofing bridges and their decks, sealing cracks, filling potholes, correcting surface irregularities, and enhancing landscapes. Their offerings extend to cement concrete materials, crack repair solutions, pavement mixtures, and various supplementary paving items. Furthermore, the company develops specialized materials for critical infrastructure applications, including airfield aprons, railway tracks (especially for high-speed trains), agricultural water channels, dams, rivers, sewers, reservoirs, and tank base foundations. Nichireki also provides jointing and grouting materials. Beyond product manufacturing, the company offers comprehensive maintenance and management services for roads and paved surfaces.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/EBITD.