Risk factor
Low price volatility
Profitability factor
Solid dividends
About
Nichirin Co., Ltd. operates as a global producer and supplier of hoses and related components for the automotive and housing industries. Their extensive automotive product portfolio encompasses hoses for braking, air conditioning, power steering, automatic transmission fluid, air brakes, clutches, ESC, CNG, oil coolers, suspension, urea SCR, hydraulics, and vacuum brakes. Additionally, they provide EF-TUBE products and complete oil cooler units for vehicles. For motorcycle applications, Nichirin offers hoses for brakes, clutches, fuel, oil cushioning, and cooling systems. In the residential sector, their offerings include hoses designed for mixing faucets and toilets. Established in Kobe, Japan, in 1914, the company was originally named Nichirin Rubber Industrial Co.,Ltd., before officially changing to Nichirin Co., Ltd. in July 1991.
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