Risk factor
Low price volatility
Profitability factor
Undervalued vs peers
About
Headquartered in Kobe, Japan, Mitsuboshi Belting Ltd. is a global enterprise founded in 1919. The company specializes in the production and sale of a wide array of industrial products. Its core business encompasses various types of belts, including those for automotive and motorcycle applications (such as v-ribbed, timing, and variable speed belts), general industrial power transmission (like synchronous and frictional belts, pulleys, and couplings), and conveyor systems. Beyond belts, Mitsuboshi also supplies waterproofing materials for construction and water-shielding products for civil engineering projects. Furthermore, the company is a provider of engineering plastic materials and their processed forms. Its offerings extend to electronic and coating materials, featuring items like high-temperature conductive pastes, resistive pastes, silver nano products, metallized ceramic substrates, and glass coatings. Completing its diverse portfolio are functional products, specifically worm wheel blanks and machine tool wipers. The company adopted its current name, Mitsuboshi Belting Ltd., in May 1961, having previously been known as Mitsuboshi Chotai Co., Ltd.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITD.
Target Price
The average target price of 5192.T is 4660 and suggests 10.7% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat