Risk factor
Low price volatility
Profitability factor
Slightly undervalued vs peers
About
Noritake Co., Limited operates globally as a producer and distributor of a diverse range of products across industrial, ceramic and material, tabletop, and engineering sectors. Its industrial division furnishes solutions such as abrasive wheels, coated abrasives, diamond and CBN tools, and other grinding and polishing related items, catering to the automotive, steel, and bearing industries. The company's ceramics and materials portfolio encompasses electronic pastes for multilayer ceramic capacitors and various electronic components, thick film circuit boards designed for automotive, medical instrument, and LED applications, alongside vacuum fluorescent displays and ceramic cores. Additionally, Noritake develops and manufactures specialized engineering equipment, including mixers for combining ingredients in chemical, medical, and food processing, filtration systems essential for grinding and polishing processes, and heating apparatus tailored for the automotive, electronic component, and energy-related industries. Furthermore, it provides tabletop products, primarily consisting of dining tableware. Noritake Co., Limited was founded in 1904 and is headquartered in Nagoya, Japan.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITD.
Target Price
The average target price of 5331.T is 4200 and suggests 16.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in