Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Nichia Steel Works, Ltd. is a Japanese enterprise engaged in the manufacturing and distribution of a diverse array of iron and steel products. Their extensive offerings encompass various iron wires, such as standard, zinc-coated, colored galvanized, and those featuring zinc, aluminum, or magnesium alloy plating. They also produce galvanized deformed coil rebars, tertiary fences, and wires, alongside processed and pre-mesh products tailored for civil engineering and architectural applications. The company's portfolio further includes numerous steel wires like hard steel, galvanized, piano, and zinc/aluminum/magnesium alloy plated steel wires, as well as colored galvanized steel wires, steel and iron flat wires, deformed wires, stranded wires, coupling coils, and one-touch tunnels. Additionally, they supply high-strength bolts, hexagon bolts, and hot-dip galvanized high-strength bolts. These materials serve a wide range of industries, including construction, civil engineering, agriculture, forestry, animal husbandry, fishing, electric power, telecommunications, and automotive sectors. Founded in 1908, Nichia Steel Works, Ltd. is headquartered in Amagasaki, Japan.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/EBITD.