Risk factor
Very poor trading liquidity
Profitability factor
Good margins and returns
About
Shinpo Co., Ltd., founded in 1971 and headquartered in Nagoya, Japan, is a global manufacturer and distributor specializing in advanced smokeless roasting technology. Their extensive product portfolio features various types of smokeless roasters, including electric, hot plate, retractable hood, and charcoal-fired models, all available in both ducted and ductless configurations. The company also supplies compact gas stoves and grills, versatile cooking wagons, sophisticated deodorization and smoke extraction systems, and energy-efficient climate control solutions. Additionally, Shinpo offers a comprehensive range of accessories, such as specialized supernet/flatnets, Yakiniku tongs, rostles, grill cleaning equipment, replacement roasters and grills, ceramic charcoal components, gas system parts, and safety devices. Beyond product sales, their services encompass interior construction, the complete design and installation of smokeless roaster systems, and professional duct cleaning.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.