Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Fujimak Corporation, a Tokyo, Japan-based enterprise founded in 1950, is a leading global provider specializing in the development, distribution, and maintenance of commercial kitchen apparatus. Their extensive product line includes a wide variety of heating solutions such as advanced combi and VarioCooking ovens, conventional ovens, gas and induction stoves, griddles, salamanders, deep fryers, steamers, specialized noodle boilers, dumpling grillers, warmers, package cookers, large-capacity braising pans and rotary cooking kettles, Chinese ranges, and electric cooking surfaces. For refrigeration, they supply blast chillers and freezers, display cases, food coolers, modular cold rooms, and other chilling systems. Bakery operations are supported with convection and deck ovens, dough conditioners, proofers, mixers, molders, and shaping machinery. Furthermore, the company offers specialized rice cooking, washing, and storage equipment, including table-top warmers, alongside dishwashers and sterilizer cabinets for cleaning and sanitation. Vacuum packing machines and various utility carts also form part of their comprehensive catalog. Fujimak serves a diverse international clientele, encompassing institutional kitchens (schools, hospitals, government facilities), hospitality venues (hotels, restaurants, amusement parks), quick-service establishments (fast food, convenience stores), industrial catering operations (factories, central kitchens, canteens), and even maritime kitchens.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD