Risk factor
Significant default risk
Profitability factor
Very unfavourable analyst view
About
Shima Seiki Mfg.,Ltd., established in 1962 and headquartered in Wakayama, Japan, operates globally through its subsidiaries, focusing on the development, manufacturing, distribution, and servicing of sophisticated computerized flat knitting machines across Japan, Europe, the Middle East, Asia, and other international markets. The company's operations are divided into several key areas: Its Flat Knitting Machine segment offers a variety of solutions, such as WHOLEGARMENT, which produces entire garments as seamless, three-dimensional pieces; N.SRY, designed for creating new knitted fabrics with reduced elasticity; N.SSR, noted for its cost-effectiveness; and N.SVR, which supports complex patterns and designs for inlay knitting and footwear applications. The Design System segment provides advanced design software to aid production processes within the apparel and numerous other industries, alongside automated fabric cutting machines. The Glove and Sock Knitting Machine segment is dedicated to the production and sale of specialized machinery for knitting gloves and socks. Finally, the Other Business segment covers maintenance, repair services, and the sale of spare parts for knitting machines and systems, in addition to engaging in cashmere yarn spinning and the manufacturing and sale of knitted apparel.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/
Target Price
The average target price of 6222.T is 161 and suggests 81.6% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to