Risk factor
High price volatility
Profitability factor
Weak growth
About
Nihon Dempa Kogyo Co., Ltd. is engaged in the manufacturing and worldwide sale of a diverse range of quartz crystal-based devices. Their comprehensive product lineup features various crystal clock oscillators and high-precision oscillators, including simple packaged, temperature-compensated, voltage-controlled, frequency-controlled, and oven-controlled types. Furthermore, the company offers crystal units and filters, Surface Acoustic Wave (SAW) devices, synthetic quartz crystals, crystal blanks, and optical components. They also develop and provide advanced solutions such as ultrasonic probes, biosensors, outgas sensors, frequency synthesizers, millimeter-wave converters, and signal generators. These critical components are integral to a wide array of modern applications, including Internet of Things (IoT) products, automotive systems, smartphones, network infrastructure, digital consumer electronics, personal computers, watches, digital cameras, and gaming consoles, as well as underpinning 5G technologies. Nihon Dempa Kogyo's market presence extends across Japan, the wider Asian region, Europe, and North America. Founded in 1948, the corporation initially traded under the name Nanbu Shoko Co., Ltd. before being rebranded as Nihon Dempa Kogyo Co., Ltd. in 1950. The company's principal office is located in Tokyo, Japan.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITD
Target Price
The average target price of 6779.T is 2855 and suggests 5.01% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat