Risk factor
Very poor trading liquidity
Profitability factor
Weak growth
About
Nippon Tungsten Co., Ltd., founded in 1931 and headquartered in Fukuoka, Japan, is a leading provider of rare metal and fine ceramic products. The company's expertise lies primarily in tungsten-based materials, developed through sophisticated powder metallurgical technology. Its diverse product range caters to numerous industrial applications. For instance, the automotive sector benefits from their tungsten wire, rods, ribbons, SC molybdenum, resistance welding electrodes, TD/TCP/Starter contacts, silicon nitride, and specialized roll press machines. They also produce various heavy alloys. In the realm of electric machinery and tools, Nippon Tungsten supplies discharge tungsten wire and electric discharge machining (EDM) electrodes. For demanding tooling applications, the company manufactures cemented carbides and advanced ceramic materials designed for superior wear and shock resistance, including NT die cutters and precision fine ceramic cutting tools. Other offerings include seal rings, sleeves, corrosion-resistant sliding materials, and porous ceramics essential for efficient workpiece transfer. Beyond its core materials manufacturing, Nippon Tungsten expands its business activities to include real estate leasing and management, renewable energy power generation, and the sale of electricity.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair val