Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Mikuni Corporation, founded in 1923 and headquartered in Tokyo, Japan, operates globally, focusing on the manufacturing and sale of a diverse range of products. Its offerings for the automotive sector include heating, intake, valve, and thermal management systems, along with various sensors and pumps. The company also provides essential components for motorcycles and power equipment. Beyond vehicle applications, Mikuni produces gas and water regulation devices, parts for fuel cell technology, and humidifiers, in addition to general consumer products and assistive devices for nursing and elder care. Furthermore, Mikuni engages in the trading of precision-machined materials, such as castings and forgings for aircraft, related parts, accessories, and maintenance supplies. It also imports and distributes machinery like lawnmowers, turf-care equipment, and other industrial parts. Among its specialized engine components are fuel injection systems and associated devices, carburetors, diverse pumps, control valves, and engine preheating units. The company formally changed its name from Mikuni Kogyo Co., Ltd. to Mikuni Corporation in 1991.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV/EBITD.