Risk factor
Low price volatility
Profitability factor
Undervalued vs peers
About
Headquartered in Kitakyushu, Japan, Onoken Co., Ltd. operates as a comprehensive enterprise specializing in the distribution, fabrication, and import/export of steel products across the Japanese market. Their product portfolio features an extensive array of steel in various forms, including diverse plates (such as checker, expanded, and hot rolled coils), wire rods, and a selection of structural shapes like H-beams, angles, channels, flat bars, pipes, column steels, and deformed steel bars. Furthermore, the company supplies a range of construction materials, specifically exterior walls, window frames, roofing, fencing, versatile steel panels, tiles, slates, and miscellaneous ironware. These offerings serve a wide customer base, encompassing industries such as fabrication, shipbuilding, general construction, equipment manufacturing, and secondary processing for coil centers. Founded in 1925, the company was initially known as Ono Kenzai Co., Ltd. before adopting its current name, Onoken Co., Ltd., in February 1957.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is neutral on EV/EBITDA.