Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Nihon Seimitsu Co., Ltd., established in 1978 with its headquarters in Kawaguchi, Japan, specializes in the manufacturing and distribution of watch bands, external watch components, and spectacle frames across Japan. The company offers a diverse range of watch bands made from materials like cemented carbide, pure titanium, various other metals, and urethane, alongside producing watch bezels. Beyond these primary offerings, its product portfolio also encompasses fishing tackles, devices for eliminating static electricity, and numeric keypad electronic locks. Furthermore, the company provides ion plating services.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, overvalued on EV/EBITD.