Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Alps Logistics Co., Ltd., an integrated logistics company, provides logistics services for the transportation, delivery, storage, and forwarding of electronic components worldwide. As of March 31, 2020, it operated a fleet of 3,405 consolidated trucks and 661 non-consolidated trucks; and warehouse, which covered an area of 864,798 consolidated square meters and 291,163 non-consolidated square meters. The company is also involved in the lease of real estate properties; packing business; import/export cargo operations; customs broking and forwarding businesses; air cargo agency; collection, transportation, and disposal of industrial waste; and metal collection activities. In addition, it produces and sells synthetic resinous materials, quasi-drugs, and medical instruments; sells packing materials and electronic devices; and provides worker dispatch services. The company was formerly known as Alps Transportation Systems Corp. and changed its name to Alps Logistics Co., Ltd. in June 2001. Alps Logistics Co., Ltd. was founded in 1964 and is headquartered in Yokohama, Japan.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is overpriced on P/FCF.