Risk factor
Sufficiently resilient to price shocks
Profitability factor
Greatly undervalued vs peers
About
NS United Kaiun Kaisha, Ltd., along with its affiliated companies, operates as a comprehensive transport enterprise, owning and managing a diverse fleet of both land and maritime vessels. Its core business is structured around distinct International Shipping and Coastal Shipping divisions. Beyond its direct freight services, the company also functions as a crucial logistics agent, coordinating transportation across land, air, and sea. Specializing in bulk cargo, its offerings include the conveyance of iron ore, coking coal, and various energy commodities, alongside comprehensive tramp chartering solutions. The firm's extensive portfolio also includes the sale, leasing, repair, and maintenance of its vessels, as well as the production, distribution, and servicing of marine equipment. Furthermore, it diversifies its operations through real estate ventures, personnel recruitment, and acting as an authorized agent for property and life insurance, in addition to providing data-processing and business intelligence services. With a formidable international footprint, the company's activities span Japan, numerous Asian countries, Brazil, Europe, the Middle East, North and South America, and Australia. As of March 31, 2020, its impressive fleet consisted of 197 ships. Established in 1950, the company's corporate headquarters are located in Tokyo, Japan.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD