Risk factor
Considerable default risk
Profitability factor
Undervalued vs peers
About
Gecoss Corporation, a Tokyo-headquartered subsidiary of JFE Steel Corporation, was established in 1946 as a key player in Japan's construction sector. The company specializes in the rental and sale of a wide range of construction equipment and steel materials. Its extensive product catalog includes temporary construction steel components such as H-beams, steel sheet piling, metal floor panels, lining boards, and ground retention systems. Gecoss also offers design, manufacturing, and sales for the erection and dismantling of ground support structures and gantries, in addition to performing pile driving, extraction, and obstruction removal services. The firm further provides temporary structures like bridges, railway station platforms, access stairs, shield supports, road overpasses, and bridge collapse prevention hardware through rental, sales, and construction. Its comprehensive rental fleet covers vehicles and various construction machinery, including aerial work platforms, excavators, power generators, modular temporary buildings, and lighting. Beyond these, Gecoss undertakes specialized civil engineering projects, encompassing pile punching, the installation and removal of earth retention systems, and soil-cement column wall construction. Complementing its diverse offerings, the company delivers crucial planning, design, and technical support for various temporary construction endeavors.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITD.