Added to YB: 2024-12-17
Pitch date: 2024-12-14
7988.T [neutral]
Nifco Inc.
+37.79%
current return
Author Info
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Company Info
Nifco Inc. manufactures and sells industrial plastic parts and components in Japan, rest of Asia, North America, Mexico, and Europe.
Market Cap
JPY 327.4B
Pitch Price
JPY 3.6K
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.52
P/E
7.44
EV/Sales
0.62
Sector
Automobile Components
Category
value
November Japanese Smaller Companies - Nifco Inc.
7988.T (short summary): Japanese auto parts maker w/ global presence. Q2 weaker but 1H24 ¥79.4m profit on ¥908.2m sales. P/E 11.2x, 1.9% yield, P/B 1.54x. 3,400 patents, tripled value/vehicle since 2000. Challenges in German & Chinese markets. 4% buyback + 1.9% div = 5.9% yield. Plastic parts for cars & electronics, lighter & eco-friendly.
Read full article (1 min)