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Nitto Denko Corp 6988

Morningstar Rating
JPY 14,255.00 +335.00 (2.41%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

Price
JPY 13,845.87
Fair Value
JPY 44,581.99
Uncertainty
High
1-Star Price
JPY 21,677.88
5-Star Price
JPY 91,696.40
Economic Moat
Pmmwrgx
Capital Allocation
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News

Trading Information

Previous Close Price
JPY 13,920.00
Day Range
JPY 13,815.0014,360.00
52-Week Range
JPY 8,420.0014,750.00
Bid/Ask
JPY 14,220.00 / JPY 14,260.00
Market Cap
JPY 2.02 Tril
Volume/Avg
757,000 / 602,307

Key Statistics

Price/Earnings (Normalized)
20.46
Price/Sales
2.27
Dividend Yield (Trailing)
1.82%
Dividend Yield (Forward)
1.96%
Total Yield
4.41%

Company Profile

Nitto Denko Corp manufactures and sells a variety of industrial and electronics products. The company sells tape products, which include masking tape for painting and printed-circuit boards, double sided tapes, electrical tape, and sealant materials used in the construction industry. Nitto Denko also sells film products, which include surface protective film, fluoroplastic films used to seal pipes and air filters, and porous film that allows air to pass through but seals water and other liquids. The firm also produces electronics, which include flexible printed circuit boards for smartphones and tablets, and medical products such as drug delivery patches and adhesive sheets.
Sector
Basic Materials
Industry
Specialty Chemicals
Stock Style Box
Large Core
Total Number of Employees
28,193

Comparables

Valuation

Metric
6988
5122
4221
Price/Earnings (Normalized)
20.4610.256.85
Price/Book Value
2.101.010.61
Price/Sales
2.270.830.47
Price/Cash Flow
14.218.633.84
Price/Earnings
6988
5122
4221

Financial Strength

Metric
6988
5122
4221
Quick Ratio
2.811.550.87
Current Ratio
3.682.231.50
Interest Coverage
50.15458.04335.12
Quick Ratio
6988
5122
4221

Profitability

Metric
6988
5122
4221
Return on Assets (Normalized)
8.14%8.38%5.76%
Return on Equity (Normalized)
10.43%13.81%9.34%
Return on Invested Capital (Normalized)
10.45%11.89%8.63%
Return on Assets
6988
5122
4221
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