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Nifco Inc. (JP:7988)
:7988
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Nifco Inc.
(7988)
73Outperform
Nifco Inc. (7988) vs. S&P 500 (SPY)
Market Cap
¥330.61B
Dividend Yield2.13%
Average Volume (3M)228.75K
Price to Earnings (P/E)7.6
Beta (1Y)0.91
Revenue Growth0.15%
EPS Growth-10.10%
CountryJP
Employees10,226
SectorConsumer Cyclical
Sector Strength67
IndustryAuto - Parts
Share Statistics
EPS (TTM)175.29
Shares Outstanding100,257,050
10 Day Avg. Volume197,490
30 Day Avg. Volume228,750
Financial Highlights & Ratios
PEG Ratio0.38
Price to Book (P/B)1.43
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥4,700.00Price Target Upside33.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Nifco Inc. Business Overview & Revenue Model
Company DescriptionNifco Inc. manufactures and sells industrial plastic parts and components in Japan, rest of Asia, North America, and Europe. It offers automotive parts and components for use in fuel, engine, exterior, interiors, and electric powertrain. The company also offers household equipment, such as drawer closers, push latches, earthquake-proof latches, and door dampers; consumer electronics/office automation products that include dampers, free-stop hinges, magnet latches, and push latches; and fashion/sport products, such as side release buckles, cord locks, and other buckles. In addition, it manufactures and sells beds, as well as imports and sells furniture products. The company was formerly known as Japan Industry Fastener Inc. and changed its name to Nifco Inc. in December 1970. Nifco Inc. was incorporated in 1946 and is headquartered in Tokyo, Japan.
How the Company Makes MoneyNifco Inc. generates revenue through the manufacturing and sale of plastic components, primarily targeting the automotive industry. The company's key revenue streams include the sale of fasteners and connectors used in vehicle interiors, exteriors, and under-the-hood applications. Nifco's strong focus on innovation and quality has enabled it to establish long-term partnerships with major automotive manufacturers, ensuring a steady demand for its products. Additionally, Nifco benefits from its diversification into consumer and electronic product segments, which contributes to its overall revenue. The company's strategic investments in research and development, alongside its global manufacturing footprint, further bolster its ability to meet market demands and maintain competitive advantage.
Nifco Inc. Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | |||||
| TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 361.88B | 371.64B | 321.77B | 283.78B | 256.08B | 288.01B | Gross Profit |
| 108.15B | 101.70B | 85.84B | 76.51B | 70.86B | 78.07B | EBIT |
| 50.27B | 43.93B | 34.44B | 30.54B | 27.70B | 29.74B | EBITDA |
| 46.61B | 46.31B | 48.53B | 43.69B | 41.58B | 46.06B | Net Income Common Stockholders |
| 22.76B | 18.25B | 21.17B | 22.96B | 18.40B | 18.32B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 143.47B | 150.93B | 130.48B | 113.70B | 97.60B | 90.66B | Total Assets |
| 362.92B | 380.40B | 359.15B | 333.07B | 307.13B | 304.18B | Total Debt |
| 42.55B | 50.89B | 64.46B | 70.39B | 70.10B | 81.55B | Net Debt |
| -100.01B | -98.89B | -65.34B | -42.55B | -27.08B | -8.57B | Total Liabilities |
| 108.13B | 133.35B | 133.02B | 132.19B | 128.48B | 135.40B | Stockholders Equity |
| 251.53B | 243.70B | 223.55B | 198.18B | 176.47B | 166.66B |
| Cash Flow | Free Cash Flow | ||||
| 0.00 | 38.46B | 28.65B | 22.13B | 24.83B | 11.98B | Operating Cash Flow |
| 0.00 | 47.26B | 37.26B | 31.74B | 39.92B | 35.83B | Investing Cash Flow |
| 0.00 | -8.13B | -11.53B | -9.48B | -12.57B | -21.62B | Financing Cash Flow |
| 0.00 | -26.02B | -17.42B | -13.52B | -20.27B | 1.04B |
Nifco Inc. Technical Analysis
Positive
3522.00
Price Trends
3559.99
Negative
3620.57
Negative
3577.73
Negative
Market Momentum
3.27
Negative
53.90
Neutral
71.90
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7988, the sentiment is Positive. The current price of 3522 is above the 20-day moving average (MA) of 3472.00, below the 50-day MA of 3559.99, and below the 200-day MA of 3577.73, indicating a neutral trend. The MACD of 3.27 indicates Negative momentum. The RSI at 53.90 is Neutral, neither overbought nor oversold. The STOCH value of 71.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:7988.
Nifco Inc. Peers Comparison
Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Performance Comparison
JP:7988
Nifco Inc.
3,553.00
-168.09
-4.52%
KOTMF
Koito Manufacturing Co
12.35
-1.65
-11.79%
MMTOF
Mitsubishi Motors
2.97
0.16
5.69%
AKBIF
AKEBONO BRAKE INDUSTRY CO
0.67
-0.43
-39.09%
BRDCF
Bridgestone
42.50
0.55
1.31%
NSANF
Nissan Motor Co
2.51
-1.15
-31.42%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.