Nichirei Corp
OTC:NCHEY

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Nichirei Corp
OTC:NCHEY
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Price: 12.1 USD
Market Cap: $3.1B

P/B

1.7
Current
0%
Cheaper
vs 3-y average of 1.7

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.7
=
Market Cap
$522.5B
/
Total Equity
¥275B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.7
=
Market Cap
$522.5B
/
Total Equity
¥275B

Valuation Scenarios

Nichirei Corp is trading below its 3-year average

If P/B returns to its 3-Year Average (1.7), the stock would be worth $12.14 (0% upside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-26%
Maximum Upside
+0%
Average Downside
12%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.7 $12.1
0%
3-Year Average 1.7 $12.14
+0%
5-Year Average 1.7 $11.65
-4%
Industry Average 1.3 $8.98
-26%
Country Average 1.4 $9.89
-18%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
JP
Nichirei Corp
OTC:NCHEY
475.4B USD 1.7 18.3
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 77 420.4 540 752.8
CH
Nestle SA
SIX:NESN
207B CHF 6.3 23
US
Mondelez International Inc
NASDAQ:MDLZ
73.6B USD 2.9 30.6
FR
Danone SA
PAR:BN
42.6B EUR 2.6 23.8
ZA
Tiger Brands Ltd
JSE:TBS
48.6B ZAR 2.9 12.7
US
Hershey Co
NYSE:HSY
37.8B USD 8.2 43.1
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
232.8B CNY 5.6 33.1
CN
Muyuan Foods Co Ltd
SZSE:002714
230.9B CNY 3 23.6
ZA
Avi Ltd
JSE:AVI
33.1B ZAR 5.9 12.8
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.2B CHF 4.7 31.7

Market Distribution

Lower than 100% of companies in Japan
Percentile
0th
Based on 5 195 companies
0th percentile
0
Low
0 — 1.1
Typical Range
1.1 — 2.1
High
2.1 —
Distribution Statistics
Japan
Min 0
30th Percentile 1.1
Median 1.4
70th Percentile 2.1
Max 31 732 017.6

Nichirei Corp
Glance View

Market Cap
3.1B USD
Industry
Food Products

Nichirei Corporation stands as a notable player in the global food industry, with its roots stretching back to post-war Japan. The company has grown from a modest endeavor in seafood trading to a diversified conglomerate with a significant footprint in frozen foods, logistics, and biosciences. Nichirei's primary revenue stream flows from its extensive frozen foods segment, catering to a range of culinary palettes across both domestic and international markets. By capitalizing on Japan's deep-seated love for convenience meals, Nichirei has adeptly harnessed consumer trends towards frozen ready-to-eat dishes that are both high in quality and rich in nutritional value. The company's prowess in product innovation, coupled with stringent quality control measures, ensures that it maintains a competitive edge in this saturated market. Beyond food products, Nichirei's logistics arm plays a crucial role in its operational ecosystem. As a leader in temperature-controlled logistics, the company offers comprehensive distribution solutions, tapping into Japan’s intricate web of supply chains. Its commitment to efficiency and reliability in cold storage and transportation not only supports its own operations but also serves diverse sectors including agriculture and pharmaceuticals. Nichirei's ventures into biosciences further illustrate its adaptive strategies, exploring areas such as antibodies and diagnostic reagents. This ability to diversify while maintaining core competencies in food and logistics underlines Nichirei's resilience and insight in navigating the constantly shifting landscape of global commerce.

NCHEY Intrinsic Value
15.04 USD
Undervaluation 20%
Intrinsic Value
Price $12.1
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