Nichirei Corp
TSE:2871

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Nichirei Corp
TSE:2871
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Price: 1 897 JPY 0.96% Market Closed
Market Cap: ¥487.5B

P/OCF

8.5
Current
1%
Cheaper
vs 3-y average of 8.6

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
8.5
=
Market Cap
¥522.5B
/
Operating Cash Flow
¥55.9B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
8.5
=
Market Cap
¥522.5B
/
Operating Cash Flow
¥55.9B

Valuation Scenarios

Nichirei Corp is trading below its 3-year average

If P/OCF returns to its 3-Year Average (8.6), the stock would be worth ¥1 917.92 (1% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-3%
Maximum Upside
+35%
Average Upside
15%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 8.5 ¥1 897
0%
3-Year Average 8.6 ¥1 917.92
+1%
5-Year Average 8.2 ¥1 839.25
-3%
Industry Average 11 ¥2 451.41
+29%
Country Average 11.5 ¥2 555.38
+35%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
JP
Nichirei Corp
TSE:2871
475.4B JPY 8.5 18.3
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 324 863.9 540 752.8
CH
Nestle SA
SIX:NESN
207B CHF 12.9 22.7
US
Mondelez International Inc
NASDAQ:MDLZ
75B USD 16.6 30.6
FR
Danone SA
PAR:BN
43.1B EUR 11.3 23.5
ZA
Tiger Brands Ltd
JSE:TBS
48.6B ZAR 21.4 12.8
US
Hershey Co
NYSE:HSY
38.1B USD 16.7 43.2
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
229.3B CNY 29.6 32.6
CN
Muyuan Foods Co Ltd
SZSE:002714
236.5B CNY 11.4 25.2
ZA
Avi Ltd
JSE:AVI
33.1B ZAR 10.8 12.8
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.2B CHF 44.1 31.6

Market Distribution

In line with most companies in Japan
Percentile
34rd
Based on 4 634 companies
34rd percentile
8.5
Low
0.1 — 8
Typical Range
8 — 16
High
16 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 8
Median 11.5
70th Percentile 16
Max 277 515 329.3

Nichirei Corp
Glance View

Market Cap
487.5B JPY
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.

Intrinsic Value
2 120.8 JPY
Undervaluation 11%
Intrinsic Value
Price ¥1 897
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