Nireco Corp
TSE:6863
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
P/B
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.
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.
Valuation Scenarios
If P/B returns to its 3-Year Average (0.7), the stock would be worth ¥1 596.86 (24% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.9 | ¥2 114 |
0%
|
| 3-Year Average | 0.7 | ¥1 596.86 |
-24%
|
| 5-Year Average | 0.6 | ¥1 360.76 |
-36%
|
| Industry Average | 1.4 | ¥3 164.57 |
+50%
|
| Country Average | 1.4 | ¥3 235.03 |
+53%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| JP |
|
Nireco Corp
TSE:6863
|
15.1B JPY | 0.9 | 11 | |
| JP |
F
|
Fujitec Co Ltd
TSE:6406
|
2 720 795.8T JPY | 0 | 0 | |
| JP |
I
|
Ishii Iron Works Co Ltd
TSE:6362
|
304.2T JPY | 24 437.1 | 363 670.8 | |
| JP |
S
|
Star Micronics Co Ltd
TSE:7718
|
48T JPY | 1 | 29.8 | |
| US |
|
Parker-Hannifin Corp
NYSE:PH
|
121.4B USD | 8.3 | 33.7 | |
| JP |
|
Freund Corp
TSE:6312
|
16.9T JPY | 1 012.7 | 8 494.3 | |
| JP |
|
Mitsubishi Heavy Industries Ltd
TSE:7011
|
16.1T JPY | 6.2 | 57.4 | |
| SE |
|
Atlas Copco AB
STO:ATCO A
|
839.4B SEK | 7.6 | 31.8 | |
| US |
|
Illinois Tool Works Inc
NYSE:ITW
|
77.5B USD | 23.8 | 25.1 | |
| US |
|
Barnes Group Inc
NYSE:B
|
65.6B USD | 2.4 | 12.8 | |
| SE |
|
Sandvik AB
STO:SAND
|
477B SEK | 4.8 | 32.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.1 |
| Median | 1.4 |
| 70th Percentile | 2.1 |
| Max | 31 732 017.6 |
Other Multiples
Nireco Corp
Glance View
Nireco Corp. engages in the development, manufacture and sale of control, measurement and testing equipment for industrial use. The company is headquartered in Hachioji-Shi, Tokyo-To and currently employs 427 full-time employees. The firm operates in three business segments. The Process segment offers process control equipment, automatic identification printing equipment, edge position control equipment for metal, level gauges for vortex molten steel and wide board gauges, among others. The Web segment provides edge position control equipment for printing and films, tension control equipment, registration control equipment and starch equipment. The Inspection Equipment segment offers plain inspection equipment, image processing and analyzing equipment, near-infrared analyzing system and fruit sorting equipment, among others. As of March 31, 2014, the Company had three subsidiaries.