Added to YB: 2024-08-26
Pitch date: 2024-08-24
9066.T [bullish]
Nissin Corporation
+100.79%
current return
Author Info
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Company Info
Nissin Corporation provides logistics services in Japan, Europe, the Americas, China, Russia, rest of Asia, and internationally.
Market Cap
JPY 64.7B
Pitch Price
JPY 4.0K
Price Target
10.0K (+24%)
Dividend
N/A
EV/EBITDA
5.45
P/E
5.93
EV/Sales
0.48
Sector
Transportation Infrastructure
Category
value
Nissin Corp. (9066) Is Still Cheap
9066.T: Trading at 0.71x PB, 5.9x PE. 70% of market cap in cash/securities. 28% float buyback in past year. Undervalued assets due to Japanese accounting. 10000 JPY price target (2.4x current). Catalysts: shareholder returns, logistics M&A boom. Risks: growth targets, cross-shareholding.
Read full article (7 min)