Added to YB: 2026-09-16
Pitch date: 2026-09-14
7018.T [neutral]
Naikai Zosen Corporation
Author Info
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Company Info
Naikai Zosen Corporation engages in shipbuilding business in Japan, Panama, Singapore, and internationally.
Market Cap
JPY 21.5B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
0.84
P/E
7.70
EV/Sales
0.08
Sector
Machinery
Category
value
Naikai Zosen Corporation - $7018.T
7018.T (quick overview): Naikai Zosen is a Japanese builder of mid-size ferries, RO-RO cargo ships and, more recently, Japan Ground Self-Defense Force landing craft. Net cash equals 90% of its JPY20.4B market cap, but upfront customer payments against years of future work distort that apparent balance-sheet value. The stock trades at 7.3x trailing earnings and 1.39x book; FY2026 operating profit appears cyclically high, and management’s FY2027 guidance calls for it to roughly halve.
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