Added to YB: 2024-03-20
Pitch date: 2024-03-18
1475.HK [bullish]
Nissin Foods Company Limited
+46.12%
current return
Author Info
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Nissin Foods Company Limited manufactures and sells instant noodles in Hong Kong, Mainland China, Canada, Australia, the United States, Taiwan, Macau, and internationally.
Market Cap
HKD 5.2B
Pitch Price
HKD 4.68
Price Target
N/A
Dividend
3.20%
EV/EBITDA
7.34
P/E
15.26
EV/Sales
0.95
Sector
Food Products
Category
value
Show full summary:
$1475:HK Reputable consumer staple brand with huge TAM trading at EV/EBIT under 8
1475.HK: Nissin Foods trades near 52wk low despite strong fundamentals - net income CAGR of 9.2% (2014-2022), EV/EBIT <8. Subsidiary of Nissin Foods Holdings (2897:TYO), leveraging parent's scale & innovation. #6 in China w/ growth potential. Risks: anti-Japanese sentiment, HK mkt concerns.
Read full article (6 min)