Professional
Added to YB: 2024-05-28
Pitch date: 2024-03-31
7988.T [bullish]
Nifco Inc.
+30.06%
current return
Author Info
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Company Info
Nifco Inc. manufactures and sells industrial plastic parts and components in Japan, rest of Asia, North America, Mexico, and Europe.
Market Cap
JPY 327.4B
Pitch Price
JPY 3.8K
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.52
P/E
7.44
EV/Sales
0.62
Sector
Automobile Components
Category
value
Show full summary:
Harris Associates Japan Strategy New Position: Nifco Inc.
Nifco (7988.T): Plastic auto parts mfr in niche market w/ steady demand from weight reduction & aesthetics trends. Flexible costs protect profits in downturns. New mgmt improved governance & capital return. Bought at discount to intrinsic value despite strong fundamentals.
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