Japanese stock alert

JAP

CLOSING UPDATE: Chugai Pharmaceutical hits 52-week high thirteenth time in one month 21 September 2018 16:53 JST

NEWS BITES - JAPAN

This is an end of day Alert, produced after today's Japan market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Chugai Pharmaceutical, the 2nd largest pharmaceuticals company by market capitalisation in the Japan's, hit a 52-week high of JPY7,110.0 today for the 13th time in the past one month and last traded at JPY7,020.0. Trading volume was 1.5 times average at the end of the day. Compared with the Nikkei 225 Index which rose 195.0 points (or 0.8%) in the day, this represented a relative price change of -1.0%.

Technical indicators complementing today's significant uptrend:

+ The positive 237.54 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The stock has outperformed 90% of the Japan market over the past 6 months.

+ In the last one month the stock has hit a new 52-week high thirteen times, pointing to a significant uptrend.

+ The price climbed 5.2% in the last week and soared 14.9% in the last month.

+ The present value of JPY1,000 invested one year ago is JPY1,568 [vs JPY1,173 for the Nikkei 225 Index].

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Return on Equity 10.7% [8.1%]

+ Return on Assets 8.6% [5.5%]

+ Return on Capital Employed 13.3% [9.3%]

+ Year-on-Year Earnings Growth of 35.6% [15.4%]

Other Bullish Signals include:

+ Total Liabilities/EBITDA of 1.6 is comfortably below the Joseph Piotroski benchmark of <5.

+ Net profit margin has averaged 12.4% in the last 3 years. This is better than the sector average of 10% and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity of 10.7% is better than sector average of 8.1%.

Note

Bearish Signals:

Tobin's Q Ratio is 4.6. Compared with the rest of the market the stock is overvalued and ranks in the bottom 5% of stocks by value of Q Ratio.

Overbought/Bearish:

The 1.3% discount to 12-month high of JPY7,110.0 against the 56.0% premium to 12-month low of JPY4,500.55 suggests the climb might be peaking.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price/Earnings of 45.0 [31.6]

Price/Earnings/Growth of 3.71 [2.0]

Price/Sales of 6.9 [3.4]

Price to Book of 5.9 [3.9]

Dividend yield of 0.9% [1.6%]

TODAY'S ALERTS

Afternoon Alert: Chugai Pharmaceutical hits 52-week high thirteenth time in one month

21 September 2018 13:03 JST

Chugai Pharmaceutical Co Ltd. (TO:4519) hit a 52-week high of JPY7,110.0 today for the 13th time in the past one month and last traded at JPY6,970.0. Trading volume was 56% of average so far today.

Morning Alert: Chugai Pharmaceutical hits 52-week high thirteenth time in one month

21 September 2018 11:11 JST

Chugai Pharmaceutical Co Ltd. (TO:4519) hit a 52-week high of JPY7,110.0 today for the 13th time in the past one month and last traded at JPY7,000.0. Trading volume was 52% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Chugai Pharmaceutical keeps rising: up 5.4% in 3 days

20 September 2018 16:35 JST

Chugai Pharmaceutical, the 2nd largest pharmaceuticals company by market capitalisation in the Japan's, extended its gains on Thursday, rising an additional JPY50.0 (or 0.7%) to trade at JPY7,030.0. Trading volume was 1.3 times average at the end of the day. The shares have risen JPY360.0 (or 5.4%) over the past three trading days vs. the Nikkei 225 Index which has risen 2.5% in the same period.

Afternoon Alert: Chugai Pharmaceutical keeps rising: up 4.9% in 3 days

20 September 2018 12:59 JST

Chugai Pharmaceutical Co Ltd. (TO:4519) extended its gains on Thursday, rising an additional JPY20.0 (or 0.3%) to trade at JPY7,000.0. Trading volume was 45% of average so far today. The shares have risen JPY330.0 (or 4.9%) over the past three trading days vs. the Nikkei 225 Index which has risen 2.5% in the same period.

Chugai Pharmaceutical Co Ltd. (TO:4519; TYO:4519; T:4519; JP:4519)

ISIN: JP3519400000

Source: www.BuySellSignals.com