Japanese stock alert

JAP

CLOSING UPDATE: Central Japan Railway hits 52-week high seventh time in one month 18 October 2017 16:26 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).

Central Japan Railway, the largest land transportation company by market capitalisation in the Japan's, hit a 52-week high of JPY20,690.0 today for the seventh time in the past one month and last traded at JPY20,655.0. This brought its eight-day rise to JPY980.0 or 5.0%. Compared with the Nikkei 225 Index which rose 26.9 points (or 0.1%) in the day, this represented a relative price increase of 0.7%.

Technical indicators complementing today's significant uptrend:

+ The positive 403.81 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

+ The price lifted 3.5% in the last week and jumped 6.7% in the last month.

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

Undervaluation:

+ Price/Earnings of 10.2 [16.4]

+ Return on Equity 14.3% [9.8%]

+ Return on Assets 5.5% [3.5%]

+ Return on Capital Employed 9% [6.9%]

Other Bullish Signals include:

+ Interest cover is less leveraged at 25.6 times.

+ Tobin's Q Ratio is 0.6. Compared with the rest of the market the stock is undervalued.

+ Net profit margin has averaged 18.9% in the last 3 years. This is considered superior and suggests a high margin of safety.

+ The Brand Value represents 7.9% of the estimated Enterprise Value of JPY4,550.8 billion (US$40.6 billion).

+ As per the Du Pont analysis, Return on Equity of 14.3% is better than sector average of 9.8%.

Note

The stock has underperformed 61% of the Japan market over the past 6 months.

Overbought/Bearish:

The 0.2% discount to 12-month high of JPY20,690.0 against the 25.3% premium to 12-month low of JPY16,482.11 suggests the climb might be peaking.

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

Overvaluation:

Price/Sales of 2.4 [1.1]

Dividend yield of 0.3% [3.0%]

TODAY'S ALERTS

Afternoon Alert: Central Japan Railway hits 52-week high seventh time in one month

18 October 2017 13:09 JST

Central Japan Railway Company (TO:9022) hit a 52-week high of JPY20,665.0 today for the seventh time in the past one month and last traded at JPY20,645.0. This brought its eight-day rise to JPY970.0 or 4.9%. Trading volume was 83% of average so far today.

Morning Alert: Central Japan Railway hits 52-week high seventh time in one month

18 October 2017 10:55 JST

Central Japan Railway Company (TO:9022) hit a 52-week high of JPY20,625.0 today for the seventh time in the past one month and last traded at JPY20,610.0. This brought its eight-day rise to JPY935.0 or 4.8%. Trading volume was 75% of average so far today.

RECENT ALERTS

Morning Alert: Central Japan Railway decreases 0.8%, leads Land transportation sector lower

17 October 2017 10:56 JST

Central Japan Railway Company (TO:9022) has decreased 0.8% to trade at JPY20,295.0 vs. the Land transportation sector which weakened 61.8 points (or 0.3%) to 19,859.9. Representing a weighting of about 16.7% of the sector, the stock accounted for 40.9% of today's loss. Trading volume was 95% of average so far today.

CLOSING UPDATE: Central Japan Railway hits 52-week high sixth time in one month

16 October 2017 16:33 JST

Central Japan Railway, the largest land transportation company by market capitalisation in the Japan's, hit a 52-week high of JPY20,615.0 today for the sixth time in the past one month and last traded at JPY20,450.0. This brought its six-day rise to JPY775.0 or 3.9%. Trading volume was 1.1 times average at the end of the day. Compared with the Nikkei 225 Index which rose 132.9 points (or 0.6%) in the day, this represented a relative price increase of 0.2%.

Central Japan Railway Company (TO:9022; TYO:9022; T:9022; JP:9022)

ISIN: JP3566800003

Source: www.BuySellSignals.com