Japanese stock alert

JAP

CLOSING UPDATE: East Japan Railway keeps rising: up 6.9% in 6 days 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).

East Japan Railway, the 2nd largest land transportation company by market capitalisation in the Japan's, extended its gains on Wednesday, rising an additional JPY155.0 (or 1.4%) to trade at JPY10,985.0. Trading volume was 1.1 times average at the end of the day. The shares have risen JPY710.0 (or 6.9%) over the past six trading days vs. the Nikkei 225 Index which has risen 2.6% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 162.27 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 2.0% discount to 12-month high of JPY11,214.41 against the 27.9% premium to 12-month low of JPY8,585.80 suggests the stock continues to push for new highs.

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

Undervaluation:

+ Price/Earnings of 14.7 [16.4]

Other Bullish Signals include:

+ Interest cover is less leveraged at 6.8 times.

+ Tobin's Q Ratio is 0.5. Compared with the rest of the market the stock is undervalued.

+ Net profit margin has averaged 8.3% in the last 3 years. This is better than the sector average of 6% and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity of 10.6% is better than sector average of 9.8%.

Note

The stock has underperformed 58% of the Japan market over the past 6 months.

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

Overvaluation:

Price/Sales of 1.5 [1.1]

Dividend yield of 1.2% [3.0%]

TODAY'S ALERTS

Afternoon Alert: East Japan Railway increases 1.1%, leads Land transportation sector higher

18 October 2017 13:09 JST

East Japan Railway Company (TO:9020) has increased 1.1% to trade at JPY10,945.0 vs. the Land transportation sector which strengthened 94.4 points (or 0.5%) to 20,037.2. Representing a weighting of about 16.7% of the sector, the stock accounted for 37.8% of today's gain. The shares have outperformed 92% of the market in the past week. Trading volume was 94% of average so far today.

Morning Alert: East Japan Railway keeps rising: up 6.4% in 6 days

18 October 2017 10:55 JST

East Japan Railway Company (TO:9020) extended its gains on Wednesday, rising an additional JPY105.0 (or 1.0%) to trade at JPY10,935.0. The shares have risen JPY660.0 (or 6.4%) over the past six trading days vs. the Nikkei 225 Index which has risen 2.5% in the same period.

RECENT ALERTS

CLOSING UPDATE: East Japan Railway keeps rising: up 5.4% in 5 days

17 October 2017 16:28 JST

East Japan Railway, the 2nd largest land transportation company by market capitalisation in the Japan's, extended its gains on Tuesday, rising an additional JPY10.0 (or 0.1%) to trade at JPY10,830.0. Trading volume was 1.1 times average at the end of the day. The shares have risen JPY555.0 (or 5.4%) over the past five trading days vs. the Nikkei 225 Index which has risen 2.5% in the same period.

Afternoon Alert: East Japan Railway keeps rising: up 5.5% in 5 days

17 October 2017 13:19 JST

East Japan Railway Company (TO:9020) extended its gains on Tuesday, rising an additional JPY25.0 (or 0.2%) to trade at JPY10,845.0. The shares have risen JPY570.0 (or 5.5%) over the past five trading days vs. the Nikkei 225 Index which has risen 2.1% in the same period.

East Japan Railway Company (TO:9020; TYO:9020; T:9020; JP:9020)

ISIN: JP3783600004

Source: www.BuySellSignals.com