Japanese stock alert
CLOSING UPDATE: Nippon Telegraph and Telephone decreases 1.4% - underperforming 87% of stocks 18 January 2018 16:29 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).
Nippon Telegraph and Telephone, the largest information & communication company by market capitalisation in the Japan's, has decreased JPY74.0 (or 1.4%) today to trade at JPY5,148.0 and has underperformed 87% of the market in the past week. Compared with the Nikkei 225 Index which fell 105.0 points (or 0.4%) in the day, this represented a relative price change of -1.0%.
Technical indicators complementing today's significant downtrend:
+ The negative 98.99 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.
+ The price sank 4.2% in the last week.
Other Bearish Signals include:
+ Net profit margin has averaged 7.5% in the last 3 years. This is lower than the sector average of 8.1% and suggests a low margin of safety.
Nippon Telegraph and Telephone today is at a discount of 12.8% to the 12-month high of JPY5,905.0 on 30 Nov, 2017. It is at a premium of 12.8% to the 12-month low of JPY4,562.52 on 17 Feb, 2017.
In the last three months the stock has hit a new 52-week high twelve times, pointing to a significant uptrend.
Interest cover is less leveraged at 41.5 times.
Total Liabilities/EBITDA of 3.2 is comfortably below the Joseph Piotroski benchmark of <5.
Tobin's Q Ratio is 0.5. Compared with the rest of the market the stock is undervalued.
As per the Du Pont analysis, Return on Equity of 14.6% is better than sector average of 10.9%.
Fundamental measures by comparison with the sector average [in brackets] indicate:
Price/Sales of 0.9 [1.4]
Price to Book of 1.8 [4.4]
Dividend yield of 2.6% [1.6%]
Return on Equity 14.6% [10.9%]
Afternoon Alert: Nippon Telegraph and Telephone decreases 0.7%, leads Information & communication sector lower
18 January 2018 13:03 JST
Nippon Telegraph and Telephone Corp. (TO:9432) has decreased 0.7% to trade at JPY5,188.0 vs. the Information & communication sector which weakened 65.7 points (or 0.3%) to 20,349.4. Representing a weighting of about 15.8% of the sector, the stock accounted for 32.1% of today's loss. The shares have underperformed 86% of the market in the past week. Trading volume was 74% of average so far today.
Morning Alert: Nippon Telegraph and Telephone decreases 0.6% - underperforming 88% of stocks
18 January 2018 11:03 JST
Nippon Telegraph and Telephone Corp. (TO:9432) has decreased JPY33.0 (or 0.6%) today to trade at JPY5,189.0 and has underperformed 88% of the market in the past week.
Afternoon Alert: Nippon Telegraph and Telephone decreases 0.4% - underperforming 85% of stocks
17 January 2018 13:03 JST
Nippon Telegraph and Telephone Corp. (TO:9432) has decreased JPY23.0 (or 0.4%) today to trade at JPY5,211.0 and has underperformed 85% of the market in the past week.
Morning Alert: Nippon Telegraph and Telephone increases 1.0%, leads market higher
16 January 2018 11:01 JST
Nippon Telegraph and Telephone Corp. (TO:9432) has increased 1.0% to trade at JPY5,215.0 vs. the Nikkei 225 Index which strengthened 60.0 points (or 0.2%) to 23,774.9. Representing a weighting of about 2.7% of the index, the stock accounted for 11.1% of today's gain. Trading volume was 83% of average so far today.
Nippon Telegraph and Telephone Corp. (TO:9432; TYO:9432; T:9432; JP:9432)