Japanese stock alert

JAP

CLOSING UPDATE: Sony decreases further 0.3%, led Electric appliances sector lower 20 September 2018 16:35 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).

Sony, the largest electric appliances company by market capitalisation in Japan's, has decreased 1.6% to trade at JPY6,574.0 vs. the Electric appliances sector which weakened 141.0 points (or 0.5%) to 28,252.8. Representing a weighting of about 10.0% of the sector, the stock accounted for 32.3% of today's loss. Trading volume was 87% of average at the end of the day. Compared with the Nikkei 225 Index which rose 2.4 points (or 0.01%) in the day, this represented a relative price change of -1.6%.

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

Overvaluation:

+ Price to Book of 3.2 [2.4]

+ Dividend yield of 0.4% [1.4%]

+ Return on Assets 2.9% [5.9%]

+ Return on Capital Employed 5.3% [8.6%]

Bearish Signals:

+ Net profit margin has averaged 3.6% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

Note

Bullish Signals:

The positive 149.34 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The 2.9% discount to 12-month high of JPY6,773.0 against the 63.1% premium to 12-month low of JPY4,029.35 suggests the stock continues to push for new highs.

In the last three months the stock has hit a new 52-week high seventeen times, pointing to a significant uptrend.

The price lifted 2.8% in the last week and jumped 9.6% in the last month.

The present value of JPY1,000 invested one year ago is JPY1,566 [vs JPY1,166 for the Nikkei 225 Index].

The company is cash rich with Cash to Market Capitalisation at 14.1%.

Interest cover is less leveraged at 52.5 times.

Tobin's Q Ratio is 0.4. Compared with the rest of the market the stock is undervalued.

The Brand Value represents an impressive 10.4% of the estimated Enterprise Value of JPY10,373.8 billion (US$92.5 billion).

As per the Du Pont analysis, Return on Equity of 15.0% is better than sector average of 12.6%.

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

Undervaluation:

Return on Equity 15.0% [12.6%]

TODAY'S ALERTS

Afternoon Alert: Sony decreases 1.3%, leads Electric appliances sector lower

20 September 2018 12:59 JST

Sony Corporation (TO:6758) has decreased 1.3% to trade at JPY6,595.0 vs. the Electric appliances sector which weakened 152.2 points (or 0.5%) to 28,241.7. Representing a weighting of about 10.0% of the sector, the stock accounted for 24.2% of today's loss. Trading volume was 69% of average so far today.

Morning Alert: Sony decreases 1.2%, leads Electric appliances sector lower

20 September 2018 11:13 JST

Sony Corporation (TO:6758) has decreased 1.2% to trade at JPY6,605.0 vs. the Electric appliances sector which weakened 49.3 points (or 0.2%) to 28,344.6. Representing a weighting of about 10.0% of the sector, the stock accounted for 67.8% of today's loss. Trading volume was 79% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Sony hits 52-week high seventh time in one month

19 September 2018 16:34 JST

Sony, the largest electric appliances company by market capitalisation in Japan's, hit a 52-week high of JPY6,773.0 today for the seventh time in the past one month and last traded at JPY6,682.0. Compared with the Nikkei 225 Index which rose 252.0 points (or 1.1%) in the day, this represented a relative price change of -0.6%.

Morning Alert: Sony hits 52-week high seventh time in one month

19 September 2018 11:13 JST

Sony Corporation (TO:6758) hit a 52-week high of JPY6,773.0 today for the seventh time in the past one month and last traded at JPY6,757.0. Trading volume was 1.2 times average so far today.

Sony Corporation (TO:6758; TYO:6758; T:6758; JP:6758)

ISIN: JP3435000009

Source: www.BuySellSignals.com