Japanese stock alert

JAP

CLOSING UPDATE: Fanuc keeps sliding: down 5.2% in 3 days 19 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).

Fanuc, the 3rd largest electric appliances company by market capitalisation in the Japan's, extended its slide on Friday, shedding an additional JPY160.0 (or 0.5%) to trade at JPY31,710.0. Trading volume was 1.2 times average at the end of the day. The shares have fallen JPY1,740.0 (or 5.2%) over the past three trading days vs. the Nikkei 225 Index which has fallen 0.6% in the same period.

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

Overvaluation:

+ Price/Earnings of 40.1 [28.1]

+ Price/Sales of 10.3 [1.2]

+ Price to Book of 4.7 [3.0]

Bearish Signals:

+ Tobin's Q Ratio is 4.1. Compared with the rest of the market the stock is overvalued and ranks in the bottom 7% of stocks by value of Q Ratio.

Note

Bullish Signals:

The positive 1,352.43 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The 5.2% discount to 12-month high of JPY33,450.0 against the 54.2% premium to 12-month low of JPY20,561.60 suggests the stock continues to push for new highs.

The stock has outperformed 84% of the Japan market over the past 6 months.

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

The price increased 0.2% in the last week and soared 17.2% in the last month.

The present value of JPY1,000 invested one year ago is JPY1,549 [vs JPY1,248 for the Nikkei 225 Index].

Total Liabilities/EBITDA of 1.2 is comfortably below the Joseph Piotroski benchmark of <5.

Net profit margin has averaged 26% in the last 3 years. This is considered superior and suggests a high margin of safety.

As per the Du Pont analysis, Return on Equity of 9.3% is better than sector average of 9.1%.

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

Undervaluation:

Return on Assets 8.2% [3.5%]

Return on Capital Employed 11.7% [7.2%]

TODAY'S ALERT

Afternoon Alert: Fanuc keeps sliding: down 5.3% in 3 days

19 January 2018 13:03 JST

Fanuc Corporation (TO:6954) extended its slide on Friday, shedding an additional JPY190.0 (or 0.6%) to trade at JPY31,680.0. Trading volume was 58% of average so far today. The shares have fallen JPY1,770.0 (or 5.3%) over the past three trading days vs. the Nikkei 225 Index which has fallen 0.5% in the same period.

RECENT ALERTS

CLOSING UPDATE: Fanuc down 4.7% in 2 days

18 January 2018 16:29 JST

Fanuc, the 3rd largest electric appliances company by market capitalisation in the Japan's, extended its slide on Thursday, shedding an additional JPY430.0 (or 1.3%) to trade at JPY31,870.0. Trading volume was 2.8 times average at the end of the day. The shares have fallen JPY1,580.0 (or 4.7%) over the past two trading days vs. the Nikkei 225 Index which has fallen 0.8% in the same period.

Afternoon Alert: Fanuc down 3.8% in 2 days

18 January 2018 13:03 JST

Fanuc Corporation (TO:6954) extended its slide on Thursday, shedding an additional JPY120.0 (or 0.4%) to trade at JPY32,180.0. Trading volume was 1.4 times average so far today. The shares have fallen JPY1,270.0 (or 3.8%) over the past two trading days vs. the Nikkei 225 Index which has risen 0.1% in the same period.

Fanuc Corporation (TO:6954; TYO:6954; T:6954; JP:6954)

ISIN: JP3802400006

Source: www.BuySellSignals.com