Japanese stock alert

JAP

CLOSING UPDATE: Nidec decreases gains by 0.4% - outperforming 84% of stocks 15 June 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).

Nidec, the 3rd largest electric appliances company by market capitalisation in the Japan's, has increased JPY165.0 (or 1.0%) today to trade at JPY17,370.0 and has outperformed 84% of the market in the past one year. The present value of JPY1,000 invested one year ago is JPY1,547 [vs JPY1,152 for the Nikkei 225 Index], including a capital gain of JPY537 and dividend reinvested of JPY10. Compared with the Nikkei 225 Index which rose 113.1 points (or 0.5%) in the day, this represented a relative price increase of 0.5%.

Technical indicators complementing today's significant uptrend:

+ The positive 77.68 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

Undervaluation:

+ Return on Equity 13.2% [9.2%]

+ Return on Assets 6.7% [3.6%]

+ Return on Capital Employed 13.2% [8.7%]

Other Bullish Signals include:

+ Net profit margin has averaged 8.2% in the last 3 years. This is better than the sector average of 5% and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity of 13.2% is better than sector average of 9.2%.

Note

Bearish Signals:

The price decreased 1.3% in the last month.

Tobin's Q Ratio is 3.1. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

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

Overvaluation:

Price/Earnings of 46.1 [24.4]

Price/Earnings/Growth of 1.86 [0.3]

Price/Sales of 4.3 [1.1]

Price to Book of 10.2 [2.6]

Dividend yield of 0.6% [1.4%]

TODAY'S ALERTS

Afternoon Alert: Nidec increases 1.4% - outperforming 85% of stocks

15 June 2018 13:01 JST

Nidec Corporation (TO:6594) has increased JPY235.0 (or 1.4%) today to trade at JPY17,440.0 and has outperformed 85% of the market in the past one year. The present value of JPY1,000 invested one year ago is JPY1,554 [vs JPY1,151 for the Nikkei 225 Index], including a capital gain of JPY544 and dividend reinvested of JPY10.

Morning Alert: Nidec increases 1.2% - outperforming 85% of stocks

15 June 2018 11:14 JST

Nidec Corporation (TO:6594) has increased JPY205.0 (or 1.2%) today to trade at JPY17,410.0 and has outperformed 85% of the market in the past one year. The present value of JPY1,000 invested one year ago is JPY1,551 [vs JPY1,150 for the Nikkei 225 Index], including a capital gain of JPY541 and dividend reinvested of JPY10.

RECENT ALERTS

CLOSING UPDATE: Nidec up 4.0% in 2 days

13 June 2018 16:38 JST

Nidec, the 3rd largest electric appliances company by market capitalisation in the Japan's, extended its gains on Wednesday, rising an additional JPY145.0 (or 0.8%) to trade at JPY17,610.0. Trading volume was 1.2 times average at the end of the day. The shares have risen JPY670.0 (or 4.0%) over the past two trading days vs. the Nikkei 225 Index which has risen 0.7% in the same period.

Afternoon Alert: Nidec up 3.8% in 2 days

13 June 2018 13:02 JST

Nidec Corporation (TO:6594) extended its gains on Wednesday, rising an additional JPY125.0 (or 0.7%) to trade at JPY17,590.0. Trading volume was 1.1 times average so far today. The shares have risen JPY650.0 (or 3.8%) over the past two trading days vs. the Nikkei 225 Index which has risen 0.6% in the same period.

Nidec Corporation (TO:6594; TYO:6594; T:6594; JP:6594)

ISIN: JP3734800000

Source: www.BuySellSignals.com