Japanese stock alert

JAP

CLOSING UPDATE: Nidec continues significant uptrend, increases further 0.1% 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).

Nidec, the 5th largest electric appliances company by market capitalisation in the Japan's, continued its significant uptrend and increased JPY130.0 (or 0.7%) to trade at JPY17,930.0 today. Compared with the Nikkei 225 Index which rose 73.5 points (or 0.3%) in the day, this represented a relative price increase of 0.4%.

Technical indicators complementing today's significant uptrend:

+ The positive 544.57 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The stock has outperformed 89% of the Japan market over the past 6 months.

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

+ The present value of JPY1,000 invested one year ago is JPY1,691 [vs JPY1,248 for the Nikkei 225 Index].

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

Undervaluation:

+ Return on Equity 13.2% [9.1%]

+ Return on Assets 6.7% [3.5%]

+ Return on Capital Employed 13.2% [7.2%]

Other Bullish Signals include:

+ Net profit margin has averaged 8.2% in the last 3 years. This is better than the sector average of 4.7% 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 9.1%.

Note

Bearish Signals:

Tobin's Q Ratio is 3.2. Compared with the rest of the market the stock is overvalued and ranks in the bottom 10% of stocks by value of Q Ratio.

Overbought/Bearish:

The 0.6% discount to 12-month high of JPY18,045.0 against the 85.2% premium to 12-month low of JPY9,680.67 suggests the climb might be peaking.

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

Overvaluation:

Price/Earnings of 44.6 [28.1]

Price/Earnings/Growth of 1.77 [0.2]

Price/Sales of 4 [1.2]

Price to Book of 10.5 [3.0]

Dividend yield of 0.5% [1.4%]

TODAY'S ALERTS

Afternoon Alert: Nidec continues significant uptrend, increases 0.6%

19 January 2018 13:03 JST

Nidec Corporation (TO:6594) continued its significant uptrend and increased JPY105.0 (or 0.6%) to trade at JPY17,905.0 today.

Morning Alert: Nidec continues significant uptrend, increases 0.3%

19 January 2018 11:03 JST

Nidec Corporation (TO:6594) continued its significant uptrend and increased JPY50.0 (or 0.3%) to trade at JPY17,850.0 today.

RECENT ALERTS

CLOSING UPDATE: Nidec keeps rising: up 6.4% in 5 days

18 January 2018 16:29 JST

Nidec, the 5th largest electric appliances company by market capitalisation in the Japan's, extended its gains on Thursday, rising an additional JPY280.0 (or 1.6%) to trade at JPY17,800.0. Trading volume was 1.8 times average at the end of the day. The shares have risen JPY1,070.0 (or 6.4%) over the past five trading days vs. the Nikkei 225 Index which has risen 0.2% in the same period.

Afternoon Alert: Nidec keeps rising: up 6.7% in 5 days

18 January 2018 13:03 JST

Nidec Corporation (TO:6594) extended its gains on Thursday, rising an additional JPY330.0 (or 1.9%) to trade at JPY17,850.0. Trading volume was 1.7 times average so far today. The shares have risen JPY1,120.0 (or 6.7%) over the past five trading days vs. the Nikkei 225 Index which has risen 1.1% in the same period.

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

ISIN: JP3734800000

Source: www.BuySellSignals.com