The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
In a short-term perspective, the company has interesting fundamentals.
The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at JPY 645.7 JPY in weekly data.
The close medium term support offers good timing for purchasing the stock.
The company shows low valuation levels, with an enterprise value at 0.32 times its sales.
Its low valuation, with P/E ratio at 8.73 and 9.36 for the ongoing fiscal year and 2019 respectively, makes the stock pretty attractive with regard to earnings multiples.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
According to Thomson-Reuters' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
Revenue estimates are regularly revised downwards for the current and coming years.
Analysts covering the stock have recently lowered their earnings forecast.
The underlying tendency is negative on the weekly chart below the resistance at 762 JPY