● 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.
Strengths
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Historically, the company has been releasing figures that are above expectations.
● As regards fundamentals, the enterprise value to sales ratio is at 0.8 for the current period. Therefore, the company is undervalued.
● With a P/E ratio at 11.63 for the current year and 11.34 for next year, earnings multiples are highly attractive compared with competitors.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
● The stock is in a well-established, long-term rising trend above the technical support level at 1960 JPY
Weaknesses
● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
● Technically, the stock approaches a strong medium-term resistance at JPY 2414.
● The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.