Nitto Denko Financials
| NDEKF Stock | USD 18.40 1.45 8.55% |
Nitto |
Nitto Denko Stock Summary
Nitto Denko competes with Minerals Technologies, Hawkins, NewMarket, Ecovyst, and Element Solutions. Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan and internationally. Nitto Denko Corporation was incorporated in 1918 and is headquartered in Osaka, Japan. Nitto Denko operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 25961 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | Grand Front Osaka, |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Benchmark | Dow Jones Industrial |
| Website | www.nitto.com |
| Phone | 81 6 7632 2101 |
| Currency | USD - US Dollar |
Nitto Denko Key Financial Ratios
There are many critical financial ratios that Nitto Denko's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nitto Denko reports annually and quarterly.| Return On Equity | 0.14 | |||
| Return On Asset | 0.0886 | |||
| Beta | 1.1 | |||
| Z Score | 22.2 | |||
| Last Dividend Paid | 230.0 |
Nitto Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nitto Denko's current stock value. Our valuation model uses many indicators to compare Nitto Denko value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nitto Denko competition to find correlations between indicators driving Nitto Denko's intrinsic value. More Info.Nitto Denko is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nitto Denko is roughly 1.55 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nitto Denko's earnings, one of the primary drivers of an investment's value.Nitto Denko Systematic Risk
Nitto Denko's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nitto Denko volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Nitto Denko correlated with the market. If Beta is less than 0 Nitto Denko generally moves in the opposite direction as compared to the market. If Nitto Denko Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nitto Denko is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nitto Denko is generally in the same direction as the market. If Beta > 1 Nitto Denko moves generally in the same direction as, but more than the movement of the benchmark.
Nitto Denko February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nitto Denko help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nitto Denko. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nitto Denko based on widely used predictive technical indicators. In general, we focus on analyzing Nitto Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nitto Denko's daily price indicators and compare them against related drivers.
| Information Ratio | 0.082 | |||
| Maximum Drawdown | 9.79 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 4.06 |
Complementary Tools for Nitto Pink Sheet analysis
When running Nitto Denko's price analysis, check to measure Nitto Denko's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nitto Denko is operating at the current time. Most of Nitto Denko's value examination focuses on studying past and present price action to predict the probability of Nitto Denko's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nitto Denko's price. Additionally, you may evaluate how the addition of Nitto Denko to your portfolios can decrease your overall portfolio volatility.
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