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Nitcho TSE:2961 Stock Report

Last Price

JP¥3.10k

Market Cap

JP¥3.5b

7D

0%

1Y

13.6%

Updated

25 Nov, 2024

Data

Company Financials

2961 Stock Overview

Manufactures and supplies commercial kitchen equipment in Japan. More details

2961 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

Nitcho Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nitcho
Historical stock prices
Current Share PriceJP¥3,100.00
52 Week HighJP¥4,260.00
52 Week LowJP¥2,642.00
Beta0.030
11 Month Change-10.14%
3 Month Change-15.07%
1 Year Change13.55%
33 Year Change24.75%
5 Year Changen/a
Change since IPO15.33%

Recent News & Updates

Investors Will Want Nitcho's (TSE:2961) Growth In ROCE To Persist

Nov 20
Investors Will Want Nitcho's (TSE:2961) Growth In ROCE To Persist

Investors Still Aren't Entirely Convinced By Nitcho Corporation's (TSE:2961) Earnings Despite 32% Price Jump

Sep 04
Investors Still Aren't Entirely Convinced By Nitcho Corporation's (TSE:2961) Earnings Despite 32% Price Jump

Recent updates

Investors Will Want Nitcho's (TSE:2961) Growth In ROCE To Persist

Nov 20
Investors Will Want Nitcho's (TSE:2961) Growth In ROCE To Persist

Investors Still Aren't Entirely Convinced By Nitcho Corporation's (TSE:2961) Earnings Despite 32% Price Jump

Sep 04
Investors Still Aren't Entirely Convinced By Nitcho Corporation's (TSE:2961) Earnings Despite 32% Price Jump

Nitcho (TSE:2961) Could Easily Take On More Debt

Aug 02
Nitcho (TSE:2961) Could Easily Take On More Debt

Shareholder Returns

2961JP MachineryJP Market
7D0%-0.8%-0.5%
1Y13.6%15.3%10.8%

Return vs Industry: 2961 underperformed the JP Machinery industry which returned 15.3% over the past year.

Return vs Market: 2961 exceeded the JP Market which returned 10.8% over the past year.

Price Volatility

Is 2961's price volatile compared to industry and market?
2961 volatility
2961 Average Weekly Movement4.4%
Machinery Industry Average Movement3.8%
Market Average Movement3.8%
10% most volatile stocks in JP Market7.6%
10% least volatile stocks in JP Market2.1%

Stable Share Price: 2961 has not had significant price volatility in the past 3 months compared to the JP market.

Volatility Over Time: 2961's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1947535Yuji Saitowww.nitcho.co.jp

Nitcho Corporation manufactures and supplies commercial kitchen equipment in Japan. The company produces and sells food processing machinery and appliances; and general machinery and equipment, as well as imports and exports related machinery and appliances. It is also involved in the construction and installation of machinery and equipment.

Nitcho Corporation Fundamentals Summary

How do Nitcho's earnings and revenue compare to its market cap?
2961 fundamental statistics
Market capJP¥3.51b
Earnings (TTM)JP¥700.00m
Revenue (TTM)JP¥18.44b

5.0x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2961 income statement (TTM)
RevenueJP¥18.44b
Cost of RevenueJP¥13.07b
Gross ProfitJP¥5.37b
Other ExpensesJP¥4.67b
EarningsJP¥700.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)616.46
Gross Margin29.13%
Net Profit Margin3.80%
Debt/Equity Ratio3.3%

How did 2961 perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

n/a

Payout Ratio

Does 2961 pay a reliable dividends?

See 2961 dividend history and benchmarks
When do you need to buy 2961 by to receive an upcoming dividend?
Nitcho dividend dates
Ex Dividend DateSep 27 2024
Dividend Pay DateDec 23 2024
Days until Ex dividend59 days
Days until Dividend pay date28 days

Does 2961 pay a reliable dividends?

See 2961 dividend history and benchmarks