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NittoBest TSE:2877 Stock Report

Last Price

JP¥825.00

Market Cap

JP¥10.0b

7D

1.5%

1Y

3.5%

Updated

21 Jun, 2024

Data

Company Financials

2877 Stock Overview

Manufactures and sells frozen, daily, canned, bagged, chilled, and retort food products in Japan.

2877 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends3/6

NittoBest Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NittoBest
Historical stock prices
Current Share PriceJP¥825.00
52 Week HighJP¥900.00
52 Week LowJP¥791.00
Beta-0.057
11 Month Change1.23%
3 Month Change-1.55%
1 Year Change3.51%
33 Year Change2.61%
5 Year Change-7.41%
Change since IPO-36.05%

Recent News & Updates

NittoBest's (TSE:2877) Solid Profits Have Weak Fundamentals

May 21
NittoBest's (TSE:2877) Solid Profits Have Weak Fundamentals

NittoBest (TSE:2877) Will Pay A Dividend Of ¥12.00

Mar 02
NittoBest (TSE:2877) Will Pay A Dividend Of ¥12.00

Recent updates

NittoBest's (TSE:2877) Solid Profits Have Weak Fundamentals

May 21
NittoBest's (TSE:2877) Solid Profits Have Weak Fundamentals

NittoBest (TSE:2877) Will Pay A Dividend Of ¥12.00

Mar 02
NittoBest (TSE:2877) Will Pay A Dividend Of ¥12.00

NittoBest (TYO:2877) May Have Issues Allocating Its Capital

May 06
NittoBest (TYO:2877) May Have Issues Allocating Its Capital

NittoBest Corporation's (TYO:2877) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Apr 15
NittoBest Corporation's (TYO:2877) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

NittoBest (TYO:2877) Has A Somewhat Strained Balance Sheet

Mar 11
NittoBest (TYO:2877) Has A Somewhat Strained Balance Sheet

What Type Of Returns Would NittoBest's(TYO:2877) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Feb 16
What Type Of Returns Would NittoBest's(TYO:2877) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Returns On Capital - An Important Metric For NittoBest (TYO:2877)

Jan 26
Returns On Capital - An Important Metric For NittoBest (TYO:2877)

Here's Why NittoBest's (TYO:2877) Statutory Earnings Are Arguably Too Conservative

Jan 05
Here's Why NittoBest's (TYO:2877) Statutory Earnings Are Arguably Too Conservative

How Does NittoBest Corporation (TYO:2877) Fare As A Dividend Stock?

Dec 15
How Does NittoBest Corporation (TYO:2877) Fare As A Dividend Stock?

NittoBest (TYO:2877) Seems To Be Using A Lot Of Debt

Nov 24
NittoBest (TYO:2877) Seems To Be Using A Lot Of Debt

Shareholder Returns

2877JP FoodJP Market
7D1.5%-0.3%-0.04%
1Y3.5%6.3%16.3%

Return vs Industry: 2877 underperformed the JP Food industry which returned 6.3% over the past year.

Return vs Market: 2877 underperformed the JP Market which returned 16.3% over the past year.

Price Volatility

Is 2877's price volatile compared to industry and market?
2877 volatility
2877 Average Weekly Movement2.4%
Food Industry Average Movement2.9%
Market Average Movement3.9%
10% most volatile stocks in JP Market7.4%
10% least volatile stocks in JP Market2.1%

Stable Share Price: 2877 has not had significant price volatility in the past 3 months.

Volatility Over Time: 2877's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19371,871Souichirou Tsukadawww.nittobest.co.jp

NittoBest Corporation manufactures and sells frozen, daily, canned, bagged, chilled, and retort food products in Japan. The company was founded in 1937 and is headquartered in Sagae, Japan.

NittoBest Corporation Fundamentals Summary

How do NittoBest's earnings and revenue compare to its market cap?
2877 fundamental statistics
Market capJP¥9.98b
Earnings (TTM)JP¥411.00m
Revenue (TTM)JP¥54.27b

24.3x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2877 income statement (TTM)
RevenueJP¥54.27b
Cost of RevenueJP¥45.19b
Gross ProfitJP¥9.08b
Other ExpensesJP¥8.67b
EarningsJP¥411.00m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)33.97
Gross Margin16.73%
Net Profit Margin0.76%
Debt/Equity Ratio69.7%

How did 2877 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

39%

Payout Ratio
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