Nichirei Financials
| NCHEY Stock | USD 12.10 0.00 0.00% |
Nichirei |
Please note, the imprecision that can be found in Nichirei's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nichirei. Check Nichirei's Beneish M Score to see the likelihood of Nichirei's management manipulating its earnings.
Nichirei Stock Summary
Nichirei competes with BRF SA, Pilgrims Pride, John B, Seneca Foods, and Bridgford Foods. Nichirei Corporation engages in the processed foods, marine products, meat and poultry products, logistics, real estate, and biosciences businesses in Japan. The company was founded in 1942 and is headquartered in Tokyo, Japan. Nichirei Corp operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 15296 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | Nichirei Higashi-Ginza Building, |
| Sector | Consumer Defensive |
| Industry | Packaged Foods |
| Benchmark | Dow Jones Industrial |
| Website | www.nichirei.co.jp |
| Phone | 81 3 3248 2101 |
| Currency | USD - US Dollar |
Nichirei Key Financial Ratios
Nichirei's financial ratios allow both analysts and investors to convert raw data from Nichirei's financial statements into concise, actionable information that can be used to evaluate the performance of Nichirei over time and compare it to other companies across industries.| Return On Equity | 0.11 | |||
| Return On Asset | 0.0418 | |||
| Beta | 0.0532 | |||
| Z Score | 1.0 | |||
| Last Dividend Paid | 25.0 |
Nichirei Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nichirei's current stock value. Our valuation model uses many indicators to compare Nichirei value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nichirei competition to find correlations between indicators driving Nichirei's intrinsic value. More Info.Nichirei 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 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nichirei is roughly 2.54 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nichirei by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nichirei's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Nichirei Systematic Risk
Nichirei's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nichirei 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Nichirei correlated with the market. If Beta is less than 0 Nichirei generally moves in the opposite direction as compared to the market. If Nichirei Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nichirei is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nichirei is generally in the same direction as the market. If Beta > 1 Nichirei moves generally in the same direction as, but more than the movement of the benchmark.
Nichirei December 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nichirei help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nichirei. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nichirei based on widely used predictive technical indicators. In general, we focus on analyzing Nichirei Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nichirei's daily price indicators and compare them against related drivers.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 1.17 |
Additional Tools for Nichirei Pink Sheet Analysis
When running Nichirei's price analysis, check to measure Nichirei'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 Nichirei is operating at the current time. Most of Nichirei's value examination focuses on studying past and present price action to predict the probability of Nichirei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nichirei's price. Additionally, you may evaluate how the addition of Nichirei to your portfolios can decrease your overall portfolio volatility.