Nichirei Corp
TSE:2871

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Nichirei Corp
TSE:2871
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Price: 1 897 JPY 0.96% Market Closed
Market Cap: ¥487.5B

P/E

18.3
Current
2%
More Expensive
vs 3-y average of 17.9

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
18.3
=
Market Cap
¥522.5B
/
Net Income
¥26B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
18.3
=
Market Cap
¥522.5B
/
Net Income
¥26B

Valuation Scenarios

Nichirei Corp is trading above its 3-year average

If P/E returns to its 3-Year Average (17.9), the stock would be worth ¥1 863 (2% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-7%
Maximum Upside
+4%
Average Downside
3%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 18.3 ¥1 897
0%
3-Year Average 17.9 ¥1 863
-2%
5-Year Average 17 ¥1 764.35
-7%
Industry Average 18.9 ¥1 964.43
+4%
Country Average 17 ¥1 765.71
-7%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
¥522.5B
/
Jan 2026
¥26B
=
18.3
Current
¥522.5B
/
Mar 2026
¥29.3B
=
17.8
Forward
¥522.5B
/
Mar 2027
¥27B
=
19.3
Forward
¥522.5B
/
Mar 2028
¥33.6B
=
15.5
Forward
¥522.5B
/
Mar 2029
¥38.3B
=
13.6
Forward
¥522.5B
/
Mar 2030
¥40.9B
=
12.8
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

In line with most companies in Japan
Percentile
55th
Based on 5 185 companies
55th percentile
18.3
Low
0 — 13.1
Typical Range
13.1 — 23
High
23 —
Distribution Statistics
Japan
Min 0
30th Percentile 13.1
Median 17
70th Percentile 23
Max 7 956 708

Nichirei Corp
Glance View

Market Cap
487.5B JPY
Industry
Food Products

Nichirei Corporation stands as a notable player in the global food industry, with its roots stretching back to post-war Japan. The company has grown from a modest endeavor in seafood trading to a diversified conglomerate with a significant footprint in frozen foods, logistics, and biosciences. Nichirei's primary revenue stream flows from its extensive frozen foods segment, catering to a range of culinary palettes across both domestic and international markets. By capitalizing on Japan's deep-seated love for convenience meals, Nichirei has adeptly harnessed consumer trends towards frozen ready-to-eat dishes that are both high in quality and rich in nutritional value. The company's prowess in product innovation, coupled with stringent quality control measures, ensures that it maintains a competitive edge in this saturated market. Beyond food products, Nichirei's logistics arm plays a crucial role in its operational ecosystem. As a leader in temperature-controlled logistics, the company offers comprehensive distribution solutions, tapping into Japan’s intricate web of supply chains. Its commitment to efficiency and reliability in cold storage and transportation not only supports its own operations but also serves diverse sectors including agriculture and pharmaceuticals. Nichirei's ventures into biosciences further illustrate its adaptive strategies, exploring areas such as antibodies and diagnostic reagents. This ability to diversify while maintaining core competencies in food and logistics underlines Nichirei's resilience and insight in navigating the constantly shifting landscape of global commerce.

Intrinsic Value
2 120.8 JPY
Undervaluation 11%
Intrinsic Value
Price ¥1 897
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