Nichidai Corp. engages in development, manufacture, and sale of precision-forged dies, sintered metals, precision components, filtering equipment and metal filtering materials. It operates through the following segments: Net-Shape Business, Assembly Business, and Filter Business. The Net-Shape business segment engages in the development, manufacturing, and sale of precision forging dies as well as the mass production of precision forgings used mainly for the manufacture of automotive parts. The Assembly Business segment provides assemble parts for turbocharger installed in gasoline- and diesel-powered vehicles that match the concept of tightened environmental regulations. The Filter Business segment develops and manufactures sintered wire mesh filters mainly used for food and pharmaceutical industries, chemical and nuclear power plants, and H-IIA rockets. The company was founded on May 5, 1959 and is headquartered in Kyoto, Japan.
Fundamental metrics to determine fair value of the stock
Company’s recent performance and margins
Dividend yield, history and sustainability
Financial position and solvency of the company