Today I will talk about NIC Autotec, an excellent small company that mainly manufactures equipment for factory automation. It’s listed on the TSE JASDAQ.
※The above images are from NIC Autotec’s website
NIC Autotec is headquartered in a local city called Toyama and develops and manufactures factory automation equipment such as conveyors, inspection machines, and cleaning equipment and booths used in clean rooms.
Although the scale of the company is not large, it is characterized by dealing with a wide range of industries, not only for industrial products but also for pharmaceuticals or foods.
￥832（7/23 last closing price) The latest stock price← click here Trading unit: 100
The final month of the settlement : March
Dividend yield 4.93%
PER 11.33 PBR 0.98
Equity ratio 60.0%
Beginning this year, automobile-related inspection and cleaning equipment have fallen sharply due to Covid-19.
NIC Autotec expects a slight recovery in the second half, but the key point is whether it can make up for the semiconductor and 5G markets.
There are no plans for workforce reduction or temporary layoffs.
Transition of business results
|
|
Net sales |
Operating profit |
Net profit |
Net profit per share |
dividend |
Dividend payout ratio |
|
2018.3 |
9,260 |
1,028 |
695 |
127.7 |
39 |
31% |
|
2019.3 |
8,715 |
738 |
492 |
90.4 |
39 |
43% |
|
2020.3 |
6,614 |
192 |
100 |
18.4 |
39 |
211% |
|
2021.3 |
5,800 |
100 |
70 |
12.8 |
41 |
320% |
※Unit of sales, operating profit, net income is one-million yen
※The figure for March 2021 is the predicted value
|
Cash flow statement |
2020.3 |
2019.3 |
|
CF operating activities |
390 |
612 |
|
CF investing activities |
▲512 |
▲231 |
|
CF financing activities |
175 |
▲304 |
※One unit is one million yen
Note: You should be responsible for your own investment. Please make your own final judgment.