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Nihon Kohden Corp ADR
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Let's analyse Nihon Kohden Corp ADR together

PenkeI guess you are interested in Nihon Kohden Corp ADR. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Nihon Kohden Corp ADR. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Nihon Kohden Corp ADR (30 sec.)










What can you expect buying and holding a share of Nihon Kohden Corp ADR? (30 sec.)

How much money do you get?

How much money do you get?
$0.23
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$6.72
Expected worth in 1 year
$7.13
How sure are you?
82.5%

+ What do you gain per year?

Total Gains per Share
$0.64
Return On Investment
4.7%

For what price can you sell your share?

Current Price per Share
$13.53
Expected price per share
$11.10 - $15.02
How sure are you?
50%

1. Valuation of Nihon Kohden Corp ADR (5 min.)




Live pricePrice per Share (EOD)

$13.53

Intrinsic Value Per Share

$-3.25 - $1.53

Total Value Per Share

$3.47 - $8.26

2. Growth of Nihon Kohden Corp ADR (5 min.)




Is Nihon Kohden Corp ADR growing?

Current yearPrevious yearGrowGrow %
How rich?$1.1b$1b$76.6m6.8%

How much money is Nihon Kohden Corp ADR making?

Current yearPrevious yearGrowGrow %
Making money$26.6m$25.3m$1.3m4.9%
Net Profit Margin7.2%7.5%--

How much money comes from the company's main activities?

3. Financial Health of Nihon Kohden Corp ADR (5 min.)




4. Comparing to competitors in the Medical Devices industry (5 min.)




  Industry Rankings (Medical Devices)  


Richest
#35 / 340

Most Revenue
#38 / 340

Most Profit
#37 / 340

What can you expect buying and holding a share of Nihon Kohden Corp ADR? (5 min.)

Welcome investor! Nihon Kohden Corp ADR's management wants to use your money to grow the business. In return you get a share of Nihon Kohden Corp ADR.

What can you expect buying and holding a share of Nihon Kohden Corp ADR?

First you should know what it really means to hold a share of Nihon Kohden Corp ADR. And how you can make/lose money.

Speculation

The Price per Share of Nihon Kohden Corp ADR is $13.53. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Nihon Kohden Corp ADR.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Nihon Kohden Corp ADR, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $6.72. Based on the TTM, the Book Value Change Per Share is $0.10 per quarter. Based on the YOY, the Book Value Change Per Share is $0.12 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.06 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nihon Kohden Corp ADR.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.000.0%0.110.8%0.151.1%0.151.1%0.120.9%
Usd Book Value Change Per Share-0.11-0.8%0.100.7%0.120.9%0.120.9%0.090.7%
Usd Dividend Per Share0.100.7%0.060.4%0.060.4%0.040.3%0.040.3%
Usd Total Gains Per Share-0.01-0.1%0.161.2%0.171.3%0.161.2%0.130.9%
Usd Price Per Share15.48-13.70-11.16-14.39-11.59-
Price to Earnings Ratio-1,389.88--331.44-70.73--41.33-119.24-
Price-to-Total Gains Ratio-1,298.44--278.61-190.86-23.19--166.26-
Price to Book Ratio2.30-2.05-1.79-2.68-2.45-
Price-to-Total Gains Ratio-1,298.44--278.61-190.86-23.19--166.26-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share13.53
Number of shares73
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.060.04
Usd Book Value Change Per Share0.100.12
Usd Total Gains Per Share0.160.16
Gains per Quarter (73 shares)11.6012.03
Gains per Year (73 shares)46.4248.13
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1172936133538
2345982267186
3518812838106134
46811717451141182
58514722064177230
610317626677212278
712020531290247326
8137235358103283374
9154264404115318422
10171293450128353470

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%11.01.00.091.7%18.02.00.090.0%37.03.00.092.5%58.03.00.095.1%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%16.04.00.080.0%29.011.00.072.5%46.014.01.075.4%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%61.00.00.0100.0%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%18.02.00.090.0%33.07.00.082.5%54.07.00.088.5%

Fundamentals of Nihon Kohden Corp ADR

About Nihon Kohden Corp ADR

Nihon Kohden Corporation engages in development, manufacturing, sale, maintenance, and consultation of medical electronic equipment, and related systems and products in Japan, Americas, Europe, rest of Asia, and internationally. It offers physiological measuring equipment comprising electrocardiographs, electroencephalographs, and polygraphs for Cath-labs; patient monitoring systems, such as beside and central monitors; and treatment equipment including defibrillators, automated external defibrillators, ventilators, and pacemakers. The company also provides medical support system, which includes diagnostic and clinical information system; and in-vitro diagnostic equipment comprising hematology and clinical chemistry analyzers. In addition, it operates insurance brokerage and technology licensing business. The company was incorporated in 1951 and is headquartered in Shinjuku, Japan.

Fundamental data was last updated by Penke on 2024-03-11 10:24:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Nihon Kohden Corp ADR.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Nihon Kohden Corp ADR earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Nihon Kohden Corp ADR to the Medical Devices industry mean.
  • A Net Profit Margin of -0.1% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Nihon Kohden Corp ADR:

  • The MRQ is -0.1%. The company is not making a profit/loss.
  • The TTM is 7.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ-0.1%TTM7.2%-7.3%
TTM7.2%YOY7.5%-0.4%
TTM7.2%5Y7.8%-0.6%
5Y7.8%10Y6.6%+1.1%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.1%-10.6%+10.5%
TTM7.2%-20.2%+27.4%
YOY7.5%-14.0%+21.5%
5Y7.8%-19.5%+27.3%
10Y6.6%-23.8%+30.4%
1.1.2. Return on Assets

Shows how efficient Nihon Kohden Corp ADR is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Nihon Kohden Corp ADR to the Medical Devices industry mean.
  • 0.0% Return on Assets means that Nihon Kohden Corp ADR generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Nihon Kohden Corp ADR:

  • The MRQ is 0.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 1.9%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.0%TTM1.9%-1.9%
TTM1.9%YOY1.8%+0.0%
TTM1.9%5Y2.2%-0.3%
5Y2.2%10Y2.0%+0.2%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0%-3.0%+3.0%
TTM1.9%-4.2%+6.1%
YOY1.8%-4.0%+5.8%
5Y2.2%-3.8%+6.0%
10Y2.0%-4.1%+6.1%
1.1.3. Return on Equity

Shows how efficient Nihon Kohden Corp ADR is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Nihon Kohden Corp ADR to the Medical Devices industry mean.
  • 0.0% Return on Equity means Nihon Kohden Corp ADR generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Nihon Kohden Corp ADR:

  • The MRQ is 0.0%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 2.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.0%TTM2.4%-2.4%
TTM2.4%YOY2.4%0.0%
TTM2.4%5Y2.9%-0.5%
5Y2.9%10Y2.7%+0.2%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0%-3.5%+3.5%
TTM2.4%-4.4%+6.8%
YOY2.4%-4.7%+7.1%
5Y2.9%-5.7%+8.6%
10Y2.7%-6.2%+8.9%

1.2. Operating Efficiency of Nihon Kohden Corp ADR.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nihon Kohden Corp ADR is operating .

  • Measures how much profit Nihon Kohden Corp ADR makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Nihon Kohden Corp ADR to the Medical Devices industry mean.
  • An Operating Margin of 5.7% means the company generated $0.06  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Nihon Kohden Corp ADR:

  • The MRQ is 5.7%. The company is operating less efficient.
  • The TTM is 11.7%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ5.7%TTM11.7%-5.9%
TTM11.7%YOY11.7%0.0%
TTM11.7%5Y12.0%-0.3%
5Y12.0%10Y10.2%+1.8%
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ5.7%-24.5%+30.2%
TTM11.7%-14.9%+26.6%
YOY11.7%-11.5%+23.2%
5Y12.0%-17.1%+29.1%
10Y10.2%-20.6%+30.8%
1.2.2. Operating Ratio

Measures how efficient Nihon Kohden Corp ADR is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Medical Devices industry mean).
  • An Operation Ratio of 0.94 means that the operating costs are $0.94 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Nihon Kohden Corp ADR:

  • The MRQ is 0.943. The company is less efficient in keeping operating costs low.
  • The TTM is 0.911. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.943TTM0.911+0.032
TTM0.911YOY0.908+0.003
TTM0.9115Y0.893+0.018
5Y0.89310Y0.906-0.013
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9431.454-0.511
TTM0.9111.452-0.541
YOY0.9081.434-0.526
5Y0.8931.432-0.539
10Y0.9061.366-0.460

1.3. Liquidity of Nihon Kohden Corp ADR.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Nihon Kohden Corp ADR is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Medical Devices industry mean).
  • A Current Ratio of 4.03 means the company has $4.03 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Nihon Kohden Corp ADR:

  • The MRQ is 4.035. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.885. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.035TTM3.885+0.150
TTM3.885YOY3.719+0.166
TTM3.8855Y3.617+0.268
5Y3.61710Y3.271+0.346
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0352.789+1.246
TTM3.8852.793+1.092
YOY3.7193.586+0.133
5Y3.6173.492+0.125
10Y3.2713.450-0.179
1.3.2. Quick Ratio

Measures if Nihon Kohden Corp ADR is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Nihon Kohden Corp ADR to the Medical Devices industry mean.
  • A Quick Ratio of 2.43 means the company can pay off $2.43 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Nihon Kohden Corp ADR:

  • The MRQ is 2.425. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.597. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.425TTM2.597-0.172
TTM2.597YOY2.803-0.206
TTM2.5975Y2.789-0.192
5Y2.78910Y2.698+0.092
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4251.587+0.838
TTM2.5971.633+0.964
YOY2.8032.185+0.618
5Y2.7892.300+0.489
10Y2.6982.255+0.443

1.4. Solvency of Nihon Kohden Corp ADR.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Nihon Kohden Corp ADR assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Nihon Kohden Corp ADR to Medical Devices industry mean.
  • A Debt to Asset Ratio of 0.21 means that Nihon Kohden Corp ADR assets are financed with 20.5% credit (debt) and the remaining percentage (100% - 20.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Nihon Kohden Corp ADR:

  • The MRQ is 0.205. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.215. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.205TTM0.215-0.010
TTM0.215YOY0.232-0.017
TTM0.2155Y0.241-0.026
5Y0.24110Y0.265-0.024
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2050.400-0.195
TTM0.2150.386-0.171
YOY0.2320.330-0.098
5Y0.2410.440-0.199
10Y0.2650.460-0.195
1.4.2. Debt to Equity Ratio

Measures if Nihon Kohden Corp ADR is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Nihon Kohden Corp ADR to the Medical Devices industry mean.
  • A Debt to Equity ratio of 25.8% means that company has $0.26 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Nihon Kohden Corp ADR:

  • The MRQ is 0.258. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.274. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.258TTM0.274-0.016
TTM0.274YOY0.302-0.028
TTM0.2745Y0.319-0.045
5Y0.31910Y0.364-0.044
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2580.566-0.308
TTM0.2740.569-0.295
YOY0.3020.479-0.177
5Y0.3190.626-0.307
10Y0.3640.692-0.328

2. Market Valuation of Nihon Kohden Corp ADR

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Nihon Kohden Corp ADR generates.

  • Above 15 is considered overpriced but always compare Nihon Kohden Corp ADR to the Medical Devices industry mean.
  • A PE ratio of -1,389.88 means the investor is paying $-1,389.88 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Nihon Kohden Corp ADR:

  • The EOD is -1,214.798. Based on the earnings, the company is expensive. -2
  • The MRQ is -1,389.880. Based on the earnings, the company is expensive. -2
  • The TTM is -331.445. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1,214.798MRQ-1,389.880+175.082
MRQ-1,389.880TTM-331.445-1,058.435
TTM-331.445YOY70.732-402.177
TTM-331.4455Y-41.328-290.116
5Y-41.32810Y119.240-160.569
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD-1,214.798-1.038-1,213.760
MRQ-1,389.880-1.216-1,388.664
TTM-331.445-1.757-329.688
YOY70.732-2.582+73.314
5Y-41.328-1.553-39.775
10Y119.240-1.463+120.703
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Nihon Kohden Corp ADR:

  • The EOD is -31.387. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -35.910. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 16.567. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD-31.387MRQ-35.910+4.524
MRQ-35.910TTM16.567-52.477
TTM16.567YOY-11.871+28.438
TTM16.5675Y100.158-83.591
5Y100.15810Y62.581+37.577
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD-31.387-1.207-30.180
MRQ-35.910-1.746-34.164
TTM16.567-2.961+19.528
YOY-11.871-6.143-5.728
5Y100.158-4.928+105.086
10Y62.581-5.626+68.207
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Nihon Kohden Corp ADR is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Medical Devices industry mean).
  • A PB ratio of 2.30 means the investor is paying $2.30 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Nihon Kohden Corp ADR:

  • The EOD is 2.012. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.302. Based on the equity, the company is underpriced. +1
  • The TTM is 2.047. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.012MRQ2.302-0.290
MRQ2.302TTM2.047+0.255
TTM2.047YOY1.791+0.256
TTM2.0475Y2.676-0.628
5Y2.67610Y2.446+0.230
Compared to industry (Medical Devices)
PeriodCompanyIndustry (mean)+/- 
EOD2.0122.038-0.026
MRQ2.3022.321-0.019
TTM2.0472.444-0.397
YOY1.7913.028-1.237
5Y2.6763.918-1.242
10Y2.4464.245-1.799
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Nihon Kohden Corp ADR compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.1110.100-210%0.118-193%0.121-192%0.092-221%
Book Value Per Share--6.7256.696+0%6.231+8%5.572+21%4.701+43%
Current Ratio--4.0353.885+4%3.719+8%3.617+12%3.271+23%
Debt To Asset Ratio--0.2050.215-4%0.232-11%0.241-15%0.265-23%
Debt To Equity Ratio--0.2580.274-6%0.302-14%0.319-19%0.364-29%
Dividend Per Share--0.0990.059+69%0.056+76%0.044+125%0.037+170%
Eps---0.0030.115-102%0.150-102%0.152-102%0.123-102%
Free Cash Flow Per Share---0.1080.059-283%-0.035-68%0.066-263%0.064-269%
Free Cash Flow To Equity Per Share---0.202-0.007-96%-0.109-46%0.014-1569%0.015-1483%
Gross Profit Margin--1.0000.922+8%0.904+11%0.965+4%0.983+2%
Intrinsic Value_10Y_max--1.534--------
Intrinsic Value_10Y_min---3.254--------
Intrinsic Value_1Y_max--0.266--------
Intrinsic Value_1Y_min--0.157--------
Intrinsic Value_3Y_max--0.714--------
Intrinsic Value_3Y_min--0.057--------
Intrinsic Value_5Y_max--1.058--------
Intrinsic Value_5Y_min---0.499--------
Market Cap2277017820.000-14%2605191120.0002305964388.000+13%1881004885.190+38%2440062801.026+7%1972264456.213+32%
Net Profit Margin---0.0010.072-102%0.075-102%0.078-102%0.066-102%
Operating Margin--0.0570.117-51%0.117-51%0.120-52%0.102-44%
Operating Ratio--0.9430.911+3%0.908+4%0.893+6%0.906+4%
Pb Ratio2.012-14%2.3022.047+12%1.791+28%2.676-14%2.446-6%
Pe Ratio-1214.798+13%-1389.880-331.445-76%70.732-2065%-41.328-97%119.240-1266%
Price Per Share13.530-14%15.48013.702+13%11.159+39%14.391+8%11.588+34%
Price To Free Cash Flow Ratio-31.387+13%-35.91016.567-317%-11.871-67%100.158-136%62.581-157%
Price To Total Gains Ratio-1134.877+13%-1298.441-278.607-79%190.861-780%23.186-5700%-166.261-87%
Quick Ratio--2.4252.597-7%2.803-13%2.789-13%2.698-10%
Return On Assets--0.0000.019-102%0.018-102%0.022-102%0.020-102%
Return On Equity--0.0000.024-102%0.024-102%0.029-101%0.027-102%
Total Gains Per Share---0.0120.159-108%0.175-107%0.165-107%0.128-109%
Usd Book Value--1131768000.0001126898850.000+0%1050206850.000+8%943555800.000+20%801252210.000+41%
Usd Book Value Change Per Share---0.1110.100-210%0.118-193%0.121-192%0.092-221%
Usd Book Value Per Share--6.7256.696+0%6.231+8%5.572+21%4.701+43%
Usd Dividend Per Share--0.0990.059+69%0.056+76%0.044+125%0.037+170%
Usd Eps---0.0030.115-102%0.150-102%0.152-102%0.123-102%
Usd Free Cash Flow---18136800.0009913200.000-283%-5753550.000-68%11237490.000-261%10912110.000-266%
Usd Free Cash Flow Per Share---0.1080.059-283%-0.035-68%0.066-263%0.064-269%
Usd Free Cash Flow To Equity Per Share---0.202-0.007-96%-0.109-46%0.014-1569%0.015-1483%
Usd Market Cap2277017820.000-14%2605191120.0002305964388.000+13%1881004885.190+38%2440062801.026+7%1972264456.213+32%
Usd Price Per Share13.530-14%15.48013.702+13%11.159+39%14.391+8%11.588+34%
Usd Profit---468600.00026690400.000-102%25383600.000-102%27315090.000-102%22105215.000-102%
Usd Revenue--347377800.000360054750.000-4%332653200.000+4%333698310.000+4%305257095.000+14%
Usd Total Gains Per Share---0.0120.159-108%0.175-107%0.165-107%0.128-109%
 EOD+3 -5MRQTTM+14 -22YOY+15 -215Y+16 -2010Y+16 -20

3.2. Fundamental Score

Let's check the fundamental score of Nihon Kohden Corp ADR based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1,214.798
Price to Book Ratio (EOD)Between0-12.012
Net Profit Margin (MRQ)Greater than0-0.001
Operating Margin (MRQ)Greater than00.057
Quick Ratio (MRQ)Greater than12.425
Current Ratio (MRQ)Greater than14.035
Debt to Asset Ratio (MRQ)Less than10.205
Debt to Equity Ratio (MRQ)Less than10.258
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.050.000
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Nihon Kohden Corp ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.133
Ma 20Greater thanMa 5013.604
Ma 50Greater thanMa 10014.141
Ma 100Greater thanMa 20013.824
OpenGreater thanClose13.530
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Net Income  2,10552,34554,450-29,45624,9942,79227,786-28,255-469
Net Income from Continuing Operations  2,10552,34554,450-29,44925,0012,77927,779-28,248-469



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in JPY. All numbers in thousands.

Summary
Total Assets215,788,000
Total Liabilities44,308,000
Total Stockholder Equity171,479,000
 As reported
Total Liabilities 44,308,000
Total Stockholder Equity+ 171,479,000
Total Assets = 215,788,000

Assets

Total Assets215,788,000
Total Current Assets169,167,000
Long-term Assets46,621,000
Total Current Assets
Cash And Cash Equivalents 44,136,000
Short-term Investments 104,000
Net Receivables 57,343,000
Inventory 62,967,000
Other Current Assets 4,617,000
Total Current Assets  (as reported)169,167,000
Total Current Assets  (calculated)169,167,000
+/-0
Long-term Assets
Property Plant Equipment 24,976,000
Goodwill 1,055,000
Intangible Assets 3,469,000
Long-term Assets Other 10,081,000
Long-term Assets  (as reported)46,621,000
Long-term Assets  (calculated)39,581,000
+/- 7,040,000

Liabilities & Shareholders' Equity

Total Current Liabilities41,929,000
Long-term Liabilities2,379,000
Total Stockholder Equity171,479,000
Total Current Liabilities
Short-term Debt 442,000
Short Long Term Debt 442,000
Accounts payable 18,539,000
Other Current Liabilities 20,198,000
Total Current Liabilities  (as reported)41,929,000
Total Current Liabilities  (calculated)39,621,000
+/- 2,308,000
Long-term Liabilities
Long-term Liabilities Other 2,033,000
Long-term Liabilities  (as reported)2,379,000
Long-term Liabilities  (calculated)2,033,000
+/- 346,000
Total Stockholder Equity
Common Stock7,544,000
Retained Earnings 154,477,000
Accumulated Other Comprehensive Income 8,845,000
Other Stockholders Equity 613,000
Total Stockholder Equity (as reported)171,479,000
Total Stockholder Equity (calculated)171,479,000
+/-0
Other
Capital Stock7,544,000
Cash and Short Term Investments 44,240,000
Common Stock Shares Outstanding 84,147
Current Deferred Revenue2,750,000
Liabilities and Stockholders Equity 215,787,000
Net Debt -41,666,000
Net Invested Capital 171,917,000
Net Working Capital 127,238,000
Short Long Term Debt Total 2,470,000



Balance Sheet

Currency in JPY. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-30
> Total Assets 
0
76,620,000
80,479,000
0
78,416,000
80,688,000
88,000,000
82,057,000
84,770,000
85,109,000
92,495,000
86,688,000
88,772,000
89,253,000
99,403,000
96,665,000
99,323,000
103,350,000
116,800,000
112,188,000
112,347,000
114,156,000
130,917,000
119,493,000
127,325,000
131,003,000
146,755,000
135,338,000
133,342,000
136,134,000
144,270,000
132,859,000
133,485,000
136,544,000
152,806,000
144,275,000
144,290,000
146,332,000
157,941,000
149,855,000
153,525,000
153,841,000
169,717,000
154,902,000
157,556,000
154,304,000
167,786,000
161,362,000
168,512,000
170,521,000
193,030,000
180,514,000
189,754,000
191,981,000
210,201,000
203,115,000
209,292,000
206,011,000
216,728,000
216,444,000
220,990,000
215,788,000
215,788,000220,990,000216,444,000216,728,000206,011,000209,292,000203,115,000210,201,000191,981,000189,754,000180,514,000193,030,000170,521,000168,512,000161,362,000167,786,000154,304,000157,556,000154,902,000169,717,000153,841,000153,525,000149,855,000157,941,000146,332,000144,290,000144,275,000152,806,000136,544,000133,485,000132,859,000144,270,000136,134,000133,342,000135,338,000146,755,000131,003,000127,325,000119,493,000130,917,000114,156,000112,347,000112,188,000116,800,000103,350,00099,323,00096,665,00099,403,00089,253,00088,772,00086,688,00092,495,00085,109,00084,770,00082,057,00088,000,00080,688,00078,416,000080,479,00076,620,0000
   > Total Current Assets 
0
57,575,000
61,470,000
0
59,876,000
62,401,000
69,685,000
63,901,000
66,573,000
67,096,000
75,366,000
69,750,000
72,046,000
72,970,000
82,742,000
79,822,000
82,470,000
82,501,000
95,181,000
90,060,000
90,364,000
92,122,000
106,515,000
94,965,000
102,657,000
105,574,000
118,389,000
105,505,000
104,529,000
104,952,000
112,929,000
101,806,000
100,087,000
102,545,000
119,235,000
111,244,000
111,879,000
113,343,000
124,601,000
112,976,000
115,309,000
116,759,000
132,211,000
117,257,000
119,780,000
116,280,000
129,020,000
122,185,000
128,958,000
133,952,000
156,140,000
142,926,000
151,240,000
153,603,000
171,875,000
162,907,000
168,213,000
164,738,000
172,500,000
170,317,000
174,522,000
169,167,000
169,167,000174,522,000170,317,000172,500,000164,738,000168,213,000162,907,000171,875,000153,603,000151,240,000142,926,000156,140,000133,952,000128,958,000122,185,000129,020,000116,280,000119,780,000117,257,000132,211,000116,759,000115,309,000112,976,000124,601,000113,343,000111,879,000111,244,000119,235,000102,545,000100,087,000101,806,000112,929,000104,952,000104,529,000105,505,000118,389,000105,574,000102,657,00094,965,000106,515,00092,122,00090,364,00090,060,00095,181,00082,501,00082,470,00079,822,00082,742,00072,970,00072,046,00069,750,00075,366,00067,096,00066,573,00063,901,00069,685,00062,401,00059,876,000061,470,00057,575,0000
       Cash And Cash Equivalents 
0
8,315,000
8,701,000
0
7,173,000
8,074,000
8,834,000
9,701,000
7,261,000
8,122,000
9,331,000
9,391,000
7,410,000
8,727,000
9,342,000
14,189,000
10,131,000
9,362,000
11,743,000
13,791,000
11,971,000
11,519,000
13,882,000
13,571,000
14,693,000
16,093,000
13,233,000
13,499,000
11,971,000
16,797,000
16,422,000
17,854,000
15,527,000
16,489,000
18,753,000
16,724,000
16,094,000
19,628,000
16,589,000
19,043,000
16,195,000
17,696,000
18,811,000
18,761,000
18,511,000
21,115,000
20,967,000
36,869,000
24,139,000
29,187,000
30,609,000
30,959,000
23,856,000
28,479,000
28,925,000
36,538,000
29,440,000
40,724,000
33,459,000
34,062,000
33,134,000
44,136,000
44,136,00033,134,00034,062,00033,459,00040,724,00029,440,00036,538,00028,925,00028,479,00023,856,00030,959,00030,609,00029,187,00024,139,00036,869,00020,967,00021,115,00018,511,00018,761,00018,811,00017,696,00016,195,00019,043,00016,589,00019,628,00016,094,00016,724,00018,753,00016,489,00015,527,00017,854,00016,422,00016,797,00011,971,00013,499,00013,233,00016,093,00014,693,00013,571,00013,882,00011,519,00011,971,00013,791,00011,743,0009,362,00010,131,00014,189,0009,342,0008,727,0007,410,0009,391,0009,331,0008,122,0007,261,0009,701,0008,834,0008,074,0007,173,00008,701,0008,315,0000
       Short-term Investments 
0
1,000,000
2,500,000
0
7,500,000
5,500,000
7,500,000
4,500,000
9,500,000
8,000,000
9,500,000
8,500,000
13,500,000
10,000,000
12,000,000
11,500,000
17,000,000
13,000,000
15,000,000
15,000,000
17,000,000
14,000,000
15,010,000
15,010,000
19,010,000
16,010,000
21,000,000
18,000,000
22,000,000
12,000,000
11,000,000
12,000,000
11,000,000
7,000,000
10,000,000
15,000,000
17,000,000
12,000,000
15,000,000
15,000,000
21,000,000
16,000,000
16,000,000
11,000,000
13,000,000
10,000,000
15,000,000
0
15,000,000
9,000,000
14,000,000
11,000,000
28,000,000
23,000,000
32,000,000
18,000,000
23,000,000
3,000,000
11,000,000
12,000,000
17,000,000
104,000
104,00017,000,00012,000,00011,000,0003,000,00023,000,00018,000,00032,000,00023,000,00028,000,00011,000,00014,000,0009,000,00015,000,000015,000,00010,000,00013,000,00011,000,00016,000,00016,000,00021,000,00015,000,00015,000,00012,000,00017,000,00015,000,00010,000,0007,000,00011,000,00012,000,00011,000,00012,000,00022,000,00018,000,00021,000,00016,010,00019,010,00015,010,00015,010,00014,000,00017,000,00015,000,00015,000,00013,000,00017,000,00011,500,00012,000,00010,000,00013,500,0008,500,0009,500,0008,000,0009,500,0004,500,0007,500,0005,500,0007,500,00002,500,0001,000,0000
       Net Receivables 
0
27,986,000
35,450,000
0
29,105,000
30,713,000
38,941,000
30,979,000
31,514,000
31,643,000
41,540,000
31,894,000
32,300,000
33,747,000
46,087,000
34,586,000
35,806,000
37,225,000
50,384,000
37,516,000
38,294,000
40,575,000
58,992,000
42,789,000
46,073,000
46,532,000
63,359,000
47,246,000
44,429,000
46,601,000
63,927,000
43,184,000
46,976,000
48,251,000
65,490,000
49,497,000
48,725,000
49,595,000
68,065,000
50,743,000
49,510,000
50,684,000
66,889,000
54,397,000
57,095,000
52,801,000
60,871,000
49,357,000
50,646,000
53,311,000
68,612,000
57,517,000
55,788,000
52,324,000
58,381,000
51,906,000
53,715,000
55,653,000
62,335,000
56,873,000
58,069,000
57,343,000
57,343,00058,069,00056,873,00062,335,00055,653,00053,715,00051,906,00058,381,00052,324,00055,788,00057,517,00068,612,00053,311,00050,646,00049,357,00060,871,00052,801,00057,095,00054,397,00066,889,00050,684,00049,510,00050,743,00068,065,00049,595,00048,725,00049,497,00065,490,00048,251,00046,976,00043,184,00063,927,00046,601,00044,429,00047,246,00063,359,00046,532,00046,073,00042,789,00058,992,00040,575,00038,294,00037,516,00050,384,00037,225,00035,806,00034,586,00046,087,00033,747,00032,300,00031,894,00041,540,00031,643,00031,514,00030,979,00038,941,00030,713,00029,105,000035,450,00027,986,0000
       Other Current Assets 
0
4,319,000
678,000
0
3,536,000
3,769,000
906,000
4,068,000
4,296,000
4,631,000
712,000
4,668,000
4,674,000
4,875,000
1,162,000
4,332,000
4,249,000
4,824,000
954,000
5,402,000
5,171,000
5,751,000
1,367,000
5,752,000
5,658,000
6,310,000
1,528,000
6,505,000
6,046,000
7,357,000
1,904,000
7,479,000
6,139,000
7,174,000
2,355,000
6,043,000
6,310,000
6,067,000
1,850,000
1,961,000
1,982,000
2,190,000
1,914,000
1,796,000
1,635,000
1,714,000
2,934,000
2,983,000
2,870,000
3,275,000
4,034,000
3,177,000
3,541,000
4,563,000
4,203,000
4,174,000
4,174,000
5,003,000
6,918,000
4,440,000
4,484,000
4,617,000
4,617,0004,484,0004,440,0006,918,0005,003,0004,174,0004,174,0004,203,0004,563,0003,541,0003,177,0004,034,0003,275,0002,870,0002,983,0002,934,0001,714,0001,635,0001,796,0001,914,0002,190,0001,982,0001,961,0001,850,0006,067,0006,310,0006,043,0002,355,0007,174,0006,139,0007,479,0001,904,0007,357,0006,046,0006,505,0001,528,0006,310,0005,658,0005,752,0001,367,0005,751,0005,171,0005,402,000954,0004,824,0004,249,0004,332,0001,162,0004,875,0004,674,0004,668,000712,0004,631,0004,296,0004,068,000906,0003,769,0003,536,0000678,0004,319,0000
   > Long-term Assets 
0
19,045,000
19,009,000
0
18,540,000
18,287,000
18,315,000
18,156,000
18,197,000
18,013,000
17,129,000
16,938,000
16,726,000
16,283,000
16,661,000
16,843,000
16,853,000
20,847,000
21,614,000
22,127,000
21,982,000
22,033,000
24,398,000
24,528,000
24,666,000
25,427,000
28,360,000
29,831,000
28,811,000
31,179,000
31,336,000
31,051,000
33,396,000
33,997,000
33,568,000
33,030,000
32,408,000
32,987,000
33,335,000
36,877,000
38,214,000
37,079,000
37,500,000
37,642,000
37,775,000
38,023,000
38,761,000
39,176,000
39,552,000
36,567,000
36,884,000
37,585,000
38,512,000
38,376,000
38,319,000
40,207,000
41,077,000
41,272,000
44,224,000
46,126,000
46,466,000
46,621,000
46,621,00046,466,00046,126,00044,224,00041,272,00041,077,00040,207,00038,319,00038,376,00038,512,00037,585,00036,884,00036,567,00039,552,00039,176,00038,761,00038,023,00037,775,00037,642,00037,500,00037,079,00038,214,00036,877,00033,335,00032,987,00032,408,00033,030,00033,568,00033,997,00033,396,00031,051,00031,336,00031,179,00028,811,00029,831,00028,360,00025,427,00024,666,00024,528,00024,398,00022,033,00021,982,00022,127,00021,614,00020,847,00016,853,00016,843,00016,661,00016,283,00016,726,00016,938,00017,129,00018,013,00018,197,00018,156,00018,315,00018,287,00018,540,000019,009,00019,045,0000
       Property Plant Equipment 
0
10,476,000
10,301,000
0
9,770,000
9,427,000
9,365,000
9,273,000
9,431,000
9,349,000
8,838,000
8,756,000
8,811,000
8,532,000
8,516,000
8,422,000
8,529,000
8,721,000
8,876,000
8,935,000
9,105,000
9,089,000
10,609,000
10,584,000
10,769,000
10,812,000
12,207,000
13,846,000
13,695,000
15,628,000
15,693,000
16,107,000
18,974,000
19,433,000
20,146,000
19,844,000
19,592,000
20,227,000
20,322,000
20,136,000
20,203,000
19,963,000
19,942,000
19,810,000
19,925,000
19,848,000
20,000,000
20,123,000
20,014,000
20,057,000
20,191,000
19,880,000
19,558,000
19,548,000
19,917,000
20,553,000
20,604,000
20,621,000
24,443,000
24,937,000
25,038,000
24,976,000
24,976,00025,038,00024,937,00024,443,00020,621,00020,604,00020,553,00019,917,00019,548,00019,558,00019,880,00020,191,00020,057,00020,014,00020,123,00020,000,00019,848,00019,925,00019,810,00019,942,00019,963,00020,203,00020,136,00020,322,00020,227,00019,592,00019,844,00020,146,00019,433,00018,974,00016,107,00015,693,00015,628,00013,695,00013,846,00012,207,00010,812,00010,769,00010,584,00010,609,0009,089,0009,105,0008,935,0008,876,0008,721,0008,529,0008,422,0008,516,0008,532,0008,811,0008,756,0008,838,0009,349,0009,431,0009,273,0009,365,0009,427,0009,770,000010,301,00010,476,0000
       Goodwill 
0
879,000
872,000
0
845,000
831,000
817,000
802,000
789,000
776,000
763,000
802,000
784,000
768,000
757,000
740,000
730,000
4,483,000
2,251,000
2,292,000
2,323,000
2,278,000
2,353,000
2,282,000
2,227,000
2,457,000
2,558,000
2,511,000
2,502,000
2,425,000
2,392,000
2,246,000
2,078,000
2,019,000
2,187,000
2,119,000
2,062,000
2,156,000
2,112,000
1,992,000
2,007,000
2,005,000
1,938,000
1,900,000
1,827,000
1,792,000
1,773,000
1,718,000
1,679,000
443,000
431,000
419,000
824,000
805,000
794,000
975,000
982,000
1,074,000
1,044,000
1,063,000
1,122,000
1,055,000
1,055,0001,122,0001,063,0001,044,0001,074,000982,000975,000794,000805,000824,000419,000431,000443,0001,679,0001,718,0001,773,0001,792,0001,827,0001,900,0001,938,0002,005,0002,007,0001,992,0002,112,0002,156,0002,062,0002,119,0002,187,0002,019,0002,078,0002,246,0002,392,0002,425,0002,502,0002,511,0002,558,0002,457,0002,227,0002,282,0002,353,0002,278,0002,323,0002,292,0002,251,0004,483,000730,000740,000757,000768,000784,000802,000763,000776,000789,000802,000817,000831,000845,0000872,000879,0000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,583,000
7,821,000
1,151,742
7,644,000
7,494,000
11,958,000
13,250,000
12,390,000
7,333,000
13,373,000
13,599,000
14,013,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000014,013,00013,599,00013,373,0007,333,00012,390,00013,250,00011,958,0007,494,0007,644,0001,151,7427,821,0006,583,0000000000000000000000000000000000000
       Intangible Assets 
0
1,827,000
2,163,000
0
2,896,000
3,355,000
3,534,000
3,641,000
3,600,000
3,498,000
3,307,000
3,122,000
2,937,000
2,795,000
2,764,000
2,626,000
2,560,000
2,518,000
4,225,000
4,354,000
4,287,000
4,019,000
4,301,000
4,218,000
4,144,000
4,142,000
4,226,000
4,075,000
4,000,000
3,842,000
3,799,000
3,522,000
3,312,000
3,223,000
3,410,000
3,245,000
3,092,000
2,961,000
2,967,000
2,792,000
2,753,000
2,721,000
2,624,000
2,559,000
2,424,000
2,369,000
2,376,000
2,237,000
2,203,000
1,816,000
1,898,000
1,827,000
2,869,000
2,804,000
2,942,000
3,085,000
3,311,000
3,219,000
3,177,000
3,304,000
3,395,000
3,469,000
3,469,0003,395,0003,304,0003,177,0003,219,0003,311,0003,085,0002,942,0002,804,0002,869,0001,827,0001,898,0001,816,0002,203,0002,237,0002,376,0002,369,0002,424,0002,559,0002,624,0002,721,0002,753,0002,792,0002,967,0002,961,0003,092,0003,245,0003,410,0003,223,0003,312,0003,522,0003,799,0003,842,0004,000,0004,075,0004,226,0004,142,0004,144,0004,218,0004,301,0004,019,0004,287,0004,354,0004,225,0002,518,0002,560,0002,626,0002,764,0002,795,0002,937,0003,122,0003,307,0003,498,0003,600,0003,641,0003,534,0003,355,0002,896,00002,163,0001,827,0000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,000
5,000
1,000
1,000
1,000
4,000
0
2,000
2,000
6,000
2,000
2,000
3,000
5,000
2,000
2,000
2,000
3,000
1,000
3,000
2,000
5,000
2,000
2,000
3,000
6,000
3,000
1,000
1,000
5,000
1,000
2,000
2,000
6,000
3,000
2,000
2,000
7,000
1,000
2,000
1,000
4,000
1,000
2,000
0
02,0001,0004,0001,0002,0001,0007,0002,0002,0003,0006,0002,0002,0001,0005,0001,0001,0003,0006,0003,0002,0002,0005,0002,0003,0001,0003,0002,0002,0002,0005,0003,0002,0002,0006,0002,0002,00004,0001,0001,0001,0005,0002,00000000000000000000
> Total Liabilities 
0
24,731,000
26,910,000
0
23,284,000
24,883,000
30,051,000
24,871,000
25,537,000
25,640,000
30,201,000
24,820,000
25,496,000
25,716,000
31,492,000
28,769,000
29,428,000
32,095,000
40,546,000
35,068,000
32,761,000
32,696,000
42,409,000
32,631,000
36,671,000
38,069,000
47,454,000
37,792,000
34,079,000
36,120,000
46,601,000
39,085,000
37,858,000
39,407,000
48,921,000
42,053,000
39,529,000
40,830,000
48,589,000
41,839,000
40,856,000
42,723,000
53,631,000
40,916,000
39,738,000
36,142,000
46,013,000
39,786,000
41,661,000
42,791,000
54,047,000
40,991,000
42,613,000
41,808,000
53,823,000
46,665,000
46,870,000
44,772,000
49,126,000
46,860,000
46,687,000
44,308,000
44,308,00046,687,00046,860,00049,126,00044,772,00046,870,00046,665,00053,823,00041,808,00042,613,00040,991,00054,047,00042,791,00041,661,00039,786,00046,013,00036,142,00039,738,00040,916,00053,631,00042,723,00040,856,00041,839,00048,589,00040,830,00039,529,00042,053,00048,921,00039,407,00037,858,00039,085,00046,601,00036,120,00034,079,00037,792,00047,454,00038,069,00036,671,00032,631,00042,409,00032,696,00032,761,00035,068,00040,546,00032,095,00029,428,00028,769,00031,492,00025,716,00025,496,00024,820,00030,201,00025,640,00025,537,00024,871,00030,051,00024,883,00023,284,000026,910,00024,731,0000
   > Total Current Liabilities 
0
24,237,000
26,277,000
0
22,681,000
24,294,000
29,722,000
24,490,000
25,081,000
25,155,000
29,673,000
24,232,000
24,853,000
25,010,000
30,714,000
27,838,000
28,312,000
30,791,000
39,028,000
33,488,000
31,178,000
31,087,000
41,248,000
31,188,000
35,173,000
36,546,000
45,654,000
36,079,000
32,570,000
34,229,000
42,901,000
35,239,000
33,240,000
34,632,000
45,006,000
38,079,000
35,468,000
36,653,000
44,605,000
37,786,000
36,688,000
38,423,000
48,346,000
35,738,000
34,618,000
31,010,000
40,319,000
34,159,000
36,081,000
37,223,000
50,608,000
37,686,000
39,089,000
38,339,000
50,804,000
43,666,000
43,905,000
41,902,000
46,568,000
44,249,000
44,161,000
41,929,000
41,929,00044,161,00044,249,00046,568,00041,902,00043,905,00043,666,00050,804,00038,339,00039,089,00037,686,00050,608,00037,223,00036,081,00034,159,00040,319,00031,010,00034,618,00035,738,00048,346,00038,423,00036,688,00037,786,00044,605,00036,653,00035,468,00038,079,00045,006,00034,632,00033,240,00035,239,00042,901,00034,229,00032,570,00036,079,00045,654,00036,546,00035,173,00031,188,00041,248,00031,087,00031,178,00033,488,00039,028,00030,791,00028,312,00027,838,00030,714,00025,010,00024,853,00024,232,00029,673,00025,155,00025,081,00024,490,00029,722,00024,294,00022,681,000026,277,00024,237,0000
       Short-term Debt 
0
2,546,000
2,418,000
0
1,916,000
1,942,000
1,166,000
1,059,000
1,417,000
1,041,000
1,378,000
1,459,000
1,412,000
551,000
642,000
923,000
996,000
1,521,000
1,612,000
1,698,000
1,918,000
887,000
1,009,000
1,000,000
1,239,000
1,553,000
1,132,000
1,509,000
1,107,000
1,117,000
1,190,000
1,135,000
998,000
844,000
644,000
597,000
533,000
486,000
500,000
417,000
408,000
407,000
418,000
374,000
373,000
350,000
359,000
350,000
350,000
350,000
361,000
350,000
350,000
350,000
335,000
325,000
325,000
433,000
424,000
333,000
317,000
442,000
442,000317,000333,000424,000433,000325,000325,000335,000350,000350,000350,000361,000350,000350,000350,000359,000350,000373,000374,000418,000407,000408,000417,000500,000486,000533,000597,000644,000844,000998,0001,135,0001,190,0001,117,0001,107,0001,509,0001,132,0001,553,0001,239,0001,000,0001,009,000887,0001,918,0001,698,0001,612,0001,521,000996,000923,000642,000551,0001,412,0001,459,0001,378,0001,041,0001,417,0001,059,0001,166,0001,942,0001,916,00002,418,0002,546,0000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
660,000
597,000
80,109
486,000
517,000
1,407
0
0
406,000
374,000
373,000
350,000
350,000
350,000
350,000
350,000
350,000
350,000
350,000
350,000
325,000
325,000
325,000
433,000
403,000
333,000
317,000
442,000
442,000317,000333,000403,000433,000325,000325,000325,000350,000350,000350,000350,000350,000350,000350,000350,000350,000373,000374,000406,000001,407517,000486,00080,109597,000660,0000000000000000000000000000000000000
       Accounts payable 
0
16,417,000
17,383,000
0
13,630,000
15,706,000
19,782,000
16,073,000
15,740,000
17,715,000
20,566,000
16,382,000
16,287,000
17,791,000
21,683,000
18,485,000
18,615,000
20,897,000
24,423,000
20,348,000
19,993,000
21,647,000
25,995,000
21,460,000
23,177,000
25,016,000
30,816,000
26,078,000
22,633,000
24,815,000
29,726,000
25,623,000
23,310,000
25,317,000
32,539,000
27,234,000
24,020,000
26,855,000
29,846,000
26,472,000
25,137,000
27,946,000
32,645,000
25,613,000
22,087,000
20,455,000
23,755,000
22,163,000
21,019,000
22,723,000
24,412,000
19,886,000
18,847,000
21,185,000
24,045,000
21,687,000
21,340,000
22,961,000
22,940,000
20,768,000
18,206,000
18,539,000
18,539,00018,206,00020,768,00022,940,00022,961,00021,340,00021,687,00024,045,00021,185,00018,847,00019,886,00024,412,00022,723,00021,019,00022,163,00023,755,00020,455,00022,087,00025,613,00032,645,00027,946,00025,137,00026,472,00029,846,00026,855,00024,020,00027,234,00032,539,00025,317,00023,310,00025,623,00029,726,00024,815,00022,633,00026,078,00030,816,00025,016,00023,177,00021,460,00025,995,00021,647,00019,993,00020,348,00024,423,00020,897,00018,615,00018,485,00021,683,00017,791,00016,287,00016,382,00020,566,00017,715,00015,740,00016,073,00019,782,00015,706,00013,630,000017,383,00016,417,0000
       Other Current Liabilities 
0
3,991,000
1,241,000
0
4,041,000
4,802,000
1,734,000
5,977,000
4,384,000
4,544,000
1,321,000
4,986,000
3,495,000
4,450,000
859,000
5,524,000
4,347,000
5,050,000
1,091,000
6,800,000
4,663,000
5,688,000
1,467,000
7,296,000
6,188,000
7,540,000
1,658,000
7,171,000
5,416,000
6,313,000
1,665,000
7,257,000
5,685,000
6,331,000
1,510,000
6,479,000
6,779,000
7,078,000
1,964,000
6,853,000
6,394,000
7,294,000
2,580,000
8,146,000
7,199,000
8,107,000
3,986,000
9,562,000
8,773,000
8,823,000
4,516,000
10,786,000
19,892,000
16,804,000
5,957,000
13,714,000
12,430,000
13,883,000
6,710,000
15,093,000
15,424,000
20,198,000
20,198,00015,424,00015,093,0006,710,00013,883,00012,430,00013,714,0005,957,00016,804,00019,892,00010,786,0004,516,0008,823,0008,773,0009,562,0003,986,0008,107,0007,199,0008,146,0002,580,0007,294,0006,394,0006,853,0001,964,0007,078,0006,779,0006,479,0001,510,0006,331,0005,685,0007,257,0001,665,0006,313,0005,416,0007,171,0001,658,0007,540,0006,188,0007,296,0001,467,0005,688,0004,663,0006,800,0001,091,0005,050,0004,347,0005,524,000859,0004,450,0003,495,0004,986,0001,321,0004,544,0004,384,0005,977,0001,734,0004,802,0004,041,00001,241,0003,991,0000
   > Long-term Liabilities 
0
494,000
633,000
0
603,000
589,000
329,000
381,000
456,000
485,000
528,000
588,000
643,000
706,000
778,000
931,000
1,116,000
1,304,000
1,518,000
1,580,000
1,583,000
1,609,000
1,161,000
1,443,000
1,498,000
1,523,000
1,800,000
1,713,000
1,509,000
1,891,000
3,700,000
3,846,000
4,618,000
4,775,000
3,915,000
3,974,000
4,061,000
4,177,000
3,984,000
4,053,000
4,168,000
4,300,000
5,285,000
5,178,000
5,120,000
5,132,000
5,694,000
5,627,000
5,580,000
5,568,000
3,439,000
3,305,000
3,524,000
3,469,000
3,019,000
2,999,000
2,965,000
2,870,000
2,558,000
2,611,000
2,526,000
2,379,000
2,379,0002,526,0002,611,0002,558,0002,870,0002,965,0002,999,0003,019,0003,469,0003,524,0003,305,0003,439,0005,568,0005,580,0005,627,0005,694,0005,132,0005,120,0005,178,0005,285,0004,300,0004,168,0004,053,0003,984,0004,177,0004,061,0003,974,0003,915,0004,775,0004,618,0003,846,0003,700,0001,891,0001,509,0001,713,0001,800,0001,523,0001,498,0001,443,0001,161,0001,609,0001,583,0001,580,0001,518,0001,304,0001,116,000931,000778,000706,000643,000588,000528,000485,000456,000381,000329,000589,000603,0000633,000494,0000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,898,000
3,973,000
610,365
4,175,000
3,965,000
4,053,000
4,166,000
4,299,000
5,267,000
5,177,000
5,120,000
5,131,000
5,652,000
5,626,000
5,579,000
5,566,000
3,396,000
3,303,000
3,522,000
3,467,000
2,995,000
2,997,000
2,963,000
2,867,000
0
2,608,000
0
0
002,608,00002,867,0002,963,0002,997,0002,995,0003,467,0003,522,0003,303,0003,396,0005,566,0005,579,0005,626,0005,652,0005,131,0005,120,0005,177,0005,267,0004,299,0004,166,0004,053,0003,965,0004,175,000610,3653,973,0003,898,0000000000000000000000000000000000000
> Total Stockholder Equity
0
51,883,000
53,559,000
0
55,116,000
55,782,000
57,926,000
57,159,000
59,200,000
59,432,000
62,260,000
61,833,000
63,240,000
63,501,000
67,870,000
67,861,000
69,860,000
71,218,000
76,207,000
77,076,000
79,546,000
81,415,000
88,448,000
86,813,000
90,598,000
92,876,000
99,241,000
97,472,000
99,192,000
100,014,000
97,669,000
93,774,000
95,627,000
97,137,000
103,885,000
102,222,000
104,761,000
105,502,000
109,352,000
108,016,000
112,669,000
111,118,000
116,086,000
113,986,000
117,818,000
118,162,000
121,773,000
121,576,000
126,851,000
127,730,000
138,983,000
139,523,000
147,141,000
150,173,000
156,378,000
156,450,000
162,422,000
161,239,000
167,602,000
169,584,000
174,303,000
171,479,000
171,479,000174,303,000169,584,000167,602,000161,239,000162,422,000156,450,000156,378,000150,173,000147,141,000139,523,000138,983,000127,730,000126,851,000121,576,000121,773,000118,162,000117,818,000113,986,000116,086,000111,118,000112,669,000108,016,000109,352,000105,502,000104,761,000102,222,000103,885,00097,137,00095,627,00093,774,00097,669,000100,014,00099,192,00097,472,00099,241,00092,876,00090,598,00086,813,00088,448,00081,415,00079,546,00077,076,00076,207,00071,218,00069,860,00067,861,00067,870,00063,501,00063,240,00061,833,00062,260,00059,432,00059,200,00057,159,00057,926,00055,782,00055,116,000053,559,00051,883,0000
   Common Stock
0
7,544,000
7,544,000
0
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,000
7,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,0007,544,00007,544,0007,544,0000
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,958,000
8,139,000
7,003,000
8,647,000
9,077,000
8,845,000
8,845,0009,077,0008,647,0007,003,0008,139,0007,958,00000000000000000000000000000000000000000000000000000000000
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
8,310,000
8,043,000
0
8,195,000
8,026,000
8,075,000
7,736,000
7,618,000
7,478,000
7,549,000
7,583,000
7,319,000
7,236,000
7,558,000
7,498,000
7,423,000
7,724,000
8,720,000
9,590,000
9,913,000
10,468,000
11,251,000
11,000,000
11,201,000
12,429,000
14,362,000
14,882,000
14,325,000
14,503,000
6,292,000
5,025,000
4,108,000
4,932,000
6,357,000
6,219,000
6,233,000
6,709,000
5,667,000
7,280,000
8,556,000
7,382,000
6,145,000
6,077,000
5,466,000
6,369,000
5,696,000
5,971,000
6,480,000
5,751,000
7,643,000
7,044,000
-140,236,000
-143,243,000
-149,768,000
-148,321,000
1,282,000
1,281,000
530,000
-160,407,000
609,000
613,000
613,000609,000-160,407,000530,0001,281,0001,282,000-148,321,000-149,768,000-143,243,000-140,236,0007,044,0007,643,0005,751,0006,480,0005,971,0005,696,0006,369,0005,466,0006,077,0006,145,0007,382,0008,556,0007,280,0005,667,0006,709,0006,233,0006,219,0006,357,0004,932,0004,108,0005,025,0006,292,00014,503,00014,325,00014,882,00014,362,00012,429,00011,201,00011,000,00011,251,00010,468,0009,913,0009,590,0008,720,0007,724,0007,423,0007,498,0007,558,0007,236,0007,319,0007,583,0007,549,0007,478,0007,618,0007,736,0008,075,0008,026,0008,195,00008,043,0008,310,0000



Balance Sheet

Currency in JPY. All numbers in thousands.




Cash Flow

Currency in JPY. All numbers in thousands.




Income Statement

Currency in JPY. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue206,603,000
Cost of Revenue-100,677,000
Gross Profit105,926,000105,926,000
 
Operating Income (+$)
Gross Profit105,926,000
Operating Expense-84,805,000
Operating Income21,120,00021,121,000
 
Operating Expense (+$)
Research Development6,200,000
Selling General Administrative73,363,000
Selling And Marketing Expenses2,581,000
Operating Expense84,805,00082,144,000
 
Net Interest Income (+$)
Interest Income194,000
Interest Expense-10,000
Other Finance Cost-0
Net Interest Income184,000
 
Pretax Income (+$)
Operating Income21,120,000
Net Interest Income184,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)24,716,00017,525,000
EBIT - interestExpense = 24,090,000
24,716,000
17,120,000
Interest Expense10,000
Earnings Before Interest and Taxes (EBIT)24,100,00024,726,000
Earnings Before Interest and Taxes (EBITDA)27,891,000
 
After tax Income (+$)
Income Before Tax24,716,000
Tax Provision-7,606,000
Net Income From Continuing Ops17,110,00017,110,000
Net Income17,110,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses185,482,000
Total Other Income/Expenses Net3,595,000-184,000
 

Technical Analysis of Nihon Kohden Corp ADR
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Nihon Kohden Corp ADR. The general trend of Nihon Kohden Corp ADR is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Nihon Kohden Corp ADR's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (0.0%) Bearish trend (0.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Nihon Kohden Corp ADR.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 14.32 < 14.52 < 15.02.

The bearish price targets are: 11.99 > 11.22 > 11.10.

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Nihon Kohden Corp ADR Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Nihon Kohden Corp ADR. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Nihon Kohden Corp ADR Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Nihon Kohden Corp ADR. The current macd is -0.21677683.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nihon Kohden Corp ADR price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Nihon Kohden Corp ADR. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Nihon Kohden Corp ADR price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Nihon Kohden Corp ADR Daily Moving Average Convergence/Divergence (MACD) ChartNihon Kohden Corp ADR Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Nihon Kohden Corp ADR. The current adx is 11.44.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Nihon Kohden Corp ADR shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Nihon Kohden Corp ADR Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Nihon Kohden Corp ADR. The current sar is 14.12.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Nihon Kohden Corp ADR Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Nihon Kohden Corp ADR. The current rsi is 48.13. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Nihon Kohden Corp ADR Daily Relative Strength Index (RSI) ChartNihon Kohden Corp ADR Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Nihon Kohden Corp ADR. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Nihon Kohden Corp ADR price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Nihon Kohden Corp ADR Daily Stochastic Oscillator ChartNihon Kohden Corp ADR Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Nihon Kohden Corp ADR. The current cci is -54.4457367.

Nihon Kohden Corp ADR Daily Commodity Channel Index (CCI) ChartNihon Kohden Corp ADR Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Nihon Kohden Corp ADR. The current cmo is 0.79402036.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Nihon Kohden Corp ADR Daily Chande Momentum Oscillator (CMO) ChartNihon Kohden Corp ADR Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Nihon Kohden Corp ADR. The current willr is -43.33333333.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Nihon Kohden Corp ADR is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Nihon Kohden Corp ADR Daily Williams %R ChartNihon Kohden Corp ADR Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Nihon Kohden Corp ADR.

Nihon Kohden Corp ADR Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Nihon Kohden Corp ADR. The current atr is 0.47574768.

Nihon Kohden Corp ADR Daily Average True Range (ATR) ChartNihon Kohden Corp ADR Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Nihon Kohden Corp ADR. The current obv is -660,034.

Nihon Kohden Corp ADR Daily On-Balance Volume (OBV) ChartNihon Kohden Corp ADR Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Nihon Kohden Corp ADR. The current mfi is 73.42.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Nihon Kohden Corp ADR Daily Money Flow Index (MFI) ChartNihon Kohden Corp ADR Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nihon Kohden Corp ADR.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-26ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-24CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-25BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Nihon Kohden Corp ADR Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Nihon Kohden Corp ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.133
Ma 20Greater thanMa 5013.604
Ma 50Greater thanMa 10014.141
Ma 100Greater thanMa 20013.824
OpenGreater thanClose13.530
Total2/5 (40.0%)
Penke

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