Nichias makes thermal insulation, fire-resistant materials and gaskets and sealing products for plants and industrial equipment, plus a healthcare segment that includes medical-grade materials. Its edge is a long-standing position in high-temperature and safety-critical applications, where customers qualify products once and then rarely switch, which supports the 15.5% operating margin. The near-term driver is demand from energy, petrochemical and industrial plant maintenance, and the 16.0% revenue growth shows that volume is coming through. The stock trades on a forward P/E of 7.1 against a trailing 19.8, a gap large enough to warrant checking whether the earnings step-up is durable or a one-period effect. That question, rather than the headline multiple, is what justifies a closer look.
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| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:53 CEST | ACCE price target | ¥3960 | first publication | ¥3299 |
Answered from Nichias Corporation fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| 5393.T Nichias Corporation | ¥3295.00 | - | - | 19.0x | - | 55 | 70 |
| 9041.T Kintetsu Group Holdings Co.,Ltd. | ¥3477.00 | - | - | 12.1x | 9.8% | 38 | 57 |
| THERMAX.NS Thermax Limited | ₹3161.30 | - | - | 58.8x | - | 49 | 29 |
| TIINDIA.NS Tube Investments of India Limited | ₹2100.00 | - | - | 66.5x | - | 61 | 40 |
| PAMP.BA Pampa Energia SA | ARS 5085.00 | - | - | 8.3x | 15.3% | 78 | 84 |
| GRUPOARGOS.CL Grupo Argos ordinary | COP 20760.00 | - | - | 70.4x | 2.9% | 61 | 69 |
| PFGRUPOARG.CL Grupo Argos preferred | COP 15920.00 | - | - | 55.8x | 2.9% | 61 | 73 |
Where 5393.T ranks against its sector peers on each metric.