EUR 13.54 For Business Accounts Only

Thanks to a better fundamental star rating, DAIDO STEEL CO.LTD. sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to DAIDO STEEL CO.LTD. (JP), active in the Steel industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date October 1, 2019, the closing price was JPY 4,295.00 and its expected value was estimated at JPY 4,119.10.
Daido Steel Co. Ltd.

Daido Steel is engaged in the manufacture and sale of specialty steel products. Co.'s principal business segments are specialty steel, high performance materials and magnetic materials, parts for automobile and industrial equipment, engineering, and trading and service. Co.'s principal products are hot-rolled steel, cold-finished steel, tertiary products, nickel-based alloys, die forging, precise hot forging, welded parts, environmental equipment, industrial furnaces and accessories, powder metal, titanium products and nickel-titanium alloys. Co. is also engaged in the provision of real estate, insurance, welfare, information systems, and golf courses management services; and others.


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