What is Nihon Denkei Co.,Ltd.'s (9908.T) StockRank?

MoatMap's StockRank for Nihon Denkei Co.,Ltd. (9908.T) is 87/100, with a Strong Buy signal. This is a composite score combining Quality (49), Value (71), and Momentum (58) factor ranks across MoatMap's 20,000+ stock universe.

Does Nihon Denkei Co.,Ltd. have an economic moat?

Nihon Denkei Co.,Ltd. (9908.T) has a Quality factor score of 49/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Nihon Denkei Co.,Ltd. a buy, hold, or sell?

MoatMap's current signal for Nihon Denkei Co.,Ltd. (9908.T) is Strong Buy, based on a StockRank of 87/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Nihon Denkei Co.,Ltd. in?

Nihon Denkei Co.,Ltd. (9908.T) operates in the Industrials sector, specifically the Rental & Leasing Services industry (Japan).

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9908.T

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Nihon Denkei Co.,Ltd. · Industrials · Japan · $180M · Avg Vol: $211K/d

StockRank

P/E (TTM)

8.0x

ROE

11.1%

D/E

0.5x

Dividend %

3.7%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Nihon Denkei distributes electronic measuring instruments. While it plays a role in industrial testing, it lacks pricing power, has low operating margins, and does not align with our high-conviction macro themes.

COMPANY DESCRIPTION

Nihon Denkei Co.,Ltd. is Japan's largest independent distributor of electronic measuring instruments, testing equipment, and system solutions. The company's competitive moat is its extensive portfolio representing over 5,000 global manufacturers, combined with specialized calibration and technical support services. It is a market leader in the electronic testing equipment distribution niche, heavily integrated into the R&D workflows of the automotive and semiconductor sectors.

FINANCIAL SUMMARY (USD)

Year	2022	2023	2024	2025	CAGR
Revenue	568.1M	648.0M	671.3M	749.8M	9.7%
EPS	1.18	1.54	1.58	1.61	10.9%
Shares	11.8M	11.8M	11.8M	11.8M	0.0%
Debt	73.9M	90.5M	77.4M	94.2M	8.4%
Equity	142.5M	156.1M	169.5M	184.9M	9.1%
Op CF	-3.3M	-0.6M	22.3M	1.6M	-93.0%
Inv CF	-1.7M	-7.7M	-4.7M	1.9M	—
Fin CF	9.1M	9.0M	-21.9M	9.3M	—

PRICE (1Y)+1.7%

SMA 50SMA 200

$15.86

RSI (14)

65.8

52W High

$16.41

From 52W High

1.0%

SCORE BREAKDOWN

Quality

ROIC

14.4%78.7

ROE

11.1%63.1

GP/Assets

24.5%72.3

Op. Margin

4.4%34.0

FCF/Assets

-6.3%10.1

Piotroski

415.2

Int. Cover

37.9x70.8

D/E Ratio

0.54x40.4

Current Ratio

1.68x49.2

Value

P/E (TTM)

8.0x90.4

EV/EBITDA

7.1x76.0

P/FCF

—N/A

P/B

0.9x79.0

P/S

0.2x94.6

Div Yield

3.7%74.2

Momentum

52W High %

97%92.4

RS 6M

-21%44.4

SMA 50/200

1.08x65.3

EPS Rev 4W

-1.8%33.9

EPS Rev 12W

—N/A

EPS Improve

-18%10.1

Q Growth

29%67.0

FUNDAMENTALS

Market Cap

$180M

P/E (Forward)

9.8x

Gross Margin

13.9%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 9908.T are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
9908.T	Nihon Denkei Co.,Ltd.(you)	$180M	87	STRONG BUY
4345.T	CTS Co., Ltd.	$211M	85	STRONG BUY
2445.T	Takamiya Co., Ltd.	$111M	81	STRONG BUY
9991.T	Gecoss Corporation	$314M	92	STRONG BUY
9619.T	Ichinen Holdings Co.,Ltd.	$325M	95	STRONG BUY
9729.T	TOKAI Corp.	$447M	92	STRONG BUY
2393.T	Nippon Care Supply Co., Ltd.	$422M	96	STRONG BUY
7081.T	Koyou Rentia Co., Ltd.	$89M	100	STRONG BUY
9699.T	Nishio Holdings Co., Ltd.	$673M	88	STRONG BUY
8596.T	Kyushu Leasing Service Co., Ltd.	$200M	60	HOLD

Peer medians: ROE 9.3% · P/E 13.4x · Gross margin 24.5%

Nihon Denkei Co.,Ltd. (9908.T) — Stock Score Summary

Nihon Denkei Co.,Ltd. (9908.T) has a MoatMap StockRank of 87/100 based on Quality (49/100), Value (71/100), and Momentum (58/100) factor scores. The current signal is STRONG BUY. Nihon Denkei distributes electronic measuring instruments. While it plays a role in industrial testing, it lacks pricing power, has low operating margins, and does not align with our high-conviction macro themes.

Key Financial Metrics

Price	$15.86
Market Cap	$180M
P/E (TTM)	7.99
P/E (Forward)	9.77
Price/Book	0.89
Return on Equity	11.1%
Return on Invested Capital	14.4%
Debt/Equity	54.48
Gross Margin	13.9%
Operating Margin	4.4%
Revenue Growth	4.3%
Dividend Yield	3.7%
Free Cash Flow	$-29M

Nihon Denkei Co.,Ltd. operates in the Rental & Leasing Services industry, part of the Industrials sector (Japan).

Frequently Asked Questions

What is Nihon Denkei Co.,Ltd.’s (9908.T) StockRank?: MoatMap’s StockRank for Nihon Denkei Co.,Ltd. (9908.T) is 87/100, with a Strong Buy signal. It is a composite of Quality (49), Value (71), and Momentum (58) factor ranks across MoatMap’s 20,000+ stock universe.
Does Nihon Denkei Co.,Ltd. have an economic moat?: Nihon Denkei Co.,Ltd. (9908.T) has a Quality factor score of 49/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Nihon Denkei Co.,Ltd. a buy, hold, or sell?: MoatMap’s current signal for Nihon Denkei Co.,Ltd. (9908.T) is Strong Buy, based on a StockRank of 87/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Nihon Denkei Co.,Ltd. in?: Nihon Denkei Co.,Ltd. (9908.T) operates in the Industrials sector, specifically the Rental & Leasing Services industry (Japan).