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NCTKY - Fanuc: Improving Profitability And Strong Order Visibility
May, 02 2021 04:17 PM
Nabtesco Corp Adr
Fanuc's FY3/2021 results highlighted high free cash flow generation driven by normalizing capex and improving profitability. The book-to-bill order outlook driven by China demand is the highest seen over the last five years. With a positive outlook current valuation multiples and yields look attractive. We remain buyers of the shares. For further details see:
Fanuc: Improving Profitability And Strong Order Visibility
Stock Information
Company Name:
Nabtesco Corp Adr
Stock Symbol:
NCTKY
Market:
OTC
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