Nidec: PAMA Acquisition Signals Long-Term Growth Ambitions

JP Research
5.38K Followers

Summary

  • Nidec is venturing overseas with the acquisition of Italian machine tool manufacturer PAMA.
  • The acquisition is likely the first of many to come as Nidec looks to build out its machine business group.
  • Recent policy changes at the senior level also mark a positive improvement in governance.
  • The stock trades very reasonably relative to its fundamentals.

Close-up of several electric car motors on an assembly line entering a machine in an electric car motor factory.

Aranga87/iStock via Getty Images

Japanese electric motors manufacturer Nidec (OTCPK:NJDCY) continues to boast solid mid- to long-term growth potential, given its leadership in EV-related traction motors. Recent M&A activity shows the company isn't resting on its laurels, either. The

This article was written by

5.38K Followers
Private investor

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About NJDCY Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on NJDCY

Related Stocks

SymbolLast Price% Chg
NNDNF
--
NJDCY
--