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Morimatsu International Holdings Company Limited (2155.HK)

HKD8.45 -0.17 (-1.97%)
CN HKSE Industrials Industrial - Machinery
Address No. 29, Jinwen Road
Shanghai, CN
CEO Koei Nishimatsu
IPO 2021-06-29
ISIN HK0000709128

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Description

Headquartered in Shanghai, China, and established in 1990, Morimatsu International Holdings Company Limited is a global provider of integrated solutions for process industries. The company excels in the design, manufacturing, installation, and ongoing operation and maintenance of advanced process equipment and systems, primarily for chemical, biological, and polymerization applications. Its extensive product portfolio includes robust pressure vessels such as heat exchangers, tanks, reactors, and towers. Furthermore, Morimatsu offers sophisticated bioreactor and fermentation systems, parallel bioreactors, culture medium solutions, pharmaceutical processing systems (including online solution preparation, harvest, buffer, inactivation, and CIP workstation systems), isolators, both disposable and conventional magnetic mixing and storage systems, modular factories, and clean decorators. Complementing its hardware offerings, the company provides comprehensive services encompassing design, verification, maintenance, and digital operational support. Morimatsu serves a broad spectrum of industries, including oil and gas, new chemical materials, pharmaceuticals, power battery raw materials, water treatment, new energy, consumer goods, and electronic chemicals.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD8.45 -0.17 (-1.97%)
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Volume Profile
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Liquidity & share structure
Average Volume
9M
Beta
0.75
Float Shares
342.13M
Free Float %
27.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.22% +3.34% +32.19% -11.79% +7.66% +0.65% +52.38% +34.88% +4.27% +4.27% +4.27%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
8.45
DCF (Unlevered) 5.98 -29.2%
DCF (Levered) 16.13 +90.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 3 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
4.22
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Industrial - Machinery: +7.4%
    +0.1% Q4'25: +16.3% (vs Q4'23)
  • EPS growth Industrial - Machinery: +15.6%
    -20.3% Q4'25: -36.4% (vs Q4'23)
  • FCF margin FCF growth · Industrial - Machinery: +38.2%
    +3.6% Q4'25: +2.7% (vs Q4'23)
  • EBIT margin Industrial - Machinery: +10.0%
    +10.0% Q4'25: +7.9% (vs Q4'23)
  • ROIC Industrial - Machinery: +6.8%
    +17.9% Q4'25: +34.0% (vs Q4'23)
  • Share dilution Industrial - Machinery: +0.0%
    +1.0% Q4'25: +0.4% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Industrial - Machinery: -0.65×
    0.67× Q4'25: 0.35× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.70) × ERP
WACC = 94% × Ke + 6% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 6.01 Current price: 8.45
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
2 EPS Ana.
Dec 2027
3 Rev. Ana.
2 EPS Ana.
Dec 2028
2 Rev. Ana.
1 EPS Ana.
Revenue
4.28B
est: 4.89B (-12.5%)
6.49B
est: 7.31B (-11.2%)
7.36B
est: 6.65B (+10.7%)
6.95B
est: 8.47B (-18.0%)
6.95B
est: 6.64B (+4.8%)
8.11B
7.76B – 8.47B
+22.2% YoY
8.91B
8.50B – 9.32B
+9.9% YoY
9.48B
9.06B – 9.91B
+6.4% YoY
EBITDA
564.95M
est: 714.20M (-20.9%)
890.68M
est: 1.07B (-16.5%)
1.14B
est: 900.50M (+26.9%)
1.12B
est: 1.15B (-2.7%)
888.80M
est: 899.11M (-1.1%)
1.10B
1.05B – 1.15B
+22.2% YoY
1.21B
1.15B – 1.26B
+9.9% YoY
1.28B
1.23B – 1.34B
+6.4% YoY
EBIT
471.94M
est: 603.80M (-21.8%)
776.87M
est: 901.74M (-13.8%)
997.63M
est: 795.59M (+25.4%)
921.70M
est: 1.01B (-9.1%)
697.18M
est: 794.36M (-12.2%)
970.31M
929.27M – 1.01B
+22.2% YoY
1.07B
1.02B – 1.12B
+9.9% YoY
1.13B
1.08B – 1.19B
+6.4% YoY
Net Income
381.84M
est: 452.95M (-15.7%)
669.27M
est: 788.94M (-15.2%)
844.68M
est: 799.69M (+5.6%)
737.24M
est: 1.01B (-27.1%)
599.59M
est: 745.12M (-19.5%)
813.98M
766.46M – 861.51M
+9.2% YoY
925.57M
871.54M – 979.61M
+13.7% YoY
1.09B
1.03B – 1.15B
+17.7% YoY
SGA
481.13M
est: 528.15M (-8.9%)
694.91M
est: 788.75M (-11.9%)
718.37M
est: 727.95M (-1.3%)
729.41M
est: 927.98M (-21.4%)
872.59M
est: 726.83M (+20.1%)
887.82M
850.26M – 928.04M
+22.2% YoY
975.36M
930.64M – 1.02B
+9.9% YoY
1.04B
992.17M – 1.09B
+6.4% YoY
EPS
0.43
est: 0.36 (+18.8%)
0.64
est: 0.64 (+0.1%)
0.67
est: 0.63 (+6.0%)
0.58
est: 0.80 (-27.5%)
0.48
est: 0.59 (-18.6%)
0.64
0.61 – 0.68
+9.1% YoY
0.73
0.69 – 0.78
+13.7% YoY
0.86
0.81 – 0.91
+17.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 4/5 4/5 4/5 3/5 3/5 3/5
2026-05-28 A- 4/5 4/5 4/5 4/5 3/5 3/5 3/5
2026-05-27 A- 4/5 4/5 4/5 4/5 3/5 3/5 3/5
2026-05-26 A- 4/5 4/5 4/5 4/5 3/5 3/5 3/5
2026-05-22 A 4/5 5/5 4/5 4/5 3/5 3/5 3/5
2026-05-21 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-20 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-19 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-18 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-15 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-14 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-13 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-12 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-11 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-08 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-07 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-06 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-05 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-04 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-04-30 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-04-29 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5
2026-04-28 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5
2026-04-27 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5
2026-04-24 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5
2026-04-23 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5
2026-04-22 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5
2026-04-21 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5
2026-04-20 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5
2026-04-17 A- 4/5 4/5 3/5 5/5 2/5 3/5 3/5
2026-04-16 A- 4/5 4/5 3/5 5/5 2/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
854.06M
OE per share TTM
0.68
Owner's Yield
7.04%
Maintenance CapEx ratio
75.30%
Maint CapEx / Avg PPE
32.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 11 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
160.4K
Shares Outstanding
1.25B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Koei Nishimatsu Chief Executive Officer & Executive Director 6M male
Hirotaka Kawashima Executive Director 2M male
Weihua Tang Executive Director 2M male
Ye Sheng Executive Director 2M male
Jungo Hirazawa Chief Financial Officer & Executive Director 1M male
Hoi Nap Lee Joint Company Secretary male
Wai Yee Lau Joint Company Secretary female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits