Medium Quality Business With 4.6% Dividend Yield For 95.3% NCAV

Thinking Points Nihon Decoluxe (NSE: 7950) primarily manufactures and sells melamine boards, phenolic resin laminate (for printed circuit boards), and chemical anchors.More recently, the company purchased several buildings in the Tokyo

Quick Idea: 101% NCAV With 3.5+% Dividend Yield On Consistent Performance – Nihon Decoluxe (NGO: 7950)

Thinking Points Nihon Decoluxe’s (NGO: 7950) story is profitable, but as boring as it gets. Revenues have only slightly increased over the past 10 years while EBIT delivered 20% CAGR.