Nippon Ski Resort Development Co.,Ltd. (6040.T)

Nippon Ski Resort Development Co.,Ltd. (6040.T) — VMCI valuation read

6040.T screens at VMCI 48/100, a 2-point gap below the Consumer Cyclical sector median (50). For a mid-cap Nippon Ski Resort Development Co.,Ltd. share, that placement says the multi-pillar composite is richer or lower quality than the typical peer on a like-for-like basis.

6040.T has logged no Form 4 insider activity over the trailing 30 days. The tape reads neither bullish nor bearish on insider conviction. The next signal sits with the 10-Q schedule and the analyst calendar.

**Investor frame.** Value: 6040.T trades at 20.0x earnings, 11% above the Consumer Cyclical median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Consumer Cyclical group. Quality: ROIC of 16.0% sits 6.0pp above the Consumer Cyclical median (10.0%), the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of -1.3x leaves covenant headroom, which sets the rate-cycle exposure for Nippon Ski Resort Development Co.,Ltd..

6040.T rose 1.6% over the trailing 7 days, with a -23.9% read on a 30-day basis.