View Future GrowthNippon Avionics 過去の業績過去 基準チェック /66Nippon Avionicsは、平均年間15%の収益成長を遂げていますが、 Electronic業界の収益は、年間 減少しています。収益は、平均年間3.6% 2.3%収益成長率で 成長しています。 Nippon Avionicsの自己資本利益率は22.3%であり、純利益率は12%です。主要情報14.97%収益成長率12.14%EPS成長率Electronic 業界の成長1.03%収益成長率2.26%株主資本利益率22.26%ネット・マージン11.96%前回の決算情報31 Dec 2025最近の業績更新お知らせ • 2hNippon Avionics Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Nippon Avionics Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026Reported Earnings • Feb 01Third quarter 2026 earnings released: EPS: JP¥62.73 (vs JP¥21.40 in 3Q 2025)Third quarter 2026 results: EPS: JP¥62.73 (up from JP¥21.40 in 3Q 2025). Revenue: JP¥7.02b (up 54% from 3Q 2025). Net income: JP¥931.0m (up 181% from 3Q 2025). Profit margin: 13% (up from 7.3% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 27Nippon Avionics Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Nippon Avionics Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥59.92 (vs JP¥34.86 in 2Q 2025)Second quarter 2026 results: EPS: JP¥59.92 (up from JP¥34.86 in 2Q 2025). Revenue: JP¥7.67b (up 53% from 2Q 2025). Net income: JP¥912.0m (up 68% from 2Q 2025). Profit margin: 12% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 04Nippon Avionics Co., Ltd. to Report Q2, 2026 Results on Oct 29, 2025Nippon Avionics Co., Ltd. announced that they will report Q2, 2026 results on Oct 29, 2025Reported Earnings • Aug 03First quarter 2026 earnings released: EPS: JP¥25.21 (vs JP¥11.44 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.21 (up from JP¥11.44 in 1Q 2025). Revenue: JP¥5.04b (up 23% from 1Q 2025). Net income: JP¥388.0m (up 103% from 1Q 2025). Profit margin: 7.7% (up from 4.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.すべての更新を表示Recent updatesお知らせ • 2hNippon Avionics Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Nippon Avionics Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 2.9% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Mar 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €37.60, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 32x in the Electronic industry in Germany. Total returns to shareholders of 522% over the past three years.New Risk • Mar 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (14% average weekly change).Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 26%After last week's 26% share price gain to €49.00, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 23x in the Electronic industry in Germany. Total returns to shareholders of 744% over the past three years.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €35.40, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 559% over the past three years.Reported Earnings • Feb 01Third quarter 2026 earnings released: EPS: JP¥62.73 (vs JP¥21.40 in 3Q 2025)Third quarter 2026 results: EPS: JP¥62.73 (up from JP¥21.40 in 3Q 2025). Revenue: JP¥7.02b (up 54% from 3Q 2025). Net income: JP¥931.0m (up 181% from 3Q 2025). Profit margin: 13% (up from 7.3% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €30.80, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 544% over the past three years.お知らせ • Dec 27Nippon Avionics Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Nippon Avionics Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026New Risk • Nov 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change).New Risk • Oct 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 51% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Share price has been volatile over the past 3 months (9.5% average weekly change).Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥59.92 (vs JP¥34.86 in 2Q 2025)Second quarter 2026 results: EPS: JP¥59.92 (up from JP¥34.86 in 2Q 2025). Revenue: JP¥7.67b (up 53% from 2Q 2025). Net income: JP¥912.0m (up 68% from 2Q 2025). Profit margin: 12% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €28.40, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 591% over the past three years.お知らせ • Oct 04Nippon Avionics Co., Ltd. to Report Q2, 2026 Results on Oct 29, 2025Nippon Avionics Co., Ltd. announced that they will report Q2, 2026 results on Oct 29, 2025Reported Earnings • Aug 03First quarter 2026 earnings released: EPS: JP¥25.21 (vs JP¥11.44 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.21 (up from JP¥11.44 in 1Q 2025). Revenue: JP¥5.04b (up 23% from 1Q 2025). Net income: JP¥388.0m (up 103% from 1Q 2025). Profit margin: 7.7% (up from 4.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €27.60, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 23x in the Electronic industry in Germany. Total returns to shareholders of 628% over the past three years.お知らせ • Aug 01Nippon Avionics Co., Ltd. (TSE:6946) announces an Equity Buyback for 603,500 shares, representing 3.6% for ¥2,000 million.Nippon Avionics Co., Ltd. (TSE:6946) announces a share repurchase program. Under the program, the company will repurchase up to 603,500 shares, representing 3.6% of its issued share capital, for ¥2,000 million. The shares will be repurchased at price of ¥3,314 per share. The shares will be repurchased from NAJ Holdings Co., Ltd. The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment. If the offer is oversubscribed the company may repurchase up to additional 100 shares. The program will be valid till September 1, 2025. As of June 30, 2025, the company has 16,764,810 issued shares (excluding treasury stock) and 1,374,013 treasury shares.お知らせ • Jul 08Nippon Avionics Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025Nippon Avionics Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025Reported Earnings • Jun 27Full year 2025 earnings released: EPS: JP¥124 (vs JP¥132 in FY 2024)Full year 2025 results: EPS: JP¥124 (down from JP¥132 in FY 2024). Revenue: JP¥20.1b (up 11% from FY 2024). Net income: JP¥1.96b (down 8.6% from FY 2024). Profit margin: 9.8% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €25.40, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Electronic industry in Germany. Total returns to shareholders of 490% over the past three years.Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €24.00, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 337% over the past three years.Valuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €20.20, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Electronic industry in Germany. Total returns to shareholders of 330% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.93 per share.Reported Earnings • May 15Full year 2025 earnings released: EPS: JP¥124 (vs JP¥132 in FY 2024)Full year 2025 results: EPS: JP¥124 (down from JP¥132 in FY 2024). Revenue: JP¥20.1b (up 11% from FY 2024). Net income: JP¥1.96b (down 8.6% from FY 2024). Profit margin: 9.8% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 13Nippon Avionics Co., Ltd., Annual General Meeting, Jun 24, 2025Nippon Avionics Co., Ltd., Annual General Meeting, Jun 24, 2025.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €17.90, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 390% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.55 per share.New Risk • Apr 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €13.70, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Electronic industry in Germany. Total returns to shareholders of 256% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.74 per share.お知らせ • Mar 27Nippon Avionics Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Nippon Avionics Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 4.7% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (1.9%).Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €14.80, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in Germany. Total returns to shareholders of 356% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.58 per share.Reported Earnings • Feb 02Third quarter 2025 earnings released: EPS: JP¥21.40 (vs JP¥25.40 in 3Q 2024)Third quarter 2025 results: EPS: JP¥21.40 (down from JP¥25.40 in 3Q 2024). Revenue: JP¥4.56b (flat on 3Q 2024). Net income: JP¥331.0m (down 22% from 3Q 2024). Profit margin: 7.3% (down from 9.2% in 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 20Nippon Avionics Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Nippon Avionics Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €15.70, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electronic industry in Germany. Total returns to shareholders of 289% over the past three years.Reported Earnings • Nov 01Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: JP¥5.02b (flat on 2Q 2024). Net income: JP¥543.0m (down 12% from 2Q 2024). Profit margin: 11% (down from 12% in 2Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 02Nippon Avionics Co., Ltd. to Report Q2, 2025 Results on Oct 29, 2024Nippon Avionics Co., Ltd. announced that they will report Q2, 2025 results on Oct 29, 2024Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €17.30, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 388% over the past three years.Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥57.21 (vs JP¥40.24 in 1Q 2024)First quarter 2025 results: EPS: JP¥57.21 (up from JP¥40.24 in 1Q 2024). Revenue: JP¥4.09b (up 13% from 1Q 2024). Net income: JP¥191.0m (up 49% from 1Q 2024). Profit margin: 4.7% (up from 3.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to €52.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 150% over the past three years.New Risk • Jul 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Shareholders have been diluted in the past year (5.1% increase in shares outstanding).New Risk • Jul 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (5.1% increase in shares outstanding).お知らせ • Jul 11Nippon Avionics Co., Ltd. to Report Q1, 2025 Results on Aug 02, 2024Nippon Avionics Co., Ltd. announced that they will report Q1, 2025 results on Aug 02, 2024Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €62.00, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 143% over the past three years.Reported Earnings • Jun 27Full year 2024 earnings released: EPS: JP¥659 (vs JP¥641 in FY 2023)Full year 2024 results: EPS: JP¥659 (up from JP¥641 in FY 2023). Revenue: JP¥18.1b (up 1.7% from FY 2023). Net income: JP¥2.15b (up 19% from FY 2023). Profit margin: 12% (up from 10% in FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €56.00, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 72% over the past three years.Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €51.50, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 17x in the Electronic industry in Germany. Total returns to shareholders of 148% over the past three years.お知らせ • May 15Nippon Avionics Co., Ltd., Annual General Meeting, Jun 21, 2024Nippon Avionics Co., Ltd., Annual General Meeting, Jun 21, 2024.Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥659 (vs JP¥641 in FY 2023)Full year 2024 results: EPS: JP¥659 (up from JP¥641 in FY 2023). Revenue: JP¥18.1b (up 1.7% from FY 2023). Net income: JP¥2.15b (up 19% from FY 2023). Profit margin: 12% (up from 10% in FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risk Shareholders have been diluted in the past year (18% increase in shares outstanding).Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €60.00, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 14x in the Electronic industry in Germany. Total returns to shareholders of 148% over the past three years.お知らせ • Apr 04Nippon Avionics Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Nippon Avionics Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.5%).Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €75.00, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 10x in the Electronic industry in Germany. Total returns to shareholders of 313% over the past three years.Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €64.50, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Electronic industry in Germany. Total returns to shareholders of 276% over the past three years.Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥127 (vs JP¥155 in 3Q 2023)Third quarter 2024 results: EPS: JP¥127 (down from JP¥155 in 3Q 2023). Revenue: JP¥4.58b (down 3.7% from 3Q 2023). Net income: JP¥422.0m (down 3.7% from 3Q 2023). Profit margin: 9.2% (in line with 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 30Nippon Avionics Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Nippon Avionics Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024New Risk • Nov 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.0% average weekly change). Minor Risk Shareholders have been diluted in the past year (34% increase in shares outstanding).Reported Earnings • Oct 31Second quarter 2024 earnings released: EPS: JP¥192 (vs JP¥209 in 2Q 2023)Second quarter 2024 results: EPS: JP¥192. Revenue: JP¥5.06b (up 10% from 2Q 2023). Net income: JP¥616.0m (up 4.4% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.お知らせ • Sep 28Nippon Avionics Co., Ltd. to Report Q2, 2024 Results on Oct 30, 2023Nippon Avionics Co., Ltd. announced that they will report Q2, 2024 results on Oct 30, 2023Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €34.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Electronic industry in Germany. Total returns to shareholders of 134% over the past three years.Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥40.24 (vs JP¥22.31 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥40.24 (up from JP¥22.31 loss in 1Q 2023). Revenue: JP¥3.61b (up 11% from 1Q 2023). Net income: JP¥128.0m (up JP¥191.0m from 1Q 2023). Profit margin: 3.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 30% per year.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €33.60, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 21x in the Electronic industry in Germany. Total returns to shareholders of 50% over the past three years.Buying Opportunity • May 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.7%. The fair value is estimated to be €35.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 37%.Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥643 (vs JP¥575 in FY 2022)Full year 2023 results: EPS: JP¥643 (up from JP¥575 in FY 2022). Revenue: JP¥17.8b (down 7.7% from FY 2022). Net income: JP¥1.82b (up 12% from FY 2022). Profit margin: 10% (up from 8.5% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • May 14Nippon Avionics Co., Ltd. (TSE:6946) announces an Equity Buyback for 75,000 shares, representing 2.35% for ¥300 million.Nippon Avionics Co., Ltd. (TSE:6946) announces a share repurchase program. Under the program, the company will repurchase up to 75,000 shares, representing 2.35% of its share capital, for ¥300 million.The purpose of the program is to increase capital efficiency and improve corporate value. rice field. The program will expire on March 31, 2024. As of March 31, 2023, the company had 3,186,695 shares in issue (excluding treasury stock) and 4,467 shares in treasury.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €31.80, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 25x in the Electronic industry in Germany. Total returns to shareholders of 181% over the past three years.Reported Earnings • Jan 31Third quarter 2023 earnings released: EPS: JP¥155 (vs JP¥89.14 in 3Q 2022)Third quarter 2023 results: EPS: JP¥155 (up from JP¥89.14 in 3Q 2022). Revenue: JP¥4.76b (up 5.1% from 3Q 2022). Net income: JP¥438.0m (up 74% from 3Q 2022). Profit margin: 9.2% (up from 5.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 14Nippon Avionics Co., Ltd. to Report Q3, 2023 Results on Jan 30, 2023Nippon Avionics Co., Ltd. announced that they will report Q3, 2023 results on Jan 30, 2023Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to €21.80, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 26x in the Electronic industry in Germany. Total returns to shareholders of 146% over the past three years.Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Part-Time External Corporate Auditor Maiko Chihara is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥209 (vs JP¥246 in 2Q 2022)Second quarter 2023 results: EPS: JP¥209 (down from JP¥246 in 2Q 2022). Revenue: JP¥4.60b (down 13% from 2Q 2022). Net income: JP¥590.0m (down 15% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 23Nippon Avionics Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022Nippon Avionics Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022Reported Earnings • Aug 03First quarter 2023 earnings released: JP¥22.31 loss per share (vs JP¥63.41 profit in 1Q 2022)First quarter 2023 results: JP¥22.31 loss per share (down from JP¥63.41 profit in 1Q 2022). Revenue: JP¥3.26b (down 25% from 1Q 2022). Net loss: JP¥63.0m (down 135% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 11Nippon Avionics Co., Ltd. to Report Q1, 2023 Results on Aug 02, 2022Nippon Avionics Co., Ltd. announced that they will report Q1, 2023 results on Aug 02, 2022Reported Earnings • Jun 25Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥19.2b (down 4.8% from FY 2021). Net income: JP¥1.63b (up 58% from FY 2021). Profit margin: 8.5% (up from 5.1% in FY 2021). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 27% share price gain to €27.20, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 25x in the Electronic industry in Germany. Total returns to shareholders of 213% over the past three years.お知らせ • May 26Nippon Avionics Co., Ltd. (TSE:6946) announces an Equity Buyback for 5,000 shares, representing 0.18% for ¥10 million.Nippon Avionics Co., Ltd. (TSE:6946) announces a share repurchase program. Under the program, the company will repurchase up to 5,000 shares, representing 0.18% of its share capital, for ¥10 million. The repurchased shares will be used in transfer-restricted share compensation system for directors and executive officers. The program will expire on May 27, 2022. As of April 30, 2022, the company had 2,830,000 shares in issue (excluding treasury stock) and 4,037 shares in treasury.Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥575 (vs JP¥365 in FY 2021)Full year 2022 results: EPS: JP¥575 (up from JP¥365 in FY 2021). Revenue: JP¥19.2b (down 4.8% from FY 2021). Net income: JP¥1.63b (up 58% from FY 2021). Profit margin: 8.5% (up from 5.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 25% share price gain to €23.60, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 21x in the Electronic industry in Germany. Total returns to shareholders of 159% over the past three years.お知らせ • May 18Nippon Avionics Co., Ltd., Annual General Meeting, Jun 22, 2022Nippon Avionics Co., Ltd., Annual General Meeting, Jun 22, 2022.Board Change • Apr 27High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Part-Time External Corporate Auditor Maiko Chihara is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Apr 08Nippon Avionics Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Nippon Avionics Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to €17.80, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 77% over the past three years.Reported Earnings • Jan 29Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥89.13 (down from JP¥108 in 3Q 2021). Revenue: JP¥4.53b (down 15% from 3Q 2021). Net income: JP¥252.0m (down 17% from 3Q 2021). Profit margin: 5.6% (down from 5.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to €24.00, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 27x in the Electronic industry in Germany. Total returns to shareholders of 133% over the past three years.Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to €20.60, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 29x in the Electronic industry in Germany. Total returns to shareholders of 85% over the past three years.Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥246 (vs JP¥176 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥5.27b (down 3.1% from 2Q 2021). Net income: JP¥694.0m (up 40% from 2Q 2021). Profit margin: 13% (up from 9.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥246 (vs JP¥176 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥5.27b (down 3.1% from 2Q 2021). Net income: JP¥694.0m (up 40% from 2Q 2021). Profit margin: 13% (up from 9.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 31First quarter 2022 earnings released: EPS JP¥63.39 (vs JP¥61.64 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.37b (up 18% from 1Q 2021). Net income: JP¥179.0m (up JP¥353.0m from 1Q 2021). Profit margin: 4.1% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 28Full year 2021 earnings released: EPS JP¥365 (vs JP¥26.92 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥20.2b (up 20% from FY 2020). Net income: JP¥1.03b (up JP¥954.0m from FY 2020). Profit margin: 5.1% (up from 0.5% in FY 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improved over the past weekAfter last week's 23% share price gain to JP¥38.20, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 33x in the Electronic industry in Germany. Total returns to shareholders of 179% over the past three years.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improved over the past weekAfter last week's 25% share price gain to JP¥28.00, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 33x in the Electronic industry in Germany. Total returns to shareholders of 95% over the past three years.Reported Earnings • May 29Full year 2021 earnings released: EPS JP¥365 (vs JP¥26.92 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥20.2b (up 20% from FY 2020). Net income: JP¥1.03b (up JP¥954.0m from FY 2020). Profit margin: 5.1% (up from 0.5% in FY 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥26.20, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 30x in the Electronic industry in Germany. Total returns to shareholders of 78% over the past three years.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥18.70, the stock is trading at a trailing P/E ratio of 5.2x, up from the previous P/E ratio of 4.4x. This compares to an average P/E of 32x in the Electronic industry in Germany. Total returns to shareholders over the past three years are 19%.Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥108 (vs JP¥84.31 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥5.33b (up 47% from 3Q 2020). Net income: JP¥305.0m (up JP¥543.0m from 3Q 2020). Profit margin: 5.7% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 12Nippon Avionics Co., Ltd. to Report Q3, 2021 Results on Jan 28, 2021Nippon Avionics Co., Ltd. announced that they will report Q3, 2021 results on Jan 28, 2021Is New 90 Day High Low • Jan 05New 90-day high: €20.40The company is up 9.0% from its price of €18.80 on 06 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 12% over the same period.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥20.40, the stock is trading at a trailing P/E ratio of 9.4x, up from the previous P/E ratio of 8x. This compares to an average P/E of 30x in the Electronic industry in Germany. Total returns to shareholders over the past three years are 5.2%.Reported Earnings • Nov 07Second quarter 2021 earnings released: EPS JP¥176The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥5.44b (up 26% from 2Q 2020). Net income: JP¥497.0m (up JP¥600.0m from 2Q 2020). Profit margin: 9.1% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total profits of JP¥796.0m, up 85% from the prior year. Total revenue was JP¥18.2b over the last 12 months, up 5.0% from the prior year.収支内訳Nippon Avionics の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史BST:6NA 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Dec 2526,1783,1303,36656230 Sep 2523,7192,5303,34456230 Jun 2521,0722,1613,29456231 Mar 2520,1221,9643,27956231 Dec 2418,4722,0483,27148730 Sep 2418,4922,1393,16748730 Jun 2418,5372,2123,13648731 Mar 2418,0552,1493,05948731 Dec 2318,3832,0153,09448730 Sep 2318,5612,0313,12648730 Jun 2318,0962,0053,15048731 Mar 2317,7541,8143,30548731 Dec 2217,6741,4653,51442530 Sep 2217,4441,2793,62242530 Jun 2218,1191,3833,76342531 Mar 2219,2301,6253,76642531 Dec 2119,9071,5273,69839330 Sep 2120,7001,5803,73939330 Jun 2120,8701,3833,68039331 Mar 2120,1951,0303,59739331 Dec 2019,9491,3393,63828030 Sep 2018,2407963,56228030 Jun 2017,1071963,54328031 Mar 2016,805763,61528031 Dec 1916,7924883,54631030 Sep 1917,3744293,55631030 Jun 1917,2185013,55131031 Mar 1917,460223,64031031 Dec 1817,571-9863,79137830 Sep 1817,583-9003,84337830 Jun 1818,4953504,10137831 Mar 1818,7076064,20337831 Dec 1720,6453194,20544030 Sep 1720,637994,32044030 Jun 1720,9728874,23344031 Mar 1721,4421,5104,15244031 Dec 1620,2312,2394,15535430 Sep 1621,0622,3574,17635430 Jun 1622,3817174,18135431 Mar 1622,9201154,31035431 Dec 1524,353-3504,53537230 Sep 1525,669-3314,70037230 Jun 1525,574-4674,716372質の高い収益: 6NAは 高品質の収益 を持っています。利益率の向上: 6NAの現在の純利益率 (12%)は、昨年(11.1%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 6NAの収益は過去 5 年間で年間15%増加しました。成長の加速: 6NAの過去 1 年間の収益成長率 ( 52.8% ) は、5 年間の平均 ( 年間15%を上回っています。収益対業界: 6NAの過去 1 年間の収益成長率 ( 52.8% ) はElectronic業界1.6%を上回りました。株主資本利益率高いROE: 6NAの 自己資本利益率 ( 22.3% ) は 高い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 15:04終値2026/05/07 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Nippon Avionics Co., Ltd. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Yusuke MiuraDaiwa Securities Co. Ltd.Koichi HariyaIchiyoshi Research Institute Inc.Yusuke MatsuuraMarusan Securities Co. Ltd.
お知らせ • 2hNippon Avionics Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Nippon Avionics Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026
Reported Earnings • Feb 01Third quarter 2026 earnings released: EPS: JP¥62.73 (vs JP¥21.40 in 3Q 2025)Third quarter 2026 results: EPS: JP¥62.73 (up from JP¥21.40 in 3Q 2025). Revenue: JP¥7.02b (up 54% from 3Q 2025). Net income: JP¥931.0m (up 181% from 3Q 2025). Profit margin: 13% (up from 7.3% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 27Nippon Avionics Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Nippon Avionics Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026
Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥59.92 (vs JP¥34.86 in 2Q 2025)Second quarter 2026 results: EPS: JP¥59.92 (up from JP¥34.86 in 2Q 2025). Revenue: JP¥7.67b (up 53% from 2Q 2025). Net income: JP¥912.0m (up 68% from 2Q 2025). Profit margin: 12% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 04Nippon Avionics Co., Ltd. to Report Q2, 2026 Results on Oct 29, 2025Nippon Avionics Co., Ltd. announced that they will report Q2, 2026 results on Oct 29, 2025
Reported Earnings • Aug 03First quarter 2026 earnings released: EPS: JP¥25.21 (vs JP¥11.44 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.21 (up from JP¥11.44 in 1Q 2025). Revenue: JP¥5.04b (up 23% from 1Q 2025). Net income: JP¥388.0m (up 103% from 1Q 2025). Profit margin: 7.7% (up from 4.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • 2hNippon Avionics Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Nippon Avionics Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 2.9% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €37.60, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 32x in the Electronic industry in Germany. Total returns to shareholders of 522% over the past three years.
New Risk • Mar 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (14% average weekly change).
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 26%After last week's 26% share price gain to €49.00, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 23x in the Electronic industry in Germany. Total returns to shareholders of 744% over the past three years.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €35.40, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 559% over the past three years.
Reported Earnings • Feb 01Third quarter 2026 earnings released: EPS: JP¥62.73 (vs JP¥21.40 in 3Q 2025)Third quarter 2026 results: EPS: JP¥62.73 (up from JP¥21.40 in 3Q 2025). Revenue: JP¥7.02b (up 54% from 3Q 2025). Net income: JP¥931.0m (up 181% from 3Q 2025). Profit margin: 13% (up from 7.3% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €30.80, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 544% over the past three years.
お知らせ • Dec 27Nippon Avionics Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Nippon Avionics Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026
New Risk • Nov 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change).
New Risk • Oct 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 51% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Share price has been volatile over the past 3 months (9.5% average weekly change).
Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥59.92 (vs JP¥34.86 in 2Q 2025)Second quarter 2026 results: EPS: JP¥59.92 (up from JP¥34.86 in 2Q 2025). Revenue: JP¥7.67b (up 53% from 2Q 2025). Net income: JP¥912.0m (up 68% from 2Q 2025). Profit margin: 12% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €28.40, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 591% over the past three years.
お知らせ • Oct 04Nippon Avionics Co., Ltd. to Report Q2, 2026 Results on Oct 29, 2025Nippon Avionics Co., Ltd. announced that they will report Q2, 2026 results on Oct 29, 2025
Reported Earnings • Aug 03First quarter 2026 earnings released: EPS: JP¥25.21 (vs JP¥11.44 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.21 (up from JP¥11.44 in 1Q 2025). Revenue: JP¥5.04b (up 23% from 1Q 2025). Net income: JP¥388.0m (up 103% from 1Q 2025). Profit margin: 7.7% (up from 4.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €27.60, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 23x in the Electronic industry in Germany. Total returns to shareholders of 628% over the past three years.
お知らせ • Aug 01Nippon Avionics Co., Ltd. (TSE:6946) announces an Equity Buyback for 603,500 shares, representing 3.6% for ¥2,000 million.Nippon Avionics Co., Ltd. (TSE:6946) announces a share repurchase program. Under the program, the company will repurchase up to 603,500 shares, representing 3.6% of its issued share capital, for ¥2,000 million. The shares will be repurchased at price of ¥3,314 per share. The shares will be repurchased from NAJ Holdings Co., Ltd. The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment. If the offer is oversubscribed the company may repurchase up to additional 100 shares. The program will be valid till September 1, 2025. As of June 30, 2025, the company has 16,764,810 issued shares (excluding treasury stock) and 1,374,013 treasury shares.
お知らせ • Jul 08Nippon Avionics Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025Nippon Avionics Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025
Reported Earnings • Jun 27Full year 2025 earnings released: EPS: JP¥124 (vs JP¥132 in FY 2024)Full year 2025 results: EPS: JP¥124 (down from JP¥132 in FY 2024). Revenue: JP¥20.1b (up 11% from FY 2024). Net income: JP¥1.96b (down 8.6% from FY 2024). Profit margin: 9.8% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €25.40, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Electronic industry in Germany. Total returns to shareholders of 490% over the past three years.
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €24.00, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 337% over the past three years.
Valuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €20.20, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Electronic industry in Germany. Total returns to shareholders of 330% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.93 per share.
Reported Earnings • May 15Full year 2025 earnings released: EPS: JP¥124 (vs JP¥132 in FY 2024)Full year 2025 results: EPS: JP¥124 (down from JP¥132 in FY 2024). Revenue: JP¥20.1b (up 11% from FY 2024). Net income: JP¥1.96b (down 8.6% from FY 2024). Profit margin: 9.8% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 13Nippon Avionics Co., Ltd., Annual General Meeting, Jun 24, 2025Nippon Avionics Co., Ltd., Annual General Meeting, Jun 24, 2025.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €17.90, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 390% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.55 per share.
New Risk • Apr 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €13.70, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Electronic industry in Germany. Total returns to shareholders of 256% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.74 per share.
お知らせ • Mar 27Nippon Avionics Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Nippon Avionics Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 4.7% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (1.9%).
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €14.80, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in Germany. Total returns to shareholders of 356% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.58 per share.
Reported Earnings • Feb 02Third quarter 2025 earnings released: EPS: JP¥21.40 (vs JP¥25.40 in 3Q 2024)Third quarter 2025 results: EPS: JP¥21.40 (down from JP¥25.40 in 3Q 2024). Revenue: JP¥4.56b (flat on 3Q 2024). Net income: JP¥331.0m (down 22% from 3Q 2024). Profit margin: 7.3% (down from 9.2% in 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 20Nippon Avionics Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Nippon Avionics Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €15.70, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electronic industry in Germany. Total returns to shareholders of 289% over the past three years.
Reported Earnings • Nov 01Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: JP¥5.02b (flat on 2Q 2024). Net income: JP¥543.0m (down 12% from 2Q 2024). Profit margin: 11% (down from 12% in 2Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 02Nippon Avionics Co., Ltd. to Report Q2, 2025 Results on Oct 29, 2024Nippon Avionics Co., Ltd. announced that they will report Q2, 2025 results on Oct 29, 2024
Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €17.30, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 388% over the past three years.
Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥57.21 (vs JP¥40.24 in 1Q 2024)First quarter 2025 results: EPS: JP¥57.21 (up from JP¥40.24 in 1Q 2024). Revenue: JP¥4.09b (up 13% from 1Q 2024). Net income: JP¥191.0m (up 49% from 1Q 2024). Profit margin: 4.7% (up from 3.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to €52.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 150% over the past three years.
New Risk • Jul 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Shareholders have been diluted in the past year (5.1% increase in shares outstanding).
New Risk • Jul 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (5.1% increase in shares outstanding).
お知らせ • Jul 11Nippon Avionics Co., Ltd. to Report Q1, 2025 Results on Aug 02, 2024Nippon Avionics Co., Ltd. announced that they will report Q1, 2025 results on Aug 02, 2024
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €62.00, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 143% over the past three years.
Reported Earnings • Jun 27Full year 2024 earnings released: EPS: JP¥659 (vs JP¥641 in FY 2023)Full year 2024 results: EPS: JP¥659 (up from JP¥641 in FY 2023). Revenue: JP¥18.1b (up 1.7% from FY 2023). Net income: JP¥2.15b (up 19% from FY 2023). Profit margin: 12% (up from 10% in FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €56.00, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 72% over the past three years.
Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €51.50, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 17x in the Electronic industry in Germany. Total returns to shareholders of 148% over the past three years.
お知らせ • May 15Nippon Avionics Co., Ltd., Annual General Meeting, Jun 21, 2024Nippon Avionics Co., Ltd., Annual General Meeting, Jun 21, 2024.
Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥659 (vs JP¥641 in FY 2023)Full year 2024 results: EPS: JP¥659 (up from JP¥641 in FY 2023). Revenue: JP¥18.1b (up 1.7% from FY 2023). Net income: JP¥2.15b (up 19% from FY 2023). Profit margin: 12% (up from 10% in FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risk Shareholders have been diluted in the past year (18% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €60.00, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 14x in the Electronic industry in Germany. Total returns to shareholders of 148% over the past three years.
お知らせ • Apr 04Nippon Avionics Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Nippon Avionics Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.5%).
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €75.00, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 10x in the Electronic industry in Germany. Total returns to shareholders of 313% over the past three years.
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €64.50, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Electronic industry in Germany. Total returns to shareholders of 276% over the past three years.
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥127 (vs JP¥155 in 3Q 2023)Third quarter 2024 results: EPS: JP¥127 (down from JP¥155 in 3Q 2023). Revenue: JP¥4.58b (down 3.7% from 3Q 2023). Net income: JP¥422.0m (down 3.7% from 3Q 2023). Profit margin: 9.2% (in line with 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 30Nippon Avionics Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Nippon Avionics Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024
New Risk • Nov 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.0% average weekly change). Minor Risk Shareholders have been diluted in the past year (34% increase in shares outstanding).
Reported Earnings • Oct 31Second quarter 2024 earnings released: EPS: JP¥192 (vs JP¥209 in 2Q 2023)Second quarter 2024 results: EPS: JP¥192. Revenue: JP¥5.06b (up 10% from 2Q 2023). Net income: JP¥616.0m (up 4.4% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.
お知らせ • Sep 28Nippon Avionics Co., Ltd. to Report Q2, 2024 Results on Oct 30, 2023Nippon Avionics Co., Ltd. announced that they will report Q2, 2024 results on Oct 30, 2023
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €34.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Electronic industry in Germany. Total returns to shareholders of 134% over the past three years.
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥40.24 (vs JP¥22.31 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥40.24 (up from JP¥22.31 loss in 1Q 2023). Revenue: JP¥3.61b (up 11% from 1Q 2023). Net income: JP¥128.0m (up JP¥191.0m from 1Q 2023). Profit margin: 3.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 30% per year.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €33.60, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 21x in the Electronic industry in Germany. Total returns to shareholders of 50% over the past three years.
Buying Opportunity • May 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.7%. The fair value is estimated to be €35.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 37%.
Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥643 (vs JP¥575 in FY 2022)Full year 2023 results: EPS: JP¥643 (up from JP¥575 in FY 2022). Revenue: JP¥17.8b (down 7.7% from FY 2022). Net income: JP¥1.82b (up 12% from FY 2022). Profit margin: 10% (up from 8.5% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • May 14Nippon Avionics Co., Ltd. (TSE:6946) announces an Equity Buyback for 75,000 shares, representing 2.35% for ¥300 million.Nippon Avionics Co., Ltd. (TSE:6946) announces a share repurchase program. Under the program, the company will repurchase up to 75,000 shares, representing 2.35% of its share capital, for ¥300 million.The purpose of the program is to increase capital efficiency and improve corporate value. rice field. The program will expire on March 31, 2024. As of March 31, 2023, the company had 3,186,695 shares in issue (excluding treasury stock) and 4,467 shares in treasury.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €31.80, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 25x in the Electronic industry in Germany. Total returns to shareholders of 181% over the past three years.
Reported Earnings • Jan 31Third quarter 2023 earnings released: EPS: JP¥155 (vs JP¥89.14 in 3Q 2022)Third quarter 2023 results: EPS: JP¥155 (up from JP¥89.14 in 3Q 2022). Revenue: JP¥4.76b (up 5.1% from 3Q 2022). Net income: JP¥438.0m (up 74% from 3Q 2022). Profit margin: 9.2% (up from 5.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 14Nippon Avionics Co., Ltd. to Report Q3, 2023 Results on Jan 30, 2023Nippon Avionics Co., Ltd. announced that they will report Q3, 2023 results on Jan 30, 2023
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to €21.80, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 26x in the Electronic industry in Germany. Total returns to shareholders of 146% over the past three years.
Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Part-Time External Corporate Auditor Maiko Chihara is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥209 (vs JP¥246 in 2Q 2022)Second quarter 2023 results: EPS: JP¥209 (down from JP¥246 in 2Q 2022). Revenue: JP¥4.60b (down 13% from 2Q 2022). Net income: JP¥590.0m (down 15% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 23Nippon Avionics Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022Nippon Avionics Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022
Reported Earnings • Aug 03First quarter 2023 earnings released: JP¥22.31 loss per share (vs JP¥63.41 profit in 1Q 2022)First quarter 2023 results: JP¥22.31 loss per share (down from JP¥63.41 profit in 1Q 2022). Revenue: JP¥3.26b (down 25% from 1Q 2022). Net loss: JP¥63.0m (down 135% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 11Nippon Avionics Co., Ltd. to Report Q1, 2023 Results on Aug 02, 2022Nippon Avionics Co., Ltd. announced that they will report Q1, 2023 results on Aug 02, 2022
Reported Earnings • Jun 25Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥19.2b (down 4.8% from FY 2021). Net income: JP¥1.63b (up 58% from FY 2021). Profit margin: 8.5% (up from 5.1% in FY 2021). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 27% share price gain to €27.20, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 25x in the Electronic industry in Germany. Total returns to shareholders of 213% over the past three years.
お知らせ • May 26Nippon Avionics Co., Ltd. (TSE:6946) announces an Equity Buyback for 5,000 shares, representing 0.18% for ¥10 million.Nippon Avionics Co., Ltd. (TSE:6946) announces a share repurchase program. Under the program, the company will repurchase up to 5,000 shares, representing 0.18% of its share capital, for ¥10 million. The repurchased shares will be used in transfer-restricted share compensation system for directors and executive officers. The program will expire on May 27, 2022. As of April 30, 2022, the company had 2,830,000 shares in issue (excluding treasury stock) and 4,037 shares in treasury.
Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥575 (vs JP¥365 in FY 2021)Full year 2022 results: EPS: JP¥575 (up from JP¥365 in FY 2021). Revenue: JP¥19.2b (down 4.8% from FY 2021). Net income: JP¥1.63b (up 58% from FY 2021). Profit margin: 8.5% (up from 5.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 25% share price gain to €23.60, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 21x in the Electronic industry in Germany. Total returns to shareholders of 159% over the past three years.
お知らせ • May 18Nippon Avionics Co., Ltd., Annual General Meeting, Jun 22, 2022Nippon Avionics Co., Ltd., Annual General Meeting, Jun 22, 2022.
Board Change • Apr 27High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Part-Time External Corporate Auditor Maiko Chihara is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 08Nippon Avionics Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Nippon Avionics Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to €17.80, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 77% over the past three years.
Reported Earnings • Jan 29Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥89.13 (down from JP¥108 in 3Q 2021). Revenue: JP¥4.53b (down 15% from 3Q 2021). Net income: JP¥252.0m (down 17% from 3Q 2021). Profit margin: 5.6% (down from 5.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to €24.00, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 27x in the Electronic industry in Germany. Total returns to shareholders of 133% over the past three years.
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to €20.60, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 29x in the Electronic industry in Germany. Total returns to shareholders of 85% over the past three years.
Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥246 (vs JP¥176 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥5.27b (down 3.1% from 2Q 2021). Net income: JP¥694.0m (up 40% from 2Q 2021). Profit margin: 13% (up from 9.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥246 (vs JP¥176 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥5.27b (down 3.1% from 2Q 2021). Net income: JP¥694.0m (up 40% from 2Q 2021). Profit margin: 13% (up from 9.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 31First quarter 2022 earnings released: EPS JP¥63.39 (vs JP¥61.64 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.37b (up 18% from 1Q 2021). Net income: JP¥179.0m (up JP¥353.0m from 1Q 2021). Profit margin: 4.1% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 28Full year 2021 earnings released: EPS JP¥365 (vs JP¥26.92 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥20.2b (up 20% from FY 2020). Net income: JP¥1.03b (up JP¥954.0m from FY 2020). Profit margin: 5.1% (up from 0.5% in FY 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improved over the past weekAfter last week's 23% share price gain to JP¥38.20, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 33x in the Electronic industry in Germany. Total returns to shareholders of 179% over the past three years.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improved over the past weekAfter last week's 25% share price gain to JP¥28.00, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 33x in the Electronic industry in Germany. Total returns to shareholders of 95% over the past three years.
Reported Earnings • May 29Full year 2021 earnings released: EPS JP¥365 (vs JP¥26.92 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥20.2b (up 20% from FY 2020). Net income: JP¥1.03b (up JP¥954.0m from FY 2020). Profit margin: 5.1% (up from 0.5% in FY 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥26.20, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 30x in the Electronic industry in Germany. Total returns to shareholders of 78% over the past three years.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥18.70, the stock is trading at a trailing P/E ratio of 5.2x, up from the previous P/E ratio of 4.4x. This compares to an average P/E of 32x in the Electronic industry in Germany. Total returns to shareholders over the past three years are 19%.
Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥108 (vs JP¥84.31 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥5.33b (up 47% from 3Q 2020). Net income: JP¥305.0m (up JP¥543.0m from 3Q 2020). Profit margin: 5.7% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 12Nippon Avionics Co., Ltd. to Report Q3, 2021 Results on Jan 28, 2021Nippon Avionics Co., Ltd. announced that they will report Q3, 2021 results on Jan 28, 2021
Is New 90 Day High Low • Jan 05New 90-day high: €20.40The company is up 9.0% from its price of €18.80 on 06 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 12% over the same period.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥20.40, the stock is trading at a trailing P/E ratio of 9.4x, up from the previous P/E ratio of 8x. This compares to an average P/E of 30x in the Electronic industry in Germany. Total returns to shareholders over the past three years are 5.2%.
Reported Earnings • Nov 07Second quarter 2021 earnings released: EPS JP¥176The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥5.44b (up 26% from 2Q 2020). Net income: JP¥497.0m (up JP¥600.0m from 2Q 2020). Profit margin: 9.1% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total profits of JP¥796.0m, up 85% from the prior year. Total revenue was JP¥18.2b over the last 12 months, up 5.0% from the prior year.