View ValuationNGK 향후 성장Future 기준 점검 1/6NGK (는) 각각 연간 14.9% 및 5.6% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 15.8% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 10.9% 로 예상됩니다.핵심 정보14.9%이익 성장률15.78%EPS 성장률Machinery 이익 성장21.9%매출 성장률5.6%향후 자기자본이익률10.85%애널리스트 커버리지Good마지막 업데이트29 Jun 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Jun 27NGK Corporation to Report Q1, 2027 Results on Jul 30, 2026NGK Corporation announced that they will report Q1, 2027 results on Jul 30, 2026Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €37.60, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 261% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.33 per share.Board Change • May 21Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Noriko Kawakami was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공시 • Apr 30NGK Corporation, Annual General Meeting, Jun 29, 2026NGK Corporation, Annual General Meeting, Jun 29, 2026.공시 • Apr 13NGK Corporation to Report Fiscal Year 2026 Results on Apr 30, 2026NGK Corporation announced that they will report fiscal year 2026 results on Apr 30, 2026공시 • Jan 29+ 1 more updateNGK Insulators, Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2026NGK Insulators, Ltd. provided dividend guidance for the Fiscal Year ending March 31, 2026. For the year, the company expects dividend of JPY 38.00 per share compared to JPY 30.00 per share a year ago.공시 • Dec 02NGK Insulators, Ltd. to Report Q3, 2026 Results on Jan 29, 2026NGK Insulators, Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026공시 • Sep 27NGK Insulators, Ltd. to Report Q2, 2026 Results on Oct 31, 2025NGK Insulators, Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025공시 • Jul 31NGK Insulators, Ltd. (TSE:5333) announces an Equity Buyback for 8,000,000 shares, representing 2.73% for ¥15,000 million.NGK Insulators, Ltd. (TSE:5333) announces a share repurchase program. Under the program, the company will repurchase up to 8,000,000 shares, representing 2.73% of its share capital, for ¥15,000 million. The repurchase program is aimed to improve capital efficiency and carry out flexible capital policies in accordance with the business environment The program will expire on December 23, 2025. As of June 30, 2025, the company had 293,119,112 shares in issue (excluding treasury stock) and 4,837,884 shares in treasury.공시 • Jun 03NGK Insulators, Ltd. to Report Q1, 2026 Results on Jul 31, 2025NGK Insulators, Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025공시 • Apr 28NGK Insulators, Ltd., Annual General Meeting, Jun 26, 2025NGK Insulators, Ltd., Annual General Meeting, Jun 26, 2025.공시 • Mar 05NGK Insulators, Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2025NGK Insulators, Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2025공시 • Feb 27NGK Insulators, Ltd. (TSE:5333) agreed to acquire Deutsche KNM GmbH from KNM Process Systems Sdn Bhd for €0.27 million.NGK Insulators, Ltd. (TSE:5333) agreed to acquire Deutsche KNM GmbH from KNM Process Systems Sdn Bhd for €0.27 million on February 27, 2025.The share acquisition will be executed after obtaining approvals from relevant authorities.공시 • Jan 17NGK Insulators, Ltd. to Report Q3, 2025 Results on Jan 31, 2025NGK Insulators, Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥50.25 (vs JP¥20.16 in 2Q 2024)Second quarter 2025 results: EPS: JP¥50.25 (up from JP¥20.16 in 2Q 2024). Revenue: JP¥145.8b (up 3.0% from 2Q 2024). Net income: JP¥14.9b (up 141% from 2Q 2024). Profit margin: 10% (up from 4.4% in 2Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • Sep 27NGK Insulators, Ltd. to Report Q2, 2025 Results on Oct 31, 2024NGK Insulators, Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.5%).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €10.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Machinery industry in Germany. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.24 per share.Reported Earnings • Jul 31First quarter 2025 earnings released: EPS: JP¥36.80 (vs JP¥39.20 in 1Q 2024)First quarter 2025 results: EPS: JP¥36.80 (down from JP¥39.20 in 1Q 2024). Revenue: JP¥152.5b (up 7.9% from 1Q 2024). Net income: JP¥11.0b (down 8.7% from 1Q 2024). Profit margin: 7.2% (down from 8.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • Jul 29NGK Insulators, Ltd. (TSE:5333) announces an Equity Buyback for 5,000,000 shares, representing 1.68% for ¥10,000 million.NGK Insulators, Ltd. (TSE:5333) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 1.68% of its share capital, for ¥10,000 million. The repurchase program is aimed to improve capital efficiency and carry out flexible capital policies in accordance with the business environment The program will expire on November 29, 2024. As of June 30, 2024, the company had 297,934,891 shares in issue (excluding treasury stock) and 14,022,105 shares in treasury.Buy Or Sell Opportunity • Jul 01Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at €12.10. The fair value is estimated to be €15.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 6.7%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Buy Or Sell Opportunity • Jun 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.7% to €11.50. The fair value is estimated to be €14.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 6.7%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Buy Or Sell Opportunity • Jun 18Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.7% to €11.70. The fair value is estimated to be €14.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 6.7%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.공시 • Jun 15NGK Insulators, Ltd. to Report Q1, 2025 Results on Jul 29, 2024NGK Insulators, Ltd. announced that they will report Q1, 2025 results on Jul 29, 2024Reported Earnings • May 01Full year 2024 earnings released: EPS: JP¥134 (vs JP¥177 in FY 2023)Full year 2024 results: EPS: JP¥134 (down from JP¥177 in FY 2023). Revenue: JP¥578.9b (up 3.5% from FY 2023). Net income: JP¥40.6b (down 26% from FY 2023). Profit margin: 7.0% (down from 9.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year.공시 • Apr 29NGK Insulators, Ltd., Annual General Meeting, Jun 26, 2024NGK Insulators, Ltd., Annual General Meeting, Jun 26, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 27 June 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.2%).공시 • Mar 14NGK Insulators, Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2024NGK Insulators, Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2024Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥51.82 (vs JP¥80.95 in 3Q 2023)Third quarter 2024 results: EPS: JP¥51.82 (down from JP¥80.95 in 3Q 2023). Revenue: JP¥139.6b (flat on 3Q 2023). Net income: JP¥15.7b (down 38% from 3Q 2023). Profit margin: 11% (down from 18% in 3Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 30Second quarter 2024 earnings released: EPS: JP¥20.16 (vs JP¥27.42 in 2Q 2023)Second quarter 2024 results: EPS: JP¥20.16 (down from JP¥27.42 in 2Q 2023). Revenue: JP¥141.6b (down 1.5% from 2Q 2023). Net income: JP¥6.18b (down 28% from 2Q 2023). Profit margin: 4.4% (down from 5.9% in 2Q 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공시 • Oct 29NGK Insulators, Ltd. (TSE:5333) announces an Equity Buyback for 8,500,000 shares, representing 2.77% for ¥15,000 million.NGK Insulators, Ltd. (TSE:5333) announces a share repurchase program. Under the program, the company will repurchase up to 8,500,000 shares, representing 2.77% of its share capital, for ¥15,000 million. The repurchase program is aimed to improve capital efficiency and carry out flexible capital policies in accordance with the business environment The program will expire on February 29, 2024. As of September 30, 2023, the company had 306,418,755 shares in issue (excluding treasury stock) and 5,538,241 shares in treasury.Buying Opportunity • Oct 01Now 20% undervaluedOver the last 90 days, the stock is up 15%. The fair value is estimated to be €15.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period.Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.8%).Buying Opportunity • Sep 04Now 20% undervaluedOver the last 90 days, the stock is up 7.0%. The fair value is estimated to be €15.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period.New Risk • Aug 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.6% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (8.6% net profit margin).Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥39.20 (vs JP¥57.64 in 1Q 2023)First quarter 2024 results: EPS: JP¥39.20 (down from JP¥57.64 in 1Q 2023). Revenue: JP¥141.3b (up 7.9% from 1Q 2023). Net income: JP¥12.0b (down 33% from 1Q 2023). Profit margin: 8.5% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Jun 28+ 2 more updatesNGK Insulators, Ltd. to Report Q2, 2024 Results on Oct 27, 2023NGK Insulators, Ltd. announced that they will report Q2, 2024 results on Oct 27, 2023Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥177 (vs JP¥227 in FY 2022)Full year 2023 results: EPS: JP¥177 (down from JP¥227 in FY 2022). Revenue: JP¥559.2b (up 9.6% from FY 2022). Net income: JP¥55.0b (down 22% from FY 2022). Profit margin: 9.8% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 28 June 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%).Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥80.95 (vs JP¥46.21 in 3Q 2022)Third quarter 2023 results: EPS: JP¥80.95 (up from JP¥46.21 in 3Q 2022). Revenue: JP¥140.4b (up 15% from 3Q 2022). Net income: JP¥25.1b (up 74% from 3Q 2022). Profit margin: 18% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Kazuo Furukawa was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Second quarter 2023 earnings released: EPS: JP¥27.42 (vs JP¥50.56 in 2Q 2022)Second quarter 2023 results: EPS: JP¥27.42 (down from JP¥50.56 in 2Q 2022). Revenue: JP¥143.7b (up 18% from 2Q 2022). Net income: JP¥8.55b (down 46% from 2Q 2022). Profit margin: 5.9% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Oct 29NGK Insulators, Ltd. (TSE:5333) announces an Equity Buyback for 5,500,000 shares, representing 1.76% for ¥10,000 million.NGK Insulators, Ltd. (TSE:5333) announces a share repurchase program. Under the program, the company will repurchase up to 5,500,000 shares, representing 1.76% for ¥10,000 million. The purpose of the program is to improve capital efficiency and implement flexible capital policies according to the business environment. The program will expire on February 28, 2023. As of September 30, 2022, the company had 311,771,350 shares in issue and 5,558,646 shares in treasury.Upcoming Dividend • Sep 22Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (3.2%).Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥57.64 (vs JP¥51.30 in 1Q 2022)First quarter 2023 results: EPS: JP¥57.64 (up from JP¥51.30 in 1Q 2022). Revenue: JP¥131.0b (up 1.7% from 1Q 2022). Net income: JP¥18.0b (up 11% from 1Q 2022). Profit margin: 14% (up from 13% in 1Q 2022). Over the next year, revenue is forecast to grow 14%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공시 • May 29+ 2 more updatesNGK Insulators, Ltd. to Report Q2, 2023 Results on Oct 28, 2022NGK Insulators, Ltd. announced that they will report Q2, 2023 results on Oct 28, 2022공시 • May 02NGK Insulators, Ltd., Annual General Meeting, Jun 27, 2022NGK Insulators, Ltd., Annual General Meeting, Jun 27, 2022.Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥227 (vs JP¥122 in FY 2021)Full year 2022 results: EPS: JP¥227 (up from JP¥122 in FY 2021). Revenue: JP¥510.4b (up 13% from FY 2021). Net income: JP¥70.9b (up 84% from FY 2021). Profit margin: 14% (up from 8.5% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.0%, compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Kazuo Furukawa was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공시 • Apr 08NGK Insulators, Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022NGK Insulators, Ltd. announced that they will report fiscal year 2022 results on Apr 28, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 29 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.9%).Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥46.21 (down from JP¥59.59 in 3Q 2021). Revenue: JP¥121.7b (down 1.7% from 3Q 2021). Net income: JP¥14.4b (down 24% from 3Q 2021). Profit margin: 12% (down from 15% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 5.8%. Over the next year, revenue is forecast to grow 5.4%, compared to a 10.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 30Second quarter 2022 earnings released: EPS JP¥50.56 (vs JP¥23.73 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥121.4b (up 8.5% from 2Q 2021). Net income: JP¥15.8b (up 110% from 2Q 2021). Profit margin: 13% (up from 6.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.0%).Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥51.30 (vs JP¥0.77 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¥128.8b (up 55% from 1Q 2021). Net income: JP¥16.2b (up JP¥16.4b from 1Q 2021). Profit margin: 13% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Executive Departure • Jul 01Senior VP, GM of Tokyo Main Office & Director Susumu Sakabe has left the companyOn the 22nd of June, Susumu Sakabe's tenure as Senior VP, GM of Tokyo Main Office & Director ended after 11.1 years in the role. We don't have any record of a personal shareholding under Susumu's name. Susumu is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.42 years, which is considered inexperienced in the Simply Wall St Risk Model.Reported Earnings • May 01Full year 2021 earnings released: EPS JP¥122 (vs JP¥84.73 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥452.0b (up 2.3% from FY 2020). Net income: JP¥38.5b (up 42% from FY 2020). Profit margin: 8.5% (up from 6.1% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 30 June 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.2%).Is New 90 Day High Low • Mar 11New 90-day high: €15.60The company is up 22% from its price of €12.80 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.24 per share.공시 • Mar 04NGK Insulators, Ltd. to Report Fiscal Year 2021 Results on Apr 28, 2021NGK Insulators, Ltd. announced that they will report fiscal year 2021 results on Apr 28, 2021Reported Earnings • Feb 04Third quarter 2021 earnings released: EPS JP¥59.59 (vs JP¥31.34 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥123.9b (up 14% from 3Q 2020). Net income: JP¥18.9b (up 88% from 3Q 2020). Profit margin: 15% (up from 9.2% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 04Revenue beats expectationsRevenue exceeded analyst estimates by 6.7%. Over the next year, revenue is forecast to grow 8.2%, compared to a 4.9% growth forecast for the Machinery industry in Germany.Is New 90 Day High Low • Jan 28New 90-day high: €14.60The company is up 23% from its price of €11.90 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.54 per share.공시 • Nov 29NGK Insulators, Ltd. to Report Q3, 2021 Results on Jan 29, 2021NGK Insulators, Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021Is New 90 Day High Low • Nov 11New 90-day high: €13.70The company is up 13% from its price of €12.10 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.13 per share.Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥23.73The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥111.9b (flat on 2Q 2020). Net income: JP¥7.51b (down 24% from 2Q 2020). Profit margin: 6.7% (down from 8.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 7.5% while the growth in Machinery industry in Germany is expected to stay flat.Reported Earnings • Nov 02Second quarter 2021 earnings released: EPS JP¥23.73The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥111.9b (flat on 2Q 2020). Net income: JP¥7.51b (down 24% from 2Q 2020). Profit margin: 6.7% (down from 8.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Nov 02Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 7.8% while the growth in Machinery industry in Germany is expected to stay flat.Is New 90 Day High Low • Oct 24New 90-day high: €12.90The company is up 13% from its price of €11.40 on 24 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.10 per share.공시 • Oct 08NGK Insulators, Ltd. to Report Q2, 2021 Results on Oct 30, 2020NGK Insulators, Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020이익 및 매출 성장 예측DB:NGI - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2029794,01799,36767,207147,69963/31/2028758,87192,07959,440139,70773/31/2027717,78686,12263,753124,38973/31/2026670,12559,93682,519137,989N/A12/31/2025651,97055,058N/AN/AN/A9/30/2025647,36552,93478,494126,615N/A6/30/2025633,45061,868N/AN/AN/A3/31/2025619,51354,93352,91096,658N/A12/31/2024611,83747,687N/AN/AN/A9/30/2024594,38148,25051,81296,378N/A6/30/2024590,10339,521N/AN/AN/A3/31/2024578,91340,56254,02499,159N/A12/31/2023566,68637,288N/AN/AN/A9/30/2023567,43646,71962,304108,429N/A6/30/2023569,57149,090N/AN/AN/A3/31/2023559,24055,04854,79697,949N/A12/31/2022553,63876,128N/AN/AN/A9/30/2022534,96865,41141,44281,097N/A6/30/2022512,66072,644N/AN/AN/A3/31/2022510,43970,85157,40394,831N/A12/31/2021505,12058,723N/AN/AN/A9/30/2021507,26063,17975,257114,719N/A6/30/2021497,79254,910N/AN/AN/A3/31/2021452,04338,49632,29985,641N/A12/31/2020431,85521,984N/AN/AN/A9/30/2020417,13213,158-19,45353,549N/A6/30/2020416,47615,478N/AN/AN/A3/31/2020441,95627,135-40,59853,200N/A12/31/2019449,68931,455N/AN/AN/A9/30/2019455,10732,045N/A55,968N/A6/30/2019456,76435,110N/AN/AN/A3/31/2019463,50435,506N/A61,224N/A12/31/2018461,45247,588N/AN/AN/A9/30/2018459,53450,727N/A61,828N/A6/30/2018456,33146,344N/AN/AN/A3/31/2018451,12545,814N/A50,554N/A12/31/2017440,31535,185N/AN/AN/A9/30/2017426,76634,454N/A51,994N/A6/30/2017412,33535,012N/AN/AN/A3/31/2017401,26636,379N/A80,172N/A12/31/2016418,83649,172N/AN/AN/A9/30/2016419,46947,545N/A75,397N/A6/30/2016430,23752,117N/AN/AN/A3/31/2016435,79753,316N/A59,445N/A12/31/2015418,40544,603N/AN/AN/A9/30/2015421,23448,895N/A73,749N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: NGI 의 연간 예상 수익 증가율(14.9%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: NGI 의 연간 수익(14.9%)이 German 시장(16.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: NGI 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: NGI 의 수익(연간 5.6%)이 German 시장(연간 6.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: NGI 의 수익(연간 5.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: NGI의 자본 수익률은 3년 후 10.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/12 00:33종가2026/07/10 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스NGK Corporation는 14명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Kazunori ItoBarclaysKyoji ChibaBofA Global ResearchRyohei MasumotoCitigroup Inc11명의 분석가 더 보기
공시 • Jun 27NGK Corporation to Report Q1, 2027 Results on Jul 30, 2026NGK Corporation announced that they will report Q1, 2027 results on Jul 30, 2026
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €37.60, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 261% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.33 per share.
Board Change • May 21Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Noriko Kawakami was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공시 • Apr 30NGK Corporation, Annual General Meeting, Jun 29, 2026NGK Corporation, Annual General Meeting, Jun 29, 2026.
공시 • Apr 13NGK Corporation to Report Fiscal Year 2026 Results on Apr 30, 2026NGK Corporation announced that they will report fiscal year 2026 results on Apr 30, 2026
공시 • Jan 29+ 1 more updateNGK Insulators, Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2026NGK Insulators, Ltd. provided dividend guidance for the Fiscal Year ending March 31, 2026. For the year, the company expects dividend of JPY 38.00 per share compared to JPY 30.00 per share a year ago.
공시 • Dec 02NGK Insulators, Ltd. to Report Q3, 2026 Results on Jan 29, 2026NGK Insulators, Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026
공시 • Sep 27NGK Insulators, Ltd. to Report Q2, 2026 Results on Oct 31, 2025NGK Insulators, Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025
공시 • Jul 31NGK Insulators, Ltd. (TSE:5333) announces an Equity Buyback for 8,000,000 shares, representing 2.73% for ¥15,000 million.NGK Insulators, Ltd. (TSE:5333) announces a share repurchase program. Under the program, the company will repurchase up to 8,000,000 shares, representing 2.73% of its share capital, for ¥15,000 million. The repurchase program is aimed to improve capital efficiency and carry out flexible capital policies in accordance with the business environment The program will expire on December 23, 2025. As of June 30, 2025, the company had 293,119,112 shares in issue (excluding treasury stock) and 4,837,884 shares in treasury.
공시 • Jun 03NGK Insulators, Ltd. to Report Q1, 2026 Results on Jul 31, 2025NGK Insulators, Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025
공시 • Apr 28NGK Insulators, Ltd., Annual General Meeting, Jun 26, 2025NGK Insulators, Ltd., Annual General Meeting, Jun 26, 2025.
공시 • Mar 05NGK Insulators, Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2025NGK Insulators, Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2025
공시 • Feb 27NGK Insulators, Ltd. (TSE:5333) agreed to acquire Deutsche KNM GmbH from KNM Process Systems Sdn Bhd for €0.27 million.NGK Insulators, Ltd. (TSE:5333) agreed to acquire Deutsche KNM GmbH from KNM Process Systems Sdn Bhd for €0.27 million on February 27, 2025.The share acquisition will be executed after obtaining approvals from relevant authorities.
공시 • Jan 17NGK Insulators, Ltd. to Report Q3, 2025 Results on Jan 31, 2025NGK Insulators, Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025
Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥50.25 (vs JP¥20.16 in 2Q 2024)Second quarter 2025 results: EPS: JP¥50.25 (up from JP¥20.16 in 2Q 2024). Revenue: JP¥145.8b (up 3.0% from 2Q 2024). Net income: JP¥14.9b (up 141% from 2Q 2024). Profit margin: 10% (up from 4.4% in 2Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • Sep 27NGK Insulators, Ltd. to Report Q2, 2025 Results on Oct 31, 2024NGK Insulators, Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.5%).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €10.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Machinery industry in Germany. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.24 per share.
Reported Earnings • Jul 31First quarter 2025 earnings released: EPS: JP¥36.80 (vs JP¥39.20 in 1Q 2024)First quarter 2025 results: EPS: JP¥36.80 (down from JP¥39.20 in 1Q 2024). Revenue: JP¥152.5b (up 7.9% from 1Q 2024). Net income: JP¥11.0b (down 8.7% from 1Q 2024). Profit margin: 7.2% (down from 8.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • Jul 29NGK Insulators, Ltd. (TSE:5333) announces an Equity Buyback for 5,000,000 shares, representing 1.68% for ¥10,000 million.NGK Insulators, Ltd. (TSE:5333) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 1.68% of its share capital, for ¥10,000 million. The repurchase program is aimed to improve capital efficiency and carry out flexible capital policies in accordance with the business environment The program will expire on November 29, 2024. As of June 30, 2024, the company had 297,934,891 shares in issue (excluding treasury stock) and 14,022,105 shares in treasury.
Buy Or Sell Opportunity • Jul 01Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at €12.10. The fair value is estimated to be €15.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 6.7%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Buy Or Sell Opportunity • Jun 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.7% to €11.50. The fair value is estimated to be €14.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 6.7%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Buy Or Sell Opportunity • Jun 18Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.7% to €11.70. The fair value is estimated to be €14.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 6.7%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
공시 • Jun 15NGK Insulators, Ltd. to Report Q1, 2025 Results on Jul 29, 2024NGK Insulators, Ltd. announced that they will report Q1, 2025 results on Jul 29, 2024
Reported Earnings • May 01Full year 2024 earnings released: EPS: JP¥134 (vs JP¥177 in FY 2023)Full year 2024 results: EPS: JP¥134 (down from JP¥177 in FY 2023). Revenue: JP¥578.9b (up 3.5% from FY 2023). Net income: JP¥40.6b (down 26% from FY 2023). Profit margin: 7.0% (down from 9.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year.
공시 • Apr 29NGK Insulators, Ltd., Annual General Meeting, Jun 26, 2024NGK Insulators, Ltd., Annual General Meeting, Jun 26, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 27 June 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.2%).
공시 • Mar 14NGK Insulators, Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2024NGK Insulators, Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2024
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥51.82 (vs JP¥80.95 in 3Q 2023)Third quarter 2024 results: EPS: JP¥51.82 (down from JP¥80.95 in 3Q 2023). Revenue: JP¥139.6b (flat on 3Q 2023). Net income: JP¥15.7b (down 38% from 3Q 2023). Profit margin: 11% (down from 18% in 3Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 30Second quarter 2024 earnings released: EPS: JP¥20.16 (vs JP¥27.42 in 2Q 2023)Second quarter 2024 results: EPS: JP¥20.16 (down from JP¥27.42 in 2Q 2023). Revenue: JP¥141.6b (down 1.5% from 2Q 2023). Net income: JP¥6.18b (down 28% from 2Q 2023). Profit margin: 4.4% (down from 5.9% in 2Q 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공시 • Oct 29NGK Insulators, Ltd. (TSE:5333) announces an Equity Buyback for 8,500,000 shares, representing 2.77% for ¥15,000 million.NGK Insulators, Ltd. (TSE:5333) announces a share repurchase program. Under the program, the company will repurchase up to 8,500,000 shares, representing 2.77% of its share capital, for ¥15,000 million. The repurchase program is aimed to improve capital efficiency and carry out flexible capital policies in accordance with the business environment The program will expire on February 29, 2024. As of September 30, 2023, the company had 306,418,755 shares in issue (excluding treasury stock) and 5,538,241 shares in treasury.
Buying Opportunity • Oct 01Now 20% undervaluedOver the last 90 days, the stock is up 15%. The fair value is estimated to be €15.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.8%).
Buying Opportunity • Sep 04Now 20% undervaluedOver the last 90 days, the stock is up 7.0%. The fair value is estimated to be €15.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period.
New Risk • Aug 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.6% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (8.6% net profit margin).
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥39.20 (vs JP¥57.64 in 1Q 2023)First quarter 2024 results: EPS: JP¥39.20 (down from JP¥57.64 in 1Q 2023). Revenue: JP¥141.3b (up 7.9% from 1Q 2023). Net income: JP¥12.0b (down 33% from 1Q 2023). Profit margin: 8.5% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Jun 28+ 2 more updatesNGK Insulators, Ltd. to Report Q2, 2024 Results on Oct 27, 2023NGK Insulators, Ltd. announced that they will report Q2, 2024 results on Oct 27, 2023
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥177 (vs JP¥227 in FY 2022)Full year 2023 results: EPS: JP¥177 (down from JP¥227 in FY 2022). Revenue: JP¥559.2b (up 9.6% from FY 2022). Net income: JP¥55.0b (down 22% from FY 2022). Profit margin: 9.8% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 28 June 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%).
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥80.95 (vs JP¥46.21 in 3Q 2022)Third quarter 2023 results: EPS: JP¥80.95 (up from JP¥46.21 in 3Q 2022). Revenue: JP¥140.4b (up 15% from 3Q 2022). Net income: JP¥25.1b (up 74% from 3Q 2022). Profit margin: 18% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Kazuo Furukawa was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Second quarter 2023 earnings released: EPS: JP¥27.42 (vs JP¥50.56 in 2Q 2022)Second quarter 2023 results: EPS: JP¥27.42 (down from JP¥50.56 in 2Q 2022). Revenue: JP¥143.7b (up 18% from 2Q 2022). Net income: JP¥8.55b (down 46% from 2Q 2022). Profit margin: 5.9% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Oct 29NGK Insulators, Ltd. (TSE:5333) announces an Equity Buyback for 5,500,000 shares, representing 1.76% for ¥10,000 million.NGK Insulators, Ltd. (TSE:5333) announces a share repurchase program. Under the program, the company will repurchase up to 5,500,000 shares, representing 1.76% for ¥10,000 million. The purpose of the program is to improve capital efficiency and implement flexible capital policies according to the business environment. The program will expire on February 28, 2023. As of September 30, 2022, the company had 311,771,350 shares in issue and 5,558,646 shares in treasury.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (3.2%).
Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥57.64 (vs JP¥51.30 in 1Q 2022)First quarter 2023 results: EPS: JP¥57.64 (up from JP¥51.30 in 1Q 2022). Revenue: JP¥131.0b (up 1.7% from 1Q 2022). Net income: JP¥18.0b (up 11% from 1Q 2022). Profit margin: 14% (up from 13% in 1Q 2022). Over the next year, revenue is forecast to grow 14%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공시 • May 29+ 2 more updatesNGK Insulators, Ltd. to Report Q2, 2023 Results on Oct 28, 2022NGK Insulators, Ltd. announced that they will report Q2, 2023 results on Oct 28, 2022
공시 • May 02NGK Insulators, Ltd., Annual General Meeting, Jun 27, 2022NGK Insulators, Ltd., Annual General Meeting, Jun 27, 2022.
Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥227 (vs JP¥122 in FY 2021)Full year 2022 results: EPS: JP¥227 (up from JP¥122 in FY 2021). Revenue: JP¥510.4b (up 13% from FY 2021). Net income: JP¥70.9b (up 84% from FY 2021). Profit margin: 14% (up from 8.5% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.0%, compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Kazuo Furukawa was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공시 • Apr 08NGK Insulators, Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022NGK Insulators, Ltd. announced that they will report fiscal year 2022 results on Apr 28, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 29 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.9%).
Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥46.21 (down from JP¥59.59 in 3Q 2021). Revenue: JP¥121.7b (down 1.7% from 3Q 2021). Net income: JP¥14.4b (down 24% from 3Q 2021). Profit margin: 12% (down from 15% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 5.8%. Over the next year, revenue is forecast to grow 5.4%, compared to a 10.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 30Second quarter 2022 earnings released: EPS JP¥50.56 (vs JP¥23.73 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥121.4b (up 8.5% from 2Q 2021). Net income: JP¥15.8b (up 110% from 2Q 2021). Profit margin: 13% (up from 6.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.0%).
Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥51.30 (vs JP¥0.77 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¥128.8b (up 55% from 1Q 2021). Net income: JP¥16.2b (up JP¥16.4b from 1Q 2021). Profit margin: 13% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Executive Departure • Jul 01Senior VP, GM of Tokyo Main Office & Director Susumu Sakabe has left the companyOn the 22nd of June, Susumu Sakabe's tenure as Senior VP, GM of Tokyo Main Office & Director ended after 11.1 years in the role. We don't have any record of a personal shareholding under Susumu's name. Susumu is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.42 years, which is considered inexperienced in the Simply Wall St Risk Model.
Reported Earnings • May 01Full year 2021 earnings released: EPS JP¥122 (vs JP¥84.73 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥452.0b (up 2.3% from FY 2020). Net income: JP¥38.5b (up 42% from FY 2020). Profit margin: 8.5% (up from 6.1% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 30 June 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.2%).
Is New 90 Day High Low • Mar 11New 90-day high: €15.60The company is up 22% from its price of €12.80 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.24 per share.
공시 • Mar 04NGK Insulators, Ltd. to Report Fiscal Year 2021 Results on Apr 28, 2021NGK Insulators, Ltd. announced that they will report fiscal year 2021 results on Apr 28, 2021
Reported Earnings • Feb 04Third quarter 2021 earnings released: EPS JP¥59.59 (vs JP¥31.34 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥123.9b (up 14% from 3Q 2020). Net income: JP¥18.9b (up 88% from 3Q 2020). Profit margin: 15% (up from 9.2% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 04Revenue beats expectationsRevenue exceeded analyst estimates by 6.7%. Over the next year, revenue is forecast to grow 8.2%, compared to a 4.9% growth forecast for the Machinery industry in Germany.
Is New 90 Day High Low • Jan 28New 90-day high: €14.60The company is up 23% from its price of €11.90 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.54 per share.
공시 • Nov 29NGK Insulators, Ltd. to Report Q3, 2021 Results on Jan 29, 2021NGK Insulators, Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021
Is New 90 Day High Low • Nov 11New 90-day high: €13.70The company is up 13% from its price of €12.10 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.13 per share.
Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥23.73The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥111.9b (flat on 2Q 2020). Net income: JP¥7.51b (down 24% from 2Q 2020). Profit margin: 6.7% (down from 8.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 7.5% while the growth in Machinery industry in Germany is expected to stay flat.
Reported Earnings • Nov 02Second quarter 2021 earnings released: EPS JP¥23.73The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥111.9b (flat on 2Q 2020). Net income: JP¥7.51b (down 24% from 2Q 2020). Profit margin: 6.7% (down from 8.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Nov 02Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 7.8% while the growth in Machinery industry in Germany is expected to stay flat.
Is New 90 Day High Low • Oct 24New 90-day high: €12.90The company is up 13% from its price of €11.40 on 24 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.10 per share.
공시 • Oct 08NGK Insulators, Ltd. to Report Q2, 2021 Results on Oct 30, 2020NGK Insulators, Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020