DB:59N

Stock Analysis Report

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Executive Summary

NPC Incorporated engages in the machinery and environmental businesses. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.


Similar Companies

Share Price & News

How has NPC's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 59N is more volatile than 90% of German stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: 59N's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of German stocks.


Market Performance


7 Day Return

6.1%

59N

6.7%

DE Semiconductor

0.7%

DE Market


1 Year Return

67.6%

59N

37.5%

DE Semiconductor

0.6%

DE Market

Return vs Industry: 59N exceeded the German Semiconductor industry which returned 34.9% over the past year.

Return vs Market: 59N exceeded the German Market which returned 1.1% over the past year.


Shareholder returns

59NIndustryMarket
7 Day6.1%6.7%0.7%
30 Day40.5%10.5%7.8%
90 Day63.1%21.2%1.7%
1 Year69.1%67.6%39.1%37.5%3.9%0.6%
3 Year189.9%182.4%24.0%19.1%4.0%-5.0%
5 Year179.3%172.1%103.3%91.9%21.4%4.2%

Long-Term Price Volatility Vs. Market

How volatile is NPC's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is NPC undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 59N (€4.86) is trading below our estimate of fair value (€28.38)

Significantly Below Fair Value: 59N is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 59N is good value based on its PE Ratio (18.2x) compared to the DE Semiconductor industry average (59.6x).

PE vs Market: 59N is good value based on its PE Ratio (18.2x) compared to the German market (23x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 59N's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 59N is good value based on its PB Ratio (1.9x) compared to the DE Semiconductor industry average (2.6x).


Next Steps

Future Growth

How is NPC forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

35.4%

Forecasted Semiconductors industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NPC has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has NPC performed over the past 5 years?

31.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 59N has high quality earnings.

Growing Profit Margin: 59N's current net profit margins (9.4%) are lower than last year (9.9%).


Past Earnings Growth Analysis

Earnings Trend: 59N's earnings have grown significantly by 31.8% per year over the past 5 years.

Accelerating Growth: 59N's earnings growth over the past year (10.4%) is below its 5-year average (31.8% per year).

Earnings vs Industry: 59N earnings growth over the past year (10.4%) exceeded the Semiconductor industry -58.1%.


Return on Equity

High ROE: 59N's Return on Equity (10.6%) is considered low.


Next Steps

Financial Health

How is NPC's financial position?


Financial Position Analysis

Short Term Liabilities: 59N's short term assets (¥6.2B) exceed its short term liabilities (¥3.0B).

Long Term Liabilities: 59N's short term assets (¥6.2B) exceed its long term liabilities (¥33.0M).


Debt to Equity History and Analysis

Debt Level: 59N is debt free.

Reducing Debt: 59N has no debt compared to 5 years ago when its debt to equity ratio was 58.3%.

Debt Coverage: 59N has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 59N has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is NPC current dividend yield, its reliability and sustainability?

0.52%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 59N's dividend (0.56%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.13%).

High Dividend: 59N's dividend (0.56%) is low compared to the top 25% of dividend payers in the German market (3.66%).


Stability and Growth of Payments

Stable Dividend: 59N's dividend payments have been volatile in the past 10 years.

Growing Dividend: 59N's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.3%), 59N's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.6yrs

Average management tenure


CEO

Masafumi Ito (58 yo)

9yrs

Tenure

Mr. Masafumi Ito has been the President of NPC Incorporated since November 2011 and serves as its Chief Executive Officer. Mr. Ito served as Manager and Head of Office Solar Cell-related Division at NPC In...


Leadership Team

NamePositionTenureCompensationOwnership
Masafumi Ito
CEO, President & Representative Director9yrsno data7.82%
¥ 9.3m
Toshiyuki Yauchi
Chief of Business Admin Office10yrsno data0.27%
¥ 324.6k
Kazuo Hirosawa
Senior Managing Director and Director13yrsno data0.89%
¥ 1.1m
Junichi Akita
Manager of General Affairs Department & GM of Administration Division9yrsno datano data
Takashi Takimoto
General Manager of General Affairs Departmentno datano datano data

6.6yrs

Average Tenure

56yo

Average Age

Experienced Management: 59N's management team is seasoned and experienced (6.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Masafumi Ito
CEO, President & Representative Director9yrsno data7.82%
¥ 9.3m
Toshiyuki Yauchi
Chief of Business Admin Office10yrsno data0.27%
¥ 324.6k
Kazuo Hirosawa
Senior Managing Director and Director13yrsno data0.89%
¥ 1.1m
Teruaki Kakimoto
External Auditor14yrsno datano data
Kenji Terada
Independent External Director6yrsno datano data
Hiroyuki Shinbo
External Auditor6yrsno datano data
Yasuhisa Sera
Standing Auditor2.92yrsno datano data
Satoshi Hiramachi
Independent Outside Directorno datano datano data

9.0yrs

Average Tenure

58yo

Average Age

Experienced Board: 59N's board of directors are considered experienced (9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

NPC Incorporated's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NPC Incorporated
  • Ticker: 59N
  • Exchange: DB
  • Founded: 1992
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: JP¥14.755b
  • Listing Market Cap: JP¥118.856m
  • Shares outstanding: 21.83m
  • Website: https://www.npcgroup.net

Number of Employees


Location

  • NPC Incorporated
  • Hulic Higashi-ueno 1-chome Building
  • 5th Floor
  • Tokyo
  • 110-0015
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6255TSE (The Tokyo Stock Exchange)YesCommon SharesJPJPYJun 2007
59NDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2007

Biography

NPC Incorporated engages in the machinery and environmental businesses. The company researches and develops, and sells various equipment, including photovoltaic (PV) module manufacturing equipment, automat...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 19:34
End of Day Share Price2020/11/25 00:00
Earnings2020/08/31
Annual Earnings2020/08/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.