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7988

NifcoTSE:7988 Stock Report

Market Cap

JP¥323.4b

7D

-12.1%

1Y

-17.5%

Updated

30 Nov, 2021

Data

Company Financials +
7988 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends3/6

7988 Stock Overview

Nifco Inc. manufactures and sells industrial plastic parts and components in Japan, rest of Asia, North America, and Europe.

Nifco Competitors

Illinois Tool Works

NYSE:ITW

US$74.7b

SFS Group

SWX:SFSN

CHF4.5b

Meitec

TSE:9744

JP¥182.0b

Asahi Diamond Industrial

TSE:6140

JP¥35.2b

Price History & Performance

Summary of all time highs, changes and price drops for Nifco
Historical stock prices
Current Share PriceJP¥3,120.00
52 Week HighJP¥4,370.00
52 Week LowJP¥3,115.00
Beta1.23
1 Month Change-13.93%
3 Month Change-8.77%
1 Year Change-17.46%
3 Year Change7.74%
5 Year Change1.63%
Change since IPO408.45%

Recent News & Updates

Shareholder Returns

7988JP Auto ComponentsJP Market
7D-12.1%-5.4%-4.6%
1Y-17.5%27.5%8.9%

Return vs Industry: 7988 underperformed the JP Auto Components industry which returned 27.5% over the past year.

Return vs Market: 7988 underperformed the JP Market which returned 8.9% over the past year.

Price Volatility

Is 7988's price volatile compared to industry and market?
7988 volatility
7988 Average Weekly Movement4.5%
Auto Components Industry Average Movement4.1%
Market Average Movement4.0%
10% most volatile stocks in JP Market8.0%
10% least volatile stocks in JP Market2.2%

Stable Share Price: 7988 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 7988's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194610,745Toshiyuki Yamamotohttps://www.nifco.com

Nifco Inc. manufactures and sells industrial plastic parts and components in Japan, rest of Asia, North America, and Europe. It offers automotive parts and components for use in fuel, engine, exterior, interiors, and electric powertrain. The company also offers household equipment, such as drawer closers, push latches, earthquake-proof latches, and door dampers; consumer electronics/office automation products that include dampers, free-stop hinges, magnet latches, and push latches; and fashion/sport products, such as side release buckles, cord locks, and other buckles.

Nifco Fundamentals Summary

How do Nifco's earnings and revenue compare to its market cap?
7988 fundamental statistics
Market CapJP¥323.44b
Earnings (TTM)JP¥27.16b
Revenue (TTM)JP¥288.29b

0.0x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
7988 income statement (TTM)
RevenueJP¥288.29b
Cost of RevenueJP¥206.66b
Gross ProfitJP¥81.62b
ExpensesJP¥54.47b
EarningsJP¥27.16b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin28.31%
Net Profit Margin9.42%
Debt/Equity Ratio35.8%

How did 7988 perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

10%

Payout Ratio

Does 7988 pay a reliable dividends?

See 7988 dividend history and benchmarks
When do you need to buy 7988 by to receive an upcoming dividend?
Nifco dividend dates
Ex Dividend DateMar 30 2022
Dividend Pay DateJun 25 2022
Days until Ex dividend119 days
Days until Dividend pay date206 days

Does 7988 pay a reliable dividends?

See 7988 dividend history and benchmarks

Valuation

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

27.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 7988 (¥3120) is trading below our estimate of fair value (¥4273.06)

Significantly Below Fair Value: 7988 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate 7988's PE Ratio to determine if it is good value compared to the JP Auto Components industry average.

PE vs Market: Insufficient data to calculate 7988's PE Ratio to determine if it is good value compared to the JP market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 7988's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: Insufficient data to calculate 7988's PB Ratio to determine if it is good value.


Future Growth

How is Nifco forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

10.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 7988's forecast earnings growth (10.8% per year) is above the savings rate (0.02%).

Earnings vs Market: 7988's earnings (10.8% per year) are forecast to grow faster than the JP market (10.3% per year).

High Growth Earnings: 7988's earnings are forecast to grow, but not significantly.

Revenue vs Market: 7988's revenue (7.2% per year) is forecast to grow faster than the JP market (4.9% per year).

High Growth Revenue: 7988's revenue (7.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 7988's Return on Equity is forecast to be low in 3 years time (14%).


Past Performance

How has Nifco performed over the past 5 years?

-1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 7988 has high quality earnings.

Growing Profit Margin: 7988's current net profit margins (9.4%) are higher than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: 7988's earnings have declined by 1.9% per year over the past 5 years.

Accelerating Growth: 7988's earnings growth over the past year (130.9%) exceeds its 5-year average (-1.9% per year).

Earnings vs Industry: 7988 earnings growth over the past year (130.9%) underperformed the Auto Components industry 152.1%.


Return on Equity

High ROE: 7988's Return on Equity (14.5%) is considered low.


Financial Health

How is Nifco's financial position?


Financial Position Analysis

Short Term Liabilities: 7988's short term assets (¥203.9B) exceed its short term liabilities (¥52.7B).

Long Term Liabilities: 7988's short term assets (¥203.9B) exceed its long term liabilities (¥72.3B).


Debt to Equity History and Analysis

Debt Level: 7988 has more cash than its total debt.

Reducing Debt: 7988's debt to equity ratio has reduced from 80.1% to 35.8% over the past 5 years.

Debt Coverage: 7988's debt is well covered by operating cash flow (59.7%).

Interest Coverage: 7988's interest payments on its debt are well covered by EBIT (157.8x coverage).


Balance Sheet


Dividend

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

1.99%

Current Dividend Yield


Upcoming Dividend Payment

TodayNov 30 2021Ex Dividend DateMar 30 2022Dividend Pay DateJun 25 202287 days from Ex DividendBuy in the next 119 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 7988's dividend (1.99%) is higher than the bottom 25% of dividend payers in the JP market (1.41%).

High Dividend: 7988's dividend (1.99%) is low compared to the top 25% of dividend payers in the JP market (3.33%).


Stability and Growth of Payments

Stable Dividend: 7988's dividend payments have been volatile in the past 10 years.

Growing Dividend: 7988's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.5%), 7988'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?

3.4yrs

Average management tenure


CEO

Toshiyuki Yamamoto (72 yo)

9.42yrs

Tenure

Mr. Toshiyuki Yamamoto serves as Chairman and CEO at Nifco Inc. He served as President & COO at Nifco Inc until 2021.


Leadership Team

Experienced Management: 7988's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: 7988's board of directors are considered experienced (4.4 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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Nifco Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Nifco Inc.
  • Ticker: 7988
  • Exchange: TSE
  • Founded: 1946
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: JP¥323.435b
  • Shares outstanding: 100.76m
  • Website: https://www.nifco.com

Number of Employees


Location

  • Nifco Inc.
  • Mita Bellju Building
  • 20th Floor
  • Tokyo
  • 108-8522
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 09:14
End of Day Share Price2021/11/30 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.