Nix, Inc. develops, manufactures, and sells precision engineering plastics parts, mechanical products, and fasteners primarily in Japan and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥865.00|
|52 Week High||JP¥726.00|
|52 Week Low||JP¥1,364.00|
|1 Month Change||-4.95%|
|3 Month Change||1.29%|
|1 Year Change||-17.78%|
|3 Year Change||5.75%|
|5 Year Change||13.52%|
|Change since IPO||-15.11%|
Recent News & Updates
Something To Consider Before Buying Nix, Inc. (TYO:4243) For The 1.0% Dividend
Dividend paying stocks like Nix, Inc. ( TYO:4243 ) tend to be popular with investors, and for good reason - some...
Is Nix (TYO:4243) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|4243||JP Machinery||JP Market|
Return vs Industry: 4243 underperformed the JP Machinery industry which returned 26.4% over the past year.
Return vs Market: 4243 underperformed the JP Market which returned 23.6% over the past year.
Stable Share Price: 4243 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 4243's weekly volatility (3%) has been stable over the past year.
About the Company
Nix, Inc. develops, manufactures, and sells precision engineering plastics parts, mechanical products, and fasteners primarily in Japan and internationally. The company offers wiring clamps, including recycle fasteners, wiring clamps for single/bundled cables, wiring clamps for flat cables, cable extracting area fixtures, edge treatment products, harness protection tubes, print circuit board accessories, connecting parts, case legs, and locking hole plugs; and mechanical plastic components, such as door latches, dampers, pop in-out mechanisms for IH/microwave oven, racks and pinions, gear units, and torque hinges, log catch mags, and catch mags. It also provides cable markers comprising clip sleeves for UTP cables and general purpose cable markers; and header CCH type and CCH fitting straight series products, as well as protection cap, elbow fitting, pi-type split flow T-S shape, Y-type split flow T-S shape, and U-type header products under the MAXIN JOINT name.
Nix Fundamentals Summary
|4243 fundamental statistics|
Is 4243 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|4243 income statement (TTM)|
|Cost of Revenue||JP¥2.16b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 10, 2021
|Earnings per share (EPS)||31.01|
|Net Profit Margin||1.92%|
How did 4243 perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Does 4243 pay a reliable dividends?See 4243 dividend history and benchmarks
|Nix dividend dates|
|Ex Dividend Date||Sep 29 2021|
|Dividend Pay Date||Dec 21 2021|
|Days until Ex dividend||5 days|
|Days until Dividend pay date||88 days|
Does 4243 pay a reliable dividends?See 4243 dividend history and benchmarks
Is Nix undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 4243 (¥865) is trading above our estimate of fair value (¥330.61)
Significantly Below Fair Value: 4243 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 4243 is poor value based on its PE Ratio (27.9x) compared to the JP Machinery industry average (14.2x).
PE vs Market: 4243 is poor value based on its PE Ratio (27.9x) compared to the JP market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 4243's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 4243 is good value based on its PB Ratio (0.6x) compared to the JP Machinery industry average (0.9x).
How is Nix forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 Nix 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.
How has Nix performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4243 has a large one-off loss of ¥78.0M impacting its June 30 2021 financial results.
Growing Profit Margin: 4243's current net profit margins (1.9%) are lower than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: 4243's earnings have declined by 14.6% per year over the past 5 years.
Accelerating Growth: 4243's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 4243 had negative earnings growth (-52.3%) over the past year, making it difficult to compare to the Machinery industry average (12.3%).
Return on Equity
High ROE: 4243's Return on Equity (2%) is considered low.
How is Nix's financial position?
Financial Position Analysis
Short Term Liabilities: 4243's short term assets (¥3.4B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 4243's short term assets (¥3.4B) exceed its long term liabilities (¥881.0M).
Debt to Equity History and Analysis
Debt Level: 4243's debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: 4243's debt to equity ratio has reduced from 19.6% to 13.9% over the past 5 years.
Debt Coverage: 4243's debt is well covered by operating cash flow (26.4%).
Interest Coverage: 4243 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Nix current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 4243's dividend (1.73%) is higher than the bottom 25% of dividend payers in the JP market (1.31%).
High Dividend: 4243's dividend (1.73%) is low compared to the top 25% of dividend payers in the JP market (3.01%).
Stability and Growth of Payments
Stable Dividend: 4243's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4243's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.1%), 4243's dividend payments are well 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kazuhide Aoki (47 yo)
Mr. Kazuhide Aoki serves as the President of Nix, Inc. and as its Chief Executive Officer since March 2021. Mr. Aoki served as Vice President of Nix, Inc. since November 2004. Mr. Aoki served as a General...
Experienced Board: 4243's board of directors are considered experienced (9.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nix, Inc.'s employee growth, exchange listings and data sources
- Name: Nix, Inc.
- Ticker: 4243
- Exchange: JASDAQ
- Founded: 1953
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: JP¥2.009b
- Shares outstanding: 2.32m
- Website: https://www.nix.co.jp
Number of Employees
- Nix, Inc.
- Queen’s Tower B
- 8th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 08:02|
|End of Day Share Price||2021/09/22 00:00|
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.