5393 Stock Overview
Nichias Corporation manufactures and sells thermal insulation materials primarily in Japan.
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥2,256.00|
|52 Week High||JP¥3,090.00|
|52 Week Low||JP¥2,091.00|
|1 Month Change||-2.04%|
|3 Month Change||-11.94%|
|1 Year Change||-20.03%|
|3 Year Change||12.46%|
|5 Year Change||-15.19%|
|Change since IPO||54.52%|
Recent News & Updates
|5393||JP Building||JP Market|
Return vs Industry: 5393 underperformed the JP Building industry which returned -1.7% over the past year.
Return vs Market: 5393 underperformed the JP Market which returned -3.9% over the past year.
|5393 Average Weekly Movement||3.4%|
|Building Industry Average Movement||3.5%|
|Market Average Movement||4.2%|
|10% most volatile stocks in JP Market||8.4%|
|10% least volatile stocks in JP Market||2.2%|
Stable Share Price: 5393 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 5393's weekly volatility (3%) has been stable over the past year.
About the Company
Nichias Corporation manufactures and sells thermal insulation materials primarily in Japan. It operates in five segments: Energy and Industrial Plants, Industrial Products, Advanced Products, Autoparts, and Building Materials. The company offers gaskets and packings, including non-asbestos gaskets and packings, rubber type gaskets, other seal products, and peripheral function materials; and thermal insulation materials, such as fiber products, high performance thermal insulation materials, heat-insulation boards, and cryogenic insulation materials, as well as thermal insulation materials for molten aluminum.
Nichias Fundamentals Summary
|5393 fundamental statistics|
Is 5393 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|5393 income statement (TTM)|
|Cost of Revenue||JP¥162.86b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||332.17|
|Net Profit Margin||10.19%|
How did 5393 perform over the long term?See historical performance and comparison
3.9%Current Dividend Yield
Is 5393 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 5393?
Other financial metrics that can be useful for relative valuation.
|What is 5393's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 5393's PE Ratio compare to its peers?
|5393 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
1969 Takasago Thermal Engineering
3110 Nitto Boseki
7981 Takara StandardLtd
Price-To-Earnings vs Peers: 5393 is good value based on its Price-To-Earnings Ratio (6.8x) compared to the peer average (10.2x).
Price to Earnings Ratio vs Industry
How does 5393's PE Ratio compare vs other companies in the JP Building Industry?
Price-To-Earnings vs Industry: 5393 is good value based on its Price-To-Earnings Ratio (6.8x) compared to the JP Building industry average (10.5x)
Price to Earnings Ratio vs Fair Ratio
What is 5393's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||6.8x|
|Fair PE Ratio||9.7x|
Price-To-Earnings vs Fair Ratio: 5393 is good value based on its Price-To-Earnings Ratio (6.8x) compared to the estimated Fair Price-To-Earnings Ratio (9.7x).
Share Price vs Fair Value
What is the Fair Price of 5393 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 5393 (¥2256) is trading below our estimate of fair value (¥3870.94)
Significantly Below Fair Value: 5393 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 5393's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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How is Nichias forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 5393's earnings are forecast to decline over the next 3 years (-1.6% per year).
Earnings vs Market: 5393's earnings are forecast to decline over the next 3 years (-1.6% per year).
High Growth Earnings: 5393's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 5393's revenue (3% per year) is forecast to grow slower than the JP market (4.4% per year).
High Growth Revenue: 5393's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 5393's Return on Equity is forecast to be low in 3 years time (11%).
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How has Nichias performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5393 has high quality earnings.
Growing Profit Margin: 5393's current net profit margins (10.2%) are higher than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: 5393's earnings have grown by 2.1% per year over the past 5 years.
Accelerating Growth: 5393's earnings growth over the past year (105.6%) exceeds its 5-year average (2.1% per year).
Earnings vs Industry: 5393 earnings growth over the past year (105.6%) exceeded the Building industry 1.5%.
Return on Equity
High ROE: 5393's Return on Equity (14.3%) is considered low.
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How is Nichias's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 5393's short term assets (¥159.4B) exceed its short term liabilities (¥67.7B).
Long Term Liabilities: 5393's short term assets (¥159.4B) exceed its long term liabilities (¥23.7B).
Debt to Equity History and Analysis
Debt Level: 5393 has more cash than its total debt.
Reducing Debt: 5393's debt to equity ratio has reduced from 23.5% to 15.3% over the past 5 years.
Debt Coverage: 5393's debt is well covered by operating cash flow (105.5%).
Interest Coverage: 5393 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Nichias's current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 5393's dividend (3.9%) is higher than the bottom 25% of dividend payers in the JP market (1.67%).
High Dividend: 5393's dividend (3.9%) is in the top 25% of dividend payers in the JP market (3.67%)
Stability and Growth of Payments
Stable Dividend: 5393's dividends per share have been stable in the past 10 years.
Growing Dividend: 5393's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.9%), 5393's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.7%), 5393's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Toshiyuki Takei (65 yo)
Mr. Toshiyuki Takei has been the President at Nichias Corporation since June 2014 and its Chief Executive Officer since June 29, 2017. Mr. Takei served as Senior Managing Executive Officer of Nichias Corp...
Experienced Management: 5393's management team is seasoned and experienced (6.2 years average tenure).
Experienced Board: 5393's board of directors are considered experienced (6 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.
Nichias Corporation's employee growth, exchange listings and data sources
- Name: Nichias Corporation
- Ticker: 5393
- Exchange: TSE
- Founded: 1896
- Industry: Building Products
- Sector: Capital Goods
- Implied Market Cap: JP¥149.647b
- Shares outstanding: 66.33m
- Website: https://www.nichias.co.jp
Number of Employees
- Nichias Corporation
- 6-1, Hatchobori 1-chome
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/30 00:00|
|End of Day Share Price||2022/06/30 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.