Nidec
Market Cap
JP¥7.8t
Last Updated
2021/03/08 08:02 UTC
Data Sources
Company Financials +
Executive Summary
Nidec Corporation, together with its subsidiaries, designs, develops, produces, and sells motors, electronics and optical components, and other related products in Japan and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with proven track record.
Similar Companies
Share Price & News
How has Nidec's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6594 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 6594's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-10.1%
6594
0.4%
JP Electrical
1.3%
JP Market
1 Year Return
100.9%
6594
62.1%
JP Electrical
28.5%
JP Market
Return vs Industry: 6594 exceeded the JP Electrical industry which returned 62.1% over the past year.
Return vs Market: 6594 exceeded the JP Market which returned 28.5% over the past year.
Shareholder returns
| 6594 | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.1% | 0.4% | 1.3% |
| 30 Day | -10.0% | -3.5% | -0.06% |
| 90 Day | -1.6% | 5.6% | 7.3% |
| 1 Year | 102.5%100.9% | 65.1%62.1% | 31.7%28.5% |
| 3 Year | 49.0%45.8% | 24.9%18.4% | 18.1%9.9% |
| 5 Year | 213.7%201.7% | 117.1%98.2% | 55.7%38.4% |
Long-Term Price Volatility Vs. Market
How volatile is Nidec's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Nidec undervalued compared to its fair value and its price relative to the market?
81.6x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 6594 (¥12535) is trading above our estimate of fair value (¥2008.24)
Significantly Below Fair Value: 6594 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6594 is poor value based on its PE Ratio (81.6x) compared to the JP Electrical industry average (13.9x).
PE vs Market: 6594 is poor value based on its PE Ratio (81.6x) compared to the JP market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: 6594 is poor value based on its PEG Ratio (4.3x)
Price to Book Ratio
PB vs Industry: 6594 is overvalued based on its PB Ratio (7.5x) compared to the JP Electrical industry average (0.7x).
Next Steps
Future Growth
How is Nidec forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
19.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6594's forecast earnings growth (19.2% per year) is above the savings rate (0%).
Earnings vs Market: 6594's earnings (19.2% per year) are forecast to grow faster than the JP market (17.4% per year).
High Growth Earnings: 6594's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6594's revenue (9.7% per year) is forecast to grow faster than the JP market (5.7% per year).
High Growth Revenue: 6594's revenue (9.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6594's Return on Equity is forecast to be low in 3 years time (15.8%).
Next Steps
Past Performance
How has Nidec performed over the past 5 years?
-4.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6594 has high quality earnings.
Growing Profit Margin: 6594's current net profit margins (5.8%) are higher than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: 6594's earnings have declined by 4.1% per year over the past 5 years.
Accelerating Growth: 6594's earnings growth over the past year (21.4%) exceeds its 5-year average (-4.1% per year).
Earnings vs Industry: 6594 earnings growth over the past year (21.4%) exceeded the Electrical industry -9.1%.
Return on Equity
High ROE: 6594's Return on Equity (9%) is considered low.
Next Steps
Financial Health
How is Nidec's financial position?
Financial Position Analysis
Short Term Liabilities: 6594's short term assets (¥931.9B) exceed its short term liabilities (¥651.3B).
Long Term Liabilities: 6594's short term assets (¥931.9B) exceed its long term liabilities (¥459.6B).
Debt to Equity History and Analysis
Debt Level: 6594's debt to equity ratio (52.2%) is considered high.
Reducing Debt: 6594's debt to equity ratio has increased from 38.4% to 52.2% over the past 5 years.
Debt Coverage: 6594's debt is well covered by operating cash flow (34.8%).
Interest Coverage: 6594's interest payments on its debt are well covered by EBIT (52.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Nidec current dividend yield, its reliability and sustainability?
0.48%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 6594's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.25%).
High Dividend: 6594's dividend (0.48%) is low compared to the top 25% of dividend payers in the JP market (2.88%).
Stability and Growth of Payments
Stable Dividend: 6594 is not paying a notable dividend for the JP market, therefore no need to check if payments are stable.
Growing Dividend: 6594 is not paying a notable dividend for the JP market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 6594 is not paying a notable dividend for the JP market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6594's dividend in 3 years as they are not forecast to pay a notable one for the JP market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.4yrs
Average management tenure
CEO
Shigenobu Nagamori (76 yo)
47.67yrs
Tenure
Mr. Shigenobu Nagamori Founded Nidec Corporation in July 1973 and has been its Chairman, Chief Executive Officer since July 1973 and served as its President from 1973 until June 20, 2018. Mr. Nagamori has ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 47.67yrs | no data | 11.9% ¥ 926.9b | |
| President | 0.75yr | no data | no data | |
| Executive VP & CTO | 6.42yrs | no data | 0.00068% ¥ 53.0m | |
| VP & Chief Information Officer | 3.08yrs | no data | no data | |
| CAO, Chief Compliance Officer & Chief Information Security of Management Officer | 3.17yrs | no data | no data | |
| General Manager of Investor Relations Department | 13yrs | no data | no data | |
| First Senior Vice President | 9.92yrs | no data | 0.0031% ¥ 239.1m | |
| Senior VP and Deputy Executive GM of Small Precision Motor & Solutions Business Unit | no data | no data | no data | |
| First Senior VP & CPO | 9.17yrs | no data | 0.0014% ¥ 106.7m | |
| Senior VP & Executive GM of Automotive Motor and Electronic Control Business Unit | 8.17yrs | no data | no data | |
| Executive Vice President | 0.92yr | no data | 0.00034% ¥ 26.5m | |
| First Senior VP & Head of Nidec Center for Industrial Science | 2.17yrs | no data | no data |
6.4yrs
Average Tenure
61.5yo
Average Age
Experienced Management: 6594's management team is seasoned and experienced (6.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 47.67yrs | no data | 11.9% ¥ 926.9b | |
| President | 0.75yr | no data | no data | |
| Vice Chairman of the Board | 5.75yrs | no data | 0.16% ¥ 12.6b | |
| Member of the Board of Directors | 0.75yr | no data | 0.00034% ¥ 26.5m | |
| Independent Outside Member of the Board of Directors | 2.75yrs | no data | no data | |
| Independent Outside Member of the Board of Directors | 2.75yrs | no data | no data | |
| Member of the Board of Directors | 0.75yr | no data | no data | |
| Outside Member of the Audit & Supervisory Board | 1.75yrs | no data | no data | |
| Independent Outside Member of the Board of Directors | 0.75yr | no data | no data | |
| Independent Outside Member of the Board of Directors | 0.75yr | no data | no data |
1.3yrs
Average Tenure
67yo
Average Age
Experienced Board: 6594's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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
Nidec Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Nidec Corporation
- Ticker: 6594
- Exchange: TSE
- Founded: 1973
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: JP¥7.787t
- Shares outstanding: 585.73m
- Website: https://www.nidec.com
Number of Employees
Location
- Nidec Corporation
- 338 Kuzetonoshiro-cho
- Minami-ku
- Kyoto
- Kyoto
- 601-8205
- Japan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NNDN.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Mar 1990 |
| 6594 | TSE (The Tokyo Stock Exchange) | Yes | Common Stock | JP | JPY | Mar 1990 |
| NIB | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Mar 1990 |
| NIDEC N | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Mar 1990 |
| NJDC.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Sep 2001 | |
| NIB1 | DB (Deutsche Boerse AG) | SPONSORED ADR | DE | EUR | Sep 2001 |
Biography
Nidec Corporation, together with its subsidiaries, designs, develops, produces, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company of...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 08:02 |
| End of Day Share Price | 2021/03/08 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.