6594 Stock Overview
Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally.
No risks detected for 6594 from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥8,159.00|
|52 Week High||JP¥14,000.00|
|52 Week Low||JP¥7,830.00|
|1 Month Change||-6.51%|
|3 Month Change||-14.72%|
|1 Year Change||-36.36%|
|3 Year Change||10.29%|
|5 Year Change||41.77%|
|Change since IPO||4,843.57%|
Recent News & Updates
|6594||JP Electrical||JP Market|
Return vs Industry: 6594 underperformed the JP Electrical industry which returned -22.6% over the past year.
Return vs Market: 6594 underperformed the JP Market which returned -7% over the past year.
|6594 Average Weekly Movement||5.0%|
|Electrical Industry Average Movement||4.2%|
|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: 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.
About the Company
Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, motor-related products, units and modules, automotive components, mechanical equipment, inspection and measuring equipment, electronic devices, sensors, and other products. Its products are used for applications in robotics, IoT products, automotive components, home appliances, logistics/agriculture, information technology, office automation, mobile devices and optical components, medical and health care products, housing equipment, commercial and professional products, industrial machinery, and processing/inspection equipment.
Nidec Fundamentals Summary
|6594 fundamental statistics|
Is 6594 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|6594 income statement (TTM)|
|Cost of Revenue||JP¥1.51t|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 20, 2022
|Earnings per share (EPS)||237.42|
|Net Profit Margin||7.15%|
How did 6594 perform over the long term?See historical performance and comparison
0.9%Current Dividend Yield
Is 6594 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
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 6594?
Other financial metrics that can be useful for relative valuation.
|What is 6594's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 6594's PE Ratio compare to its peers?
|6594 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
6504 Fuji Electric
6592 Mabuchi Motor
6674 GS Yuasa
Price-To-Earnings vs Peers: 6594 is expensive based on its Price-To-Earnings Ratio (34.4x) compared to the peer average (14.5x).
Price to Earnings Ratio vs Industry
How does 6594's PE Ratio compare vs other companies in the JP Electrical Industry?
Price-To-Earnings vs Industry: 6594 is expensive based on its Price-To-Earnings Ratio (34.4x) compared to the JP Electrical industry average (10.6x)
Price to Earnings Ratio vs Fair Ratio
What is 6594'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||34.4x|
|Fair PE Ratio||22.9x|
Price-To-Earnings vs Fair Ratio: 6594 is expensive based on its Price-To-Earnings Ratio (34.4x) compared to the estimated Fair Price-To-Earnings Ratio (22.9x).
Share Price vs Fair Value
What is the Fair Price of 6594 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 6594 (¥8159) is trading below our estimate of fair value (¥8349.01)
Significantly Below Fair Value: 6594 is trading below fair value, but not by a significant amount.
Price to Earnings Growth Ratio
PEG Ratio: 6594 is poor value based on its PEG Ratio (2.3x)
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How is Nidec forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
Future Growth Score3/6
Future Growth Score 3/6
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: 6594's forecast earnings growth (14.7% per year) is above the savings rate (0.04%).
Earnings vs Market: 6594's earnings (14.7% per year) are forecast to grow faster than the JP market (8.9% per year).
High Growth Earnings: 6594's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6594's revenue (8.4% per year) is forecast to grow faster than the JP market (4.5% per year).
High Growth Revenue: 6594's revenue (8.4% 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 (14.1%).
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How has Nidec performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6594 has high quality earnings.
Growing Profit Margin: 6594's current net profit margins (7.2%) are lower than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: 6594's earnings have declined by 0.6% per year over the past 5 years.
Accelerating Growth: 6594's earnings growth over the past year (12.3%) exceeds its 5-year average (-0.6% per year).
Earnings vs Industry: 6594 earnings growth over the past year (12.3%) underperformed the Electrical industry 16.7%.
Return on Equity
High ROE: 6594's Return on Equity (10.4%) is considered low.
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How is Nidec's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 6594's short term assets (¥1,292.7B) exceed its short term liabilities (¥938.8B).
Long Term Liabilities: 6594's short term assets (¥1,292.7B) exceed its long term liabilities (¥423.0B).
Debt to Equity History and Analysis
Debt Level: 6594's net debt to equity ratio (26.6%) is considered satisfactory.
Reducing Debt: 6594's debt to equity ratio has reduced from 47.3% to 42.1% over the past 5 years.
Debt Coverage: 6594's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: 6594's interest payments on its debt are well covered by EBIT (132x coverage).
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What is Nidec current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6594's dividend (0.86%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.69%).
High Dividend: 6594's dividend (0.86%) is low compared to the top 25% of dividend payers in the JP market (3.74%).
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.
Earnings Payout to Shareholders
Earnings Coverage: 6594 is not paying a notable dividend for the JP market.
Cash Payout to Shareholders
Cash Flow Coverage: 6594 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shigenobu Nagamori (78 yo)
Mr. Shigenobu Nagamori is Founder of Nidec Corporation in July 1973 and has been its Chairman since July 1973 and serves as its Chief Executive Officer since April 2022. He served as Chief Executive Office...
Experienced Management: 6594's management team is seasoned and experienced (7 years average tenure).
Experienced Board: 6594's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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.
Nidec Corporation's employee growth, exchange listings and data sources
- Name: Nidec Corporation
- Ticker: 6594
- Exchange: TSE
- Founded: 1973
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: JP¥4.715t
- Shares outstanding: 577.86m
- Website: https://www.nidec.com
Number of Employees
- Nidec Corporation
- 338 Kuzetonoshiro-cho
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/02 00:00|
|End of Day Share Price||2022/07/01 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.