company background image
6998 logo

Nippon Tungsten TSE:6998 Stock Report

Last Price

JP¥1.25k

Market Cap

JP¥6.1b

7D

-1.3%

1Y

-4.4%

Updated

18 Apr, 2024

Data

Company Financials

Nippon Tungsten Co., Ltd.

TSE:6998 Stock Report

Market Cap: JP¥6.1b

6998 Stock Overview

Nippon Tungsten Co., Ltd. provides rare metal and fine ceramic products primarily composed of tungsten based on powder metallurgical technology.

6998 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends4/6

Nippon Tungsten Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nippon Tungsten
Historical stock prices
Current Share PriceJP¥1,250.00
52 Week HighJP¥1,350.00
52 Week LowJP¥1,175.00
Beta0.34
1 Month Change-2.11%
3 Month Change1.63%
1 Year Change-4.40%
3 Year Change39.90%
5 Year Change8.23%
Change since IPO-54.96%

Recent News & Updates

Recent updates

Shareholder Returns

6998JP ElectricalJP Market
7D-1.3%0.8%-3.0%
1Y-4.4%36.5%27.6%

Return vs Industry: 6998 underperformed the JP Electrical industry which returned 36.5% over the past year.

Return vs Market: 6998 underperformed the JP Market which returned 27.6% over the past year.

Price Volatility

Is 6998's price volatile compared to industry and market?
6998 volatility
6998 Average Weekly Movement1.7%
Electrical Industry Average Movement4.4%
Market Average Movement4.0%
10% most volatile stocks in JP Market8.2%
10% least volatile stocks in JP Market2.2%

Stable Share Price: 6998 has not had significant price volatility in the past 3 months.

Volatility Over Time: 6998's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1931513Nobushi Gotowww.nittan.co.jp

Nippon Tungsten Co., Ltd. provides rare metal and fine ceramic products primarily composed of tungsten based on powder metallurgical technology. Its products include tungsten wire and rod, tungsten ribbon, and SC molybdenum; and resistance welding electrodes, TD/TCP/contacts for starters, electrical contact points part, and electric discharge machining electrodes. The company also offers NT die cutter, steel ring and sleeve, corrosion resistant sliding materials, ceramic materials, and cemented carbide; conductive ceramic for press mols, functional inorganic paints, porous ceramics for transferring workpieces; NPL-2, NPL- 3, and aluminum nitride; and heavy alloys.

Nippon Tungsten Co., Ltd. Fundamentals Summary

How do Nippon Tungsten's earnings and revenue compare to its market cap?
6998 fundamental statistics
Market capJP¥6.08b
Earnings (TTM)JP¥491.00m
Revenue (TTM)JP¥11.21b

12.3x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6998 income statement (TTM)
RevenueJP¥11.21b
Cost of RevenueJP¥8.71b
Gross ProfitJP¥2.49b
Other ExpensesJP¥2.00b
EarningsJP¥491.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 09, 2024

Earnings per share (EPS)101.37
Gross Margin22.25%
Net Profit Margin4.38%
Debt/Equity Ratio20.6%

How did 6998 perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

54%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.