company background image
6998 logo

Nippon Tungsten TSE:6998 Stock Report

Last Price

JP¥1.20k

Market Cap

JP¥5.8b

7D

1.7%

1Y

-1.6%

Updated

13 Aug, 2024

Data

Company Financials

Nippon Tungsten Co., Ltd.

TSE:6998 Stock Report

Market Cap: JP¥5.8b

6998 Stock Overview

Provides rare metal and fine ceramic products primarily composed of tungsten based on powder metallurgical technology.

6998 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
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¥1,200.00
52 Week HighJP¥1,360.00
52 Week LowJP¥978.00
Beta0.27
11 Month Change-9.16%
3 Month Change-5.06%
1 Year Change-1.60%
33 Year Change18.52%
5 Year Change24.16%
Change since IPO-56.76%

Recent News & Updates

Nippon Tungsten (TSE:6998) Has Announced A Dividend Of ¥25.00

Jul 26
Nippon Tungsten (TSE:6998) Has Announced A Dividend Of ¥25.00

Nippon Tungsten (TSE:6998) Is Paying Out A Dividend Of ¥25.00

Jul 12
Nippon Tungsten (TSE:6998) Is Paying Out A Dividend Of ¥25.00

Some May Be Optimistic About Nippon Tungsten's (TSE:6998) Earnings

May 21
Some May Be Optimistic About Nippon Tungsten's (TSE:6998) Earnings

Recent updates

Nippon Tungsten (TSE:6998) Has Announced A Dividend Of ¥25.00

Jul 26
Nippon Tungsten (TSE:6998) Has Announced A Dividend Of ¥25.00

Nippon Tungsten (TSE:6998) Is Paying Out A Dividend Of ¥25.00

Jul 12
Nippon Tungsten (TSE:6998) Is Paying Out A Dividend Of ¥25.00

Some May Be Optimistic About Nippon Tungsten's (TSE:6998) Earnings

May 21
Some May Be Optimistic About Nippon Tungsten's (TSE:6998) Earnings

Shareholder Returns

6998JP ElectricalJP Market
7D1.7%5.6%4.6%
1Y-1.6%4.5%9.6%

Return vs Industry: 6998 underperformed the JP Electrical industry which returned 0% over the past year.

Return vs Market: 6998 underperformed the JP Market which returned 7.1% over the past year.

Price Volatility

Is 6998's price volatile compared to industry and market?
6998 volatility
6998 Average Weekly Movement5.6%
Electrical Industry Average Movement6.7%
Market Average Movement6.3%
10% most volatile stocks in JP Market10.0%
10% least volatile stocks in JP Market3.4%

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

Volatility Over Time: 6998's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1931515Nobushi 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¥5.81b
Earnings (TTM)JP¥537.00m
Revenue (TTM)JP¥11.76b

10.8x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6998 income statement (TTM)
RevenueJP¥11.76b
Cost of RevenueJP¥9.13b
Gross ProfitJP¥2.63b
Other ExpensesJP¥2.10b
EarningsJP¥537.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)110.87
Gross Margin22.38%
Net Profit Margin4.57%
Debt/Equity Ratio19.8%

How did 6998 perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

45%

Payout Ratio

Does 6998 pay a reliable dividends?

See 6998 dividend history and benchmarks
When do you need to buy 6998 by to receive an upcoming dividend?
Nippon Tungsten dividend dates
Ex Dividend DateSep 27 2024
Dividend Pay DateDec 06 2024
Days until Ex dividend44 days
Days until Dividend pay date114 days

Does 6998 pay a reliable dividends?

See 6998 dividend history and benchmarks
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.