Nikon Corporation manufactures and sells optical instruments in Japan and internationally. More Details
Mediocre balance sheet with moderate growth potential.
Share Price & News
How has Nikon's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 7731 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 7731's weekly volatility (5%) has been stable over the past year.
7 Day Return
JP Consumer Durables
1 Year Return
JP Consumer Durables
Return vs Industry: 7731 underperformed the JP Consumer Durables industry which returned 31.6% over the past year.
Return vs Market: 7731 exceeded the JP Market which returned 22.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Nikon's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Nikon undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 7731 (¥1199) is trading below our estimate of fair value (¥1296.54)
Significantly Below Fair Value: 7731 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 7731 is unprofitable, so we can't compare its PE Ratio to the JP Consumer Durables industry average.
PE vs Market: 7731 is unprofitable, so we can't compare its PE Ratio to the JP market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 7731's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 7731's PB Ratio (0.8x) is in line with the JP Consumer Durables industry average.
How is Nikon forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 7731 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0%).
Earnings vs Market: 7731 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 7731's is expected to become profitable in the next 3 years.
Revenue vs Market: 7731's revenue (1.9% per year) is forecast to grow slower than the JP market (5.2% per year).
High Growth Revenue: 7731's revenue (1.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 7731's Return on Equity is forecast to be low in 3 years time (4.2%).
How has Nikon performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 7731 is currently unprofitable.
Growing Profit Margin: 7731 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 7731 is unprofitable, and losses have increased over the past 5 years at a rate of 19.5% per year.
Accelerating Growth: Unable to compare 7731's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 7731 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (19.2%).
Return on Equity
High ROE: 7731 has a negative Return on Equity (-6.41%), as it is currently unprofitable.
How is Nikon's financial position?
Financial Position Analysis
Short Term Liabilities: 7731's short term assets (¥675.9B) exceed its short term liabilities (¥318.3B).
Long Term Liabilities: 7731's short term assets (¥675.9B) exceed its long term liabilities (¥132.7B).
Debt to Equity History and Analysis
Debt Level: 7731's debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: 7731's debt to equity ratio has increased from 20.4% to 24.9% over the past 5 years.
Debt Coverage: 7731's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: Insufficient data to determine if 7731's interest payments on its debt are well covered by EBIT.
What is Nikon current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 7731's dividend (2.5%) is higher than the bottom 25% of dividend payers in the JP market (1.31%).
High Dividend: 7731's dividend (2.5%) is low compared to the top 25% of dividend payers in the JP market (2.99%).
Stability and Growth of Payments
Stable Dividend: 7731's dividend payments have been volatile in the past 10 years.
Growing Dividend: 7731's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: 7731 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Toshikazu Umatate serves as Chief Executive Officer and Representative Director at Nikon Corporation since April 2019 and 2019 respectively. Mr. Umatate has been the Chief Technology Officer and Office...
Experienced Management: 7731's management team is considered experienced (2.4 years average tenure).
Experienced Board: 7731's board of directors are not considered experienced ( 2.7 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.
Nikon Corporation's company bio, employee growth, exchange listings and data sources
- Name: Nikon Corporation
- Ticker: 7731
- Exchange: TSE
- Founded: 1917
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Market Cap: JP¥440.259b
- Shares outstanding: 367.19m
- Website: https://www.nikon.co.jp
Number of Employees
- Nikon Corporation
- Shinagawa Intercity Tower C
- 2-15-3, Konan
Nikon Corporation manufactures and sells optical instruments in Japan and internationally. It operates through three segments: Imaging Products Business, Precision Equipment Business, and Healthcare Busine...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/18 08:16|
|End of Day Share Price||2021/06/18 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.