NF Holdings Corp. provides measurement instruments, power supply and power control products, function modules, and customized products in Japan. More Details
Average dividend payer with adequate balance sheet.
Share Price & News
How has NF Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6864 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 6864's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 6864 underperformed the JP Electronic industry which returned 32.7% over the past year.
Return vs Market: 6864 underperformed the JP Market which returned 27.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is NF Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StNF Holdings Corporation (TYO:6864) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
1 month ago | Simply Wall StIs NF Holdings (TYO:6864) Using Too Much Debt?
2 months ago | Simply Wall StShould You Buy NF Holdings Corporation (TYO:6864) For Its Dividend?
Is NF Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 6864 (¥1720) is trading above our estimate of fair value (¥438.52)
Significantly Below Fair Value: 6864 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6864 is poor value based on its PE Ratio (26.6x) compared to the JP Electronic industry average (15.5x).
PE vs Market: 6864 is poor value based on its PE Ratio (26.6x) compared to the JP market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6864's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6864 is overvalued based on its PB Ratio (1x) compared to the JP Electronic industry average (0.9x).
How is NF Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NF Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has NF Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6864 has high quality earnings.
Growing Profit Margin: 6864's current net profit margins (4.2%) are lower than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: 6864's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: 6864's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6864 had negative earnings growth (-54.7%) over the past year, making it difficult to compare to the Electronic industry average (8%).
Return on Equity
High ROE: 6864's Return on Equity (3.9%) is considered low.
How is NF Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 6864's short term assets (¥14.2B) exceed its short term liabilities (¥3.5B).
Long Term Liabilities: 6864's short term assets (¥14.2B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 6864's debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: 6864's debt to equity ratio has increased from 19.4% to 20.1% over the past 5 years.
Debt Coverage: 6864's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6864 earns more interest than it pays, so coverage of interest payments is not a concern.
What is NF Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6864's dividend (1.74%) is higher than the bottom 25% of dividend payers in the JP market (1.31%).
High Dividend: 6864's dividend (1.74%) is low compared to the top 25% of dividend payers in the JP market (2.98%).
Stability and Growth of Payments
Stable Dividend: 6864's dividends per share have been stable in the past 10 years.
Growing Dividend: 6864's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.4%), 6864's dividend payments are well covered by earnings.
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
Tsuneo Takahashi (73 yo)
Mr. Tsuneo Takahashi has been the President and Representative Director of NF Corp since July 2004. Mr. Takahashi served as Vice President of NF Corp since June 2002. Mr. Takahashi served as Executive Chie...
Experienced Management: 6864's management team is seasoned and experienced (12.1 years average tenure).
Experienced Board: 6864's board of directors are considered experienced (9.4 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 4.3%.
NF Holdings Corporation's company bio, employee growth, exchange listings and data sources
- Name: NF Holdings Corporation
- Ticker: 6864
- Exchange: JASDAQ
- Founded: 1959
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: JP¥11.918b
- Shares outstanding: 7.02m
- Website: https://www.nfcorp.co.jp
Number of Employees
- NF Holdings Corporation
- 6-3-20 Tsunashima Higashi
NF Holdings Corp. provides measurement instruments, power supply and power control products, function modules, and customized products in Japan. Its measurement instruments comprise signal generators, LCR ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/18 08:17|
|End of Day Share Price||2021/05/18 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.