Nagoya Electric Works Co., Ltd. manufactures and sells information equipment and systems in Japan. More Details
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has Nagoya Electric Works's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6797 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 6797's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 6797 exceeded the JP Electronic industry which returned 35.7% over the past year.
Return vs Market: 6797 exceeded the JP Market which returned 31.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Nagoya Electric Works's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Nagoya Electric Works 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: 6797 (¥1750) is trading below our estimate of fair value (¥5242.04)
Significantly Below Fair Value: 6797 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6797 is good value based on its PE Ratio (3.9x) compared to the JP Electronic industry average (16.2x).
PE vs Market: 6797 is good value based on its PE Ratio (3.9x) compared to the JP market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6797's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6797 is good value based on its PB Ratio (0.7x) compared to the JP Electronic industry average (1x).
How is Nagoya Electric Works 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 Nagoya Electric Works 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 Nagoya Electric Works performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: 6797 has high quality earnings.
Growing Profit Margin: 6797's current net profit margins (12.5%) are higher than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 6797's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 6797's past year earnings growth to its 5-year average.
Earnings vs Industry: 6797 earnings growth over the past year (152.7%) exceeded the Electronic industry 1.9%.
Return on Equity
High ROE: 6797's Return on Equity (18.6%) is considered low.
How is Nagoya Electric Works's financial position?
Financial Position Analysis
Short Term Liabilities: 6797's short term assets (¥17.3B) exceed its short term liabilities (¥7.2B).
Long Term Liabilities: 6797's short term assets (¥17.3B) exceed its long term liabilities (¥53.0M).
Debt to Equity History and Analysis
Debt Level: 6797 is debt free.
Reducing Debt: 6797 has not had any debt for past 5 years.
Debt Coverage: 6797 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6797 has no debt, therefore coverage of interest payments is not a concern.
What is Nagoya Electric Works's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6797's dividend (3.43%) is higher than the bottom 25% of dividend payers in the JP market (1.24%).
High Dividend: 6797's dividend (3.43%) is in the top 25% of dividend payers in the JP market (2.83%)
Stability and Growth of Payments
Stable Dividend: 6797's dividends per share have been stable in the past 10 years.
Growing Dividend: 6797's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (7.8%), 6797's dividend payments are thoroughly 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
Takaaki Hattori (44 yo)
Mr. Takaaki Hattori has been the President of Nagoya Electric Works Co., Ltd. since March 7, 2017. Mr. Hattori served as General Manager of ITS Total Solution Division and Assistant General Manager of Info...
Experienced Management: 6797's management team is considered experienced (3 years average tenure).
Experienced Board: 6797's board of directors are considered experienced (5.6 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 not been meaningfully diluted in the past year.
Nagoya Electric Works Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Nagoya Electric Works Co., Ltd.
- Ticker: 6797
- Exchange: NSE
- Founded: 1958
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: JP¥10.193b
- Shares outstanding: 5.82m
- Website: https://www.nagoya-denki.co.jp
Number of Employees
- Nagoya Electric Works Co., Ltd.
- 29-1, Mentoku
Nagoya Electric Works Co., Ltd. manufactures and sells information equipment and systems in Japan. The company’s information equipment include driver assist light sequence systems, traffic information syst...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 17:40|
|End of Day Share Price||2021/05/10 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.