Nippon Electric Glass Co., Ltd., together with its subsidiaries, manufactures and sells specialty glass products and glassmaking machinery in Japan, China, Korea, the United States, Europe, and internationally. More Details
Flawless balance sheet average dividend payer.
Share Price & News
How has Nippon Electric Glass's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 5214 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 5214's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 5214 exceeded the JP Electronic industry which returned 29.9% over the past year.
Return vs Market: 5214 exceeded the JP Market which returned 26.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Nippon Electric Glass's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Nippon Electric Glass 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: 5214 (¥2620) is trading above our estimate of fair value (¥2159.26)
Significantly Below Fair Value: 5214 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 5214 is good value based on its PE Ratio (12.8x) compared to the JP Electronic industry average (15.9x).
PE vs Market: 5214 is good value based on its PE Ratio (12.8x) compared to the JP market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: 5214's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 5214 is good value based on its PB Ratio (0.5x) compared to the JP Electronic industry average (0.9x).
How is Nippon Electric Glass forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 5214's earnings are forecast to decline over the next 3 years (-1.6% per year).
Earnings vs Market: 5214's earnings are forecast to decline over the next 3 years (-1.6% per year).
High Growth Earnings: 5214's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 5214's revenue (2.2% per year) is forecast to grow slower than the JP market (5.5% per year).
High Growth Revenue: 5214's revenue (2.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 5214's Return on Equity is forecast to be low in 3 years time (4%).
How has Nippon Electric Glass performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5214 has high quality earnings.
Growing Profit Margin: 5214 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 5214's earnings have declined by 28.6% per year over the past 5 years.
Accelerating Growth: 5214 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 5214 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (4.3%).
Return on Equity
High ROE: 5214's Return on Equity (4.1%) is considered low.
How is Nippon Electric Glass's financial position?
Financial Position Analysis
Short Term Liabilities: 5214's short term assets (¥247.6B) exceed its short term liabilities (¥89.4B).
Long Term Liabilities: 5214's short term assets (¥247.6B) exceed its long term liabilities (¥90.5B).
Debt to Equity History and Analysis
Debt Level: 5214's debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: 5214's debt to equity ratio has reduced from 21.5% to 19.4% over the past 5 years.
Debt Coverage: 5214's debt is well covered by operating cash flow (50.7%).
Interest Coverage: 5214 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Nippon Electric Glass's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 5214's dividend (3.82%) is higher than the bottom 25% of dividend payers in the JP market (1.27%).
High Dividend: 5214's dividend (3.82%) is in the top 25% of dividend payers in the JP market (2.91%)
Stability and Growth of Payments
Stable Dividend: 5214's dividend payments have been volatile in the past 10 years.
Growing Dividend: 5214's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.8%), 5214'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
Mr. Motoharu Matsumoto serves as the President of Nippon Electric Glass Co. Ltd since March 2015. Mr. Matsumoto served as the President/Chief Executive Officer of Techneglass Inc. since June 2003 and was a...
Experienced Management: 5214's management team is considered experienced (4.3 years average tenure).
Experienced Board: 5214's board of directors are considered experienced (5.2 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.
Nippon Electric Glass Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Nippon Electric Glass Co., Ltd.
- Ticker: 5214
- Exchange: TSE
- Founded: 1944
- Industry: Electronic Components
- Sector: Tech
- Market Cap: JP¥259.675b
- Shares outstanding: 96.64m
- Website: https://www.neg.co.jp/en
Number of Employees
- Nippon Electric Glass Co., Ltd.
- 2-7-1, Seiran
Nippon Electric Glass Co., Ltd., together with its subsidiaries, manufactures and sells specialty glass products and glassmaking machinery in Japan, China, Korea, the United States, Europe, and internation...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/13 08:52|
|End of Day Share Price||2021/05/13 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.