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Nippon Electric Glass

Market Cap

JP¥259.7b

Last Updated

2021/05/13 08:52 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Flawless balance sheet average dividend payer.


Similar Companies

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.


Market Performance


7 Day Return

-5.1%

5214

-2.7%

JP Electronic

-1.3%

JP Market


1 Year Return

71.2%

5214

29.9%

JP Electronic

26.3%

JP Market

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.


Shareholder returns

5214IndustryMarket
7 Day-5.1%-2.7%-1.3%
30 Day-3.0%-4.8%-3.9%
90 Day9.5%-9.5%-3.1%
1 Year80.2%71.2%31.4%29.9%29.1%26.3%
3 Year-5.7%-16.8%29.6%24.1%11.4%3.7%
5 Year19.8%0.2%112.5%97.4%54.7%37.6%

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

Valuation

Is Nippon Electric Glass undervalued compared to its fair value and its price relative to the market?

12.77x

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).


Future Growth

How is Nippon Electric Glass forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

-1.6%

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%).


Past Performance

How has Nippon Electric Glass performed over the past 5 years?

-28.6%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Nippon Electric Glass's current dividend yield, its reliability and sustainability?

3.82%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 13 2021Ex Dividend DateJun 29 2021Dividend Pay DateAug 31 202163 days from Ex DividendBuy in the next 46 days to receive the upcoming dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Motoharu Matsumoto

6.17yrs

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...


Leadership Team

Experienced Management: 5214's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: 5214's board of directors are considered experienced (5.2 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nippon Electric Glass Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Nippon Electric Glass Co., Ltd.
  • 2-7-1, Seiran
  • Otsu
  • Shiga
  • 520-8639
  • Japan

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/13 08:52
End of Day Share Price2021/05/13 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.