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Nippon Chemi-Con

Market Cap

JP¥37.6b

Last Updated

2021/04/12 08:04 UTC

Data Sources

Company Financials +

Executive Summary

Nippon Chemi-Con Corporation manufactures and sells aluminum and other capacitors, precision mechanical components, and electronics equipment in Japan, China, the United States, Europe, and internationally. More Details


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Nippon Chemi-Con's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6997 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 6997's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of JP stocks.


Market Performance


7 Day Return

-5.4%

6997

-1.1%

JP Electronic

-1.4%

JP Market


1 Year Return

73.3%

6997

49.0%

JP Electronic

39.3%

JP Market

Return vs Industry: 6997 exceeded the JP Electronic industry which returned 47.6% over the past year.

Return vs Market: 6997 exceeded the JP Market which returned 37.5% over the past year.


Shareholder returns

6997IndustryMarket
7 Day-5.4%-1.1%-1.4%
30 Day2.3%1.4%0.1%
90 Day-9.0%-3.4%4.8%
1 Year73.3%73.3%50.9%49.0%42.3%39.3%
3 Year-26.4%-27.6%43.8%37.2%20.5%12.2%
5 Year42.0%37.0%130.6%113.1%63.9%45.8%

Long-Term Price Volatility Vs. Market

How volatile is Nippon Chemi-Con's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Nippon Chemi-Con undervalued compared to its fair value and its price relative to the market?

0.86x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 6997 (¥1891) is trading above our estimate of fair value (¥1310.85)

Significantly Below Fair Value: 6997 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6997 is unprofitable, so we can't compare its PE Ratio to the JP Electronic industry average.

PE vs Market: 6997 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 6997's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6997 is good value based on its PB Ratio (0.9x) compared to the JP Electronic industry average (1x).


Future Growth

How is Nippon Chemi-Con forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

67.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6997 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0%).

Earnings vs Market: 6997 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 6997's is expected to become profitable in the next 3 years.

Revenue vs Market: 6997's revenue (5.9% per year) is forecast to grow faster than the JP market (5.8% per year).

High Growth Revenue: 6997's revenue (5.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6997's Return on Equity is forecast to be low in 3 years time (7.5%).


Past Performance

How has Nippon Chemi-Con performed over the past 5 years?

2.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6997 is currently unprofitable.

Growing Profit Margin: 6997 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 6997 is unprofitable, but has reduced losses over the past 5 years at a rate of 2.8% per year.

Accelerating Growth: Unable to compare 6997's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6997 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-5.7%).


Return on Equity

High ROE: 6997 has a negative Return on Equity (-4.51%), as it is currently unprofitable.


Financial Health

How is Nippon Chemi-Con's financial position?


Financial Position Analysis

Short Term Liabilities: 6997's short term assets (¥73.0B) exceed its short term liabilities (¥41.6B).

Long Term Liabilities: 6997's short term assets (¥73.0B) exceed its long term liabilities (¥43.1B).


Debt to Equity History and Analysis

Debt Level: 6997's debt to equity ratio (102.2%) is considered high.

Reducing Debt: 6997's debt to equity ratio has increased from 46.4% to 102.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 6997 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 6997 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Nippon Chemi-Con current dividend yield, its reliability and sustainability?

1.03%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6997's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6997's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 6997's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6997's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 6997 is not paying a notable dividend for the JP market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6997's dividend in 3 years as they are not forecast to pay a notable one for the JP market.


Next Steps

Management

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

2.5yrs

Average management tenure


CEO

Ikuo Uchiyama (69 yo)

6.83yrs

Tenure

Mr. Ikuo Uchiyama serves as the Chairman at Nippon Chemi-con Corporation since June 2019 and Chief Executive Officer since June 2014. He served as President at Nippon Chemi-con Corporation since June 2003 ...


Leadership Team

Experienced Management: 6997's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: 6997's board of directors are considered experienced (4.3 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 been diluted in the past year, with total shares outstanding growing by 24.6%.


Top Shareholders

Company Information

Nippon Chemi-Con Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nippon Chemi-Con Corporation
  • Ticker: 6997
  • Exchange: TSE
  • Founded: 1931
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: JP¥37.561b
  • Shares outstanding: 20.28m
  • Website: https://www.chemi-con.co.jp

Number of Employees


Location

  • Nippon Chemi-Con Corporation
  • 5-6-4, Osaki
  • Shinagawa-ku
  • Tokyo
  • 141-8605
  • Japan

Listings


Biography

Nippon Chemi-Con Corporation manufactures and sells aluminum and other capacitors, precision mechanical components, and electronics equipment in Japan, China, the United States, Europe, and internationally...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/12 08:04
End of Day Share Price2021/04/12 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.