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
Rewards
Risk Analysis
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
| 6997 | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.4% | -1.1% | -1.4% |
| 30 Day | 2.3% | 1.4% | 0.1% |
| 90 Day | -9.0% | -3.4% | 4.8% |
| 1 Year | 73.3%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 Year | 42.0%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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 08:04 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.