NGK Spark Plug Co., Ltd., together with its subsidiaries, manufactures and sells spark plugs and related products for internal-combustion engines; and technical ceramics and applicable products in Japan. More Details
Adequate balance sheet average dividend payer.
Share Price & News
How has NGK Spark Plug's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NGKS.F has not had significant price volatility in the past 3 months.
7 Day Return
US Auto Components
1 Year Return
US Auto Components
Return vs Industry: Insufficient data to determine how NGKS.F performed against the US Auto Components industry.
Return vs Market: Insufficient data to determine how NGKS.F performed against the US Market.
Price Volatility Vs. Market
How volatile is NGK Spark Plug's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is NGK Spark Plug 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: NGKS.F ($13.64) is trading above our estimate of fair value ($11.04)
Significantly Below Fair Value: NGKS.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NGKS.F is good value based on its PE Ratio (14.2x) compared to the US Auto Components industry average (38.1x).
PE vs Market: NGKS.F is good value based on its PE Ratio (14.2x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: NGKS.F is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: NGKS.F is good value based on its PB Ratio (0.9x) compared to the US Auto Components industry average (1.7x).
How is NGK Spark Plug forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NGKS.F's forecast earnings growth (13.3% per year) is above the savings rate (2.2%).
Earnings vs Market: NGKS.F's earnings (13.3% per year) are forecast to grow slower than the US market (22.1% per year).
High Growth Earnings: NGKS.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: NGKS.F's revenue (3.6% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: NGKS.F's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NGKS.F's Return on Equity is forecast to be low in 3 years time (9.5%).
How has NGK Spark Plug performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NGKS.F has high quality earnings.
Growing Profit Margin: NGKS.F's current net profit margins (6.7%) are lower than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: NGKS.F's earnings have grown by 3% per year over the past 5 years.
Accelerating Growth: NGKS.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NGKS.F had negative earnings growth (-31.9%) over the past year, making it difficult to compare to the Auto Components industry average (-18.5%).
Return on Equity
High ROE: NGKS.F's Return on Equity (6.6%) is considered low.
How is NGK Spark Plug's financial position?
Financial Position Analysis
Short Term Liabilities: NGKS.F's short term assets (¥340.9B) exceed its short term liabilities (¥120.3B).
Long Term Liabilities: NGKS.F's short term assets (¥340.9B) exceed its long term liabilities (¥175.2B).
Debt to Equity History and Analysis
Debt Level: NGKS.F's debt to equity ratio (46.2%) is considered high.
Reducing Debt: NGKS.F's debt to equity ratio has increased from 15.3% to 46.2% over the past 5 years.
Debt Coverage: NGKS.F's debt is well covered by operating cash flow (29.2%).
Interest Coverage: NGKS.F earns more interest than it pays, so coverage of interest payments is not a concern.
What is NGK Spark Plug current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NGKS.F's dividend (2.73%) is higher than the bottom 25% of dividend payers in the US market (1.72%).
High Dividend: NGKS.F's dividend (2.73%) is low compared to the top 25% of dividend payers in the US market (4.89%).
Stability and Growth of Payments
Stable Dividend: NGKS.F's dividends per share have been stable in the past 10 years.
Growing Dividend: NGKS.F's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.3%), NGKS.F's dividend payments are 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 board tenure
NGK Spark Plug has no CEO, or we have no data on them.
|President||5.25yrs||no data||0.0020% |
|Managing Officer & Director||2.25yrs||no data||0.0025% |
|Executive Vice President & Director||2.25yrs||no data||0.0025% |
|Executive Officer & Director||3.25yrs||no data||0.0015% |
|Executive Officer & Director||2.25yrs||no data||0.0044% |
|Executive Officer & Director||1.25yrs||no data||0.00049% |
|Chairman of the Board||4.42yrs||JP¥129.00m||0.010% |
|Independent Outside Director||7.25yrs||no data||0.00049% |
|Independent Outside Director||6.25yrs||no data||0.00049% |
|Audit & Supervisory Board Member||1.25yrs||no data||0.0029% |
|Independent Outside Director||1.25yrs||no data||no data|
|Standing Audit & Supervisory Board Member||3.25yrs||no data||0.00098% |
Experienced Board: NGKS.F's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
NGK Spark Plug Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: NGK Spark Plug Co., Ltd.
- Ticker: NGKS.F
- Exchange: OTCPK
- Founded: 1936
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: JP¥372.282b
- Listing Market Cap: JP¥3.530b
- Shares outstanding: 203.43m
- Website: https://www.ngkntk.co.jp/english
Number of Employees
- NGK Spark Plug Co., Ltd.
- 14-18, Takatsuji-cho
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NGK||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1992|
|5334||TSE (The Tokyo Stock Exchange)||Yes||Common Stock||JP||JPY||Jan 1992|
|NGKS.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jan 1992|
|NGKS.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Oct 2008|
NGK Spark Plug Co., Ltd., together with its subsidiaries, manufactures and sells spark plugs and related products for internal-combustion engines; and technical ceramics and applicable products in Japan. I ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/01 00:02|
|End of Day Share Price||2020/08/17 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.