OTCPK:NSAN.Y

Stock Analysis Report

Executive Summary

Nissan Motor Co., Ltd. manufactures and sells vehicles and automotive parts worldwide.


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has Nissan Motor's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NSAN.Y's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.8%

NSAN.Y

-18.8%

US Auto

-10.6%

US Market


1 Year Return

-51.3%

NSAN.Y

29.6%

US Auto

5.2%

US Market

Return vs Industry: NSAN.Y underperformed the US Auto industry which returned 29.6% over the past year.

Return vs Market: NSAN.Y underperformed the US Market which returned 5.2% over the past year.


Shareholder returns

NSAN.YIndustryMarket
7 Day-6.8%-18.8%-10.6%
30 Day-23.1%0.7%-8.5%
90 Day-31.8%23.4%-4.6%
1 Year-50.8%-51.3%33.3%29.6%7.4%5.2%
3 Year-57.1%-57.6%42.8%29.6%31.7%23.2%
5 Year-58.5%-59.0%49.0%23.4%56.4%39.3%

Price Volatility Vs. Market

How volatile is Nissan Motor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Nissan Motor undervalued compared to its fair value and its price relative to the market?

32.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NSAN.Y ($8.4) is trading below our estimate of fair value ($12.48)

Significantly Below Fair Value: NSAN.Y is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NSAN.Y is poor value based on its PE Ratio (44.1x) compared to the Auto industry average (24.2x).

PE vs Market: NSAN.Y is poor value based on its PE Ratio (44.1x) compared to the US market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: NSAN.Y is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: NSAN.Y is good value based on its PB Ratio (0.4x) compared to the US Auto industry average (3.2x).


Next Steps

Future Growth

How is Nissan Motor forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

38.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NSAN.Y's forecast earnings growth (38.4% per year) is above the savings rate (1.7%).

Earnings vs Market: NSAN.Y's earnings (38.4% per year) are forecast to grow faster than the US market (13% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NSAN.Y's revenue (2.9% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: NSAN.Y's revenue (2.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NSAN.Y's Return on Equity is forecast to be low in 3 years time (6.6%).


Next Steps

Past Performance

How has Nissan Motor performed over the past 5 years?

-8.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NSAN.Y has a large one-off loss of ¥139.2B impacting its December 31 2019 financial results.

Growing Profit Margin: NSAN.Y's current net profit margins (0.4%) are lower than last year (4%).


Past Earnings Growth Analysis

Earnings Trend: NSAN.Y's earnings have declined by -8.2% per year over the past 5 years.

Accelerating Growth: NSAN.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NSAN.Y had negative earnings growth (-91.4%) over the past year, making it difficult to compare to the Auto industry average (-18.9%).


Return on Equity

High ROE: NSAN.Y's Return on Equity (1.1%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Nissan Motor's financial position?


Financial Position Analysis

Short Term Liabilities: NSAN.Y's short term assets (¥10,973.9B) exceed its short term liabilities (¥7,586.0B).

Long Term Liabilities: NSAN.Y's short term assets (¥10,973.9B) exceed its long term liabilities (¥5,081.4B).


Debt to Equity History and Analysis

Debt Level: NSAN.Y's debt to equity ratio (144.3%) is considered high.

Reducing Debt: NSAN.Y's debt to equity ratio has increased from 124.9% to 144.3% over the past 5 years.

Debt Coverage: NSAN.Y's debt is not well covered by operating cash flow (19.3%).

Interest Coverage: NSAN.Y earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: NSAN.Y has a high level of physical assets or inventory.

Debt Coverage by Assets: NSAN.Y's debt is covered by short term assets (assets are 1.4x debt).


Next Steps

Dividend

What is Nissan Motor's current dividend yield, its reliability and sustainability?

8.51%

Current Dividend Yield


Dividend Yield vs Market

company8.5%marketbottom25%1.6%markettop25%4.1%industryaverage4.6%forecastin3Years4.8%

Current dividend yield vs market & industry

Notable Dividend: NSAN.Y's dividend (8.51%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: NSAN.Y's dividend (8.51%) is in the top 25% of dividend payers in the US market (4.09%)


Stability and Growth of Payments

Stable Dividend: NSAN.Y's dividend payments have been volatile in the past 10 years.

Growing Dividend: NSAN.Y's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (360.9%), NSAN.Y's dividend payments are not 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?

0.2yrs

Average management tenure


CEO

Makoto Uchida 0

0.2yrs

Tenure

0

Mr. Makoto Uchida serves as Chief Executive Officer, President and Representative Executive Officer of Nissan Motor Co., Ltd. since December 1, 2019. Mr. Uchida was the Senior Vice President at Nissan Moto ...


Leadership Team

NamePositionTenureCompensationOwnership
Nishikawa Hayato
Executive Director0yrsJP¥404.00mno data
Makoto Uchida
Representative Executive Officer0.2yrsno datano data
Stephen Ma
Executive Officer & CFO0.2yrsno datano data
Ashwani Gupta
Representative Executive Officer0.2yrsno datano data
Sadayuki Hamaguchi
Chief Communications Officer & Corporate Vice President2yrsno datano data
Shoukei Kimura
Alliance Executive Vice President0yrsno datano data
Asako Hoshino
Executive Officer4.8yrsno data0.0012% ¥197.4k
Akihhiro Otomo
Corporate Vice President0yrsno datano data
Joji Tagawa
Senior Vice President0yrsno datano data
Tsuyoshi Yamaguchi
Executive Vice President of Alliance Technology Development0yrsno datano data

0.2yrs

Average Tenure

Experienced Management: NSAN.Y's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Nishikawa Hayato
Executive Director0yrsJP¥404.00mno data
Hideyuki Sakamoto
Executive VP of Manufacturing & SCM Operations0yrsJP¥102.00m0.00087% ¥145.5k
Jean-Dominique Senard
Vice Chairman of the Board0.7yrsno datano data
Yasushi Kimura
Independent Chairman of the Board0.7yrsno datano data
Hiroto Saikawa
Representative Director14.7yrsJP¥396.00m0.0015% ¥255.9k
Yasuhiro Yamauchi
Director0.7yrsno data0.00056% ¥93.7k
Motoo Nagai
Independent Outside Director0.7yrsno data0.00026% ¥43.5k
Masakazu Toyoda
Lead Independent Outside Director0.7yrsno data0.000030% ¥5.0k
Keiko Ihara
Independent Outside Director1.7yrsno data0.000050% ¥8.4k
Bernard Delmas
Independent Outside Director0.7yrsno datano data

0.7yrs

Average Tenure

65.5yo

Average Age

Experienced Board: NSAN.Y's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


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

Nissan Motor Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nissan Motor Co., Ltd.
  • Ticker: NSAN.Y
  • Exchange: OTCPK
  • Founded: 1933
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: JP¥1.840t
  • Listing Market Cap: JP¥16.727b
  • Shares outstanding: 3.91b
  • Website: https://www.nissan-global.com

Number of Employees


Location

  • Nissan Motor Co., Ltd.
  • 1-1, Takashima 1-chome
  • Nishi-ku
  • Yokohama
  • Kanagawa
  • 220-8686
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NSAN.YOTCPK (Pink Sheets LLC)SPONS ADR(CNV INTO 2 ORD NPV)USUSDDec 1972
NSANY NBMV (Bolsa Mexicana de Valores)SPONS ADR(CNV INTO 2 ORD NPV)MXMXNDec 1972
NISEDB (Deutsche Boerse AG)SPONS ADR(CNV INTO 2 ORD NPV)DEEURDec 1972
NSAN.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1975
7201TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1975
NISADB (Deutsche Boerse AG)YesCommon StockDEEURJan 1975
NISAWBAG (Wiener Boerse AG)YesCommon StockATEURJan 1975

Biography

Nissan Motor Co., Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan, Infiniti, Datsun, Heritage, and Motorsports brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; specially equipped vehicles; and motorsports engines. It also provides financial services, auto credit and car leasing, card business, insurance agency, and inventory finance, as well as engages in exterior and interior design for automobiles, and operations and consulting related to the analysis and assay of raw materials. In addition, the company engages in the provision of travel, environmental and engineering, production technology center, and facility services; ground and vehicle management, and information and logistics businesses; design, vehicle drawings and experiments, other engineering, electronic devices, and electronic equipment businesses; export and import of auto components and materials; and real estate businesses. Further, it is involved in promotion of motorsports, including race and motorsports event planning, and vehicle remodeling; sale of car parts and accessories for motorsports; and demonstration test and commercialization study for second-life use of lithium-ion batteries for automotive use. Additionally, the company imports and sells Renault vehicles and parts; and manages and plans professional soccer team and soccer schools. The company was founded in 1933 and is headquartered in Yokohama, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 00:05
End of Day Share Price2020/02/27 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.