Nitto Boseki Co., Ltd.

OTCPK:NBCL.F Stock Report

Market Cap: US$3.6b

Nitto Boseki Valuation

Is NBCL.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NBCL.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: NBCL.F ($19.41) is trading above our estimate of future cash flow value ($14.17)

Significantly Below Future Cash Flow Value: NBCL.F is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NBCL.F?

Key metric: As NBCL.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NBCL.F. This is calculated by dividing NBCL.F's market cap by their current earnings.
What is NBCL.F's PE Ratio?
PE Ratio14.1x
EarningsJP¥41.77b
Market CapJP¥589.76b

Price to Earnings Ratio vs Peers

How does NBCL.F's PE Ratio compare to its peers?

The above table shows the PE ratio for NBCL.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27x
HAYW Hayward Holdings
19.5x9.78%US$3.1b
CSW CSW Industrials
42.2x12.92%US$4.6b
AZZ AZZ
23.2x5.15%US$4.5b
TREX Trex Company
23x5.30%US$4.4b
NBCL.F Nitto Boseki
14.1x-6.58%US$589.8b

Price-To-Earnings vs Peers: NBCL.F is good value based on its Price-To-Earnings Ratio (14.1x) compared to the peer average (27x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does NBCL.F's PE Ratio compare vs other companies in the US Building Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
BNC CEA Industries
1xn/aUS$121.73m
No more companies available in this PE range
NBCL.F 14.1xIndustry Avg. 22.1xNo. of Companies10PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NBCL.F is good value based on its Price-To-Earnings Ratio (14.1x) compared to the US Building industry average (22.1x).

Price to Earnings Ratio vs Fair Ratio

What is NBCL.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NBCL.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NBCL.F's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NBCL.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$19.41
US$33.27
+71.40%
12.31%US$40.73US$27.15n/a9
Jul ’27US$24.49
US$33.12
+35.24%
12.44%US$40.60US$27.06n/a9
Jun ’27US$29.00
US$34.71
+19.69%
12.53%US$41.44US$27.63n/a9
May ’27US$35.80
US$34.35
-4.05%
12.09%US$41.33US$27.55n/a9
Apr ’27US$24.60
US$31.05
+26.21%
12.99%US$35.15US$22.60n/a9
Mar ’27US$31.40
US$27.57
-12.19%
25.79%US$35.56US$17.55n/a9
Feb ’27US$19.57
US$19.65
+0.40%
14.17%US$23.47US$14.13n/a8
Jan ’27n/a
US$15.85
0%
27.28%US$21.16US$9.49n/a7
Dec ’26n/a
US$14.67
0%
33.16%US$21.23US$9.01n/a7
Nov ’26n/a
US$9.98
0%
11.12%US$11.56US$8.16n/a7
Oct ’26n/a
US$9.98
0%
11.12%US$11.56US$8.16n/a7
Sep ’26n/a
US$9.34
0%
10.19%US$10.44US$8.15n/a7
Aug ’26n/a
US$9.35
0%
10.25%US$10.42US$8.14n/a7
Jul ’26n/a
US$8.59
0%
12.28%US$10.69US$7.38US$24.497
Jun ’26n/a
US$8.73
0%
13.41%US$11.08US$7.37US$29.007
May ’26n/a
US$8.90
0%
12.78%US$11.22US$7.46US$35.807
Apr ’26n/a
US$8.76
0%
13.22%US$10.67US$7.10US$24.607
Mar ’26n/a
US$9.32
0%
14.52%US$11.42US$7.00US$31.407
Feb ’26n/a
US$9.13
0%
14.37%US$11.22US$6.87US$19.577
Jan ’26n/a
US$8.99
0%
14.31%US$11.06US$6.78n/a7
Dec ’25n/a
US$9.02
0%
14.83%US$11.18US$6.85n/a7
Nov ’25n/a
US$9.03
0%
13.18%US$10.53US$6.93n/a8
Oct ’25n/a
US$9.56
0%
13.02%US$11.21US$7.38n/a8
Sep ’25n/a
US$9.73
0%
12.49%US$11.01US$7.25n/a9
Aug ’25n/a
US$9.66
0%
12.55%US$11.48US$7.08n/a9
Jul ’25n/a
US$9.44
0%
12.74%US$10.90US$6.71n/a9
US$32.3
Fair Value
39.9% undervalued intrinsic discount
9
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/23 22:43
End of Day Share Price 2026/07/23 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nitto Boseki Co., Ltd. is covered by 13 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takashi EnomotoBofA Global Research
Yuta NishiyamaCitigroup Inc
Makoto KurosawaCLSA