Nitto Kogyo Corporation

OTCPK:NELE.F Stock Report

Market Cap: US$962.0m

Nitto Kogyo Valuation

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

Valuation Score

0/6

Valuation Score 0/6

Share Price vs Fair Value

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


Key Valuation Metric

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

Key metric:

The above table shows the Price to Earnings ratio for NELE.F. This is calculated by dividing NELE.F's market cap by their current earnings.
What is NELE.F's PE Ratio?
PE Ratio21.4x
EarningsJP¥6.47b
Market CapJP¥139.40b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NELE.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.5x
THR Thermon Group Holdings
21.2x21.1%US$948.2m
PLPC Preformed Line Products
22.3xn/aUS$719.2m
LYTS LSI Industries
26x22.5%US$609.8m
SHLS Shoals Technologies Group
24.2x23.0%US$781.8m
NELE.F Nitto Kogyo
21.4x12.2%US$139.4b


Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CGEH Capstone Green Energy Holdings
1xn/aUS$15.05m
KRFG OneSolution Technology
1xn/aUS$1.33m
No more companies available in this PE range
NELE.F 21.4xIndustry Avg. 24.2xNo. of Companies5PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies


Price to Earnings Ratio vs Fair Ratio

What is NELE.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.

NELE.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.4x
Fair PE Ration/a


Analyst Price Targets

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


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/08/14 10:53
End of Day Share Price 2023/05/17 00:00
Earnings2023/06/30
Annual Earnings2023/03/31

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 here.

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 .

Analyst Sources

Nitto Kogyo Corporation is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Junji OkawaDaiwa Securities Co. Ltd.
null nullDaiwa Securities Co. Ltd.
Koichi HariyaIchiyoshi Research Institute Inc.