Nidec Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair 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 NNDN.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NNDN.F ($18.01) is trading below our estimate of fair value ($20.52)

Significantly Below Fair Value: NNDN.F is trading below fair value, but not by a significant amount.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for NNDN.F. This is calculated by dividing NNDN.F's market cap by their current earnings.
What is NNDN.F's PE Ratio?
PE Ratio34.5x
EarningsJP¥95.11b
Market CapJP¥3.28t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NNDN.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.7x
HUBB Hubbell
30x10.4%US$22.5b
ROK Rockwell Automation
34x10.7%US$32.3b
NVT nVent Electric
19.5x0.6%US$11.2b
AME AMETEK
31.3x8.9%US$41.7b
NNDN.F Nidec
34.5x21.0%US$3.3t

Price-To-Earnings vs Peers: NNDN.F is expensive based on its Price-To-Earnings Ratio (34.5x) compared to the peer average (28.7x).


Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
KRFG OneSolution Technology
1xn/aUS$1.33m
No more companies available in this PE range
NNDN.F 34.5xIndustry Avg. 22.9xNo. of Companies7PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NNDN.F is expensive based on its Price-To-Earnings Ratio (34.5x) compared to the US Electrical industry average (22.9x).


Price to Earnings Ratio vs Fair Ratio

What is NNDN.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.

NNDN.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.5x
Fair PE Ratio45.7x

Price-To-Earnings vs Fair Ratio: NNDN.F is good value based on its Price-To-Earnings Ratio (34.5x) compared to the estimated Fair Price-To-Earnings Ratio (45.7x).


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 NNDN.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$18.01
US$26.11
+45.0%
16.8%US$32.52US$16.90n/a17
Dec ’25US$17.75
US$26.75
+50.7%
16.8%US$33.32US$17.31n/a17
Nov ’25US$18.89
US$26.91
+42.4%
17.1%US$33.57US$17.18n/a17
Oct ’25US$21.15
US$28.86
+36.4%
17.8%US$35.52US$18.46n/a17
Sep ’25US$20.18
US$28.43
+40.9%
16.9%US$34.53US$17.94n/a17
Aug ’25US$23.75
US$27.66
+16.5%
16.0%US$33.27US$17.29n/a17
Jul ’25US$23.89
US$26.23
+9.8%
15.0%US$32.47US$16.87n/a18
Jun ’25US$26.00
US$25.70
-1.2%
17.5%US$32.51US$14.66n/a18
May ’25US$23.33
US$24.81
+6.4%
16.5%US$32.34US$14.58n/a18
Apr ’25US$20.50
US$25.02
+22.1%
17.5%US$34.18US$15.42n/a18
Mar ’25US$19.08
US$25.60
+34.2%
19.3%US$35.40US$15.51n/a18
Feb ’25US$18.67
US$25.83
+38.4%
19.8%US$35.60US$15.60n/a17
Jan ’25US$20.17
US$28.49
+41.3%
20.3%US$39.72US$16.17US$18.0118
Dec ’24US$18.80
US$27.55
+46.5%
20.1%US$38.36US$15.61US$17.7518
Nov ’24US$18.45
US$28.13
+52.5%
20.0%US$37.45US$15.24US$18.8918
Oct ’24US$23.00
US$30.22
+31.4%
18.2%US$37.77US$15.38US$21.1518
Sep ’24US$26.00
US$31.29
+20.3%
18.0%US$38.82US$15.80US$20.1819
Aug ’24US$29.50
US$32.27
+9.4%
18.9%US$40.63US$16.90US$23.7519
Jul ’24US$27.60
US$29.98
+8.6%
17.9%US$39.94US$16.61US$23.8919
Jun ’24US$25.35
US$29.98
+18.2%
18.7%US$40.55US$16.51US$26.0018
May ’24US$24.98
US$30.84
+23.5%
19.8%US$41.09US$16.73US$23.3318
Apr ’24US$26.00
US$35.29
+35.7%
18.8%US$45.17US$17.32US$20.5018
Mar ’24US$25.15
US$36.27
+44.2%
17.9%US$46.32US$17.04US$19.0818
Feb ’24US$27.70
US$37.91
+36.9%
17.0%US$48.03US$19.21US$18.6718
Jan ’24US$25.80
US$39.89
+54.6%
17.2%US$46.08US$22.12US$20.1718

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 06:23
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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

Nidec Corporation is covered by 35 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
George ChangAletheia Analyst Network Limited
Masaru KoshitaBarclays
Masahiro WakasugiBNP Paribas Securities (Asia)