Nippon Sheet Glass Company Valuation

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

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: NPSG.Y ($2.5) is trading below our estimate of fair value ($33.07)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NPSG.Y?

Key metric: As NPSG.Y is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for NPSG.Y. This is calculated by dividing NPSG.Y's market cap by their current revenue.
What is NPSG.Y's PS Ratio?
PS Ratio	0.04x
Sales	JP¥834.81b
Market Cap	JP¥30.19b

NPSG.Y key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.6x
Enterprise Value/EBITDA	9.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does NPSG.Y's PS Ratio compare to its peers?

The above table shows the PS ratio for NPSG.Y vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.7x
CSTE Caesarstone	0.3x	1.4%	US$146.8m
BURC.A Burnham Holdings	0.3x	n/a	US$62.2m
IIIN Insteel Industries	1.1x	10.8%	US$593.7m
JBI Janus International Group	1x	-4.2%	US$1.0b
NPSG.Y Nippon Sheet Glass Company	0.04x	2.1%	US$30.2b

Price-To-Sales vs Peers: NPSG.Y is good value based on its Price-To-Sales Ratio (0x) compared to the peer average (0.7x).

Price to Sales Ratio vs Industry

How does NPSG.Y's PS Ratio compare vs other companies in the US Building Industry?

10 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	1.7x	5.3%
NPSG.Y Nippon Sheet Glass Company	0.04x	2.1%	US$199.83m
JELD JELD-WEN Holding	0.2x	-1.8%	US$905.43m
BURC.A Burnham Holdings	0.3x	n/a	US$62.20m

10 Companies		Estimated Growth	Market Cap
Industry Avg.	1.7x	12.8%
NPSG.Y Nippon Sheet Glass Company	0.04x	57.3%	US$199.83m

No more companies

Price-To-Sales vs Industry: NPSG.Y is good value based on its Price-To-Sales Ratio (0x) compared to the US Building industry average (1.7x).

Price to Sales Ratio vs Fair Ratio

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

NPSG.Y PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.04x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate NPSG.Y's Price-To-Sales 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?

Analyst Forecast: Insufficient data to show price forecast.

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