OTCPK:NPEG.F

Stock Analysis Report

Nippon Electric Glass

Executive Summary

Nippon Electric Glass Co., Ltd., together with its subsidiaries, manufactures and sells specialty glass products and glassmaking machinery in Japan, China, Korea, the United States, Europe, Taiwan, and internationally.

Rewards

Trading at 3.8% below its fair value

Risk Analysis

No risks detected for NPEG.F from our risk checks.


Snowflake Analysis

Excellent balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Nippon Electric Glass's share price performed over time and what events caused price changes?


Latest Share Price and Events

Information is not available.


Market Performance


7 Day Return

0%

NPEG.F

1.3%

US Electronic

1.1%

US Market


1 Year Return

n/a

NPEG.F

23.2%

US Electronic

17.8%

US Market

Return vs Industry: Insufficient data to determine how NPEG.F performed against the US Electronic industry.

Return vs Market: Insufficient data to determine how NPEG.F performed against the US Market.


Shareholder returns

NPEG.FIndustryMarket
7 Day0%1.3%1.1%
30 Day0%-0.4%1.4%
90 Day0%5.5%3.9%
1 Yearn/a24.5%23.2%20.3%17.8%
3 Year447.2%447.2%44.7%40.7%44.8%35.4%
5 Yearn/a84.3%75.2%71.3%52.4%

Price Volatility Vs. Market

How volatile is Nippon Electric Glass's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Nippon Electric Glass undervalued compared to its fair value and its price relative to the market?

3.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NPEG.F ($25.72) is trading below our estimate of fair value ($26.75)

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


Price To Earnings Ratio

PE vs Industry: NPEG.F is good value based on its PE Ratio (18.7x) compared to the Electronic industry average (20.7x).

PE vs Market: NPEG.F is poor value based on its PE Ratio (18.7x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: NPEG.F is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: NPEG.F is good value based on its PB Ratio (0.5x) compared to the US Electronic industry average (2.1x).


Next Steps

Future Growth

How is Nippon Electric Glass forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

17.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NPEG.F's forecast earnings growth (17.8% per year) is above the savings rate (2.7%).

Earnings vs Market: NPEG.F's earnings (17.8% per year) are forecast to grow faster than the US market (14.2% per year).

High Growth Earnings: NPEG.F's earnings are forecast to grow, but not significantly.

Revenue vs Market: NPEG.F's revenue (2% per year) is forecast to grow slower than the US market (7.4% per year).

High Growth Revenue: NPEG.F's revenue (2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NPEG.F's Return on Equity is forecast to be low in 3 years time (3.2%).


Next Steps

Past Performance

How has Nippon Electric Glass performed over the past 5 years?

15.8%

Historical annual earnings growth


Earnings and Revenue History

Information is not available.

Information is not available.


Past Earnings Growth Analysis

Earnings Trend: NPEG.F's earnings have grown by 15.8% per year over the past 5 years.

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

Earnings vs Industry: NPEG.F had negative earnings growth (-45.7%) over the past year, making it difficult to compare to the Electronic industry average (53.7%).


Return on Equity

High ROE: NPEG.F's Return on Equity (2.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Nippon Electric Glass's financial position?


Financial Position Analysis

Short Term Liabilities: NPEG.F's short term assets (¥238.3B) exceed its short term liabilities (¥89.2B).

Long Term Liabilities: NPEG.F's short term assets (¥238.3B) exceed its long term liabilities (¥99.9B).


Debt to Equity History and Analysis

Debt Level: NPEG.F's debt to equity ratio (19.1%) is considered satisfactory.

Reducing Debt: NPEG.F's debt to equity ratio has increased from 18.8% to 19.1% over the past 5 years.

Debt Coverage: NPEG.F's debt is well covered by operating cash flow (42.5%).

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


Balance Sheet

Inventory Level: NPEG.F has a high level of physical assets or inventory.

Debt Coverage by Assets: NPEG.F's debt is covered by short term assets (assets are 2.4x debt).


Next Steps

Dividend

What is Nippon Electric Glass's current dividend yield, its reliability and sustainability?

4.52%

Current Dividend Yield


Dividend Yield vs Market

company4.5%marketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Years4.8%

Current dividend yield vs market & industry

Notable Dividend: NPEG.F's dividend (4.52%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: NPEG.F's dividend (4.52%) is in the top 25% of dividend payers in the US market (3.67%)


Stability and Growth of Payments

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

Growing Dividend: NPEG.F's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (77%), NPEG.F's payments are 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

What is the CEO of Nippon Electric Glass's salary, the management and board of directors tenure and is there insider trading?

4.1yrs

Average management tenure


CEO

Motoharu Matsumoto 0

4.5yrs

Tenure

0

Mr. Motoharu Matsumoto serves as the President of Nippon Electric Glass Co. Ltd since March 2015. Mr. Matsumoto served as the President/Chief Executive Officer of Techneglass Inc. since June 2003 and was a ...


Management Age and Tenure

4.1yrs

Average Tenure

Experienced Management: NPEG.F's management team is considered experienced (4.1 years average tenure).


Board Age and Tenure

4.5yrs

Average Tenure

Experienced Board: NPEG.F's board of directors are considered experienced (4.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Information is not available.


Management Team

  • Motoharu Matsumoto

    President & Representative Director

    • Tenure: 4.5yrs
  • Hiroki Yamazaki

    Senior VP

    • Tenure: 3.5yrs
  • Hirokazu Takeuchi

    Executive VP

    • Tenure: 6.3yrs
  • Koichi Tsuda

    Senior VP & Director

    • Tenure: 4.5yrs
  • Akihisa Saeki

    Senior VP

    • Tenure: 5.3yrs
  • Akira Kishimoto

    Senior VP & Group GM of Consumer Glass Products Group

    • Tenure: 0yrs
  • Norio Nakamura

    Senior VP & Group GM of Glass Fiber Group

    • Tenure: 0yrs
  • Haruki Matsumiya

    Senior VP and Group GM of Process Development & Engineering Group

    • Tenure: 0yrs
  • Mamoru Morii

    Vice President of Accounting & Purchasing

    • Tenure: 2.7yrs

Board Members

  • Motoharu Matsumoto

    President & Representative Director

    • Tenure: 4.5yrs
  • Masayuki Arioka

    Chairman of the Board

    • Tenure: 4.5yrs
  • Hiroki Yamazaki

    Senior VP

    • Tenure: 3.5yrs
  • Hirokazu Takeuchi

    Executive VP

    • Tenure: 6.3yrs
  • Koichi Tsuda

    Senior VP & Director

    • Tenure: 4.5yrs
  • Akihisa Saeki

    Senior VP

    • Tenure: 5.3yrs
  • Shuichi Mori (70yo)

    Outside Director

    • Tenure: 3.5yrs
  • Sumimaru Odano

    Outside Director

    • Tenure: 4.5yrs
  • Masahiko Ohji

    Full-Time Corporate Auditor

    • Tenure: 4.5yrs
  • Reiko Urade

    Outside Director

    • Tenure: 0.5yrs

Company Information

Nippon Electric Glass Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nippon Electric Glass Co., Ltd.
  • Ticker: NPEG.F
  • Exchange: OTCPK
  • Founded: 1944
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: JP¥234.880b
  • Listing Market Cap: JP¥2.187b
  • Shares outstanding: 96.62m
  • Website: https://www.neg.co.jp/en

Number of Employees


Location

  • Nippon Electric Glass Co., Ltd.
  • 7-1, Seiran 2-chome
  • Otsu
  • Shiga
  • 520-8639
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5214TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
NPEG.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992
NPGDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

Biography

Nippon Electric Glass Co., Ltd., together with its subsidiaries, manufactures and sells specialty glass products and glassmaking machinery in Japan, China, Korea, Europe, Taiwan, the United States, and int ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/25 00:08
End of Day Share Price2019/06/27 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.