OTCPK:NPEX.Y

Stock Analysis Report

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Executive Summary

Nippon Express Co., Ltd., together with its subsidiaries, provides logistics services.


Snowflake Analysis

Good value with adequate balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: NPEX.Y has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

NPEX.Y

1.4%

US Transportation

2.4%

US Market


1 Year Return

-1.9%

NPEX.Y

-5.5%

US Transportation

9.2%

US Market

Return vs Industry: NPEX.Y exceeded the US Transportation industry which returned -14.3% over the past year.

Return vs Market: NPEX.Y matched the US Market which returned -2.7% over the past year.


Shareholder returns

NPEX.YIndustryMarket
7 Day0%1.4%2.4%
30 Day0%15.8%10.2%
90 Day0%10.1%3.4%
1 Year-1.0%-1.9%-4.2%-5.5%11.6%9.2%
3 Year-3.8%-4.6%52.2%44.4%33.7%24.9%
5 Year-4.6%-5.5%87.5%70.5%59.7%41.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

32.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NPEX.Y ($10.88) is trading below our estimate of fair value ($16.06)

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


Price To Earnings Ratio

PE vs Industry: NPEX.Y is poor value based on its PE Ratio (27.5x) compared to the Transportation industry average (19.3x).

PE vs Market: NPEX.Y is poor value based on its PE Ratio (27.5x) compared to the US market (14.4x).


Price to Earnings Growth Ratio

PEG Ratio: NPEX.Y is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: NPEX.Y is good value based on its PB Ratio (0.9x) compared to the US Transportation industry average (1.7x).


Next Steps

Future Growth

How is Nippon Express forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

27.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NPEX.Y's forecast earnings growth (27.6% per year) is above the savings rate (1.7%).

Earnings vs Market: NPEX.Y's earnings (27.6% per year) are forecast to grow faster than the US market (18.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NPEX.Y's revenue (1.7% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: NPEX.Y's revenue (1.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NPEX.Y's Return on Equity is forecast to be low in 3 years time (7.9%).


Next Steps

Past Performance

How has Nippon Express performed over the past 5 years?

-0.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NPEX.Y has a large one-off loss of ¥18.8B impacting its March 31 2020 financial results.

Growing Profit Margin: NPEX.Y's current net profit margins (0.8%) are lower than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: NPEX.Y's earnings have declined by -0.4% per year over the past 5 years.

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

Earnings vs Industry: NPEX.Y had negative earnings growth (-64.7%) over the past year, making it difficult to compare to the Transportation industry average (-15.8%).


Return on Equity

High ROE: NPEX.Y's Return on Equity (3.3%) is considered low.


Next Steps

Financial Health

How is Nippon Express's financial position?


Financial Position Analysis

Short Term Liabilities: NPEX.Y's short term assets (¥672.3B) exceed its short term liabilities (¥465.2B).

Long Term Liabilities: NPEX.Y's short term assets (¥672.3B) exceed its long term liabilities (¥496.3B).


Debt to Equity History and Analysis

Debt Level: NPEX.Y's debt to equity ratio (69.4%) is considered high.

Reducing Debt: NPEX.Y's debt to equity ratio has increased from 59.9% to 69.4% over the past 5 years.

Debt Coverage: NPEX.Y's debt is well covered by operating cash flow (25.4%).

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


Balance Sheet


Next Steps

Dividend

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

3.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NPEX.Y's dividend (3.05%) is higher than the bottom 25% of dividend payers in the US market (1.83%).

High Dividend: NPEX.Y's dividend (3.05%) is low compared to the top 25% of dividend payers in the US market (5%).


Stability and Growth of Payments

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

Growing Dividend: NPEX.Y's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (83.8%), NPEX.Y'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

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average management tenure


CEO

Mitsuru Saito (65yo)

3yrs

Tenure

Dr. Mitsuru Saito has been the Chief Executive Officer and President of Nippon Express Co. Ltd since May 1, 2017. Dr. Saito served as Chief Operating Officer and Executive Vice President at Nippon Express  ...


Leadership Team

NamePositionTenureCompensationOwnership
Mitsuru Saito
President3yrsno data0.015% ¥657.8k
Takaaki Ishii
Executive VP5.92yrsno data0.011% ¥486.4k
Susumu Akita
Executive VP3.92yrsno data0.0038% ¥167.0k
Akira Kondo
Senior Managing Executive Officer3.92yrsno datano data
Tatsuo Sugiyama
Managing Executive Officer3.92yrsno datano data
Eiichi Nakamura
Senior Managing Executive Officer3.92yrsno datano data
Mitsuru Uematsu
Managing Executive Officer3.92yrsno datano data
Toshiro Uchida
Managing Executive Officer3.92yrsno datano data
Makoto Ikeda
Senior Managing Executive Officerno datano datano data
Yutaka Nagai
Managing Executive Officerno datano datano data

3.9yrs

Average Tenure

65yo

Average Age

Experienced Management: NPEX.Y's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mitsuru Saito
President3yrsno data0.015% ¥657.8k
Takaaki Ishii
Executive VP5.92yrsno data0.011% ¥486.4k
Susumu Akita
Executive VP3.92yrsno data0.0038% ¥167.0k
Takashi Masuda
Executive Officer & Director1.92yrsno data0.0027% ¥119.2k
Kenji Watanabe
Chairman3yrsno data0.027% ¥1.2m
Hisao Taketsu
Director5.92yrsno data0.0094% ¥414.6k
Masahiro Sugiyama
Outside Director5.92yrsno data0.00032% ¥14.2k
Shigeo Nakayama
Outside Director5.92yrsno data0.00032% ¥14.2k
Naoya Hayashida
Full-time Audit & Supervisory Board Memberno datano data0.0046% ¥205.1k
Sadako Yasuoka
Outside Director4.92yrsno data0.00032% ¥14.2k

5.9yrs

Average Tenure

65yo

Average Age

Experienced Board: NPEX.Y's board of directors are considered experienced (5.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Nippon Express Co., Ltd.
  • Ticker: NPEX.Y
  • Exchange: OTCPK
  • Founded: 1872
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: JP¥472.097b
  • Listing Market Cap: JP¥4.430b
  • Shares outstanding: 92.93m
  • Website: https://www.nipponexpress.com

Number of Employees


Location

  • Nippon Express Co., Ltd.
  • 1-9-3, Higashi-Shimbashi
  • Minato-Ku
  • Tokyo
  • 105-8322
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NPEX.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992
9062TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
NEXDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992
NPEX.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDOct 2008

Biography

Nippon Express Co., Ltd., together with its subsidiaries, provides logistics services. It offers rail freight forwarding, truck transportation, truck freight forwarding, marine transportation, coastal shipping, harbor transportation, NVOCC marine transportation, air freight forwarding, and other transportation and forwarding services. The company also provides freight transportation consignment, warehousing, construction, customs-clearance, freight collection and settlement, and air freight forwarding agency services, as well as non-life insurance agency services. In addition, it engages in the packing; packaging, labeling, and storage business for pharmaceuticals, quasi-pharmaceuticals, cosmetics, and medical equipment; travel agency business; transportation, construction, and installation of heavy goods and various incidental business; purchase, sale, and lease of real estate; security and general worker dispatching business; waste management operations; delivery activities; collection and processing of logistics information; and sale of goods and commodities. Further, the company is involved in investing and financing of various businesses. It operates in Japan, the Americas, Europe, East Asia, South Asia and Oceania, and Africa. The company was founded in 1872 and is headquartered in Tokyo, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/06 03:07
End of Day Share Price2020/02/06 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.