Nippon Electric Glass Co., Ltd.

  • Market Cap: Mid Cap
  • Industry: Electronics & Appliances
  • ISIN: JP3733400000
JPY
6,862.00
-53 (-0.77%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Kanematsu Corp.
Sumida Corp.
Alps Alpine Co., Ltd.
Koa Corp.
Nippon Electric Glass Co., Ltd.
Kohoku Kogyo Co. Ltd.
Canon Electronics, Inc.
Mimasu Semiconductor Industry Co., Ltd.
Mitsui High-tec, Inc.
Murata Manufacturing Co. Ltd.
Cosel Co., Ltd.

Why is Nippon Electric Glass Co., Ltd. ?

1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 24.80
2
Poor long term growth as Net Sales has grown by an annual rate of 5.10% and Operating profit at 14.31% over the last 5 years
  • ROCE(HY) Highest at 6.07%
  • RAW MATERIAL COST(Y) Fallen by -59.33% (YoY)
  • DEBT-EQUITY RATIO (HY) Lowest at -4.73 %
3
With ROE of 6.78%, it has a very attractive valuation with a 1.19 Price to Book Value
  • The stock is trading at a premium compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 100.23%, its profits have fallen by -12.2%
  • At the current price, the company has a high dividend yield of 0
4
Majority shareholders : FIIs
5
Market Beating Performance
  • The stock has generated a return of 100.23% in the last 1 year, much higher than market (Japan Nikkei 225) returns of 69.82%
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Nippon Electric Glass Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Electronics & Appliances should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Nippon Electric Glass Co., Ltd. for you?

Medium Risk, High Return

Absolute
Risk Adjusted
Volatility
Nippon Electric Glass Co., Ltd.
100.23%
697.26
38.12%
Japan Nikkei 225
66.43%
2.73
25.54%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
5.10%
EBIT Growth (5y)
14.31%
EBIT to Interest (avg)
24.80
Debt to EBITDA (avg)
0.26
Net Debt to Equity (avg)
-0.01
Sales to Capital Employed (avg)
0.50
Tax Ratio
100.00%
Dividend Payout Ratio
39.23%
Pledged Shares
0
Institutional Holding
0.04%
ROCE (avg)
3.44%
ROE (avg)
4.68%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
18
Industry P/E
Price to Book Value
1.19
EV to EBIT
16.76
EV to EBITDA
9.75
EV to Capital Employed
1.20
EV to Sales
1.81
PEG Ratio
NA
Dividend Yield
0.02%
ROCE (Latest)
7.17%
ROE (Latest)
6.78%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Bullish
Bullish
OBV
Bullish
Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

19What is working for the Company
ROCE(HY)

Highest at 6.07%

RAW MATERIAL COST(Y)

Fallen by -59.33% (YoY

DEBT-EQUITY RATIO (HY)

Lowest at -4.73 %

DEBTORS TURNOVER RATIO(HY)

Highest at 5.09 times

DIVIDEND PER SHARE(HY)

Highest at JPY 5.09

NET SALES(Q)

Highest at JPY 79,308 MM

OPERATING PROFIT(Q)

Highest at JPY 15,760 MM

OPERATING PROFIT MARGIN(Q)

Highest at 19.87 %

PRE-TAX PROFIT(Q)

Highest at JPY 14,207 MM

NET PROFIT(Q)

Highest at JPY 11,706.69 MM

EPS(Q)

Highest at JPY 168.92

-13What is not working for the Company
INTEREST COVERAGE RATIO(Q)

Lowest at 3,269.71

INTEREST(Q)

Highest at JPY 482 MM

Here's what is working for Nippon Electric Glass Co., Ltd.

Net Sales
Highest at JPY 79,308 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (JPY MM)

Operating Profit
Highest at JPY 15,760 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (JPY MM)

Operating Profit Margin
Highest at 19.87 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit
Highest at JPY 14,207 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (JPY MM)

Net Profit
Highest at JPY 11,706.69 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (JPY MM)

Net Profit
At JPY 11,706.69 MM has Grown at 66.55%
over average net sales of the previous four periods of JPY 7,028.86 MM
MOJO Watch
Near term Net Profit trend is positive

Net Profit (JPY MM)

EPS
Highest at JPY 168.92
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (JPY)

Debt-Equity Ratio
Lowest at -4.73 %
in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Debtors Turnover Ratio
Highest at 5.09 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Dividend per share
Highest at JPY 5.09
in the last five years
MOJO Watch
Company is distributing higher dividend from profits generated

DPS (JPY)

Raw Material Cost
Fallen by -59.33% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Nippon Electric Glass Co., Ltd.

Interest
At JPY 482 MM has Grown at 93.57%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Interest Coverage Ratio
Lowest at 3,269.71
in the last five periods
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest
Highest at JPY 482 MM
in the last five periods and Increased by 93.57% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)