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
3
Flat results in Mar 26
- INTEREST(HY) At JPY 790 MM has Grown at 34.58%
- OPERATING PROFIT(Q) Lowest at JPY 12,847 MM
- OPERATING PROFIT MARGIN(Q) Lowest at 17.11 %
4
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 87.05%, its profits have fallen by -12.2%
- At the current price, the company has a high dividend yield of 0
5
Majority shareholders : FIIs
How much should you hold?
- Overall Portfolio exposure to Nippon Electric Glass Co., Ltd. should be less than 10%
- 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.
87.05%
582.82
42.99%
Japan Nikkei 225
85.83%
3.09
27.80%
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%
Valuation Key Factors 
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%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
Technical Movement
6What is working for the Company
ROCE(HY)
Highest at 6.87%
NET PROFIT(9M)
Higher at JPY 27,569.21 MM
-9What is not working for the Company
INTEREST(HY)
At JPY 790 MM has Grown at 34.58%
OPERATING PROFIT(Q)
Lowest at JPY 12,847 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 17.11 %
Here's what is working for Nippon Electric Glass Co., Ltd.
Net Profit
At JPY 27,569.21 MM has Grown at 118.05%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (JPY MM)
Net Profit
Higher at JPY 27,569.21 MM
than preceding 12 month period ended Mar 2026MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (JPY MM)
Here's what is not working for Nippon Electric Glass Co., Ltd.
Interest
At JPY 790 MM has Grown at 34.58%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Operating Profit
Lowest at JPY 12,847 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (JPY MM)
Operating Profit Margin
Lowest at 17.11 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales






