Nichias Corporation Logo

Nichias Corporation

5393.T

(3.0)
Stock Price

5.380,00 JPY

8.4% ROA

13.04% ROE

9.76x PER

Market Cap.

225.196.461.000,00 JPY

12.7% DER

2.77% Yield

9.59% NPM

Nichias Corporation Stock Analysis

Nichias Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Nichias Corporation Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (15%), which means it has a small amount of debt compared to the ownership it holds

2 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

3 Dividend Growth

The company's dividend growth has consistently increased every year in the last five years, indicating a strong track record of positive returns for investors.

4 ROE

ROE in an average range (13.35%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (8.99%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 PBV

The stock's PBV ratio (1.3x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

7 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

8 Dividend

The company has consistently provided dividends over the past three years, indicating a reliable source of income for investors.

9 Buffet Intrinsic Value

The company's stock seems undervalued (40.020) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

10 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

11 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

Nichias Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Nichias Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Nichias Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Nichias Corporation Revenue
Year Revenue Growth
2004 120.333.000.000
2005 139.543.000.000 13.77%
2006 164.702.000.000 15.28%
2007 169.649.000.000 2.92%
2008 149.210.000.000 -13.7%
2009 128.069.000.000 -16.51%
2010 144.137.000.000 11.15%
2011 144.257.000.000 0.08%
2012 137.007.000.000 -5.29%
2013 147.118.000.000 6.87%
2014 158.938.000.000 7.44%
2015 170.429.000.000 6.74%
2016 180.362.000.000 5.51%
2017 197.495.000.000 8.68%
2018 215.495.000.000 8.35%
2019 208.876.000.000 -3.17%
2020 196.371.000.000 -6.37%
2021 216.236.000.000 9.19%
2022 238.116.000.000 9.19%
2023 243.432.000.000 2.18%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Nichias Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 5.976.000.000 100%
2019 6.132.000.000 2.54%
2020 6.168.000.000 0.58%
2021 6.110.000.000 -0.95%
2022 5.715.000.000 -6.91%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Nichias Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 11.297.000.000
2005 13.217.000.000 14.53%
2006 15.236.000.000 13.25%
2007 14.741.000.000 -3.36%
2008 14.873.000.000 0.89%
2009 13.631.000.000 -9.11%
2010 13.986.000.000 2.54%
2011 14.109.000.000 0.87%
2012 13.895.000.000 -1.54%
2013 14.536.000.000 4.41%
2014 15.732.000.000 7.6%
2015 16.260.000.000 3.25%
2016 17.521.000.000 7.2%
2017 18.331.000.000 4.42%
2018 19.371.000.000 5.37%
2019 19.043.000.000 -1.72%
2020 18.253.000.000 -4.33%
2021 18.888.000.000 3.36%
2022 19.167.000.000 1.46%
2023 19.880.000.000 3.59%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Nichias Corporation EBITDA
Year EBITDA Growth
2004 12.839.000.000
2005 14.585.000.000 11.97%
2006 19.006.000.000 23.26%
2007 19.343.000.000 1.74%
2008 11.711.000.000 -65.17%
2009 11.390.000.000 -2.82%
2010 15.523.000.000 26.63%
2011 14.969.000.000 -3.7%
2012 13.413.000.000 -11.6%
2013 15.151.000.000 11.47%
2014 17.784.000.000 14.81%
2015 20.269.000.000 12.26%
2016 23.907.000.000 15.22%
2017 26.752.000.000 10.63%
2018 29.070.000.000 7.97%
2019 27.558.000.000 -5.49%
2020 27.775.000.000 0.78%
2021 36.211.000.000 23.3%
2022 40.314.000.000 10.18%
2023 44.720.000.000 9.85%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Nichias Corporation Gross Profit
Year Gross Profit Growth
2004 26.590.000.000
2005 30.341.000.000 12.36%
2006 36.810.000.000 17.57%
2007 36.403.000.000 -1.12%
2008 28.476.000.000 -27.84%
2009 25.839.000.000 -10.21%
2010 31.242.000.000 17.29%
2011 31.348.000.000 0.34%
2012 29.522.000.000 -6.19%
2013 31.868.000.000 7.36%
2014 34.409.000.000 7.38%
2015 39.158.000.000 12.13%
2016 45.017.000.000 13.02%
2017 47.950.000.000 6.12%
2018 50.627.000.000 5.29%
2019 48.158.000.000 -5.13%
2020 46.064.000.000 -4.55%
2021 53.380.000.000 13.71%
2022 58.010.000.000 7.98%
2023 60.424.000.000 4%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Nichias Corporation Net Profit
Year Net Profit Growth
2004 5.353.000.000
2005 5.411.000.000 1.07%
2006 7.625.000.000 29.04%
2007 -11.856.000.000 164.31%
2008 428.000.000 2870.09%
2009 8.335.000.000 94.87%
2010 7.234.000.000 -15.22%
2011 6.914.000.000 -4.63%
2012 5.936.000.000 -16.48%
2013 6.317.000.000 6.03%
2014 7.532.000.000 16.13%
2015 6.669.000.000 -12.94%
2016 13.409.000.000 50.26%
2017 14.956.000.000 10.34%
2018 15.861.000.000 5.71%
2019 14.674.000.000 -8.09%
2020 10.715.000.000 -36.95%
2021 22.034.000.000 51.37%
2022 21.398.000.000 -2.97%
2023 26.500.000.000 19.25%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Nichias Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 92
2005 91 -1.11%
2006 128 29.69%
2007 -199 164.32%
2008 7 2942.86%
2009 140 95%
2010 122 -15.7%
2011 116 -4.31%
2012 100 -17.17%
2013 106 5.71%
2014 126 16%
2015 104 -21.36%
2016 201 48.5%
2017 223 9.91%
2018 239 6.72%
2019 221 -7.69%
2020 162 -37.27%
2021 332 51.51%
2022 323 -3.11%
2023 399 19.3%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Nichias Corporation Free Cashflow
Year Free Cashflow Growth
2004 2.910.000.000
2005 4.534.000.000 35.82%
2006 8.387.000.000 45.94%
2007 -4.674.000.000 279.44%
2008 -9.314.000.000 49.82%
2009 10.815.000.000 186.12%
2010 9.275.000.000 -16.6%
2011 1.679.000.000 -452.41%
2012 4.841.000.000 65.32%
2013 -2.949.000.000 264.16%
2014 5.031.000.000 158.62%
2015 9.156.000.000 45.05%
2016 16.076.000.000 43.05%
2017 5.582.000.000 -188%
2018 3.925.000.000 -42.22%
2019 10.256.000.000 61.73%
2020 10.385.000.000 1.24%
2021 15.472.000.000 32.88%
2022 10.021.000.000 -54.4%
2023 -1.515.000.000 761.45%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Nichias Corporation Operating Cashflow
Year Operating Cashflow Growth
2004 7.474.000.000
2005 10.405.000.000 28.17%
2006 13.171.000.000 21%
2007 2.110.000.000 -524.22%
2008 -3.328.000.000 163.4%
2009 12.884.000.000 125.83%
2010 13.363.000.000 3.58%
2011 5.903.000.000 -126.38%
2012 11.076.000.000 46.7%
2013 4.636.000.000 -138.91%
2014 8.571.000.000 45.91%
2015 13.424.000.000 36.15%
2016 24.798.000.000 45.87%
2017 18.122.000.000 -36.84%
2018 15.833.000.000 -14.46%
2019 20.094.000.000 21.21%
2020 18.683.000.000 -7.55%
2021 25.073.000.000 25.49%
2022 18.650.000.000 -34.44%
2023 1.301.000.000 -1333.51%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Nichias Corporation Capital Expenditure
Year Capital Expenditure Growth
2004 4.564.000.000
2005 5.871.000.000 22.26%
2006 4.784.000.000 -22.72%
2007 6.784.000.000 29.48%
2008 5.986.000.000 -13.33%
2009 2.069.000.000 -189.32%
2010 4.088.000.000 49.39%
2011 4.224.000.000 3.22%
2012 6.235.000.000 32.25%
2013 7.585.000.000 17.8%
2014 3.540.000.000 -114.27%
2015 4.268.000.000 17.06%
2016 8.722.000.000 51.07%
2017 12.540.000.000 30.45%
2018 11.908.000.000 -5.31%
2019 9.838.000.000 -21.04%
2020 8.298.000.000 -18.56%
2021 9.601.000.000 13.57%
2022 8.629.000.000 -11.26%
2023 2.816.000.000 -206.43%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Nichias Corporation Equity
Year Equity Growth
2004 37.050.000.000
2005 44.246.000.000 16.26%
2006 50.755.000.000 12.82%
2007 36.509.000.000 -39.02%
2008 33.814.000.000 -7.97%
2009 43.719.000.000 22.66%
2010 49.022.000.000 10.82%
2011 54.384.000.000 9.86%
2012 61.322.000.000 11.31%
2013 67.275.000.000 8.85%
2014 78.129.000.000 13.89%
2015 84.879.000.000 7.95%
2016 97.367.000.000 12.83%
2017 109.704.000.000 11.25%
2018 117.774.000.000 6.85%
2019 127.233.000.000 7.43%
2020 136.450.000.000 6.75%
2021 155.520.000.000 12.26%
2022 173.740.000.000 10.49%
2023 187.030.000.000 7.11%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Nichias Corporation Assets
Year Assets Growth
2004 101.265.000.000
2005 119.840.000.000 15.5%
2006 130.116.000.000 7.9%
2007 149.533.000.000 12.99%
2008 137.708.000.000 -8.59%
2009 127.215.000.000 -8.25%
2010 123.474.000.000 -3.03%
2011 125.601.000.000 1.69%
2012 135.401.000.000 7.24%
2013 141.311.000.000 4.18%
2014 156.234.000.000 9.55%
2015 154.922.000.000 -0.85%
2016 175.999.000.000 11.98%
2017 197.839.000.000 11.04%
2018 206.426.000.000 4.16%
2019 208.076.000.000 0.79%
2020 219.602.000.000 5.25%
2021 246.924.000.000 11.06%
2022 266.907.000.000 7.49%
2023 276.253.000.000 3.38%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Nichias Corporation Liabilities
Year Liabilities Growth
2004 63.632.000.000
2005 74.833.000.000 14.97%
2006 78.608.000.000 4.8%
2007 112.067.000.000 29.86%
2008 102.953.000.000 -8.85%
2009 82.416.000.000 -24.92%
2010 73.480.000.000 -12.16%
2011 70.360.000.000 -4.43%
2012 73.103.000.000 3.75%
2013 73.357.000.000 0.35%
2014 77.344.000.000 5.15%
2015 69.257.000.000 -11.68%
2016 78.109.000.000 11.33%
2017 88.135.000.000 11.38%
2018 88.652.000.000 0.58%
2019 80.843.000.000 -9.66%
2020 83.152.000.000 2.78%
2021 91.404.000.000 9.03%
2022 93.167.000.000 1.89%
2023 89.223.000.000 -4.42%

Nichias Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
3687.77
Net Income per Share
347.71
Price to Earning Ratio
9.76x
Price To Sales Ratio
0.92x
POCF Ratio
12.26
PFCF Ratio
28.17
Price to Book Ratio
1.21
EV to Sales
0.79
EV Over EBITDA
4.48
EV to Operating CashFlow
10.46
EV to FreeCashFlow
24.03
Earnings Yield
0.1
FreeCashFlow Yield
0.04
Market Cap
225,20 Bil.
Enterprise Value
192,11 Bil.
Graham Number
4681.64
Graham NetNet
590.12

Income Statement Metrics

Net Income per Share
347.71
Income Quality
0.56
ROE
0.13
Return On Assets
0.08
Return On Capital Employed
0.17
Net Income per EBT
0.69
EBT Per Ebit
1.01
Ebit per Revenue
0.14
Effective Tax Rate
0.3

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.26
Operating Profit Margin
0.14
Pretax Profit Margin
0.14
Net Profit Margin
0.1

Dividends

Dividend Yield
0.03
Dividend Yield %
2.77
Payout Ratio
0.26
Dividend Per Share
94

Operating Metrics

Operating Cashflow per Share
276.83
Free CashFlow per Share
120.5
Capex to Operating CashFlow
-0.56
Capex to Revenue
-0.04
Capex to Depreciation
-1.36
Return on Invested Capital
0.11
Return on Tangible Assets
0.08
Days Sales Outstanding
107.63
Days Payables Outstanding
45.75
Days of Inventory on Hand
94.71
Receivables Turnover
3.39
Payables Turnover
7.98
Inventory Turnover
3.85
Capex per Share
-156.33

Balance Sheet

Cash per Share
760,50
Book Value per Share
2.801,51
Tangible Book Value per Share
2794.7
Shareholders Equity per Share
2801.51
Interest Debt per Share
358.51
Debt to Equity
0.13
Debt to Assets
0.09
Net Debt to EBITDA
-0.77
Current Ratio
2.34
Tangible Asset Value
185,40 Bil.
Net Current Asset Value
90,61 Bil.
Invested Capital
0.13
Working Capital
103,14 Bil.
Intangibles to Total Assets
0.01
Average Receivables
70,70 Bil.
Average Payables
22,52 Bil.
Average Inventory
46702000000
Debt to Market Cap
0.1

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Nichias Corporation Dividends
Year Dividends Growth
2001 6
2002 5 0%
2003 5 0%
2004 8 37.5%
2005 10 20%
2006 12 16.67%
2007 9 -50%
2008 4 -100%
2010 9 55.56%
2011 13 30.77%
2012 12 -8.33%
2013 14 14.29%
2014 16 12.5%
2015 18 11.11%
2016 15 -20%
2017 28 46.43%
2018 24 -16.67%
2019 74 67.57%
2020 76 2.63%
2021 80 5%
2022 88 9.09%
2023 94 6.38%
2024 0 0%

Nichias Corporation Profile

About Nichias Corporation

Nichias Corporation manufactures and sells thermal insulation materials primarily in Japan. It operates in five segments: Energy and Industrial Plants, Industrial Products, Advanced Products, Autoparts, and Building Materials. The company offers gaskets and packings, including non-asbestos gaskets and packings, rubber type gaskets, other seal products, and peripheral function materials; and thermal insulation materials, such as fiber products, high performance thermal insulation materials, heat-insulation boards, and cryogenic insulation materials, as well as thermal insulation materials for molten aluminum. It also provides various fluoropolymer materials, processed products, and corrosion-resistant linings, as well as tubes, hoses, and bellows; filter products and environmental equipment; and auto parts comprising sealing materials, retaining parts/materials, and sound-proofing parts/materials, as well as heat-protection products, control parts, and materials. In addition, the company offers building materials for buildings and housing; and undertakes hot and cold insulation, refractory, electric heater tracing, acoustic insulation, and aerogel heat-insulation works. Further, it provides furniture sliding pads, and friction and agricultural materials. The company serves electric power and gas; waste incineration plants; chemical, petroleum refinery, and petrochemical; steel and non-ferrous metals; aluminum casting and processing; paper; building and housing construction; semiconductor and flat panel display; foods and pharmaceutical; medical equipment; electric equipment; aerospace; automobiles; ship building, maintenance, and repair; industrial equipment; and others industries. Nichias Corporation was incorporated in 1896 and is headquartered in Tokyo, Japan.

CEO
Mr. Katsumi Kametsu
Employee
6.445
Address
6-1, Hatchobori 1-chome
Tokyo, 104-8555

Nichias Corporation Executives & BODs

Nichias Corporation Executives & BODs
# Name Age
1 Yukinori Ryuko
Executive Officer, GM of Advanced Products Business Headquarters & Director
70
2 Hiroki Asada
Senior Executive Officer
70
3 Mikio Torizuka
Senior Executive Officer
70
4 Mr. Satoshi Tanabe
Managing Executive Officer, Director of Technical Division & Director
70
5 Mr. Katsumi Kametsu
President, Chief Executive Officer & Director
70
6 Mr. Hiroaki Seki
Manager of Accounting Department, Audit & Supervisory Board Member & Deputy GM of Admin. div.
70
7 Kiyoshi Sato
Executive Officer, Deputy GM of R&D Div., Chief of Hamamatsu Research Office and Director
70
8 Tsukasa Yamamoto
Senior Managing Executive Officer & Representative Director
70
9 Yuko Totsuka
Senior Executive Officer
70

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