Noritz Corporation Logo

Noritz Corporation

5943.T

(2.2)
Stock Price

1.861,00 JPY

1.54% ROA

0.72% ROE

22.74x PER

Market Cap.

71.315.689.090,00 JPY

2.9% DER

3.43% Yield

0.43% NPM

Noritz Corporation Stock Analysis

Noritz 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.

Noritz Corporation Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.58x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a low debt to equity ratio (3%), which means it has a small amount of debt compared to the ownership it holds

3 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

4 ROE

ROE in an average range (4.55%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (2.61%) 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 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

7 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.

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (-49.124), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

Noritz 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.

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

Noritz 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.

Noritz Corporation Revenue
Year Revenue Growth
2005 176.047.000.000
2006 182.076.000.000 3.31%
2007 180.017.000.000 -1.14%
2008 181.254.000.000 0.68%
2009 169.350.000.000 -7.03%
2010 175.067.000.000 3.27%
2011 184.353.000.000 5.04%
2012 187.061.000.000 1.45%
2013 200.327.000.000 6.62%
2014 218.943.000.000 8.5%
2015 218.909.000.000 -0.02%
2016 211.872.000.000 -3.32%
2017 214.648.000.000 1.29%
2018 209.868.000.000 -2.28%
2019 208.396.000.000 -0.71%
2020 183.859.000.000 -13.35%
2021 178.142.000.000 -3.21%
2022 210.966.000.000 15.56%
2023 180.204.000.000 -17.07%
2023 201.891.000.000 10.74%

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.

Noritz Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 5.366.000.000 100%
2013 5.427.000.000 1.12%
2014 6.089.000.000 10.87%
2015 6.088.000.000 -0.02%
2016 5.795.000.000 -5.06%
2017 5.554.000.000 -4.34%
2018 5.638.000.000 1.49%
2019 5.398.000.000 -4.45%
2020 4.714.000.000 -14.51%
2021 4.522.000.000 -4.25%
2022 4.365.000.000 -3.6%
2023 0 0%
2023 4.444.000.000 100%

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.

Noritz Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 39.904.000.000 100%
2013 44.155.000.000 9.63%
2014 54.324.000.000 18.72%
2015 46.939.000.000 -15.73%
2016 41.916.000.000 -11.98%
2017 44.583.000.000 5.98%
2018 43.008.000.000 -3.66%
2019 43.656.000.000 1.48%
2020 36.940.000.000 -18.18%
2021 37.820.000.000 2.33%
2022 40.946.000.000 7.63%
2023 0 0%
2023 42.528.000.000 100%

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.

Noritz Corporation EBITDA
Year EBITDA Growth
2005 14.126.000.000
2006 12.330.000.000 -14.57%
2007 9.033.000.000 -36.5%
2008 9.817.000.000 7.99%
2009 10.915.000.000 10.06%
2010 13.186.000.000 17.22%
2011 14.641.000.000 9.94%
2012 15.750.000.000 7.04%
2013 17.038.000.000 7.56%
2014 16.525.000.000 -3.1%
2015 18.614.000.000 11.22%
2016 16.345.000.000 -13.88%
2017 16.293.000.000 -0.32%
2018 12.979.000.000 -25.53%
2019 11.007.000.000 -17.92%
2020 13.135.000.000 16.2%
2021 10.448.000.000 -25.72%
2022 14.886.000.000 29.81%
2023 -1.184.000.000 1357.26%
2023 11.596.000.000 110.21%

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.

Noritz Corporation Gross Profit
Year Gross Profit Growth
2005 53.349.000.000
2006 53.898.000.000 1.02%
2007 52.769.000.000 -2.14%
2008 51.489.000.000 -2.49%
2009 49.441.000.000 -4.14%
2010 53.932.000.000 8.33%
2011 54.425.000.000 0.91%
2012 54.053.000.000 -0.69%
2013 59.554.000.000 9.24%
2014 68.344.000.000 12.86%
2015 71.366.000.000 4.23%
2016 70.374.000.000 -1.41%
2017 69.584.000.000 -1.14%
2018 66.698.000.000 -4.33%
2019 64.461.000.000 -3.47%
2020 58.005.000.000 -11.13%
2021 57.193.000.000 -1.42%
2022 67.324.000.000 15.05%
2023 57.604.000.000 -16.87%
2023 63.825.000.000 9.75%

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.

Noritz Corporation Net Profit
Year Net Profit Growth
2005 4.273.000.000
2006 2.996.000.000 -42.62%
2007 -1.208.000.000 348.01%
2008 -1.796.000.000 32.74%
2009 838.000.000 314.32%
2010 3.843.000.000 78.19%
2011 4.798.000.000 19.9%
2012 5.979.000.000 19.75%
2013 6.387.000.000 6.39%
2014 3.479.000.000 -83.59%
2015 -3.958.000.000 187.9%
2016 4.654.000.000 185.05%
2017 5.402.000.000 13.85%
2018 5.778.000.000 6.51%
2019 1.512.000.000 -282.14%
2020 -3.095.000.000 148.85%
2021 5.479.000.000 156.49%
2022 4.800.000.000 -14.15%
2023 -1.952.000.000 345.9%
2023 868.000.000 324.88%

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.

Noritz Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 87
2006 63 -38.71%
2007 -25 348%
2008 -38 32.43%
2009 18 317.65%
2010 80 78.75%
2011 100 20%
2012 125 20%
2013 134 6.02%
2014 73 -84.72%
2015 -83 187.8%
2016 97 184.54%
2017 113 13.39%
2018 121 6.67%
2019 32 -287.1%
2020 -67 146.97%
2021 119 155.46%
2022 105 -14.42%
2023 0 0%
2023 19 100%

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.

Noritz Corporation Free Cashflow
Year Free Cashflow Growth
2005 2.965.000.000
2006 2.361.000.000 -25.58%
2007 -4.936.000.000 147.83%
2008 2.938.000.000 268.01%
2009 7.890.000.000 62.76%
2010 8.369.000.000 5.72%
2011 -107.000.000 7921.5%
2012 5.640.000.000 101.9%
2013 2.542.000.000 -121.87%
2014 6.601.000.000 61.49%
2015 5.900.000.000 -11.88%
2016 10.923.000.000 45.99%
2017 -4.000.000 273175%
2018 3.547.000.000 100.11%
2019 346.000.000 -925.14%
2020 4.626.000.000 92.52%
2021 11.818.000.000 60.86%
2022 -2.033.000.000 681.31%

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.

Noritz Corporation Operating Cashflow
Year Operating Cashflow Growth
2005 8.080.000.000
2006 8.696.000.000 7.08%
2007 2.756.000.000 -215.53%
2008 7.904.000.000 65.13%
2009 12.416.000.000 36.34%
2010 12.613.000.000 1.56%
2011 1.472.000.000 -756.86%
2012 11.167.000.000 86.82%
2013 9.673.000.000 -15.45%
2014 13.476.000.000 28.22%
2015 13.116.000.000 -2.74%
2016 17.238.000.000 23.91%
2017 8.376.000.000 -105.8%
2018 9.046.000.000 7.41%
2019 6.138.000.000 -47.38%
2020 9.415.000.000 34.81%
2021 15.447.000.000 39.05%
2022 2.403.000.000 -542.82%

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.

Noritz Corporation Capital Expenditure
Year Capital Expenditure Growth
2005 5.115.000.000
2006 6.335.000.000 19.26%
2007 7.692.000.000 17.64%
2008 4.966.000.000 -54.89%
2009 4.526.000.000 -9.72%
2010 4.244.000.000 -6.64%
2011 1.579.000.000 -168.78%
2012 5.527.000.000 71.43%
2013 7.131.000.000 22.49%
2014 6.875.000.000 -3.72%
2015 7.216.000.000 4.73%
2016 6.315.000.000 -14.27%
2017 8.380.000.000 24.64%
2018 5.499.000.000 -52.39%
2019 5.792.000.000 5.06%
2020 4.789.000.000 -20.94%
2021 3.629.000.000 -31.96%
2022 4.436.000.000 18.19%

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.

Noritz Corporation Equity
Year Equity Growth
2005 89.089.000.000
2006 90.457.000.000 1.51%
2007 86.345.000.000 -4.76%
2008 79.711.000.000 -8.32%
2009 81.361.000.000 2.03%
2010 83.406.000.000 2.45%
2011 85.616.000.000 2.58%
2012 92.716.000.000 7.66%
2013 106.681.000.000 13.09%
2014 113.425.000.000 5.95%
2015 109.543.000.000 -3.54%
2016 107.372.000.000 -2.02%
2017 117.238.000.000 8.42%
2018 114.050.000.000 -2.8%
2019 114.798.000.000 0.65%
2020 110.967.000.000 -3.45%
2021 116.190.000.000 4.5%
2022 119.653.000.000 2.89%
2023 126.343.000.000 5.3%

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.

Noritz Corporation Assets
Year Assets Growth
2005 151.533.000.000
2006 155.151.000.000 2.33%
2007 156.682.000.000 0.98%
2008 145.028.000.000 -8.04%
2009 136.573.000.000 -6.19%
2010 143.845.000.000 5.06%
2011 150.837.000.000 4.64%
2012 159.910.000.000 5.67%
2013 191.324.000.000 16.42%
2014 206.061.000.000 7.15%
2015 197.022.000.000 -4.59%
2016 201.041.000.000 2%
2017 212.491.000.000 5.39%
2018 198.817.000.000 -6.88%
2019 199.305.000.000 0.24%
2020 189.726.000.000 -5.05%
2021 194.527.000.000 2.47%
2022 216.974.000.000 10.35%
2023 212.868.000.000 -1.93%

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.

Noritz Corporation Liabilities
Year Liabilities Growth
2005 60.689.000.000
2006 62.915.000.000 3.54%
2007 69.552.000.000 9.54%
2008 65.035.000.000 -6.95%
2009 55.124.000.000 -17.98%
2010 60.426.000.000 8.77%
2011 65.216.000.000 7.34%
2012 67.189.000.000 2.94%
2013 81.653.000.000 17.71%
2014 87.820.000.000 7.02%
2015 83.294.000.000 -5.43%
2016 89.568.000.000 7%
2017 90.963.000.000 1.53%
2018 84.767.000.000 -7.31%
2019 84.507.000.000 -0.31%
2020 78.759.000.000 -7.3%
2021 78.337.000.000 -0.54%
2022 97.321.000.000 19.51%
2023 86.525.000.000 -12.48%

Noritz Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
4464.37
Net Income per Share
67.99
Price to Earning Ratio
22.74x
Price To Sales Ratio
0.35x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
0.58
EV to Sales
0.23
EV Over EBITDA
9.02
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.04
FreeCashFlow Yield
0
Market Cap
71,32 Bil.
Enterprise Value
46,88 Bil.
Graham Number
2010.86
Graham NetNet
-225.28

Income Statement Metrics

Net Income per Share
67.99
Income Quality
0
ROE
0.03
Return On Assets
0
Return On Capital Employed
0.03
Net Income per EBT
0.29
EBT Per Ebit
0.79
Ebit per Revenue
0.02
Effective Tax Rate
0.61

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.32
Operating Profit Margin
0.02
Pretax Profit Margin
0.02
Net Profit Margin
0

Dividends

Dividend Yield
0.03
Dividend Yield %
3.43
Payout Ratio
0
Dividend Per Share
53

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.03
Return on Tangible Assets
0.02
Days Sales Outstanding
67.53
Days Payables Outstanding
99.35
Days of Inventory on Hand
102.87
Receivables Turnover
5.41
Payables Turnover
3.67
Inventory Turnover
3.55
Capex per Share
0

Balance Sheet

Cash per Share
607,22
Book Value per Share
2.643,22
Tangible Book Value per Share
2524.11
Shareholders Equity per Share
2643.22
Interest Debt per Share
81.84
Debt to Equity
0.03
Debt to Assets
0.02
Net Debt to EBITDA
-4.7
Current Ratio
1.73
Tangible Asset Value
116,24 Bil.
Net Current Asset Value
34,10 Bil.
Invested Capital
0.03
Working Capital
50,89 Bil.
Intangibles to Total Assets
0.05
Average Receivables
36,53 Bil.
Average Payables
39,00 Bil.
Average Inventory
38067000000
Debt to Market Cap
0.05

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.

Noritz Corporation Dividends
Year Dividends Growth
2001 15
2002 15 0%
2003 17 11.76%
2004 28 39.29%
2005 28 0%
2006 28 0%
2007 28 0%
2008 28 0%
2009 28 0%
2010 28 0%
2011 16 -75%
2012 30 46.67%
2013 30 0%
2014 32 6.25%
2015 32 0%
2016 32 0%
2017 32 0%
2018 32 0%
2019 32 0%
2020 19 -68.42%
2021 83 77.11%
2022 53 -56.6%
2023 32 -65.63%

Noritz Corporation Profile

About Noritz Corporation

Noritz Corporation engages in the development, manufacture, and sale of household appliances and equipment, and related services worldwide. The company offers heating ventilation and air conditioning (HVAC) equipment, such as water heaters, hydronic heating systems, gas fan heaters, gas co-generation systems, water tank units for use with fuel cells, solar water heaters, and industrial-use photovoltaic power generation systems. It also provides kitchen appliances, including built-in and counter-top gas stoves, gas ovens, and range hoods. In addition, the company offers product repair, installation, after-sales, and regulatory compliance and safety inspection services. Noritz Corporation was incorporated in 1951 and is headquartered in Kobe, Japan.

CEO
Mr. Satoshi Haramaki
Employee
6.569
Address
Eiko Building
Kobe, 650-0033

Noritz Corporation Executives & BODs

Noritz Corporation Executives & BODs
# Name Age
1 Mr. Satoshi Haramaki
Chief Executive Officer, President & Director
70
2 Mr. Masayuki Takenaka
Senior Managing Executive Officer, Head of Planning & Administration and Director
70
3 Mr. Kazushi Hirooka
Managing Executive Officer, Head of Marketing & Director
70
4 Mr. Masamine Hirosawa
Senior Managing Executive Officer, Head of Product Headquarters & Director
70
5 Mr. Hidenari Ikeda
Managing Executive Officer, Head of Global Headquarters & Director
70
6 Kazuhiro Takii
Senior Executive Officer
70
7 Atsushi Yoshimoto
Managing Executive Officer
70
8 Jyunya Makita
Senior Executive Officer
70

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