Nitto Denko Corporation Logo

Nitto Denko Corporation

6988.T

(3.8)
Stock Price

2.516,00 JPY

10.19% ROA

12.7% ROE

2.78x PER

Market Cap.

1.690.988.007.600,00 JPY

0.03% DER

6.45% Yield

12.93% NPM

Nitto Denko Corporation Stock Analysis

Nitto Denko 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.

Nitto Denko Corporation Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

2 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 Net Profit Growth

The net profit of this company has steadily increased over the last five years, showcasing a favorable financial performance and making it an enticing option for investors seeking growth potential.

4 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

5 Dividend Growth

With a history of consistent dividend increases over the last five years, the company has proven to be a reliable choice for investors seeking steady income.

6 ROE

The stock's ROE falls within an average range (8.09%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

7 ROA

The stock's ROA (6.79%) 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.

8 PBV

The stock's PBV ratio (1.77x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

9 Dividend

The company's consistent dividend payments over the past three years indicate a strong commitment to delivering returns to investors.

10 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (127.066), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

11 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

Nitto Denko 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.

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

Nitto Denko 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.

Nitto Denko Corporation Revenue
Year Revenue Growth
2004 514.867.000.000
2005 626.316.000.000 17.79%
2006 679.822.000.000 7.87%
2007 745.259.000.000 8.78%
2008 577.922.000.000 -28.95%
2009 601.859.000.000 3.98%
2010 638.556.000.000 5.75%
2011 607.639.000.000 -5.09%
2012 675.614.000.000 10.06%
2013 749.835.000.000 9.9%
2014 825.243.000.000 9.14%
2015 793.054.000.000 -4.06%
2016 767.710.000.000 -3.3%
2017 856.262.000.000 10.34%
2018 806.495.000.000 -6.17%
2019 741.018.000.000 -8.84%
2020 761.321.000.000 2.67%
2021 853.448.000.000 10.79%
2022 929.036.000.000 8.14%
2023 963.552.000.000 3.58%
2023 915.139.000.000 -5.29%
2024 997.240.000.000 8.23%

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.

Nitto Denko 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 27.573.000.000 100%
2013 28.573.000.000 3.5%
2014 28.240.000.000 -1.18%
2015 32.120.000.000 12.08%
2016 30.366.000.000 -5.78%
2017 31.243.000.000 2.81%
2018 31.990.000.000 2.34%
2019 33.765.000.000 5.26%
2020 35.261.000.000 4.24%
2021 37.271.000.000 5.39%
2022 40.175.000.000 7.23%
2023 44.020.000.000 8.73%
2023 43.485.000.000 -1.23%
2024 44.492.000.000 2.26%

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.

Nitto Denko Corporation General and Administrative Expenses
Year General and Administrative 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 99.690.000.000 100%
2013 113.241.000.000 11.97%
2014 114.939.000.000 1.48%
2015 115.040.000.000 0.09%
2016 109.317.000.000 -5.24%
2017 118.421.000.000 7.69%
2018 120.576.000.000 1.79%
2019 111.368.000.000 -8.27%
2020 107.722.000.000 -3.38%
2021 129.625.000.000 16.9%
2022 145.436.000.000 10.87%
2023 143.808.000.000 -1.13%
2023 146.143.000.000 1.6%
2024 0 0%

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.

Nitto Denko Corporation EBITDA
Year EBITDA Growth
2004 97.506.000.000
2005 121.901.000.000 20.01%
2006 109.136.000.000 -11.7%
2007 125.820.000.000 13.26%
2008 66.641.000.000 -88.8%
2009 104.992.000.000 36.53%
2010 126.114.000.000 16.75%
2011 96.147.000.000 -31.17%
2012 105.411.000.000 8.79%
2013 116.012.000.000 9.14%
2014 152.630.000.000 23.99%
2015 152.060.000.000 -0.37%
2016 142.195.000.000 -6.94%
2017 176.203.000.000 19.3%
2018 139.731.000.000 -26.1%
2019 120.023.000.000 -16.42%
2020 142.343.000.000 15.68%
2021 183.973.000.000 22.63%
2022 206.138.000.000 10.75%
2023 231.064.000.000 10.79%
2023 202.042.000.000 -14.36%
2024 266.152.000.000 24.09%

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.

Nitto Denko Corporation Gross Profit
Year Gross Profit Growth
2004 158.987.000.000
2005 195.535.000.000 18.69%
2006 183.461.000.000 -6.58%
2007 196.708.000.000 6.73%
2008 122.159.000.000 -61.03%
2009 161.145.000.000 24.19%
2010 194.519.000.000 17.16%
2011 167.701.000.000 -15.99%
2012 191.430.000.000 12.4%
2013 210.784.000.000 9.18%
2014 246.234.000.000 14.4%
2015 244.700.000.000 -0.63%
2016 239.118.000.000 -2.33%
2017 281.383.000.000 15.02%
2018 241.887.000.000 -16.33%
2019 221.928.000.000 -8.99%
2020 243.449.000.000 8.84%
2021 302.389.000.000 19.49%
2022 337.444.000.000 10.39%
2023 365.112.000.000 7.58%
2023 330.859.000.000 -10.35%
2024 393.844.000.000 15.99%

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.

Nitto Denko Corporation Net Profit
Year Net Profit Growth
2004 41.842.000.000
2005 55.306.000.000 24.34%
2006 41.201.000.000 -34.23%
2007 46.634.000.000 11.65%
2008 267.000.000 -17365.92%
2009 37.570.000.000 99.29%
2010 55.743.000.000 32.6%
2011 31.066.000.000 -79.43%
2012 43.840.000.000 29.14%
2013 51.018.000.000 14.07%
2014 77.876.000.000 34.49%
2015 81.683.000.000 4.66%
2016 63.453.000.000 -28.73%
2017 87.377.000.000 27.38%
2018 66.560.000.000 -31.28%
2019 47.156.000.000 -41.15%
2020 70.235.000.000 32.86%
2021 97.132.000.000 27.69%
2022 109.173.000.000 11.03%
2023 116.192.000.000 6.04%
2023 102.679.000.000 -13.16%
2024 144.512.000.000 28.95%

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.

Nitto Denko Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 253
2005 332 24.1%
2006 248 -33.87%
2007 280 11.43%
2008 2 -27900%
2009 226 99.56%
2010 337 33.23%
2011 189 -79.26%
2012 265 29.06%
2013 315 15.61%
2014 472 33.33%
2015 495 4.85%
2016 391 -26.92%
2017 539 27.51%
2018 424 -27.19%
2019 301 -40.53%
2020 473 36.23%
2021 656 28.05%
2022 739 11.11%
2023 815 9.45%
2023 720 -13.35%
2024 1.029 30.13%

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.

Nitto Denko Corporation Free Cashflow
Year Free Cashflow Growth
2004 8.474.000.000
2005 26.368.000.000 67.86%
2006 -14.684.000.000 279.57%
2007 101.595.000.000 114.45%
2008 51.290.000.000 -98.08%
2009 102.498.000.000 49.96%
2010 97.060.000.000 -5.6%
2011 58.492.000.000 -65.94%
2012 68.767.000.000 14.94%
2013 4.036.000.000 -1603.84%
2014 66.152.000.000 93.9%
2015 77.611.000.000 14.76%
2016 76.761.000.000 -1.11%
2017 74.085.000.000 -3.61%
2018 38.941.000.000 -90.25%
2019 63.844.000.000 39.01%
2020 58.585.000.000 -8.98%
2021 85.531.000.000 31.5%
2022 115.781.000.000 26.13%
2023 87.747.000.000 -31.95%
2023 21.492.000.000 -308.28%
2024 8.897.000.000 -141.56%

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.

Nitto Denko Corporation Operating Cashflow
Year Operating Cashflow Growth
2004 56.067.000.000
2005 84.525.000.000 33.67%
2006 63.032.000.000 -34.1%
2007 101.595.000.000 37.96%
2008 51.290.000.000 -98.08%
2009 102.498.000.000 49.96%
2010 97.060.000.000 -5.6%
2011 58.492.000.000 -65.94%
2012 68.152.000.000 14.17%
2013 78.286.000.000 12.94%
2014 119.481.000.000 34.48%
2015 140.658.000.000 15.06%
2016 119.939.000.000 -17.27%
2017 122.551.000.000 2.13%
2018 98.569.000.000 -24.33%
2019 123.641.000.000 20.28%
2020 116.309.000.000 -6.3%
2021 144.489.000.000 19.5%
2022 181.702.000.000 20.48%
2023 155.521.000.000 -16.83%
2023 37.101.000.000 -319.18%
2024 31.559.000.000 -17.56%

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.

Nitto Denko Corporation Capital Expenditure
Year Capital Expenditure Growth
2004 47.593.000.000
2005 58.157.000.000 18.16%
2006 77.716.000.000 25.17%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 -615.000.000 100%
2013 74.250.000.000 100.83%
2014 53.329.000.000 -39.23%
2015 63.047.000.000 15.41%
2016 43.178.000.000 -46.02%
2017 48.466.000.000 10.91%
2018 59.628.000.000 18.72%
2019 59.797.000.000 0.28%
2020 57.724.000.000 -3.59%
2021 58.958.000.000 2.09%
2022 65.921.000.000 10.56%
2023 67.774.000.000 2.73%
2023 15.609.000.000 -334.2%
2024 22.662.000.000 31.12%

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.

Nitto Denko Corporation Equity
Year Equity Growth
2004 271.357.000.000
2005 334.206.000.000 18.81%
2006 367.610.000.000 9.09%
2007 385.593.000.000 4.66%
2008 361.130.000.000 -6.77%
2009 388.724.000.000 7.1%
2010 419.673.000.000 7.37%
2011 435.935.000.000 3.73%
2012 491.627.000.000 11.33%
2013 527.297.000.000 6.76%
2014 615.776.000.000 14.37%
2015 617.890.000.000 0.34%
2016 654.420.000.000 5.58%
2017 693.994.000.000 5.7%
2018 701.187.000.000 1.03%
2019 690.203.000.000 -1.59%
2020 716.685.000.000 3.7%
2021 822.105.000.000 12.82%
2022 903.194.000.000 8.98%
2023 985.048.000.000 8.31%
2023 944.578.000.000 -4.28%
2024 1.022.557.000.000 7.63%

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.

Nitto Denko Corporation Assets
Year Assets Growth
2004 443.264.000.000
2005 556.934.000.000 20.41%
2006 604.208.000.000 7.82%
2007 595.972.000.000 -1.38%
2008 558.258.000.000 -6.76%
2009 624.992.000.000 10.68%
2010 653.961.000.000 4.43%
2011 651.908.000.000 -0.31%
2012 741.472.000.000 12.08%
2013 781.350.000.000 5.1%
2014 855.433.000.000 8.66%
2015 825.905.000.000 -3.58%
2016 879.899.000.000 6.14%
2017 937.796.000.000 6.17%
2018 913.418.000.000 -2.67%
2019 921.900.000.000 0.92%
2020 965.901.000.000 4.56%
2021 1.094.469.000.000 11.75%
2022 1.153.647.000.000 5.13%
2023 1.251.087.000.000 7.79%
2023 1.205.290.000.000 -3.8%
2024 1.304.340.000.000 7.59%

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.

Nitto Denko Corporation Liabilities
Year Liabilities Growth
2004 171.907.000.000
2005 222.728.000.000 22.82%
2006 236.598.000.000 5.86%
2007 210.379.000.000 -12.46%
2008 197.128.000.000 -6.72%
2009 236.268.000.000 16.57%
2010 234.288.000.000 -0.85%
2011 215.973.000.000 -8.48%
2012 249.845.000.000 13.56%
2013 254.053.000.000 1.66%
2014 239.657.000.000 -6.01%
2015 208.015.000.000 -15.21%
2016 225.479.000.000 7.75%
2017 243.802.000.000 7.52%
2018 212.231.000.000 -14.88%
2019 231.697.000.000 8.4%
2020 249.216.000.000 7.03%
2021 272.364.000.000 8.5%
2022 250.453.000.000 -8.75%
2023 266.035.000.000 5.86%
2023 260.712.000.000 -2.04%
2024 222.314.000.000 -17.27%

Nitto Denko Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6805.05
Net Income per Share
880.1
Price to Earning Ratio
2.78x
Price To Sales Ratio
1.77x
POCF Ratio
1.96
PFCF Ratio
16.6
Price to Book Ratio
0.34
EV to Sales
1.44
EV Over EBITDA
5.92
EV to Operating CashFlow
7.84
EV to FreeCashFlow
13.5
Earnings Yield
0.36
FreeCashFlow Yield
0.06
Market Cap
1.690,99 Bil.
Enterprise Value
1.375,54 Bil.
Graham Number
11999.71
Graham NetNet
2490.72

Income Statement Metrics

Net Income per Share
880.1
Income Quality
1.19
ROE
0.13
Return On Assets
0.09
Return On Capital Employed
0.16
Net Income per EBT
0.74
EBT Per Ebit
0.99
Ebit per Revenue
0.18
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0.12
Research & Developement to Revenue
0.05
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.38
Operating Profit Margin
0.18
Pretax Profit Margin
0.18
Net Profit Margin
0.13

Dividends

Dividend Yield
0.06
Dividend Yield %
6.45
Payout Ratio
0.3
Dividend Per Share
158

Operating Metrics

Operating Cashflow per Share
1249.34
Free CashFlow per Share
725.07
Capex to Operating CashFlow
0.42
Capex to Revenue
0.08
Capex to Depreciation
1.19
Return on Invested Capital
0.12
Return on Tangible Assets
0.1
Days Sales Outstanding
89.09
Days Payables Outstanding
65.36
Days of Inventory on Hand
89.86
Receivables Turnover
4.1
Payables Turnover
5.58
Inventory Turnover
4.06
Capex per Share
524.27

Balance Sheet

Cash per Share
2.308,07
Book Value per Share
7.702,19
Tangible Book Value per Share
7057.06
Shareholders Equity per Share
7271.55
Interest Debt per Share
15.17
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
-1.36
Current Ratio
3.32
Tangible Asset Value
991,40 Bil.
Net Current Asset Value
516,43 Bil.
Invested Capital
1026882000000
Working Capital
516,43 Bil.
Intangibles to Total Assets
0.07
Average Receivables
221,34 Bil.
Average Payables
102,56 Bil.
Average Inventory
141370000000
Debt to Market Cap
0

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.

Nitto Denko Corporation Dividends
Year Dividends Growth
2001 22
2002 22 0%
2003 30 26.67%
2004 48 37.5%
2005 55 12.73%
2006 65 15.38%
2007 75 13.33%
2008 80 6.25%
2009 60 -33.33%
2010 60 0%
2011 100 40%
2012 100 0%
2013 100 0%
2014 105 4.76%
2015 135 22.22%
2016 145 6.9%
2017 155 6.45%
2018 170 8.82%
2019 190 10.53%
2020 200 5%
2021 210 4.76%
2022 230 8.7%
2023 250 8%
2024 270 7.41%
2025 0 0%

Nitto Denko Corporation Profile

About Nitto Denko Corporation

Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan and internationally. It provides double sided tapes, surface protective films, sealing materials/NVH related products, masking tapes, membranes, FPD/touch panel related products, gasket materials, semiconductor manufacturing process products, flexible printed circuit boards, porous films/breathable materials, and packaging tapes. The company also offers functional thermal transfer systems, such as labels, barcode label printers, and label printing software; tapes for electrical and electronic equipment; dust removal products for clean rooms; fluoroplastic sheets and tapes, and fluoroplastic porous films; and materials for housing and construction, as well as packaging machines. In addition, it provides medical products, including transdermal therapeutic systems, athletic tapes, medical adhesive tapes for wearable devices and body sensors, adhesive tapes, and particles for nucleic acid synthesis. The company offers its products to automotive and transportation, housing/housing equipment, infrastructure, material, home appliance and electrical, display, electronic device, medical, packaging, and consumer/personal care industries. Nitto Denko Corporation was incorporated in 1918 and is headquartered in Osaka, Japan.

CEO
Mr. Hideo Takasaki
Employee
25.300
Address
Grand Front Osaka
Osaka, 530-0011

Nitto Denko Corporation Executives & BODs

Nitto Denko Corporation Executives & BODs
# Name Age
1 Mr. Yosuke Miki
Senior EVice President, Chief Technology Officer, GM of Corporate Technology Sector & Director
70
2 Mr. Yasuhito Ohwaki
Senior EVice President, CHRO, GM of Corporate Human Resources Division & Director
70
3 Yasuhiro Hayashi
Senior Vice President and GM of Legal & Compliance Division
70
4 Mr. Seiji Fujioka
Executive Vice President. GM of South Asia, India, & Oceania Rep Direc, Nitto Denko (Singapore) Pte.Ltd.
70
5 Mr. Atsushi Ukon
Senior Vice President
70
6 Kazuki Tsuchimoto
Executive Vice President & GM of Production Division
70
7 Naoki Makino
Vice President & GM of Sales Management Division
70
8 Bae-Won Lee
Senior Vice President & GM of South Korea
70
9 Mr. Yasuhiro Iseyama
Senior EVice President, Chief Financial Officer, GM of Corporate Accounting, Finance Division & Export Control Center and Direct
70
10 Mr. Hideo Takasaki
Chief Executive Officer, President, Chief Operating Officer & Chairperson
70

Nitto Denko Corporation Competitors