Nitto Denko Corp Stock Fundamentals
| NDEKY Stock | USD 39.20 0.30 0.76% |
Nitto Denko Corp fundamentals help investors to digest information that contributes to Nitto Denko's financial success or failures. It also enables traders to predict the movement of Nitto Pink Sheet. The fundamental analysis module provides a way to measure Nitto Denko's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nitto Denko pink sheet.
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Nitto Denko Corp Company Return On Equity Analysis
Nitto Denko's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nitto Denko Return On Equity | 0.14 |
Most of Nitto Denko's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nitto Denko Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Nitto Denko Corp has a Return On Equity of 0.1376. This is 84.88% lower than that of the Basic Materials sector and 97.66% lower than that of the Specialty Chemicals industry. The return on equity for all United States stocks is 144.39% lower than that of the firm.
Nitto Denko Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nitto Denko's current stock value. Our valuation model uses many indicators to compare Nitto Denko value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nitto Denko competition to find correlations between indicators driving Nitto Denko's intrinsic value. More Info.Nitto Denko Corp is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies reporting about 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nitto Denko Corp is roughly 1.55 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nitto Denko by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nitto Denko's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nitto Denko's earnings, one of the primary drivers of an investment's value.Nitto Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nitto Denko's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Nitto Denko could also be used in its relative valuation, which is a method of valuing Nitto Denko by comparing valuation metrics of similar companies.Nitto Denko is currently under evaluation in return on equity category among related companies.
Nitto Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0886 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 6.97 B | |||
| Shares Outstanding | 296.03 M | |||
| Shares Owned By Institutions | 0.02 % | |||
| Price To Earning | 14.44 X | |||
| Price To Book | 1.39 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 853.45 B | |||
| Gross Profit | 302.39 B | |||
| EBITDA | 183.87 B | |||
| Net Income | 97.13 B | |||
| Cash And Equivalents | 286.8 B | |||
| Cash Per Share | 968.65 X | |||
| Total Debt | 255 M | |||
| Current Ratio | 3.24 X | |||
| Book Value Per Share | 3,028 X | |||
| Cash Flow From Operations | 144.49 B | |||
| Earnings Per Share | 2.78 X | |||
| Number Of Employees | 25.96 K | |||
| Beta | 1.1 | |||
| Market Capitalization | 9.43 B | |||
| Total Asset | 1.09 T | |||
| Retained Earnings | 568.57 B | |||
| Working Capital | 334.09 B | |||
| Current Asset | 494.85 B | |||
| Current Liabilities | 160.76 B | |||
| Z Score | 21.6 | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 2.65 % | |||
| Net Asset | 1.09 T | |||
| Last Dividend Paid | 230.0 |
About Nitto Denko Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nitto Denko Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nitto Denko using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nitto Denko Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan and internationally. Nitto Denko Corporation was incorporated in 1918 and is headquartered in Osaka, Japan. Nitto Denko operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 25961 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nitto Denko in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nitto Denko's short interest history, or implied volatility extrapolated from Nitto Denko options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nitto Denko Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Nitto Pink Sheet analysis
When running Nitto Denko's price analysis, check to measure Nitto Denko's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nitto Denko is operating at the current time. Most of Nitto Denko's value examination focuses on studying past and present price action to predict the probability of Nitto Denko's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nitto Denko's price. Additionally, you may evaluate how the addition of Nitto Denko to your portfolios can decrease your overall portfolio volatility.
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