Nitto Denko Corporation

$ 3 135.00 -1.42 %

Nitto Denko Corporation, established in 1918 and headquartered in Osaka, Japan, operates as a global enterprise with a primary focus on adhesive tapes. Its extensive product portfolio caters to a wide array of industries internationally. Offerings include various adhesive solutions like double-sided, masking, and packaging tapes, along with specialized tapes for electrical and electronic applications. The company also manufactures surface protective films, sealing materials (including NVH-related products), membranes, gasket materials, and critical components for advanced technology such as FPD/touch panel products, semiconductor manufacturing process materials, and flexible printed circuit boards. Additionally, they provide porous and breathable films, fluoroplastic sheets and films, and materials for housing and construction. Complementing these products are functional thermal transfer systems—encompassing labels, barcode printers, and software—as well as dust removal items for clean rooms and packaging machinery. In the medical field, Nitto Denko develops transdermal therapeutic systems, athletic tapes, specialized medical adhesive tapes for wearables and biosensors, and particles used in nucleic acid synthesis. These diverse products serve sectors including automotive, transportation, housing, infrastructure, materials, home appliances, electrical goods, display technology, electronic devices, healthcare, packaging, and consumer/personal care.

CEO: Hideo Takasaki - https://www.nitto.com

Price objectif

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Recommandation

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DCF

$ 4 618.84

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6988.T vs S&P500

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Quick ratio

2.83

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

15.90

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

197.19

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

12.36 %

reflects reasonable profitability, showing good use of equity.

ROIC

11.07 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

6.75

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.00

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

142.06

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

29.71 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
6 indicates moderate financial health
Altman score
6.83 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
1.59 indicates that the company has sufficient cash to cover its short-term debts
Debt Ratio
0.00 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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