WATCH Nippon Electric Glass Co., Ltd. (5214.T)
Technology · Electronic Components · JPX · Japan
42
Final Score
-58.8%
Margin of Safety
48
Quality Score
¥4,860
Current Price
¥358.1B
Market Cap
Key Metrics
Pe Ratio
14.25
Forward Pe
25.65
Pb Ratio
0.72
Ev Ebitda
6.24
Roe
5.5%
Gross Margin
24.4%
Operating Margin
5.7%
Net Margin
8.3%
Dividend Yield
330.0%
Debt To Equity
15.70
Current Ratio
3.00
Beta
0.40
📈 Trend Charts
Revenue Trend
EPS Trend
Net Income Trend
Free Cash Flow Trend
Intrinsic Value Estimates
Low
¥2,448
Base
¥3,061
High
¥3,673
Pipeline Stage Details
Stage A — Hard Filters ✅
Pe Ratio
14.25
Eps Positive Years
3.00
Eps Lookback
4.00
Fcf Positive Years
3.00
Fcf Lookback
4.00
Debt To Equity
0.16
Current Ratio
3.00
Dilution Cagr
-0.07
Stage B — Quality Score: 48/100
Stage C — Cyclicality: HIGH
Normalized EPS
¥135.97
Stage F — Final Score Breakdown
| Component | Weighted Score |
|---|---|
| Valuation | 3.0 |
| Earnings Quality | 11.9 |
| Balance Sheet | 18.0 |
| Stability | 4.5 |
| Moat Proxies | 4.6 |
Top Drivers
- Reasonable P/E of 14.3x — below long-run market average (~15-17x), suggesting the stock is not overpriced.
- Fortress balance sheet: D/E of 0.16x (conservative) and current ratio of 3.00x — ample liquidity and low financial risk. Graham emphasis on capital preservation.
- Strong free cash flow generation — the company converts earnings into real cash effectively, supporting dividends, buybacks, and debt reduction.
Top Risks
- Cyclical business at potentially peak earnings — if the cycle turns, earnings could drop significantly and the stock may become much less cheap than it appears today.
Financial History
| Year | Revenue | Gross Profit | Operating Income | Net Income | EPS |
|---|---|---|---|---|---|
| 2022 | ¥324.6B | ¥85.6B | ¥26.2B | ¥28.2B | ¥302.76 |
| 2023 | ¥280.0B | ¥33.2B | ¥-10.4B | ¥-26.2B | ¥-282.90 |
| 2024 | ¥299.2B | ¥54.3B | ¥6.1B | ¥12.1B | ¥141.67 |
| 2025 | ¥311.4B | ¥80.0B | ¥34.1B | ¥29.6B | ¥382.33 |
Cash Flow History
| Year | Operating CF | CapEx | Free Cash Flow |
|---|---|---|---|
| 2022 | ¥31.6B | N/A | ¥31.6B |
| 2023 | ¥-1.4B | N/A | ¥-1.4B |
| 2024 | ¥52.2B | N/A | ¥52.2B |
| 2025 | ¥52.0B | N/A | ¥52.0B |