NTN (6472.T) Stock Price
NTN Price
Over the last 19 years NTN grew revenue by 3.4% annually, reaching 825.59 B JPY. Earnings per share have declined at 3.9% per year over the last 18 years. For NTN, the net margin of -2.9% is broadly stable versus -2.1% a few years ago. At today's price the dividend yield works out to roughly 2.82%. The consensus 12-month price target for NTN is 367.20 JPY, about 5.7% below where the stock trades today. Of 9 analysts, 5 rate the stock a buy — an overall Buy consensus. The stock trades about 27% above its 52-week low.
NTN stock price
Details
Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of NTN over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how NTN stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing NTN's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
| Date | NTN Price |
|---|---|
| 8/3/2026 | 389.40 JPY |
| 7/31/2026 | 380.70 JPY |
| 7/30/2026 | 372.90 JPY |
| 7/29/2026 | 363.10 JPY |
| 7/28/2026 | 367.30 JPY |
| 7/27/2026 | 379.60 JPY |
| 7/24/2026 | 372.90 JPY |
| 7/23/2026 | 381.00 JPY |
| 7/22/2026 | 385.00 JPY |
| 7/21/2026 | 376.90 JPY |
| 7/17/2026 | 367.30 JPY |
| 7/16/2026 | 390.00 JPY |
| 7/15/2026 | 383.20 JPY |
| 7/14/2026 | 374.20 JPY |
| 7/13/2026 | 380.80 JPY |
| 7/10/2026 | 389.20 JPY |
| 7/9/2026 | 387.50 JPY |
| 7/8/2026 | 396.80 JPY |
| 7/7/2026 | 403.80 JPY |
| 7/6/2026 | 414.30 JPY |
| 7/3/2026 | 404.10 JPY |
| 7/2/2026 | 406.30 JPY |
| 7/1/2026 | 402.30 JPY |
| 6/30/2026 | 400.60 JPY |
| 6/29/2026 | 401.90 JPY |
| 6/26/2026 | 397.80 JPY |
| 6/25/2026 | 419.30 JPY |
| 6/24/2026 | 433.20 JPY |
| 6/23/2026 | 436.50 JPY |
| 6/22/2026 | 443.30 JPY |
| 6/19/2026 | 440.00 JPY |
| 6/18/2026 | 442.60 JPY |
| 6/17/2026 | 449.10 JPY |
| 6/16/2026 | 443.30 JPY |
| 6/15/2026 | 435.70 JPY |
| 6/12/2026 | 421.00 JPY |
| 6/11/2026 | 410.80 JPY |
| 6/10/2026 | 412.90 JPY |
| 6/9/2026 | 432.00 JPY |
| 6/8/2026 | 429.50 JPY |
| 6/5/2026 | 424.60 JPY |
| 6/4/2026 | 431.70 JPY |
| 6/3/2026 | 437.10 JPY |
| 6/2/2026 | 423.80 JPY |
| 6/1/2026 | 441.50 JPY |
| 5/29/2026 | 458.40 JPY |
| 5/28/2026 | 448.40 JPY |
| 5/27/2026 | 436.90 JPY |
| 5/26/2026 | 433.20 JPY |
| 5/25/2026 | 421.00 JPY |
| 5/22/2026 | 404.40 JPY |
| 5/21/2026 | 396.50 JPY |
| 5/20/2026 | 385.30 JPY |
| 5/19/2026 | 386.30 JPY |
| 5/18/2026 | 396.20 JPY |
| 5/15/2026 | 427.60 JPY |
| 5/14/2026 | 458.90 JPY |
| 5/13/2026 | 479.40 JPY |
| 5/12/2026 | 435.10 JPY |
| 5/11/2026 | 422.20 JPY |
| 5/8/2026 | 415.60 JPY |
| 5/7/2026 | 408.00 JPY |
| 5/1/2026 | 399.40 JPY |
| 4/30/2026 | 382.20 JPY |
| 4/28/2026 | 351.40 JPY |
| 4/27/2026 | 344.30 JPY |
| 4/24/2026 | 336.70 JPY |
| 4/23/2026 | 346.30 JPY |
| 4/22/2026 | 352.60 JPY |
| 4/21/2026 | 362.40 JPY |
| 4/20/2026 | 356.90 JPY |
| 4/17/2026 | 350.20 JPY |
| 4/16/2026 | 351.80 JPY |
| 4/15/2026 | 346.00 JPY |
| 4/14/2026 | 344.20 JPY |
| 4/13/2026 | 343.70 JPY |
| 4/10/2026 | 346.40 JPY |
| 4/9/2026 | 344.90 JPY |
| 4/8/2026 | 347.00 JPY |
| 4/7/2026 | 330.90 JPY |
| 4/6/2026 | 328.90 JPY |
| 4/3/2026 | 329.40 JPY |
| 4/2/2026 | 327.80 JPY |
| 4/1/2026 | 335.60 JPY |
| 3/31/2026 | 319.30 JPY |
| 3/30/2026 | 320.40 JPY |
| 3/27/2026 | 336.80 JPY |
| 3/26/2026 | 338.80 JPY |
| 3/25/2026 | 338.40 JPY |
| 3/24/2026 | 328.30 JPY |
| 3/23/2026 | 316.60 JPY |
| 3/19/2026 | 334.30 JPY |
| 3/18/2026 | 346.90 JPY |
| 3/17/2026 | 332.50 JPY |
| 3/16/2026 | 331.00 JPY |
| 3/13/2026 | 333.70 JPY |
| 3/12/2026 | 341.70 JPY |
| 3/11/2026 | 354.70 JPY |
| 3/10/2026 | 357.20 JPY |
| 3/9/2026 | 346.20 JPY |
| 3/6/2026 | 372.30 JPY |
| 3/5/2026 | 376.60 JPY |
| 3/4/2026 | 366.10 JPY |
| 3/3/2026 | 390.80 JPY |
| 3/2/2026 | 414.10 JPY |
| 2/27/2026 | 423.00 JPY |
| 2/26/2026 | 409.10 JPY |
| 2/25/2026 | 412.90 JPY |
| 2/24/2026 | 413.30 JPY |
| 2/20/2026 | 411.80 JPY |
| 2/19/2026 | 424.00 JPY |
| 2/18/2026 | 417.00 JPY |
| 2/17/2026 | 417.40 JPY |
| 2/16/2026 | 418.30 JPY |
| 2/13/2026 | 412.70 JPY |
| 2/12/2026 | 410.50 JPY |
| 2/10/2026 | 417.90 JPY |
| 2/9/2026 | 412.00 JPY |
| 2/6/2026 | 404.90 JPY |
| 2/5/2026 | 387.60 JPY |
| 2/4/2026 | 382.00 JPY |
| 2/3/2026 | 370.90 JPY |
| 2/2/2026 | 365.90 JPY |
| 1/30/2026 | 369.40 JPY |
| 1/29/2026 | 364.40 JPY |
| 1/28/2026 | 360.50 JPY |
| 1/27/2026 | 371.10 JPY |
| 1/26/2026 | 370.50 JPY |
| 1/23/2026 | 382.60 JPY |
| 1/22/2026 | 382.50 JPY |
| 1/21/2026 | 377.40 JPY |
| 1/20/2026 | 381.40 JPY |
| 1/19/2026 | 382.60 JPY |
| 1/16/2026 | 386.10 JPY |
| 1/15/2026 | 382.60 JPY |
| 1/14/2026 | 380.80 JPY |
| 1/13/2026 | 372.00 JPY |
| 1/9/2026 | 370.60 JPY |
| 1/8/2026 | 366.90 JPY |
| 1/7/2026 | 373.70 JPY |
| 1/6/2026 | 366.30 JPY |
| 1/5/2026 | 371.60 JPY |
| 12/30/2025 | 367.60 JPY |
| 12/29/2025 | 362.80 JPY |
| 12/26/2025 | 360.50 JPY |
| 12/25/2025 | 361.30 JPY |
| 12/24/2025 | 360.40 JPY |
| 12/23/2025 | 357.40 JPY |
| 12/22/2025 | 356.60 JPY |
| 12/19/2025 | 356.30 JPY |
| 12/18/2025 | 354.90 JPY |
| 12/17/2025 | 359.70 JPY |
| 12/16/2025 | 371.70 JPY |
| 12/15/2025 | 375.30 JPY |
| 12/12/2025 | 380.70 JPY |
| 12/11/2025 | 374.00 JPY |
| 12/10/2025 | 379.70 JPY |
| 12/9/2025 | 373.80 JPY |
| 12/8/2025 | 378.20 JPY |
| 12/5/2025 | 374.90 JPY |
| 12/4/2025 | 375.00 JPY |
| 12/3/2025 | 365.00 JPY |
| 12/2/2025 | 369.90 JPY |
| 12/1/2025 | 374.10 JPY |
| 11/28/2025 | 372.50 JPY |
| 11/27/2025 | 361.00 JPY |
| 11/26/2025 | 361.00 JPY |
| 11/25/2025 | 355.60 JPY |
| 11/21/2025 | 354.30 JPY |
| 11/20/2025 | 355.00 JPY |
| 11/19/2025 | 354.80 JPY |
| 11/18/2025 | 355.40 JPY |
| 11/17/2025 | 364.40 JPY |
| 11/14/2025 | 366.10 JPY |
| 11/13/2025 | 365.00 JPY |
| 11/12/2025 | 363.70 JPY |
| 11/11/2025 | 363.70 JPY |
| 11/10/2025 | 365.30 JPY |
| 11/7/2025 | 361.00 JPY |
| 11/6/2025 | 360.20 JPY |
| 11/5/2025 | 356.50 JPY |
| 11/4/2025 | 360.00 JPY |
| 10/31/2025 | 345.40 JPY |
| 10/30/2025 | 356.50 JPY |
| 10/29/2025 | 349.00 JPY |
| 10/28/2025 | 355.50 JPY |
| 10/27/2025 | 355.50 JPY |
| 10/24/2025 | 353.80 JPY |
| 10/23/2025 | 348.90 JPY |
| 10/22/2025 | 350.40 JPY |
| 10/21/2025 | 344.40 JPY |
| 10/20/2025 | 341.50 JPY |
| 10/17/2025 | 336.00 JPY |
| 10/16/2025 | 338.00 JPY |
| 10/15/2025 | 337.20 JPY |
| 10/14/2025 | 336.00 JPY |
| 10/10/2025 | 339.20 JPY |
| 10/9/2025 | 343.70 JPY |
| 10/8/2025 | 342.10 JPY |
| 10/7/2025 | 343.80 JPY |
| 10/6/2025 | 343.20 JPY |
| 10/3/2025 | 338.70 JPY |
| 10/2/2025 | 338.20 JPY |
| 10/1/2025 | 336.70 JPY |
| 9/30/2025 | 340.40 JPY |
| 9/29/2025 | 344.10 JPY |
| 9/26/2025 | 348.20 JPY |
| 9/25/2025 | 346.20 JPY |
| 9/24/2025 | 339.90 JPY |
| 9/22/2025 | 340.90 JPY |
| 9/19/2025 | 343.00 JPY |
| 9/18/2025 | 341.80 JPY |
| 9/17/2025 | 342.20 JPY |
| 9/16/2025 | 343.00 JPY |
| 9/12/2025 | 343.40 JPY |
| 9/11/2025 | 344.00 JPY |
| 9/10/2025 | 341.10 JPY |
| 9/9/2025 | 342.90 JPY |
| 9/8/2025 | 347.90 JPY |
| 9/5/2025 | 347.90 JPY |
| 9/4/2025 | 342.10 JPY |
| 9/3/2025 | 338.70 JPY |
| 9/2/2025 | 333.40 JPY |
| 9/1/2025 | 330.00 JPY |
| 8/29/2025 | 328.90 JPY |
| 8/28/2025 | 324.00 JPY |
| 8/27/2025 | 322.10 JPY |
| 8/26/2025 | 322.10 JPY |
| 8/25/2025 | 326.30 JPY |
| 8/22/2025 | 326.10 JPY |
| 8/21/2025 | 317.30 JPY |
| 8/20/2025 | 319.00 JPY |
| 8/19/2025 | 315.80 JPY |
| 8/18/2025 | 315.00 JPY |
| 8/15/2025 | 310.30 JPY |
| 8/14/2025 | 306.30 JPY |
| 8/13/2025 | 311.50 JPY |
| 8/12/2025 | 312.90 JPY |
| 8/8/2025 | 315.20 JPY |
| 8/7/2025 | 312.50 JPY |
| 8/6/2025 | 307.60 JPY |
NTN Revenue, EBIT, Net Income
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NTN Income Statement, Balance Sheet, Cash Flow Statement
| REVENUEB JPY |
|---|
| REVENUE GROWTH% |
| GROSS MARGIN% |
| GROSS INCOMEB JPY |
| EBITB JPY |
| EBIT MARGIN% |
| NET INCOMEB JPY |
| NET INCOME GROWTH% |
| DIVIDENDDIV.JPY |
| DIVIDEND GROWTHDIV. GROWTH% |
| SHARESM |
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026e | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 638.97 | 701.90 | 717.00 | 683.33 | 744.37 | 733.57 | 651.96 | 562.85 | 642.02 | 773.96 | 836.29 | 825.59 | 811.20 | 827.00 | 841.60 | 864.80 |
| 18.42 | 9.85 | 2.15 | -4.70 | 8.93 | -1.45 | -11.13 | -13.67 | 14.07 | 20.55 | 8.05 | -1.28 | -1.74 | 1.95 | 1.77 | 2.76 |
| 17.69 | 18.76 | 19.57 | 18.67 | 18.91 | 17.79 | 15.73 | 15.13 | 16.50 | 16.27 | 17.37 | 17.12 | 17.12 | 17.12 | 17.12 | 17.12 |
| 113.04 | 131.70 | 140.35 | 127.61 | 140.76 | 130.49 | 102.56 | 85.18 | 105.95 | 125.91 | 145.28 | 141.37 | 138.90 | 141.61 | 144.11 | 148.08 |
| 33.00 | 43.85 | 47.77 | 35.62 | 39.61 | 26.95 | 7.52 | -3.14 | 6.88 | 17.15 | 28.15 | 22.96 | 18.50 | 18.86 | 19.19 | 19.72 |
| 5.17 | 6.25 | 6.66 | 5.21 | 5.32 | 3.67 | 1.15 | -0.56 | 1.07 | 2.22 | 3.37 | 2.78 | 2.28 | 2.28 | 2.28 | 2.28 |
| -14.65 | 23.35 | 15.04 | 2.83 | 20.37 | -6.96 | -43.99 | -11.64 | 7.34 | 10.37 | 10.57 | -23.80 | -1.85 | 13.47 | 22.21 | 24.97 |
| 3.19 | -259.42 | -35.61 | -81.18 | 619.89 | -134.15 | 532.25 | -73.54 | -163.06 | 41.22 | 1.94 | -325.22 | -92.22 | -827.11 | 64.91 | 12.45 |
| 4.50 | 8.50 | 10.00 | 10.00 | 12.50 | 12.50 | 12.50 | – | 2.50 | 5.00 | 10.50 | 11.00 | 16.50 | 18.24 | 20.16 | – |
| -55.00 | 88.89 | 17.65 | – | 25.00 | – | – | – | – | 100.00 | 110.00 | 4.76 | 50.00 | 10.55 | 10.53 | – |
| 532.00 | 531.82 | 531.76 | 531.31 | 531.06 | 531.11 | 531.15 | 531.16 | 530.98 | 530.89 | 565.84 | 530.09 | 530.09 | 530.09 | 530.09 | 530.09 |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales NTN generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue NTN retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare NTN's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares NTN has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against NTN's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
NTN stock margins
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NTN Stock Revenue, EBIT, Earnings per Share
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NTN business model & stock analysis
NTN SWOT Analysis
Strengths
NTN Corp has several strengths that contribute to its success in the market. First, the company has a strong brand reputation and a long history of providing high-quality products. Customers trust the NTN brand and are willing to pay a premium for their products. Additionally, NTN Corp has a diverse product portfolio and operates in multiple industries, which helps mitigate risks and provides stability.
Furthermore, the company has a strong manufacturing capability and efficient supply chain management, allowing them to deliver products in a timely manner. This gives NTN Corp a competitive edge in meeting customer demands and maximizing customer satisfaction. Lastly, the company has a strong global presence and a wide distribution network, enabling them to reach customers in various regions across the world.
However, NTN Corp also faces certain weaknesses that pose challenges to its growth and profitability. Firstly, the company heavily relies on a few key customers, making them vulnerable to fluctuations in demand or potential loss of major contracts. Such dependence increases the company's exposure to risks and limits diversification opportunities.
Additionally, NTN Corp faces intense competition from both domestic and international competitors. Maintaining market share and pricing competitiveness can be challenging in such a competitive landscape. Moreover, the company may encounter difficulties in adapting to rapidly changing technological advancements, which could impact their ability to introduce innovative products and keep up with industry trends.
Despite these challenges, NTN Corp has various opportunities to leverage for future growth. Firstly, the increasing global demand for automobiles, industrial machinery, and other mechanical equipment presents a significant market opportunity. Expanding into emerging markets with growing manufacturing sectors can help the company tap into new customer segments and drive revenue growth.
Additionally, advancements in automation and robotics technology create opportunities for NTN Corp to provide specialized bearings and components for various industries. By focusing on research and development, the company can stay at the forefront of technological advancements and develop innovative solutions to meet evolving customer needs. Moreover, strategic partnerships and collaborations with other industry players can provide access to new markets and enhance product offerings.
NTN Corp faces certain threats that can potentially impact its business operations and financial performance. Firstly, economic downturns and fluctuations in exchange rates can negatively affect the company's profitability, as it operates in a global market. Additionally, increasing regulations and compliance requirements add complexity and cost burdens to the company's operations.
Moreover, the presence of counterfeit products in the market poses a threat to NTN Corp's brand reputation and revenue. Protecting intellectual property and ensuring the authenticity of their products is crucial to maintaining customer trust. Lastly, geopolitical uncertainties, trade disputes, and disruptions in the supply chain can impact the company's ability to source materials and deliver products on time.
Weaknesses
However, NTN Corp also faces certain weaknesses that pose challenges to its growth and profitability. Firstly, the company heavily relies on a few key customers, making them vulnerable to fluctuations in demand or potential loss of major contracts. Such dependence increases the company's exposure to risks and limits diversification opportunities.
Additionally, NTN Corp faces intense competition from both domestic and international competitors. Maintaining market share and pricing competitiveness can be challenging in such a competitive landscape. Moreover, the company may encounter difficulties in adapting to rapidly changing technological advancements, which could impact their ability to introduce innovative products and keep up with industry trends.
Despite these challenges, NTN Corp has various opportunities to leverage for future growth. Firstly, the increasing global demand for automobiles, industrial machinery, and other mechanical equipment presents a significant market opportunity. Expanding into emerging markets with growing manufacturing sectors can help the company tap into new customer segments and drive revenue growth.
Additionally, advancements in automation and robotics technology create opportunities for NTN Corp to provide specialized bearings and components for various industries. By focusing on research and development, the company can stay at the forefront of technological advancements and develop innovative solutions to meet evolving customer needs. Moreover, strategic partnerships and collaborations with other industry players can provide access to new markets and enhance product offerings.
NTN Corp faces certain threats that can potentially impact its business operations and financial performance. Firstly, economic downturns and fluctuations in exchange rates can negatively affect the company's profitability, as it operates in a global market. Additionally, increasing regulations and compliance requirements add complexity and cost burdens to the company's operations.
Moreover, the presence of counterfeit products in the market poses a threat to NTN Corp's brand reputation and revenue. Protecting intellectual property and ensuring the authenticity of their products is crucial to maintaining customer trust. Lastly, geopolitical uncertainties, trade disputes, and disruptions in the supply chain can impact the company's ability to source materials and deliver products on time.
Opportunities
Despite these challenges, NTN Corp has various opportunities to leverage for future growth. Firstly, the increasing global demand for automobiles, industrial machinery, and other mechanical equipment presents a significant market opportunity. Expanding into emerging markets with growing manufacturing sectors can help the company tap into new customer segments and drive revenue growth.
Additionally, advancements in automation and robotics technology create opportunities for NTN Corp to provide specialized bearings and components for various industries. By focusing on research and development, the company can stay at the forefront of technological advancements and develop innovative solutions to meet evolving customer needs. Moreover, strategic partnerships and collaborations with other industry players can provide access to new markets and enhance product offerings.
NTN Corp faces certain threats that can potentially impact its business operations and financial performance. Firstly, economic downturns and fluctuations in exchange rates can negatively affect the company's profitability, as it operates in a global market. Additionally, increasing regulations and compliance requirements add complexity and cost burdens to the company's operations.
Moreover, the presence of counterfeit products in the market poses a threat to NTN Corp's brand reputation and revenue. Protecting intellectual property and ensuring the authenticity of their products is crucial to maintaining customer trust. Lastly, geopolitical uncertainties, trade disputes, and disruptions in the supply chain can impact the company's ability to source materials and deliver products on time.
Threats
NTN Corp faces certain threats that can potentially impact its business operations and financial performance. Firstly, economic downturns and fluctuations in exchange rates can negatively affect the company's profitability, as it operates in a global market. Additionally, increasing regulations and compliance requirements add complexity and cost burdens to the company's operations.
Moreover, the presence of counterfeit products in the market poses a threat to NTN Corp's brand reputation and revenue. Protecting intellectual property and ensuring the authenticity of their products is crucial to maintaining customer trust. Lastly, geopolitical uncertainties, trade disputes, and disruptions in the supply chain can impact the company's ability to source materials and deliver products on time.
NTN Eulerpool Fair Value
Details
Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
NTN historical P/E ratio, EBIT multiple, and P/S ratio
NTN annual returns
Details
Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
NTN shares outstanding
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NTN stock splits
NTN Dividend History
36 years of dividend payments · 3 consecutive increases
NTN dividend history and estimates
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5 Years
10 Years
25 Years
Max
Details
NTN dividend payout ratio
3 Years
5 Years
10 Years
25 Years
Max
Details
Current NTN forecasts and price targets in August 2026
Analyst Price Targets 2026NTN Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly report |
|---|---|---|---|---|---|
| 10/31/2022 | 1.80JPY | - | 188.38 BJPY | - | 2023 Q2 |
| 8/2/2022 | 0.98JPY | - | 168.64 BJPY | - | 2023 Q1 |
| 5/13/2022 | 1.49JPY | - | 164.22 BJPY | - | 2022 Q4 |
| 1/31/2022 | -1.82JPY | - | 164.51 BJPY | - | 2022 Q3 |
| 10/29/2021 | 1.18JPY | - | 156.37 BJPY | - | 2022 Q2 |
| 7/30/2021 | 1.14JPY | - | 157.70 BJPY | - | 2022 Q1 |
| 5/14/2021 | -6.67JPY | - | 162.32 BJPY | - | 2021 Q4 |
| 1/28/2021 | -JPY | - | 155.95 BJPY | - | 2021 Q3 |
| 10/30/2020 | -13.31JPY | - | 141.37 BJPY | - | 2021 Q2 |
| 7/31/2020 | -27.10JPY | - | 102.38 BJPY | - | 2021 Q1 |
EESG©
Eulerpool ESG Scorecard© for the NTN stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
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NTN shareholder structure
| % | Name |
|---|---|
7.10999% | |
2.70855% | |
2.17761% | |
2.06003% | |
2.04225% | |
2.02713% |
NTN Beneficial Ownership Filings (SEC 13D/G)
NTN Executives and Management Board
22 members · avg. age 63 · 5 % women
Management
Mr. Eiichi Ukai (67)
Executive President, Chief Executive Officer, Representative Executive Officer, Chief Director in Main Group Business Unit, Director · since 2017
Mr. Masaaki Yamamoto (63)
Chief Financial Officer, Executive Officer, Deputy Chief Director in Main Group Management Unit, Director · since 2019
Mr. Yoshiyasu Nakano (61)
Executive Officer, Chief Technology Officer
Mr. Shumpei Kinoshita (62)
Executive Officer, Deputy Chief Director in Main Group Business Unit, Director · since 2022
Mr. Hideaki Miyazawa (62)
Representative Executive Officer, Executive Officer, Chief Director in Main CVJ Axle Business Unit, Director · since 2015
Mr. Etsu Harima (65)
Executive Officer, Chief Director in Main Bearing Business Unit
Board of Directors
Ms. Yuriya Komatsu (61)
Non-Executive Chairman of the Board, Independent Director
Mr. Masaki Egami (66)
Director · since 2019
Mr. Isao Ozako (67)
Director · since 2019
Mr. Ryo Kawakami (56)
Independent Director
Mr. Yasuo Kitani (61)
Independent Director
Mr. Akira Murakoshi (66)
Independent Director
NTN Supply Chain
NTN Supply Chain
Correlation: how closely stock prices move together
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | 0.48 | 0.59 | 0.67 | ||
| 2 | 0.44 | 0.52 | 0.66 | ||
| 3 | 0.12 | 0.81 | 0.64 | ||
| 4 | -0.14 | 0.55 | 0.59 | ||
| 5 | Kalyani Steels | 0.34 | 0.78 | 0.57 |
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | 0.36 | 0.09 | — | ||
| 2 | -0.43 | — | — | ||
| 3 | -0.42 | -0.82 | — | ||
| 4 | -0.57 | -0.76 | — | ||
| 5 | 0.08 | 0.01 | — |
Frequently asked questions about NTN
NTN Corp, also known as NTN Corporation, is a leading global manufacturer of bearings. With a diverse product portfolio, NTN Corp specializes in the production of ball bearings, needle bearings, and precision machinery. The company's business model focuses on designing, developing, and manufacturing high-quality bearings that cater to various industries such as automotive, industrial machinery, and aerospace. NTN Corp is committed to delivering innovative solutions and advanced technologies to ensure optimal performance and reliability for its customers' applications. As a trusted industry leader, NTN Corp continues to strive for excellence in providing exceptional products and services worldwide.
NTN Corp is primarily active in the manufacturing industry.
The main competitors of NTN Corp in the market include SKF AB, Timken Company, and Schaeffler Group.
NTN Corp is a renowned company with a rich history and background. Founded in 1918, NTN Corp has grown to become a global leader in manufacturing high-quality precision bearings and motion control systems. With headquarters in Japan, they have an extensive network of production facilities and sales offices worldwide. NTN Corp's commitment to innovation and technological advancements has enabled them to provide exceptional products and solutions to various industries, including automotive, industrial machinery, and aerospace. Their relentless pursuit of excellence and customer satisfaction has earned them a strong reputation in the market, making NTN Corp a trusted name in the industry.
NTN Corp has achieved significant milestones throughout its history. It started by revolutionizing the industry with its creation of the first integrated ball bearing in 1937. The company also introduced the world's first constant velocity joint (CVJ) in 1958. In 1984, NTN Corp developed the world's first fully enclosed rotational sensor bearing, contributing to advancements in automotive technology. Furthermore, the company has been recognized for its commitment to quality and received numerous awards, including the Deming Prize and Japan Quality Medal. NTN Corp continues to innovate and evolve, focusing on providing cutting-edge products and solutions to meet the ever-growing demands of the market.
NTN Corp is primarily present in multiple countries and regions. The company has a global presence and operates in several key markets, including Japan, North America, Europe, Asia-Pacific, and Latin America. With its extensive distribution network and manufacturing facilities, NTN Corp caters to customers worldwide, delivering high-quality products and solutions. As a leading player in the industry, NTN Corp's strong presence in these countries and regions reflects its commitment to serving diverse markets and meeting the needs of various industries and sectors.
NTN Corp represents a strong set of values and a dedicated corporate philosophy. As a renowned company in the industry, NTN Corp prioritizes integrity, customer satisfaction, and innovation. By delivering high-quality products and services, NTN Corp aims to exceed customer expectations and build long-lasting relationships. With a focus on continuous improvement, the company constantly seeks innovative solutions to meet market demands. NTN Corp's commitment to environmental sustainability, social responsibility, and ethical business practices sets them apart. As a successful organization, NTN Corp greatly values teamwork, respect, and diversity among its employees. Overall, NTN Corp's vision is to contribute to society through its advanced technologies and unwavering commitment to excellence.
Analysts currently set an average price target of 375.36 JPY for the NTN stock (median: 367.20 JPY), implying -3.6 % versus the latest price. The consensus is based on 9 analyst ratings.
9 analysts currently rate the NTN stock: 5 recommend buying, 4 holding and 0 selling. For 2026, analysts expect NTN to generate revenue of 811.20 B JPY and earnings per share of -3.49 JPY.
Converted at the current exchange rate, the NTN share trades at 2.15 EUR (389.40 JPY).
The NTN share (6472.T) is listed on 4 stock exchanges, including: Frankfurt (NTN.F), München (NTN.MU), Düsseldorf (NTN.DU).
NTN Corporation is a Japanese company specializing in the manufacturing of bearings, drives, automotive components, and precision devices. It was founded in 1918 and is headquartered in Osaka, Japan. With over 27,000 employees worldwide, NTN is known for its quality and reliability. In the bearing production sector, NTN offers a wide range of ball, cylindrical, and tapered roller bearings for various applications. For example, in automobiles, mechanical engineering, aerospace, construction machinery, and many other industries. NTN also produces bearings for use in wind turbines and for general use in the energy industry. In the drive division, the company produces drive components for the automotive industry, including automatic transmissions and wheel bearings. These products are known for their high precision, reliability, and durability. NTN also has an automotive components division, which manufactures electric wheelchair drives, electronic clutch units, and electronic differentials for trucks, among other products. Another well-known product in this category is the "CVA-Joint," a joint for CV drive shafts used in most modern automobiles. Finally, NTN also has a precision devices division, which manufactures optical and medical devices, as well as metalworking tools. NTN's optical devices include microscopes and magnifiers, while their medical devices include endoscopes, flexible endoscopes, and rigid endoscopes. NTN Corporation is committed to continuously improving its production, product range, and technologies to meet the changing needs of its customers. They have several research and development centers in Japan and around the world, which focus on new technologies such as robotics, artificial intelligence, and Industry 4.0. The company also works closely with its customers to find more efficient solutions for their respective needs. Overall, NTN Corporation employs an impressive number of talented employees worldwide, who can look back on a long history of success and continuous innovation. With their focus on quality and precision, NTN Corporation is a reliable and esteemed partner for many industries.
The expected revenue of NTN is 811.20 B JPY. This figure is based on current financial data and reflects the company's business performance.
The expected profit of NTN is -1.85 B JPY. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of NTN is currently -111.44. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the NTN stock.
The price-to-sales ratio (P/S) of NTN is currently 0.25. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the NTN stock.
The Eulerpool Quality Score for NTN is 2/10.
The ISIN of NTN is JP3165600002. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of NTN is 854088. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of NTN is 6472.T. The ticker symbol is used to trade NTN shares on the stock exchange.
Over the past 12 months, NTN paid a dividend of 11.00 JPY . This corresponds to a dividend yield of about 2.82 %. For the coming 12 months, NTN is expected to pay a dividend of 18.24 JPY.
The current dividend yield of NTN is 2.82 %.
NTN pays a dividend, distributed in the months of , , , .
NTN paid dividends every year for the past 4 years.
For the upcoming 12 months, dividends amounting to 18.24 JPY are expected. This corresponds to a dividend yield of 4.68 %.
NTN is assigned to the 'Industry' sector.
To receive the latest dividend of NTN from amounting to 5.5 JPY, you needed to have the stock in your portfolio before the ex-date on .
The last dividend was paid out on .
In the year 2025, NTN distributed 7.5 JPY as dividends.
The dividends of NTN are distributed in JPY.
NTN stock
NTN Ticker
NTN FIGI
All fundamentals and in-depth analysis of NTN
Our stock analysis for NTN stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of NTN. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.