NTT (9432.T) Stock Price
NTT Price
Revenue has compounded at 1.3% per year over the past 19 years to 13.70 T JPY. Earnings per share have declined at 9.9% per year over the last 19 years. NTT's net margin stands at 7.3%, broadly stable from 7.7% several years earlier. NTT currently offers a dividend yield of about 3.44%. The payout ratio is around 44% of earnings. Analysts set a median price target of 186.66 JPY, implying 22.5% above the current price. Of 18 analysts, 11 rate the stock a buy — an overall Buy consensus. The stock trades about 7% above its 52-week low.
NTT stock price
Details
Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of NTT 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 NTT 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 NTT'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 | NTT Price |
|---|---|
| 7/31/2026 | 152.40 JPY |
| 7/30/2026 | 158.10 JPY |
| 7/29/2026 | 160.30 JPY |
| 7/28/2026 | 156.40 JPY |
| 7/27/2026 | 153.80 JPY |
| 7/24/2026 | 151.30 JPY |
| 7/23/2026 | 149.70 JPY |
| 7/22/2026 | 152.00 JPY |
| 7/21/2026 | 153.90 JPY |
| 7/17/2026 | 151.10 JPY |
| 7/16/2026 | 150.90 JPY |
| 7/15/2026 | 150.10 JPY |
| 7/14/2026 | 151.40 JPY |
| 7/13/2026 | 148.60 JPY |
| 7/10/2026 | 148.00 JPY |
| 7/9/2026 | 149.20 JPY |
| 7/8/2026 | 150.40 JPY |
| 7/7/2026 | 148.00 JPY |
| 7/6/2026 | 147.00 JPY |
| 7/3/2026 | 147.10 JPY |
| 7/2/2026 | 145.80 JPY |
| 7/1/2026 | 142.80 JPY |
| 6/30/2026 | 145.20 JPY |
| 6/29/2026 | 145.80 JPY |
| 6/26/2026 | 143.80 JPY |
| 6/25/2026 | 143.50 JPY |
| 6/24/2026 | 145.10 JPY |
| 6/23/2026 | 144.20 JPY |
| 6/22/2026 | 144.00 JPY |
| 6/19/2026 | 145.00 JPY |
| 6/18/2026 | 146.80 JPY |
| 6/17/2026 | 147.10 JPY |
| 6/16/2026 | 146.60 JPY |
| 6/15/2026 | 148.30 JPY |
| 6/12/2026 | 148.30 JPY |
| 6/11/2026 | 150.40 JPY |
| 6/10/2026 | 148.50 JPY |
| 6/9/2026 | 146.70 JPY |
| 6/8/2026 | 147.00 JPY |
| 6/5/2026 | 146.60 JPY |
| 6/4/2026 | 147.40 JPY |
| 6/3/2026 | 147.80 JPY |
| 6/2/2026 | 148.30 JPY |
| 6/1/2026 | 148.10 JPY |
| 5/29/2026 | 150.60 JPY |
| 5/28/2026 | 149.80 JPY |
| 5/27/2026 | 150.30 JPY |
| 5/26/2026 | 150.30 JPY |
| 5/25/2026 | 151.10 JPY |
| 5/22/2026 | 152.80 JPY |
| 5/21/2026 | 154.70 JPY |
| 5/20/2026 | 156.20 JPY |
| 5/19/2026 | 155.30 JPY |
| 5/18/2026 | 152.40 JPY |
| 5/15/2026 | 149.00 JPY |
| 5/14/2026 | 148.60 JPY |
| 5/13/2026 | 150.00 JPY |
| 5/12/2026 | 149.40 JPY |
| 5/11/2026 | 148.40 JPY |
| 5/8/2026 | 150.20 JPY |
| 5/7/2026 | 150.80 JPY |
| 5/1/2026 | 152.00 JPY |
| 4/30/2026 | 152.50 JPY |
| 4/28/2026 | 151.10 JPY |
| 4/27/2026 | 151.20 JPY |
| 4/24/2026 | 151.50 JPY |
| 4/23/2026 | 151.40 JPY |
| 4/22/2026 | 151.50 JPY |
| 4/21/2026 | 152.30 JPY |
| 4/20/2026 | 153.50 JPY |
| 4/17/2026 | 154.00 JPY |
| 4/16/2026 | 153.00 JPY |
| 4/15/2026 | 154.00 JPY |
| 4/14/2026 | 152.10 JPY |
| 4/13/2026 | 152.60 JPY |
| 4/10/2026 | 153.10 JPY |
| 4/9/2026 | 154.60 JPY |
| 4/8/2026 | 155.30 JPY |
| 4/7/2026 | 155.40 JPY |
| 4/6/2026 | 157.10 JPY |
| 4/3/2026 | 157.80 JPY |
| 3/27/2026 | 159.00 JPY |
| 3/26/2026 | 158.80 JPY |
| 3/25/2026 | 157.50 JPY |
| 3/24/2026 | 156.40 JPY |
| 3/23/2026 | 157.00 JPY |
| 3/19/2026 | 158.60 JPY |
| 3/18/2026 | 158.00 JPY |
| 3/17/2026 | 157.30 JPY |
| 3/16/2026 | 155.70 JPY |
| 3/13/2026 | 154.70 JPY |
| 3/12/2026 | 155.70 JPY |
| 3/11/2026 | 155.50 JPY |
| 3/9/2026 | 154.00 JPY |
| 3/6/2026 | 151.10 JPY |
| 3/5/2026 | 150.20 JPY |
| 2/27/2026 | 153.30 JPY |
| 2/26/2026 | 152.10 JPY |
| 2/25/2026 | 150.90 JPY |
| 2/24/2026 | 150.80 JPY |
| 2/20/2026 | 151.00 JPY |
| 2/19/2026 | 152.50 JPY |
| 2/18/2026 | 153.00 JPY |
| 2/17/2026 | 153.10 JPY |
| 2/16/2026 | 154.20 JPY |
| 2/13/2026 | 154.60 JPY |
| 2/12/2026 | 153.40 JPY |
| 2/10/2026 | 153.80 JPY |
| 2/9/2026 | 152.50 JPY |
| 2/6/2026 | 152.50 JPY |
| 2/5/2026 | 154.50 JPY |
| 2/4/2026 | 153.40 JPY |
| 2/3/2026 | 156.30 JPY |
| 2/2/2026 | 156.20 JPY |
| 1/30/2026 | 154.90 JPY |
| 1/29/2026 | 153.30 JPY |
| 1/28/2026 | 154.60 JPY |
| 1/27/2026 | 155.20 JPY |
| 1/26/2026 | 156.90 JPY |
| 1/23/2026 | 157.50 JPY |
| 1/22/2026 | 156.20 JPY |
| 1/21/2026 | 157.30 JPY |
| 1/20/2026 | 160.20 JPY |
| 1/19/2026 | 158.20 JPY |
| 1/16/2026 | 157.10 JPY |
| 1/15/2026 | 159.50 JPY |
| 1/14/2026 | 159.00 JPY |
| 1/13/2026 | 158.60 JPY |
| 1/9/2026 | 159.10 JPY |
| 1/8/2026 | 157.80 JPY |
| 1/7/2026 | 159.20 JPY |
| 1/6/2026 | 160.70 JPY |
| 1/5/2026 | 159.50 JPY |
| 12/30/2025 | 157.70 JPY |
| 12/29/2025 | 158.60 JPY |
| 12/26/2025 | 158.80 JPY |
| 12/25/2025 | 156.70 JPY |
| 12/24/2025 | 156.30 JPY |
| 12/23/2025 | 156.30 JPY |
| 12/22/2025 | 154.70 JPY |
| 12/19/2025 | 157.00 JPY |
| 12/18/2025 | 156.70 JPY |
| 12/17/2025 | 154.90 JPY |
| 12/16/2025 | 155.10 JPY |
| 12/15/2025 | 155.40 JPY |
| 12/12/2025 | 155.50 JPY |
| 12/11/2025 | 155.10 JPY |
| 12/10/2025 | 155.70 JPY |
| 12/9/2025 | 153.80 JPY |
| 12/8/2025 | 154.30 JPY |
| 12/5/2025 | 153.90 JPY |
| 12/4/2025 | 155.60 JPY |
| 12/3/2025 | 154.70 JPY |
| 12/2/2025 | 155.70 JPY |
| 12/1/2025 | 155.80 JPY |
| 11/28/2025 | 155.80 JPY |
| 11/27/2025 | 154.40 JPY |
| 11/26/2025 | 155.30 JPY |
| 11/25/2025 | 152.40 JPY |
| 11/21/2025 | 154.20 JPY |
| 11/20/2025 | 152.60 JPY |
| 11/19/2025 | 152.50 JPY |
| 11/18/2025 | 152.80 JPY |
| 11/17/2025 | 153.10 JPY |
| 11/14/2025 | 151.20 JPY |
| 11/13/2025 | 150.80 JPY |
| 11/12/2025 | 152.40 JPY |
| 11/11/2025 | 152.40 JPY |
| 11/10/2025 | 151.40 JPY |
| 11/7/2025 | 151.20 JPY |
| 11/6/2025 | 150.70 JPY |
| 11/5/2025 | 150.20 JPY |
| 11/4/2025 | 155.40 JPY |
| 10/31/2025 | 158.40 JPY |
| 10/30/2025 | 158.10 JPY |
| 10/29/2025 | 159.10 JPY |
| 10/28/2025 | 160.40 JPY |
| 10/27/2025 | 162.50 JPY |
| 10/24/2025 | 159.80 JPY |
| 10/23/2025 | 159.70 JPY |
| 10/22/2025 | 159.80 JPY |
| 10/21/2025 | 160.10 JPY |
| 10/20/2025 | 159.00 JPY |
| 10/17/2025 | 158.30 JPY |
| 10/16/2025 | 156.00 JPY |
| 10/15/2025 | 153.50 JPY |
| 10/14/2025 | 152.20 JPY |
| 10/10/2025 | 152.80 JPY |
| 10/9/2025 | 153.00 JPY |
| 10/8/2025 | 153.80 JPY |
| 10/7/2025 | 155.10 JPY |
| 10/6/2025 | 156.20 JPY |
| 10/3/2025 | 154.60 JPY |
| 10/2/2025 | 152.90 JPY |
| 10/1/2025 | 154.80 JPY |
| 9/30/2025 | 154.70 JPY |
| 9/29/2025 | 155.40 JPY |
| 9/26/2025 | 159.10 JPY |
| 9/25/2025 | 158.30 JPY |
| 9/24/2025 | 157.90 JPY |
| 9/22/2025 | 158.20 JPY |
| 9/19/2025 | 158.00 JPY |
| 9/18/2025 | 159.90 JPY |
| 9/17/2025 | 161.00 JPY |
| 9/16/2025 | 161.00 JPY |
| 9/12/2025 | 161.50 JPY |
| 9/11/2025 | 161.70 JPY |
| 9/10/2025 | 161.30 JPY |
| 9/9/2025 | 158.20 JPY |
| 9/8/2025 | 158.80 JPY |
| 9/5/2025 | 159.20 JPY |
| 9/4/2025 | 159.10 JPY |
| 9/3/2025 | 157.50 JPY |
| 9/2/2025 | 159.80 JPY |
| 9/1/2025 | 158.00 JPY |
| 8/29/2025 | 155.80 JPY |
| 8/28/2025 | 157.30 JPY |
| 8/27/2025 | 157.80 JPY |
| 8/26/2025 | 156.50 JPY |
| 8/25/2025 | 159.90 JPY |
| 8/22/2025 | 162.90 JPY |
| 8/21/2025 | 163.00 JPY |
| 8/20/2025 | 165.00 JPY |
| 8/19/2025 | 165.50 JPY |
| 8/18/2025 | 164.60 JPY |
| 8/15/2025 | 163.00 JPY |
| 8/14/2025 | 162.00 JPY |
| 8/13/2025 | 162.90 JPY |
| 8/12/2025 | 163.00 JPY |
| 8/8/2025 | 160.00 JPY |
| 8/7/2025 | 156.50 JPY |
| 8/6/2025 | 153.10 JPY |
| 8/5/2025 | 154.30 JPY |
| 8/4/2025 | 153.10 JPY |
NTT Revenue, EBIT, Net Income
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NTT Income Statement, Balance Sheet, Cash Flow Statement
| REVENUET JPY |
|---|
| REVENUE GROWTH% |
| GROSS MARGIN% |
| GROSS INCOMET JPY |
| EBITT JPY |
| EBIT MARGIN% |
| NET INCOMET JPY |
| NET INCOME GROWTH% |
| DIVIDENDDIV.JPY |
| DIVIDEND GROWTHDIV. GROWTH% |
| SHARESB |
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026e | 2027e | 2028e | 2029e | 2030e | 2031e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11.54 | 11.39 | 11.78 | 11.88 | 11.90 | 11.94 | 12.16 | 13.14 | 13.37 | 13.70 | 14.19 | 15.08 | 15.64 | 16.21 | 16.98 | 17.59 |
| 4.02 | -1.30 | 3.43 | 0.83 | 0.16 | 0.37 | 1.78 | 8.06 | 1.81 | 2.47 | 3.51 | 6.30 | 3.71 | 3.64 | 4.77 | 3.56 |
| 51.25 | 51.47 | 49.76 | 49.35 | 49.27 | 49.08 | 48.23 | 44.63 | 43.83 | 42.78 | 51.47 | 51.47 | 51.47 | 51.47 | 51.47 | 51.47 |
| 5.91 | 5.86 | 5.86 | 5.86 | 5.86 | 5.86 | 5.86 | 5.86 | 5.86 | 5.86 | 7.30 | 7.76 | 8.05 | 8.34 | 8.74 | 9.05 |
| 1.38 | 1.61 | 1.99 | 2.01 | 1.77 | 1.88 | 1.97 | 1.99 | 2.08 | 1.82 | 1.98 | 2.11 | 2.19 | 2.27 | 2.37 | 2.46 |
| 11.96 | 14.17 | 16.91 | 16.93 | 14.89 | 15.75 | 16.17 | 15.15 | 15.57 | 13.27 | 13.97 | 13.97 | 13.97 | 13.97 | 13.97 | 13.97 |
| 0.74 | 0.80 | 0.90 | 0.85 | 0.86 | 0.92 | 1.18 | 1.21 | 1.28 | 1.00 | 1.06 | 1.04 | 1.13 | 1.23 | 1.36 | 1.41 |
| 42.40 | 8.46 | 12.22 | -4.83 | 0.09 | 7.12 | 28.91 | 2.71 | 5.47 | -21.84 | 5.88 | -1.99 | 8.50 | 9.02 | 11.16 | 3.09 |
| 120.00 | 135.00 | 160.00 | 190.00 | 97.50 | 110.00 | 120.00 | 62.50 | 5.20 | 5.25 | 7.90 | 9.10 | 10.48 | – | – | – |
| -14.29 | 12.50 | 18.52 | 18.75 | -48.68 | 12.82 | 9.09 | -47.92 | -91.68 | 0.96 | 50.48 | 15.19 | 15.16 | – | – | – |
| 4.21 | 4.09 | 3.99 | 3.88 | 3.70 | 92.30 | 89.67 | 87.15 | 84.80 | 83.61 | 83.61 | 83.61 | 83.61 | 83.61 | 83.61 | 83.61 |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales NTT 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 NTT 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 NTT'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 NTT 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 NTT'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.
NTT stock margins
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NTT Stock Revenue, EBIT, Earnings per Share
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NTT business model & stock analysis
NTT SWOT Analysis
Strengths
NTT Corp, founded in 1952, is one of the largest telecommunications companies in the world. It benefits from several strengths which contribute to its success:
- Strong market position: NTT holds a dominant market position in the telecommunications industry in Japan, enjoying a large customer base and high brand recognition.
- Diversified revenue streams: The company operates across various business segments including fixed-line, mobile, and data communications, allowing it to generate multiple sources of income.
- Technological expertise: With its years of experience and cutting-edge technologies, NTT is at the forefront of innovation, giving it a competitive advantage in offering advanced products and services.
- Robust infrastructure: NTT boasts an extensive network infrastructure, providing reliable and high-quality connectivity services to both consumer and corporate clients.
- Strategic partnerships: The company has established partnerships with global technology leaders, enhancing its capabilities and expanding its reach in domestic and international markets.
Despite its strengths, NTT Corp faces certain weaknesses that it needs to address:
- Regulatory challenges: The telecommunications industry is subject to stringent regulations, which may limit NTT's flexibility in certain areas and impede its ability to quickly adapt to market changes.
- Slow decision-making process: Being a large organization, NTT's decision-making process might be slower compared to smaller competitors, potentially hindering its responsiveness to market demands.
- Overreliance on the domestic market: NTT's heavy reliance on the Japanese market exposes it to potential risks and fluctuations in the country's economy, making it vulnerable to market downturns.
NTT Corp can capitalize on the following opportunities to further enhance its position in the telecommunications industry:
- Expansion into emerging markets: Growing demand for technology services in emerging economies presents an opportunity for NTT to expand its global footprint and tap into new customer segments.
- Cloud computing and digital services: The increasing adoption of cloud computing and digital technologies opens avenues for NTT to develop and offer innovative solutions, such as cybersecurity and data analytics.
- 5G networks: As the deployment of 5G networks gains momentum, NTT can capitalize on the demand for high-speed and reliable connectivity by offering innovative 5G services.
NTT Corp should be aware of the following threats that could potentially impact its business operations negatively:
- Intense competition: The telecommunications industry is highly competitive, with both domestic and international players vying for market share. NTT faces the risk of losing customers to competitors with similar services and pricing strategies.
- Rapid technological advancements: While NTT has technological expertise, the rapid pace of technological advancements poses the risk of potential disruption and the emergence of new, agile competitors.
- Changing consumer preferences: Shifts in consumer preferences and behavior, such as the increasing use of mobile devices over fixed-line services, may require NTT to adapt its offerings and marketing strategies to remain relevant.
Weaknesses
Despite its strengths, NTT Corp faces certain weaknesses that it needs to address:
- Regulatory challenges: The telecommunications industry is subject to stringent regulations, which may limit NTT's flexibility in certain areas and impede its ability to quickly adapt to market changes.
- Slow decision-making process: Being a large organization, NTT's decision-making process might be slower compared to smaller competitors, potentially hindering its responsiveness to market demands.
- Overreliance on the domestic market: NTT's heavy reliance on the Japanese market exposes it to potential risks and fluctuations in the country's economy, making it vulnerable to market downturns.
NTT Corp can capitalize on the following opportunities to further enhance its position in the telecommunications industry:
- Expansion into emerging markets: Growing demand for technology services in emerging economies presents an opportunity for NTT to expand its global footprint and tap into new customer segments.
- Cloud computing and digital services: The increasing adoption of cloud computing and digital technologies opens avenues for NTT to develop and offer innovative solutions, such as cybersecurity and data analytics.
- 5G networks: As the deployment of 5G networks gains momentum, NTT can capitalize on the demand for high-speed and reliable connectivity by offering innovative 5G services.
NTT Corp should be aware of the following threats that could potentially impact its business operations negatively:
- Intense competition: The telecommunications industry is highly competitive, with both domestic and international players vying for market share. NTT faces the risk of losing customers to competitors with similar services and pricing strategies.
- Rapid technological advancements: While NTT has technological expertise, the rapid pace of technological advancements poses the risk of potential disruption and the emergence of new, agile competitors.
- Changing consumer preferences: Shifts in consumer preferences and behavior, such as the increasing use of mobile devices over fixed-line services, may require NTT to adapt its offerings and marketing strategies to remain relevant.
Opportunities
NTT Corp can capitalize on the following opportunities to further enhance its position in the telecommunications industry:
- Expansion into emerging markets: Growing demand for technology services in emerging economies presents an opportunity for NTT to expand its global footprint and tap into new customer segments.
- Cloud computing and digital services: The increasing adoption of cloud computing and digital technologies opens avenues for NTT to develop and offer innovative solutions, such as cybersecurity and data analytics.
- 5G networks: As the deployment of 5G networks gains momentum, NTT can capitalize on the demand for high-speed and reliable connectivity by offering innovative 5G services.
NTT Corp should be aware of the following threats that could potentially impact its business operations negatively:
- Intense competition: The telecommunications industry is highly competitive, with both domestic and international players vying for market share. NTT faces the risk of losing customers to competitors with similar services and pricing strategies.
- Rapid technological advancements: While NTT has technological expertise, the rapid pace of technological advancements poses the risk of potential disruption and the emergence of new, agile competitors.
- Changing consumer preferences: Shifts in consumer preferences and behavior, such as the increasing use of mobile devices over fixed-line services, may require NTT to adapt its offerings and marketing strategies to remain relevant.
Threats
NTT Corp should be aware of the following threats that could potentially impact its business operations negatively:
- Intense competition: The telecommunications industry is highly competitive, with both domestic and international players vying for market share. NTT faces the risk of losing customers to competitors with similar services and pricing strategies.
- Rapid technological advancements: While NTT has technological expertise, the rapid pace of technological advancements poses the risk of potential disruption and the emergence of new, agile competitors.
- Changing consumer preferences: Shifts in consumer preferences and behavior, such as the increasing use of mobile devices over fixed-line services, may require NTT to adapt its offerings and marketing strategies to remain relevant.
NTT 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.
NTT historical P/E ratio, EBIT multiple, and P/S ratio
NTT 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.
NTT shares outstanding
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NTT stock splits
NTT Dividend History
37 years of dividend payments
NTT dividend history and estimates
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NTT dividend payout ratio
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Current NTT forecasts and price targets in August 2026
Analyst Price Targets 2026NTT Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly report |
|---|---|---|---|---|---|
| 5/10/2024 | 3.31JPY | - | 3.64 TJPY | - | 2024 Q4 |
| 2/7/2024 | 3.98JPY | - | 3.35 TJPY | - | 2024 Q3 |
| 8/7/2023 | 101.00JPY | - | 3.23 TJPY | - | 2024 Q1 |
| 5/10/2023 | 42.98JPY | - | 3.38 TJPY | - | 2023 Q4 |
| 2/6/2023 | 105.48JPY | - | 3.20 TJPY | - | 2023 Q3 |
| 11/8/2022 | 100.76JPY | - | 3.15 TJPY | - | 2023 Q2 |
| 8/8/2022 | 97.88JPY | - | 3.01 TJPY | - | 2023 Q1 |
| 5/12/2022 | 38.56JPY | - | 3.27 TJPY | - | 2022 Q4 |
| 2/7/2022 | 90.44JPY | - | 3.12 TJPY | - | 2022 Q3 |
| 11/10/2021 | 83.90JPY | - | 3.04 TJPY | - | 2022 Q2 |
EESG©
Eulerpool ESG Scorecard© for the NTT stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
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NTT shareholder structure
| % | Name |
|---|---|
2.59567% | |
1.13996% | |
1.12054% | |
1.11422% | |
1.11421% | |
0.54319% |
NTT Beneficial Ownership Filings (SEC 13D/G)
NTT Executives and Management Board
22 members · avg. age 65 · 36 % women
Mr. Akira Shimada (65)
President, Executive President, Chief Executive Officer, Representative Director · since 2012
131.00 M JPY
Management
Mr. Takashi Hiroi (61)
Vice President, Chief Financial Officer, Executive Vice President, Representative Director · since 2015
Mr. Shuji Sakamoto
Executive Officer, Chief Human Resource Officer, Chief Compliance Officer
Mr. Katsuhiko Kawazoe (62)
Vice President, Executive Vice President, Chief Technology Officer, Representative Director · since 2018
Mr. Tadao Yanase
Executive Vice President, Manager of Business Planning Office, Chief Business Development Officer
Mr. Kei Ikeda
Managing Executive Officer, Chief Information Officer, Co-Chief Artificial Intelligence Officer, Manager of Technology Planning
Ms. Sachiko Ohnishi (57)
Managing Director, Managing Executive Officer, Chief Director of R&D Marketing, Chief Customer Experience Officer, Co-Chief Artificial Intelligence Officer · since 2023
Board of Directors
Mr. Jun Sawada (68)
Chairman of the Board · since 2014
Ms. Noriko Endo (56)
Independent Director
Mr. Ken Sakamura (72)
Independent Director
Ms. Natsuko Takei (63)
Independent Director
Ms. Yukako Uchinaga (77)
Independent Director
Mr. Koichiro Watanabe (71)
Independent Director
NTT Supply Chain
NTT Supply Chain
Correlation: how closely stock prices move together
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | 0.70 | 0.86 | 0.93 | ||
| 2 | 0.07 | 0.77 | 0.92 | ||
| 3 | 0.71 | 0.73 | 0.91 | ||
| 4 | 0.14 | 0.61 | 0.89 | ||
| 5 | -0.11 | 0.10 | 0.76 |
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | Uchida Esco | 0.43 | 0.50 | — | |
| 2 | 0.55 | 0.82 | — | ||
| 3 | 0.75 | — | — | ||
| 4 | -0.81 | -0.86 | — | ||
| 5 | -0.75 | -0.84 | — |
Frequently asked questions about NTT
Nippon Telegraph and Telephone Corp (NTT) has achieved several significant milestones throughout its history. As a leading telecommunications company in Japan, NTT has played a vital role in revolutionizing the industry. Some notable milestones include the establishment of Japan's first nationwide fiber-optic network, introducing key advancements in mobile communication technologies, pioneering research and development in artificial intelligence and robotics, and expanding its global presence through strategic partnerships and acquisitions. NTT has consistently demonstrated its commitment to innovation and delivering cutting-edge solutions to meet the evolving needs of the digital age.
Nippon Telegraph and Telephone Corp. (NTT) operates with a diversified business model. As a leading Japanese telecommunications company, NTT provides a wide range of services including fixed-line and mobile communications, internet connectivity, and data centers. Additionally, the company offers system integration, IT consulting, and network management services. NTT aims to enhance their customers' experiences through advanced technology solutions and innovative digital infrastructure. By continuously investing in research and development, NTT strives to lead in areas such as 5G technology, cloud services, and artificial intelligence. NTT's comprehensive business model enables them to cater to the evolving needs of individuals, businesses, and society as a whole.
Nippon Telegraph and Telephone Corp (NTT) is primarily active in various industries such as telecommunications, information technology, and networking services. With its extensive reach and innovation, NTT offers a wide range of solutions and services including fixed-line and mobile telephony, internet access, data centers, cloud computing, cybersecurity, and collaboration tools. As a leading Japanese company, NTT plays a vital role in connecting people, businesses, and societies, driving technological advancements, and enabling seamless communication and digital transformation across industries worldwide.
The main competitors of Nippon Telegraph and Telephone Corp in the market include companies such as SoftBank Group Corp, KDDI Corporation, and Verizon Communications Inc. These companies compete with Nippon Telegraph and Telephone Corp in various sectors of the telecommunications industry, offering similar services and solutions. However, Nippon Telegraph and Telephone Corp's strong market presence, extensive infrastructure, and wide range of innovative products and services differentiate it from its competitors, allowing the company to maintain a competitive edge in the market.
Nippon Telegraph and Telephone Corp (NTT) is a Japanese telecommunications company with a rich history dating back to its establishment in 1952. Originally a state-owned enterprise, NTT played a vital role in Japan's post-war industrialization. Over the years, NTT expanded its operations and became a global leader in providing integrated telecommunication services. The company has consistently evolved to meet changing market demands and technological advancements. Today, NTT offers an extensive range of services, including fixed and mobile telephony, internet, data, and IT solutions. With its strong commitment to innovation and customer satisfaction, NTT continues to shape the telecommunications industry on a global scale.
Nippon Telegraph and Telephone Corp (NTT) is primarily present in Japan. As one of the world's largest telecommunications companies, NTT operates mainly within its home country. With its extensive network infrastructure and telecommunications services, NTT has established a significant presence in various regions across Japan. Through its subsidiaries and affiliates, NTT also offers global network services and solutions, ensuring seamless connectivity for customers worldwide. However, it is important to note that NTT's main focus and operations are centered in Japan, where it continues to innovate and drive the telecommunications industry forward.
Nippon Telegraph and Telephone Corp (NTT) represents a strong commitment to innovation, reliability, and customer satisfaction. With its corporate philosophy centered on Integrity, Accountability, and Innovation, NTT strives to provide cutting-edge telecommunication services and solutions. The company values integrity by fostering a transparent and ethical business environment. It emphasizes accountability through fulfilling social responsibilities and meeting stakeholders' expectations. NTT's corporate philosophy also focuses on promoting groundbreaking technologies and ideas, fostering a culture of innovation that drives its success. By prioritizing these values, NTT continues to be a trusted leader in the telecommunications industry.
Analysts currently set an average price target of 182.12 JPY for the NTT stock (median: 186.66 JPY), implying +20.6 % versus the latest price. The consensus is based on 18 analyst ratings.
18 analysts currently rate the NTT stock: 11 recommend buying, 7 holding and 0 selling. For 2026, analysts expect NTT to generate revenue of 14.19 T JPY and earnings per share of 12.66 JPY.
Converted at the current exchange rate, the NTT share trades at 0.84 EUR (152.40 JPY).
The NTT share (9432.T) is listed on 6 stock exchanges, including: Frankfurt (NTT.F), München (NTT.MU), Düsseldorf (NTT.DU), Wien (NITT.VI).
The company Nippon Telegraph and Telephone Corporation (NTT Corp.) is a Japanese telecommunications company that offers a variety of products and services. The company is divided into various divisions, including telecommunications, smart infrastructure, cloud services, and system integration. In the telecommunications sector, NTT Corp. offers a wide range of telecommunications services, such as fixed-line and mobile telephony, broadband internet access, fiber optic cables, and satellite transmission. The company is a major mobile service provider in Japan and operates the largest fiber optic network in the country. NTT serves both private and business customers with its telecommunications services. NTT Corp. is also a major provider of cloud services. The company operates several cloud platforms, including the Enterprise Cloud Platform and the Cloud Network Platform. These platforms offer a variety of cloud-based solutions to businesses, such as infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS). These solutions enable businesses to optimize their IT infrastructure and streamline their operations. NTT Corp. also offers smart infrastructure solutions, such as smart building technology and smart cities. These solutions help businesses and governments improve the efficiency and security of their infrastructure. The company also operates an R&D lab that focuses on the development of innovative technologies. Another important business area for NTT Corp. is system integration. The company provides customized solutions for businesses, ranging from network integration to application development. NTT's system integration allows businesses to improve the efficiency of their IT infrastructure and optimize their operations. NTT Corp. also offers a variety of products, including mobile phones, smartphones, and network devices. The company is a major producer of communication devices and offers a wide range of devices suitable for both personal and business use. In conclusion, NTT Corp.'s business activities are diverse and encompass a variety of products and services. The company has a strong presence in the telecommunications, cloud computing, and smart infrastructure sectors. With its diversified business divisions, NTT Corp. is well-positioned to meet the future market demands.
The expected revenue of NTT is 14.19 T JPY. This figure is based on current financial data and reflects the company's business performance.
The expected profit of NTT is 1.06 T JPY. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of NTT is currently 12.03. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the NTT stock.
The price-to-sales ratio (P/S) of NTT is currently 0.90. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the NTT stock.
The Eulerpool Quality Score for NTT is 2/10.
The ISIN of NTT is JP3735400008. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of NTT is 873029. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of NTT is 9432.T. The ticker symbol is used to trade NTT shares on the stock exchange.
Over the past 12 months, NTT paid a dividend of 5.25 JPY . This corresponds to a dividend yield of about 3.44 %. For the coming 12 months, NTT is expected to pay a dividend of 9.10 JPY.
The current dividend yield of NTT is 3.44 %.
NTT pays a dividend, distributed in the months of , , , .
NTT paid dividends every year for the past 36 years.
For the upcoming 12 months, dividends amounting to 9.10 JPY are expected. This corresponds to a dividend yield of 5.97 %.
NTT is assigned to the 'Communication' sector.
To receive the latest dividend of NTT from amounting to 2.65 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, NTT distributed 4.9 JPY as dividends.
The dividends of NTT are distributed in JPY.
NTT stock
NTT Peer Group
NTT Ticker
NTT FIGI
All fundamentals and in-depth analysis of NTT
Our stock analysis for NTT 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 NTT. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.