Nitto Denko (6988.T) Stock Price
Nitto Denko Price
Revenue has compounded at 2.2% per year over the past 19 years to 1.03 T JPY. Earnings per share have grown at 7.6% per year over the last 19 years. Nitto Denko's net margin stands at 13.0%, up from 11.4% several years earlier. Nitto Denko currently offers a dividend yield of about 2.43%. The payout ratio is around 33% of earnings. The dividend has grown at 9.8% per year over the past 19 years. Analysts set a median price target of 4,284.00 JPY, implying 18.5% above the current price. Of 18 analysts, 11 rate the stock a buy — an overall Buy consensus.
Nitto Denko stock price
Nitto Denko business model & stock analysis
Frequently asked questions about Nitto Denko
The business model of Nitto Denko Corp involves manufacturing and selling a wide range of products across various industries. As a diversified company, Nitto Denko Corp operates through multiple business segments, including Industrial Tape, Optics, Electronics, Life Sciences, and Others. The company's core strength lies in its advanced technology and expertise in materials science, enabling it to develop innovative solutions for its customers. Nitto Denko Corp aims to contribute to society by addressing global challenges, such as environmental sustainability and healthcare. With its commitment to research and development, the company strives to enhance its product portfolio while creating value for its stakeholders.
Nitto Denko Corp is primarily active in multiple industries, including but not limited to automotive, electronic materials, and life sciences.
The main competitors of Nitto Denko Corp in the market include 3M Company, Avery Dennison Corporation, and tesa SE.
Nitto Denko Corp is a Japanese company with a rich history and background. Established in 1918, Nitto Denko began as a manufacturer of electrical insulation materials. Over the years, the company has successfully diversified its product portfolio and expanded into various industries, including automotive, electronics, healthcare, and housing materials. Nitto Denko is renowned for its innovative solutions, focusing on adhesive tapes, optical films, and other advanced materials. With a commitment to research and development, the company has achieved significant growth and global recognition. Today, Nitto Denko Corp continues to thrive as a leading provider of high-quality products and solutions worldwide.
Nitto Denko Corp, a leading Japanese company, has achieved several significant milestones throughout its history. Notably, it expanded its global presence by establishing subsidiaries and production sites in various countries, solidifying its position as a multinational corporation. Furthermore, Nitto Denko Corp made remarkable advancements in various sectors, such as electronics, healthcare, and industrial materials, introducing innovative products and technologies. The company's commitment to research and development has led to breakthroughs in adhesive technology, medical devices, and energy solutions. Nitto Denko Corp's dedication to sustainability is evident through its eco-friendly initiatives and collaborations. These milestones have cemented Nitto Denko Corp as an influential player in the global market, driving growth and delivering value to its stakeholders.
Nitto Denko Corp is primarily present in various countries and regions worldwide. With its global presence, this leading company has established strong operations and sales networks in countries such as Japan, the United States, China, and Europe. Nitto Denko's extensive presence enables it to deliver cutting-edge solutions and innovative products to a wide range of industries around the globe.
Nitto Denko Corp is driven by its core values and corporate philosophy. The company believes in excellence, innovation, and sustainability. Nitto Denko Corp strives to deliver exceptional quality products and services that contribute to the betterment of society. They prioritize customer satisfaction by focusing on continuous improvement and providing reliable solutions. With a commitment to technological advancements, Nitto Denko Corp aims to create a positive impact through their diverse range of products across various industries such as electronics, automotive, healthcare, and more. As a global leader, Nitto Denko Corp's philosophy revolves around contributing to the well-being and prosperity of society through their business activities.
Analysts currently set an average price target of 4,027.43 JPY for the Nitto Denko stock (median: 4,284.00 JPY), implying +11.4 % versus the latest price. The consensus is based on 18 analyst ratings.
18 analysts currently rate the Nitto Denko stock: 11 recommend buying, 5 holding and 2 selling.
Converted at the current exchange rate, the Nitto Denko share trades at 20.39 EUR (3,615.00 JPY).
The Nitto Denko share (6988.T) is listed on 4 stock exchanges, including: Tokio (JPX) (6988.T), Frankfurt (ND5.F), Düsseldorf (ND5.DU).
The Nitto Denko Corporation is a company that operates in various business fields, such as electronic components, materials for the automotive industry, medical devices, and the environment and energy sector. The company is headquartered in Osaka, Japan and has been active in the market since 1918. In the field of electronic components, Nitto Denko produces various products for the industry. These include protective films for displays, as well as conductive adhesive tapes and thermal connection materials. These products are used in industries such as automotive, electrical engineering, and aerospace. In the materials for the automotive industry, Nitto Denko offers various products that contribute to making vehicles safer, more efficient, and overall more environmentally friendly. These include weights to reduce fuel consumption, as well as materials for noise reduction and surface protection. In the medical device sector, Nitto Denko produces surgical adhesive tapes that are characterized by their high durability and hypoallergenic properties. Products for wound care and sterile packaging materials are also part of the range. In the environment and energy sector, Nitto Denko is involved in solutions for reducing CO2 emissions, as well as energy generation and storage. Products include materials for the production of photovoltaic modules and high-performance batteries. Research and development are at the core of Nitto Denko's focus. The company places great importance on developing innovative products that meet the needs of customers. New technologies are regularly tested and evaluated for this purpose. The company is represented worldwide and works closely with customers in various regions. Nitto Denko places great value on close collaboration with customers in order to meet their individual needs. Overall, Nitto Denko's business model is focused on a wide range of products that are used in various fields. The company places great importance on quality and innovation in order to offer customers the best possible solutions. The company is internationally active and works closely with customers worldwide.
The revenue of Nitto Denko is 1.03 T JPY. This figure is based on current financial data and reflects the company's business performance.
The profit of Nitto Denko is 133.50 B JPY. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Nitto Denko is currently 18.08. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Nitto Denko stock.
The price-to-sales ratio (P/S) of Nitto Denko is currently 2.35. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Nitto Denko stock.
The Eulerpool Quality Score for Nitto Denko is 6/10.
The ISIN of Nitto Denko is JP3684000007. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Nitto Denko is 862930. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Nitto Denko is 6988.T. The ticker symbol is used to trade Nitto Denko shares on the stock exchange.
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All fundamentals and in-depth analysis of Nitto Denko
Our stock analysis for Nitto Denko 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 Nitto Denko. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.