Ratings NHK Spring Co., Ltd.

Equities

5991

JP3742600004

Delayed Japan Exchange Other stock markets 02:00:00 2024-04-25 am EDT			5-day change	1st Jan Change
1,564 ^JPY	+1.53%		+3.10%	+30.62%

Apr. 02	Tranche Update on NHK Spring Co., Ltd.'s Equity Buyback Plan announced on February 13, 2024.	CI
Mar. 07	Morgan Stanley Downgrades NHK Spring to Equalweight from Overweight, Price Target is 1,400 Yen	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

The company's attractive earnings multiples are brought to light by a P/E ratio at 9.42 for the current year.
The stock, which is currently worth 2024 to 0.43 times its sales, is clearly overvalued in comparison with peers.
The company's share price in relation to its net book value makes it look relatively cheap.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For the past twelve months, EPS forecast has been revised upwards.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.

Weaknesses

As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.
Over the past twelve months, analysts' opinions have been revised negatively.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Auto, Truck & Motorcycle Parts

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
NHK SPRING CO., LTD.	+31.08%	2.2B		C
BREMBO S.P.A.	+11.41%	4.27B		B+
BETHEL AUTOMOTIVE SAFETY SYSTEMS CO., LTD	-23.69%	3.16B		D+
JTEKT CORPORATION	+16.17%	3.15B		C
IMOTION AUTOMOTIVE TECHNOLOGY (SUZHOU) CO., LTD.	+215.73%	3.07B	-	-
HANON SYSTEMS	-28.40%	2.02B		B
AOTECAR NEW ENERGY TECHNOLOGY CO., LTD.	-16.31%	1.22B	-	-
ZHEJIANG WANLIYANG CO., LTD.	-20.40%	1.07B		C-
ZHEJIANG VIE SCIENCE & TECHNOLOGY CO., LTD.	+48.99%	1.12B	-	-
BOSCH FREN SISTEMLERI SANAYI VE TICARET	+15.37%	956M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

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Valuation

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Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

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Technical analysis

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