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Nippon Piston Ring Co., Ltd. (6461.T)
Key financial summary
Financials in JPY| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | ¥bn | 56 | 57 | 55 | 45 | 51 | 59 | 60 |
| Operating profit | ¥bn | 2 | 3 | |||||
| Net profit | ¥bn | 2 | 2 | 0 | -1 | 2 | 2 | 2 |
| EPS reported | ¥ | 231.6 | 272.2 | |||||
| Operating cashflow per share | ¥ | 664.0 | 664.0 | |||||
| Capex per share | ¥ | 437.3 | 437.3 | |||||
| FCF per share | ¥ | 226.7 | 226.7 | |||||
| Free cash flow | ¥bn | 2 | 1 | |||||
| Net debt | ¥bn | 8 | 7 | |||||
| Book value equity | ¥bn | 36 | 38 | |||||
| Book value per share | ¥ | 4,632 | 4,806 | |||||
| Number of shares | m | 7.81 | 7.84 | |||||
| DPS (TTM paid) | ¥ | 70.00 | 70.00 |
Financial summary
Financials in JPY| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 5.79 | - | |||||
| P/B LTM | x | 0.29 | 0.39 | |||||
| P/S LTM | x | 0.18 | 0.25 | |||||
| P/FCF LTM | x | 5.92 | 12.17 | |||||
| EV/EBITDA LTM | x | 2.43 | 6.77 | |||||
| EV/Sales LTM | x | 0.31 | 0.36 | |||||
| Earnings Yield LTM | % | 17.27% | 12.26% | |||||
| FCF Yield | % | 16.89% | 8.22% | |||||
| Quality | ||||||||
| ROE | % | 5.00% | 5.21% | |||||
| ROIC | % | 2.89% | 2.89% | |||||
| Operating margin | % | 4.08% | 4.08% | |||||
| Gross margin | % | 20.94% | 20.94% | |||||
| FCF/Sales | % | 3.01% | 3.01% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -6.98% | +28.66% | |||||
| Sales Growth YoY | % | +15.24% | +16.73% | |||||
| Net Income Growth YoY | % | -6.22% | +29.72% | |||||
| FCF Growth | % | -55.80% | +4.02% | |||||
| Operating Profit Growth | % | -9.21% | +36.42% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 5.36% | 3.68% | |||||
| Dividend Growth | % | 0.00% | - | |||||
| Payout Ratio | % | 30.86% | 30.86% | |||||
| FCF/Debt | x | 0.13 | 0.09 | |||||
| Net Debt/EBITDA | x | 1.02 | 1.02 | |||||
| EBIT/Net interest | x | 25.65 | 25.65 | |||||
| Net debt/market cap | % | 73.10% | 45.16% | |||||
| Net debt/Equity | x | 0.21 | 0.18 | |||||
| Gross debt/equity | x | 0.37 | 0.34 | |||||
Company overview
Headquartered in Saitama, Japan, Nippon Piston Ring Co., Ltd. is an international manufacturer and distributor of a broad spectrum of engineered components. The company's primary focus lies in engine parts for both the automotive and marine industries. Its automotive product line encompasses piston rings for a variety of internal combustion engines (such as those in motorcars and motorcycles), valve seat inserts, and other essential engine elements, including composite camshafts, cylinder liners, and alloy cast iron components. Furthermore, Nippon Piston Ring produces piston rings for industrial and marine applications, alongside large-scale industrial piston rings and precision metal injection molding parts utilized in industrial equipment, office automation devices, and leisure goods. Their portfolio also extends to compressor components and specialized medical instruments, specifically dental implants. This long-established firm has been operating since its founding in 1931.
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Nippon Piston Ring Co., Ltd. (6461.T)
Headquartered in Saitama, Japan, Nippon Piston Ring Co., Ltd. is an international manufacturer and distributor of a broad spectrum of engineered components. The company's primary focus lies in engine parts for both the automotive and marine industries. Its automotive product line encompasses piston rings for a variety of internal combustion engines (such as those in motorcars and motorcycles), valve seat inserts, and other essential engine elements, including composite camshafts, cylinder liners, and alloy cast iron components. Furthermore, Nippon Piston Ring produces piston rings for industrial and marine applications, alongside large-scale industrial piston rings and precision metal injection molding parts utilized in industrial equipment, office automation devices, and leisure goods. Their portfolio also extends to compressor components and specialized medical instruments, specifically dental implants. This long-established firm has been operating since its founding in 1931.
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