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5214:TSENippon Electric Glass Co., Ltd. Analysis

Data as of 2026-03-16 - not real-time

¥6,260.00

Latest Price

6/10Risk

Risk Level: Medium

Executive Summary

Nippon Electric Glass is trading at ¥6,260, comfortably below its 20‑day SMA of ¥6,386 and 50‑day SMA of ¥6,446, indicating short‑term weakness, while still above the 200‑day SMA of ¥5,062, suggesting a longer‑term base. Technical indicators such as a bearish MACD (‑25.6 vs signal 10) and a neutral RSI (46.8) reinforce a cautious near‑term outlook, and volume is trending downwards.
Fundamentally, the stock appears undervalued with a PE of 16.4 versus the industry average of 33.7 and a price‑to‑book just under 1.0. The DCF fair value of ¥6,885 implies an 8% upside, while the dividend yield of 2.57% and a payout ratio under 40% signal sustainable income. Recent news shows a sharp rise in net profit to ¥29.62 B from ¥12.09 B, underscoring strong earnings momentum despite flat revenue growth.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 6/10

Key Factors

  • Price below 20‑day and 50‑day SMAs
  • Bearish MACD histogram
  • Decreasing trading volume

Medium Term

1–3 years
Positive
Model confidence: 8/10

Key Factors

  • Significant YoY net profit increase
  • Undervalued valuation metrics (PE, PB, DCF upside)
  • Attractive dividend yield and sustainable payout

Long Term

> 3 years
Positive
Model confidence: 7/10

Key Factors

  • Low beta indicating defensive profile
  • Strong cash position relative to debt
  • Stable demand for specialty glass in tech and infrastructure

Key Metrics & Analysis

Financial Health

Profit Margin9.51%
P/E Ratio16.4
ROE6.11%
ROA3.01%
Debt/Equity19.63
P/B Ratio1.0
Op. Cash Flow¥52.0B
Industry P/E33.7

Technical Analysis

TrendNeutral
RSI46.8
Support¥5,675.00
Resistance¥7,185.00
MA 20¥6,386.25
MA 50¥6,445.82
MA 200¥5,061.69
MACDBearish
VolumeDecreasing
Fear & Greed Index75.89

Valuation

Fair Value¥6,885.22
Target Price¥6,776.67
Upside/Downside8.25%
GradeUndervalued
TypeValue
Dividend Yield2.57%

Risk Assessment

Beta0.48
Volatility63.79%
Sector RiskMedium
Reg. RiskMedium
Geo RiskLow
Currency RiskLow
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.