Nitto Denko Corp
TSE:6988

Watchlist Manager
Nitto Denko Corp Logo
Nitto Denko Corp
TSE:6988
Watchlist
Price: 2 596.5 JPY 1.25% Market Closed
Market Cap: 1.8T JPY
Have any thoughts about
Nitto Denko Corp?
Write Note

Relative Value

The Relative Value of one Nitto Denko Corp stock under the Base Case scenario is 663.33 JPY. Compared to the current market price of 2 596.5 JPY, Nitto Denko Corp is Overvalued by 74%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
663.33 JPY
Overvaluation 74%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
6
vs Industry
31
Median 3Y
0.3
Median 5Y
0.3
Industry
1.5
Forward
1.8
vs History
12
vs Industry
38
Median 3Y
2.5
Median 5Y
2.7
Industry
21.7
Forward
13.9
vs History
14
vs Industry
38
Median 3Y
1.6
Median 5Y
1.5
Industry
13
vs History
14
vs Industry
27
Median 3Y
2.8
Median 5Y
2.8
Industry
20.5
vs History
4
vs Industry
35
Median 3Y
0.3
Median 5Y
0.3
Industry
1.6
vs History
6
vs Industry
40
Median 3Y
-0.1
Median 5Y
-0.1
Industry
1.6
Forward
1.5
vs History
7
vs Industry
58
Median 3Y
-0.2
Median 5Y
-0.3
Industry
7.2
vs History
11
vs Industry
52
Median 3Y
-0.3
Median 5Y
-0.5
Industry
13.2
Forward
5.9
vs History
11
vs Industry
48
Median 3Y
-0.4
Median 5Y
-0.7
Industry
17.5
vs History
14
vs Industry
46
Median 3Y
-0.3
Median 5Y
-0.6
Industry
13.9
vs History
14
vs Industry
28
Median 3Y
-0.5
Median 5Y
-0.9
Industry
19.1
vs History
4
vs Industry
25
Median 3Y
-0.1
Median 5Y
-0.1
Industry
1.3

Multiples Across Competitors

Competitors Multiples
Nitto Denko Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
JP
Nitto Denko Corp
TSE:6988
1.8T JPY 1.8 13.2 6 8
US
Sherwin-Williams Co
NYSE:SHW
86.9B USD 3.8 34 22 25.6
US
Ecolab Inc
NYSE:ECL
68B USD 4.3 33.3 21.2 28.9
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
10.1T JPY 4.1 19.7 8.7 11.5
CH
Givaudan SA
SIX:GIVN
36.5B CHF 5.1 35.4 24.7 31.6
US
Dupont De Nemours Inc
NYSE:DD
32.1B USD 2.6 40.2 12.6 21
CN
Wanhua Chemical Group Co Ltd
SSE:600309
232.7B CNY 1.2 15.3 16.7 16.7
US
PPG Industries Inc
NYSE:PPG
27.9B USD 1.5 18.8 11.4 14.1
CH
DSM-Firmenich AG
AEX:DSFIR
26.1B EUR 2.5 12.2 30.9 -60.5
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.2T INR 6.3 47.8 32.4 37.6
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 9.3 54.8 28.9 37.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
JP
Nitto Denko Corp
TSE:6988
Average EV/EBITDA: 19.6
6
34%
0.2
US
Sherwin-Williams Co
NYSE:SHW
22
27%
0.8
US
Ecolab Inc
NYSE:ECL
21.2
38%
0.6
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
8.7
36%
0.2
CH
Givaudan SA
SIX:GIVN
24.7
34%
0.7
US
Dupont De Nemours Inc
NYSE:DD
12.6
32%
0.4
CN
Wanhua Chemical Group Co Ltd
SSE:600309
16.7
131%
0.1
US
PPG Industries Inc
NYSE:PPG
11.4
21%
0.5
CH
D
DSM-Firmenich AG
AEX:DSFIR
30.9
203%
0.2
IN
Asian Paints Ltd
NSE:ASIANPAINT
32.4
10%
3.2
DK
Novozymes A/S
CSE:NZYM B
28.9
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
JP
Nitto Denko Corp
TSE:6988
Average EV/EBIT: 23.3
8
N/A N/A
US
Sherwin-Williams Co
NYSE:SHW
25.6
34%
0.7
US
Ecolab Inc
NYSE:ECL
28.9
52%
0.6
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
11.5
N/A N/A
CH
Givaudan SA
SIX:GIVN
31.6
44%
0.7
US
Dupont De Nemours Inc
NYSE:DD
21
83%
0.3
CN
Wanhua Chemical Group Co Ltd
SSE:600309
16.7
39%
0.4
US
PPG Industries Inc
NYSE:PPG
14.1
28%
0.5
CH
D
DSM-Firmenich AG
AEX:DSFIR
Negative Multiple: -60.5 N/A N/A
IN
Asian Paints Ltd
NSE:ASIANPAINT
37.6
5%
7.1
DK
Novozymes A/S
CSE:NZYM B
37.9
N/A N/A

See Also

Discover More
Back to Top