Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Undervalued vs peers
About
Nippon Sheet Glass Company, Ltd. (NSG) is a global producer and distributor of glass and glazing solutions, organized into Architectural, Automotive, Technical Glass, and Other business units. Under its Pilkington brand, the company provides a wide array of architectural glass products, encompassing solutions for solar control, thermal insulation, fire safety, acoustic dampening, security, self-cleaning, decorative purposes, solar energy applications, and antimicrobial protection, alongside various glass systems, and both coated and uncoated glass options. In the automotive sector, NSG supplies glass for original equipment manufacturers (OEMs), offers aftermarket replacement parts, and develops specialized glazing solutions for a range of vehicles, such as commercial, off-road, buses, coaches, marine vessels, and railway transport. The Technical Glass division features diverse functional products, including those marketed under brand names like MICROGLAS, Flake, Metashine, GLASFLAKE, and SILKYFLAKE. It also manufactures crucial components for batteries, such as absorbent glass mat (AGM) separators for valve-regulated lead-acid batteries, polyethylene (PE) separators to enhance production efficiency, and sleeve tubes used as positive plate separators in clad-type lead-acid batteries. Furthermore, the company supplies optical and electronic glass innovations, including SELFOC lens arrays, micro lenses, SELGUIDE linear LED light sources for image scanning, sheet glass for office electronics, and ultra-fine flat glass. Established in 1918 as America Japan Sheet Glass Co., Ltd., the company adopted its current name, Nippon Sheet Glass Company, Limited, in 1931. Its corporate headquarters are located in Tokyo, Japan.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITD.
Target Price
The average target price of 5202.T is 560 and suggests 16.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc